Gosnell, AR is a small town with a population of approximately 5,000 people. It offers its residents an affordable cost of living with two bedroom rentals averaging at $730 compared to the US average of $1,430. The Grocery Cost Index in Gosnell is also lower than the US average of 100. For those looking to move to Gosnell, it offers a number of places and businesses that are sure to meet their needs. Prominent companies located in the town include Tyson Foods and Walmart Distribution Center. There are also a variety of local restaurants from which one can choose from such as Top Hat Pizza, Sonic Drive-In, and La Esperanza Mexican Restaurant. In addition, there are many churches including First Baptist Church and Church of Jesus Christ Latter-Day Saints offering religious services for locals. Overall, Gosnell provides a great place for people interested in relocating due its affordable cost of living and nearby amenities.
Gosnell has an unemployment rate of 7.7%. The US average is 6.0%.
Gosnell has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 19.9%, which is lower than the US average of 33.5%.
Tax Rates for Gosnell
- The Sales Tax Rate for Gosnell is 10.5%. The US average is 7.3%.
- The Income Tax Rate for Gosnell is 6.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Gosnell
- The average income of a Gosnell resident is $21,023 a year. The US average is $37,638 a year.
- The Median household income of a Gosnell resident is $50,404 a year. The US average is $69,021 a year.