Hartford, Arkansas is a small city located in the south-western part of the state. It is an ideal place to live for those who want an affordable place to call home. The average two bedroom rent in Hartford is only $790, which is significantly lower than the national average of $1,430. Furthermore, the Grocery Cost Index in Hartford is 93 compared to 100 nationally - further helping to make this town a great value for money. There are many local businesses in Hartford that residents can enjoy such as Miller Lumber Company, Yarnell's Dairy, and Taylor Motor Company. Nearby cities include Russellville and Ozark which offer plenty of shopping opportunities and places to have fun. All these factors make Hartford a great choice for people looking for a reasonable cost of living in a friendly community.
Hartford has an unemployment rate of 4.5%. The US average is 6.0%.
Hartford has seen the job market decrease by -3.9% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Hartford
- The Sales Tax Rate for Hartford is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Hartford 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 Hartford
- The average income of a Hartford resident is $23,209 a year. The US average is $37,638 a year.
- The Median household income of a Hartford resident is $37,250 a year. The US average is $69,021 a year.