Jonesboro, AR is an affordable city to live in with consistently lower rental rates than the national average. With a two bedroom rent of only $850, people looking for a cozy place to stay can find it here. The cost of groceries is also lower than the national average at 95 versus 100 in the US. Jonesboro is a great place to live with many local companies and amenities such as St Bernards Hospital, Arkansas State University, and numerous restaurants, stores and shopping centers. It's no wonder why people are choosing to make Jonesboro their home.
Jonesboro has an unemployment rate of 4.1%. The US average is 6.0%.
Jonesboro has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 40.6%, which is higher than the US average of 33.5%.
Tax Rates for Jonesboro
- The Sales Tax Rate for Jonesboro is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Jonesboro 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 Jonesboro
- The average income of a Jonesboro resident is $23,840 a year. The US average is $28,555 a year.
- The Median household income of a Jonesboro resident is $48,901 a year. The US average is $69,021 a year.