Junction City, AR is a small town of roughly 1,390 people. It is located in central Arkansas and provides easy access to nearby cities such as Little Rock and Fayetteville. The town is home to several companies including City Electric Supply and Junction City Feeds. Rent for a two bedroom in Junction City is relatively low compared to the US average at $670 versus $1,430 respectively. Grocery costs in Junction City are also lower than the national average with an index of 89 versus 100. Overall, Junction City offers an affordable living experience with plenty of local businesses to explore.
Junction City has an unemployment rate of 6.9%. The US average is 6.0%.
Junction City has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 12.7%, which is lower than the US average of 33.5%.
Tax Rates for Junction City
- The Sales Tax Rate for Junction City is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Junction City 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 Junction City
- The average income of a Junction City resident is $15,578 a year. The US average is $28,555 a year.
- The Median household income of a Junction City resident is $31,962 a year. The US average is $69,021 a year.