Mansfield, AR is a pleasant community in Arkansas with a diverse population and abundance of local businesses. The cost of living is below the national average, with 2 bedroom rentals priced at about $860 compared to the US average of $1,430. The grocery cost index in Mansfield is also lower than the national average, coming in at 93 versus 100 in the US.
The city offers a variety of activities and shopping options for both visitors and locals alike. There are several local businesses to explore such as Biggers Furniture Store, Southside Grocery and Deli, Mrs. Smith's Dance Studio, and Elite Nail Spa & Boutique. The town also has many churches, libraries, schools and parks where visitors can enjoy their time or get involved in the community.
Mansfield has an unemployment rate of 4.5%. The US average is 6.0%.
Mansfield has seen the job market decrease by -1.6% 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 Mansfield
- The Sales Tax Rate for Mansfield is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Mansfield 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 Mansfield
- The average income of a Mansfield resident is $18,663 a year. The US average is $28,555 a year.
- The Median household income of a Mansfield resident is $45,250 a year. The US average is $69,021 a year.