Marion, AR Economy


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Marion, Arkansas is a rural town located in Crittenden County. It has a population of about 5,000 residents and is known for its excellent school system. Living expenses in Marion are quite affordable with 2 bedroom rent costing only $920 per month compared to the national average of $1,430 for the same type of accommodation. Additionally, grocery costs are lower than the national average with an index score of 96 versus 100 in the US. Overall, Marion is an attractive area for those looking to enjoy a slower pace of life while saving money on living costs.
Marion is home to several local companies such as Branson's Music Store, EZ Auto Sales & Repairs, and J&J Plumbing Services. These businesses go above and beyond to serve their community and provide quality services at competitive prices.

Marion has an unemployment rate of 5.8%. The US average is 6.0%.

Marion has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.

Tax Rates for Marion
- The Sales Tax Rate for Marion is 11.3%. The US average is 7.3%.
- The Income Tax Rate for Marion 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 Marion
- The average income of a Marion resident is $32,996 a year. The US average is $37,638 a year.
- The Median household income of a Marion resident is $80,170 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMarion, ArkansasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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