Located in Clark County, Arkansas, Mitchellville is a small town known for its rural charm and friendly atmosphere. It is home to several local businesses, such as the First State Bank of Mitchellville, Martin’s Grocery Store and the Mitchellville Mercantile. The cost of living in Mitchellville is moderate with an average two-bedroom rent of $650 compared to the US average of $1,430. The Grocery Cost Index in Mitchellville is also lower than the US average at 90 versus 100. With its proximity to larger cities like Little Rock and Hot Springs, Mitchellville offers a peaceful retreat and perfect balance between city life and country living.
Mitchellville has an unemployment rate of 6.4%. The US average is 6.0%.
Mitchellville 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 24.1%, which is lower than the US average of 33.5%.
Tax Rates for Mitchellville
- The Sales Tax Rate for Mitchellville is 10.5%. The US average is 7.3%.
- The Income Tax Rate for Mitchellville 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 Mitchellville
- The average income of a Mitchellville resident is $12,744 a year. The US average is $37,638 a year.
- The Median household income of a Mitchellville resident is $17,917 a year. The US average is $69,021 a year.