Ozan, AR is a small town located in Hempstead County in the state of Arkansas. It has a population of just under 500 people and offers many amenities to its residents. The cost of living in Ozan is quite affordable with rents for two bedroom apartments coming in at around $690 a month. Grocery costs are also very reasonable with an index score of 91 out of 100 compared to the US average. There are several local businesses that offer goods and services to the community such as Little's Grocery Store, Ozan Lumber Mill and Hardware, and Jim’s Auto Repair Shop. With its low cost of living and wide array of local businesses, Ozan is an attractive option for those looking for a friendly place to live.
Ozan has an unemployment rate of 4.0%. The US average is 6.0%.
Ozan has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 26.9%, which is lower than the US average of 33.5%.
Tax Rates for Ozan
- The Sales Tax Rate for Ozan is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Ozan 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 Ozan
- The average income of a Ozan resident is $20,865 a year. The US average is $28,555 a year.
- The Median household income of a Ozan resident is $53,542 a year. The US average is $69,021 a year.