Redfield, AR is a small city located just over 20 miles from Little Rock. It has a population of 3,000 people and is known for being an affordable place to live. The median 2 bedroom rent in Redfield, AR is $1,060 compared to the US median 2 bedroom rent of $1,430. The local Grocery Cost Index in Redfield is 95 versus 100 in the US which indicates that groceries are more affordable than average. Major employers in Redfield include Tyson Foods which produces poultry products and Simmons Foods which specializes in pet food production. Other local businesses include Midland GIS Solutions provider of mapping services and Landmark Structures Inc., a residential modular home builder. Redfield offers a lower cost of living than most cities making it an ideal option for retirees, families and those looking to stretch their budget farther.
Redfield has an unemployment rate of 7.3%. The US average is 6.0%.
Redfield has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 17.4%, which is lower than the US average of 33.5%.
Tax Rates for Redfield
- The Sales Tax Rate for Redfield is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Redfield 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 Redfield
- The average income of a Redfield resident is $24,999 a year. The US average is $28,555 a year.
- The Median household income of a Redfield resident is $62,019 a year. The US average is $69,021 a year.