Reyno, AR is an attractive city with a relatively low cost of living. For example, the average two-bedroom rent in Reyno is only $650 per month compared to $1,430 in the rest of the United States. Additionally, the Grocery Cost Index in Reyno is 90 versus 100 in the US which shows that food prices are lower than average. This makes it a great option for those looking to save money on everyday expenses. Furthermore, Reyno has some great local businesses such as Jim's Hardware Store, Mary's Bakery and Cafe, and Tom's Auto Repair Shop that provide excellent services at reasonable prices. All these factors make Reyno an ideal place to live and work for those seeking affordability without sacrificing quality.
Reyno has an unemployment rate of 4.7%. The US average is 6.0%.
Reyno has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 58.2%, which is higher than the US average of 33.5%.
Tax Rates for Reyno
- The Sales Tax Rate for Reyno is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Reyno 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 Reyno
- The average income of a Reyno resident is $14,030 a year. The US average is $28,555 a year.
- The Median household income of a Reyno resident is $45,441 a year. The US average is $69,021 a year.