Rockwell, AR is a small city located in Arkansas that has a population of 2,582 according to the 2010 census. It provides its residents with a cost of living that is lower than the U.S. average, making it an attractive place to call home. The two bedroom rent in Rockwell, AR is $910 while the US two bedroom rent is $1,430, making it much more affordable for renters. Additionally, the grocery cost index in Rockwell is 97 compared to 100 in the US which also makes it more affordable for those looking to buy food items.
The city is known for its close-knit community and abundance of locally owned businesses including Koger’s Grocery Store, Rockwell Community Center, Litehouse Studios Photography & Video Service and H&H Auto Repair amongst others. Public parks offer a variety of outdoor activities such as fishing and cycling while nearby lakes provide a great spot to relax or enjoy watersports like kayaking or canoeing. With its low cost of living and abundance of recreational activities and businesses, Rockwell offers everything one could want out of an ideal small town living experience.
Rockwell has an unemployment rate of 6.1%. The US average is 6.0%.
Rockwell has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 27.2%, which is lower than the US average of 33.5%.
Tax Rates for Rockwell
- The Sales Tax Rate for Rockwell is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Rockwell 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 Rockwell
- The average income of a Rockwell resident is $33,407 a year. The US average is $28,555 a year.
- The Median household income of a Rockwell resident is $61,838 a year. The US average is $69,021 a year.