Rye, AR is a small town located in Arkansas. It has a population of about 1,700 people and is situated close to the border of Oklahoma. The cost of living in Rye is relatively low, with 2 bedroom rent averaging at $710 and the Grocery Cost Index being 93 versus 100 in the US. This makes it an ideal place to live for those on a budget. Some local businesses that can be found in Rye include Old School Market, Buzzard's Pizza, and Sweet Tooth Bakery & Cafe. These establishments offer residents quality goods and services at an affordable price point.
Rye has an unemployment rate of 4.6%. The US average is 6.0%.
Rye has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 19.7%, which is lower than the US average of 33.5%.
Tax Rates for Rye
- The Sales Tax Rate for Rye is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Rye 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 Rye
- The average income of a Rye resident is $14,098 a year. The US average is $28,555 a year.
- The Median household income of a Rye resident is $62,847 a year. The US average is $69,021 a year.