Smackover, Arkansas is a great place to live for those looking for an affordable cost of living. The average rent for a 2-bedroom apartment is $750 compared to the US average of $1,430, making it almost half the price. Smackover also has a lower grocery cost index than the US with 88 versus 100 respectively. There are many local businesses in Smackover such as Times Printing Company, McConnel Realty and Insurance, and Blakeney's Auto Parts providing jobs and services to residents. All in all, Smackover provides an economical lifestyle perfect for those looking for an inexpensive yet quality place to live.
Smackover has an unemployment rate of 6.9%. The US average is 6.0%.
Smackover has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 12.7%, which is lower than the US average of 33.5%.
Tax Rates for Smackover
- The Sales Tax Rate for Smackover is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Smackover 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 Smackover
- The average income of a Smackover resident is $23,296 a year. The US average is $28,555 a year.
- The Median household income of a Smackover resident is $59,079 a year. The US average is $69,021 a year.