St. Francis, AR, is an affordable and convenient city located in the south of Arkansas. The cost of living in St Francis is much lower than the US average - 2 bedroom rent in St Francis costs $680 compared to the US average of $1,430. Grocery cost index is also relatively low at 91 versus 100 in the US. This makes St Francis a great place to live for those who need to save money.
The city has a number of local companies that make life easier and more enjoyable. There are banks such as Bank of America and Wells Fargo; supermarkets including Walmart Supercenter and Kroger; restaurants like Applebee's and Sonic Drive-In; entertainment venues like ABC Cinema and Little Theatre; educational institutions such as University of Central Arkansas and University Of Arkansas at Monticello; as well as many other local businesses that contribute to the community’s economy.
All these amenities make St Francis an ideal place for families or individuals looking for affordable living without sacrificing convenience or quality of life. With its low rents, low grocery cost index, and range of local enterprises, St Francis is an attractive option for those seeking affordability while still enjoying all the benefits of urban living.
St. Francis has an unemployment rate of 5.2%. The US average is 6.0%.
St. Francis has seen the job market decrease by -3.9% over the last year. Future job growth over the next ten years is predicted to be 10.6%, which is lower than the US average of 33.5%.
Tax Rates for St. Francis
- The Sales Tax Rate for St. Francis is 8.5%. The US average is 7.3%.
- The Income Tax Rate for St. Francis 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 St. Francis
- The average income of a St. Francis resident is $17,481 a year. The US average is $37,638 a year.
- The Median household income of a St. Francis resident is $32,333 a year. The US average is $69,021 a year.