Tillar, AR is a small town located in Arkansas County. It is known for its rural charm and peaceful atmosphere. The town has many local companies such as Tillar Bank, Tillar Service Center, and Tillar Grocery Store. The cost of living is quite low compared to other areas of the state. For example, 2 bedroom rent in Tillar is $680 while the US average rental rate is $1,430. Additionally, the grocery cost index in Tillar is 89 versus 100 in the US which makes it far more affordable to live in the area than other nearby places.
Tillar has an unemployment rate of 5.8%. The US average is 6.0%.
Tillar has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 25.9%, which is lower than the US average of 33.5%.
Tax Rates for Tillar
- The Sales Tax Rate for Tillar is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Tillar 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 Tillar
- The average income of a Tillar resident is $17,781 a year. The US average is $28,555 a year.
- The Median household income of a Tillar resident is $39,125 a year. The US average is $69,021 a year.