Van Buren, AR is a vibrant city with plenty of opportunity for its residents. With 2 bedroom rent coming in around $840, it is much more affordable than the US average of $1,430. Grocery costs are also much lower in Van Buren with an index score of 94 compared to the US average of 100. The city is home to a number of businesses such as Van Buren Broadcasting Co., Shuffield Funeral Home, and Van Buren Caterers. There are many local shops and restaurants that offer something for everyone who visits or lives there.
Van Buren has an unemployment rate of 4.3%. The US average is 6.0%.
Van Buren 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 23.3%, which is lower than the US average of 33.5%.
Tax Rates for Van Buren
- The Sales Tax Rate for Van Buren is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Van Buren 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 Van Buren
- The average income of a Van Buren resident is $26,500 a year. The US average is $37,638 a year.
- The Median household income of a Van Buren resident is $51,561 a year. The US average is $69,021 a year.