West Memphis, AR is a city with a variety of attractions and amenities that make it a desirable place to live. Rent for two bedroom apartments in the area is significantly lower than the US average, with an estimate of $850/month. Furthermore, the cost of groceries in West Memphis is 91 compared to 100 across the entire country, providing further financial savings to its residents. Popular local companies include Orion Building Solutions, Ritter Communications, and Mid-South Autoplex. With its affordable cost of living and numerous local businesses, West Memphis provides an attractive environment for those looking for a good quality of life.
West Memphis has an unemployment rate of 6.8%. The US average is 6.0%.
West Memphis has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 32.2%, which is lower than the US average of 33.5%.
Tax Rates for West Memphis
- The Sales Tax Rate for West Memphis is 10.8%. The US average is 7.3%.
- The Income Tax Rate for West Memphis 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 West Memphis
- The average income of a West Memphis resident is $16,853 a year. The US average is $28,555 a year.
- The Median household income of a West Memphis resident is $35,099 a year. The US average is $69,021 a year.