Williford, AR is a small city located in Sharp County in the northeastern part of Arkansas. Its population is just over 500 people, making it an ideal destination for those looking for a quiet and peaceful home. The cost of living in Williford is significantly lower than the US average, with two bedroom rents at $660 compared to the US average of $1,430. The Grocery Cost Index is also 92 compared to the national average of 100.
The local economy in Williford revolves largely around agriculture and timber production; some of the largest employers in the area include James Brothers Logging Inc., Wilkins Farms Contracting Co., and Mississippi Valley Lumber Company. Despite its small size, Williford boasts a variety of restaurants, shops, schools, and parks that make it a desirable place to live and work. With its low cost of living and unique rural charm, Williford is an excellent option for those looking for an affordable place to call home.
Williford has an unemployment rate of 5.9%. The US average is 6.0%.
Williford has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 24.9%, which is lower than the US average of 33.5%.
Tax Rates for Williford
- The Sales Tax Rate for Williford is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Williford 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 Williford
- The average income of a Williford resident is $9,721 a year. The US average is $28,555 a year.
- The Median household income of a Williford resident is $23,000 a year. The US average is $69,021 a year.