Wilton, Arkansas is a small town with a population of less than 5,000 people. It is known for its low cost of living with the average 2 bedroom rent being $1,030 per month compared to the US average of $1,430. Grocery costs in Wilton are also comparatively lower with an index of 88 versus the national average of 100. The town has several local companies such as Wilton Electric Co., Wilton Lumber Co., and Wilton Auto Parts. There are also numerous restaurants offering delicious cuisine to enjoy. All in all, Wilton is an affordable place to live with a small-town charm.
Wilton has an unemployment rate of 5.3%. The US average is 6.0%.
Wilton has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Wilton
- The Sales Tax Rate for Wilton is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Wilton 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 Wilton
- The average income of a Wilton resident is $21,505 a year. The US average is $37,638 a year.
- The Median household income of a Wilton resident is $53,125 a year. The US average is $69,021 a year.