Arkansas, AR County is a great place to live with affordable rent and grocery costs. According to sources, the median two bedroom rent in Arkansas, AR County is $760, which is much lower than the national average of $1,430. Additionally, their Grocery Cost Index is 92 compared to 100 in the US. The cost of living here can fit anyone's budget. \nThere are many local companies that make this area so appealing. These businesses include Little Rock-based Acxiom Corporation, a data management provider; Walmart Inc., a retail chain founded in 1962; Tyson Foods, a food production company founded in 1935; and Windstream Communications, an internet and telephone service provider based out of Little Rock. All these businesses provide jobs for residents of Arkansas, AR County and contribute to its economy.
Arkansas County has an unemployment rate of 4.0%. The US average is 6.0%.
Arkansas County has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 14.1%, which is lower than the US average of 33.5%.
Tax Rates for Arkansas County
- The Sales Tax Rate for Arkansas County is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Arkansas County 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 Arkansas County
- The average income of a Arkansas County resident is $23,237 a year. The US average is $28,555 a year.
- The Median household income of a Arkansas County resident is $55,022 a year. The US average is $69,021 a year.