Clay, AR County is a great place to settle down due to its affordable rents and living costs. The 2 bedroom rent in Clay, AR County is $720 which is significantly lower than the US average of $1,430. Similarly, the Grocery Cost Index in Clay, AR County is 91 versus 100 in the US; this difference reflects how economical it is to live here. There are many local businesses that make up the community such as the Clay Market, Farrell’s Hardware Store and Marshbank Saw & Tool Repair. All these companies add to the charm of Clay, AR County and make it an attractive place for people looking for a more affordable lifestyle.
Clay County has an unemployment rate of 5.2%. The US average is 6.0%.
Clay County has seen the job market decrease by -2.3% over the last year. Future job growth over the next ten years is predicted to be 10.6%, which is lower than the US average of 33.5%.
Tax Rates for Clay County
- The Sales Tax Rate for Clay County is 9.7%. The US average is 7.3%.
- The Income Tax Rate for Clay 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 Clay County
- The average income of a Clay County resident is $18,434 a year. The US average is $28,555 a year.
- The Median household income of a Clay County resident is $39,817 a year. The US average is $69,021 a year.