Independence, AR County is an attractive place to live for those who are looking for affordable housing. The average 2 Bedroom rent in the county is only $730, which is significantly lower than the national average of $1,430. This makes it a great choice for people with tight budgets. Additionally, groceries in the area also cost less than other places due to its Grocery Cost Index being 92 compared to 100 nationally.
The county has plenty of local businesses to choose from too. Some of these include Lazy Acres Farm & Market, Independence True Value Hardware Store, and First Community Bank of Batesville. All three businesses provide a variety of services and products that make life in Independence more enjoyable and convenient.
Independence County has an unemployment rate of 4.5%. The US average is 6.0%.
Independence County has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 35.2%, which is higher than the US average of 33.5%.
Tax Rates for Independence County
- The Sales Tax Rate for Independence County is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Independence 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 Independence County
- The average income of a Independence County resident is $20,222 a year. The US average is $28,555 a year.
- The Median household income of a Independence County resident is $50,028 a year. The US average is $69,021 a year.