Randolph County, Arkansas is an area known for its natural beauty and friendly people. It's an ideal place to live for those looking for a peaceful environment with plenty of fun activities for both children and adults. The county has seen a steady population growth in recent years due to its vibrant employment opportunities provided by local businesses like Acme Industries, Johnson Lumber Company, and Bearden Electric.
The cost of living in Randolph County is relatively low when compared to other areas. In particular, 2-bedroom rent in the county costs only $720 per month, while the same rent costs around $1,430 across US counties on average. The Grocery Cost Index is also much lower in Randolph at 91 compared to 100 nationally. This makes it easy for residents to save money on their everyday expenses while still taking advantage of all that the county has to offer.
Randolph County has an unemployment rate of 4.7%. The US average is 6.0%.
Randolph County has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 58.2%, which is higher than the US average of 33.5%.
Tax Rates for Randolph County
- The Sales Tax Rate for Randolph County is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Randolph 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 Randolph County
- The average income of a Randolph County resident is $19,528 a year. The US average is $28,555 a year.
- The Median household income of a Randolph County resident is $42,225 a year. The US average is $69,021 a year.