Sebastian, AR County is a great place to live. The average two bedroom rent is $800 which is significantly lower than the US average of $1,430. The grocery cost index in the county is 94 compared to 100 nationally. This makes it a very affordable area to live in. There are many local companies that contribute to the economy of Sebastian, AR County including Ozark Mountain Poultry, Tyson Foods, and JBS USA Beef Group. These companies produce high quality poultry and beef products which drive the local economy forward. There are other local businesses such as Arkansas Heart Hospital and North Arkansas Regional Medical Center that provide healthcare services to the community. All of these companies help make Sebastian, AR County a thriving area with lots of opportunity for growth and development.
Sebastian County has an unemployment rate of 4.5%. The US average is 6.0%.
Sebastian County has seen the job market decrease by -3.9% 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 Sebastian County
- The Sales Tax Rate for Sebastian County is 9.2%. The US average is 7.3%.
- The Income Tax Rate for Sebastian 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 Sebastian County
- The average income of a Sebastian County resident is $29,684 a year. The US average is $37,638 a year.
- The Median household income of a Sebastian County resident is $50,226 a year. The US average is $69,021 a year.