Sharp, AR County is a great place to live with its low cost of living and variety of local businesses. The county has a two bedroom rent rate of only $720, which is far below the US average of $1,430. Groceries are also cheaper in Sharp, AR as their grocery cost index is 93 compared to the national average of 100. There are many local businesses to choose from such as Wertz's Auto Repair, K&W Electric Co., and Lakeshore Publishing that make up the backbone of the county's economy. In Sharp, AR County residents can be sure they will get good value for their money while still having access to quality goods and services.
Sharp County has an unemployment rate of 5.9%. The US average is 6.0%.
Sharp County has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 24.9%, which is lower than the US average of 33.5%.
Tax Rates for Sharp County
- The Sales Tax Rate for Sharp County is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Sharp 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 Sharp County
- The average income of a Sharp County resident is $16,906 a year. The US average is $28,555 a year.
- The Median household income of a Sharp County resident is $37,361 a year. The US average is $69,021 a year.