Union County, located in Arkansas, is known for its affordable housing and living costs. The average rent price for a two bedroom apartment in Union County is only $760 compared to the national average of $1,430. Additionally, the grocery cost index in Union County is 88 versus 100 in the US, making it a great place to live if you’re on a budget. The county is home to an array of businesses including the Southwestern Energy Company, Murphy USA Inc., and Simmons First National Corporation. These large companies bring many opportunities and resources to the county that help make Union County such an attractive destination for those looking to save money while still enjoying all of the amenities of city life.
Union County has an unemployment rate of 6.9%. The US average is 6.0%.
Union County has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 12.7%, which is lower than the US average of 33.5%.
Tax Rates for Union County
- The Sales Tax Rate for Union County is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Union 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 Union County
- The average income of a Union County resident is $21,911 a year. The US average is $28,555 a year.
- The Median household income of a Union County resident is $46,444 a year. The US average is $69,021 a year.