Jonesboro, AR Metro Area is a great place to live and work. The cost of living in Jonesboro is significantly lower than the national average, with 2 bedroom rent costing $820 per month - much less than the US average of $1,430. Similarly, grocery costs are also much lower at an index of 92 compared to 100 across the US. This makes Jonesboro an economical place to live while still offering residents a wealth of opportunities. At the same time, there are plenty of local corporate employers in Jonesboro – some notable examples include Frito-Lay, Unilever, and General Mills – so you can get a good job and enjoy an affordable lifestyle all in one place!
Jonesboro Metro Area has an unemployment rate of 4.0%. The US average is 6.0%.
Jonesboro Metro Area has seen the job market decrease by -3.3% over the last year. Future job growth over the next ten years is predicted to be 39.6%, which is higher than the US average of 33.5%.
Tax Rates for Jonesboro Metro Area
- The Sales Tax Rate for Jonesboro Metro Area is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Jonesboro Metro Area 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 Jonesboro Metro Area
- The average income of a Jonesboro Metro Area resident is $27,896 a year. The US average is $37,638 a year.
- The Median household income of a Jonesboro Metro Area resident is $49,745 a year. The US average is $69,021 a year.