Searcy, AR Metro Area is a great place to live. It has a low cost of living compared to other areas in the US, with an average two-bedroom rent being only $740 per month versus $1,430 nationally. The area also offers good value for groceries as its Grocery Cost Index is 93 compared to 100 nationally. The area has a thriving business community with well-known companies such as Walmart, Tyson Foods and AT&T operating in the area. Overall, Searcy is an affordable place to live with many local businesses available for residents.
Searcy Metro Area has an unemployment rate of 4.9%. The US average is 6.0%.
Searcy Metro Area has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 21.3%, which is lower than the US average of 33.5%.
Tax Rates for Searcy Metro Area
- The Sales Tax Rate for Searcy Metro Area is 9.2%. The US average is 7.3%.
- The Income Tax Rate for Searcy 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 Searcy Metro Area
- The average income of a Searcy Metro Area resident is $25,535 a year. The US average is $37,638 a year.
- The Median household income of a Searcy Metro Area resident is $46,345 a year. The US average is $69,021 a year.