Garfield, AR is a small town located in Benton County. The 2 Bedroom rent in Garfield is $830 per month, which makes it much cheaper than the national average of $1,430. On top of that, the cost of groceries in Garfield are about the same as most places in the US with a Grocery Cost Index (GCI) of 100. Because of this lower cost of living and access to amenities like healthcare providers, retail stores and restaurants, Garfield is an ideal place for people looking to settle down affordably. Local companies such as Fayetteville Concrete Products Inc., West Fork Machine and Tool Company and DOW Manufacturing Co offer employment opportunities for residents looking for work. Overall, Garfield is an excellent place to live with lots to offer at a low cost compared to other areas in the country.
Garfield (zip 72732) has an unemployment rate of 3.4%. The US average is 6.0%.
Garfield (zip 72732) has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 46.9%, which is higher than the US average of 33.5%.
Tax Rates for Garfield (zip 72732)
- The Sales Tax Rate for Garfield (zip 72732) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Garfield (zip 72732) 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 Garfield (zip 72732)
- The average income of a Garfield (zip 72732) resident is $37,742 a year. The US average is $37,638 a year.
- The Median household income of a Garfield (zip 72732) resident is $66,010 a year. The US average is $69,021 a year.