The rural town of Ravenden Springs, AR is located in Randolph County and has a population of 724. This small town offers a great balance between city life amenities and the relaxation of country living. With 2 bedroom rent costing only $710, Ravenden Springs is definitely an affordable option for those looking to move away from larger cities. The cost of living index is lower than the US at 91, with grocery costs being particularly low in comparison.
Residents of Ravenden Springs are just minutes away from the Ozark National Forest, which offers plenty of outdoor recreational activities like hiking, fishing, and camping. The town also has two public schools for families with children as well as several local businesses such as Bank Oh!Hooppee, Cornerstone Outfitters, Murphy’s Pharmacy & Gifts , and Williams Country Store. All in all, Ravenden Springs offers its residents a peaceful environment that is easy on the pocketbook.
Ravenden Springs (zip 72460) has an unemployment rate of 4.7%. The US average is 6.0%.
Ravenden Springs (zip 72460) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 58.2%, which is higher than the US average of 33.5%.
Tax Rates for Ravenden Springs (zip 72460)
- The Sales Tax Rate for Ravenden Springs (zip 72460) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Ravenden Springs (zip 72460) 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 Ravenden Springs (zip 72460)
- The average income of a Ravenden Springs (zip 72460) resident is $16,573 a year. The US average is $37,638 a year.
- The Median household income of a Ravenden Springs (zip 72460) resident is $22,124 a year. The US average is $69,021 a year.