The city of Waldo, Arkansas (71770) offers an ideal lifestyle with low costs of living. The rental rates for two bedrooms are very affordable at only $660 per month compared to the US average of $1,430. Similarly, the Grocery Cost Index in Waldo is 89 versus 100 in the US. This makes it easy to save money on everyday necessities. Locals enjoy visiting local businesses such as Jimmy's Grocery Store, Blue Ribbon Bar-B-Q, and Maxine's Dress Shop. With a low cost of living and great local shopping options, Waldo is an excellent choice for those looking for an affordable lifestyle in the south.
Waldo (zip 71770) has an unemployment rate of 6.2%. The US average is 6.0%.
Waldo (zip 71770) has seen the job market decrease by -4.1% over the last year. Future job growth over the next ten years is predicted to be 12.8%, which is lower than the US average of 33.5%.
Tax Rates for Waldo (zip 71770)
- The Sales Tax Rate for Waldo (zip 71770) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Waldo (zip 71770) 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 Waldo (zip 71770)
- The average income of a Waldo (zip 71770) resident is $22,717 a year. The US average is $37,638 a year.
- The Median household income of a Waldo (zip 71770) resident is $35,429 a year. The US average is $69,021 a year.