Located in Wilmot, Arkansas (zip code 71676), the cost of rent for a 2 bedroom apartment is $580 per month. This is significantly lower than the national average of $1,430 for a 2 bedroom. The Grocery Cost Index in Wilmot is 87 compared to the US average of 100, making it an affordable place to live. Local companies in Wilmot include Strickland’s Grocery and Jones Farm Supply, which offer goods at reasonable prices. The town also has a Dollar General store and two gas stations - Hill's and Jack's. With its low-cost living and local businesses, Wilmot is an ideal place to settle down and start a family.
Wilmot (zip 71676) has an unemployment rate of 8.4%. The US average is 6.0%.
Wilmot (zip 71676) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 15.3%, which is lower than the US average of 33.5%.
Tax Rates for Wilmot (zip 71676)
- The Sales Tax Rate for Wilmot (zip 71676) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Wilmot (zip 71676) 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 Wilmot (zip 71676)
- The average income of a Wilmot (zip 71676) resident is $18,290 a year. The US average is $28,555 a year.
- The Median household income of a Wilmot (zip 71676) resident is $34,063 a year. The US average is $69,021 a year.