Midland, AR is an attractive place to live because the cost of living is below the US average. The rent for a 2 bedroom apartment is $790, which is much lower than the national average of $1,430. Additionally, the grocery cost index in Midland is 91 compared to 100 in the US which indicates that it costs less to purchase groceries in Midland than other places. There are many local companies such as Midland Machine Works and Johnson's Home Services which provide jobs for residents and contribute to a vibrant local economy.
Midland has an unemployment rate of 4.5%. The US average is 6.0%.
Midland has seen the job market decrease by -3.9% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Midland
- The Sales Tax Rate for Midland is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Midland is 6.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Midland
- The average income of a Midland resident is $19,690 a year. The US average is $37,638 a year.
- The Median household income of a Midland resident is $31,638 a year. The US average is $69,021 a year.