Small Town757 people

Diamond City, AR

Discover how far your salary goes in Diamond City. Compare taxes, rent, and living costs.

Cost Index
77
💚 Very Affordable
Population

757

State Tax

5.5%

1BR Rent

$833

/month

vs National

-40%

below avg

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Rent Prices in Diamond City

🏠

Studio

$666

/month

$7,992/year

Most Common
🛏️

1 Bedroom

$833

/month

$9,996/year

🏡

2 Bedroom

$1,125

/month

$13,500/year

🏘️

3 Bedroom

$1,458

/month

$17,496/year

Taxes in Arkansas

State Income Tax

Arkansas

5.5%

For a $100k salary, that's ~$5,500/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Diamond City, AR?

Diamond City has a cost of living index of 77, which is 23% below the national average. A 1-bedroom apartment costs around $833/month.

What is the state income tax in Arkansas?

Arkansas has a state income tax rate of approximately 5.5%. This is in addition to federal income tax.

How much is rent in Diamond City?

The median rent for a 1-bedroom apartment in Diamond City is $833/month. For a 2-bedroom, expect to pay around $1,125/month. This is 40% below the national average.

Is Diamond City a good place to live?

Diamond City is a small town with a population of 757. The cost of living is very affordable, making it more affordable than average for the US.

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