Egypt, AR is a small town located in Mississippi County with a population of just over 500 people. Despite its small size, Egypt, AR offers many amenities including restaurants, shopping centers, and recreational activities. Some local companies that operate within Egypt include Walmart Supercenter, Hardee’s Restaurant and Autozone. The cost of living is also quite favorable when compared to the US as evidenced by the fact that 2 bedroom rent in Egypt is $990 while it’s $1,430 in the US and grocery costs are 91 on the index versus 100 in the US.
Egypt has an unemployment rate of 3.9%. The US average is 6.0%.
Egypt has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 40.9%, which is higher than the US average of 33.5%.
Tax Rates for Egypt
- The Sales Tax Rate for Egypt is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Egypt 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 Egypt
- The average income of a Egypt resident is $17,831 a year. The US average is $28,555 a year.
- The Median household income of a Egypt resident is $28,636 a year. The US average is $69,021 a year.