Coal Hill, AR is a small community located in the state of Arkansas. The cost of living here is quite low compared to other parts of the country. For example, rent for a two bedroom apartment is about $680 per month, while the US average for a two bedroom apartment is at $1,430. Additionally, groceries have an index of 91 compared to the US which is 100. This shows that it costs less to buy groceries in Coal Hill than almost anywhere else in the US. \nThe local economy also benefits from several businesses such as Sawmill Grille & Brewhouse that specializes in craft beer and wood-fired pizza and Barley's Deli and Grill which offers classic American fare as well as Mexican dishes. Other local establishments include W&G Tire Shop, Market Fresh Grocery Store, Coal Hill Country Store & Flea Market, Ace Hardware and more. All of these businesses offer affordable goods and services that make it possible for residents to enjoy all that Coal Hill has to offer without breaking their budget.
Coal Hill has an unemployment rate of 5.2%. The US average is 6.0%.
Coal Hill has seen the job market decrease by -2.3% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.
Tax Rates for Coal Hill
- The Sales Tax Rate for Coal Hill is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Coal Hill 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 Coal Hill
- The average income of a Coal Hill resident is $15,534 a year. The US average is $28,555 a year.
- The Median household income of a Coal Hill resident is $28,250 a year. The US average is $69,021 a year.