Altheimer, AR is a small town located in Arkansas with a range of businesses to suit its population. One of the main draws for new residents is the low cost of living; 2 bedroom rent in Altheimer is $740 per month compared to the US average of $1,430 and the Grocery Cost Index in Altheimer is 90 versus 100 in the US. Local businesses include L&S Auto Care which offers automobile repairs and maintenance as well as parts sales, Angelina's Bakery which specializes in cakes and sweet treats, and Herring's Furniture and Appliances who offer quality furniture at great prices. In conclusion, Altheimer may be a small town but it has much to offer potential residents looking for an affordable place to live with access to amenities like auto repair shops, bakeries, and furniture stores.
Altheimer has an unemployment rate of 7.3%. The US average is 6.0%.
Altheimer has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 17.4%, which is lower than the US average of 33.5%.
Tax Rates for Altheimer
- The Sales Tax Rate for Altheimer is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Altheimer 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 Altheimer
- The average income of a Altheimer resident is $15,190 a year. The US average is $28,555 a year.
- The Median household income of a Altheimer resident is $27,009 a year. The US average is $69,021 a year.