Fouke, AR is a small town located near Texarkana in Arkansas. It is a great place to visit for a weekend getaway and is relatively affordable. The average 2 bedroom rent in Fouke, AR is $820 compared to the US average of $1,430, making it an attractive option for those looking to save some money. Additionally, the grocery cost index in Fouke is 92, so food costs about 8% cheaper than other areas in the US. This affordability makes it easy to live within one's budget. \nThere are several local businesses that make Fouke unique such as First State Bank of Fouke which has been around since 1907 and offers friendly banking services with competitive interest rates; another popular spot is J & J Cafe where you can enjoy classic Southern cuisine at an affordable price. Other great businesses include Guyco Foods Inc., an independent grocery store providing all your daily needs and The Music Man, a shop specialized in musical instruments and music lessons. \nOverall, Fouke has a lot to offer with its warm hospitality and low cost of living. With its diverse range of businesses from banking to cafes to music shops, there is something for everyone!
Fouke has an unemployment rate of 5.8%. The US average is 6.0%.
Fouke has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 22.2%, which is lower than the US average of 33.5%.
Tax Rates for Fouke
- The Sales Tax Rate for Fouke is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Fouke 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 Fouke
- The average income of a Fouke resident is $15,153 a year. The US average is $28,555 a year.
- The Median household income of a Fouke resident is $29,440 a year. The US average is $69,021 a year.