Higginson is a small town located in Arkansas, offering a quiet atmosphere for those looking to settle down. The cost of living in Higginson is relatively low compared to the US average, with 2-bedroom rent being only $760 compared to the US average of $1,430. Grocery costs index in Higginson is also 93% versus 100% on the US average. There are many local businesses that contribute to the economy of this charming town, such as Joe's Hardware Store, Dora's Café and Smith Family Farms. Overall, Higginson offers an affordable lifestyle with all the necessary amenities for comfortable living.
Higginson has an unemployment rate of 4.9%. The US average is 6.0%.
Higginson has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 21.3%, which is lower than the US average of 33.5%.
Tax Rates for Higginson
- The Sales Tax Rate for Higginson is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Higginson 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 Higginson
- The average income of a Higginson resident is $19,132 a year. The US average is $28,555 a year.
- The Median household income of a Higginson resident is $58,875 a year. The US average is $69,021 a year.