Jacksonport, AR is a small city located in the southeast region of the state. The cost of living is significantly lower than the US average, with an average 2 bedroom rent at $670 compared to the national average of $1,430. Grocery Cost Index is also lower in Jacksonport at 91 compared to 100 in the US. Despite its smaller size, Jacksonport offers an array of local businesses and attractions. Notable companies include Jaxon Electric Co., Mama's Cafe, and Jacksonport Manufacturing Inc. For those looking for fun activities around town, there are several options like the historic downtown district, local parks and trails, and Boogerland amusement park. Whether for work or play, Jacksonport provides a great atmosphere for all ages.
Jacksonport has an unemployment rate of 5.9%. The US average is 6.0%.
Jacksonport has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 10.4%, which is lower than the US average of 33.5%.
Tax Rates for Jacksonport
- The Sales Tax Rate for Jacksonport is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Jacksonport 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 Jacksonport
- The average income of a Jacksonport resident is $17,637 a year. The US average is $28,555 a year.
- The Median household income of a Jacksonport resident is $34,318 a year. The US average is $69,021 a year.