McGehee, AR is a small town located in Arkansas. It boasts affordable living costs with a two bedroom apartment rent costing $570 compared to the US average of $1,430. Additionally, grocery cost index is 91 versus 100 in the US making it an attractive place for those looking for cheap living options. McGehee also offers plenty of local businesses that provide goods and services to its citizens such as Walmart, Dollar General, Kmart, and Bi-Lo supermarkets. There are also many locally owned restaurants and bars in town as well as a variety of arts and culture venues. All in all, McGehee is an affordable place to live with plenty of local amenities to enjoy.
McGehee has an unemployment rate of 6.4%. The US average is 6.0%.
McGehee has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.
Tax Rates for McGehee
- The Sales Tax Rate for McGehee is 11.0%. The US average is 7.3%.
- The Income Tax Rate for McGehee 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 McGehee
- The average income of a McGehee resident is $16,127 a year. The US average is $28,555 a year.
- The Median household income of a McGehee resident is $31,833 a year. The US average is $69,021 a year.