Oak Grove Heights, AR is a picturesque town located in the central part of Arkansas. The cost of living is incredibly affordable with two bedroom rent prices clocking in at $710 per month as compared to the US average of $1,430. The grocery cost index also reflects this affordability with a score of 93 compared to the US average of 100. There are plenty of local businesses and attractions for residents to enjoy in Oak Grove Heights. Popular companies include Arkansas Valley Electric Cooperative and James Cemetery Co., both longstanding businesses serving the community for over 70 years. For those looking for unique dining options, El Charro Mexican Restaurant serves classic Mexican dishes made with fresh ingredients while Golden Corral offers up all-you-can-eat buffet style meals. Adventure seekers will love visiting Blanchard Springs Caverns or Bull Shoals Lake where they can take part in activities like hiking, fishing, and swimming. Oak Grove Heights is a wonderful place to live with its friendly atmosphere and abundance of amenities sure to please anyone!
Oak Grove Heights has an unemployment rate of 4.2%. The US average is 6.0%.
Oak Grove Heights has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 24.8%, which is lower than the US average of 33.5%.
Tax Rates for Oak Grove Heights
- The Sales Tax Rate for Oak Grove Heights is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Oak Grove Heights 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 Oak Grove Heights
- The average income of a Oak Grove Heights resident is $19,223 a year. The US average is $28,555 a year.
- The Median household income of a Oak Grove Heights resident is $74,526 a year. The US average is $69,021 a year.