South Lead Hill, AR is a small town located in Arkansas. It offers scenic beauty and a friendly atmosphere that make it an ideal place to live or visit. The local economy is driven by several companies including the South Lead Hill General Store, Lead Hill Veterinary Clinic, and the Lead Hill Restaurant. Prices in this area are generally lower than the national average, as evidenced by rental costs of $720 for a two bedroom apartment in South Lead Hill versus $1,430 nationally and a grocery cost index of 92 versus 100 in the US. This makes living here more affordable and attractive to those looking for a slower pace of life with access to amenities like shopping and dining options.
South Lead Hill has an unemployment rate of 3.8%. The US average is 6.0%.
South Lead Hill 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 26.0%, which is lower than the US average of 33.5%.
Tax Rates for South Lead Hill
- The Sales Tax Rate for South Lead Hill is 7.8%. The US average is 7.3%.
- The Income Tax Rate for South Lead Hill 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 South Lead Hill
- The average income of a South Lead Hill resident is $18,850 a year. The US average is $28,555 a year.
- The Median household income of a South Lead Hill resident is $35,417 a year. The US average is $69,021 a year.