Hoxie, Arkansas is a small town located in Lawrence County with a population of around 2,500 people. The town has a strong presence in agriculture and farming as well as local businesses such as Hoxie Pharmacy, I-Rite Auto Parts, and Hoxie Supermarket. The rental rates for two bedroom apartments are around $660 per month which is significantly cheaper than that of the national average of $1,430. Additionally, the grocery cost index for Hoxie is 92 in comparison to the US average of 100. Hoxie provides a safe and friendly atmosphere with lots of outdoor activities for all ages to enjoy - from fishing to camping. It's also close to larger cities like Little Rock, meaning residents are able to take advantage of everything that big city living has to offer without having to sacrifice their small town feel.
Hoxie has an unemployment rate of 5.0%. The US average is 6.0%.
Hoxie has seen the job market decrease by -2.9% over the last year. Future job growth over the next ten years is predicted to be 22.2%, which is lower than the US average of 33.5%.
Tax Rates for Hoxie
- The Sales Tax Rate for Hoxie is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Hoxie 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 Hoxie
- The average income of a Hoxie resident is $19,402 a year. The US average is $37,638 a year.
- The Median household income of a Hoxie resident is $30,991 a year. The US average is $69,021 a year.