Flippin, AR is a small town located in Marion County that is known for its low cost of living. It is a great place to live due to the affordable rental housing prices. The average rent for a two-bedroom apartment in Flippin is only $710, which is considerably lower than the national average of $1,430. Additionally, grocery costs are also significantly lower in Flippin compared to the national average. With a Grocery Cost Index of 94 versus 100 in the US, it's clear that local residents enjoy significant savings when it comes to food expenses. There are numerous local businesses which offer quality products and services including FNBC Bank & Trust, Smith Boat Dock & Store, and Star Lumber Company. Flippin offers plenty of amenities at an affordable cost which makes it an attractive location for anyone looking to get away from higher costs associated with living in bigger cities.
Flippin has an unemployment rate of 5.4%. The US average is 6.0%.
Flippin has seen the job market decrease by -8.6% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.
Tax Rates for Flippin
- The Sales Tax Rate for Flippin is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Flippin 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 Flippin
- The average income of a Flippin resident is $16,099 a year. The US average is $37,638 a year.
- The Median household income of a Flippin resident is $30,000 a year. The US average is $69,021 a year.