Greenway, AR is a small town nestled in the northwest corner of Arkansas. It is known for its outdoor activities, such as fishing and hunting, as well as its friendly locals. The cost of living in Greenway is quite low with a 2 bedroom rent coming in at $640 compared to the US average of $1,430. Additionally, the Grocery Cost Index for Greenway is 91 compared to 100 in the US. Local companies include Ozark Mountain Poultry, Inc., Mid-America Steel Corporation, and Greenway Lumber Company. Overall, Greenway is an affordable area to live with plenty of job opportunities and outdoor activities to enjoy.
Greenway has an unemployment rate of 5.2%. The US average is 6.0%.
Greenway has seen the job market decrease by -2.3% over the last year. Future job growth over the next ten years is predicted to be 10.6%, which is lower than the US average of 33.5%.
Tax Rates for Greenway
- The Sales Tax Rate for Greenway is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Greenway 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 Greenway
- The average income of a Greenway resident is $16,287 a year. The US average is $28,555 a year.
- The Median household income of a Greenway resident is $31,458 a year. The US average is $69,021 a year.