Hackett, AR is a wonderful place to live with a low cost of living compared to the US average. The median rent for a 2 bedroom apartment in Hackett is $870, significantly lower than the national average of $1430. Additionally, grocery costs are 4% lower in Hackett compared to the US overall. There are many great local businesses such as Thompson & Co., Ashley’s Pharmacy and Log Cabin Cafe that make it a great place to live. All around, Hackett offers much lower prices on housing and groceries which makes it an attractive place for people who want to save money without sacrificing quality of life.
Hackett has an unemployment rate of 4.5%. The US average is 6.0%.
Hackett has seen the job market decrease by -3.9% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Hackett
- The Sales Tax Rate for Hackett is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Hackett 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 Hackett
- The average income of a Hackett resident is $19,861 a year. The US average is $37,638 a year.
- The Median household income of a Hackett resident is $37,857 a year. The US average is $69,021 a year.