Hampton, AR is an affordable small town situated in rural Arkansas. With a low cost of living and rent at only $720 for two bedrooms, it's easy to see why so many people are drawn to this community. Groceries also remain inexpensive with a grocery cost index of 92 compared to 100 in the US.
The town has several local businesses that include Hampton Auto Parts, Hampton Motors, and Hampton Pharmacy which all serve the community well providing quality services and goods. There are also several churches in the area as well as sports teams for children who live nearby.
In general, Hampton is a great place to call home. People here are friendly and welcoming and the community takes care of each other. The cost of living is also very reasonable making it an attractive option for those looking for somewhere affordable to live.
Hampton has an unemployment rate of 4.0%. The US average is 6.0%.
Hampton has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.
Tax Rates for Hampton
- The Sales Tax Rate for Hampton is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Hampton 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 Hampton
- The average income of a Hampton resident is $18,432 a year. The US average is $28,555 a year.
- The Median household income of a Hampton resident is $52,228 a year. The US average is $69,021 a year.