Havana, AR Economy


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Havana, AR is a small town located in the Arkansas Delta Region. It is home to several local businesses such as Havana Meat Co., Delta Electric Co-op, and the Bank of Dermott. Residents of Havana enjoy living in a small town with easy access to amenities like grocery stores and restaurants, making it an ideal place for those who want to get away from urban areas. \nRental prices in Havana are quite affordable when compared to the rest of the US. The current two bedroom rent rate in Havana is $700 while the US average for two bedroom rent is $1,430. Additionally, grocery cost index in Havana is 92 versus 100 in the US which further emphasizes that living in Havana can be cheaper than other parts of America. All these factors make Havana an ideal location for those looking for an affordable lifestyle close to all necessary amenities.

Havana has an unemployment rate of 4.6%. The US average is 6.0%.

Havana 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 14.9%, which is lower than the US average of 33.5%.

Tax Rates for Havana
- The Sales Tax Rate for Havana is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Havana 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 Havana
- The average income of a Havana resident is $20,197 a year. The US average is $28,555 a year.
- The Median household income of a Havana resident is $41,134 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHavana, ArkansasUnited States
  4.66
  -5.8%-6.2%
  14.9%33.5%
  8.4%6.2%
  6.9%4.6%
  $11,231$37,638
  $41,134$69,021
  $41,369$85,028
  Population by Occupation
  5.9%1.2%
  3.3%0.5%
  0.0%6.8%
  2.0%10.0%
  0.0%2.5%
  12.4%11.0%
  0.0%4.8%
  0.0%0.8%
  1.3%1.9%
  1.3%4.7%
  0.0%1.9%
  1.3%7.6%
  0.0%0.1%
  0.7%4.2%
  2.6%9.3%
  9.2%14.0%
  0.0%2.1%
  58.2%7.0%
  1.3%4.8%
  0.7%4.7%
Reviews for Havana
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Over 17 years ago

We moved here from the Chicago area in 1992 and I absolutely love living here. This is a small city, but everyone knows everyone and we look out for one another. This  More

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