Highfill, AR is a small town located in Northwest Arkansas with a population of 4,637. It is a nice place to live due to its lower cost of living when compared US averages. The 2 bedroom rent in Highfill is $980 compared to the average US rent of $1,430. In addition, the Grocery Cost Index in Highfill is 98 as opposed to 100 in the US, meaning groceries are cheaper here than other places. Some local companies that operate out of Highfill include Tyson Chicken Processing Plant, Howell Metal Fabrication and Hurst Universal Joints Inc., which all provide employment opportunities for the people who live here. The economy of this small city relies heavily on these businesses as well as retail stores such as Walmart and Target that draw people from nearby cities into Highfill for shopping purposes. Overall, Highfill has a low cost of living and provides ample job opportunities that make it an attractive place to live.
Highfill has an unemployment rate of 3.4%. The US average is 6.0%.
Highfill has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 46.9%, which is higher than the US average of 33.5%.
Tax Rates for Highfill
- The Sales Tax Rate for Highfill is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Highfill 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 Highfill
- The average income of a Highfill resident is $36,882 a year. The US average is $37,638 a year.
- The Median household income of a Highfill resident is $88,512 a year. The US average is $69,021 a year.