Highland, AR is a small town situated in the southwest region of Arkansas. The population size is relatively small but growing at a steady rate. Rent for a two bedroom home in Highland, AR is $700 which is much lower than the national average of $1,430. This makes Highland an attractive place to live for those looking to save money on rent. Grocery costs are also affordable with the cost index in Highland coming in at 93 compared to 100 nationally. There are several local companies in Highland such as McGee Manufacturing Co., Westrock Corporation and Eastman Chemical Company which offer good job opportunities for locals. Overall Highland offers an affordable cost of living making it an ideal place to call home or start a business.
Highland has an unemployment rate of 5.9%. The US average is 6.0%.
Highland has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 24.9%, which is lower than the US average of 33.5%.
Tax Rates for Highland
- The Sales Tax Rate for Highland is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Highland 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 Highland
- The average income of a Highland resident is $21,402 a year. The US average is $28,555 a year.
- The Median household income of a Highland resident is $42,969 a year. The US average is $69,021 a year.