Huntington, Arkansas is a small rural town located in the Ozark mountains. The cost of living in Huntington is significantly lower than the US average, as evidenced by the fact that 2 bedroom rent is only $800 compared to the national average of $1,430. Similarly, grocery costs are also at a much lower rate compared to other locations with the local index score being 95 versus 100 in the US.
There are several local businesses that operate within Huntington including John’s Grocery Store, Bob’s Auto Parts and Reed Furniture & Appliances. Each of these businesses provide necessary goods and services to residents as well as visitors to the area. Furthermore, because of its location near the Ozarks Mountains, outdoor recreation activities such as fishing, camping and hiking can be enjoyed nearby.
Huntington has an unemployment rate of 4.5%. The US average is 6.0%.
Huntington has seen the job market decrease by -1.6% 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 Huntington
- The Sales Tax Rate for Huntington is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Huntington 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 Huntington
- The average income of a Huntington resident is $13,531 a year. The US average is $28,555 a year.
- The Median household income of a Huntington resident is $29,306 a year. The US average is $69,021 a year.