Lead Hill, AR is a great area to live with an affordable cost of living. The average two-bedroom rent is just $720 compared to the US average of $1,430, making it a desirable place for those on a budget. Grocery costs are also lower than in most other areas, with an index rating of 92 compared to 100 in the US overall. Local businesses make up the thriving economy of Lead Hill and include things like Baxter Regional Medical Center, Walmart Supercenter, and Harps Food Stores Inc. With its low rental prices and cheaper grocery costs, Lead Hill is a great place for those looking to save some money while still enjoying all that this Arkansas city has to offer.
Lead Hill has an unemployment rate of 3.8%. The US average is 6.0%.
Lead Hill has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 26.0%, which is lower than the US average of 33.5%.
Tax Rates for Lead Hill
- The Sales Tax Rate for Lead Hill is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Lead Hill 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 Lead Hill
- The average income of a Lead Hill resident is $16,628 a year. The US average is $28,555 a year.
- The Median household income of a Lead Hill resident is $46,667 a year. The US average is $69,021 a year.