Lockesburg, AR is a charming small town located in Sevier County. It is home to many local businesses, such as Lockesburg Pawn Shop & Variety Store, G&G Repair Clinic, and Lockesburg Lumber Company. The people of Lockesburg are hardworking and friendly. They take pride in their small-town atmosphere and enjoy taking part in the events held throughout the year. Rent is relatively affordable for most residents at $740 for a two bedroom apartment, while grocery prices are slightly lower than the national average with an index of 89 versus 100. Overall, Lockesburg is a great place to call home!
Lockesburg has an unemployment rate of 5.6%. The US average is 6.0%.
Lockesburg has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.
Tax Rates for Lockesburg
- The Sales Tax Rate for Lockesburg is 8.9%. The US average is 7.3%.
- The Income Tax Rate for Lockesburg 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 Lockesburg
- The average income of a Lockesburg resident is $19,341 a year. The US average is $37,638 a year.
- The Median household income of a Lockesburg resident is $45,750 a year. The US average is $69,021 a year.