Luxora, AR Economy


Reviews



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Luxora, AR is a great place to live. The city offers affordable rental costs compared to the US average with two bedroom rents being $560. The cost of groceries is also low with an index of 90, which is 10 points lower than the US average. There are many local businesses in Luxora that contribute to the growth of the area such as Flair Supply and Luxora Motors. Residents of Luxora can also enjoy a variety of entertainment options such as attending local farmers markets or visiting small restaurants around town. Overall, Luxora is a great place to live for those who want to experience small-town life at an affordable price.

Luxora has an unemployment rate of 7.7%. The US average is 6.0%.

Luxora has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 19.9%, which is lower than the US average of 33.5%.

Tax Rates for Luxora
- The Sales Tax Rate for Luxora is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Luxora 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 Luxora
- The average income of a Luxora resident is $15,190 a year. The US average is $37,638 a year.
- The Median household income of a Luxora resident is $27,898 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLuxora, ArkansasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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