Mount Ida, AR is a small town located in the Ozark Mountains. It is known for its stunning views of the surrounding mountains and valleys. The town has a population of about 2,000 people and offers a slower pace of life than larger towns or cities. A two bedroom rent in Mount Ida is $700 compared to $1,430 in the US. The grocery cost index in the town is 95 versus 100 in the US, making it an affordable place to live. Popular companies located in Mount Ida include Pine Mountain Supply Company, which specializes in outdoor recreation goods and services; Mac’s Printing & Copy Center, which provides printing services for businesses and individuals; and Carver Saw Mill Products Inc., which manufactures lumber products from local trees.
Mount Ida has an unemployment rate of 5.2%. The US average is 6.0%.
Mount Ida 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 14.8%, which is lower than the US average of 33.5%.
Tax Rates for Mount Ida
- The Sales Tax Rate for Mount Ida is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Mount Ida 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 Mount Ida
- The average income of a Mount Ida resident is $18,888 a year. The US average is $28,555 a year.
- The Median household income of a Mount Ida resident is $40,610 a year. The US average is $69,021 a year.