Oakhaven, AR is a small town located in the heart of Arkansas that offers a comfortable and affordable lifestyle for families looking to settle down. The average 2 bedroom rent is only $680 per month, making it much more affordable than the US average at $1,430. Additionally, the grocery cost index in Oakhaven is 90 versus 100 in the US, giving residents even more bang for their buck. The town also has a few local companies such as Arby's and Goodyear Tire Center that offer quality services to its residents. For those looking for something to do outside of work or school, there are plenty of activities available such as visiting the Tanners Woods Nature Preserve or attending live performances at The Theatre at Oaklawn Park. In summary, Oakhaven offers an affordable lifestyle with plenty of activities to choose from.
Oakhaven has an unemployment rate of 4.0%. The US average is 6.0%.
Oakhaven has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 26.9%, which is lower than the US average of 33.5%.
Tax Rates for Oakhaven
- The Sales Tax Rate for Oakhaven is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Oakhaven 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 Oakhaven
- The average income of a Oakhaven resident is $17,563 a year. The US average is $28,555 a year.
- The Median household income of a Oakhaven resident is $78,750 a year. The US average is $69,021 a year.