Pike County, Arkansas is a great place to live and work. The average rent for a two-bedroom apartment is just $720, which is substantially lower than the national average of $1,430. Additionally, the grocery cost index in the county is 92 compared to the US index of 100. This means that groceries are significantly cheaper than the national average. Pike County has many great local companies such as Big Creek Logging, Sparks Logging Services LLC, and C&G Trucking LLC. All these businesses have been providing quality services to Pike county residents for several decades and remain reliable sources of employment for many locals.
Pike County has an unemployment rate of 5.0%. The US average is 6.0%.
Pike County has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 34.7%, which is higher than the US average of 33.5%.
Tax Rates for Pike County
- The Sales Tax Rate for Pike County is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Pike County 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 Pike County
- The average income of a Pike County resident is $18,695 a year. The US average is $28,555 a year.
- The Median household income of a Pike County resident is $46,672 a year. The US average is $69,021 a year.