The city of Mountain Home, Arkansas is a great place to live. It has a low cost of living with 2 bedroom rent coming in at only $770 compared to the US average of $1,430. Not only that, but it also features a grocery cost index that is 95 compared to the US average of 100. This makes it easy for families to stretch their budgets further.
Mountain Home is home to many local businesses that make life better for its citizens while helping drive growth in the area. Companies like Walmart Distribution Center provide jobs for the community and contribute to economic development. The local newspaper, Baxter Bulletin, provides news for locals as well as visitors and helps keep everyone informed about what’s happening in Mountain Home. Other notable businesses include Community First Bank, Remington Outdoor Company, Cotter Corporation and more. They all serve important roles in keeping Mountain Home strong and prosperous both now and into the future.
Mountain Home (zip 72653) has an unemployment rate of 4.4%. The US average is 6.0%.
Mountain Home (zip 72653) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Mountain Home (zip 72653)
- The Sales Tax Rate for Mountain Home (zip 72653) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Mountain Home (zip 72653) 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 Mountain Home (zip 72653)
- The average income of a Mountain Home (zip 72653) resident is $23,083 a year. The US average is $28,555 a year.
- The Median household income of a Mountain Home (zip 72653) resident is $43,253 a year. The US average is $69,021 a year.