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Mount Ida
Mount Ida
Arkansas
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Mount Ida is a city in and county seat of Montgomery County, Arkansas, United States. Founded in 1842, the city saw a silver boom in the 1880s bring early prosperity and economic development to the area. A slowly growing small town ever since, today, the economy is largely ranching, poultry farming, silviculture, and tourism around Lake Ouachita. It is officially known as the quartz crystal capital of the U.S. and is known worldwide for its quartz deposits. The population had grown to 1,076 by the 2010 census.

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Taxes

C+

How did Arkansas earn the grade of C+? We examined the state taxes based on how age friendly they are. Arkansas has a state sales tax of 6.50%. Of particular interest is that Arkansas does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Arkansas has an effective property tax rate of 0.63%. Weighing these taxes and other taxes most likely to impact the aging population is how Arkansas earned its state tax grade of C+.

Learn more about taxes in Arkansas

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