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Oil Trough
Oil Trough
Arkansas
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Oil Trough is a town in Independence County, Arkansas, United States. The population was 260 at the 2010 census. The town is believed to have acquired its name in the early 19th century from a trough used to render bear fat, which was sold to customers in New Orleans. Oil Trough has been noted for its unusual place name. Odell Pollard, a retired attorney from Searcy and the Arkansas Republican Party chairman from 1966–1970, graduated from Oil Trough High School.

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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+.

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