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Sheridan
Sheridan
Arkansas
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Sheridan is a city and county seat of Grant County, Arkansas. The community is located deep in the forests of the Arkansas Timberlands. It sits at the intersection of US Highway 270 and US Highway 167. Early settlers were drawn to the area by the native timber, which is still a very important part of Sheridan's economy, although the city has diversified into several other industries. Sheridan's history also includes a college, Missionary Baptist College, until its closure in 1934, and a series of conflicts during the Civil Rights Movement. Located at the southern end of the Little Rock-North Little Rock-Conway, AR Metropolitan Statistical Area, Sheridan has been experiencing a population boom in recent years, as indicated by a 49% growth in population between the 1990 and 2010 censuses. The population as of the 2010 census was 4,603.

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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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