Bay, AR is a small city located in Arkansas that offers a quiet lifestyle for its residents. The cost of living in Bay, AR is lower than the US average, with a two bedroom rent at $800 compared to $1,430 in the US, and a Grocery Cost Index at 93 compared to 100 in the US. Local businesses include Primrose Manor restaurant and Parkview Supermarket. Residents of Bay, AR enjoy access to local shopping centers such as Anderson Plaza and easy access to Arkansas State parks for outdoors activities.
Bay has an unemployment rate of 3.9%. The US average is 6.0%.
Bay has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 40.9%, which is higher than the US average of 33.5%.
Tax Rates for Bay
- The Sales Tax Rate for Bay is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Bay 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 Bay
- The average income of a Bay resident is $17,658 a year. The US average is $28,555 a year.
- The Median household income of a Bay resident is $55,651 a year. The US average is $69,021 a year.