Beaver, AR is a cozy small town located in Northwest Arkansas. It is home to a variety of local businesses and attractions that make it an attractive place to live. Rent for two-bedroom apartments is affordable at just $830 per month, while the US average is $1,430 per month. Grocery costs are also low in Beaver with an index of 98 compared to the US average of 100. Visitors to the area can enjoy shopping at locally owned shops like Beaver Towne Center or exploring outdoor attractions like Lake Leatherwood City Park. There are also plenty of restaurants for those looking for a delicious meal. With its affordable cost of living and abundance of local amenities, Beaver, AR offers something for everyone.
Beaver has an unemployment rate of 4.6%. The US average is 6.0%.
Beaver has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Beaver
- The Sales Tax Rate for Beaver is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Beaver 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 Beaver
- The average income of a Beaver resident is $19,218 a year. The US average is $28,555 a year.
- The Median household income of a Beaver resident is $55,208 a year. The US average is $69,021 a year.