Bull Shoals, AR is a great place to live for those looking for a more affordable lifestyle. Rent is significantly lower than the US average, with an average 2 bedroom rent costing only $720 compared to the US average of $1,430. Grocery Cost Index in Bull Shoals is 95 versus 100 in the US, making it an even better value. The city has several local businesses that provide residents with goods and services. One such business is R & J Archery Supply, which provides archery supplies and equipment as well as bow tuning and repair services at competitive prices. Another local business, Burcham’s Sawmill Lumber Company offers custom sawing and milling services for any size lumber order. Finally, D & K Watercraft Repair provides full service repair and maintenance on boats of all sizes. Residents of Bull Shoals can be confident they will receive quality products and services provided by these local businesses.
Bull Shoals has an unemployment rate of 5.4%. The US average is 6.0%.
Bull Shoals has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.
Tax Rates for Bull Shoals
- The Sales Tax Rate for Bull Shoals is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Bull Shoals 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 Bull Shoals
- The average income of a Bull Shoals resident is $19,454 a year. The US average is $28,555 a year.
- The Median household income of a Bull Shoals resident is $41,103 a year. The US average is $69,021 a year.