Lewisville, AR is an excellent choice for those looking for an affordable place to live. With two bedroom rents at only $700, significantly lower than the US average of $1,430, residents of Lewisville can save a considerable amount on housing costs. The same is true for local grocery costs which are indexed at 89 versus 100 in the US. Local businesses include Lewisville Arco Oil & Gas Company, D&D Electric Motors & Supplies Inc., and Nadeau's Supermarket. All these options provide residents of Lewisville with great savings compared to other parts of America.
Lewisville has an unemployment rate of 7.3%. The US average is 6.0%.
Lewisville has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 17.7%, which is lower than the US average of 33.5%.
Tax Rates for Lewisville
- The Sales Tax Rate for Lewisville is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Lewisville 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 Lewisville
- The average income of a Lewisville resident is $14,610 a year. The US average is $28,555 a year.
- The Median household income of a Lewisville resident is $24,250 a year. The US average is $69,021 a year.