Shannon Hills, AR Economy


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Shannon Hills, AR is a charming small town situated close to the Arkansas River. This quaint village is home to a variety of local businesses and attractions that make it an ideal place to live. From the warm hospitality of its residents to the convenient amenities available in town, Shannon Hills offers something for everyone. The average 2 Bedroom rent in Shannon Hills is $920 compared to $1,430 in the US making it more affordable for those looking for a place to call home. It boasts a variety of restaurants like Swamp Bites BBQ and What Willie Wants Cafe as well as local stores such as Brandt’s Country Store providing all types of necessities. In addition, there are several parks and recreational areas nearby including the Arboretum at Reed Park where visitors can take in beautiful views and explore nature trails. With its friendly atmosphere and affordable cost of living, living in Shannon Hills is truly an unbeatable experience!

Shannon Hills has an unemployment rate of 3.8%. The US average is 6.0%.

Shannon Hills has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 34.3%, which is higher than the US average of 33.5%.

Tax Rates for Shannon Hills
- The Sales Tax Rate for Shannon Hills is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Shannon Hills 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 Shannon Hills
- The average income of a Shannon Hills resident is $25,209 a year. The US average is $28,555 a year.
- The Median household income of a Shannon Hills resident is $67,907 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShannon Hills, ArkansasUnited States
  3.86
  -4.5%-6.2%
  34.3%33.5%
  6.5%6.2%
  6.9%4.6%
  $26,702$37,638
  $67,907$69,021
  $81,944$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.0%6.8%
  7.3%10.0%
  4.8%2.5%
  15.1%11.0%
  10.7%4.8%
  1.2%0.8%
  0.0%1.9%
  3.0%4.7%
  0.0%1.9%
  6.5%7.6%
  0.8%0.1%
  2.7%4.2%
  13.1%9.3%
  18.4%14.0%
  0.0%2.1%
  2.6%7.0%
  3.0%4.8%
  8.8%4.7%
Reviews for Shannon Hills
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We love this little town. We just moved here from Washington state and my husband has already met the mayor. Love the small town  More

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