Ulm, Arkansas is a small town located in Lonoke County. It is known for its friendly community and strong southern culture. The population of Ulm is estimated to be around 822 people. With its small-town charm, it is no surprise that many people are attracted to this area for its laid-back lifestyle.
The cost of living in Ulm, Arkansas is quite low compared to the US. The 2 bedroom rent rate in Ulm is only $660 which is much lower than the US average of $1,430. Additionally, according to the Grocery Cost Index, Ulm has a score of 90 compared to 100 in the US. This indicates that groceries are much cheaper in Ulm than other parts of America.
Ulm offers many local companies including Just Like Home Daycare and Learning Center - a great place for children's education - and D & D Automotive Repair - perfect for car repair needs. The town also features its own post office as well as other stores for your everyday needs. All these factors make Ulm an ideal place to call home while still having access to all necessary amenities at an affordable price point.
Ulm has an unemployment rate of 4.7%. The US average is 6.0%.
Ulm has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 18.4%, which is lower than the US average of 33.5%.
Tax Rates for Ulm
- The Sales Tax Rate for Ulm is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Ulm 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 Ulm
- The average income of a Ulm resident is $18,080 a year. The US average is $28,555 a year.
- The Median household income of a Ulm resident is $51,364 a year. The US average is $69,021 a year.