Springdale, AR is a city located in Northwest Arkansas. It is known for its dynamic economy and offers many job opportunities to residents. Major employers in the area include Tyson Foods, JB Hunt Transport, and Walmart. As of 2019, Springdale had a population of 82,048 people. The cost for two bedroom rent in Springdale is $930 which is significantly lower than the US average of $1,430. Additionally, Springdale boasts a Grocery Cost Index of 98 compared to the US index of 100. Thus, living in Springdale allows you to save money on basic necessities while still enjoying great job opportunities and quality education options.
Springdale has an unemployment rate of 3.4%. The US average is 6.0%.
Springdale has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 41.6%, which is higher than the US average of 33.5%.
Tax Rates for Springdale
- The Sales Tax Rate for Springdale is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Springdale 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 Springdale
- The average income of a Springdale resident is $18,590 a year. The US average is $28,555 a year.
- The Median household income of a Springdale resident is $56,144 a year. The US average is $69,021 a year.