Bellefonte, Arkansas is a small city located in the Ozark Mountains. Its population is approximately 1,000 people and is considered one of the best places to live in Arkansas. With 2 bedroom rent being around $720 per month, it is significantly lower than the US average of $1,430 per month. Additionally, grocery cost index in Bellefonte is 94 versus 100 in the US making it an affordable place to live. There are several local businesses that make Bellefonte great such as Boutique on Main Street which offers unique clothing and accessories; Bellefonte Food Mart known for its wide selection of groceries and fresh produce; and the Trailhead Bicycle shop offering a variety of bicycles for sale and repair services. These businesses make up the vibrant community that make Bellefonte an enjoyable place to live.
Bellefonte has an unemployment rate of 3.8%. The US average is 6.0%.
Bellefonte has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 26.0%, which is lower than the US average of 33.5%.
Tax Rates for Bellefonte
- The Sales Tax Rate for Bellefonte is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Bellefonte 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 Bellefonte
- The average income of a Bellefonte resident is $20,663 a year. The US average is $28,555 a year.
- The Median household income of a Bellefonte resident is $52,045 a year. The US average is $69,021 a year.