Fairfield Bay, AR is a small city located in Van Buren County. It has a population of around 3,000 people and is known for its scenic views and outdoor recreational activities. The average two-bedroom rent in Fairfield Bay is $730 per month, which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Fairfield Bay is 92 versus 100 in the United States, making it an attractive option for those looking to save on living costs. This small city offers residents various amenities including local restaurants such as Pizza Palace and Hank’s Diner as well as popular stores like Walmart Supercenter and Dollar Tree. Overall, Fairfield Bay offers an affordable cost of living with plenty of recreational opportunities.
Fairfield Bay has an unemployment rate of 6.1%. The US average is 6.0%.
Fairfield Bay has seen the job market decrease by -1.9% over the last year. Future job growth over the next ten years is predicted to be 10.7%, which is lower than the US average of 33.5%.
Tax Rates for Fairfield Bay
- The Sales Tax Rate for Fairfield Bay is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Fairfield Bay 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 Fairfield Bay
- The average income of a Fairfield Bay resident is $19,868 a year. The US average is $28,555 a year.
- The Median household income of a Fairfield Bay resident is $47,794 a year. The US average is $69,021 a year.