Fulton, Arkansas is a small town located in the southern part of the state. It has a population of less than 800 people and is known for its affordable cost of living. The average rent for a two bedroom apartment in Fulton is $600 per month, compared to the US average of $1,430. Groceries are also considerably less expensive, with an index score of 87 compared to 100 nationally.
The community has several local businesses that help make it a great place to live. Notable companies include Henderson's Nursery & Garden Center which offers landscaping services and supplies for homes and businesses, as well as Kimball's Auto Repair which specializes in automobile service and repairs. The city also boasts a vibrant art scene through its galleries such as the White River Art Gallery and the Ozark Folk Art Gallery.
Fulton has an unemployment rate of 4.0%. The US average is 6.0%.
Fulton has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 26.9%, which is lower than the US average of 33.5%.
Tax Rates for Fulton
- The Sales Tax Rate for Fulton is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Fulton 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 Fulton
- The average income of a Fulton resident is $20,654 a year. The US average is $37,638 a year.
- The Median household income of a Fulton resident is $25,750 a year. The US average is $69,021 a year.