Gassville, AR is a small town with a population of approximately 3000 people. It is located in Northern Arkansas and is known for its friendly atmosphere and attractive outdoor areas. The cost of living is quite low compared to many other cities in the state; for example, the average two-bedroom rent in Gassville costs only $790, while the average two bedroom rent across the US is $1,430. Additionally, the grocery cost index in Gassville is 93 compared to 100 across the US. As such, it's a great option for those looking to experience all that Arkansas has to offer without breaking their budget.
The city of Gassville offers an array of amenities including parks, churches, restaurants, a library and even a historical museum. There are several local companies in town such as Mountain Home Abstract & Title Co., Bank OZK and High Country Real Estate LLC that serve its residents with various services ranging from banking services to real estate assistance. There are also numerous organizations like Gassville Lions Club and Cruizin' on Main that strive to create a welcoming environment for all who choose to call Gassville home.
Gassville has an unemployment rate of 4.4%. The US average is 6.0%.
Gassville has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Gassville
- The Sales Tax Rate for Gassville is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Gassville 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 Gassville
- The average income of a Gassville resident is $15,625 a year. The US average is $28,555 a year.
- The Median household income of a Gassville resident is $42,241 a year. The US average is $69,021 a year.