Green Forest, AR is nestled in the Ozark Mountains, providing its residents with beautiful views and plenty of outdoor activities such as camping, hiking, and fishing. The city also offers a low cost of living when compared to the US average. 2 bedroom rent in Green Forest is $740 versus an average of $1,430 in the US. Grocery Cost Index in Green Forest is 93 compared to 100 for the entire country. Local companies include Walmart Supercenters, Hastings Manufacturing Company and M&M Industries. There are a variety of businesses located throughout the city including restaurants, convenience stores, banks and medical facilities. For tourists visiting the area there are plenty of attractions to explore such as Lake Leatherwood City Park which offers camping sites along with nature trails and water sports activities like kayaking and paddle boarding. Other fun activities include exploring local art galleries, caves or visiting one of the many wineries located nearby.
Green Forest has an unemployment rate of 4.6%. The US average is 6.0%.
Green Forest has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Green Forest
- The Sales Tax Rate for Green Forest is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Green Forest 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 Green Forest
- The average income of a Green Forest resident is $16,897 a year. The US average is $28,555 a year.
- The Median household income of a Green Forest resident is $41,500 a year. The US average is $69,021 a year.