Fayetteville-Springdale-Rogers, AR Metro Area is an attractive option for those looking to move to the region. This area offers lower-than-average rent costs on two bedroom homes, currently at $930, and low grocery costs with an index of 96 compared to the national average of 100. Major companies in the area include Tyson Foods, Walmart, JB Hunt Transport Services and Arvest Bank. The city is also home to several universities and colleges like University of Arkansas Fayetteville and Northwest Arkansas Community College. With a relatively low cost of living and plenty of employment opportunities, this metropolitan area in Arkansas provides a great quality of life for its residents.
Fayetteville-Springdale-Rogers Metro Area has an unemployment rate of 3.5%. The US average is 6.0%.
Fayetteville-Springdale-Rogers Metro Area has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 44.0%, which is higher than the US average of 33.5%.
Tax Rates for Fayetteville-Springdale-Rogers Metro Area
- The Sales Tax Rate for Fayetteville-Springdale-Rogers Metro Area is 9.2%. The US average is 7.3%.
- The Income Tax Rate for Fayetteville-Springdale-Rogers Metro Area 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 Fayetteville-Springdale-Rogers Metro Area
- The average income of a Fayetteville-Springdale-Rogers Metro Area resident is $25,291 a year. The US average is $28,555 a year.
- The Median household income of a Fayetteville-Springdale-Rogers Metro Area resident is $66,565 a year. The US average is $69,021 a year.