Lowell, Arkansas (72745) is a suburb located just outside of Fayetteville and is known for its small-town charm. The 2 bedroom rent in Lowell is $940, which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Lowell is 98 compared to the US average of 100. Despite the lower costs of living, Lowell has plenty to offer. For those seeking outdoor recreation, there are numerous trails that wind through the woods and nearby Lake Atalanta Trails provides an array of activities such as fishing and paddling. There are also popular companies and attractions near Lowell like Tyson Foods, Wal-Mart Supercenter, and Prairie Creek Marina.
Lowell (zip 72745) has an unemployment rate of 3.4%. The US average is 6.0%.
Lowell (zip 72745) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 46.9%, which is higher than the US average of 33.5%.
Tax Rates for Lowell (zip 72745)
- The Sales Tax Rate for Lowell (zip 72745) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Lowell (zip 72745) 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 Lowell (zip 72745)
- The average income of a Lowell (zip 72745) resident is $25,337 a year. The US average is $28,555 a year.
- The Median household income of a Lowell (zip 72745) resident is $71,118 a year. The US average is $69,021 a year.