The average Arkansan is taxed at a rate of 0.52% for property, a maximum of 6.90% for income and up to 6.50% for sales. Compared to the national averages Arkansas earns a score of good 👍 for property taxes, poor 👎 for income taxes and poor 👎 for combined local and state sales tax. Quick links to regions of Arkansas with predicted increasing and decreasing valuations.
Review the Geographical, Political and Spiritual Attributes of Arkansas
Arkansas has approximately 2,988,231 residents. A common term for people in Arkansas is "Arkansan". Within this population there are around 38,236 births and 30,395 deaths per year. Approximately 85.0% of this population speaks English exclusively. Conversely, 0.2% of this population has no verbal English skill. On average, real estate listings in Arkansas are on the market for 83 days. The Market Health Index for Arkansas is 3.33. Benton is the wealthiest of all counties in Arkansas. The least wealthy of all counties in Arkansas is Lee.
Daily state facts: According to the Quarter Pounder Index; Conway, Arkansas is the least expensive place to live in the U.S.A.
According to the Bureau of Labor Statistics, Arkansas employment in May 2022 was 1,352,098, unemployment was 42,771 or 3.2% of total jobs.