COST OF LIVING
Using an index number of 100 as the national average, the northwest Arkansas area is ranked well below the national average cost of living at 92.1.
INCOME
According to the Bureau of Economic Analysis of the U.S. Department of Commerce, 2008 per capita personal income for NWA was $32,537. Total earnings of persons in Benton County increased from $3.53 billion in 1998 to $7.53 billion in 2008. This is an average annual growth rate of 7.87%. Data prepared by the Arkansas Department of Economic Development (ESRI forecasts for 2011) estimate average household income for Rogers, Arkansas at $85,271 for 2011, with per capita income estimated at $30,782 for 2011. Between 2003 and 2004, growth in personal income in NWA ranked 9th in the United States according to the University of Arkansas Center of Business and Economic Research.
REAL ESTATE & PERSONAL PROPERTY TAX
Arkansas does not collect a state property tax. However, cities and counties collect property tax, which is the principal source of revenue for those units of government. In Benton County, assessments are made on all property, real and personal. The assessment on real estate is 20% of the true or market value. Personal property tax assessment is 20% of the usual value of such property.
Tax rate per $1,000 of assessed value: (2010)
ROGERS
| City of Rogers |
$4.80 |
| Benton County |
$6.90 |
| Rogers School District |
$38.40 |
| NWA Community College |
$2.60 |
| Total: |
$52.70 |
ROGERS RESIDENTS IN BENTONVILLE SCHOOL DISTRICT
| City of Rogers |
$4.80 |
| Benton County |
$6.90 |
| Rogers School District |
$43.70 |
| NWA Community College |
$2.60 |
| Total: |
$58.00 |
LOWELL
| City of Lowell |
$5.10 |
| Benton County |
$6.90 |
| Rogers School District |
$38.40 |
| NWA Community College |
$2.60 |
| Total: |
$53.00 |
** Tax information is subject to change. For the most accurate information, call the Benton County Assessor’s Office, 479-271-1037
INCOME TAX
Arkansas traditionally ranks low in per capita state taxes. State Income Tax is based on income and levied on residents and non-residents, individuals, estates and trusts. The indexed tax tables are based on the following brackets:
| At Least |
Not More Than |
Tax Rate |
| $0 |
$3,899 |
1% |
| $3,900 |
$7,799 |
2.5% minus $58.49 |
| $7,800 |
$11,799 |
3.5% minus $136.48 |
| $11,800 |
$19,599 |
4.5% minus $254.47 |
| $19,600 |
$32,699 |
6.0% minus $548.45 |
| $32,700 |
and over |
7.0% minus $875.44 |
UTILITIES
Depending on where you will be living or operating your business in Rogers and Lowell, a listing of utilities and their websites are included below.
WATER SERVICE
Rogers Water Utilities
601 S. Second St.
Rogers, AR 72756
(479) 621-1142
Springdale Water Utilities
526 Oak Avenue
Springdale, AR 72764
(479) 751-5751
(479) 756-3657 (after hours)
ELECTRIC SERVICE
Carroll Electric
AEP/SWEPCO
Electric Service Rate Chart
SOLID WASTE
City of Rogers
The City of Rogers contracts with Inland Services Corporation to provide solid waste disposal for residential customers. Inland Services Corporation provides weekly curbside pick-up and recycling services.
City of Lowell
The city of Lowell contracts with Deffenbaugh to provide solid waste disposal for residential customers. Deffenbaugh provides weekly curbside pick-up and recycling services.
NATURAL GAS SERVICE
SourceGas Arkansas Inc.
Natural Gas Rate Chart