Benton County · Arkansas · South · 19k residents
Siloam Springs, AR: economy, jobs & business costs
The site-selection read on Siloam Springs: labor costs, talent, corporate tax, energy, and business activity, with the Arkansas median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,749/wk. Arkansas's corporate income tax rate is 4.3%. Commercial electricity averages 10.2¢/kWh.
Compare Siloam Springs side by side
Avg. weekly wage
$1,749/wk
Corporate income tax
4.3%
Bachelor's degree or higher
27.5%
Commercial electricity
10.2¢/kWh
Economic momentum
How fast Siloam Springs's economy is moving, ranked against the US cities we track.
71/100
Heating
Ranks Siloam Springs's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $221,700 |
| Price per sq. ft. | $135 |
| Property tax rate | 0.62% |
| 1-bedroom rent | $746/mo |
| 2-bedroom rent | $946/mo |
| State & local income tax | 4.01% |
| Sales tax | 9.45% |
| Corporate income tax | 4.3% |
| Avg. weekly wage | $1,749/wk |
| Bachelor's degree or higher | 27.5% |
| Commercial electricity | 10.2¢/kWh |
| Businesses per 1k residents | 28.5/1k |
| Wage: Software developer | $105,130 |
| Wage: Registered nurse | $77,910 |
| Wage: General manager | $81,800 |
| Wage: Customer service | $39,510 |
| Wage: Warehouse worker | $35,040 |
| Wage: Heavy truck driver | $60,480 |
| Wage: Electrician | $49,230 |
| Wage: Retail salesperson | $30,300 |
| Cost of living index | 79 |
| Groceries index | 95 |
| Utilities | $155/mo |
| Transit pass | $40/mo |
| Gas price | $2.90/gal |
| Healthcare index | 90 |
| Childcare (per child) | $750/mo |
| Median household income | $72,065 |
| Unemployment rate | 3.4% |
| Population | 19k |
| Crime index | 68/100 |
| School rating | 4.5/10 |
| Walkability | 30/100 |
| Disaster risk | 89/100 |
| Avg. commute | 22 min |
| Sunny days / year | 217 days |
| July high | 91°F |
| January low | 28°F |
| Annual snowfall | — |
| Home price YoY | +2.3% |
| Home price MoM | -0.1% |
| Rent YoY | +2.5% |
| Rent MoM | +1.0% |
| Employment (jobs) YoY | +4.5% |
| Building permits YoY | -19.6% |
| Ocean coast | 437 mi |
| Big lake | 36 mi |
| Mountains | 63 mi |
| Major airport | 14 mi |
| Ski resort | 267 mi |
Popular comparisons
Nearby
- Centerton, AR · 22k
- Springdale, AR · 88k
- Bentonville, AR · 58k
- Fayetteville, AR · 99k
- Bella Vista, AR · 32k
Similar size
- Maumelle, AR · 19k
- El Dorado, AR · 17k
- Hot Springs Village, AR · 16k
- Bryant, AR · 22k
- Searcy, AR · 23k
Real listings in Siloam Springs
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Siloam Springs a good place to run a business?
- Arkansas's corporate income tax rate is 4.3%; average weekly wages in the surrounding labor market run $1,749/wk; commercial electricity averages 10.2¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Siloam Springs, AR?
- Siloam Springs indexes at 79 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $946/mo and a acs median home value of $221,700.
- How much does a house cost in Siloam Springs?
- The acs median home value in Siloam Springs is $221,700 (Census ACS estimate; individual listings vary).
- How much is rent in Siloam Springs?
- A two-bedroom in Siloam Springs rents for about $946/mo.