U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Arkansas
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 05-19-2016, 04:51 AM
 
Location: Bella Vista, Ark
69,353 posts, read 79,526,740 times
Reputation: 38687

Advertisements

Quote:
Originally Posted by Tyryztoll View Post
I won't go on Craigslist for anything anymore. They don't police that site and let scammers run amok, even when the postings are obviously not legitimate. We stuck with legit sites like Zillow and Realtor.com the last couple times we house shopped.

Traffic was pretty light in Hot Springs last weekend. The horse track was obviously not running, which always has a big impact on how packed the town is. Last time we went they were running and the traffic was bumper to bumper up and down Central. We've been to HS several times but my wife and I have still not had a chance to walk the streets downtown. We're working on that.

Even though NWA is much more career oriented for someone like me, I would still live in Hot Springs if I could find a job that paid enough. Unfortunately, my research revealed that HS area pays one of the lowest average wages not only in Arkansas, but the entire nation.

Which is why retiring there is such a great idea, OP!
Yes, the track closed about a month ago. It closes a few weeks before the derby. Hubby is a huge follower of the races so we know about when every major track in the country runs. As for walking the streets down town, it is super fun and the downtown area is so pretty.
Reply With Quote Quick reply to this message

 
Old 05-19-2016, 04:55 AM
 
Location: Bella Vista, Ark
69,353 posts, read 79,526,740 times
Reputation: 38687
Quote:
Originally Posted by justinjj1 View Post
I lived in Hot Springs for over a year, it's a surprisingly affordable town to live. Just factor in that Arkansas state income tax is one of the highest in the country, and there is a high sales tax and they even tax groceries. You get taxed to death in Arkansas to pay for the massive amount of people on welfare in that state.

I would defopinitely prefer to live in Hot Springs rather than Arkadelphia or Malvern. Benton is a fairly wealthy suburb of Little Rock and would be much more expensive than any of the others mentioned. Mount Ida is also a nice little town that sits deeper into the Ouachitas and is more scenic than the rest.
The tax situation has been discussed here many times but it needs to be remembered, the overall cost of living in AR is one of the lowest in the country, so that offsets the higher taxes. BTW, the taxes are not just high because of the number of people living on welfare, there are a number that do live below the poverty line and do depend on our taxes to help support them. The positive thing about our higher taxes is: we do have a balanced budget. Many states and as we all know, our federal government can't say the same thing. We also have lower insurance rates, lower yearly car renewal costs etc. The government will gets us one way or the other.
Reply With Quote Quick reply to this message
 
Old 05-19-2016, 10:40 AM
 
4,749 posts, read 6,154,695 times
Reputation: 6712
Nita, aren't retirees in Arkansas exempt from the state income tax or something like that? Seems like someone has mentioned that before.
Reply With Quote Quick reply to this message
 
Old 05-19-2016, 10:50 AM
 
Location: Hot Springs Village, AR
265 posts, read 270,706 times
Reputation: 289
Also, the tax structure in Arkansas is beneficial to retirees, higher income taxes, low property taxes. We lived in Texas for 8 years before moving here and the 3x to 4x higher property taxes in Texas, plus higher fees on everything from car tags to fishing licenses makes it about a wash.
Reply With Quote Quick reply to this message
 
Old 05-19-2016, 12:56 PM
 
412 posts, read 175,893 times
Reputation: 844
I also live in Louisiana, SW region. Me and my wife are looking to relocate. Silly question....does it snow here? We are looking for a place with 4 seasons and want a change from the hot all year round weather here.
Reply With Quote Quick reply to this message
 
Old 05-19-2016, 05:36 PM
 
4,749 posts, read 6,154,695 times
Reputation: 6712
Quote:
Originally Posted by jimnelson1 View Post
Also, the tax structure in Arkansas is beneficial to retirees, higher income taxes, low property taxes. We lived in Texas for 8 years before moving here and the 3x to 4x higher property taxes in Texas, plus higher fees on everything from car tags to fishing licenses makes it about a wash.
Bear with me here, jim, but I don't quite understand your post. Are you saying it ended up being about even to live in Texas and Arkansas because of higher taxes in one case and lower in another? Or are you saying it is cheaper to live in Arkansas as far as taxes go?
Reply With Quote Quick reply to this message
 
Old 05-20-2016, 05:24 AM
 
Location: Bella Vista, Ark
69,353 posts, read 79,526,740 times
Reputation: 38687
Quote:
Originally Posted by Luvvarkansas View Post
Nita, aren't retirees in Arkansas exempt from the state income tax or something like that? Seems like someone has mentioned that before.
not totally but our SS isn't taxed plus our property taxes are frozen when we turn 65.
Reply With Quote Quick reply to this message
 
Old 05-20-2016, 01:57 PM
 
10,546 posts, read 7,504,367 times
Reputation: 16218
For those considering relocating to AR and wondering about the taxes, we found this to be an excellent resource:

Moving to Arkansas - A Tax Guide for New Residents
Reply With Quote Quick reply to this message
 
Old 05-20-2016, 11:17 PM
 
Location: Hot Springs Village, AR
265 posts, read 270,706 times
Reputation: 289
Quote:
Originally Posted by Luvvarkansas View Post
Bear with me here, jim, but I don't quite understand your post. Are you saying it ended up being about even to live in Texas and Arkansas because of higher taxes in one case and lower in another? Or are you saying it is cheaper to live in Arkansas as far as taxes go?
When you factor everything, income taxes, property taxes, licenses and fees ... It's a wash, for us anyway.
Reply With Quote Quick reply to this message
 
Old 05-21-2016, 02:49 AM
 
Location: Alamogordo, NM
5,500 posts, read 5,165,456 times
Reputation: 3277
When you factor everything, income taxes, property taxes, licenses and fees ... It's a wash, for us anyway.

This is what I was thinking about taxation in Arkansas...overall it will be awash. It sounds ta me like, overall, Arkansas is a great place economically to retire in. If one participle of cost is a titch high then another cost will be lower than it would be in Arizona, etc.


So far it still goes like this: 1) Hot Springs, AR 2) Tucson, AZ.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Arkansas
Follow City-Data.com founder on our Forum or

All times are GMT -6.

© 2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top