Cost of Living in Siloam Springs
Siloam Springs's cost of living runs genuinely more affordable than the wider Northwest Arkansas core documented elsewhere in this project.
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Learn moreMore affordable than the NWA core
Siloam Springs's average home value ran approximately $284,971 (up a modest 2.2% YoY), genuinely more affordable than the wider Bentonville/Rogers NWA core.
A property tax rate at or below the state median
Siloam Springs's effective property tax rate ran approximately 0.78%, at or slightly below Arkansas's statewide median (~0.81%).
A genuinely high combined sales tax
Siloam Springs's combined sales tax rate ran 9.5% (6.5% state + 2% city + 1% Benton County) -- the same rate documented for Bentonville elsewhere in this project's NWA research.
Key takeaways
- Siloam Springs's housing runs genuinely more affordable than the wider NWA core.
- Siloam Springs's property tax rate (~0.78%) sits at or below Arkansas's statewide median.
- A real, high 9.5% combined sales tax applies, consistent with the broader NWA region.
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