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Siloam Springs
Siloam Springs
Arkansas
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Siloam Springs is a city in Benton County, Arkansas, United States. The city shares a border on the Arkansas-Oklahoma state line with the city of West Siloam Springs, Oklahoma, which is within the Cherokee Nation territory. The town was founded in 1882 and was characterized by the purported healing powers of the spring water feeding Sager Creek and trading with nearby Native American tribes. John Brown University (JBU) was founded in 1919 as a private, interdenominational, Christian liberal arts college in the city. Today, Siloam Springs is known for its efforts to preserve and revitalize the city's historic downtown and as a promoter of the arts via Sager Creek Arts Center and the JBU art gallery. The community is located on the western edge of the growing Northwest Arkansas metropolitan area and has had a population increase of 47% to 15,039 between the 2000 and 2010 censuses. In 2012, the city was named one of the 20 best small towns in America by Smithsonian magazine

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Taxes

C+

How did Arkansas earn the grade of C+? We examined the state taxes based on how age friendly they are. Arkansas has a state sales tax of 6.50%. Of particular interest is that Arkansas does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Arkansas has an effective property tax rate of 0.63%. Weighing these taxes and other taxes most likely to impact the aging population is how Arkansas earned its state tax grade of C+.

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