659 Ouachita Avenue
Hot Springs, AR 71901
(501) 321-1700
info@hotspringschamber.com
 
 
 
 
 
 
 

Cost of Living  

Sales Tax
Sales tax (city, county and state) is 8.5%
There is a 3% tourism tax on lodging and restaurants within the city limits.  The state also has a 2% tax on lodging and attractions. 

Personal Property Tax
Garland
County
collects a property tax for any domicile, commercial building or industrial facility located within the county at an effective rate determined by the school district in which the property is located.  Property is assessed at 20% of market value.  A $350 homestead credit is given to area residents.

School District                        Total Mills Per Assessed Value
Cutter Morning Star                    .0398
Fountain
Lake
                            .0348
Hot Springs                                .0377
Jessieville                                  .0340
Lake
Hamilton
                            .0367
Lakeside
                                   .0358
Mountain Pine                            .0309

Utilities (Residential Rates)

Hot Springs
Municipal Utilities
Water: 2008 Rates
Within City Limits:  $4.22 per first 1,000 gallons
$2.13 per each additional 1,000 gallons
Outside City Limits:  $6.40 per first 1,000 gallons
$3.20 per each additional 1,000 gallons
Sewer: 2008 Rates
Within City Limits:  $11.45 per first 1,000 gallons
$2.67 per each additional 1,000 gallons
Outside City Limits:  $15.95 per first 1,000 gallons
$3.72 per each additional 1,000 gallons

Natural Gas – CenterPoint Energy
Gas Supply Rate average is $1.1636
$.28180 distribution rate per CU/FT (for 1-50 CU/FT)
$.10187 distribution rate per CU/FT (for 51 CU/FT and above)
Customer charge:  $9.75 per month
The rates per CU/FT change frequently, please call 800-992-7552 for more information. 

Entergy
The average electric bill using 1,000 KW/HR is estimated for 2008 to be $111 per month, excluding taxes and franchise fees.  This includes the customer charge.  Call 800-368-3749 for more information.  


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