- According to CNBC, Arkansas currently ranks as the 35th best state for business, with the 10th-lowest cost of doing business, 8th-lowest cost of living, 41st best workforce, 29th-best economic climate, 41st-best educated workforce, 41st-best infrastructure and the 32nd-friendliest regulatory environment.
Moreover, What is the unemployment rate in Northwest Arkansas? Northwest Arkansas created 25,800 net new jobs over 2015-2020. The unemployment rate for Northwest Arkansas in 2020 was 4.5%, an increase of 1.9 percentage points from 2019 due to the COVID-19 pandemic.
What is a good salary in Arkansas?
$21.65 is the 25th percentile. Wages below this are outliers. $43.74 is the 90th percentile. Wages above this are outliers.
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What are Top 10 Highest Paying Cities for Average Jobs in Arkansas.
| City | Fort Smith |
|---|---|
| Annual Salary | $55,715 |
| Monthly Pay | $4,643 |
| Weekly Pay | $1,071 |
| Hourly Wage | $26.79 |
Likewise, Who is the largest employer in Arkansas? Detailed List Of The 100 Biggest Companies In Arkansas
| Rank | Company | Employees |
|---|---|---|
| 1 | Walmart | 2,200,000 |
| 2 | Tyson Foods | 122,000 |
| 3 | Tyson Chicken | 122,000 |
| 4 | Dillard’s | 40,000 |
• Jun 7, 2021
What are the top 5 highest paying jobs in Arkansas? Top 25 Highest-Paying Jobs in Arkansas
- Internists, General. $266,980.
- Surgeons. $260,950.
- Orthodontists. $259,010.
- Obstetricians & Gynecologists. $244,290.
- Anesthesiologists. $219,640.
- Family & General Practitioners. $212,480.
- Podiatrists. $190,710.
- Pediatricians, General. $188,140.
Is Bentonville Arkansas rich?
This popular vacation town had a per capita income of $32,542 in 2015. For many, Bentonville is the first town that comes to mind when one thinks about ‘wealthy Arkansas’. The home base of Walmart had a per capita income of $33,447 in 2013, making Bentonville a worthy contender for richest town in the state.
What is the economy in Bentonville Arkansas?
The US average is 7.3%. – The Income Tax Rate for Bentonville is 6.9%. The US average is 4.6%.
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Income and Salaries for Bentonville.
| ECONOMY | Bentonville, Arkansas | United States |
|---|---|---|
| Unemployment Rate | 2.9% | 6.0% |
| Recent Job Growth | -1.3% | -6.2% |
| Future Job Growth | 52.2% | 33.5% |
| Sales Taxes | 9.5% | 6.2% |
Why should I move to Fayetteville Arkansas?
Nestled in the Ozark Mountains, Fayetteville attracts outdoorsy types with its abundance of state parks, acres of community green space, playgrounds, parks and walking trails. The metro area also boasts a first-class performing arts center, an active local food movement, live music venues and a dynamic festival scene.
What is Fayetteville AR known for?
Fayetteville has long been known for its innovative spirit, as an academic center, as the “Athens of the Ozarks”, and as a “hilly area” known for the 7 hills around and within it.
Is Fayetteville AR in Tornado Alley?
Is there a “Tornado Alley” in Arkansas? A. Yes. Since 1950, counties with 35 or more tornadoes are mostly clustered along Interstate 30 and U.S. Highway 67/167.
What is life like in Fayetteville Arkansas?
Fayetteville is a town in Arkansas with a population of 86,622. Fayetteville is in Washington County and is one of the best places to live in Arkansas. Living in Fayetteville offers residents a dense suburban feel and most residents rent their homes. In Fayetteville there are a lot of bars, coffee shops, and parks.
What’s it like living in Fayetteville?
Fayetteville is known to be a very affordable area when it comes to real estate. In fact, it is one of the most buyer-friendly places and markets in the entire United States. The housing in Fayetteville was ranked as the countries third most affordable housing market.
What is it like to live in Fayetteville?
Living in Fayetteville offers residents a dense suburban feel and most residents rent their homes. In Fayetteville there are a lot of bars, coffee shops, and parks. Many young professionals live in Fayetteville and residents tend to lean conservative. The public schools in Fayetteville are highly rated.
What’s the best place to live in Arkansas?
Here are some of the best places to live in Arkansas.
- Fayetteville. Home to the University of Arkansas, Fayetteville is on the outskirts of the Boston Mountains and serves as the regional hub of Northwest Arkansas. …
- Little Rock. …
- Fort Smith. …
- Jonesboro. …
- Rogers. …
- Bentonville. …
- Hot Springs. …
- Texarkana.
What should I know before moving to Northwest Arkansas?
4 Things You Should Know Before Moving to Northwest Arkansas
- The local airport, Northwest Arkansas Regional Airport (XNA), is expensive. …
- The job market is not diverse. …
- Northwest Arkansas is home to an aggressive tick population. …
- Dating may be difficult in Northwest Arkansas.
How much do you need to make to live in Fayetteville AR?
Typical Expenses
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 1 Child | |
| Required annual income after taxes | $25,765 | $48,825 |
| Annual taxes | $6,381 | $12,092 |
| Required annual income before taxes | $32,145 | $60,917 |
What’s it like to live in Fayetteville AR?
Living in Fayetteville offers residents a dense suburban feel and most residents rent their homes. In Fayetteville there are a lot of bars, coffee shops, and parks. Many young professionals live in Fayetteville and residents tend to lean conservative. The public schools in Fayetteville are highly rated.
How much are utilities per month in Fayetteville AR?
Cost of Living in Fayetteville
| Restaurants | Edit |
|---|---|
| Utilities (Monthly) | Edit |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 166.05$ |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 0.05$ |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 56.25$ |
What is the average cost of living in Arkansas?
A cost of living index above 100 means Arkansas, Arkansas is more expensive.
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Arkansas cost of living is 79.0.
| COST OF LIVING | Arkansas | United States |
|---|---|---|
| Grocery | 92.7 | 100 |
| Health | 86.5 | 100 |
| Housing | 55.7 | 100 |
| Median Home Cost | $145,300 | $291,700 |
How much are utilities Fayetteville?
Fayetteville cost of living is 80.9
| COST OF LIVING | Fayetteville | North Carolina |
|---|---|---|
| Housing | 44.8 | 81 |
| Median Home Cost | $150,500 | $242,300 |
| Utilities | 98.4 | 99.2 |
| Transportation | 77.1 | 83.9 |
What are the pros and cons of living in Arkansas?
Pros & Cons of Living in Arkansas
| Pros of living in Arkansas | Cons of living in Arkansas |
|---|---|
| You’ll enjoy both small-town charm and a bigger city vibe | A large part of the state is rural and poverty is still a problem |
| Manners are key ways of life in Arkansas | You’ll have to put up with big mosquitoes in Arkansas |
Is Fayetteville Ar growing?
According to the Census Bureau, Northwest Arkansas added 11,143 people from 2020 to 2021 and grew to a population of 560,709. Jebaraj said the area was the 105th largest in 2020. He attributed most of the growth to in-migration.
What is the fastest growing city in Arkansas?
Bentonville was ranked the fastest-growing city in Arkansas and the 28th fastest-growing city nationwide according to new census data. Northwest Arkansas cities remain the fastest-growing in the state, according to new population estimates.
Why are so many people moving to Northwest Arkansas?
Entertainment. The population of our small metro area has grown over the years, and as it has grown, so have the opportunities for fun. There is no shortage of entertainment options in NWA in 2021. From arts, to music, to sporting events and more, there is something for everyone to enjoy.
