Washington County · Arkansas · South · 99k residents
Fayetteville, AR: economy, jobs & business costs
The site-selection read on Fayetteville: labor costs, talent, corporate tax, energy, and business activity, with the Arkansas median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: Curated city row; coverage varies by fact.
Average weekly wages in the surrounding labor market run $1,174/wk. Arkansas's corporate income tax rate is 4.3%. Commercial electricity averages 10.2¢/kWh.
Compare Fayetteville side by side
Avg. weekly wage
$1,174/wk
Corporate income tax
4.3%
Bachelor's degree or higher
49%
Commercial electricity
10.2¢/kWh
Economic momentum
How fast Fayetteville's economy is moving, ranked against the US cities we track.
55/100
Steady
Ranks Fayetteville's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| Median home value | $350,000 |
| Price per sq. ft. | $210 |
| Property tax rate | 0.6% |
| 1-bedroom rent | $1,100/mo |
| 2-bedroom rent | $1,350/mo |
| State & local income tax | 4.01% |
| Sales tax | 9.75% |
| Corporate income tax | 4.3% |
| Avg. weekly wage | $1,174/wk |
| Bachelor's degree or higher | 49% |
| Commercial electricity | 10.2¢/kWh |
| Businesses per 1k residents | 27.9/1k |
| Wage: Software developer | $105,130 |
| Wage: Registered nurse | $77,910 |
| Wage: General manager | $81,800 |
| Wage: Customer service | $39,510 |
| Wage: Warehouse worker | $35,040 |
| Wage: Heavy truck driver | $60,480 |
| Wage: Electrician | $49,230 |
| Wage: Retail salesperson | $30,300 |
| Cost of living index | 91 |
| Groceries index | 95 |
| Utilities | $145/mo |
| Transit pass | $0/mo |
| Gas price | $2.90/gal |
| Healthcare index | 93 |
| Childcare (per child) | $1,000/mo |
| Median household income | $60,000 |
| Unemployment rate | 2.9% |
| Population | 99k |
| Crime index | 42/100 |
| School rating | 7.0/10 |
| Walkability | 35/100 |
| Disaster risk | 92/100 |
| Avg. commute | 19 min |
| Sunny days / year | 217 days |
| July high | 89°F |
| January low | 25°F |
| Annual snowfall | 7 in |
| Home price YoY | +4.2% |
| Home price MoM | +0.2% |
| Rent YoY | +1.4% |
| Rent MoM | -0.2% |
| Employment (jobs) YoY | +1.1% |
| Building permits YoY | -29.8% |
| Ocean coast | 427 mi |
| Big lake | 56 mi |
| Mountains | 40 mi |
| Major airport | 18 mi |
| Ski resort | 257 mi |
Popular comparisons
Nearby
- Springdale, AR · 88k
- Rogers, AR · 73k
- Bentonville, AR · 58k
- Siloam Springs, AR · 19k
- Centerton, AR · 22k
Similar size
- Fort Smith, AR · 90k
- Jonesboro, AR · 80k
- Conway, AR · 68k
- North Little Rock, AR · 65k
- Pine Bluff, AR · 40k
Real listings in Fayetteville
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Fayetteville a good place to run a business?
- Arkansas's corporate income tax rate is 4.3%; average weekly wages in the surrounding labor market run $1,174/wk; commercial electricity averages 10.2¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Fayetteville, AR?
- Fayetteville indexes at 91 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,350/mo and a median home value of $350,000.
- How much does a house cost in Fayetteville?
- The median home value in Fayetteville is $350,000 (compiled estimate; individual listings vary).
- How much is rent in Fayetteville?
- A two-bedroom in Fayetteville rents for about $1,350/mo.