Everything You Need to Know About the City of Conway Arkansas

In 2017, Conway, AR had a population of 64.5k people with a median age of 28.6 and a median household income of $46,741. Somewhere in the range of 2016 and 2017 the number of inhabitants in Conway, AR grew from 64,184 to 64,481, a 0.463% increase and its median household income declined from $47,190 to $46,741, a – 0.951% abatement.

The number of inhabitants in Conway, AR is 73.3% White Alone, 16.6% Black or African American Alone, and 4.79% Hispanic or Latino. N/A% of the people in Conway, AR communicate in a non-English language, and 96.4% are U.S. residents.

The largest universities in Conway, AR are University of Central Arkansas (2,504 degrees granted in 2017), Hendrix College (367 degrees), and Central Baptist College (158 degrees).

The median property estimation in Conway, AR is $163,500, and the homeownership rate is 48.7%. A great many people in Conway, AR drive-by Drove Alone, and the average drive time is 19.3 minutes. The average vehicle possession in Conway, AR is 2 autos per household.

 

Education in Conway

In 2017, universities in Conway, AR granted 3,059 degrees. The understudy population of Conway, AR is slanted towards ladies, with 5,440 male students and 7,974 female students.

Most students graduating from Universities in Conway, AR are White (2,268 and 77%), followed by Black or African American (392 and 13.3%), Hispanic or Latino (110 and 3.73%), and Two or More Races (71 and 2.41%).

The largest universities in Conway, AR by the number of degrees awarded are the University of Central Arkansas (2,504 and 81.9%), Hendrix College (367 and 12%), and Central Baptist College (158 and 5.17%).

The most popular majors in Conway, AR are General Psychology (171 and 5.59%), General Biological Sciences (137 and 4.48%), and Registered Nursing (125 and 4.09%).

The median tuition costs in Conway, AR are $28,985 for private four-year colleges, and $6,523 and $13,046 respectively, for public four-year colleges for in-state students and out-of-state students.

 

Economy in Conway

The economy of Conway, AR employs 31.9k people and Conway has an unemployment rate of 3.2%. Conway has seen the activity advertise increase by 0.0% throughout the most recent year. Future employment development throughout the following ten years is anticipated to be 32.6%, which is lower than the US average of 33.5%. The largest industries in Conway, AR are Retail Trade (4,456 people), Educational Services (4,376 people), and Health Care and Social Assistance (4,340 people), and the highest paying industries are Mining, Quarrying, & Oil & Gas Extraction ($72,661), Utilities ($61,125), and Agriculture, Forestry, Fishing & Hunting, & Mining ($55,083).

Households in Conway, AR have a median annual income of $46,741, which is less than the median annual income of $61,937 across the entire United States. This is in comparison to a median income of $47,190 in 2016, which represents a -0.951% annual growth.

 

Tax Rates for Conway

– The Sales Tax Rate for Conway is 8.8%. The US average is 7.3%.
– The Income Tax Rate for Conway is 6.9%. The US average is 4.6%.
– Tax Rates can have a big impact when Comparing the Cost of Living.

 

Income and Salaries for Conway

– The average income of a Conway resident is $24,785 a year.
– The Median household income of a Conway resident is $47,126 a year.