Everything You Need to Know About the City of Fayetteville Arkansas
In 2017, Fayetteville, AR had a population of 81.9k people with a median age of 27.1 and a median household income of $41,158. Between 2016 and 2017 the population of Fayetteville, AR grew from 80,552 to 81,889, a 1.66% increase and its median household income grew from $40,013 to $41,158, a 2.86% increase.
The population of Fayetteville, AR is 77.5% White Alone, 8% Hispanic or Latino, and 6.78% Black or African American Alone. N/A% of the people in Fayetteville, AR speak a non-English language, and 94.8% are U.S. citizens.
The largest universities in Fayetteville, AR are University of Arkansas (6,339 degrees awarded in 2017), Blue Cliff College-Fayetteville (129 degrees), and Paul Mitchell the School-Arkansas (70 degrees).
The median property value in Fayetteville, AR is $193,000, and the homeownership rate is 38.3%. Most people in Fayetteville, AR commute by Drove Alone, and the average commute time is 18.7 minutes. The average car ownership in Fayetteville, AR is 2 cars per household.
In 2017, universities in Fayetteville, AR awarded 6,538 degrees. The student population of Fayetteville, AR is skewed towards women, with 13,126 male students and 14,766 female students.
Most students graduating from Universities in Fayetteville, AR are White (5,020 and 81.3%), followed by Hispanic or Latino (451 and 7.3%), Black or African American (289 and 4.68%), and Asian (159 and 2.57%).
The largest universities in Fayetteville, AR by the number of degrees awarded are the University of Arkansas (6,339 and 97%), Blue Cliff College-Fayetteville (129 and 1.97%), and Paul Mitchell the School-Arkansas (70 and 1.07%).
The most popular majors in Fayetteville, AR are Registered Nursing (307 and 4.7%), General Finance (300 and 4.59%), and General Marketing & Marketing Management (268 and 4.1%).
The median tuition costs in Fayetteville, AR are $N/A for private four-year colleges, and $7,384 and $22,630 respectively, for public four-year colleges for in-state students and out-of-state students.
The economy of Fayetteville, AR employs 41.1k people and Fayetteville has an unemployment rate of 2.7%. Fayetteville has seen the activity job market increase by 0.7% in the course of the most recent year. Future employment development throughout the following ten years is anticipated to be 42.2%, which is higher than the US average of 33.5%. The largest industries in Fayetteville, AR are Educational Services (8,157 people), Health Care & Social Assistance (5,161 people), and Retail Trade (4,881 people), and the highest paying industries are Mining, Quarrying, & Oil & Gas Extraction ($107,000), Agriculture, Forestry, Fishing & Hunting, & Mining ($102,847), and Agriculture, Forestry, Fishing & Hunting ($63,417).
Households in Fayetteville, AR have a median annual income of $41,158, 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 $40,013 in 2016, which represents a 2.86% annual growth.
Tax Rates for Fayetteville
– The Sales Tax Rate for Fayetteville is 9.8%. The US average is 7.3%.
– The Income Tax Rate for Fayetteville 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 Fayetteville
– The average income of a Fayetteville resident is $27,266 a year.
– The Median household income of a Fayetteville resident is $37,350 a year.