Business and Economy in Fayetteville, AR
Being a great place to live also means being a great place to work. A thriving economy helps the tax base (so there’s more money for city improvements) and helps a city attract and retain talent. The median household income in Fayetteville, AR, is $39,432, and check out the following articles to get an inside look at its key industries and job opportunities.
Local companies evolve by implementing cutting-edge technologies
Major communications firms install high-speed fiber
Innovative practices keep Fayetteville’s workforce happy
New downtown district supports creative culture.
Several deal in worldwide market
Strong workforce leads to diverse, creative economy
Roads, air, rail, utilities help economy move forward
An inclusive and welcoming environment enhances Fayetteville's quality of life.
New initiative combines tradition with innovation
Variety of business sectors propel region's economy
While employment opportunities often play a big part in why people move, a city’s unemployment rate also is a major indicator of an economy’s overall health. Regardless of whether personal employment is a factor, lower unemployment rates often mean a region is better able to attract and retain skilled workers, new industries and retailers. The statistics, here, should provide valuable insight into the health and diversity of Fayetteville’s economy.
Employment Rate in Washington County, AR
Occupations in Fayetteville, AR
Employment in Fayetteville, AR
|Employment Armed Forces||0%|
|Employment Civilian Labor Force||64.9%|
|Employment Not in Labor Force||35.1%|
|Employment Total in Labor Force||64.9%|
Industry in Fayetteville, AR
|Agriculture, Forestry, Fishing and Hunting and Mining||0.6%|
|Transportation and Warehousing, and Utilities||3.7%|
|Finance and Insurance, and Real Estate and Rental and Leasing||4.8%|
|Professional, Scientific and Management and Administrative and Waste||10.5%|
|Educational Services and Health Care and Social Assistance||31.3%|
|Arts, Entertainment and recreation and Accommodation and food Services||14.3%|
|Other Services, Except Public Administration||4.6%|