The fourth-poorest state in the U.S. is Arkansas. Arkansas’s median household income is the third-lowest at $48,952.
Is the economy good in Arkansas?
Economic Outlook Rank
Arkansas is currently ranked 16th in the United States for its economic outlook. This is a forward-looking forecast based on the state’s standing (equal-weighted average) in 15 important state policy variables.
How does Arkansas make its money?
In 2020, the Natural State generated around $8.2 billion in agricultural cash receipts with the highest valued commodities being broilers, soybeans, and rice. That same year, the value of Arkansas’ agricultural production and processing industries represented 7.5 percent of total state GDP.
What is Arkansas known for?
Arkansas is known for its lakes, rivers, and hot springs, extreme weather and frequent storms, rice and poultry production, and the only active diamond mine in the United States.
What is the state of Arkansas worth?
August 11, 2020
According to the Tax Foundation, Arkansas has the highest relative value of $100 at $117.23. This means that the same amount of money can buy comparatively more in Arkansas than other states. The map below demonstrates purchasing power based on data from the U.S. Bureau of Economic Analysis.
Is Arkansas a good place to live?
If you desire to keep your living costs low, want affordable property taxes, and nice weather. Plus you enjoy participating in outdoor activities. And prefer that all of it is located in a setting of smaller cities and charming home towns. Then, yes Arkansas is a good state to live in.
Is Arkansas a friendly state?
Arkansas is ranked as the 49th friendliest state, according to travel website. “Arkansas is a friendly state if – and emphasis on if – you’re local.” The article said. “Visitors might feel like they don’t quite fit in and are unwelcome.”
What is cool about Arkansas?
Fun Facts
- The state flag has 25 stars on it to symbolize Arkansas becoming the 25th state.
- Arkansas is the only US State that produces diamonds.
- The state is known for its beautiful lakes, rivers, and hot springs.
- The Arkansas state musical instrument is the fiddle.
What is the culture like in Arkansas?
The culture of Arkansas is a subculture of the Southern United States that has come from blending heavy amounts of various European settlers culture with the culture of African slaves and Native Americans. Southern culture remains prominent in the rural Arkansas delta and south Arkansas.
What is the main industry in Arkansas?
Agriculture
Agriculture is Arkansas’ largest industry, adding around $16 billion to the state’s economy annually. The Natural State’s diverse landscape and climate produce a wide variety of Arkansas agricultural products. Arkansas is a major exporter of rice, soybeans, cotton, poultry and feed grains.
Is Arkansas a weird state?
In fact, it may well be the strangest state in the union. From weird events to weird places, here are twelve things that will definitely make you say “only in Arkansas.” All of these things mean, of course, that Arkansas is obviously the greatest state too, because strange and great go hand in hand.
What’s the weirdest law in Arkansas?
Absurd Arkansas Laws: Fact or Fiction?
- Fiction: It’s illegal to mispronounce the name Arkansas.
- Fiction: In Fayetteville it’s illegal to kill “any living creature.”
- Fiction: In Little Rock, men and women are not allowed to flirt in public or could face up to 30 days in jail.
- Fiction: Dogs may not bark after 6 p.m.
What is the majority race in Arkansas?
77.0% White American. 15.4% Black or African American. 0.8% American Indian and Alaska Native. 1.2% Asian American.
What rank is Arkansas in education?
Education Rankings
| Rank | State | Pre-K-12 |
|---|---|---|
| 40 | Nevada Nevada | 48 |
| 41 | Arkansas Arkansas | 38 |
| 42 | Oklahoma Oklahoma | 44 |
| 43 | Mississippi Mississippi | 43 |
What does Arkansas bring to the US?
Civilian aircraft was the primary export from Arkansas in 2011 in terms of market share, worth approximately half a billion dollars. Poultry, cotton, rice, graders, ammunition, organic chemicals, steel, and shock absorbers are also important exports from Arkansas.
What is the life expectancy in Arkansas?
76.2 years
Table 1 shows that in 2019, the life expectancy for Arkansans at birth was 76.2 years, 2.6 years behind the United States’ average of 78.81. Females tend to live longer than males, and Arkansas is no exception. The life expectancy at birth for male residents was 73.5 compared with 79 for female residents.
Is it expensive to live in Arkansas?
Compared to the rest of the country, Arkansas has a much lower cost of living. A dollar in Arkansas supports more real spending than it does in more expensive states. C2ER’s Cost of Living Index reported that Arkansas’ cost of living is approximately 14% lower than the rest of the nation.
What are the dangers of living in Arkansas?
We are a great place to live or visit, but that doesn’t mean there aren’t dangerous things in Arkansas.
Here Are The 6 Biggest Risks Living In The State Of Arkansas
- Street Crime. Flickr/Alan Cleaver.
- Theft/Home Invasion. Flickr/Cliff.
- Tornado Destruction.
- Hunting Accident.
- Vehicle Accident.
- Drowning.
What is the poorest town in Arkansas?
Trailing only Mississippi, Arkansas is the second poorest state in the country. In Helena-West Helena, Arkansas’s poorest town, over 50% of households earn less than $22,000 a year. Of the area’s 11,200 residents, 42.5% live below the poverty line, more than double the 18.1% poverty rate across the state as a whole.
Why would someone want to live in Arkansas?
Moving to Arkansas? Good move: The Natural State is one of the best places to relocate thanks to a low cost of living and a high quality of life that includes plenty of outdoor recreation, employment opportunities, a strong arts scene and more. The people who come here tend to love it and end up staying a long time.
Where is the best place to live in Arkansas?
Bentonville
Home to 40,000 people, Bentonville is the best city in Arkansas in which to live. The cost of living here is a major draw, along with low crime rates and outstanding public schools. Median home value is $174,400 which is lower than the national average.
