Is Arkansas A Wealthy State?

Louisiana public schools are considered to be among the worst in the U.S. The fourth-poorest state in the U.S. is Arkansas. Arkansas’s median household income is the third-lowest at $48,952.

Is Arkansas a rich country?

The report ranks Arkansas the third poorest state in the country. With a median household income of $44,334, Arkansas is one of only three states in the country where more than half of all households earn less than $45,000 a year.

Does Arkansas have a good economy?

According to WalletHub’s 2019 Best & Worst State Economies study, Arkansas ranked poorly in GDP growth, exports per capita, annual median household income, and unemployment rate.

What is the main economy of 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.

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How do people in Arkansas make money?

The leading service industries of Arkansas are the wholesale (automobiles, farm products, mined products) and retail (department stores, discount stores, food stores) services group.

What city in Arkansas has the most millionaires?

This is the City in Arkansas With the Most Billionaires

City with the most billionaires: Number of billionaires: Total billionaire net worth:
Arkansas: Bentonville 2 $124.6 billion
California: San Francisco 41 $173.8 billion
Colorado: Denver 4 $23.5 billion
Connecticut: Greenwich 11 $47.2 billion

What is the wealthiest city in Arkansas?

Wealthiest City in Arkansas: Cave Springs

  • Number of households: 1,421.
  • Median household income: $134,740.

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.

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 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 Arkansas main occupation?

Agriculture is one of the leading industries in the state of Arkansas and contributes approximately $16 billion every year in the economy of the state.

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What is the biggest company in Arkansas?

Walmart
Detailed List Of The 100 Biggest Companies In Arkansas

Rank Company Employees
1 Walmart 2,200,000
2 Tyson Foods 122,000
3 Tyson Chicken 122,000
4 Dillard’s 40,000

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 percent of Arkansas is black?

15.4%
According to the 2010 United States Census, Arkansas had a population of 2,915,918. The racial composition of the population was: 77.0% White American. 15.4% Black or African American.

What is a livable salary in Arkansas?

Living Wage Calculation for Arkansas

1 ADULT 2 ADULTS (BOTH WORKING)
0 Children 3 Children
Living Wage $15.55 $25.14
Poverty Wage $6.19 $7.46
Minimum Wage $11.00 $11.00

What is the best paying job in Arkansas?

Top 25 Highest-Paying Jobs in Arkansas

OCCUPATION AVERAGE SALARY
1. Internists, General $266,980
2. Surgeons $260,950
3. Orthodontists $259,010
4. Obstetricians & Gynecologists $244,290

Do any billionaires live in Arkansas?

Billionaires are ranked by net worth as of March 31. Forbes lists 5 billionaires in Arkansas.

What is considered rich in Arkansas?

In Arkansas, it requires a personal net worth of at least $1,430,149 to be among the top 1 percent in the state, according to Windfall.

Who is the wealthiest person in Arkansas?

Richest billionaires in Arkansas

  • #5. Warren Stephens. – Net worth: $2.9 billion (#1,069 wealthiest in the world)
  • #4. John Tyson. – Net worth: $3.0 billion (#1,039 wealthiest in the world)
  • #3. Johnelle Hunt.
  • #2. Rob Walton.
  • #1. Jim Walton.
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How many millionaires are there in Arkansas?

This is a list of U.S. states and federal district by the number of households with more than $1 million in investable assets as of 2020 (data for the year 2019).
List.

Rank 34
State Arkansas
Number of millionaire households 51,532
Share of millionaire households 4.33%

What percentage of Arkansas are millionaires?

Referenced Symbols

Rank State $1mm+ investable assets
46 Alabama 87,849
47 Idaho 28,928
48 Kentucky 77,671
49 Arkansas 45,985