Fayetteville is a relatively large city located in the state of Arkansas. With a population of 103,134 people and 24 associated neighborhoods, Fayetteville is the second largest community in Arkansas. There's nothing like the smell of a brand new house, and in Fayetteville, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Fayetteville, and putting down their money on brand new construction. Fayetteville’s real estate is, on average, some of the newest in the nation. Fayetteville does seem to be experiencing an influx of affluent people, because the median household income is $62,695.00.
Fayetteville real estate is some of the most expensive in Arkansas, although Fayetteville house values don't compare to the most expensive real estate in the U.S.
Also of interest is that Fayetteville has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 14.94% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Fayetteville is a nice balance between life in a moderately big city and the interesting diversions and culture that come from having a big college student population. The thousands of students who arrive on campus every fall will find that Fayetteville has plenty of amenities and opportunities for them, while residents of Fayetteville enjoy the lectures, music, art, and economic trickle-down that colleges typically provide. "Town and Gown" complement each other in Fayetteville.
Not only is Fayetteville a city with many college students, but it also retains many recent graduates who are looking to start new careers, creating a decent-sized population of people who are young, single, educated, and upwardly-mobile. This makes it a good choice for other relocating single professionals. Here, these young singles will find many others like themselves, with opportunities for friendships, socializing, romance, and fun.
The education level of Fayetteville ranks among the highest in the nation. Of the 25-and-older adult population in Fayetteville, 48.96% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in Fayetteville in 2022 was $39,241, which is wealthy relative to Arkansas, and upper middle income relative to the rest of the US. This equates to an annual income of $156,964 for a family of four. However, Fayetteville contains both very wealthy and poor people as well.
Fayetteville is a very ethnically-diverse city. The people who call Fayetteville home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Fayetteville residents report their race to be White, followed by Black or African-American. Important ancestries of people in Fayetteville include English, German, Irish, Italian, and Scottish.
The most common language spoken in Fayetteville is English. Other important languages spoken here include Spanish and French.