Siloam Springs is a medium-sized city located in the state of Arkansas. With a population of 20,075 people and five associated neighborhoods, Siloam Springs is the 27th largest community in Arkansas. Much of the housing stock in Siloam Springs was built relatively recently. The construction of new real estate can often be taken as an indication that the local Siloam Springs economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Siloam Springs, where the median household income is $72,065.00. Siloam Springs real estate is some of the most expensive in Arkansas, although Siloam Springs house values don't compare to the most expensive real estate in the U.S.Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Siloam Springs is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Siloam Springs is a city of service providers, professionals, and sales and office workers. There are especially a lot of people living in Siloam Springs who work in food service (10.41%), office and administrative support (10.19%), and sales jobs (8.25%). Also of interest is that Siloam Springs has more people living here who work in computers and math than 95% of the places in the US. One interesting thing about the economy is that relatively large numbers of people worked from their home: 7.38% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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. In terms of college education, Siloam Springs is somewhat better educated than the 21.84% who have a 4-year degree or higher in the typical US community: 27.49% of adults 25 and older in the city have at least a bachelor's degree. The per capita income in Siloam Springs in 2022 was $29,327, which is upper middle income relative to Arkansas, and lower middle income relative to the rest of the US. This equates to an annual income of $117,308 for a family of four. However, Siloam Springs contains both very wealthy and poor people as well. Siloam Springs is an extremely ethnically-diverse city. The people who call Siloam Springs home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Siloam Springs residents report their race to be White, followed by Asian. Siloam Springs also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 25.30% of the city’s residents. Important ancestries of people in Siloam Springs include English, Irish, German, Italian, and Scottish. In addition, Siloam Springs has a lot of people living here who were born outside of the US (15.20%). The most common language spoken in Siloam Springs is English. Other important languages spoken here include Spanish and Polish.
