REGIONAL INFORMATION

If you live in Northwest Arkansas, you’ll quickly realize why it’s consistently rated as one of the best places to live in America. The area is ranked well below the average cost of living, it’s one of the fastest-growing metro areas in the United States, and it also boasts low state income taxes. Northwest Arkansas offers some of the perks of a bigger city, without a lot of the hassles.

Population

(figures from 2010 census and 2021 ESRI report)

Northwest Arkansas is one of the fastest growing metro areas in the United States. Population for the region reached over 500,000 in 2014 and an average of over 30 people move into the area each day. Benton County is the second largest county in the state of Arkansas with over 280,000 residents. Rogers, Arkansas is the 6th largest city in the state.

Cost Of Living

Using an index number of 100 as the national average, the Northwest Arkansas area is ranked well below the national average cost of living at 88.9. This means that it costs 11.1% less to live in Northwest Arkansas than the average city in America.

Income

According to the Bureau of Economic Analysis of the U.S. Department of Commerce, 2020 per capita personal income for NWA was $70,085, which is 17th highest in the nation and over $8,000 above the national average. Data prepared by the Arkansas Department of Economic Development (ESRI report) estimate average household income for Rogers, Arkansas at $97,086 for 2021, with an expected increase to $107,975 by 2026 and Lowell, Arkansas at $94,188 for 2021, with an expected increase to $104,632 by 2026.

REAL ESTATE & PERSONAL PROPERTY TAX

Arkansas does not collect a state property tax. However, cities and counties collect property tax, which is the principal source of revenue for those units of government. In Benton County, assessments are made on all property, real and personal. The assessment on real estate is 20% of the true or market value. Personal property tax assessment is 20% of the usual value of such property.

LOWELL Population Characteristics |

Personal Income Tax

Arkansas traditionally ranks low in per capita state taxes. State Income Tax is based on income and levied on residents and non-residents, individuals, estates and trusts. The indexed tax tables for Arkansas Income Tax can be found here.

If you have questions about the personal income tax brackets for Arkansas, contact the Department of Finance & Administrations at 501-682-2242.

Transportation

NORTHWEST ARKANSAS NATIONAL AIRPORT (XNA)

XNA opened in November 1998, and has been growing steadily ever since with the latest announcement being of a $34 million expansion currently underway. The airport is served by six airlines including Allegiant Air, American/American Eagle, Continental Airlines, Delta Air Lines, United Airlines, U.S. Airways Express, and Frontier Airlines.

The 168,000 square-foot airport has an 8,800-foot runway equipped with the latest in instrument landing equipment. Long and short-term parking, shuttle and taxi services are available. The airport includes twenty-one passenger gates, airline ticketing, a restaurant, rental car leasing and airport management offices in its facility. A new 54,000-square-foot terminal was connected with the original 114,000-square-foot terminal in 2011. The airport now has a second runway and opened a new four-level, 1,400 space parking garage in 2018.

For more information on Northwest Arkansas National Airport, call (479) 205-1000 or visit www.FlyXNA.com.

Rogers Executive Airpo Rt Carter Field

The Rogers Executive Airport is located on the north side of the city along U.S. Highway 62. The 6,011-foot paved runway can accommodate private and corporate aircraft including jets and single/twin engine planes. The airport is home to more than 120 single, twin, turbo and jet aircraft. Aircraft maintenance, charter services and private aircraft storage facilities are available. For more information, call (479) 631-1400 or visit www.rogersar.gov/190/airport.

OZARK REGIONA L TRANSIT (ORT)

Safe,

The Good Life means an abundance of venues and amenities to enjoy. Whether you are looking for places to eat, shop, stay, relax, or play, Northwest Arkansas has it all. The area includes a variety of premium retailers, exquisite dining choices, luxurious accommodations and a booming arts and entertainment scene. With millions of dollars in development ongoing in Rogers’s Pinnacle Hills district, Uptown has become a popular destination for both residents and visitors. Downtown Rogers’s brick-lined streets are a perfect place to enjoy award-winning coffee, specialty shops, and food that has been voted among the best in the state. Discover Lowell and explore a community voted one of the safest and best places to live in America, right in the heart of Northwest Arkansas. These are just a few of the many places that offer excellent options listed in this guide. Have business in the area? The Rogers Convention Center is conveniently located adjacent to the Embassy Suites Northwest Arkansas and a walkable distance to many shops and restaurants. If you need more information on finding the perfect accommodation for your visit, contact The Rogers Lowell Chamber at (479) 636-1240 or visit www.RogersLowell.com for complete listings. To help build an itinerary for your trip, be sure to visit www.DestinationRogers.com.