Bryant, Maumelle, Centerton: These cities aren’t just some of the best places to live in Arkansas. They are also home to some of the richest people in the Natural State.
Bryant in particular houses the richest residents in the state thanks, in part, to a median household income of $63,448 and a ridiculously low poverty rate of 4.6%.
If you’re thinking of moving to one of these towns, you’ll probably need to start saving. The richest places in Arkansas share common characteristics such as having a genius level populous, sky high home prices, and a Pleasantville level of married couples.
After analyzing Census data from the 2010-2014 American Community Survey for the 62 places in Arkansas with more than 5,000 people, we were left with this set of the ten richest places in the Natural State:
- Bella Vista
- East End
- White Hall
For more on how we calculated the top ten, read on or skip to the end for the full list. Oh, and the poorest place in Arkansas? That would be Monticello.
How We Determined The Richest Places In Arkansas
The first thing that comes to most people’s minds when they think about determining the richest places is simply how much people earn. After all, rich people have really high salaries.
However, we don’t think that one statistic wholly encompasses what it means to be one of the “richest places”. So we looked at this set of criteria from the 2010-2014 American Community Survey:
- Poverty Level
- Median Household Income
- Unemployment Rate
Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.
After we collected the data for all 62 places with more than 5,000 people in Arkansas, we ranked each place from 1 to 62 for each of the criteria, with 1 being the richest.
We then averaged all the rankings for a place into a “Rich Score” with the place having the lowest overall Rich Score, Bryant, crowned the “Richest Place In Arkansas”.
You can learn more about the top ten below or skip to the end to see the rankings for all 62 places.
Population: 18,497Median Income: 6344800.0%
Poverty Level: 4.6%
Unemployment Rate: 3.1%
Population: 17,565Median Income: 7918200.0%
Poverty Level: 5.1%
Unemployment Rate: 4.1%
Population: 10,278Median Income: 5800700.0%
Poverty Level: 5.5%
Unemployment Rate: 3.7%
Population: 38,572Median Income: 7146100.0%
Poverty Level: 8.1%
Unemployment Rate: 5.0%
5. Bella Vista
Population: 27,273Median Income: 6250000.0%
Poverty Level: 5.9%
Unemployment Rate: 5.1%
Population: 7,756Median Income: 5594700.0%
Poverty Level: 8.7%
Unemployment Rate: 2.5%
Population: 30,061Median Income: 5830000.0%
Poverty Level: 11.2%
Unemployment Rate: 4.8%
8. East End
Population: 6,917 Median Income: 4938900.0%
Poverty Level: 4.9%
Unemployment Rate: 6.4%
9. White Hall
Population: 5,392Median Income: 6303900.0%
Poverty Level: 9.3%
Unemployment Rate: 6.8%
Population: 6,208Median Income: 5145600.0%
Poverty Level: 10.0%
Unemployment Rate: 5.7%
There You Have It – The Richest Places In Arkansas
Like we said earlier, when we set out to identify the richest places in Arkansas, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in Arkansas. When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.
If you’re curious enough, here are the poorest cities in AR, according to data:
2nd Poorest: Helena-West Helena
3rd Poorest: Osceola
For more Arkansas reading , check out:
- These Are The 10 Best Places To Live In Arkansas According To Science
- These Are The 10 Most Ghetto Cities In Arkansas
- These Are The 10 Most Redneck Cities In Arkansas
Detailed List Of Richest Places In Arkansas
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