Arkansas is among the nation’s poorest states, according to a new report by 24/7 Wall St. The report was released last week by 24/7 Wall St., a Delaware corporation which runs a financial news and opinion company. The report ranks Arkansas the third poorest state in the country.
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Is Arkansas a wealthy state?
Arkansas is the 48th richest state in the United States of America, with a per capita income of $16,904 (2000).
Does Arkansas have a good economy?
According to CNBC, Arkansas currently ranks as the 35th best state for business, with the 10th-lowest cost of doing business, 8th-lowest cost of living, 41st best workforce, 29th-best economic climate, 41st-best educated workforce, 41st-best infrastructure and the 32nd-friendliest regulatory environment.
What is the richest city in Arkansas?
In Arkansas, Bentonville is home to more billionaires than any other city. A total of two billionaires live in Bentonville with a combined net worth of $124.6 billion. Of Bentonville residents with a minimum 10-figure net worth, Jim Walton is the wealthiest, worth an estimated $62.4 billion.
Is Arkansas a good state to live in?
Arkansas is a good place to live especially if you prefer to live close to the vast American wilderness. Given the natural beauty of the state and that the cost of living is low across most of the state; there are scores of great areas to live in Arkansas.
What is poorest county in Arkansas?
Phillips County
Arkansas: Phillips County
The poorest county in the state and one of the poorest in the country, Phillips’ median household income of $26,652 a year is well below both the state median annual household income of $43,813 and the national median of $57,652.
Which state in USA is the richest?
This Is the Richest State in the U.S., According to Data
- New Hampshire.
- Washington.
- Connecticut.
- California. Median household income: $80,440.
- Hawaii. Median household income: $83,102.
- New Jersey. Median household income: $85,751.
- Massachusetts. Median household income: $85,843.
- Maryland. Median household income: $86,738.
What’s good about Arkansas?
25 Things We Love About Arkansas
- Lakes. They’re everywhere!
- Pinnacle Mountain. For when you just need to get away and enjoy nature.
- Hunting/Fishing. It’s better here than almost anywhere.
- Crystal Bridges. We are truly blessed with one of the best art spots in the world.
- River Market.
- Razorbacks.
- Travelers.
- Hot Springs.
Why is Arkansas the best state?
Arkansas possesses some of the most beautiful forests and parks in the nation. I mean, there’s a reason it is called the natural state.
Why Arkansas is the best state.
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What are the worst things about Arkansas?
12 Troubling Facts About Arkansas You Would Be Better Off Not…
- In 2014, CNBC named Arkansas the tenth worst state to live in.
- Arkansas is the third least physically healthy state in America.
- Obesity: it is estimated that one third of Arkansans need to fight the fat.
- One third of Arkansas children live in poverty.
How many billionaires are in Arkansas?
Arkansas, the birthplace of Walmart, is home to some of the most renowned and wealthiest families in the US. In 2020, four billionaires from Arkansas made the Forbes 400 list. Currently, the state of Arkansas is home to numerous billionaires, with a cumulative worth of more than $200 billion.
Where do the rich live in Arkansas?
The richest town in Arkansas is Cave Springs. Cave Springs, just outside of Fayetteville, Arkansas, is one of the more moderately affluent places on this list.
Is moving to Arkansas a good idea?
Good move: The Natural State is one of the best places to relocate thanks to a low cost of living and a high quality of life that includes plenty of outdoor recreation, employment opportunities, a strong arts scene and more. The people who come here tend to love it and end up staying a long time.
Is Arkansas considered a poor state?
Arkansas
The fourth-poorest state in the U.S. is Arkansas. Arkansas’s median household income is the third-lowest at $48,952. The state’s poverty rate is 16.2%, the fifth-highest in the U.S. Arkansas’s obesity rate is 37.4%, the third-highest among all states, behind only West Virginia and Mississippi.
Does Arkansas get a lot of tornadoes?
The state has averaged 33 twisters a year for the past 70 years, Condry said. However, that number increases to an average of 45 per year when tallying the last 10 years alone. Last year, Arkansas recorded 45 tornadoes. There were 41 in 2019 and 36 in 2018.
What is the poorest town in Arkansas?
Helena-West
Trailing only Mississippi, Arkansas is the second poorest state in the country. In Helena-West Helena, Arkansas’s poorest town, over 50% of households earn less than $22,000 a year. Of the area’s 11,200 residents, 42.5% live below the poverty line, more than double the 18.1% poverty rate across the state as a whole.
Does Arkansas have a high poverty rate?
While Arkansas does have a high poverty rate, it is not out of line with many of our neighboring states. Arkansas’s poverty rate of 17.2%, the seventh highest in the nation, is better than Louisiana’s or Mississippi’s. They have the highest poverty rates in the nation at 20.2% and 20.8% as of 2016.
What percent of Arkansas live in poverty?
According to the USDA, Arkansas has a poverty rate of 18.9 percent and a child poverty rate of 26 percent, with poverty levels continuing to rise throughout the state.
What state do the most millionaires live in?
American states with highest ratio of millionaire households per capita in 2020
| Characteristic | Ratio of millionaire households per capita |
|---|---|
| California | 8.51% |
| New Hampshire | 8.47% |
| Virginia | 8.31% |
| Alaska | 8.18% |
What state has the best economy?
Utah
State Economy Rankings
| Overall Rank | State | Total Score |
|---|---|---|
| 1 | Utah | 78.28 |
| 2 | Washington | 72.04 |
| 3 | California | 66.83 |
| 4 | Massachusetts | 65.74 |
Where is the wealthiest town in America?
Atherton, California
Nearly equidistant from San Francisco and San Jose, this village of less than 7,500 residents is home to the wealthiest households in America. The average household income tops a whopping $525,000. Tech moguls, like Facebook’s Sheryl Sandberg and Google’s Eric Schmidt, call Atherton home.
