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Home » United States » Does Arkansas have a good economy?

Does Arkansas have a good economy?

December 14, 2021 by Shelia Campbell

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.

Contents

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).

Is Arkansas rich or poor?

The report ranks Arkansas the third poorest state in the country. With a median household income of $44,334, Arkansas is one of only three states in the country where more than half of all households earn less than $45,000 a year. Arkansas incomes are actually increasing.

Where does Arkansas rank in economy?

Arkansas Rankings

Health Care #49
Education #41
Economy #41
Infrastructure #43
Opportunity #22

What US state has the best economy?

Utah
State Economy Rankings

Overall Rank State Economic Activity
1 Utah 1
2 Washington 2
3 California 3
4 Massachusetts 9

Is there anything good in Arkansas?

Clinton Presidential Library, you’ll find interesting places to visit and things to do spread throughout Arkansas.

  • Hot Springs National Park.
  • Little Rock Central High School National Historic Site.
  • William J.
  • Buffalo National River.
  • Arkansas Air Museum.
  • Mammoth Spring State Park.
  • Crater of Diamonds State Park.

What are the 5 poorest states in America?

  • Alabama. Poverty rate: 15.5%
  • West Virginia. Poverty rate: 16.0%
  • Arkansas. Poverty rate: 16.2%
  • Kentucky. Poverty rate: 16.3%
  • New Mexico. Poverty rate: 18.2%
  • Louisiana. Poverty rate: 19.0%
  • Mississippi. Poverty rate: 19.6%
  • Mississippi. Louisiana. New Mexico.

Is Arkansas a good place to live?

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.

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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.

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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How does Arkansas make its money?

Livestock products add up to about 63% of the state’s agricultural revenue. About 37% of the state’s production is in crops. In terms of revenue generated, Arkansas’s top five agricultural products are broilers (young chickens), rice, soybeans, cattle and calves, and cotton.

What is the main industry in Arkansas?

Agriculture
Agriculture is Arkansas’ largest industry, adding around $16 billion to the state’s economy annually. The Natural State’s diverse landscape and climate produce a wide variety of Arkansas agricultural products. Arkansas is a major exporter of rice, soybeans, cotton, poultry and feed grains.

What is Arkansas ranked now?

Rankings

RK TEAM PREV
22 UTSA 22
23 Clemson NR
24 Houston 24
25 Arkansas 21

What is the strongest state in the US?

Texas
Texas ranked as America’s strongest state, achieving averages of 687 pounds for the squat, 438 pounds for the bench press, and 742 pounds for the deadlift.

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Who is the richest state in the US?

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 state has the best economy in 2021?

Utah
Utah. The Utah economy has been a powerhouse in recent decades, hence the reason why it takes the No. 1 spot. Over the last five years, Utah’s GDP grew by an excellent 19.1%, the second-highest growth rate for that period out of all 50 states.

Why should I move to Arkansas?

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 a beautiful state?

Filled with mountains, caves, springs, and streams, Arkansas has rightfully earned the name “The Natural State.” Beautiful views from mountain tops in the Ozark Mountains prove to be must-see sites for residents and tourists alike. Gracious skies hold our hearts in complete awe as the landscape meets the skyline.

What is Arkansas Best known for?

Arkansas Facts. Arkansas is known for its lakes, rivers, and hot springs, extreme weather and frequent storms, rice and poultry production, and the only active diamond mine in the United States.

Which state has the highest poverty rate?

New Hampshire
States, federal district, and territories

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Rank State 2019 Poverty rate (percent of persons in poverty)
– United States 10.5%
1 New Hampshire 7.3%
2 Utah 8.9%
3 Maryland 9.0%

What ethnicity has the highest poverty rate?

As of 2010 about half of those living in poverty are non-Hispanic white (19.6 million). Non-Hispanic white children comprised 57% of all poor rural children. In FY 2009, African American families comprised 33.3% of TANF families, non-Hispanic white families comprised 31.2%, and 28.8% were Hispanic.

Filed Under: United States

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About Shelia Campbell

Sheila Campbell has been traveling the world for as long as she can remember. Her parents were avid travelers, and they passed their love of exploration onto their daughter. Sheila has visited every continent on Earth, and she's always looking for new and interesting places to explore.

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