Bentonville is a larger medium-sized city located in the state of Arkansas. With a population of 57,868 people and 11 associated neighborhoods, Bentonville is the ninth largest community in Arkansas. Bentonville has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Bentonville, where the median household income is $99,074.00.
Bentonville home prices are not only among the most expensive in Arkansas, but Bentonville real estate also consistently ranks among the most expensive in America.
Also of interest is that Bentonville 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: 17.48% 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.
One thing that you will notice about Bentonville is that there is a good-sized population of people who are young, single, educated, and upwardly-mobile career starters. Many singles consider Bentonville a good place to live without being in a really big city, with opportunities for friendships and fun with others like themselves.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Bentonville. 51.93% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Bentonville in 2022 was $51,917, which is wealthy relative to Arkansas and the nation. This equates to an annual income of $207,668 for a family of four. However, Bentonville contains both very wealthy and poor people as well.
Bentonville is an extremely ethnically-diverse city. The people who call Bentonville home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Bentonville residents report their race to be White, followed by Asian. Bentonville also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 10.01% of the city’s residents. Important ancestries of people in Bentonville include German, English, Irish, Italian, and European.
In addition, Bentonville has a lot of people living here who were born outside of the US (16.45%).
The most common language spoken in Bentonville is English. Other important languages spoken here include Spanish and Other Asian languages.