Bentonville is a larger medium-sized city located in the state of Arkansas. With a population of 59,471 people and 11 associated neighborhoods, Bentonville is the ninth largest community in Arkansas. Much of the housing stock in Bentonville was built relatively recently. The construction of new real estate can often be taken as an indication that the local Bentonville economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Bentonville, where the median household income is $99,074.00.
Bentonville real estate is some of the most expensive in Arkansas, although Bentonville house values don't compare to the most expensive real estate in the U.S.
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.
A relatively large number of people in Bentonville telecommute to their jobs. Overall, about 17.48% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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 noticeable about Bentonville, although not a huge city, is that it has a large population of people who are young, single, educated, and upwardly-mobile career starters. That’s because Bentonville is full of single people in their 20s and 30s and who have undergraduate or graduate degrees and are starting careers in professional occupations. This makes Bentonville a pretty good place for young, educated career starters looking to find many people like themselves, with good opportunities for friendships, socializing, romance, and fun.
If knowledge is power, Bentonville is a pretty powerful place. 51.93% of the adults in Bentonville have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
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.
Foreign born people are also an important part of Bentonville's cultural character, accounting for 16.45% of the city’s population.
The most common language spoken in Bentonville is English. Other important languages spoken here include Spanish and Other Asian languages.