Fayetteville, Arkansas Income Statistics

Fayetteville Wealth Score

The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.

  • D
    Fayetteville Well below average

Source: Map AI Methodology

Income Statistics Overview

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Metric Fayetteville Arkansas Avg US Average
Median Household Income $59,376 $60,940 $80,455
Median Personal Income $52,807 $49,255 $60,758
Average Yearly Income Growth 5.7% 4.6% 4.8%
Six-Figure Earners 9.5% 8.0% 13.9%
$200k+ Households 8.0% 6.7% 13.2%

The median household income in Fayetteville is about 3% lower than in Arkansas. Income has been growing faster in Fayetteville (5.7%/yr) than in Arkansas (4.6%/yr).

About 10% of adults in Fayetteville earn six figures ($100,000 or more) a year, higher than the Arkansas average of 8%.

Median Household Income 2009–2024 Trend

Median Household Income Over Time

Fayetteville
United States

Median household income in Fayetteville, Arkansas grew by 57.6% from 2009 to 2024, reaching $59,376 in 2024. That's an average of about 5.7% per year.

Fayetteville has been far below the U.S. median household income in every year from 2009 to 2024. Even at its closest, in 2022, its income was 26% lower. The gap has held fairly steady over the period.

Year Fayetteville United States

Income Distribution in Fayetteville

How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.

Households by income, 2024

Fayetteville
United States

Income range calculator

About 10,677 households (29.9% of all households) have an income of $100,000 or more.

Across the U.S.: 40.2% of all households.

In 2024, 30.0% of households in Fayetteville had an income under $35,000 and 15.5% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.

Compared with the U.S., Fayetteville has a larger share of households earning $15,000 to $24,999 (9.5% vs 6.4%) and a smaller share earning $200,000 or more (8.0% vs 13.2%).

Household income Households Share U.S. share
Under $10,000 2,686 7.5% 5.1%
$10,000 to $14,999 1,570 4.4% 3.5%
$15,000 to $24,999 3,396 9.5% 6.4%
$25,000 to $34,999 3,066 8.6% 6.7%
$35,000 to $49,999 4,628 13.0% 10.1%
$50,000 to $74,999 5,360 15.0% 15.5%
$75,000 to $99,999 4,303 12.1% 12.6%
$100,000 to $149,999 5,132 14.4% 17.4%
$150,000 to $199,999 2,690 7.5% 9.5%
$200,000 or more 2,854 8.0% 13.2%

Shares are of all 35,686 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).

Income Inequality and the Gender Pay Gap in Fayetteville

Metric Fayetteville Arkansas Avg US Average
Gini Coefficient 0.589 0.551 0.552
Male Median Income $61,106 $57,045 $69,667
Female Median Income $51,196 $46,102 $56,850
Gender Pay Gap 16.2% 19.2% 18.4%

The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Fayetteville, it is 0.589, higher than Arkansas's 0.551, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.

Men's income is about 19% more than women's income in Fayetteville, Arkansas. Over a 35-year career, a 19% wage gap accumulates to roughly $346,850 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Fayetteville, Arkansas has narrowed from about 21% to 16% in 2024. Over that period the gap was widest at 22% in 2021, and was narrowest at 8% in 2018. In dollar terms, the gap has widened by $1,735 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Fayetteville Arkansas Avg US Average
Unemployment Rate 3.9% 4.9% 5.2%
Working from Home 13.3% 8.8% 15.0%
Commute time (minutes) 16 18 22

Approximately 1,870 people are unemployed in Fayetteville, Arkansas.

The average commute time in Fayetteville is 16 minutes, shorter than the 18 minutes in Arkansas.

Unemployment Rate Over Time

Fayetteville
United States

Since 2011, the unemployment rate in Fayetteville, Arkansas has fallen from 6.6% to 3.9% in 2024. Over that period the rate peaked at 8.0% in 2013.

Fayetteville has been below the U.S. unemployment rate in most years since 2011, but briefly rose above it in 2021 (0.2 points higher). In 2024 its rate was 1.3 points lower.

Year Fayetteville United States

Fayetteville, AR Wealth Compared With Nearby Cities

How Fayetteville, AR compares with the 1 cities closest to it.

Area Population Median household income Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. Unemployment Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here.
Fayetteville, AR 86,772 $59,376 #2/2 5.7%/yr #1/2 3.9% #2/2 0.589 #2/2
Springdale, AR 82,221 $69,056 5.4%/yr 3.5% 0.544

Conclusion

Considering all these factors, Fayetteville, Arkansas has an overall wealth index grade of D, making it about on par with Arkansas, and somewhat worse than the country as a whole.

Frequently Asked Questions

Common questions about income and wealth in Fayetteville, Arkansas.

How Rich Is Fayetteville, Arkansas?

Fayetteville has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $59,376, about 3% lower than the Arkansas average of $60,940.

How fast is household income rising in Fayetteville, Arkansas?

Between 2009 and 2024, the median household income in Fayetteville, Arkansas rose 58%, from $37,666 to $59,376. Over the same years, income here kept pace with Arkansas as a whole: +58% against +58%.

What was the median household income in Fayetteville in 2023?

In 2023, the median household income in Fayetteville, Arkansas was $56,658, up 3% from $55,178 in 2022. The Arkansas median that year was $58,782.

What was the median household income in Fayetteville in 2020?

In 2020, the median household income in Fayetteville, Arkansas was $44,806. By 2024 it had risen 33% to $59,376.

What is the Gini coefficient in Fayetteville, Arkansas?

The Gini coefficient in Fayetteville is 0.589. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.

How has the income gap between men and women changed in Fayetteville, Arkansas?

Since 2009, the income gap between men and women in Fayetteville, Arkansas has narrowed from about 21% to 16% in 2024. Over that period the gap was widest at 22% in 2021, and was narrowest at 8% in 2018. In dollar terms, the gap has widened by $1,735 since 2009.

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