Living in Fayetteville, Arkansas
Cost of living, income, home prices, rent and demographics of Fayetteville · Census data 2020–2024
Fayetteville has 99,319 residents with a median age of 28.8. The median household income is $62,695 (3% higher than the Arkansas median), the median home value is $349,600, the median rent is $1,065/month.
Fayetteville at a glance
- Population
- 99,319
- Median age
- 28.8State: 38.5
- Median household income
- $62,695State: $60,773
- Median home value
- $349,600State: $188,000
- Median rent
- $1,065/moState: $947
- Homeowners
- 41.8%
- Bachelor's degree or higher
- 49%
- Average commute
- 19 min
Is Fayetteville a good place to live?
Pros: Median household income 3% higher than the Arkansas median; an average commute of 19 minutes; unemployment of 4%.
Cons: Home values 86% higher than the state median; a poverty rate of 20.6%.
The weather is best in May–June and September–October.
Cost of living in Fayetteville
Housing is the biggest part of the cost of living. In Fayetteville the median home value is $349,600, 5% higher than the U.S. median. Renters pay a median of $1,065 per month, which is 29.6% of household income. Homeowners with a mortgage pay $1,776 a month in housing costs.
Fayetteville median household income
The median household income in Fayetteville is $62,695 and the income per person is $39,241. 20.6% of residents live below the poverty line (Arkansas: 16%).
Housing in Fayetteville: homes for sale and rent
- Housing units
- 45,303
- Owner-occupied
- 41.8%
- Renter-occupied
- 58.2%
- Vacant
- 9.4%Includes seasonal homes
- Median year built
- 1997
- Average household size
- 2.23
Fayetteville demographics
- Population
- 99,319
- Median age
- 28.8
- Under 18
- 18%
- 65 and older
- 9.8%
- Households
- 41,025
- Foreign-born
- 6.4%
- Veterans
- 5.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Fayetteville ›
Education in Fayetteville
49% of adults 25 and older in Fayetteville have a bachelor's degree or higher (Arkansas: 25.7%), and 22.1% have a graduate or professional degree.
Jobs and commute in Fayetteville
- Unemployment rate
- 4%State: 4.9%
- Average commute
- 19 minState: 23 min
- Work from home
- 14.9%
- Drive alone
- 71.9%
- Public transit
- 1.1%
- Walk to work
- 2.7%
- Homes with broadband
- 91.9%
Fayetteville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Fayetteville | 99,319 | $62,695 | $349,600 | $1,065 |
| Johnson | 3,656 | $95,844 | $312,900 | $1,104 |
| Farmington | 9,094 | $90,469 | $304,800 | $1,321 |
| Greenland | 1,274 | $69,821 | $228,000 | $1,150 |
| Tontitown | 6,425 | $85,603 | $430,500 | $1,346 |
| Springdale | 88,160 | $69,787 | $261,800 | $1,071 |
| Elkins | 3,808 | $81,789 | $212,500 | $1,431 |
| Goshen | 2,298 | $150,074 | $670,200 | $1,068 |
| West Fork | 3,095 | $77,566 | $201,000 | $1,095 |
More for people moving to Fayetteville
Fayetteville ZIP code ›Weather and climate ›Living in Fayetteville: FAQ
What is the median household income in Fayetteville, AR?
The median household income in Fayetteville is $62,695, 3% higher than the Arkansas median of $60,773 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Fayetteville?
The median home value in Fayetteville is $349,600, compared with $188,000 in Arkansas.
How much is rent in Fayetteville?
The median gross rent in Fayetteville is $1,065 per month, about 29.6% of household income.
Is Fayetteville, AR a good place to live?
Pluses: median household income 3% higher than the Arkansas median; an average commute of 19 minutes; unemployment of 4%. Minuses: home values 86% higher than the state median; a poverty rate of 20.6%.
What is the median age in Fayetteville?
The median age in Fayetteville is 28.8 years (Arkansas: 38.5).
How long is the commute in Fayetteville?
The average commute to work in Fayetteville is 19 minutes; 14.9% of workers work from home.
What is the unemployment rate in Fayetteville?
The unemployment rate in Fayetteville is 4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Fayetteville?
49% of adults in Fayetteville have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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