Everything You Need to Know About the City of Little Rock Arkansas
In 2017, Little Rock, AR had a population of 198k people with a median age of 36 and a median household income of $48,463. Somewhere in the range of 2016 and 2017 the number of inhabitants in Little Rock, AR grew from 197,640 to 197,780, a 0.0708% increase and its median household income grew from $46,578 to $48,463, a 4.05% increase.
The population of Little Rock, AR is 46.2% White Alone, 41.4% Black or African American Alone, and 6.77% Hispanic or Latino. N/A% of the people in Little Rock, AR speak a non-English language, and 94.9% are U.S. citizens.
The largest universities in Little Rock, AR are the University of Arkansas at Little Rock (2,433 degrees awarded in 2017), the University of Arkansas for Medical Sciences (930 degrees), and Baptist Health College-Little Rock (389 degrees).
The median property value in Little Rock, AR is $159,900, and the homeownership rate is 56.2%. Most people in Little Rock, AR commute by Drove Alone, and the average commute time is 17.9 minutes. The average car ownership in Little Rock, AR is 2 cars per household.
In 2017, universities in Little Rock, AR granted 4,342 degrees. The understudy population of Little Rock, AR is slanted towards ladies, with 6,428 male students and 10,882 female students.
Most students graduating from Universities in Little Rock, AR are White (2,542 and 62.1%), trailed by Black or African American (1,123 and 27.5%), Two or More Races (161 and 3.94%), and Hispanic or Latino (123 and 3.01%).
The largest universities in Little Rock, AR by the number of degrees awarded are the University of Arkansas at Little Rock (2,433 and 56%), the University of Arkansas for Medical Sciences (930 and 21.4%), and Baptist Health College-Little Rock (389 and 8.96%).
The most popular majors in Little Rock, AR are Registered Nursing (672 and 15.5%), General Business Administration & Management (229 and 5.27%), and Medicine (160 and 3.68%).
The median tuition costs in Little Rock, AR are $10,282 for private four-year colleges, and $6,518 and $16,533 respectively, for public four-year colleges for in-state students and out-of-state students.
The economy of Little Rock, AR employs 96.2k people and Little Rock has an unemployment rate of 3.4%. Little Rock has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 32.2%, which is lower than the US average of 33.5%. The largest industries in Little Rock, AR are Health Care & Social Assistance (18,962 people), Retail Trade (11,626 people), and Educational Services (9,055 people), and the highest paying industries are Utilities ($73,533), Professional, Scientific, & Technical Services ($60,061), and Finance & Insurance ($50,133).
Households in Little Rock, AR have a median annual income of $48,463, which is less than the median annual income of $61,937 across the entire United States. This is in comparison to a median income of $46,578 in 2016, which represents a 4.05% annual growth.
Tax Rates for Little Rock
– The Sales Tax Rate for Little Rock is 8.6%. The US average is 7.3%.
– The Income Tax Rate for Little Rock is 6.9%. The US average is 4.6%.
– Tax Rates can have a big impact when Comparing the Cost of Living.
Income and Salaries for Little Rock
– The average income of a Little Rock resident is $29,583 a year.
– The Median household income of a Little Rock resident is $46,409 a year.
