At a glance

Northwest Arkansas Democrat-Gazette - - INTERNATIONAL -

ValuePen­guin, a com­pany that com­pares and an­a­lyzes bank­ing and in­sur­ance ser­vices and other top­ics, ranked North­west Arkansas 180th in the 200 best cities for small busi­nesses. It used sev­eral mea­sures in three cat­e­gories for its rank­ings. Mea­sures are for the Fayet­teville-Spring­dale-Rogers met­ro­pol­i­tan area un­less oth­er­wise spec­i­fied.

TAXES

Av­er­age state and lo­cal sales tax rate, Sales Tax Hand book: Max­i­mum 9.5 per­cent in Ben­ton County and 9.75 per­cent in Wash­ing­ton County

Small Busi­ness and En­trepreneur­ship Coun­cil’s 2014 small busi­ness tax in­dex: Arkansas ranked 35th Tax Foun­da­tion’s 2017 state busi­ness tax cli­mate in­dex: Arkansas ranked 38th

ECON­OMY

Un­em­ploy­ment rate, U.S. Bureau of La­bor Sta­tis­tics: 2.9 per­cent in May 2016

Me­dian house­hold in­come, U.S. Cen­sus Bureau: $51,000 in 2015 Forbes best states for busi­ness rank­ing 2016: Arkansas ranked 34th

Cost of liv­ing, 2010 Coun­cil for Com­mu­nity and Eco­nomic Re­search: Fayet­teville-Spring­dale-Rogers more ex­pen­sive than Con­way, Fort Smith and Jonesboro but less ex­pen­sive than Hot Springs and Lit­tle Rock

BUSI­NESS COM­MU­NITY

Per­cent­age of pop­u­la­tion 25 years and older with at least a bach­e­lor’s de­gree, U.S. Cen­sus: 19.9 per­cent in 2015 (com­pared to 19 per­cent for U.S.)

Num­ber of Small Busi­ness Ad­min­is­tra­tion of­fices: Arkansas has 18 Num­ber of mort­gage and non­mort­gage loan bro­kers, U.S. Cen­sus: 410 credit coun­selors and loan of­fi­cers, 2008-2010 es­ti­mate Num­ber of cor­po­rate man­ag­ing of­fices, U.S. Cen­sus: 737 in 2014

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