The 10 Richest Cities In Arkansas For 2023


We analyzed 62 places in Arkansas to determine where the 1% live.

HomeSnacks is reader-supported. When you click through real estate links on our site, we earn an affiliate commission. Learn more.

Cave Springs, Farmington, Centerton: These cities aren’t just some of the best places to live in Arkansas. They are also home to some of the richest people in the Natural State.

Cave Springs in particular houses the richest residents in the state thanks, in part, to a median household income of $140,195 and a ridiculously low poverty rate of 1.0315297781237835%.

If you’re thinking of moving to one of these towns, you’ll probably need to start saving. The richest places in Arkansas share common characteristics such as having a genius level populous, sky high home prices, and a Pleasantville level of married couples.

How did we come up with these mega wealthy cities? We analyzed Census data from the 2017-2021 American Community Survey for the 64 places in Arkansas with more than 5,000 people.

Here are the 10 richest places in Arkansas for 2023:

  1. Cave Springs
  2. Farmington
  3. Centerton
  4. Pea Ridge
  5. Lowell
  6. Bryant
  7. Bentonville
  8. Rogers
  9. Beebe
  10. Sherwood

For more on how we calculated the top ten, read on or skip to the end for the full list of the richest cities in Arkansas.

Rich people not your cup of tea? Feel free to check out some more reading about Arkansas:

The 10 Richest Cities In Arkansas For 2023

1. Cave Springs

Cave Springs, AR

Overall SnackAbility

7
/10

Population: 5,224
Rank Last Year:
Median Income: $140,195
Unemployment Rate: 1.1%
Poverty Rate: 1.0%
More on Cave Springs: Real Estate | Photos

2. Farmington

Farmington, AR

Overall SnackAbility

6
/10

Population: 7,601
Rank Last Year: 3 (Up 1)
Median Income: $77,443
Unemployment Rate: 0.4%
Poverty Rate: 3.5%
More on Farmington: Real Estate | Photos

3. Centerton

Centerton, AR

Overall SnackAbility

7
/10

Population: 17,455
Rank Last Year: 4 (Up 1)
Median Income: $90,793
Unemployment Rate: 1.6%
Poverty Rate: 5.4%
More on Centerton: Real Estate | Photos

4. Pea Ridge

Pea Ridge, AR

Overall SnackAbility

6
/10

Population: 6,491
Rank Last Year: 2 (Down 2)
Median Income: $88,942
Unemployment Rate: 2.5%
Poverty Rate: 4.3%
More on Pea Ridge: Real Estate | Photos

5. Lowell

Lowell, AR

Overall SnackAbility

7
/10

Population: 9,630
Rank Last Year: 1 (Down 4)
Median Income: $80,026
Unemployment Rate: 1.2%
Poverty Rate: 6.4%
More on Lowell: Real Estate | Photos

6. Bryant

Bryant, AR

Overall SnackAbility

8
/10

Population: 20,399
Rank Last Year: 7 (Up 1)
Median Income: $76,965
Unemployment Rate: 2.8%
Poverty Rate: 4.9%
More on Bryant: Real Estate | Photos

7. Bentonville

Bentonville, AR

Overall SnackAbility

8.5
/10

Population: 52,565
Rank Last Year: 5 (Down 2)
Median Income: $89,653
Unemployment Rate: 3.2%
Poverty Rate: 7.1%
More on Bentonville: Real Estate | Photos

8. Rogers

Rogers, AR

Overall SnackAbility

6
/10

Population: 68,340
Rank Last Year: 8 (No Change)
Median Income: $69,582
Unemployment Rate: 3.1%
Poverty Rate: 9.6%
More on Rogers: Real Estate | Photos

9. Beebe

Beebe, AR

Overall SnackAbility

6
/10

Population: 8,343
Rank Last Year: 11 (Up 2)
Median Income: $51,975
Unemployment Rate: 0.9%
Poverty Rate: 9.9%
More on Beebe: Real Estate | Photos

10. Sherwood

Sherwood, AR

Overall SnackAbility

8
/10

Population: 32,544
Rank Last Year: 10 (No Change)
Median Income: $67,964
Unemployment Rate: 3.6%
Poverty Rate: 7.7%
More on Sherwood: Real Estate | Photos

Methodology: How We Determined The Richest Places In Arkansas For 2023

Map Of The Richest Places To Live In Arkansas
The first thing that comes to most people’s minds when they think about determining the richest places is to simply identify personal incomes. After all, rich people have really high salaries.

However, we don’t believe that one statistic wholly encompasses what it means to be one of the “richest places”. So we looked at this set of criteria from the newly released 2017-2021 American Community Survey:

  • Poverty Level
  • Median Household Income
  • Unemployment Rate

Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.

After we collected the data for all 64 places with more than 5,000 people in Arkansas, we ranked each place from 1 to 64 for each of the criteria, with 1 being the richest.

We then averaged all the rankings for a place into a “Rich Score” with the place having the lowest overall Rich Score, Cave Springs, crowned the “Richest City In Arkansas For 2023”. You can download the data here.

You can learn more about the top ten below or skip to the end to see the rankings for all 64 places.

Summary: The Wealthiest Places In Arkansas For 2023

Like we said earlier, when we set out to identify the richest places in Arkansas, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in Arkansas.

When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.

If you’re curious enough, here are the poorest cities in Arkansas, according to data:

Poorest: Helena-West Helena
2nd Poorest: Forrest City
3rd Poorest: Morrilton

For more Arkansas reading, check out:

Detailed List Of The Richest Cities In Arkansas

Rank City RichScore Median Income
1 Cave Springs 1.67 $140,195
2 Farmington 4.0 $77,443
3 Centerton 4.33 $90,793
4 Pea Ridge 5.33 $88,942
5 Lowell 6.33 $80,026
6 Bryant 8.0 $76,965
7 Bentonville 8.67 $89,653
8 Rogers 11.33 $69,582
9 Beebe 12.33 $51,975
10 Sherwood 12.67 $67,964
11 Marion 14.67 $80,170
12 Greenbrier 14.67 $53,239
13 Maumelle 15.0 $83,104
14 White Hall 15.33 $82,275
15 Benton 15.33 $60,813
16 Ward 16.33 $62,231
17 Cabot 17.33 $62,654
18 Greenwood 17.67 $57,837
19 Stuttgart 20.67 $58,062
20 Springdale 22.33 $56,144
21 Little Rock 22.33 $56,928
22 Siloam Springs 22.67 $54,596
23 Conway 23.67 $48,104
24 Prairie Grove 23.67 $50,625
25 Batesville 30.33 $49,763
26 Heber Springs 31.33 $46,176
27 Van Buren 32.0 $51,561
28 Fayetteville 32.0 $52,111
29 Fort Smith 33.0 $48,033
30 Mountain Home 33.33 $41,058
31 Hot Springs 35.0 $42,718
32 Paragould 35.0 $49,977
33 Berryville 35.0 $44,984
34 Jonesboro 35.33 $48,901
35 Clarksville 35.67 $33,778
36 Harrison 36.0 $40,347
37 Jacksonville 36.67 $46,007
38 Trumann 37.33 $37,711
39 Warren 39.33 $36,446
40 North Little Rock 40.0 $45,590
41 El Dorado 40.33 $41,831
42 De Queen 41.0 $45,066
43 Hope 41.0 $42,122
44 Arkadelphia 42.33 $34,883
45 Searcy 42.67 $41,753
46 Texarkana 43.33 $43,625
47 Monticello 43.67 $33,604
48 Camden 43.67 $42,348
49 Russellville 44.0 $38,908
50 Walnut Ridge 44.33 $39,784
51 Blytheville 49.0 $43,191
52 Magnolia 49.67 $34,815
53 Wynne 50.67 $37,680
54 Mena 50.67 $43,750
55 Osceola 52.67 $38,826
56 Pocahontas 52.67 $35,691
57 Pine Bluff 53.33 $36,940
58 Alma 54.33 $38,292
59 Malvern 55.67 $34,880
60 West Memphis 55.67 $35,099
61 Newport 56.33 $33,948
62 Morrilton 56.67 $35,966
63 Forrest City 58.67 $33,229
64 Helena-West Helena 64.0 $25,735

How Is The Area In ?

Editor’s Note: Data has been updated for 2023. This is our tenth time ranking the richest cities in Arkansas.

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.