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Apartments For Rent in Fayetteville, AR

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Apartments for Rent in Fayetteville, AR

A small city located in Arkansas, Fayetteville has a population of slightly more than 82,000. Young adults aged 15-24 can expect to feel welcome, as they make up an above-average percentage of the population, while middle-aged professionals account for a smaller percentage of the city. Overall, the city's residents, with an average age of just under 33, are decidedly younger than most cities in Arkansas. Home ownership is less common than renting in Fayetteville, and 39% of residents own their homes despite paying roughly $77 a month more in rent than the state average.

Averaging about 21 minutes, the commute time for Fayetteville residents is faster than nearly 80% of cities in Arkansas. Many residents (44%) commute to work by car or truck, while public transit is not used extensively. Walking (2%) isn't a common means of commuting to work, though the number is greater than the national average.

Fayetteville has a large number of residents older than 25 who have advanced degrees compared to the national average (7%), as 10% possess a Master's degree or a Doctorate. In addition, 14% have earned a Bachelor's degree. Fayetteville residents have a wide range of industries from which to choose. The four most common are education, retail, entertainment, and healthcare. Together, these industries account for 30% of the workforce in the city. Meanwhile, looking at job function, many of the city's residents work in sales, making it the top profession in the city. Fayetteville workers bring in an average annual income of just over $61,000, about $3,000 more than those elsewhere in the state. However, Fayetteville compares less favorably to the national average of $73,345.