Report: Housing needed in downtowns

Posted: February 2, 2018 at 1:05 a.m.

NWA Democrat-Gazette/CHARLIE KAIJO Bradley Morris (left) of Rogers and Denver Smith of Bentonville enjoy coffee Thursday at Onyx Coffee in Bentonville. Downtowns in Northwest Arkansas continue to experience strong population growth and increased demand for residential and commercial development, according to officials.

Northwest Arkansas needs accessible housing options as downtown populations grow and demand development, according to a Walton Family Foundation report.

Downtown demographics

^Bentonville^Fayetteville^Rogers^Siloam Springs^Springdale

2016 population^4,167^1.970^398^252^2,270

2010-16 annual population growth rate^1.1%^2.9%^0.8%^1.2%^1.5%

Median age^33.9^31.8^35^31.3^28.1

Median household income^$35,119^$19,228^$36,761^$35,641^$29,908

Total businesses^451^648^254^101^278

Total employees^24,188^5,559^1,824^562^5,228

Unemployment rate^4.2%^1.5%^3.1^2.9%^6%

Percent of population with bachelor’s degree or higher^26%^42%^21%^25%^8%

Source: Walton Family Foundation

Maps showing downtown Bentonville, Fayetteville, Rogers, Siloam Springs, and Springdale.

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