Bentonville Ranked Top 20 Best Cities to live

Bentonville Ranked Top 20 Best Cities to live

Mallory Alcocer, West and Local News

 

        It’s no secret that Bentonville is a great place to live, but now we have the ranking to prove it!

       On the report of 24/7 Wall Street, a financial news website, Bentonville Arkansas is the 15th best city to live in the nation. 

        On the site, it says: “Living in the United States by no means guarantees a good life, but in some parts of the country, virtually all residents live a highly prosperous lifestyle. Being born in these cities is as close to a guarantee as possible that at least in terms of socioeconomic measures, these people will live a better-than-average lifestyle.” 

       If you’re wondering why Bentonville is one of the best cites, I’ll tell you. Bentonville is home to America’s largest private employer, Walmart. Our massive retail chain provides close to 22,000 jobs in Bentonville, both in its stores and at the corporate level. 24/7 Wall Street’s methodology is based on affordability, economy, quality of life, and community. 

         The affordability category is based on the ratio of the median home value to the median income, and cost of living, as determined by the average cost of goods and services in an area relative to average prices across the nation as a whole. Bentonville’s median household income is $79,259. 

        The economy category is based on the unemployment rate, Five-year employment growth, and the share of the total working-age population with a job. Bentonville’s job market has improved dramatically over the last five years. The total number of people with jobs in the city increased by 31.0% from 2012 to 2017 — more than five times the employment growth rate in the U.S. as a whole!  

        Finally, the quality of life and community category is based on the average travel time to work, the violent crime rate, the total number of restaurants, bars, museums, theater companies, movie theaters, libraries, and parks per capita, and the food insecurity rate. 

       So overall, out of the 50 Best Cities to Live, our home Bentonville came out 15th! It’s great to know that we’re one of the best based on numbers, but we all know that Bentonville is a great place to live even without the ranking.