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Little Rock is a relatively large city located in the state of Arkansas. With a population of 196,055 people and 51 constituent neighborhoods, Little Rock is the largest community in Arkansas.
Little Rock real estate is some of the most expensive in Arkansas, although Little Rock house values don't compare to the most expensive real estate in the U.S.
Little Rock is a decidedly white-collar city, with fully 85.61% of the workforce employed in white-collar jobs, well above the national average. Overall, Little Rock is a city of professionals, sales and office workers and service providers. There are especially a lot of people living in Little Rock who work in office and administrative support (14.86%), sales jobs (11.25%) and healthcare (9.81%).
Also of interest is that Little Rock has more people living here who work in computers and math than 95% of the places in the US.
Little Rock Information and Demographics
The citizens of Little Rock are very well educated compared to the average community in the nation: 38.21% of adults in Little Rock have a bachelor's degree or even advanced degree.
The per capita income in Little Rock in 2010 was $29,575, which is wealthy relative to Arkansas, and upper middle income relative to the rest of the US. This equates to an annual income of $118,300 for a family of four. However, Little Rock contains both very wealthy and poor people as well.
Little Rock is an extremely ethnically-diverse city. The people who call Little Rock home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Little Rock residents report their race to be White, followed by Black or African-American. Important ancestries of people in Little Rock include English, German and Irish.
The most common language spoken in Little Rock is English. Some people also speak Spanish.
Information by Department of Numbers, Bureau of Labor Statistics, U.S. Census Bureau and Locatoin Incorporated are deemed reliable but not guaranteed.
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Metropolitan Statistical Area (MSA) represents the current U.S. defined sampling area or region for reporting data to various local and state governments. MSAs may cross
county and state lines to form a qualified statistical region.
Information by realestate.com and altosresearch.com are deemed reliable but not guaranteed.
|Number of Homes
. (Recessions shown as gray bars.)
- Current Population Survey, CES
- Current Employment Statistics.
The rent-to-mortgage payment ratio uses the adjusted market rent against a 100% loan-to-value mortgage (30-year fixed) for the median price home using MLS sales statistics. A ratio of 1.0 means that annual rent is equivalent to annual mortgage payments. Values less than 1.0 indicate rents are cheaper, and values greater than 1.0 mean mortgage payments are cheaper. (Note: taxes are not considered here.)
The rent-to-mortgage payment ratio for Little Rock was 0.89 in September 2013.
Information by Department of Numbers, Bureau of Labor Statistics, U.S. Census Bureau deemed reliable but not guaranteed.