What Is The Major Industry In Arkansas?

Agriculture.
Agriculture is Arkansas’ largest industry, adding around $16 billion to the state’s economy annually. The Natural State’s diverse landscape and climate produce a wide variety of Arkansas agricultural products. Arkansas is a major exporter of rice, soybeans, cotton, poultry and feed grains.

What are 3 major industries in Arkansas?

The state of Arkansas is the country’s leader in the production of rice, turkeys, and broilers. It ranks among the top three in production of aquaculture, bullets, and cotton.

What is the industry like in Arkansas?

Across the great state of Arkansas, businesses are producing goods and services that are helping to drive the global economy. Arkansas produces materials for the aerospace industry, parts for the automotive industry, food products, ammunition, timber and much more.

What is the biggest company in Arkansas?

Walmart
Detailed List Of The 100 Biggest Companies In Arkansas

Rank Company Employees
1 Walmart 2,200,000
2 Tyson Foods 122,000
3 Tyson Chicken 122,000
4 Dillard’s 40,000

What kind of economy does Arkansas have?

According to CNBC, Arkansas currently ranks as the 35th best state for business, with the 10th-lowest cost of doing business, 8th-lowest cost of living, 41st best workforce, 29th-best economic climate, 41st-best educated workforce, 41st-best infrastructure and the 32nd-friendliest regulatory environment.

Is Arkansas a rich state?

The fourth-poorest state in the U.S. is Arkansas. Arkansas’s median household income is the second-lowest at $50,540. The state’s overall poverty rate is 14.7%, and 21.7% of the state’s children live in poverty.

What are the top 5 industries in Arkansas?

  • Timber & Forest Products.
  • Firearms and Ammunition.
  • Transportation Equipment.
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What are the top 5 highest paying jobs in Arkansas?

Top 25 Highest-Paying Jobs in Arkansas

  • Internists, General. $266,980.
  • Surgeons. $260,950.
  • Orthodontists. $259,010.
  • Obstetricians & Gynecologists. $244,290.
  • Anesthesiologists. $219,640.
  • Family & General Practitioners. $212,480.
  • Podiatrists. $190,710.
  • Pediatricians, General. $188,140.

Is Arkansas a good place to live?

If you desire to keep your living costs low, want affordable property taxes, and nice weather. Plus you enjoy participating in outdoor activities. And prefer that all of it is located in a setting of smaller cities and charming home towns. Then, yes Arkansas is a good state to live in.

What is Arkansas top export?

Made-in-America Manufacturing Exports from Arkansas and Jobs
The state’s largest manufacturing export category is transportation equipment, which accounted for $1.6 billion of Arkansas’s total goods exports in 2018.

What Fortune 500 companies are in Arkansas?

Four Arkansas companies made the 2021 Fortune 500 list, down one from last year. These four companies include Walmart, Tyson Foods, J.B. Hunt Transport Services and Murphy USA. Now in its 67th year, the Fortune 500 ranks the top corporations in the United States.

Who is the highest paid employee for the Arkansas state government?

In 2010, the data collection became annual when the Legislature began fiscal sessions in even-numbered years. The highest-paid state employee continues to be Bret Bielema, whose salary is $4.1 million a year as the head football coach at the University of Arkansas, Fayetteville.

What city in Arkansas has the largest population?

Little Rock
Looking for a list of cities, counties or zips in Arkansas?

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Rank City Population
1 Little Rock 198,067
2 Fort Smith 87,788
3 Fayetteville 86,622
4 Springdale 80,433

What is the number 1 crop in Arkansas?

rice
Arkansas ranks 1st in rice production. More than 1.6 million acres are harvested annually in over 40 counties. Learn more from the Arkansas Rice Federation, UAEX, Arkansas Agriculture Council and Arkansas Farm Bureau. Arkansas produces 1.1 million pounds of cotton bales, and 371,000 tons of cottonseed.

What is Arkansas known for?

Arkansas is known for its diamond mines. The first diamonds were discovered in Arkansas in 1906, and since then, millions of carats of diamonds have been mined from the state. The most famous diamond mine in Arkansas is the Crater of Diamonds State Park.

What products is Arkansas known for?

Arkansas is the leading producer of rice in the United States, providing about 46% of the nation’s supply. Arkansas grows lots of soybeans and ranks 10th in the nation. Cotton, corn for grain, and wheat round out Arkansas’s most valuable five crops.

How many billionaires are in Arkansas?

5 billionaires
Billionaires are ranked by net worth as of June 30. Forbes lists 5 billionaires in Arkansas.

Is it cheap to live in Arkansas?

Compared to the rest of the country, Arkansas has a much lower cost of living. Arkansas has the third-lowest cost of living among all U.S. states. A dollar in Arkansas supports more real spending than it does in more expensive states.

Is Arkansas a safe state?

Arkansas has the fourth-highest violent crime rate and the eighth-highest property crime rate in the US. Violent crime increased by 16% in The Natural State year over year, and property crime decreased by 8%.

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What is cool about Arkansas?

Arkansas is the only US State that produces diamonds. The state is known for its beautiful lakes, rivers, and hot springs. It has over 600,000 acres of lakes. The Arkansas state musical instrument is the fiddle.

Are there factories in Arkansas?

The Latest Facts on Arkansas’ Manufacturing Sector
According to data collected by MNI, compiler of the industrial information that powers IndustrySelect, Arkansas is currently home to 3,523 manufacturers employing 193,196 workers.