Business Environment

Fayetteville: "An economic engine for growth in business."

While national and global business environments continue to be difficult and unpredictable for both entrepreneurs and large firms, Fayetteville area businesses have enjoyed prosperity even during these volatile economic times.

During the last 10 years, Fayetteville has experienced record job and income growth placing it in the top 10 of all national MSAs in these categories. In this period numerous publications, from Forbes Magazine to the Milken Institute, have highlighted Fayetteville as an economic engine for growth of small and large business.

Record job and income growth

The region has a population of over 800,000 within a short commute of the Fayetteville downtown area. The city boasts a population that is significantly younger than other regional cities, with a median age of 27. A centralized transportation infrastructure makes it easy to reach almost any major city within hours. Combine these factors with a progressive tax system, state of the art telecommunications, and affordable utilities and it is easy to see why area companies are profitable and continue to thrive in Fayetteville's business environment.