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FAYETTEVILLE AWARDS
KIPLINGER'S BEST PLACES AWARD 2008
Fayetteville's Funky Green Valley is ranked #7 in Kiplinger's Best Places to Live, Work and Play 2008.
Fayetteville is one of 10 great places to build your future.
Fayetteville Population: 68,331; MSA Population: 419,455
Population Growth Since 2000: 17.3%
Percentage of Workforce in Creative Class: 31.4%
Cost-of-Living Index: 90.4 (100 being national average)
Median Household Income: $42,267
Income Growth Since 2000: 17.6%
Take a video "virtual walking tour" of Fayetteville by clicking on the arrow below:
Ranking Criteria
Kiplinger's relied on key numbers such as population growth, percentage of workforce in the creative class, income growth, median growth and cost of living to choose Best Cities for 2008. Find out the reason Fayetteville is one of the Top Ten Cities in the U.S.
2007 US News & World Report Video on Fayetteville
100 BEST PLACES to LIVE and LAUNCH 2008
Fortune Small Business scoured the country for towns that combine a great business environment with alluring leisure offerings. We looked at economic conditions such as local taxes rates alongside natural beauty - and easy access to museums, hungry gamefish, and more. Follow the link below to Fayetteville, the only city in Arkansas to make this top 100 list:
Best Place for Small Business
Fayetteville chosen for state's first 'clean and green' Shine Award
Fayetteville receives continued recognition for its GREEN VALLEY initiative. For various efforts by its citizens in the areas of conservation, promoting sustainability and living "clean and green," Fayetteville received the Arkansas Shine Award from the Keep Arkansas Beautiful Commission. The Shine Award program was created as a way to recognize community efforts to provide programs and institute policies to encourage sustainability. Fayetteville was recognized for its Adopt-a-Trail program and some various volunteer cleanup projects. Some of the activities noted by Fayetteville in its application included its urban forestry preservation efforts, retrofitting city traffic lights and discontinuing the purchase of bottled water at city facilities. The city also mentioned the projects in the school system with the implementation of Green Teams and a graffiti-fighting program at Woodland Junior High School. It mentioned the business Biobased, which makes a foam insulation from soybeans, and efforts by INEOS Bio to develop ethanol from garbage.
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SUCCESS FOSTERS SUCCESS - Expansion Management, October, 2007 Focus Story recognizes Fayetteville MSA as #12 for Economic Development HOT SPOTS in the Top 20 Small Metros by tracking the employment expansion activity of 19 million companies during the past four years. These are the communities where companies tend to grow best. Communities that support reliable and high-quality manufacturing operations are typically selected for new investment. Business leaders and site selection search teams feel most comfortable in places and situations where their counterparts have also been successful...and Northwest Arkansas is the place!
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Expansion Management Magazine - Summer, 2007 lists Fayetteville MSA #3
Top Cities for Business Attraction
Click on link above, click on cover story, then go to page 5. These communities are literally magnets for business. Researchers looked at the facility relocation activity of 19 million companies during the past eight years to detrmine the most popular destinations for relocating businesses.
MSN Careers reports Forbes.com recently released its annual list of the 200 Best Places for Businesses and Careers, and, among those places, Fayetteville ranked in the top 10 for U.S. cities with the highest job growth.
Fayetteville - 10 Best Cities in Job Growth
Best Places for Business and Careers Ranks Fayetteville MSA #17, down slightly from #8 in 2007 and #9 in 2006!
Forbes Best Places 2008
The MSA in 2008 ranked very high in Job Growth - 16th; Cost of Doing Business - 12th; and Cost of Living - 28th in the nation. Fayetteville is #17 overall in this yearly ranking and the highest ranking MSA in Arkansas.
In its 2007 report,"Best Cities for Doing Business," Inc. Magazine ranked Fayetteville, Arkansas No. 4 in the top 20 mid-size city category to do business and "Overall" rank moved up to #13 from #19 in 2006. Hottest industries in NWA are Wholesale, Business Services & Government
2007 Inc. Magazine Best Cities for Doing Business
iN Northwest Arkansas jobs are up 14 percent since 2001, with growth in services, education, and transportation. Two key drivers: Wal-Mart's headquarters in nearby Bentonville and the University of Arkansas.
Overall Rank is 13, up from 19 in 2006 | 1-Year Job Growth 3.2% | 5-Year Job Growth 20.7% | Index Score 93.4 ---
The index is calculated from a normalized, weighted summary of: 1) recent growth trend: the current and prior year's employment growth rates, with the current year emphasized (two points); 2) midterm growth: the average annual 2001-2006 growth rate (two points); 3) long-term trend: the sum of the 2001-2006 and 1995-2000 employment growth rates multiplied by the ratio of the 1995-2000 growth rate over the 2001-2006 growth rate (two points); and 4) current year growth (one point).
COPD Digest magazine 2007 award for best air quality and hospitals with pulmonary programs, support groups, assisted living facilities, cost of living, crime rate and population were all factors considered.
Fayetteville is Top City in U.S. for Clean Air
Fayetteville Issues of Connecting Northwest Arkansas (CNWA) Magazine
Additional Awards for Fayetteville
According to MSN, some of the best places to live and work may be smaller so-called flyover cities such as Fayetteville, Arkansas, according to Bert Sperling of Sperling's Best Places. Fayetteville MSA recognized as #1
10 Low-cost Locales Where Jobs are Plentiful
Sperling has put together a list of the top 10 affordable job powerhouses for MSN Real Estate: places where the cost of living and unemployment are low and the number of jobs is growing steadily.
SMART MONEY magazine, September, 2008 "THE BEST OF ALL WORLDS" article on The New Retirement, listed FAYETTEVILLE, ARKANSAS among the top 8 college towns for retirement.
Criteria included outstanding educational, cultural and recreational opportunities; vibrant downtown communities; affordable housing; good access to health care; job growth; low crime rates; and low taxes. College towns are typically vibrant communities with cheap housing and excellent health care. They offer art galleries, theater, music groups and sports teams events on and around campus. Here is how we are described:
"Fayetteville, Ark.: On the edge of the Ozark Mountains, with hills, lakes, hiking trails and renowed fall foliage, the Fayetteville mix of local hunters and campus longhairs is distinctive but friendly. Students over the age of 60 can study free at the University of Arkansas."
Attractions of a College Town - Fayetteville, Ark.: Down-home sophisticate
10 College Towns for Grownups
From Kiplinger's Personal Finance magazine, May 2007
NuWire Investor magazine has chosen Fayetteville as one of 10 college towns for real estate investment, August, 2007. Read entire story by clicking on the link below:
Top 10 Small College Towns for Investment
This list of the top 10 college towns was compiled by weighing factors such as growth potential, job markets, property values, cost of living, atmosphere, retirement appeal, intangibles and overall investment potential.
Warren Bland, PhD, a nationally recognized expert on retirement towns, has just released his "best college towns" list for 2007. Not only are these great college towns, but they also rank high in Bland's retirement location model which uses 12 criteria to evaluate each place. So if you plan to spend some time this summer visiting college towns for eventual retirement, start in Boulder, Colorado, Bland's top pick. The towns are located in 10 different states across the US.
Top 10 College Towns of 2007
Fayetteville tied with two other cities for 6th place on this list.
Country Home magazine, in conjunction with Sperling's BestPlaces, reveals that Fayetteville MSA is ranked #74 out of 379 MSA's 2007 Best Green Place to live in America and #1 in the state of Arkansas.
2007 Best Green Cities
2006 QUALITY OF LIFE AWARD!
Wow, another award! Fayetteville, AR is ranked 27th in the "Overall Top 50" in Business Development Outlook's 2006 Quality of Life issue. Quality of Life factors considered by site selection teams when looking to relocate a business are economy, transportation, recreation, climate, health, housing, safety, education and the arts. A business is only as good as its employees, so the quality of employees' lives is at the top of the list and must be at the forefront when considering relocation.
FAYETTEVILLE MSA No. 8 Among Milken's Best Performing Cities
Milken Best Cities 2005
Released in 2006, the index measures the hottest places for jobs creation in the country.
FAYETTEVILLE ECONOMIC DEVELOPMENT COUNCIL WELCOMES YOU
We will serve as your SINGLE POINT OF CONTACT for BUSINESS in one of the HOTTEST ECONOMIES IN AMERICA!
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Nestled in the beautiful hills of the Ozark Plateau, home to the University of Arkansas and the Arkansas Research & Technology Park, Fayetteville is one of the fastest growing MSA in America.
Live, learn, work, and play in a beautiful environment that nurtures intellect, culture and the arts.
Think Green! Think Green Valley! Think Fayetteville! See why Northwest Arkansas receives national acclaim and why your business will thrive here.
CONTACT: STEVE RUST, President/CEO - steve@fayetteville.com - 479.442.8885 - 21 W. Mountain Street, Suite 301, Fayetteville, AR 72701
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