We are in the midst of relocation season for corporate employees, in Northwest Arkansas. It has become a prime destination for individuals and families seeking new opportunities and a higher quality of life. The biggest question is where exactly are all these people moving from and why?
One of the key driving factors for relocation to NWA is its affordable cost of living. As of June 2023, the median home price in NWA stands at $349,000, significantly lower than the national median of $415,500. This affordability makes settling in NWA an attractive option for those seeking financial stability.
A recent heat map analysis of population migration patterns reveals that Little Rock, Arkansas is the #1 area for inbound migration to NWA. Other major cities that have seen a significant number of residents move to NWA include Dallas, Texas, Fort Smith, Arkansas, Tulsa, Oklahoma, Kansas City, Missouri, Los Angeles, California, Houston, Texas, Austin, Texas, St. Louis, Missouri, Chicago, Illinois, and Denver, Colorado.
It’s exciting to see how NWA is attracting residents from all over the country, and it’s a positive sign for the region’s economy and community. The diversity in population will bring new ideas, and cultures and will make the region more dynamic. The migration patterns can be influenced by various factors such as job opportunities, cost of living, and quality of life, and NWA seems to be ticking all the right boxes. A few local organizations are running solicitation campaigns such as Austin, TX, and Seattle, WA.
This influx of new residents is a testament to the many opportunities and high quality of life that NWA has to offer. The heat map illustrates the migration patterns of residents from various cities across the US to NWA and serves as a visual representation of the region’s growing popularity. This data was collected by the U.S. Census Bureau and Stacker.com
Here are the Top 10 Cities
- Little Rock, AR – 2,049 transfers
- Dallas, TX – 1,673transfers
- Fort Smith, AR – 1,397 transfers
- Tulsa, OK – 935 transfers
- Kansas City, MO – 650 transfers
- Los Angeles, CA – 570 transfers
- Houston, TX – 555 transfers
- Austin, TX – 523 transfers
- St. Louis, MO – 456 transfers
- Chicago, IL – 448 transfers