{"generated":"2026-10-06","sources":{"sales_tax":"Arkansas DFA Local Net Tax Distribution Reports (distribution month)","housing":"U.S. Census Bureau Building Permits Survey, place level, residential units authorized","rates":"Freddie Mac PMMS and U.S. Treasury via FRED","economy":"BLS LAUS and FHFA HPI via FRED (NWA MSA 22220)","jobs":"BLS Current Employment Statistics, Fayetteville-Springdale-Rogers MSA, not seasonally adjusted","new_business":"Census Business Formation Statistics, Arkansas monthly (seasonally adjusted); NWA yearly","lending":"CFPB / FFIEC HMDA, home-purchase loans, Benton + Washington (whole calendar years only)","home_values":"FHFA house price index, ZIP and county, annual (whole calendar years only)"},"terms":"Free to use with attribution to The 479 Report and the sources named. Market commentary, not advice.","cadence":"monthly","slug":"2025-02","label":"Feb 2025","start":"2025-02","end":"2025-02","mode":"yoy","units_complete_through":"2026-08","sales_tax":{"region":{"total":23158366.0,"cities":31,"comparable_cities":30,"flagged_cities":1,"change_pct":0.64},"rows":[{"city":"Springtown","total":1775.0,"prev":739.0,"change_pct":140.19,"small_base":false,"flag":true,"rank":1},{"city":"Highfill","total":172011.0,"prev":134933.0,"change_pct":27.48,"small_base":false,"flag":false,"rank":2},{"city":"Winslow","total":11847.0,"prev":9712.0,"change_pct":21.98,"small_base":false,"flag":false,"rank":3},{"city":"Sulphur Springs","total":10566.0,"prev":8740.0,"change_pct":20.89,"small_base":false,"flag":false,"rank":4},{"city":"Little Flock","total":23505.0,"prev":19863.0,"change_pct":18.34,"small_base":false,"flag":false,"rank":5},{"city":"Prairie Grove","total":273593.0,"prev":242542.0,"change_pct":12.8,"small_base":false,"flag":false,"rank":6},{"city":"Centerton","total":521238.0,"prev":481001.0,"change_pct":8.37,"small_base":false,"flag":false,"rank":7},{"city":"Lincoln","total":108434.0,"prev":100325.0,"change_pct":8.08,"small_base":false,"flag":false,"rank":8},{"city":"Bella Vista","total":692073.0,"prev":646175.0,"change_pct":7.1,"small_base":false,"flag":false,"rank":9},{"city":"Springdale","total":4100153.0,"prev":3862060.0,"change_pct":6.16,"small_base":false,"flag":false,"rank":10},{"city":"Garfield","total":24490.0,"prev":23416.0,"change_pct":4.59,"small_base":false,"flag":false,"rank":11},{"city":"Pea Ridge","total":308880.0,"prev":295781.0,"change_pct":4.43,"small_base":false,"flag":false,"rank":12},{"city":"Gentry","total":179468.0,"prev":173185.0,"change_pct":3.63,"small_base":false,"flag":false,"rank":13},{"city":"Bentonville","total":3942628.0,"prev":3822535.0,"change_pct":3.14,"small_base":false,"flag":false,"rank":14},{"city":"Elkins","total":166934.0,"prev":165436.0,"change_pct":0.91,"small_base":false,"flag":false,"rank":15},{"city":"Farmington","total":284253.0,"prev":283717.0,"change_pct":0.19,"small_base":false,"flag":false,"rank":16},{"city":"Tontitown","total":494525.0,"prev":493742.0,"change_pct":0.16,"small_base":false,"flag":false,"rank":17},{"city":"Johnson","total":170012.0,"prev":169861.0,"change_pct":0.09,"small_base":false,"flag":false,"rank":18},{"city":"Gravette","total":128022.0,"prev":128139.0,"change_pct":-0.09,"small_base":false,"flag":false,"rank":19},{"city":"West Fork","total":93309.0,"prev":93843.0,"change_pct":-0.57,"small_base":false,"flag":false,"rank":20},{"city":"Greenland","total":59546.0,"prev":59982.0,"change_pct":-0.73,"small_base":false,"flag":false,"rank":21},{"city":"Cave Springs","total":167544.0,"prev":170140.0,"change_pct":-1.53,"small_base":false,"flag":false,"rank":22},{"city":"Fayetteville","total":5085532.0,"prev":5166310.0,"change_pct":-1.56,"small_base":false,"flag":false,"rank":23},{"city":"Rogers","total":4162528.0,"prev":4344681.0,"change_pct":-4.19,"small_base":false,"flag":false,"rank":24},{"city":"Lowell","total":658845.0,"prev":688460.0,"change_pct":-4.3,"small_base":false,"flag":false,"rank":25},{"city":"Goshen","total":39155.0,"prev":42027.0,"change_pct":-6.83,"small_base":false,"flag":false,"rank":26},{"city":"Eureka Springs","total":240400.0,"prev":258143.0,"change_pct":-6.87,"small_base":false,"flag":false,"rank":27},{"city":"Siloam Springs","total":962774.0,"prev":1037856.0,"change_pct":-7.23,"small_base":false,"flag":false,"rank":28},{"city":"Decatur","total":46832.0,"prev":52530.0,"change_pct":-10.85,"small_base":false,"flag":false,"rank":29},{"city":"Avoca","total":11567.0,"prev":13535.0,"change_pct":-14.54,"small_base":false,"flag":false,"rank":30},{"city":"Elm Springs","total":15927.0,"prev":20773.0,"change_pct":-23.33,"small_base":false,"flag":false,"rank":31}]},"housing":{"region":{"total":583.0,"cities":28,"comparable_cities":12,"flagged_cities":0,"change_pct":4.58},"rows":[{"city":"Pea Ridge","total":49.0,"prev":20.0,"change_pct":145.0,"small_base":false,"flag":false,"rank":1},{"city":"Bentonville","total":129.0,"prev":54.0,"change_pct":138.89,"small_base":false,"flag":false,"rank":2},{"city":"Centerton","total":78.0,"prev":53.0,"change_pct":47.17,"small_base":false,"flag":false,"rank":3},{"city":"Bella Vista","total":53.0,"prev":37.0,"change_pct":43.24,"small_base":false,"flag":false,"rank":4},{"city":"Highfill","total":23.0,"prev":19.0,"change_pct":21.05,"small_base":false,"flag":false,"rank":5},{"city":"Rogers","total":64.0,"prev":57.0,"change_pct":12.28,"small_base":false,"flag":false,"rank":6},{"city":"Prairie Grove","total":11.0,"prev":10.0,"change_pct":10.0,"small_base":false,"flag":false,"rank":7},{"city":"Springdale","total":25.0,"prev":29.0,"change_pct":-13.79,"small_base":false,"flag":false,"rank":8},{"city":"Siloam Springs","total":30.0,"prev":43.0,"change_pct":-30.23,"small_base":false,"flag":false,"rank":9},{"city":"Fayetteville","total":76.0,"prev":160.0,"change_pct":-52.5,"small_base":false,"flag":false,"rank":10},{"city":"Lowell","total":5.0,"prev":14.0,"change_pct":-64.29,"small_base":false,"flag":false,"rank":11},{"city":"Tontitown","total":5.0,"prev":28.0,"change_pct":-82.14,"small_base":false,"flag":false,"rank":12},{"city":"Avoca","total":1.0,"prev":0,"change_pct":null,"small_base":true,"flag":false},{"city":"Cave Springs","total":8.0,"prev":4.0,"change_pct":null,"small_base":true,"flag":false},{"city":"Decatur","total":0,"prev":0,"change_pct":null,"small_base":true,"flag":false},{"city":"Elkins","total":3.0,"prev":0,"change_pct":null,"small_base":true,"flag":false},{"city":"Elm Springs","total":1.0,"prev":1.0,"change_pct":null,"small_base":true,"flag":false},{"city":"Farmington","total":7.0,"prev":1.0,"change_pct":null,"small_base":true,"flag":false},{"city":"Garfield","total":0,"prev":null,"change_pct":null,"small_base":false,"flag":false},{"city":"Gentry","total":8.0,"prev":8.0,"change_pct":null,"small_base":true,"flag":false},{"city":"Goshen","total":2.0,"prev":2.0,"change_pct":null,"small_base":true,"flag":false},{"city":"Gravette","total":4.0,"prev":2.0,"change_pct":null,"small_base":true,"flag":false},{"city":"Greenland","total":1.0,"prev":0,"change_pct":null,"small_base":true,"flag":false},{"city":"Johnson","total":0,"prev":1.0,"change_pct":null,"small_base":true,"flag":false},{"city":"Lincoln","total":0,"prev":2.0,"change_pct":null,"small_base":true,"flag":false},{"city":"Little Flock","total":0,"prev":0,"change_pct":null,"small_base":true,"flag":false},{"city":"Sulphur Springs","total":0,"prev":0,"change_pct":null,"small_base":true,"flag":false},{"city":"West Fork","total":0,"prev":0,"change_pct":null,"small_base":true,"flag":false}]},"rates":{"mortgage30_avg":6.842,"treasury10_avg":4.451,"mortgage30_change_bp":7},"economy":{"employed_avg":300131,"employed_change_pct":3.04,"hpi_quarter":"2025-Q1","hpi_change_pct":5.76,"unemployment_nwa":3.1,"unemployment_us":4.2},"monthly_region_tax":[["2025-02",23158366.0]],"monthly_region_tax_prev":[["2025-02",23010182.0]],"annual_region_tax":null,"same_cities":31,"capital":{"treasury2_avg":4.21,"cre_loans_billions":3014.1,"cre_loans_date":"2025-02-26","cre_loans_yoy_pct":0.79,"cre_delinquency_pct":1.57,"cre_delinquency_quarter":"2025-Q1"},"trend":{"sales_tax":"falling","units":"flat","mortgage30":"flat","employed":"flat","windows":["2024-11..2024-11","2024-12..2024-12","2025-01..2025-01","2025-02..2025-02"]},"permits":{"covered":false,"records_from":"2026-04-01","records_through":"2026-08-31"},"city_stats":[{"city":"Fayetteville","core":true,"tax_total":5085532.0,"tax_change_pct":-1.56,"tax_flag":false,"units":76.0,"units_change_pct":-52.5,"units_per_1k":0.8,"growth_score":56,"spark":[["2023-03",5532983.0],["2023-04",5417859.0],["2023-05",5605594.0],["2023-06",5480633.0],["2023-07",5262340.0],["2023-08",5606282.0],["2023-09",5582694.0],["2023-10",5388805.0],["2023-11",5504415.0],["2023-12",6048012.0],["2024-01",4861120.0],["2024-02",5166310.0],["2024-03",5513092.0],["2024-04",5504092.0],["2024-05",5446516.0],["2024-06",5528698.0],["2024-07",5321642.0],["2024-08",5707911.0],["2024-09",5859968.0],["2024-10",5655148.0],["2024-11",5850148.0],["2024-12",6436726.0],["2025-01",4962890.0],["2025-02",5085532.0]]},{"city":"Rogers","core":true,"tax_total":4162528.0,"tax_change_pct":-4.19,"tax_flag":false,"units":64.0,"units_change_pct":12.28,"units_per_1k":0.9,"growth_score":43,"spark":[["2023-03",4980148.0],["2023-04",4743415.0],["2023-05",5054855.0],["2023-06",5280813.0],["2023-07",5039569.0],["2023-08",5622130.0],["2023-09",5192637.0],["2023-10",4882926.0],["2023-11",4800559.0],["2023-12",5896106.0],["2024-01",5927202.0],["2024-02",4344681.0],["2024-03",5072470.0],["2024-04",4944620.0],["2024-05",5212140.0],["2024-06",5710702.0],["2024-07",5390347.0],["2024-08",5124578.0],["2024-09",5468442.0],["2024-10",5340291.0],["2024-11",5294895.0],["2024-12",6434276.0],["2025-01",4728667.0],["2025-02",4162528.0]]},{"city":"Springdale","core":true,"tax_total":4100153.0,"tax_change_pct":6.16,"tax_flag":false,"units":25.0,"units_change_pct":-13.79,"units_per_1k":0.3,"growth_score":32,"spark":[["2023-03",4125426.0],["2023-04",4108730.0],["2023-05",4228261.0],["2023-06",4221994.0],["2023-07",4213799.0],["2023-08",4245424.0],["2023-09",4008101.0],["2023-10",4031350.0],["2023-11",4180210.0],["2023-12",4404523.0],["2024-01",3587695.0],["2024-02",3862060.0],["2024-03",4323039.0],["2024-04",4239515.0],["2024-05",4391732.0],["2024-06",4540268.0],["2024-07",4440705.0],["2024-08",4468335.0],["2024-09",4256027.0],["2024-10",4313048.0],["2024-11",4334762.0],["2024-12",4835097.0],["2025-01",4239431.0],["2025-02",4100153.0]]},{"city":"Bentonville","core":true,"tax_total":3942628.0,"tax_change_pct":3.14,"tax_flag":false,"units":129.0,"units_change_pct":138.89,"units_per_1k":2.4,"growth_score":57,"spark":[["2023-03",5220384.0],["2023-04",4922349.0],["2023-05",6678255.0],["2023-06",4958107.0],["2023-07",4700970.0],["2023-08",5416953.0],["2023-09",4452697.0],["2023-10",4950369.0],["2023-11",4432915.0],["2023-12",4950400.0],["2024-01",3550427.0],["2024-02",3822535.0],["2024-03",4840307.0],["2024-04",3530619.0],["2024-05",4512182.0],["2024-06",4661772.0],["2024-07",5206635.0],["2024-08",4505706.0],["2024-09",4563421.0],["2024-10",4873155.0],["2024-11",4509933.0],["2024-12",5299029.0],["2025-01",6407946.0],["2025-02",3942628.0]]},{"city":"Siloam Springs","core":true,"tax_total":962774.0,"tax_change_pct":-7.23,"tax_flag":false,"units":30.0,"units_change_pct":-30.23,"units_per_1k":1.7,"growth_score":49,"spark":[["2023-03",1083031.0],["2023-04",1071810.0],["2023-05",1065632.0],["2023-06",1060276.0],["2023-07",1030243.0],["2023-08",1036401.0],["2023-09",1065826.0],["2023-10",1037471.0],["2023-11",1035912.0],["2023-12",1144578.0],["2024-01",919705.0],["2024-02",1037856.0],["2024-03",1153876.0],["2024-04",1072259.0],["2024-05",1096440.0],["2024-06",1124299.0],["2024-07",1056539.0],["2024-08",1090252.0],["2024-09",1061815.0],["2024-10",1034060.0],["2024-11",1071292.0],["2024-12",1145997.0],["2025-01",968229.0],["2025-02",962774.0]]},{"city":"Bella Vista","core":true,"tax_total":692073.0,"tax_change_pct":7.1,"tax_flag":false,"units":53.0,"units_change_pct":43.24,"units_per_1k":1.8,"growth_score":60,"spark":[["2023-03",700088.0],["2023-04",654950.0],["2023-05",676259.0],["2023-06",692699.0],["2023-07",697340.0],["2023-08",684231.0],["2023-09",678711.0],["2023-10",681811.0],["2023-11",739205.0],["2023-12",723044.0],["2024-01",610450.0],["2024-02",646175.0],["2024-03",767560.0],["2024-04",704136.0],["2024-05",719160.0],["2024-06",734971.0],["2024-07",728775.0],["2024-08",722013.0],["2024-09",790687.0],["2024-10",774363.0],["2024-11",759770.0],["2024-12",859787.0],["2025-01",718409.0],["2025-02",692073.0]]},{"city":"Lowell","core":false,"tax_total":658845.0,"tax_change_pct":-4.3,"tax_flag":false,"units":5.0,"units_change_pct":-64.29,"units_per_1k":0.5,"growth_score":56,"spark":[["2023-03",701579.0],["2023-04",673169.0],["2023-05",863018.0],["2023-06",932376.0],["2023-07",692605.0],["2023-08",636326.0],["2023-09",443405.0],["2023-10",730177.0],["2023-11",714761.0],["2023-12",776542.0],["2024-01",714413.0],["2024-02",688460.0],["2024-03",620320.0],["2024-04",680408.0],["2024-05",633599.0],["2024-06",701618.0],["2024-07",740850.0],["2024-08",736417.0],["2024-09",691717.0],["2024-10",735128.0],["2024-11",679261.0],["2024-12",715861.0],["2025-01",1406412.0],["2025-02",658845.0]]},{"city":"Centerton","core":false,"tax_total":521238.0,"tax_change_pct":8.37,"tax_flag":false,"units":78.0,"units_change_pct":47.17,"units_per_1k":4.4,"growth_score":59,"spark":[["2023-03",499152.0],["2023-04",472253.0],["2023-05",477045.0],["2023-06",507569.0],["2023-07",508895.0],["2023-08",527242.0],["2023-09",495852.0],["2023-10",512189.0],["2023-11",632675.0],["2023-12",595689.0],["2024-01",531909.0],["2024-02",481001.0],["2024-03",599884.0],["2024-04",587401.0],["2024-05",543609.0],["2024-06",537257.0],["2024-07",585817.0],["2024-08",569822.0],["2024-09",598647.0],["2024-10",609898.0],["2024-11",575911.0],["2024-12",703598.0],["2025-01",550065.0],["2025-02",521238.0]]},{"city":"Tontitown","core":false,"tax_total":494525.0,"tax_change_pct":0.16,"tax_flag":false,"units":5.0,"units_change_pct":-82.14,"units_per_1k":1.2,"growth_score":67,"spark":[["2023-03",462306.0],["2023-04",485547.0],["2023-05",532958.0],["2023-06",490218.0],["2023-07",481093.0],["2023-08",514477.0],["2023-09",485352.0],["2023-10",452401.0],["2023-11",513442.0],["2023-12",513907.0],["2024-01",418255.0],["2024-02",493742.0],["2024-03",549428.0],["2024-04",527751.0],["2024-05",518126.0],["2024-06",535337.0],["2024-07",557580.0],["2024-08",493639.0],["2024-09",503330.0],["2024-10",503879.0],["2024-11",490996.0],["2024-12",509403.0],["2025-01",488658.0],["2025-02",494525.0]]},{"city":"Pea Ridge","core":false,"tax_total":308880.0,"tax_change_pct":4.43,"tax_flag":false,"units":49.0,"units_change_pct":145.0,"units_per_1k":7.4,"growth_score":77,"spark":[["2023-03",262407.0],["2023-04",275156.0],["2023-05",290433.0],["2023-06",308602.0],["2023-07",301542.0],["2023-08",288437.0],["2023-09",301243.0],["2023-10",341418.0],["2023-11",454897.0],["2023-12",309064.0],["2024-01",270443.0],["2024-02",295781.0],["2024-03",325382.0],["2024-04",315191.0],["2024-05",330960.0],["2024-06",336314.0],["2024-07",357162.0],["2024-08",362021.0],["2024-09",332966.0],["2024-10",344001.0],["2024-11",316030.0],["2024-12",366508.0],["2025-01",324757.0],["2025-02",308880.0]]},{"city":"Farmington","core":false,"tax_total":284253.0,"tax_change_pct":0.19,"tax_flag":false,"units":7.0,"units_change_pct":null,"units_per_1k":0.9,"growth_score":60,"spark":[["2023-03",303601.0],["2023-04",284901.0],["2023-05",313612.0],["2023-06",300131.0],["2023-07",308455.0],["2023-08",309815.0],["2023-09",303233.0],["2023-10",295660.0],["2023-11",377244.0],["2023-12",349764.0],["2024-01",289997.0],["2024-02",283717.0],["2024-03",308756.0],["2024-04",306688.0],["2024-05",310530.0],["2024-06",315594.0],["2024-07",322998.0],["2024-08",319239.0],["2024-09",324592.0],["2024-10",336196.0],["2024-11",314596.0],["2024-12",372083.0],["2025-01",273224.0],["2025-02",284253.0]]},{"city":"Prairie Grove","core":false,"tax_total":273593.0,"tax_change_pct":12.8,"tax_flag":false,"units":11.0,"units_change_pct":10.0,"units_per_1k":1.6,"growth_score":66,"spark":[["2023-03",252023.0],["2023-04",223875.0],["2023-05",256109.0],["2023-06",248048.0],["2023-07",259321.0],["2023-08",257094.0],["2023-09",276881.0],["2023-10",262529.0],["2023-11",272797.0],["2023-12",280179.0],["2024-01",221228.0],["2024-02",242542.0],["2024-03",248201.0],["2024-04",252839.0],["2024-05",249800.0],["2024-06",270741.0],["2024-07",245976.0],["2024-08",271624.0],["2024-09",282772.0],["2024-10",275092.0],["2024-11",284126.0],["2024-12",309030.0],["2025-01",250287.0],["2025-02",273593.0]]},{"city":"Eureka Springs","core":false,"tax_total":240400.0,"tax_change_pct":-6.87,"tax_flag":false,"units":null,"units_change_pct":null,"units_per_1k":null,"growth_score":null,"spark":[["2023-03",333505.0],["2023-04",323276.0],["2023-05",347859.0],["2023-06",391403.0],["2023-07",405990.0],["2023-08",338917.0],["2023-09",380218.0],["2023-10",424521.0],["2023-11",315090.0],["2023-12",288256.0],["2024-01",220817.0],["2024-02",258143.0],["2024-03",342174.0],["2024-04",340308.0],["2024-05",374679.0],["2024-06",409603.0],["2024-07",397438.0],["2024-08",361055.0],["2024-09",382507.0],["2024-10",428330.0],["2024-11",321015.0],["2024-12",322076.0],["2025-01",226677.0],["2025-02",240400.0]]},{"city":"Gentry","core":false,"tax_total":179468.0,"tax_change_pct":3.63,"tax_flag":false,"units":8.0,"units_change_pct":null,"units_per_1k":2.1,"growth_score":54,"spark":[["2023-03",165791.0],["2023-04",158020.0],["2023-05",163870.0],["2023-06",169280.0],["2023-07",175873.0],["2023-08",172942.0],["2023-09",163720.0],["2023-10",181402.0],["2023-11",188689.0],["2023-12",183420.0],["2024-01",161023.0],["2024-02",173185.0],["2024-03",198953.0],["2024-04",194099.0],["2024-05",203500.0],["2024-06",197974.0],["2024-07",200591.0],["2024-08",212560.0],["2024-09",203048.0],["2024-10",188487.0],["2024-11",186493.0],["2024-12",188431.0],["2025-01",178588.0],["2025-02",179468.0]]},{"city":"Highfill","core":false,"tax_total":172011.0,"tax_change_pct":27.48,"tax_flag":false,"units":23.0,"units_change_pct":21.05,"units_per_1k":14.5,"growth_score":40,"spark":[["2023-03",94063.0],["2023-04",99891.0],["2023-05",80586.0],["2023-06",109540.0],["2023-07",107995.0],["2023-08",148083.0],["2023-09",172066.0],["2023-10",166399.0],["2023-11",167767.0],["2023-12",117941.0],["2024-01",122880.0],["2024-02",134933.0],["2024-03",175620.0],["2024-04",182847.0],["2024-05",206964.0],["2024-06",196328.0],["2024-07",190340.0],["2024-08",204288.0],["2024-09",196142.0],["2024-10",228240.0],["2024-11",175792.0],["2024-12",183633.0],["2025-01",162371.0],["2025-02",172011.0]]},{"city":"Johnson","core":false,"tax_total":170012.0,"tax_change_pct":0.09,"tax_flag":false,"units":0,"units_change_pct":null,"units_per_1k":null,"growth_score":69,"spark":[["2023-03",166737.0],["2023-04",196898.0],["2023-05",198487.0],["2023-06",184188.0],["2023-07",170479.0],["2023-08",166837.0],["2023-09",166843.0],["2023-10",187171.0],["2023-11",192181.0],["2023-12",188555.0],["2024-01",159164.0],["2024-02",169861.0],["2024-03",178296.0],["2024-04",177306.0],["2024-05",203652.0],["2024-06",171011.0],["2024-07",211665.0],["2024-08",239611.0],["2024-09",216931.0],["2024-10",206983.0],["2024-11",196854.0],["2024-12",208747.0],["2025-01",185987.0],["2025-02",170012.0]]},{"city":"Cave Springs","core":false,"tax_total":167544.0,"tax_change_pct":-1.53,"tax_flag":false,"units":8.0,"units_change_pct":null,"units_per_1k":1.4,"growth_score":71,"spark":[["2023-03",158840.0],["2023-04",164483.0],["2023-05",151182.0],["2023-06",162630.0],["2023-07",168573.0],["2023-08",180291.0],["2023-09",170936.0],["2023-10",188323.0],["2023-11",201754.0],["2023-12",222886.0],["2024-01",165284.0],["2024-02",170140.0],["2024-03",183145.0],["2024-04",187060.0],["2024-05",168705.0],["2024-06",167055.0],["2024-07",185453.0],["2024-08",212349.0],["2024-09",166569.0],["2024-10",181752.0],["2024-11",194667.0],["2024-12",217620.0],["2025-01",179747.0],["2025-02",167544.0]]},{"city":"Elkins","core":false,"tax_total":166934.0,"tax_change_pct":0.91,"tax_flag":false,"units":3.0,"units_change_pct":null,"units_per_1k":0.8,"growth_score":48,"spark":[["2023-03",152793.0],["2023-04",167308.0],["2023-05",170837.0],["2023-06",169991.0],["2023-07",164665.0],["2023-08",163074.0],["2023-09",170063.0],["2023-10",170156.0],["2023-11",171349.0],["2023-12",171000.0],["2024-01",154895.0],["2024-02",165436.0],["2024-03",162507.0],["2024-04",156646.0],["2024-05",172541.0],["2024-06",174909.0],["2024-07",177168.0],["2024-08",167621.0],["2024-09",176339.0],["2024-10",172761.0],["2024-11",168839.0],["2024-12",200638.0],["2025-01",162216.0],["2025-02",166934.0]]},{"city":"Gravette","core":false,"tax_total":128022.0,"tax_change_pct":-0.09,"tax_flag":false,"units":4.0,"units_change_pct":null,"units_per_1k":1.1,"growth_score":40,"spark":[["2023-03",139767.0],["2023-04",134635.0],["2023-05",136928.0],["2023-06",134584.0],["2023-07",143786.0],["2023-08",145738.0],["2023-09",151931.0],["2023-10",132819.0],["2023-11",334316.0],["2023-12",147710.0],["2024-01",127569.0],["2024-02",128139.0],["2024-03",149300.0],["2024-04",197512.0],["2024-05",141434.0],["2024-06",141810.0],["2024-07",138760.0],["2024-08",147622.0],["2024-09",141831.0],["2024-10",146198.0],["2024-11",145239.0],["2024-12",161362.0],["2025-01",132785.0],["2025-02",128022.0]]},{"city":"Lincoln","core":false,"tax_total":108434.0,"tax_change_pct":8.08,"tax_flag":false,"units":0,"units_change_pct":null,"units_per_1k":null,"growth_score":37,"spark":[["2023-03",109473.0],["2023-04",105467.0],["2023-05",102950.0],["2023-06",119886.0],["2023-07",108731.0],["2023-08",105455.0],["2023-09",98874.0],["2023-10",100464.0],["2023-11",99017.0],["2023-12",100569.0],["2024-01",99705.0],["2024-02",100325.0],["2024-03",115766.0],["2024-04",110853.0],["2024-05",96857.0],["2024-06",124532.0],["2024-07",109443.0],["2024-08",108487.0],["2024-09",106941.0],["2024-10",103732.0],["2024-11",114799.0],["2024-12",117060.0],["2025-01",105494.0],["2025-02",108434.0]]},{"city":"West Fork","core":false,"tax_total":93309.0,"tax_change_pct":-0.57,"tax_flag":false,"units":0,"units_change_pct":null,"units_per_1k":null,"growth_score":12,"spark":[["2023-03",96903.0],["2023-04",99008.0],["2023-05",95889.0],["2023-06",94246.0],["2023-07",105016.0],["2023-08",99800.0],["2023-09",98533.0],["2023-10",93888.0],["2023-11",94854.0],["2023-12",109048.0],["2024-01",95502.0],["2024-02",93843.0],["2024-03",107042.0],["2024-04",91797.0],["2024-05",90499.0],["2024-06",101245.0],["2024-07",94810.0],["2024-08",97592.0],["2024-09",98756.0],["2024-10",151562.0],["2024-11",130352.0],["2024-12",119002.0],["2025-01",101399.0],["2025-02",93309.0]]},{"city":"Greenland","core":false,"tax_total":59546.0,"tax_change_pct":-0.73,"tax_flag":false,"units":1.0,"units_change_pct":null,"units_per_1k":0.6,"growth_score":32,"spark":[["2023-03",51975.0],["2023-04",56419.0],["2023-05",56418.0],["2023-06",50858.0],["2023-07",58230.0],["2023-08",55424.0],["2023-09",55578.0],["2023-10",50035.0],["2023-11",50858.0],["2023-12",52021.0],["2024-01",49657.0],["2024-02",59982.0],["2024-03",52160.0],["2024-04",54908.0],["2024-05",61693.0],["2024-06",55693.0],["2024-07",61853.0],["2024-08",60389.0],["2024-09",70663.0],["2024-10",85134.0],["2024-11",70311.0],["2024-12",62030.0],["2025-01",60047.0],["2025-02",59546.0]]},{"city":"Decatur","core":false,"tax_total":46832.0,"tax_change_pct":-10.85,"tax_flag":false,"units":0,"units_change_pct":null,"units_per_1k":null,"growth_score":50,"spark":[["2023-03",28068.0],["2023-04",48066.0],["2023-05",45371.0],["2023-06",53213.0],["2023-07",44083.0],["2023-08",53920.0],["2023-09",51524.0],["2023-10",38744.0],["2023-11",41129.0],["2023-12",53477.0],["2024-01",46951.0],["2024-02",52530.0],["2024-03",46274.0],["2024-04",41214.0],["2024-05",47192.0],["2024-06",42953.0],["2024-07",53583.0],["2024-08",53233.0],["2024-09",49805.0],["2024-10",60542.0],["2024-11",44782.0],["2024-12",54588.0],["2025-01",54055.0],["2025-02",46832.0]]},{"city":"Goshen","core":false,"tax_total":39155.0,"tax_change_pct":-6.83,"tax_flag":false,"units":2.0,"units_change_pct":null,"units_per_1k":1.0,"growth_score":38,"spark":[["2023-03",34609.0],["2023-04",34832.0],["2023-05",40818.0],["2023-06",39193.0],["2023-07",37245.0],["2023-08",38868.0],["2023-09",39283.0],["2023-10",42125.0],["2023-11",42012.0],["2023-12",43706.0],["2024-01",35495.0],["2024-02",42027.0],["2024-03",38054.0],["2024-04",37455.0],["2024-05",39747.0],["2024-06",40367.0],["2024-07",48756.0],["2024-08",46580.0],["2024-09",44486.0],["2024-10",40623.0],["2024-11",45925.0],["2024-12",50879.0],["2025-01",42104.0],["2025-02",39155.0]]},{"city":"Garfield","core":false,"tax_total":24490.0,"tax_change_pct":4.59,"tax_flag":false,"units":0,"units_change_pct":null,"units_per_1k":null,"growth_score":45,"spark":[["2023-03",24249.0],["2023-04",22795.0],["2023-05",24944.0],["2023-06",23703.0],["2023-07",26109.0],["2023-08",27254.0],["2023-09",26410.0],["2023-10",26529.0],["2023-11",24124.0],["2023-12",26496.0],["2024-01",30235.0],["2024-02",23416.0],["2024-03",24091.0],["2024-04",25138.0],["2024-05",25371.0],["2024-06",28537.0],["2024-07",27771.0],["2024-08",29280.0],["2024-09",29279.0],["2024-10",30716.0],["2024-11",24871.0],["2024-12",29499.0],["2025-01",26043.0],["2025-02",24490.0]]},{"city":"Little Flock","core":false,"tax_total":23505.0,"tax_change_pct":18.34,"tax_flag":false,"units":0,"units_change_pct":null,"units_per_1k":null,"growth_score":37,"spark":[["2023-03",24319.0],["2023-04",24504.0],["2023-05",24218.0],["2023-06",23458.0],["2023-07",20489.0],["2023-08",20312.0],["2023-09",21174.0],["2023-10",20926.0],["2023-11",27732.0],["2023-12",37216.0],["2024-01",21836.0],["2024-02",19863.0],["2024-03",20288.0],["2024-04",26719.0],["2024-05",21911.0],["2024-06",26542.0],["2024-07",24347.0],["2024-08",28832.0],["2024-09",23619.0],["2024-10",24019.0],["2024-11",27065.0],["2024-12",20172.0],["2025-01",25090.0],["2025-02",23505.0]]},{"city":"Elm Springs","core":false,"tax_total":15927.0,"tax_change_pct":-23.33,"tax_flag":false,"units":1.0,"units_change_pct":null,"units_per_1k":0.4,"growth_score":61,"spark":[["2023-03",23323.0],["2023-04",21245.0],["2023-05",20020.0],["2023-06",19794.0],["2023-07",19358.0],["2023-08",22452.0],["2023-09",22516.0],["2023-10",23457.0],["2023-11",26680.0],["2023-12",21054.0],["2024-01",18619.0],["2024-02",20773.0],["2024-03",21825.0],["2024-04",22809.0],["2024-05",22726.0],["2024-06",29881.0],["2024-07",30849.0],["2024-08",28290.0],["2024-09",25845.0],["2024-10",22254.0],["2024-11",25356.0],["2024-12",29004.0],["2025-01",5190.0],["2025-02",15927.0]]},{"city":"Winslow","core":false,"tax_total":11847.0,"tax_change_pct":21.98,"tax_flag":false,"units":null,"units_change_pct":null,"units_per_1k":null,"growth_score":14,"spark":[["2023-03",13152.0],["2023-04",9237.0],["2023-05",10722.0],["2023-06",11872.0],["2023-07",13530.0],["2023-08",12564.0],["2023-09",38605.0],["2023-10",13806.0],["2023-11",19236.0],["2023-12",15380.0],["2024-01",10636.0],["2024-02",9712.0],["2024-03",13848.0],["2024-04",14012.0],["2024-05",11692.0],["2024-06",16358.0],["2024-07",28399.0],["2024-08",11608.0],["2024-09",12467.0],["2024-10",12382.0],["2024-11",11198.0],["2024-12",14118.0],["2025-01",11667.0],["2025-02",11847.0]]},{"city":"Avoca","core":false,"tax_total":11567.0,"tax_change_pct":-14.54,"tax_flag":false,"units":1.0,"units_change_pct":null,"units_per_1k":2.1,"growth_score":47,"spark":[["2023-03",13741.0],["2023-04",12774.0],["2023-05",15981.0],["2023-06",8515.0],["2023-07",15046.0],["2023-08",13073.0],["2023-09",17215.0],["2023-10",8484.0],["2023-11",12326.0],["2023-12",18919.0],["2024-01",12265.0],["2024-02",13535.0],["2024-03",14702.0],["2024-04",11312.0],["2024-05",11688.0],["2024-06",18528.0],["2024-07",13544.0],["2024-08",12295.0],["2024-09",12359.0],["2024-10",13683.0],["2024-11",11811.0],["2024-12",14691.0],["2025-01",9975.0],["2025-02",11567.0]]},{"city":"Sulphur Springs","core":false,"tax_total":10566.0,"tax_change_pct":20.89,"tax_flag":false,"units":0,"units_change_pct":null,"units_per_1k":null,"growth_score":20,"spark":[["2023-03",4333.0],["2023-04",4291.0],["2023-05",3855.0],["2023-06",4637.0],["2023-07",4539.0],["2023-08",3441.0],["2023-09",4334.0],["2023-10",4348.0],["2023-11",4297.0],["2023-12",4287.0],["2024-01",8247.0],["2024-02",8740.0],["2024-03",8540.0],["2024-04",7799.0],["2024-05",7964.0],["2024-06",10094.0],["2024-07",7930.0],["2024-08",8027.0],["2024-09",10896.0],["2024-10",18068.0],["2024-11",9861.0],["2024-12",10144.0],["2025-01",6253.0],["2025-02",10566.0]]},{"city":"Springtown","core":false,"tax_total":1775.0,"tax_change_pct":140.19,"tax_flag":true,"units":null,"units_change_pct":null,"units_per_1k":null,"growth_score":54,"spark":[["2023-03",1121.0],["2023-04",343.0],["2023-05",325.0],["2023-06",389.0],["2023-07",270.0],["2023-08",294.0],["2023-09",581.0],["2023-10",426.0],["2023-11",664.0],["2023-12",518.0],["2024-01",472.0],["2024-02",739.0],["2024-03",1908.0],["2024-04",347.0],["2024-05",1438.0],["2024-06",660.0],["2024-07",450.0],["2024-08",510.0],["2024-09",1239.0],["2024-10",434.0],["2024-11",460.0],["2024-12",662.0],["2025-01",798.0],["2025-02",1775.0]]}],"calendar":{"meetings":0,"items":0,"cities":[]},"broker_reported":[],"jobs":{"month":"2025-02","compare_month":"2024-02","total_k":298.4,"total_change_k":8.5,"total_change_pct":2.93,"gainers":[{"industry":"Professional & business services","jobs_k":63.5,"change_k":3.9,"change_pct":6.54},{"industry":"Education & health","jobs_k":37.2,"change_k":1.5,"change_pct":4.2},{"industry":"Leisure & hospitality","jobs_k":31.3,"change_k":1.2,"change_pct":3.99}],"losers":[{"industry":"Transportation & utilities","jobs_k":18.3,"change_k":-0.4,"change_pct":-2.14},{"industry":"Government","jobs_k":34.6,"change_k":-0.1,"change_pct":-0.29}],"industries":[{"industry":"Professional & business services","jobs_k":63.5,"change_k":3.9,"change_pct":6.54},{"industry":"Education & health","jobs_k":37.2,"change_k":1.5,"change_pct":4.2},{"industry":"Leisure & hospitality","jobs_k":31.3,"change_k":1.2,"change_pct":3.99},{"industry":"Mining, logging & construction","jobs_k":18.2,"change_k":1.1,"change_pct":6.43},{"industry":"Other services","jobs_k":11.4,"change_k":0.4,"change_pct":3.64},{"industry":"Financial activities","jobs_k":10.8,"change_k":0.3,"change_pct":2.86},{"industry":"Manufacturing","jobs_k":27.9,"change_k":0.2,"change_pct":0.72},{"industry":"Retail trade","jobs_k":28.5,"change_k":0.2,"change_pct":0.71},{"industry":"Information","jobs_k":2.6,"change_k":0.2,"change_pct":8.33},{"industry":"Wholesale trade","jobs_k":14.1,"change_k":0.0,"change_pct":0.0},{"industry":"Government","jobs_k":34.6,"change_k":-0.1,"change_pct":-0.29},{"industry":"Transportation & utilities","jobs_k":18.3,"change_k":-0.4,"change_pct":-2.14}]},"new_business":{"months":1,"ar_all":2863,"ar_all_change_pct":-6.62,"ar_likely_employers":957,"ar_likely_employers_change_pct":-6.08},"lending":null,"home_values":null,"growth":{"through":"2025-02","rows":[{"city":"Bella Vista","growth_now":9.6,"growth_prev":4.9,"reading":"speeding up","share_now":3.4,"share_prev":3.2},{"city":"Springdale","growth_now":6.6,"growth_prev":0.5,"reading":"speeding up","share_now":20.1,"share_prev":19.3},{"city":"Fayetteville","growth_now":2.2,"growth_prev":2.9,"reading":"steady","share_now":25.6,"share_prev":25.6},{"city":"Siloam Springs","growth_now":2.0,"growth_prev":3.5,"reading":"steady","share_now":4.9,"share_prev":4.9},{"city":"Rogers","growth_now":1.8,"growth_prev":8.8,"reading":"slowing","share_now":24.1,"share_prev":24.2},{"city":"Bentonville","growth_now":-2.1,"growth_prev":16.4,"reading":"slowing","share_now":21.8,"share_prev":22.7}]},"home_market":null,"takeaways":["Local sales-tax receipts across 30 NWA cities (excluding 1 with a likely new or changed local tax) rose 0.6% versus the same period a year earlier. Receipts totaled $23.2M across all 31 reporting cities.","Among the Core cities, Bella Vista led at +7.1% and Siloam Springs trailed at -7.2%.","The fastest register growth was outside the Core: Highfill at +27.5%.","1 city shows a move large enough to reflect a new or changed local tax rather than spending (Springtown); they are marked in the table and left out of the rankings above.","Builders pulled permits for 583 residential units region-wide, up 4.6% year over year.","The 30-year mortgage rate averaged 6.84% in the period, 7 basis points higher than a year earlier.","Employed residents in the NWA metro averaged 300,131 in the period, up 3.0% from a year earlier.","Momentum at period end (12-month sales-tax growth vs a year earlier): speeding up in Bella Vista, Springdale; slowing in Rogers, Bentonville.","The metro counted 298,400 jobs in February 2025, up 8,500 from February 2024; professional & business services added the most (+3,900), transportation & utilities shed the most (-400) (BLS, preliminary for recent months)."]}