{"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":"quarterly","slug":"2025-q4","label":"Q4 2025","start":"2025-10","end":"2025-12","mode":"yoy","units_complete_through":"2026-08","sales_tax":{"region":{"total":83886754.0,"cities":31,"comparable_cities":29,"flagged_cities":2,"change_pct":0.55},"rows":[{"city":"Springtown","total":5467.0,"prev":1556.0,"change_pct":251.35,"small_base":false,"flag":true,"rank":1},{"city":"Greenland","total":357258.0,"prev":217475.0,"change_pct":64.28,"small_base":false,"flag":true,"rank":2},{"city":"Cave Springs","total":751146.0,"prev":594039.0,"change_pct":26.45,"small_base":false,"flag":false,"rank":3},{"city":"Gravette","total":571831.0,"prev":452799.0,"change_pct":26.29,"small_base":false,"flag":false,"rank":4},{"city":"Little Flock","total":88938.0,"prev":71256.0,"change_pct":24.81,"small_base":false,"flag":false,"rank":5},{"city":"Elm Springs","total":94858.0,"prev":76614.0,"change_pct":23.81,"small_base":false,"flag":false,"rank":6},{"city":"Johnson","total":715311.0,"prev":612584.0,"change_pct":16.77,"small_base":false,"flag":false,"rank":7},{"city":"Tontitown","total":1726943.0,"prev":1504278.0,"change_pct":14.8,"small_base":false,"flag":false,"rank":8},{"city":"Goshen","total":156641.0,"prev":137427.0,"change_pct":13.98,"small_base":false,"flag":false,"rank":9},{"city":"Lowell","total":2418583.0,"prev":2130250.0,"change_pct":13.54,"small_base":false,"flag":false,"rank":10},{"city":"Highfill","total":642787.0,"prev":587665.0,"change_pct":9.38,"small_base":false,"flag":false,"rank":11},{"city":"Siloam Springs","total":3550149.0,"prev":3251349.0,"change_pct":9.19,"small_base":false,"flag":false,"rank":12},{"city":"Elkins","total":590663.0,"prev":542238.0,"change_pct":8.93,"small_base":false,"flag":false,"rank":13},{"city":"Bella Vista","total":2584516.0,"prev":2393920.0,"change_pct":7.96,"small_base":false,"flag":false,"rank":14},{"city":"Lincoln","total":359824.0,"prev":335591.0,"change_pct":7.22,"small_base":false,"flag":false,"rank":15},{"city":"Prairie Grove","total":927640.0,"prev":868248.0,"change_pct":6.84,"small_base":false,"flag":false,"rank":16},{"city":"Winslow","total":39287.0,"prev":37698.0,"change_pct":4.22,"small_base":false,"flag":false,"rank":17},{"city":"Garfield","total":88246.0,"prev":85086.0,"change_pct":3.71,"small_base":false,"flag":false,"rank":18},{"city":"Eureka Springs","total":1100808.0,"prev":1071421.0,"change_pct":2.74,"small_base":false,"flag":false,"rank":19},{"city":"Centerton","total":1935492.0,"prev":1889407.0,"change_pct":2.44,"small_base":false,"flag":false,"rank":20},{"city":"Fayetteville","total":18317338.0,"prev":17942022.0,"change_pct":2.09,"small_base":false,"flag":false,"rank":21},{"city":"Pea Ridge","total":1041027.0,"prev":1026539.0,"change_pct":1.41,"small_base":false,"flag":false,"rank":22},{"city":"Rogers","total":17119957.0,"prev":17069462.0,"change_pct":0.3,"small_base":false,"flag":false,"rank":23},{"city":"Farmington","total":1021906.0,"prev":1022875.0,"change_pct":-0.09,"small_base":false,"flag":false,"rank":24},{"city":"Springdale","total":13331737.0,"prev":13482907.0,"change_pct":-1.12,"small_base":false,"flag":false,"rank":25},{"city":"Gentry","total":538316.0,"prev":563411.0,"change_pct":-4.45,"small_base":false,"flag":false,"rank":26},{"city":"Avoca","total":37565.0,"prev":40185.0,"change_pct":-6.52,"small_base":false,"flag":false,"rank":27},{"city":"Bentonville","total":13281787.0,"prev":14682117.0,"change_pct":-9.54,"small_base":false,"flag":false,"rank":28},{"city":"Decatur","total":135696.0,"prev":159912.0,"change_pct":-15.14,"small_base":false,"flag":false,"rank":29},{"city":"West Fork","total":324818.0,"prev":400916.0,"change_pct":-18.98,"small_base":false,"flag":false,"rank":30},{"city":"Sulphur Springs","total":30219.0,"prev":38073.0,"change_pct":-20.63,"small_base":false,"flag":false,"rank":31}]},"housing":{"region":{"total":1951.0,"cities":28,"comparable_cities":16,"flagged_cities":0,"change_pct":-5.32},"rows":[{"city":"Lowell","total":56.0,"prev":11.0,"change_pct":409.09,"small_base":false,"flag":false,"rank":1},{"city":"Farmington","total":50.0,"prev":18.0,"change_pct":177.78,"small_base":false,"flag":false,"rank":2},{"city":"Bentonville","total":780.0,"prev":289.0,"change_pct":169.9,"small_base":false,"flag":false,"rank":3},{"city":"Gentry","total":45.0,"prev":21.0,"change_pct":114.29,"small_base":false,"flag":false,"rank":4},{"city":"Rogers","total":173.0,"prev":92.0,"change_pct":88.04,"small_base":false,"flag":false,"rank":5},{"city":"Prairie Grove","total":21.0,"prev":15.0,"change_pct":40.0,"small_base":false,"flag":false,"rank":6},{"city":"Centerton","total":96.0,"prev":91.0,"change_pct":5.49,"small_base":false,"flag":false,"rank":7},{"city":"Pea Ridge","total":96.0,"prev":122.0,"change_pct":-21.31,"small_base":false,"flag":false,"rank":8},{"city":"Siloam Springs","total":46.0,"prev":59.0,"change_pct":-22.03,"small_base":false,"flag":false,"rank":9},{"city":"Bella Vista","total":179.0,"prev":236.0,"change_pct":-24.15,"small_base":false,"flag":false,"rank":10},{"city":"Springdale","total":97.0,"prev":164.0,"change_pct":-40.85,"small_base":false,"flag":false,"rank":11},{"city":"Tontitown","total":13.0,"prev":23.0,"change_pct":-43.48,"small_base":false,"flag":false,"rank":12},{"city":"Cave Springs","total":9.0,"prev":16.0,"change_pct":-43.75,"small_base":false,"flag":false,"rank":13},{"city":"Fayetteville","total":232.0,"prev":758.0,"change_pct":-69.39,"small_base":false,"flag":false,"rank":14},{"city":"Highfill","total":11.0,"prev":81.0,"change_pct":-86.42,"small_base":false,"flag":false,"rank":15},{"city":"Elkins","total":2.0,"prev":17.0,"change_pct":-88.24,"small_base":false,"flag":false,"rank":16},{"city":"Avoca","total":4.0,"prev":1.0,"change_pct":null,"small_base":true,"flag":false},{"city":"Decatur","total":15.0,"prev":0,"change_pct":null,"small_base":true,"flag":false},{"city":"Elm Springs","total":0,"prev":1.0,"change_pct":null,"small_base":true,"flag":false},{"city":"Garfield","total":2.0,"prev":null,"change_pct":null,"small_base":false,"flag":false},{"city":"Goshen","total":3.0,"prev":2.0,"change_pct":null,"small_base":true,"flag":false},{"city":"Gravette","total":5.0,"prev":6.0,"change_pct":null,"small_base":true,"flag":false},{"city":"Greenland","total":0,"prev":1.0,"change_pct":null,"small_base":true,"flag":false},{"city":"Johnson","total":1.0,"prev":1.0,"change_pct":null,"small_base":true,"flag":false},{"city":"Lincoln","total":1.0,"prev":1.0,"change_pct":null,"small_base":true,"flag":false},{"city":"Little Flock","total":12.0,"prev":1.0,"change_pct":null,"small_base":true,"flag":false},{"city":"Sulphur Springs","total":0,"prev":2.0,"change_pct":null,"small_base":true,"flag":false},{"city":"West Fork","total":2.0,"prev":0,"change_pct":null,"small_base":true,"flag":false}]},"rates":{"mortgage30_avg":6.226,"treasury10_avg":4.1,"mortgage30_change_bp":-41},"economy":{"employed_avg":310901,"employed_change_pct":3.63,"hpi_quarter":"2025-Q4","hpi_change_pct":4.86,"unemployment_nwa":3.4,"unemployment_us":4.45},"monthly_region_tax":[["2025-10",27282074.0],["2025-11",26605968.0],["2025-12",29998712.0]],"monthly_region_tax_prev":[["2025-10",26910159.0],["2025-11",26387410.0],["2025-12",29991751.0]],"annual_region_tax":null,"same_cities":31,"capital":{"treasury2_avg":3.522,"cre_loans_billions":3060.3,"cre_loans_date":"2025-12-31","cre_loans_yoy_pct":2.01,"cre_delinquency_pct":1.58,"cre_delinquency_quarter":"2025-Q4"},"trend":{"sales_tax":"rising","units":"rising","mortgage30":"falling","employed":"rising","windows":["2025-01..2025-03","2025-04..2025-06","2025-07..2025-09","2025-10..2025-12"]},"permits":{"covered":false,"records_from":"2026-04-01","records_through":"2026-08-31"},"city_stats":[{"city":"Fayetteville","core":true,"tax_total":18317338.0,"tax_change_pct":2.09,"tax_flag":false,"units":232.0,"units_change_pct":-69.39,"units_per_1k":2.5,"growth_score":56,"spark":[["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],["2025-03",5973014.0],["2025-04",5734571.0],["2025-05",5747917.0],["2025-06",5786392.0],["2025-07",5625117.0],["2025-08",6105820.0],["2025-09",6110934.0],["2025-10",6038960.0],["2025-11",5775916.0],["2025-12",6502462.0]]},{"city":"Rogers","core":true,"tax_total":17119957.0,"tax_change_pct":0.3,"tax_flag":false,"units":173.0,"units_change_pct":88.04,"units_per_1k":2.5,"growth_score":43,"spark":[["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],["2025-03",5529264.0],["2025-04",5498213.0],["2025-05",5648465.0],["2025-06",5691829.0],["2025-07",5481578.0],["2025-08",5420779.0],["2025-09",5431598.0],["2025-10",5422066.0],["2025-11",5345886.0],["2025-12",6352005.0]]},{"city":"Springdale","core":true,"tax_total":13331737.0,"tax_change_pct":-1.12,"tax_flag":false,"units":97.0,"units_change_pct":-40.85,"units_per_1k":1.1,"growth_score":32,"spark":[["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],["2025-03",4522925.0],["2025-04",4464516.0],["2025-05",4626209.0],["2025-06",4540071.0],["2025-07",4733204.0],["2025-08",4773354.0],["2025-09",4150226.0],["2025-10",4316532.0],["2025-11",4213063.0],["2025-12",4802142.0]]},{"city":"Bentonville","core":true,"tax_total":13281787.0,"tax_change_pct":-9.54,"tax_flag":false,"units":780.0,"units_change_pct":169.9,"units_per_1k":14.4,"growth_score":57,"spark":[["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],["2025-03",1312491.0],["2025-04",4763444.0],["2025-05",3878275.0],["2025-06",4555709.0],["2025-07",4173323.0],["2025-08",4750859.0],["2025-09",4062163.0],["2025-10",4377556.0],["2025-11",4210836.0],["2025-12",4693395.0]]},{"city":"Siloam Springs","core":true,"tax_total":3550149.0,"tax_change_pct":9.19,"tax_flag":false,"units":46.0,"units_change_pct":-22.03,"units_per_1k":2.6,"growth_score":49,"spark":[["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],["2025-03",1193814.0],["2025-04",1069272.0],["2025-05",1189315.0],["2025-06",1180511.0],["2025-07",1236966.0],["2025-08",1194514.0],["2025-09",1150726.0],["2025-10",1128496.0],["2025-11",1151732.0],["2025-12",1269921.0]]},{"city":"Bella Vista","core":true,"tax_total":2584516.0,"tax_change_pct":7.96,"tax_flag":false,"units":179.0,"units_change_pct":-24.15,"units_per_1k":5.9,"growth_score":60,"spark":[["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],["2025-03",855947.0],["2025-04",804616.0],["2025-05",832583.0],["2025-06",821375.0],["2025-07",849961.0],["2025-08",806812.0],["2025-09",845569.0],["2025-10",816571.0],["2025-11",831881.0],["2025-12",936064.0]]},{"city":"Lowell","core":false,"tax_total":2418583.0,"tax_change_pct":13.54,"tax_flag":false,"units":56.0,"units_change_pct":409.09,"units_per_1k":5.7,"growth_score":56,"spark":[["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],["2025-03",983421.0],["2025-04",704356.0],["2025-05",721903.0],["2025-06",738411.0],["2025-07",801914.0],["2025-08",776413.0],["2025-09",795449.0],["2025-10",791129.0],["2025-11",834175.0],["2025-12",793279.0]]},{"city":"Centerton","core":false,"tax_total":1935492.0,"tax_change_pct":2.44,"tax_flag":false,"units":96.0,"units_change_pct":5.49,"units_per_1k":5.4,"growth_score":59,"spark":[["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],["2025-03",620827.0],["2025-04",576732.0],["2025-05",553512.0],["2025-06",592386.0],["2025-07",612506.0],["2025-08",633023.0],["2025-09",667193.0],["2025-10",645068.0],["2025-11",627554.0],["2025-12",662870.0]]},{"city":"Tontitown","core":false,"tax_total":1726943.0,"tax_change_pct":14.8,"tax_flag":false,"units":13.0,"units_change_pct":-43.48,"units_per_1k":3.0,"growth_score":67,"spark":[["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],["2025-03",521706.0],["2025-04",589151.0],["2025-05",556790.0],["2025-06",700985.0],["2025-07",644246.0],["2025-08",517147.0],["2025-09",558126.0],["2025-10",563307.0],["2025-11",567356.0],["2025-12",596280.0]]},{"city":"Eureka Springs","core":false,"tax_total":1100808.0,"tax_change_pct":2.74,"tax_flag":false,"units":null,"units_change_pct":null,"units_per_1k":null,"growth_score":null,"spark":[["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],["2025-03",382485.0],["2025-04",318610.0],["2025-05",374246.0],["2025-06",399490.0],["2025-07",418430.0],["2025-08",381410.0],["2025-09",368808.0],["2025-10",423175.0],["2025-11",356871.0],["2025-12",320762.0]]},{"city":"Pea Ridge","core":false,"tax_total":1041027.0,"tax_change_pct":1.41,"tax_flag":false,"units":96.0,"units_change_pct":-21.31,"units_per_1k":14.5,"growth_score":77,"spark":[["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],["2025-03",375781.0],["2025-04",367229.0],["2025-05",365486.0],["2025-06",358949.0],["2025-07",368975.0],["2025-08",366579.0],["2025-09",351465.0],["2025-10",321453.0],["2025-11",340669.0],["2025-12",378905.0]]},{"city":"Farmington","core":false,"tax_total":1021906.0,"tax_change_pct":-0.09,"tax_flag":false,"units":50.0,"units_change_pct":177.78,"units_per_1k":6.6,"growth_score":60,"spark":[["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],["2025-03",328270.0],["2025-04",317177.0],["2025-05",331556.0],["2025-06",333795.0],["2025-07",338412.0],["2025-08",344201.0],["2025-09",358859.0],["2025-10",318984.0],["2025-11",328072.0],["2025-12",374850.0]]},{"city":"Prairie Grove","core":false,"tax_total":927640.0,"tax_change_pct":6.84,"tax_flag":false,"units":21.0,"units_change_pct":40.0,"units_per_1k":3.0,"growth_score":66,"spark":[["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],["2025-03",293033.0],["2025-04",268400.0],["2025-05",307388.0],["2025-06",282891.0],["2025-07",319865.0],["2025-08",311978.0],["2025-09",312240.0],["2025-10",309805.0],["2025-11",292132.0],["2025-12",325703.0]]},{"city":"Cave Springs","core":false,"tax_total":751146.0,"tax_change_pct":26.45,"tax_flag":false,"units":9.0,"units_change_pct":-43.75,"units_per_1k":1.6,"growth_score":71,"spark":[["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],["2025-03",191138.0],["2025-04",203534.0],["2025-05",207434.0],["2025-06",207011.0],["2025-07",231944.0],["2025-08",213419.0],["2025-09",229146.0],["2025-10",248022.0],["2025-11",241967.0],["2025-12",261157.0]]},{"city":"Johnson","core":false,"tax_total":715311.0,"tax_change_pct":16.77,"tax_flag":false,"units":1.0,"units_change_pct":null,"units_per_1k":0.3,"growth_score":69,"spark":[["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],["2025-03",180168.0],["2025-04",213804.0],["2025-05",195376.0],["2025-06",200077.0],["2025-07",215275.0],["2025-08",200196.0],["2025-09",216794.0],["2025-10",258931.0],["2025-11",194894.0],["2025-12",261486.0]]},{"city":"Highfill","core":false,"tax_total":642787.0,"tax_change_pct":9.38,"tax_flag":false,"units":11.0,"units_change_pct":-86.42,"units_per_1k":6.9,"growth_score":40,"spark":[["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],["2025-03",200817.0],["2025-04",226349.0],["2025-05",225632.0],["2025-06",214928.0],["2025-07",201991.0],["2025-08",193513.0],["2025-09",223122.0],["2025-10",259231.0],["2025-11",192294.0],["2025-12",191262.0]]},{"city":"Elkins","core":false,"tax_total":590663.0,"tax_change_pct":8.93,"tax_flag":false,"units":2.0,"units_change_pct":-88.24,"units_per_1k":0.6,"growth_score":48,"spark":[["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],["2025-03",195025.0],["2025-04",171626.0],["2025-05",173173.0],["2025-06",239470.0],["2025-07",192365.0],["2025-08",187800.0],["2025-09",187032.0],["2025-10",180248.0],["2025-11",198107.0],["2025-12",212308.0]]},{"city":"Gravette","core":false,"tax_total":571831.0,"tax_change_pct":26.29,"tax_flag":false,"units":5.0,"units_change_pct":null,"units_per_1k":1.4,"growth_score":40,"spark":[["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],["2025-03",149407.0],["2025-04",153212.0],["2025-05",161320.0],["2025-06",147839.0],["2025-07",159553.0],["2025-08",161657.0],["2025-09",157125.0],["2025-10",149643.0],["2025-11",153175.0],["2025-12",269013.0]]},{"city":"Gentry","core":false,"tax_total":538316.0,"tax_change_pct":-4.45,"tax_flag":false,"units":45.0,"units_change_pct":114.29,"units_per_1k":11.8,"growth_score":54,"spark":[["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],["2025-03",205516.0],["2025-04",183147.0],["2025-05",224748.0],["2025-06",204653.0],["2025-07",229326.0],["2025-08",187817.0],["2025-09",194084.0],["2025-10",185219.0],["2025-11",175690.0],["2025-12",177407.0]]},{"city":"Lincoln","core":false,"tax_total":359824.0,"tax_change_pct":7.22,"tax_flag":false,"units":1.0,"units_change_pct":null,"units_per_1k":0.4,"growth_score":37,"spark":[["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],["2025-03",130304.0],["2025-04",119856.0],["2025-05",122678.0],["2025-06",122977.0],["2025-07",115901.0],["2025-08",122040.0],["2025-09",118640.0],["2025-10",116014.0],["2025-11",124492.0],["2025-12",119318.0]]},{"city":"Greenland","core":false,"tax_total":357258.0,"tax_change_pct":64.28,"tax_flag":true,"units":0,"units_change_pct":null,"units_per_1k":null,"growth_score":32,"spark":[["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],["2025-03",77659.0],["2025-04",104377.0],["2025-05",113062.0],["2025-06",108661.0],["2025-07",136647.0],["2025-08",108498.0],["2025-09",114317.0],["2025-10",116642.0],["2025-11",112104.0],["2025-12",128512.0]]},{"city":"West Fork","core":false,"tax_total":324818.0,"tax_change_pct":-18.98,"tax_flag":false,"units":2.0,"units_change_pct":null,"units_per_1k":0.9,"growth_score":12,"spark":[["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],["2025-03",115547.0],["2025-04",102992.0],["2025-05",104089.0],["2025-06",109244.0],["2025-07",107167.0],["2025-08",84328.0],["2025-09",95666.0],["2025-10",96721.0],["2025-11",113698.0],["2025-12",114399.0]]},{"city":"Goshen","core":false,"tax_total":156641.0,"tax_change_pct":13.98,"tax_flag":false,"units":3.0,"units_change_pct":null,"units_per_1k":1.4,"growth_score":38,"spark":[["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],["2025-03",46188.0],["2025-04",39803.0],["2025-05",44865.0],["2025-06",43688.0],["2025-07",48472.0],["2025-08",50107.0],["2025-09",46233.0],["2025-10",44173.0],["2025-11",52476.0],["2025-12",59992.0]]},{"city":"Decatur","core":false,"tax_total":135696.0,"tax_change_pct":-15.14,"tax_flag":false,"units":15.0,"units_change_pct":null,"units_per_1k":8.5,"growth_score":50,"spark":[["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],["2025-03",52141.0],["2025-04",50364.0],["2025-05",50198.0],["2025-06",49780.0],["2025-07",56370.0],["2025-08",50429.0],["2025-09",55238.0],["2025-10",32085.0],["2025-11",47986.0],["2025-12",55625.0]]},{"city":"Elm Springs","core":false,"tax_total":94858.0,"tax_change_pct":23.81,"tax_flag":false,"units":0,"units_change_pct":null,"units_per_1k":null,"growth_score":61,"spark":[["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],["2025-03",24453.0],["2025-04",22227.0],["2025-05",26264.0],["2025-06",24180.0],["2025-07",33475.0],["2025-08",25332.0],["2025-09",32093.0],["2025-10",28937.0],["2025-11",29371.0],["2025-12",36550.0]]},{"city":"Little Flock","core":false,"tax_total":88938.0,"tax_change_pct":24.81,"tax_flag":false,"units":12.0,"units_change_pct":null,"units_per_1k":3.9,"growth_score":37,"spark":[["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],["2025-03",27612.0],["2025-04",27851.0],["2025-05",26379.0],["2025-06",25602.0],["2025-07",26219.0],["2025-08",26488.0],["2025-09",28427.0],["2025-10",28859.0],["2025-11",29732.0],["2025-12",30347.0]]},{"city":"Garfield","core":false,"tax_total":88246.0,"tax_change_pct":3.71,"tax_flag":false,"units":2.0,"units_change_pct":null,"units_per_1k":3.4,"growth_score":45,"spark":[["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],["2025-03",32775.0],["2025-04",31874.0],["2025-05",27873.0],["2025-06",36622.0],["2025-07",32018.0],["2025-08",28233.0],["2025-09",34191.0],["2025-10",30646.0],["2025-11",27911.0],["2025-12",29689.0]]},{"city":"Winslow","core":false,"tax_total":39287.0,"tax_change_pct":4.22,"tax_flag":false,"units":null,"units_change_pct":null,"units_per_1k":null,"growth_score":14,"spark":[["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],["2025-03",15668.0],["2025-04",12025.0],["2025-05",13083.0],["2025-06",13529.0],["2025-07",12731.0],["2025-08",12279.0],["2025-09",12466.0],["2025-10",11967.0],["2025-11",12820.0],["2025-12",14500.0]]},{"city":"Avoca","core":false,"tax_total":37565.0,"tax_change_pct":-6.52,"tax_flag":false,"units":4.0,"units_change_pct":null,"units_per_1k":8.2,"growth_score":47,"spark":[["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],["2025-03",16426.0],["2025-04",13156.0],["2025-05",12557.0],["2025-06",18968.0],["2025-07",14776.0],["2025-08",12120.0],["2025-09",13737.0],["2025-10",11523.0],["2025-11",10348.0],["2025-12",15694.0]]},{"city":"Sulphur Springs","core":false,"tax_total":30219.0,"tax_change_pct":-20.63,"tax_flag":false,"units":0,"units_change_pct":null,"units_per_1k":null,"growth_score":20,"spark":[["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],["2025-03",9257.0],["2025-04",8585.0],["2025-05",7845.0],["2025-06",8308.0],["2025-07",7555.0],["2025-08",8539.0],["2025-09",10165.0],["2025-10",9705.0],["2025-11",9583.0],["2025-12",10931.0]]},{"city":"Springtown","core":false,"tax_total":5467.0,"tax_change_pct":251.35,"tax_flag":true,"units":null,"units_change_pct":null,"units_per_1k":null,"growth_score":54,"spark":[["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],["2025-03",1005.0],["2025-04",731.0],["2025-05",1607.0],["2025-06",489.0],["2025-07",567.0],["2025-08",753.0],["2025-09",548.0],["2025-10",406.0],["2025-11",3177.0],["2025-12",1884.0]]}],"calendar":{"meetings":0,"items":0,"cities":[]},"broker_reported":[{"report":"Cushman & Wakefield / Sage Partners 2025 Market Report (Northwest Arkansas)","source_url":"https://www.sagepartners.com/northwest-arkansas-cre-remains-robust/","as_of":"2025-YE","published":"2026-02","figures":[{"path":"office.vacancy_rate_sage_2025","value":4.6,"unit":"percent","printed":"4.6%"},{"path":"industrial.vacancy_rate_sage_2025","value":6.4,"unit":"percent","printed":"6.4%"},{"path":"industrial.asking_rent_sage_2025","value":9.6,"unit":"usd_per_sf","printed":"$9.60 per square foot (record)"},{"path":"retail.vacancy_rate_sage_2025","value":3.2,"unit":"percent","printed":"about 3.2%"},{"path":"multifamily.vacancy_rate_sage_2025","value":11.2,"unit":"percent","printed":"11.2%"},{"path":"multifamily.new_units_2025","value":3100,"unit":"count","printed":"more than 3,100 new units (a floor, not an exact count)"}]}],"jobs":{"month":"2025-12","compare_month":"2024-12","total_k":307.3,"total_change_k":7.5,"total_change_pct":2.5,"gainers":[{"industry":"Professional & business services","jobs_k":65.9,"change_k":3.7,"change_pct":5.95},{"industry":"Leisure & hospitality","jobs_k":33.8,"change_k":1.7,"change_pct":5.3},{"industry":"Retail trade","jobs_k":30.3,"change_k":1.0,"change_pct":3.41}],"losers":[{"industry":"Manufacturing","jobs_k":27.4,"change_k":-0.6,"change_pct":-2.14},{"industry":"Transportation & utilities","jobs_k":18.8,"change_k":-0.2,"change_pct":-1.05},{"industry":"Financial activities","jobs_k":10.9,"change_k":-0.1,"change_pct":-0.91}],"industries":[{"industry":"Professional & business services","jobs_k":65.9,"change_k":3.7,"change_pct":5.95},{"industry":"Leisure & hospitality","jobs_k":33.8,"change_k":1.7,"change_pct":5.3},{"industry":"Retail trade","jobs_k":30.3,"change_k":1.0,"change_pct":3.41},{"industry":"Government","jobs_k":35.7,"change_k":0.7,"change_pct":2.0},{"industry":"Education & health","jobs_k":37.6,"change_k":0.6,"change_pct":1.62},{"industry":"Mining, logging & construction","jobs_k":18.7,"change_k":0.3,"change_pct":1.63},{"industry":"Other services","jobs_k":11.6,"change_k":0.3,"change_pct":2.65},{"industry":"Wholesale trade","jobs_k":14.1,"change_k":0.1,"change_pct":0.71},{"industry":"Information","jobs_k":2.5,"change_k":0.0,"change_pct":0.0},{"industry":"Financial activities","jobs_k":10.9,"change_k":-0.1,"change_pct":-0.91},{"industry":"Transportation & utilities","jobs_k":18.8,"change_k":-0.2,"change_pct":-1.05},{"industry":"Manufacturing","jobs_k":27.4,"change_k":-0.6,"change_pct":-2.14}]},"new_business":{"months":3,"ar_all":11336,"ar_all_change_pct":25.47,"ar_likely_employers":2958,"ar_likely_employers_change_pct":1.51,"nwa_year":2025,"nwa":8321,"nwa_change_pct":6.9},"lending":null,"home_values":null,"growth":{"through":"2025-12","rows":[{"city":"Bella Vista","growth_now":11.3,"growth_prev":7.6,"reading":"speeding up","share_now":3.7,"share_prev":3.4},{"city":"Siloam Springs","growth_now":6.5,"growth_prev":2.8,"reading":"speeding up","share_now":5.2,"share_prev":5.0},{"city":"Fayetteville","growth_now":3.9,"growth_prev":2.3,"reading":"steady","share_now":26.5,"share_prev":25.9},{"city":"Springdale","growth_now":3.7,"growth_prev":4.6,"reading":"steady","share_now":20.4,"share_prev":20.0},{"city":"Rogers","growth_now":0.7,"growth_prev":6.8,"reading":"slowing","share_now":24.7,"share_prev":24.9},{"city":"Bentonville","growth_now":-5.1,"growth_prev":-9.6,"reading":"speeding up","share_now":19.5,"share_prev":20.9}]},"home_market":null,"takeaways":["Local sales-tax receipts across 29 NWA cities (excluding 2 with a likely new or changed local tax) rose 0.6% versus the same period a year earlier. Receipts totaled $83.9M across all 31 reporting cities.","Among the Core cities, Siloam Springs led at +9.2% and Bentonville trailed at -9.5%.","The fastest register growth was outside the Core: Cave Springs at +26.5%.","2 cities show moves large enough to reflect a new or changed local tax rather than spending (Springtown, Greenland); they are marked in the table and left out of the rankings above.","Builders pulled permits for 1,951 residential units region-wide, down 5.3% year over year.","The 30-year mortgage rate averaged 6.23% in the period, 41 basis points lower than a year earlier.","Employed residents in the NWA metro averaged 310,901 in the period, up 3.6% from a year earlier.","Momentum at period end (12-month sales-tax growth vs a year earlier): speeding up in Bella Vista, Siloam Springs, Bentonville; slowing in Rogers.","The metro counted 307,300 jobs in December 2025, up 7,500 from December 2024; professional & business services added the most (+3,700), manufacturing shed the most (-600) (BLS, preliminary for recent months)."]}