Arkansas Real Estate & Relocation Guide

Little Rock, Arkansas

Population: 184,510

Located in Pulaski County

As Arkansas' capital and largest city, Little Rock is a natural focal point for much the state has to offer - from the pleasures and opportunities of a metropolitan city, to the unspoiled scenic grandeur and outdoor recreational pursuits - Little Rock is truly a place unique in all the world. Little Rock is the largest city in the state with a population of nearly 200,000. According to the U.S. Bureau of the Census the median age is 32.7 years.
 
Forbes Magazine recently listed
Little Rock as being among the top 25 housing markets in the country. Older
houses line the city's traditional neighborhoods and newer houses adorn the
most recent developments, including a new solar-energy neighborhood.
Apartments in the area range from efficiency to luxury and from garden style
to high-rise, with a varied price range from as low as $50,000 to over
$1,000,000 in the more posh and prestigious areas.
 
The Arkansas sales tax is 6.25 percent of gross receipts from the sales of
tangible personal property and certain selected services. Resident
individuals estates and trusts, and nonresident individuals, estates and
trusts deriving income from within the state are subject to a tax on their
net income.
 
Little Rock is also headquarters for the state's financial industry-banks,
investment firms and insurance companies. In addition, 28 Fortune 500
companies operate in the Little Rock/North Little Rock Metropolitan
Statistical Area.
 
During these turbulent economic times, new employers continue to come to
Little Rock each year, resulting in considerable job gains, especially in
the city¹s growing wind energy industry. There are approximately 80 arriving
and departing flights from Little Rock National Airport daily, and about 90
percent of these flights are jet service.

The Little Rock medical corridor is easily accessible by city street,
interstate and public transit. Area health care is state of the art offering
over 20 hospitals with 5300 beds and 43 nursing homes. The metropolitan area
has more than 15,000 licensed health professionals.

Educational facilities in Little Rock range from pre-kindergarten to
graduate institutions. The Little Rock School District consistently produces
first-rate scholars who attended colleges across the nation. Little Rock is
also home to the University of Arkansas at Little Rock, Philander Smith
College and Arkansas Baptist College. Public libraries in central Arkansas
have combined collections of over 1,750,000 books, 11,700 periodicals and a
variety of CD-Rom and on-line databases.
 
The Arkansas Arts Center offers outstanding exhibitions and traveling
exhibits. The performing arts community is extensive. More than 250,000
people annually attend Riverfest, a concert series that also offers many
cultural and culinary attractions.
 
The Arkansas State Fair is one of the area's largest attractions and the
Little Rock Marathon recently had about 5,000 finishers.
 
The City of Little Rock has a strong commitment to sustainability, and it
has one of the finest trails systems in the country, offering citizens a
great place to exercise. The Big Dam Bridge is the longest bridge ever built
in America exclusively for pedestrian use. Little Rock¹s parks system is
linked by a 14-mile River Trail by the Arkansas River.  The Big Dam Bridge
100 bicycle race attracts thousands to the area each year.
 
The City of Little Rock has seen significant reductions in crime in the past
year. The best avenues for community involvement and activism in Little Rock
is the city's 175 neighborhood associations. These groups share vital
community information, helping to strengthen the bonds that hold great
neighborhoods together.