Walmart's hometown, Bentonville, Arkansas, is experiencing rapid growth and increased cost of living

From CNBC: 2024-06-06 13:21:29

Bentonville, Arkansas, home to Walmart, has transformed from a small town to a booming city with new developments and amenities. As Walmart expands and attracts companies to the region, the population has surged, increasing demand for million-dollar homes and pushing up the cost of living. The town is growing rapidly, with a planned population of 200,000 by 2050.

Walmart’s tech-powered growth is reshaping its hometown of Bentonville, Arkansas. The area has seen a surge in population, with new homes, hotels, and businesses springing up. Walmart’s new headquarters, under construction, will offer a range of amenities, including a fitness center and daycare. Bentonville is becoming a destination for talent and investment, attracting workers from major U.S. cities.

The population of Bentonville has skyrocketed in recent years, with a surge in million-dollar homes. The median age is 32, with higher income levels and educational attainment than national figures. The city has also experienced a boost in household incomes, outpacing national gains. Bentonville’s growth has brought both opportunities and challenges, with rising property values and housing costs.



Read more at CNBC: Walmart hometown Bentonville Arkansas gets more expensive