Faulkner County, Arkansas: commercial real estate data.
Faulkner County, Arkansas had an estimated 131,611 residents on July 1, 2024, up 6.6 percent since the 2020 census base of 123,487, across 648 square miles. County output reached $5.74 bn in 2024, 2,990 establishments operate here, and the SBA record carries 106 7(a) approvals worth $54.5 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Faulkner County
How many people live in Faulkner County
- Population, American Community Survey 2020-2024127,717
- Households49,309
- Average household size2.59
- Median household income$67,289
- Median age34.1
- Median gross rent$1,005 per month
- Median owner-occupied home value$232,700
- Home value to household income3.5 times
- Annual rent as a share of median income17.9 percent
- Adults 25 and over with a bachelor degree or higher35.0 percent
- Adults 25 and over with a graduate degree13.9 percent
- Adults 25 and over79,837
- Population under 1828,894
- Share under 1822.6 percent
- Population 65 and over17,545
- Share 65 and over13.7 percent
- Working age population, 18 to 6481,278
- Civilian labor force63,243
- Unemployment rate3.4 percent
- Labor force participation, adults 18 and over64.0 percent
- Rank by population among Arkansas counties5th of 75
- Rank by population among US county-equivalents, Puerto Rico included512th of 3,222
Faulkner County is the 5th largest of 75 Arkansas counties by population. A median home costs 3.5 times median household income, which is moderately unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 22.6 percent against 13.7 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Faulkner County
Is Faulkner County's population growing?
- Population, July 1, 2024131,611
- Census 2020 base population123,487
- Population change since the 2020 census base6.58 percent
- Population change, 2023 to 20241,702
- Births, 20241,466
- Deaths, 20241,134
- Natural change, 2024332
- Net domestic migration, 20241,094
- Net international migration, 2024268
- Total net migration, 20241,362
- Cumulative net domestic migration, 2021 to 20245,924
- Rank by growth among US county-equivalents342nd of 3,144
The county has grown 6.58 percent since the 2020 census base. The population grew in 2024 from both sources: births exceeded deaths and more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Faulkner County
Where are people moving to Faulkner County from?
- Tax returns filed by households arriving3,795
- People arriving, from those returns7,068
- Tax returns filed by households leaving3,387
- Net household movement408
- Adjusted gross income arriving$198.5 m
- Net adjusted gross income movement$31.1 m
- Average income of an arriving household$52,312
- Average income of a leaving household$49,445
- Largest single originPulaski County (792 households)
- Largest single destinationPulaski County (852 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Pulaski County | 792 | 1,427 | $39.5 m |
| Lonoke County | 168 | 328 | $7.9 m |
| Saline County | 133 | 224 | $7.2 m |
| Conway County | 132 | 244 | $4.6 m |
| Pope County | 123 | 200 | $4.8 m |
| White County | 123 | 233 | $6.8 m |
| Cleburne County | 92 | 185 | $5.0 m |
| Van Buren County | 84 | 141 | $3.8 m |
Households arriving report $2,867 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Pulaski County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Faulkner County
What is the Faulkner County economy?
- County GDP, 2024$5.74 bn
- County GDP, 2023$5.42 bn
- GDP change, 2023 to 20245.9 percent
- GDP change over five years38.8 percent
- Rank by GDP among the Arkansas areas BEA publishes6th of 75
- Rank by GDP among the US county areas BEA publishes663rd of 3,127
- GDP per resident$44,921
Output grew 5.9 percent in the latest year and 38.8 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Faulkner County
Employment by industry in Faulkner County
- Covered employment, annual average45,513
- Establishments reporting3,252
- Average annual pay$49,974
- Average weekly wage$961
- Health care and social assistance, employment7,962
- Health care and social assistance, average annual pay$52,311
- Retail trade, employment6,418
- Retail trade, average annual pay$34,151
- Accommodation and food services, employment5,447
- Accommodation and food services, average annual pay$21,375
- Construction, employment3,780
- Construction, average annual pay$62,262
- Manufacturing, employment3,219
- Administrative and support and waste management services, employment2,485
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Health care and social assistance | 7,962 | 464 | $52,311 |
| Retail trade | 6,418 | 414 | $34,151 |
| Accommodation and food services | 5,447 | 278 | $21,375 |
| Construction | 3,780 | 410 | $62,262 |
| Manufacturing | 3,219 | 98 | $59,925 |
| Administrative and support and waste management services | 2,485 | 174 | $50,381 |
| Information | 1,446 | 31 | $107,109 |
| Professional, scientific and technical services | 1,401 | 344 | $65,810 |
Health care and social assistance is the largest private sector at 7,962 jobs, 17.5 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Faulkner County
How many businesses are in Faulkner County?
- Establishments, all industries2,990
- Employment at those establishments37,718
- Annual payroll$1.73 bn
- Establishments per 1,000 residents23.4
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Faulkner County
Building permits in Faulkner County
- Housing units authorized by permit, 2024864
- Declared construction value permitted$137.9 m
- Single family units authorized391
- Multifamily units authorized473
- Multifamily share of units54.7 percent
- Average declared value per unit$159,579
- Units authorized per 1,000 households17.5
Multifamily is 54.7 percent of units authorized, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
Faulkner County
SBA loans in Faulkner County (7(a) and 504)
- 7(a) approvals recorded106
- 7(a) gross approval dollars$54.5 m
- Average 7(a) approval$514,291
- Median 7(a) approval$157,500
- 10th percentile approval$25,000
- 90th percentile approval$1,232,650
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)1,245
- Jobs per approval11.7
- Distinct 7(a) lenders active32
- Distinct industries receiving approvals66
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer15.1 percent
- Loans on real estate terms16
- Loans on working capital terms, 120 months or shorter83
- Franchise loans14
- Franchise share of approvals13.2 percent
- Leading industry by approval countBeauty Salons (5)
- Most active lenderFirst Service Bank (35)
- 504 approvals recorded20
- 504 gross approval dollars$11.4 m
- Average 504 approval$572,100
- Median 504 approval$501,500
- Distinct CDCs active3
- 504 jobs per approval10.3
- 504 jobs per million dollars approved18.1
- Most active CDCSix Bridges Capital Corporation (11)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$66.0 m
The average approval of $514,291 sits well above the median of $157,500, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 15.1 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Faulkner County
SBA loan default and charge-off rates in Faulkner County
Do SBA loans in Faulkner County get paid back?
- Loans with a final outcome recorded23
- Paid in full21
- Charged off2
- Status: Paid in full21
- Status: Cancelled7
- Status: Exempt from disclosure70
- Status: Charged off2
- Status: Committed, not yet disbursed6
Only 23 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Faulkner County
SBA lending by place in Faulkner County
- Borrower cities with recorded lending7
- Conway, approvals68
- Greenbrier, approvals27
- Vilonia, approvals4
- Damascus, approvals4
- Wooster, approvals1
- Mayflower, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Conway | 68 | $45,260,700 |
| Greenbrier | 27 | $6,388,900 |
| Vilonia | 4 | $653,800 |
| Damascus | 4 | $126,100 |
| Wooster | 1 | $1,632,200 |
| Mayflower | 1 | $312,600 |
| Mount Vernon | 1 | $140,500 |
Conway accounts for 68 approvals against 27 in Greenbrier. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Faulkner County
How large is Faulkner County?
- Land area648 sq mi
- Rank by land area among Arkansas counties37th of 75
- Width, east to west27.3 mi
- Height, north to south30.4 mi
- Geographies sharing a boundary7
- Residents per square mile of land197
- Establishments per square mile4.61
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Faulkner County
Flood risk in Faulkner County
- Participation of the county's own NFIP community Faulkner County, unincorporated areasParticipating, community 050431
- Communities in the county in the NFIP Community Status Book12
- Of those, participating in the NFIP10
- NFIP participation rate83.3 percent
- Communities carrying a CRS class0
- Radon levels in Faulkner County, EPA zone predicted average indoor radon screening level less than 2 pCi/LZone 3
The county's own community in the status book, unincorporated Faulkner County (community 050431), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Faulkner County in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 83.3 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Faulkner County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Faulkner County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-2024127,717
- Households49,309
- Average household size2.59
- Median household income$67,289
- Median age34.1
Common questions
Faulkner County questions, answered from the record.
How many people live in Faulkner County, Arkansas?
The Census Bureau estimates 131,611 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 127,717, in 49,309 households, ranking 5th of 75 Arkansas counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Faulkner County's population growing?
The population has grown 6.58 percent since the 2020 census base of 123,487, to 131,611 on July 1, 2024. In 2024 there were 1,466 births against 1,134 deaths, with net migration of 1,362. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Faulkner County?
$67,289. The median owner-occupied home is valued at $232,700, which is 3.5 times income, and median gross rent is $1,005 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Faulkner County?
2,990 establishments, employing 37,718 people with an annual payroll of $1.73 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Faulkner County?
Health care and social assistance is the largest private sector at 7,962 jobs, 17.5 percent of covered employment. Covered employment averages 45,513 jobs at an average annual pay of $49,974, or $961 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Faulkner County?
106 7(a) approvals totaling $54.5 m since FY2020, across 32 lenders, with a median approval of $157,500, plus 20 504 approvals worth $11.4 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Faulkner County?
864 housing units were authorized by permit in 2024, with a declared construction value of $137.9 m. Multifamily was 54.7 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Faulkner County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Faulkner County come from?
The largest single origin is Pulaski County, with 792 households. Arriving households report an average income of $52,312 against $49,445 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Faulkner County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Faulkner County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Faulkner County
Cities and places in Faulkner.
12 Census places lie wholly or partly in Faulkner County. All 12 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Conway | city | 67,642 | 68 | Wholly in this county |
| Greenbrier | city | 6,018 | 27 | Wholly in this county |
| Vilonia | city | 4,498 | 4 | Wholly in this county |
| Mayflower | city | 2,861 | 1 | Wholly in this county |
| Wooster | town | 1,023 | 1 | Wholly in this county |
| Quitman | city | 805 | None recorded | 10.0 percent here, 90.0 percent Cleburne County |
| Guy | city | 720 | None recorded | Wholly in this county |
| Holland | city | 623 | None recorded | Wholly in this county |
| Enola | town | 432 | None recorded | Wholly in this county |
| Damascus | town | 348 | 4 | 39.9 percent here, 60.1 percent Van Buren County |
| Twin Groves | town | 258 | None recorded | Wholly in this county |
| Mount Vernon | town | 182 | 1 | Wholly in this county |
Nearby