10Y4.88%+2bp vs prior day2026-11-092Y4.56%+5bp vs prior day2026-11-0930Y MTG7.18%−6bp vs last week2026-11-05SOFR3.88%−1bp vs prior day2026-11-09FED FUNDS3.88%+13bp vs last month2026-10CPI4.1% y/y2026-10US UNEMP4.10%−10bp vs last month2026-10NWA UNEMP3.10%0bp vs last month2026-09NWA EMPLOYED319,315+1,325 vs last month2026-09FRED · Freddie Mac · BLS · data 2026-11-10

Reports · Monthly · Aug 2026

Northwest Arkansas, Aug 2026

Local sales-tax receipts across 30 NWA cities (excluding 1 with a likely new or changed local tax) rose 0.9% versus the same period a year earlier. Receipts totaled $28.6M across all 31 reporting cities.

Local sales tax, all reporting cities
$28.6M
▲ 0.9% y/y
→ flat, 4 periods
AR DFA · change on 30 comparable cities · 2026-08
Homes permitted (units)
427
▼ 61.9% y/y
↘ falling, 4 periods
Census BPS · 28 places · 2026-08
NWA employed residents
317,990
▲ 3.5% y/y
→ flat, 4 periods
BLS LAUS via FRED, metro · 2026-08
30-year mortgage, average
6.67%
▲ 8 bp y/y
↗ rising, 4 periods
Freddie Mac PMMS via FRED · 2026-08
Unemployment, NWA vs U.S.3.10% vs 4.10%BLS via FRED, window average
10-year Treasury, average4.68%U.S. Treasury via FRED
CRE loans at U.S. banks$3.13T +3.4% y/yFed H.8 via FRED, 2026-08-26
House prices, NWA metro—FHFA HPI

What happened


generated from the data
  • Local sales-tax receipts across 30 NWA cities (excluding 1 with a likely new or changed local tax) rose 0.9% versus the same period a year earlier. Receipts totaled $28.6M across all 31 reporting cities.
  • Among the Core cities, Bella Vista led at +15.4% and Siloam Springs trailed at -7.8%.
  • The fastest register growth was outside the Core: West Fork at +37.5%.
  • 1 city shows a move large enough to reflect a new or changed local tax rather than spending (Gravette); they are marked in the table and left out of the rankings above.
  • Builders pulled permits for 427 residential units region-wide, down 61.9% year over year.
  • The 30-year mortgage rate averaged 6.67% in the period, 8 basis points higher than a year earlier.
  • Employed residents in the NWA metro averaged 317,990 in the period, up 3.5% from a year earlier.
  • Momentum at period end (12-month sales-tax growth vs a year earlier): slowing in Bella Vista, Fayetteville, Springdale.
  • The metro counted 309,400 jobs in August 2026, up 6,800 from August 2025; leisure & hospitality added the most (+3,300), transportation & utilities shed the most (-300) (BLS, preliminary for recent months).

Every sentence above is a fixed template filled with computed values; no figure is typed by hand. Trend arrows compare this period with the three before it of the same length: they describe, they don't forecast. Market commentary, not advice.

Local sales tax by month
31 cities reporting in both years
Arkansas DFA Local Net Tax Distribution Reports, report month. Same cities in both lines.
Data through 2026-08 · Free to reuse with the credit line. · Corrections

Demand: the registers


local sales tax · vs same period a year earlier
Sales-tax change by city, vs same period a year earlier
Cities with a likely new or changed local tax are left out of this chart
Arkansas DFA Local Net Tax Distribution Reports; change computed from published monthly distributions.
Free to reuse with the credit line. · Corrections

Supply: homes permitted


PlaceUnitsChange
Bella Vista56+5.7%
Rogers51-35.4%
Bentonville51-83.7%
Fayetteville48-55.6%
Pea Ridge46+43.8%
Centerton33-51.5%
Siloam Springs22-89.6%
Lowell18-25.0%
Elkins18small base
Springdale16-40.7%
Farmington14-36.4%
Prairie Grove14-39.1%
Cave Springs10small base
Gentry8-65.2%
Decatur6small base
Highfill5-73.7%
Tontitown4small base
Gravette2small base
Avoca1small base
Garfield1small base
Johnson1small base
Little Flock1small base
West Fork1small base

Census Building Permits Survey, residential units authorized (all building sizes). Places with zero units in the period are omitted; changes off fewer than 10 units show as "small base".

Bentonville permits


map

713 permits issued · $103.5M declared valuation

By our sector tag: residential 399, other 244, retail 66, multifamily 3, civic 1

Largest permitsValuationIssued
1100 W 15th Stcommercial building permit$25.2M2026-08-19
3500 SE Club Blvdcommercial remodel$10.3M2026-08-14
77 S Duncan Aveelectrical permit$8.8M2026-08-05
1934 SW 14th Stnew home$6.9M2026-08-17
4434 S School Avecommercial building permit$3.9M2026-08-19
1702 SE 8th St 2commercial tenant finish$3.0M2026-08-21
203 SE Martin Luther King Jr Pkwycommercial remodel$2.5M2026-08-21
2801 S Walton Blvdcommercial remodel$2.1M2026-08-28
1702 SE 8th St 14commercial tenant finish$2.0M2026-08-21
1350 E Joyce Blvd 110commercial building permit$1.2M2026-08-06

City of Bentonville permits-issued reports (public record). Valuation as printed by the city. Rogers, Springdale and Fayetteville join as their records load.

Economy


MeasureLevelChange
Employed residents, NWA metro317,990+3.5%
Unemployment rate, NWA metro3.10%window avg
Unemployment rate, U.S.4.10%window avg
FHFA house price index, NWA——

BLS Local Area Unemployment Statistics and FHFA All-Transactions HPI via FRED. Metro = Fayetteville-Springdale-Rogers, AR-MO (includes Madison Co. AR and McDonald Co. MO).

Capital markets


Rate or balanceLevelChange
30-year mortgage, average6.67%+8 bp y/y
10-year Treasury, average4.68%
2-year Treasury, average4.22%
CRE loans at U.S. banks$3.13T+3.4% y/y
CRE loan delinquency, U.S. banks—

Freddie Mac PMMS, U.S. Treasury and Federal Reserve (H.8; charge-off and delinquency rates) via FRED. National series: the cost and availability of the money that buys NWA property.

Jobs by industry, Aug 2026 vs Aug 2025
NWA metro, change in jobs · total 309,400 (+2.3%)
BLS Current Employment Statistics, Fayetteville-Springdale-Rogers MSA, not seasonally adjusted; same month compared with same month. Recent months are preliminary.
Free to reuse with the credit line. · Corrections

New businesses


applications to start a business
MeasureThis periodChange
Arkansas, all applications (1 mo.)3,833+15.7%
Arkansas, likely employers1,048+2.8%

Census Business Formation Statistics: IRS employer-ID applications. Arkansas monthly, seasonally adjusted, compared with the same months a year earlier; county counts are published yearly. Applications are intent, not openings. More on new businesses

Growth patterns


core cities · 12-month sales tax at period end
CityGrowth nowA year earlierMomentumShare of core 6A year earlier
Bella Vista+9.4%+13.1%↘ slowing3.9%3.6%
Rogers+3.6%+3.5%→ steady25.2%24.6%
Siloam Springs+3.0%+3.7%→ steady5.2%5.1%
Fayetteville+2.2%+5.0%↘ slowing26.4%26.2%
Bentonville-1.3%-0.7%→ steady19.7%20.2%
Springdale-2.9%+6.5%↘ slowing19.6%20.4%

Growth = the 12 months of local sales-tax distributions to 2026-08 vs the 12 before (Arkansas DFA); momentum compares that rate with the same reading a year earlier (±2 points). Share = each city's part of the core-6 total. More ways to read growth in the Growth Lab.

City by city


31 cities · Core first
CitySales taxChange24 monthsHomes permittedPer 1,000 residentsGrowth score
Fayetteville$6.2M+0.8%480.555
Rogers$5.8M+6.6%510.745
Bentonville$4.5M-5.2%510.955
Springdale$4.5M-6.2%160.231
Siloam Springs$1.1M-7.8%221.346
Bella Vista$930,938+15.4%561.963
Lowell$826,699+6.5%181.856
Centerton$667,191+5.4%331.858
Tontitown$517,3690.0%40.967
Gravettetax change?$486,700+201.1%20.644
Pea Ridge$378,152+3.2%467.080
Eureka Springs$369,938-3.0%———
Prairie Grove$368,530+18.1%142.066
Farmington$354,013+2.9%141.855
Highfill$259,520+34.1%53.241
Cave Springs$234,546+9.9%101.770
Johnson$224,018+11.9%10.370
Gentry$204,898+9.1%82.155
Elkins$193,740+3.2%185.048
Greenland$135,228+24.6%0—33
Lincoln$122,733+0.6%0—34
West Fork$115,930+37.5%10.414
Goshen$54,253+8.3%0—37
Decatur$53,763+6.6%63.453
Little Flock$32,553+22.9%10.337
Elm Springs$30,870+21.9%0—60
Garfield$28,091-0.5%11.746
Avoca$12,655+4.4%12.145
Winslow$12,258-0.2%——14
Sulphur Springs$11,448+34.1%0—23
Springtown$479-36.4%——52

Sales tax: AR DFA local distributions in the window; sparkline = the 24 months ending 2026-08. Homes: Census BPS. Per 1,000 residents uses the 2020 census. Growth score is today's 479 Growth Pressure Score, not the score as of this period.

Method and definitions


Local sales tax
What the state distributes back to each city from its local sales and use tax, by DFA report month (about two months after the sale). Changes compare the same cities in both periods.
Tax change?
A city whose receipts moved 40% or more in one period, or 15% a year over several, usually adopted or changed a local tax. It's shown, and left out of rankings and region totals.
Homes permitted
Residential units authorized by building permits, all building sizes (Census Building Permits Survey, place level).
4-period trend
Direction of this period and the three before it of the same length (least-squares slope with a small tolerance). Describes what happened; not a forecast.
Metro
Fayetteville-Springdale-Rogers, AR-MO metropolitan area (CBSA 22220).

Cite this report


The 479 Report, "Northwest Arkansas Monthly Report: Aug 2026," https://the479report.com/reports/monthly/2026-08/ (data through 2026-08; generated 2026-11-09).

Free to reuse with that credit. This report as JSON.

Who publishes this. The 479 Report, Siloam Springs, Arkansas. The numbers come from public agencies; commentary is market commentary, not investment, legal or tax advice.

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