Arkansas is a state in the southeastern region of the United States, home to over 3 million people as of 2017.[7][8] Its name is of Siouan derivation from the language of the Osage denoting their related kin, the Quapaw Indians.[9] The state's diverse geography ranges from the mountainous regions of the Ozark and the Ouachita Mountains, which make up the U.S. Interior Highlands, to the densely forested land in the south known as the Arkansas Timberlands, to the eastern lowlands along the Mississippi River and the Arkansas Delta.

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EDO Spotlight

Regional Marketplace Arkansas (Coming Soon)
EDO Website Arkansas Economic Development Commission
SelectUSA Contact Fred Johnson




Digital Production/ Film Requirements Cash Rebate

An eligible production company may earn a 20% rebate on all qualified production expenditures in Arkansas.

Non-Profit Incentive Program Cash Rebate

The Non-Profit Incentive Program, offered at the discretion of the AEDC Executive Director, provides an annual payroll rebate for up to five years equal to 4 percent of the payroll of new, full-time, permanent employees, hired by national or regional non-profit headquarters locating or expanding in Arkansas.

Create Rebate Cash Rebate

Create Rebate provides annual cash payments based on a company’s annual payroll for new, full-time, permanent employees. In order to qualify, the company must create a minimum of $2 million annually in new payroll. The minimum payroll must be met within 24 months of the effective date of the financial incentive agreement.

Infrastructure Grants (Governor's Quick Action Closing Fund, Community Development Block Grants) Grants

AEDC shares the cost of project infrastructure needs by committing grants from state and federal infrastructure funds. The amount of assistance committed is dependent upon the strength of the company, number of jobs, average wage, project investment and costs associated with facility/site improvements.

Tourism Development Incentives Tax Credits

The Arkansas Tourism Development Act provides state sales and use tax credits and income tax credits to businesses initiating approved tourism attraction projects.

Equity Investment Credit Tax Credits

The Equity Investment Incentive Program is a discretionary incentive targeted toward new, technology-based businesses paying wages in excess of the state or county average wage. If offered, this program allows an approved business to offer an income tax credit to investors purchasing an equity investment in the business.

Targeted Business Incentives Tax Credits

At the discretion of the AEDC Executive Director, targeted businesses may be offered special incentives designed to help new, knowledge-based, start-up businesses

Arkansas Historic Rehabilitation Income Credit Tax Credits

The Arkansas Historic Rehabilitation Income Tax Credit Program, administered by the Arkansas Historic Preservation Program, an agency of the Department of Arkansas Heritage, offers a 25% state income tax credit for certified rehabilitation of eligible income and non-income producing properties

Tuition Reimbursement Tax Credits

Arkansas provides a 30% state income tax credit to eligible companies for reimbursements they make on behalf of employees for approved educational expenses.

Recycling Equipment Tax Credits

Arkansas allows taxpayers to receive an income tax credit for the purchase of equipment used exclusively for reduction, reuse or recycling of solid waste material for commercial purposes, whether or not for profit, and the cost of installation of such equipment by outside contractors.

Company Childcare Facilities Tax Credits

Arkansas offers tax incentives for businesses that provide childcare for their employees. A business may choose between two state income tax credit options: 1) a credit of 3.9% of the total annual payroll of the employees working in the childcare facility, or 2) a one-time $5,000 state income tax credit for the first year that the business provides its employees with a childcare facility.

Research and Development Credits Tax Credits

Arkansas’s Research and Development incentive programs are intended to provide incentives for university-based research, in-house research, and research and development in start-up, technology-based enterprises. Tax credits under these programs may be carried forward for nine years and may offset up to 100% of a business’ tax liability in a given year.

ArkPlus Tax Credits

State corporate income tax credits equal to 10% of the total investment in a business attraction or expansion project may be awarded to companies that meet certain investment and employee payroll requirements

Advantage Arkansas Tax Credits

This program provides corporate income tax credits to businesses that create new full-time jobs. An annual credit of up to 4% of new employee payroll may be claimed for 5 years.

Tax Back (Sales and Use Tax Refund) Tax Refund

Businesses that create new jobs and make a minimum capital investment of $100,000 may receive a refund on sales and use tax associated with the purchase of building materials and machinery and equipment.

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Census Data

Population estimates, July 1, 2016, (V2016)2,988,248
Population estimates base, April 1, 2010, (V2016)2,916,025
Population, percent change - April 1, 2010 (estimates base) to July 1, 2016, (V2016)2.50
Population, Census, April 1, 20102,915,918
Age and Sex
Persons under 5 years, percent, April 1, 20106.80
Persons under 18 years, percent, April 1, 201024.40
Persons 65 years and over, percent, April 1, 201014.40
Female persons, percent, April 1, 201050.90
Race and Hispanic Origin
White alone, percent, April 1, 201077.00
Black or African American alone, percent, April 1, 201015.40
American Indian and Alaska Native alone, percent, April 1, 20100.80
Asian alone, percent, April 1, 20101.20
Native Hawaiian and Other Pacific Islander alone, percent, April 1, 20100.20
Two or More Races, percent, April 1, 20102.00
Hispanic or Latino, percent, April 1, 2010 (b)6.40
White alone, not Hispanic or Latino, percent, April 1, 201074.50
Population Characteristics
Veterans, 2011-2015220,953
Foreign born persons, percent, 2011-20154.70
Housing units, April 1, 20101,316,299
Owner-occupied housing unit rate, 2011-201566.10
Median value of owner-occupied housing units, 2011-2015111,400
Median selected monthly owner costs -with a mortgage, 2011-20151,019
Median selected monthly owner costs -without a mortgage, 2011-2015327
Median gross rent, 2011-2015677
Families and Living Arrangements
Households, 2011-20151,138,025
Persons per household, 2011-2015253.00
Living in same house 1 year ago, percent of persons age 1 year+, 2011-201583.90
Language other than English spoken at home, percent of persons age 5 years+, 2011-20157.20
High school graduate or higher, percent of persons age 25 years+, 2011-201584.80
Bachelor's degree or higher, percent of persons age 25 years+, 2011-201521.10
With a disability, under age 65 years, percent, 2011-201512.30
Persons without health insurance, under age 65 years, percent11.10
In civilian labor force, total, percent of population age 16 years+, 2011-201558.50
In civilian labor force, female, percent of population age 16 years+, 2011-201553.30
Total accommodation and food services sales, 2012 ($1,000) (c)4,307,264
Total health care and social assistance receipts/revenue, 2012 ($1,000) (c)15,792,628
Total manufacturers shipments, 2012 ($1,000) (c)62,712,925
Total merchant wholesaler sales, 2012 ($1,000) (c)31,256,110
Total retail sales, 2012 ($1,000) (c)36,815,256
Total retail sales per capita, 2012 (c)12,483
Mean travel time to work (minutes), workers age 16 years+, 2011-201522
Income and Poverty
Median household income (in 2015 dollars), 2011-201541,371
Per capita income in past 12 months (in 2015 dollars), 2011-201522,798
Persons in poverty, percent19.10
All firms, 2012231,959
Men-owned firms, 2012123,158
Women-owned firms, 201275,962
Minority-owned firms, 201235,982
Nonminority-owned firms, 201235,982
Veteran-owned firms, 201225,915
Nonveteran-owned firms, 2012192,988
Population per square mile, 201056
Land area in square miles, 201052,035