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Fayetteville, Arkansas

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What It Is Like to Retire in Fayetteville

Fayetteville, Arkansas (population 74,000) consistently turns up on everyone’s “Best Places to Live” list. There are plenty of reasons why it makes such an appealing retirement community for active adults 55+. It is the home of the beautiful and stimulating University of Arkansas. Its beautiful surroundings in the Ozark Mountains give it a resort-like feel. There is plenty to do. The Ozark National Forest provides many possibilities for outside recreation. Costs tend to be  below the national average.

The University of Arkansas with its 15,000 students has a major impact on the city – both in its ambiance and in the economy. The downtown, centered on the university and Dickson Street, has many of the interesting restaurants and shops that are typically present in a college town. The cultural scene is busy. Fayetteville is a good place for active adults who choose to work in retirement – there are plenty of jobs in the services and retail sectors.

For more information on taxes and what it is like to retire in Arkansas

Where to Retire in Fayetteville and Home Prices

There are 3 historic districts here including the downtown area referred to as the “Square”.  The housing choices for retirees are among the most varied and economical of any place in the U.S. There are many lovingly restored homes downtown and in surrounding neighborhoods such as Wilson Park. There are at least 7 active adult developments here, with more on the way. Nearby communities such as Bella Vista (20 miles north), Eureka Springs, and Rogers make appealing retirement communities. Zillow.com reports the median home value was $218,948, in early 2020.

What Is Special about Fayetteville

• Shiloh Historic District • A city that caters to retirees • Dickson Street, a narrow street lined with shops and restaurants and that leads through the center of the city  • Three times a week farmers market on the town square • University of Arkansas • Gateway to the Ozark mountains • The Walton Arts Center • Bikes Blues and Barbeque • Botanical Garden of the Ozarks

What Is Not Special about Fayetteville

Other than being somewhat remote, it doesn't seem to have many drawbacks.

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Who Will Like Retirement in Fayetteville

Fayetteville attracts a community of retirees who want to live in a lively college town near the beautiful Ozark Mountains. Many are attracted to the growing array of retirement community choices that are available.

Local Economy Is Driven by

The economy is vital and primarily driven by the University. The nearby presence of Wal-Mart's world headquarters in Bentonville is a very big driver, as many of its largest suppliers have moved here to be near the retailing behemoth.

Climate and Physical Environment

Fayetteville is located near the northwest corner of Arkansas near Oklahoma. The Ozark Mountains are just a short distance away, which have some influence on the local weather.  It can get cold here in winter and is hot and humid in summer.

Restaurants & Cultural Scene

The Walton Arts Center is one of the country's leading arts and entertainment venues. Its campus consists of the Walton Arts Center, Nadine Baum Studios, and the Just Off Center building. The Walton Arts Center has Halls, Galleries, and the Starr Theatre. The Nadine Baum Studios has 5 interactive studios, a Gallery, and the Studio Theatre. There are many festivals throughout the year, such as the Bikes Blues and Barbeque. The University of Arkansas also has a major impact on the culture of the town, both formal and informal.

Crime

The crime rate is slightly below the U.S. average.

Medical facilities

Fayetteville City Hospital and Geriatric Center. Washington Regional Medical Center

Transportation

Drake Field is about 6 miles. Northwest Arkansas Regional Airport is about 17 miles. 

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