On June 15, 2020, Arkansas will celebrate 184 years as the 25th state admitted to the union. To celebrate, we used Data-Z to find fun facts about Arkansas and to learn more about the Natural State. Arkansas is ranked 18th in our 2019 Financial State of the States report. The state is $1.8 billion in debt and the state earned 77/100 points on our Financial Transparency Report.
Arkansas has a Taxpayer Burden of $2,300 which means each taxpayer would have to pay an extra $2,300 to fully fund Arkansas’ bills.
Before COVID-19, Arkansas had an unemployment rate of 3.5 percent, which is barely lower than the 50-state average of 3.58 percent.
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In 2018, Arkansas spent $69.2 million on parks and recreation. This is divided between the 52 state parks.
The Natural state also spent $282.2 million on natural resources.
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In Arkansas, the median value for a home is $127,052, which is $123,000 below the 50-state average.
Arkansas spent $106.6million on police protection expenditures in 2018.
At 15.9 percent, Arkansas is tied for fifth highest poverty rate and is in 4th place for the highest children in poverty rate at 24.7 percent.
Arkansas is the 33rd most populated with 3 million Arkansans living in the state.
You can learn more about Arkansas and make your own charts using Data-Z. And we at Truth in Accounting wish Arkansas a very happy 184th birthday!
Kate Brennan is a marketing and social media intern at Truth in Accounting, a nonprofit organization based in Chicago that researches government financial data.