Homes for Sale in Bentonville, AR: What You Need to Know
Walmart and the Walton family put Bentonville on the map, but this northwest Arkansas city has more to offer than meets the eye.
A Rich Local History
Bentonville was named in honor of Sen. Thomas Hart Benton of Missouri, who was instrumental in gaining statehood for Arkansas in 1836. A year later, a site was picked for the seat of Benton County. The site became the incorporated town of Bentonville in 1873.
The Walton family’s story is intertwined with Bentonville’s history. In 1950, Sam and Helen Walton left Newport, Arkansas, for Bentonville, where Sam opened Walton’s Five and Dime store on the downtown square. In 1962, Sam opened the first Walmart store in Roger, eight miles away from Bentonville. Today, Walmart Inc. is one of the world’s largest retailers worth about $78 billion. The Walton family maintains the company headquarters in the city where its enormous success all began.
Bentonville Real Estate: The Cost of Living
Bentonville is an affordable small city, which is home to 54,909 residents. The city’s cost of living is 21.5% lower than the national average. Food and transportation costs are 5.5% and 13.3% lower than the national average respectively. The bad news is, Arkansas has high income and sales taxes. Under the state’s progressive tax system, the state income tax ranges from 0% to 6.90% depending on one’s earnings. Sales tax ranges from 6.50% to 11.625%.
Know Your Neighborhoods
The Riverwalk Farm Estates is popular for its central location while Heritage Heights is known for its houses built in the 1980s. Both are affordable neighborhoods. If you prefer the suburbs, Cave Springs and Centerton attract families with school-age children for their excellent public schools, affordability, and proximity to Bentonville.
Things to Do in Bentonville
Two of Bentonville’s most popular attractions are associated with the Waltons. The Crystal Bridges Museum of American Art was founded by the Walton Family Foundation in 2005. It features a permanent collection spanning five centuries and dating back to the colonial era. The masterpieces include Norman Rockwell’s “Rosie the Riveter” and works by John Singer Sargent, Thomas Eakins, and Andy Warhol.
Sam Walton’s original five-and-dime store is now the Walmart Museum. Visitors love the interactive exhibits about the company’s success story told through images and artifacts, including Sam’s old Ford F-150 truck. Families flock to the Scott Family Amazeum, a nonprofit children’s museum featuring 50,000 square feet of hands-on displays and learning spaces.
The Local Weather and Climate
Bentonville, located in the foothills of the Ozark Mountains, enjoys mostly mild but distinct seasons. The city receives an average of 48 inches of rain annually, which is higher than the national average of 38 inches. It doesn’t get much snow – just nine inches of snow on the average annually versus the U.S. average of 28 inches. In the summer, the average high is around 90 degrees Fahrenheit while the average low in the winter is 25 degrees Fahrenheit.