Median Salary
$59,820
Vs National Avg
Hourly Wage
$28.76
Dollars / Hr
Workforce
N/A
Total Jobs
Growth
+3%
10-Year Outlook
Of course. Here is a comprehensive career guide for Real Estate Agents considering a move to Bentonville, Arkansas.
A Real Estate Agent's Guide to Bentonville, Arkansas
Bentonville isn't just Walmart's backyard anymore. It's a rapidly evolving hub for biking, art, and corporate innovation, all nestled in the scenic Ozark foothills. For a real estate agent, this means a dynamic market with a unique mix of corporate transferees, young professionals, and long-time locals. This guide cuts through the promotional fluff and gives you the data-driven, local insight you need to decide if Bentonville is the right place to build your real estate career.
The Salary Picture: Where Bentonville Stands
Understanding your earning potential is the first step. According to the Bureau of Labor Statistics (BLS) and local market data, real estate agents in the Bentonville area have a solid foundation, though the path to high earnings requires hustle and local market mastery.
The median salary for a Real Estate Agent in Bentonville is $59,820/year, with an hourly equivalent of $28.76/hour. It's important to note that this figure often includes base salaries or guaranteed draws from some brokerages, which is less common in the industry. The majority of agents here, as everywhere, work on a 100% commission basis, making this median a reflection of successful, full-time agents' earnings after splits and fees. This is slightly below the national average of $61,480/year, a common trend for growing secondary markets in Arkansas.
The metro area supports 112 real estate agent jobs, indicating a competitive but manageable market. The 10-year job growth is projected at a modest 3%, suggesting steady, stable demand rather than explosive growth. For new agents, this means you'll need to carve out your niche, but for established agents, the market is predictable.
Experience-Level Breakdown
| Experience Level | Typical Annual Earnings | Key Characteristics |
|---|---|---|
| Entry-Level (0-2 years) | $40,000 - $55,000 | Relies heavily on lead generation, open houses, and mentorship. Focus on learning the nuances of Benton County's unique zoning and property types. |
| Mid-Level (3-7 years) | $60,000 - $85,000 | Has a solid referral network and repeat clients. Comfortable with all transaction types, from first-time buyers in Rogers to luxury properties in Coler Township. |
| Senior-Level (8-15 years) | $90,000 - $130,000+ | Often specializes (e.g., luxury, land, commercial). Has deep connections with local lenders, inspectors, and attorneys. Manages a team or works in a high-producing brokerage. |
| Expert/Mega-Producer (15+ years) | $150,000+ | A recognized market expert, often with a significant online presence and a team. Handles high-value transactions (multi-million dollar properties in areas like Centerton or exclusive Bentonville farmsteads). |
Comparison to Other Arkansas Cities
Bentonville offers a strong middle ground. It's more lucrative than the state capital but less saturated than the state's largest metro.
- Little Rock: Higher average salary ($62,100) and more jobs (~250), but the market is larger and more competitive. Cost of living is slightly higher.
- Fayetteville: Similar salary ($60,500) and job count (~120), but the economy is more tied to the University of Arkansas. The market can be more seasonal around the academic calendar.
- Jonesboro: Lower salary ($55,300) and fewer jobs (~75), with a more traditional, slower-paced market.
Bentonville's sweet spot is its corporate-driven demand from Walmart and its subsidiaries, which creates a consistent flow of well-qualified buyers and renters.
๐ Compensation Analysis
๐ Earning Potential
Wage War Room
Real purchasing power breakdown
Select a city above to see who really wins the salary war.
The Real Take-Home: After Taxes and Rent
Let's get real about your budget. The median salary of $59,820 breaks down to approximately $4,985/month before taxes. After federal, state (4.9% Arkansas income tax), and FICA taxes, a single filer can expect to take home roughly $4,050/month.
The average 1-bedroom rent in Bentonville is $773/month. This leaves a significant portion of your take-home pay for other expenses.
Monthly Budget Breakdown for a Median Earner
| Category | Estimated Cost | Notes |
|---|---|---|
| Take-Home Pay | $4,050 | After ~19% in taxes. |
| Rent (1BR Average) | $773 | Can range from $650 to $1,000+ depending on neighborhood. |
| Utilities (Electric, Gas, Water, Internet) | $225 | Bentonville's moderate climate helps keep HVAC costs reasonable. |
| Car Payment & Insurance | $450 | A reliable car is non-negotiable for showing homes across the sprawling metro. |
| Gas & Vehicle Maintenance | $250 | You'll drive significantly more than the average professional. |
| Groceries & Household | $400 | |
| Health Insurance (if not provided by brokerage) | $350 | A major variable; many agents join spousal plans or professional associations. |
| Taxes & Fees (Self-Employment) | $300 | Setting aside 15% for quarterly estimated taxes is wise. |
| Professional Expenses (MLS, E&O, Marketing) | $250 | Brokerage fees, Multiple Listing Service (MLS) dues, business cards, digital ads. |
| Miscellaneous/Discretionary | $600 | Allows for savings, entertainment, and life's unexpected costs. |
| Remaining Buffer | $452 | A healthy margin for savings or reinvestment into your business. |
Can you afford to buy a home? Yes, absolutely. With a $59,820 salary, you are well within the range to qualify for a mortgage on a median-priced home in the region (currently around $300,000 - $350,000). Lenders typically look for a debt-to-income ratio below 43%. Your estimated monthly housing payment (including taxes and insurance) on a $325,000 home would be roughly $1,900, which is about 35% of your gross incomeโa manageable level. This is a key advantage, as you can personally invest in the community you serve.
๐ฐ Monthly Budget
๐ Snapshot
Where the Jobs Are: Bentonville's Major Employers
While real estate is often a solo venture, your success is tied to the overall economic health of the area. The client pipeline is fueled by major employers. Bentonville's economy is unusually concentrated, with one global giant and a growing ecosystem around it.
Walmart (Global Headquarters): The undisputed anchor. The "Home Office" complex is a city-within-a-city. Hiring trends are strong for tech, logistics, and sustainability roles. This creates a constant stream of high-earning transferees from across the globe needing to buy or rent quickly, often with corporate relocation packages. Insider Tip: Network with corporate relocation specialists; they are a goldmine for referrals from new Walmart employees.
Crystal Bridges Museum of American Art: A world-class institution founded by the Walton family. It's not just a tourist spot; it's a major employer of curators, educators, and hospitality staff. It attracts a culturally savvy demographic and has spurred development in the nearby "8th Street Market" district.
Mercy Hospital Northwest Arkansas: Located in nearby Rogers but serving the entire region, this is one of the area's largest healthcare employers. Nurses, doctors, and administrators are a stable client base, often looking for homes in quiet, established neighborhoods close to the hospital.
Tyson Foods (Global HQ in Springdale): While a 15-minute drive, Tyson's presence is a massive economic driver. Their leadership and technical staff often choose to live in the prestige of Bentonville, drawn by the top-rated schools and amenities.
J.B. Hunt Transport Services (HQ in Lowell): Another Fortune 500 company in the immediate area. As one of the largest trucking and logistics firms in North America, it employs thousands in corporate, tech, and operational roles, all potential clients.
The Boring Company: Elon Musk's tunneling venture has a significant presence here, working on the "Las Vegas Loop" and other projects. It attracts a niche, high-tech workforce, adding a layer of innovation to the local economy.
University of Arkansas (Fayetteville): A 30-minute drive away, it's a major employer and talent pipeline. The Razorback athletic program also brings thousands of visitors and media attention, indirectly benefiting the entire region's real estate market.
Getting Licensed in Arkansas
The process is straightforward and relatively affordable compared to many states.
Requirements (via the Arkansas Real Estate Commission - AREC):
- Be at least 18 years old.
- Complete 60 hours of approved pre-licensing education (from an AREC-accredited school). Cost: $250 - $400.
- Pass the Arkansas Real Estate Salesperson Exam. Exam fee: $75.
- Submit a background check. Fee: $50.
- Find a sponsoring broker to hold your license.
- Submit your application and pay the license fee: $150.
Total Estimated Cost to License: $525 - $725 (not including post-license education or association dues).
Timeline to Get Started:
- Pre-Licensing Course: 2-8 weeks (online or in-person).
- Exam Scheduling & Passing: 1-2 weeks after course completion.
- Background Check & Application: 2-4 weeks for processing.
- Total: You can realistically be licensed and ready to work in 2 to 3 months.
Insider Tip: Don't just pick a brokerage based on split percentage. Interview brokers who offer robust training, mentorship, and marketing support, especially in your first two years. This is more valuable than a slightly higher split.
Best Neighborhoods for Real Estate Agents
Where you live affects your commute, your network, and your understanding of the local market. Bentonville has distinct neighborhoods, each with a different vibe.
Downtown Bentonville: The historic heart, with the town square, boutique shops, and Crystal Bridges nearby. It's walkable, charming, and expensive.
- Lifestyle: Urban, historic, arts-focused. Walk to coffee shops and galleries.
- Commute: Minimal. You can walk or bike to most of downtown.
- Rent Estimate (1BR): $950 - $1,300+ (mostly loft-style apartments or older homes).
- Best For: Agents who want to be in the center of the action and specialize in historic or high-density properties.
Southwest Bentonville (Coler Township): The affluent, sprawling area west of the airport. Features large executive homes on acreage, equestrian properties, and a country-club lifestyle.
- Lifestyle: Private, luxurious, and quiet. Centered around the Coler Mountain Bike Preserve.
- Commute: 10-15 minutes to downtown. Car-dependent.
- Rent Estimate: Not many apartments; single-family home rentals start at $2,500+.
- Best For: Agents targeting the luxury market and corporate executives.
North Bentonville / Centerton: A fast-growing suburban area with excellent schools, new construction, and family-friendly amenities.
- Lifestyle: Suburban, community-oriented, and convenient. Big-box stores and chain restaurants are readily available.
- Commute: 10-20 minutes to downtown Bentonville; 15-25 minutes to Walmart Home Office.
- Rent Estimate (1BR): $700 - $900.
- Best For: New agents building a client base with first-time homebuyers and growing families.
Rogers (Downtown & Pinnacle Hills): Technically a separate city, but part of the same metro area. Offers a similar but distinct downtown and a massive mixed-use development (Pinnacle Hills).
- Lifestyle: A blend of historic charm (Downtown Rogers) and modern convenience (Pinnacle Hills). Slightly more diverse economy.
- Commute: 10-15 minutes to Bentonville's core. Easy access to I-49.
- Rent Estimate (1BR): $750 - $1,000.
- Best For: Agents who want to serve the broader NWA market and appreciate a slightly bigger city feel.
The Long Game: Career Growth
A 3% job growth rate means the market is stable, not a gold rush. Long-term success depends on specialization and adaptation.
Specialty Premiums:
- Luxury Real Estate: In areas like Coler Township, commissions are larger, but the client base is smaller. Requires impeccable service and a high-touch approach.
- Land & Ranch Sales: Bentonville's rural-urban fringe has a strong market for land, from small lots to large acreage. Requires knowledge of zoning, agriculture, and water rights.
- Corporate Relocation: Building relationships with HR departments at Walmart, Tyson, and J.B. Hunt can provide a steady stream of referrals. This is a highly profitable niche.
- New Construction: With growth in Centerton and Rogers, agents who develop strong relationships with local builders can secure ongoing sales.
Advancement Paths:
- Team Leader: Build a team of junior agents, taking a percentage of their sales.
- Brokerage Owner: After gaining experience, you can open your own brokerage (requires a broker's license, which needs 2+ years of experience and additional education).
- Property Management: A natural extension, especially with the high rental demand in the area.
- Real Estate Coaching/Training: Leverage your local expertise to train new agents.
10-Year Outlook: Bentonville is not a boomtown that will crash. Its foundationโWalmart's global HQโprovides immense stability. The 10-year job growth of 3% signals steady appreciation. The market will likely see continued demand for single-family homes in good school districts and a growing appetite for "experience-based" living (walkability, access to trails, cultural amenities). Agents who embrace technology, understand niche markets (like e-bike-friendly properties), and build a personal brand will thrive.
The Verdict: Is Bentonville Right for You?
| Pros | Cons |
|---|---|
| Stable, Corporate-Driven Economy: Constant demand from Walmart and related companies. | Market Dominance of One Company: The economy is heavily tied to Walmart's health. |
| Low Cost of Living (91.0 Index): Your $59,820 salary goes much further than in most US cities. | Competitive Agent Market: While not saturated, you're competing with experienced local agents. |
| High Quality of Life: World-class biking, art, and outdoor access with a small-town feel. | Limited Housing Inventory: A seller's market can make it tough for first-time buyers you're representing. |
| Strategic Location: Easy access to Fayetteville (university town), Rogers (retail), and Springdale (industry). | Cultural Homogeneity: While improving, it's not as diverse as a major coastal metro. |
| Excellent for Outdoor Enthusiasts: Trails, parks, and lakes are integrated into the city fabric. | Car-Dependent: Outside the downtown core, you need a car for everything. |
Final Recommendation:
Bentonville is an excellent choice for a real estate agent who is self-motivated, enjoys a blend of urban and outdoor lifestyles, and is looking for a stable, growing market with a reasonable cost of living. It's particularly well-suited for agents who can tap into the corporate relocation pipeline or develop a niche in luxury, land, or new construction. If you're a new agent, the low barrier to entry and supportive community (with the right brokerage) make it a viable place to start. If you're an experienced agent from a larger market, you'll find the competition manageable and the quality of life a significant upgrade.
FAQs
1. What is the biggest challenge for new real estate agents in Bentonville?
The biggest challenge is breaking into the established network. Many top-producing agents have deep roots and long-standing relationships. Success requires proactive lead generation (e.g., door-knocking in fast-growing Centerton, hosting open houses for newer agents, leveraging social media) and providing exceptional service to earn referrals.
2. Do I need to specialize in a certain property type to succeed here?
Not necessarily, but it helps. The market is diverse enough to support generalists, but the most successful agents often find a niche. Given the corporate environment, specializing in relocation services is a powerful strategy. Others find success focusing on the unique housing stock in Coler Township or the new construction boom in the suburbs.
3. How important is the Bentonville MLS (BNWMLS) and what are the costs?
It's non-negotiable. Membership in the Bentonville Northwest Arkansas Multiple Listing Service (BNWMLS) is essential for accessing listings, submitting offers, and marketing properties. Annual dues are typically $500 - $700, and you must be under a sponsoring broker to join.
4. How does the market seasonality affect my income?
The Bentonville market is relatively stable year-round due to corporate relocations, which don't follow a traditional
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