City population: 2,710,000

The central Arkansas city of Little Rock is the county seat of Pulaski County and is also the Arkansas state capital. The city is home to the University of Arkansas at Little Rock and also to the University of Arkansas for Medical Sciences. Little Rock derived its name from the noted La Salle Expedition in 1682 when the landing party arrived at “La Petite Roche”, the "little rock" located on the southern bank of the Arkansas River. In 1831, the city became incorporated and in 1836, Little Rock was named capital of the newly admitted state of Arkansas. Points of Interest in Little Rock

Little Rock boasts numerous cultural, historic, and recreational sites for visitors and residents to enjoy. Although Arkansas does not have any major league professional sports franchises, there are a number of smaller variety pro sports teams in the Little Rock area. The Arkansas Travelers are a minor league baseball team based in the nearby city of North Little Rock. The Arkansas Twisters are an arena football team playing in the Af2, the minor league of the Arena Football League. The Twisters play their home games at ALLTEL Arena in North Little Rock. Employment and Industries in the Little Rock, Arkansas Area

Little Rock is regarded as the economic center of Arkansas. The University Arkansas for Medical Sciences, Arkansas Children's Hospital and Central Arkansas Veterans Healthcare System have a major economic impact on the city.

Agriculture is still an important part of Little Rock's economy. Biotechnology is an emerging industry for the city with the University of Arkansas medical biotechnology research program being a primary factor. The Arkansas Science and Technology Authority, situated in Little Rock, promotes scientific research, technology development and business innovation in Arkansas. The Arkansas Department of Economic Development sponsors the Business and Industry Training Program which creates customized training programs to meet the demands of specific industries. Noteworthy information about Little Rock: The estimated median household income in 2007 was $43,000.

Little Rock Mortgage and Real Estate Facts

There are 77,427 housing units in Little Rock. An estimated 57% of living spaces in the city are occupied by their owners, not by renters.

Little Rock Mortgage

In Little Rock, 72% of non-rental housing carries a mortgage. In the city 10% of the housing has a mortgage beyond the initial new home purchase mortgage, such as a home equity loan or second mortgage.