The state's GOP has raised almost $3.5 million thus far, compared to the Democrats who have raised just under $1.5 million.
"A lot of times Democrats are out raised by Republicans but our support base here in the state of Arkansas is strong," said Candace Martin, Communications Director for the Democratic Party of Arkansas.
The chairman of the state's GOP says the numbers reflect how voters feel.
"The people of Arkansas are supportive of our conservative cause and the people are willing to put their money where their belifes are," said Doyle Webb, Chairman of the Republican Party of Arkansas.
Raising money doesn't always translate into winning elections but most of the time it does, said Art English, Political Science Professor, University of Arkansas-Little Rock.
Looking at the race for the White House, though, the numbers show President Obama has raised more money--President Obama has gotten just over $202,000 compared to how much the presumptive Republican candidate Mitt Romney has raised in Arkansas, $72,991.
Those numbers, English says, are deceptive. Republicans will raise more money now that the field of GOP candidates has cleared and now that Romney is the presumptive candidate.
"I think you'll see a lot more spending on the Republican side," English said.
The primary election is May 22. English said he thinks Democratic candidates who win the primary will likely raise more money afterward but it's not likely they will be able to match the kind of money the GOP and Republican candidates have raised.