What Is A Good Salary In Arkansas?

9% of jobs $20.97 is the 25th percentile. Wages below this are outliers. 27% of jobs $31.35 is the 75th percentile. Wages above this are outliers.
What are Top 10 Highest Paying Cities for Average Jobs in Arkansas.

City North Little Rock
Annual Salary $57,966
Monthly Pay $4,830
Weekly Pay $1,115
Hourly Wage $27.87

How much money do you need to live comfortably in Arkansas?

Arkansas — $44,571 per year.

What is good pay in Arkansas?

Hourly Rate Salary in Arkansas

Annual Salary Hourly Wage
Top Earners $55,077 $26
75th Percentile $42,739 $21
Average $34,142 $16
25th Percentile $25,555 $12

What is the average salary for someone living in Arkansas?

LITTLE ROCK, Ark — The average household income for Arkansans in 2019 was $47,600, according to the economist, Michael Pakko with UA Little Rock. He says the cost of living is about 12.5% below the national average. Pakko says Arkansas is a low-wage, low-salary state. It’s the third cheapest place to live.

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What is a good yearly salary?

On the other hand, a $50,000 average yearly income is good enough for people living in rural areas. Therefore, we can use this information to state that a good salary in the urban area ranges from $70,000–150,000, whereas a good salary in rural areas ranges from $50,000–$80,000.

What is middle class in Arkansas?

The middle class is usually defined as the group of earners in the center of the earning scale.
How much you have to earn to be middle class in every state.

State Middle-class income Median household income
Indiana $43,310 $57,603
Mississippi $41,839 $45,792
West Virginia $41,649 $48,850
Arkansas $40,928 $48,952

Is it expensive to live in Arkansas?

Compared to the rest of the country, Arkansas has a much lower cost of living. A dollar in Arkansas supports more real spending than it does in more expensive states. C2ER’s Cost of Living Index reported that Arkansas’ cost of living is approximately 14% lower than the rest of the nation.

What is the average income for a single person in Arkansas?

Personal income in Arkansas – income per capita 2000-2021
In 2021, the per capita personal income in Arkansas was 51,148 U.S. dollars.

What is the richest county in Arkansas?

Arkansas Counties Ranked by Per Capita Income

Rank County Per capita income
United States $27,334
1 Pulaski $27,158
2 Benton $25,186
3 Saline $24,584

What is the most common job in Arkansas?

The most common job groups, by number of people living in Arkansas, are Driver/sales workers & truck drivers (45,615 people), Registered nurses (31,933 people), and Firstline supervisors of retail sales workers (29,319 people).

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How much money do you need to live comfortably?

This means a single person needs to make at least $66,434 after taxes to live comfortably. After their basic living expenses are covered, an individual could spend $19,930 on wants and set $13,287 aside for savings or debt paydown.

What is a respectable salary?

According to the census, the national average household income in 2019 was $68,703. A living wage would fall below this number while an ideal wage would exceed this number. Given this, a good salary would be $75,000.

What salary is upper class?

An upper class income is usually considered at least 50% higher than the median household income. Therefore, an upper class income in America is $100,000 and higher. However, an upper class income also depends on where you live.

What should my salary be at 30?

What was the average and median income by age in 2021?

Age 25% Median
29 $24,615.00 $41,085.00
30 $25,000.00 $40,560.00
31 $28,000.00 $45,000.00
32 $26,001.00 $45,330.00

What is the richest city in Arkansas?

In Arkansas, Bentonville is home to more billionaires than any other city. A total of two billionaires live in Bentonville with a combined net worth of $124.6 billion. Of Bentonville residents with a minimum 10-figure net worth, Jim Walton is the wealthiest, worth an estimated $62.4 billion.

What is lower class salary?

Those making less than $42,000 make up the lower-income bracket, while those making more than $126,000 make up the upper-income bracket.

Is 75k a good salary?

75k salary is a good hourly wage when you think about it. When you get a job and you are making about $16 an hour, making over $75,000 a year seems like it would provide amazing opportunities for you. Right? The median household income is $68,703 in 2019 and increased by 6.8% from the previous year (source).

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Is it cheaper to live in Texas or Arkansas?

Arkansas is 4.3% more expensive than Texas.

What is the cheapest state to live in?

Mississippi
Mississippi. Mississippi is the cheapest state to live in in the United States. Overall, costs in the state are 17% lower than the national average. Housing costs in Mississippi are the lowest in the nation.

Why are houses so cheap in Arkansas?

Low demand to live in Arkansas (for whatever the reason, low job growth, now a desirable place to live, etc) causes low movement of inventory, which would cause low pricing (in order to move inventory quicker.

What is considered wealthy in Arkansas?

In Arkansas, it requires a personal net worth of at least $1,430,149 to be among the top 1 percent in the state, according to Windfall.