$47,597.
Table
| Population | |
|---|---|
| Income & Poverty | |
| Median household income (in 2019 dollars), 2015-2019 | $47,597 |
| Per capita income in past 12 months (in 2019 dollars), 2015-2019 | $26,577 |
| Persons in poverty, percent | 16.2% |
Contents
What is the average individual income in Arkansas?
Arkansas Per Capita Income
The ACS survey shows the median per capita income for Arkansas was $27,274 in 2019. Compared to the US per capita income, Arkansas per capita income is $8,398 lower. Per capita income numbers for 2020 will be released in September of 2021.
What is the average income in Arkansas 2020?
50,540 U.S. dollars
In 2020, the median household income in Arkansas amounted to 50,540 U.S. dollars. This is a decrease from the previous year, when the median household income in the state was 54,539 U.S. dollars.
Is Arkansas a wealthy state?
Arkansas is the 48th richest state in the United States of America, with a per capita income of $16,904 (2000).
What is the average net worth in Arkansas?
West Virginia ($376,690), Mississippi ($407,691), Arkansas ($439,790) and Oklahoma ($448,494) round out the bottom five states in average net worth.
Net Worth Breakdown by State.
| Rank | State | Amount |
|---|---|---|
| 47 | Oklahoma | $448,494 |
| 48 | Arkansas | $439,790 |
| 49 | Mississippi | $407,691 |
| 50 | West Virginia | $376,690 |
What is a good salary in Arkansas?
$20.97 is the 25th percentile. Wages below this are outliers. $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 |
What is middle class income in Arkansas?
Meanwhile, the Pew Charitable Trusts considers middle-class households to be those earning 67% to 200% of a state’s median income.
Popular Articles.
| State | Middle-class income | Median household income |
|---|---|---|
| Mississippi | $41,839 | $45,792 |
| West Virginia | $41,649 | $48,850 |
| Arkansas | $40,928 | $48,952 |
What is a good median household income?
Median Household Income by State 2021
| State | Median Household Income |
|---|---|
| Connecticut | $78,444 |
| Alaska | $77,640 |
| New Hampshire | $76,768 |
| California | $75,235 |
What is the most common job in Arkansas?
The most common jobs held by residents of Arkansas, by number of employees, are Driver/sales workers & truck drivers (45,615 people), Registered nurses (31,933 people), and Firstline supervisors of retail sales workers (29,319 people).
What is poverty level income in Arkansas?
How is poverty defined? In 2018, the federal poverty income threshold was $25,465 for a family of four with two children, and $17,308 for a single parent of one child. If a family’s total income is less than the corresponding threshold, then that family and every individual in it is considered in poverty.
What is the poorest town in Arkansas?
Helena-West
Trailing only Mississippi, Arkansas is the second poorest state in the country. In Helena-West Helena, Arkansas’s poorest town, over 50% of households earn less than $22,000 a year. Of the area’s 11,200 residents, 42.5% live below the poverty line, more than double the 18.1% poverty rate across the state as a whole.
What is the richest town 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 the poorest US state?
New Hampshire
States, federal district, and territories
| Rank | State | Supplemental Poverty Measure (2017–2019 average) (Geographically Adjusted) |
|---|---|---|
| – | United States | 11.7% |
| 1 | New Hampshire | 8.3% |
| 2 | Utah | 8.0% |
| 3 | Maryland | 12.0% |
What is middle class worth?
If your net worth is between $43,760 and $201,800, you are in the middle class.
Quintiles.
| Quintile | Definition | Median Net Worth |
|---|---|---|
| Middle 20% | Middle Class | $104,700 |
| Next 20% | Upper-Middle Class | $201,800 |
| Top 20% | Wealthy | $608,900 |
What is the average net worth of a 70 year old?
The most recent report released in September 2020 (using data collected in 2019) shows the median U.S. household net worth is $121,700 — but it’s more than double that for people ages 65 to 74. According to the Fed data, the median net worth for Americans in their late 60s and early 70s is $266,400.
What is the 1% in income Arkansas?
Arkansas individuals required at least $331,074 in annual income to make the cut-off, below the $421,926 required to be considered among the top 1 percent in the nation. The report showed that the average annual income of the top 1 percent in Arkansas was $864,772.
How much money do you need to live comfortably in Arkansas?
While you can get by as a single person on a $22,000 annual salary in Kentucky or Arkansas, you’ll need at least $30,000 in Hawaii or Maryland. That’s according to data from MIT’s living wage calculator, which determines the minimum amount necessary to meet basic needs without relying on outside help.
What is a good hourly wage in Arkansas?
$12.29 is the 25th percentile. Wages below this are outliers. $20.55 is the 75th percentile. Wages above this are outliers.
What are Top 10 Highest Paying Cities for Hourly Rate Jobs in Arkansas.
| City | Fayetteville |
|---|---|
| Annual Salary | $38,271 |
| Monthly Pay | $3,189 |
| Weekly Pay | $736 |
| Hourly Wage | $18.40 |
How much do you have to make to live comfortably in Arkansas?
Arkansas — $44,571 per year.
Is $40 000 a year middle class?
For example, a person who makes $40,000 per year may be middle-class in a small, rural town. But that same income in a large coastal city would be well below the median income.Pew Research defines being middle-class as making 75% and 200% of the median income.
What is upper class salary?
For a family of three, that ranges from $40,100 to $120,400 for 2018 incomes in a recent Pew study.
What Is a Middle-Class Income?
| Income group | Income |
|---|---|
| Lower-middle class | $32,048 – $53,413 |
| Middle class | $53,413 – $106,827 |
| Upper-middle class | $106,827 – $373,894 |
