Typical Expenses
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 1 Child | |
| Required annual income after taxes | $22,136 | $44,643 |
| Annual taxes | $5,517 | $11,831 |
| Required annual income before taxes | $27,652 | $56,475 |
Contents
How much do you have to make to live comfortably in Arkansas?
Arkansas — $44,571 per year.
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 |
How much do I need to live in Arkansas?
An amount below 100 means Arkansas is cheaper than the US average.
Arkansas cost of living is 79.0.
| COST OF LIVING | Arkansas | United States |
|---|---|---|
| Overall | 79 | 100 |
| Grocery | 92.7 | 100 |
| Health | 86.5 | 100 |
| Housing | 55.7 | 100 |
What is the average salary for a person living in Arkansas in 2021?
Average Income by State 2021
| State | Mean Household Income |
|---|---|
| Alabama | $69,842 |
| New Mexico | $69,077 |
| Arkansas | $66,557 |
| West Virginia | $63,680 |
Is $70000 a good salary for a single person?
According to the Bureau of Labor Statistics, the median salary of all individual workers (male and female of all races) was $881 weekly for the first quarter of 2018.An income of $70,000 surpasses both the median incomes for individuals and for households. By that standard, $70,000 is a good salary.
Is 40k a year a good salary for a single person?
While a $40,000 a year salary might categorize you in the lower-middle class and below the median individual income in America, it’s still plenty of money for you to survive on.Even if you have superb money management and are living frugal, it still doesn’t mean this salary will be good.
What are jobs that pay $50 an hour?
The 20 Best Jobs that Pay $50 an Hour
- Marketing manager. Average salary: $63.76 per hour.
- HR manager. Average salary: $54.47 per hour.
- Software developer. Average salary: $50.77 per hour.
- Physicist. Average salary: $57.49 per hour.
- Nurse practitioner.
- PR manager.
- Financial manager.
- Aerospace engineer.
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 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 |
Is Arkansas cheap to live?
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.
Why are homes so cheap in Arkansas?
Real Estate Prices in Arkansas
Home prices are very affordable in Arkansas when compared to other states. Over the last year, due to lack of available inventory home prices have gone up.
Is Arkansas an expensive state?
Living in Arkansas is less expensive than it is on average across the U.S. as a whole. According to data from the Bureau of Economic Analysis, goods and services in the state cost 14.7% less than they do on average nationwide. Compared with all other states, Arkansas has the lowest overall cost of living.
Is 110000 a good salary?
If you wonder is $110,000 a year is a good salary, consider this. The minimum wage in the United States is $7.25 an hour. If you make $110,000 a year, you make $52.88 per hour – you make more than 7 times the minimum wage.
What’s a good salary 2021?
What is a good salary in 2021? The weekly median earnings for full-time wage or salary workers in the United States in the second quarter of 2021 amounted to $990. It translates to a yearly income of approximately $51,480.
What is a good hourly wage in 2020?
For the year ended January 2020, nonfarm payroll employment increased 2,052,000, or 1.4 percent. Over that period, private employment increased by 1,875,000, or 1.5 percent. Over the past 12 months, average hourly earnings for all employees on private nonfarm payrolls increased from $27.58 to $28.44, or 3.1 percent.
How much of a house can I afford if I make 70000?
How much should you be spending on a mortgage? According to Brown, you should spend between 28% to 36% of your take-home income on your housing payment. If you make $70,000 a year, your monthly take-home pay, including tax deductions, will be approximately $4,328.
What salary do you need to live comfortably?
The median necessary living wage across the entire US is $67,690. The state with the lowest annual living wage is Mississippi, with $58,321. The state with the highest living wage is Hawaii, with $136,437.
What is a good salary for a family of 4?
Yes, a family of 4 can live on 100k per year. The average household income in the United States is approximately 73k according to the US Census Bureau. At this income level you would have to commute rather than live in the most expensive cities such as Boston, San Francisco, and Manhattan.
How much is $20 an hour annually?
If you make $20 per hour, your Yearly salary would be $39,000. This result is obtained by multiplying your base salary by the amount of hours, week, and months you work in a year, assuming you work 37.5 hours a week.
What does 15 dollars an hour annually?
With 52 weeks in the year, that means you work a total of 2,080 hours per year. Therefore a person making $15 an hour would make about $31,200 per year.
