Average Salary in Arkansas
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $79,311 | $38 |
| 75th Percentile | $65,211 | $31 |
| Average | $59,388 | $29 |
| 25th Percentile | $43,621 | $21 |
Contents
What is a livable wage in Arkansas?
Living Wage Calculation for Arkansas
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 1 Child | |
| Living Wage | $13.29 | $27.15 |
| Poverty Wage | $6.13 | $10.44 |
| Minimum Wage | $10.00 | $10.00 |
What is a good salary for a single person in Arkansas?
Arkansas — $44,571 per year.
What is the average salary for a person living in Arkansas in 2021?
Average Income by State 2021
| State | Mean Household Income |
|---|---|
| New Mexico | $69,077 |
| Arkansas | $66,557 |
| West Virginia | $63,680 |
| Mississippi | $62,835 |
How much do you have to make 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 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 a good yearly salary?
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 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 |
Can a 14 year old work in Arkansas?
According to the Arkansas Department of Labor, a child must be at least 14 years old to be employed.May not work more than 6 days a week. May not work more than more than 8 hours a day or 48 hours a week. Cannot work before 6am or after 7pm – except that on nights preceding non-school days when they can work until 9pm
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 the lowest paying state in the US?
The two states with the lowest minimum wage are Georgia ($5.15) and Wyoming ($5.15). However, employers in Georgia and Wyoming who are subject to the Fair Labor Standards Act must still pay the $7.25 Federal minimum wage.
What is the highest paying job?
Highest Paying Occupations
| OCCUPATION | 2020 MEDIAN PAY |
|---|---|
| Psychiatrists | This wage is equal to or greater than $208,000 per year |
| Obstetricians and gynecologists | This wage is equal to or greater than $208,000 per year |
| Surgeons, except ophthalmologists | This wage is equal to or greater than $208,000 per year |
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 low income for a single person?
By government standards, “low-income” earners are men and women whose household income is less than double the Federal Poverty Level (FPL). For a single person household, the 2019 FPL was $12,490 a year. That means that a single person making less than $25,000 a year would be considered low income.
Is 65k a good salary for a single person?
A salary of $65,000 can be a high income in many parts in the United States but below average in other parts.A $65,000 salary may easily meet your budget needs in an area with a lower cost of living but may just cover your basics in an area with a high cost of living.
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 the wealthiest 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.
Is Arkansas expensive to live in?
An amount below 100 means Arkansas is cheaper than the US average. A cost of living index above 100 means Arkansas, Arkansas is more expensive.
Arkansas cost of living is 79.0.
| COST OF LIVING | Arkansas | United States |
|---|---|---|
| Health | 86.5 | 100 |
| Housing | 55.7 | 100 |
| Median Home Cost | $145,300 | $291,700 |
| Utilities | 95.6 | 100 |
What does the average 30 year old make?
What was the average and median income by age in 2021?
| Age | 25% | Average |
|---|---|---|
| 28 | $25,000.00 | $47,399.65 |
| 29 | $24,615.00 | $51,638.49 |
| 30 | $25,000.00 | $52,706.53 |
| 31 | $28,000.00 | $59,068.01 |
Is 75k a good salary 2020?
Today, $75,000 is a statistical gateway to the modern middle class: Though it’s more than what many Americans earn, it’s still not enough to relieve the many anxieties rooted in money.
How much do doctors make a year?
Overall, the average physician salary—including both primary doctors and specialists—was $313,000 annually, according to the 2019 Medscape Physician Compensation Report. Not only is this an impressive average salary, but it’s also a significant increase from salary averages reported by Medscape in 2015.
