Salary Overview for Arkansas
The median individual income in Arkansas is $30,690 per year, while the mean (average) individual income is $40,110. The median household income is $56,335.
Cost of Living Adjusted Salary
Arkansas's cost of living index is 86 (national average = 100). This means the median salary of $30,690 in Arkansas has the purchasing power of approximately $35,686 at the national average cost of living. Your dollar goes further in Arkansas than in most states.
Minimum Wage in Arkansas
The current minimum wage in Arkansas is $11.00/hour, which equals approximately $22,880 per year for a full-time worker (40 hours/week, 52 weeks). See our complete Arkansas minimum wage guide for tipped wages, scheduled increases, and more.
Top Employers in Arkansas
- Walmart
- Tyson Foods
- University of Arkansas
Major Industries in Arkansas
- Retail
- Agriculture
- Manufacturing
Tax Rates in Arkansas
See the full tax breakdown including income tax, sales tax, property tax, and more on our Arkansas tax rates page.
Calculate Your Take-Home Pay
Use our Salary Calculator to convert between hourly, weekly, monthly, and annual pay, and estimate your take-home pay in Arkansas after federal and state taxes.