Arkansas
Wage: $48,570 ($23.35/hr)
Home Price: $196,181
Rent: $1,067/mo
Overview
Overview of Arkansas
Arkansas offers very affordable homes (average $196,181) and a dollar goes further than in many states ($115.30 value). However, Arkansas has a very high property crime rate of 24.52 incidents per 1,000 people.
Curious what your salary would look like after taxes in Arkansas? Try our free tax calculators.
Compared to the national average, Arkansas the difference in median home prices is -43.60% – positive being higher than the national average, negative being lower. The difference in the value of $100 is 11.61% – positive meaning you can buy more with $100, negative meaning less.
Average rent disparity compared to the national average is -33.25% and property crime is 29.63%.
Counties
Pulaski, Benton, Washington
Zip Codes
72202, 72701, 72116
Popular Metro Area
Little Rock-North Little Rock
Most Populated City
Little Rock
Median Home Price
$196,181
Value of $100
$115.3
Average Monthly Rent
$1,067
Property Crime Per 1000
24.52
Cost of Living
Cost of Living in Arkansas
The average monthly cost of living expenses in Arkansas including: energy, internet, phone bills and miscellaneous expenses.
Total Utilities Cost Per Month
$404
Energy Bill
$123.69
Monthly Water Bill
$26
Monthly Internet
$30
Natural Gas (Utilities)
$65
Monthly Phone Bill
$114
Streaming Services
$45.50
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Crime
Crime in Arkansas
Typical crime rates in Arkansas including: Crime Rate Per 100k Residents, Violent Crime Per 100k Residents, and Non-Violent Crime Per 100k Residents.
Population
3,011,524
Crime Rate Per 100k Residents
5898.75
Violent Crime Per 100k Residents
671.93
Non-Violent Crime Per 100k Residents
5226.822
Jobs
Jobs in Arkansas
Key job metrics including: Unemployment Rate, Average Wage, and Labor Force Participation.
Job Growth Rate (%)
1
Unemployment Rate (%)
3.63
Job Openings Level
71,000
Annual Average Wage
$48,570
Hourly Average Wage
$23.35
Labor Force Participation (%)
57.2
Taxes
Taxes in Arkansas
Tax rates including: state, local, and combined sales tax rate.
State Sales Tax
7%
Average Local Sales Tax
3%
Combined Sales Tax Rate
9%
Our cost of living database is in beta. Found an error? Let us know →
References
We use original research, government sources, and trusted private organizations such as the U.S. Census Bureau, American Community Survey, Zillow, RentCafe, Tax Foundation, Forbes Advisor, Forbes Home, NCSL, U.S. Bureau of Labor Statistics, and the Federal Bureau of Investigation.
