Salary & Cost of Living in Fayetteville, AR
Fayetteville, AR: $55,200 median salary, cost of living index 91, $11.00/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$55,200
$27/hr
Cost of Living
91
US avg = 100
Minimum Wage
$11.00
per hour
Unemployment
2.8%
rate
Fayetteville, AR Overview
Population
93,949
Median Salary
$55,200
Average Salary
$61,000
Avg Commute
20 min
Median Home Price
$280,000
Median Rent
$1,050/mo
Job Growth
+2.5%
Sales Tax
9.75%
Fayetteville is located in Arkansas with a population of 93,949. The median household salary is $55,200 per year ($27/hour), which is $4,184 below the national median of $59,384. The average commute time is 20 minutes, and the city has a job growth rate of +2.5%.
Fayetteville Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Fayetteville, AR, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$44,239
$3,686.58/month · $1,701.50/biweekly · Effective Rate: 19.9%
Gross Pay
$55,200
Federal Tax
-$4,586
State Tax
-$2,153
Local Tax
$0
FICA
-$4,223
Net Pay
$44,239
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $4,600.00 | $55,200.00 |
| Federal Income Tax | -$382.13 | -$4,585.50 |
| Arkansas State Tax (3.9%) | -$179.40 | -$2,152.80 |
| Social Security (6.2%) | -$285.20 | -$3,422.40 |
| Medicare (1.45%) | -$66.70 | -$800.40 |
| Net Take-Home Pay | $3,686.58 | $44,238.90 |
Salary Comparison: Fayetteville vs Other Cities
See how Fayetteville's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Fayetteville, AR | $55,200 | 91 | $60,659 |
| National Average | $59,384 | 100 | $59,384 |
| Santa Ana, CA | $55,000 | 150 | $36,667 |
| Ontario, CA | $55,000 | 108 | $50,926 |
| New Haven, CT | $55,000 | 115 | $47,826 |
| Cape Coral, FL | $55,000 | 98 | $56,122 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Fayetteville
Fayetteville's cost of living index is 91 (national average = 100). Living in Fayetteville is 9% less expensive than the national average.
Median Home Price
$280,000
Median Monthly Rent
$1,050
Annual Rent Cost
$12,600
Your Salary's Purchasing Power
Your $44,239 annual take-home pay in Fayetteville has the purchasing power of approximately $48,614 in an average-cost US area. Your $55,200 salary stretches further here than in most US cities.
Top Industries in Fayetteville
Fayetteville's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $55,200.
Salary Tips for Fayetteville Workers
- Research top industries. Fayetteville's top industries include Education, Retail, Technology. Targeting roles in these sectors can help you earn above the $55,200 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Explore Salaries Across the US
Compare salary data and cost of living for hundreds of US cities. Find out where your paycheck goes the furthest.
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Frequently Asked Questions
What is the median salary in Fayetteville, AR?
The median salary in Fayetteville, AR is $55,200 per year, or $27 per hour. The average salary is $61,000. This is $4,184 below the national median of $59,384.
What is the cost of living in Fayetteville, AR?
Fayetteville's cost of living index is 91 (national average = 100), meaning it is 9% less expensive compared to the national average. The median home price is $280,000 and the median monthly rent is $1,050.
What are the best industries in Fayetteville?
The top industries in Fayetteville, AR include Education, Retail, Technology. The city has a job growth rate of 2.5% and an unemployment rate of 2.8%. Workers in these industries often earn above the city's median salary of $55,200.
How does Fayetteville's salary compare to other cities?
Fayetteville's median salary of $55,200 is 7.0% below the national median of $59,384. However, when adjusted for cost of living (index: 91), the real purchasing power is approximately $60,659.
What is the minimum wage in Fayetteville, AR?
The minimum wage in Fayetteville, AR is $11.00 per hour. This equals approximately $22,880 per year for a full-time worker (40 hours/week). This is $3.75 above the federal minimum wage of $7.25/hour.