Salary & Cost of Living in Little Rock, AR
Little Rock, AR: $53,500 median salary, cost of living index 88, $11.00/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$53,500
$26/hr
Cost of Living
88
US avg = 100
Minimum Wage
$11.00
per hour
Unemployment
3.2%
rate
Little Rock, AR Overview
Population
202,591
Median Salary
$53,500
Average Salary
$59,000
Avg Commute
22 min
Median Home Price
$185,000
Median Rent
$950/mo
Job Growth
+1.2%
Sales Tax
9.63%
Little Rock is located in Arkansas with a population of 202,591. The median household salary is $53,500 per year ($26/hour), which is $5,884 below the national median of $59,384. The average commute time is 22 minutes, and the city has a job growth rate of +1.2%.
Little Rock Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Little Rock, AR, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$42,939
$3,578.27/month · $1,651.51/biweekly · Effective Rate: 19.7%
Gross Pay
$53,500
Federal Tax
-$4,382
State Tax
-$2,087
Local Tax
$0
FICA
-$4,093
Net Pay
$42,939
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $4,458.33 | $53,500.00 |
| Federal Income Tax | -$365.13 | -$4,381.50 |
| Arkansas State Tax (3.9%) | -$173.88 | -$2,086.50 |
| Social Security (6.2%) | -$276.42 | -$3,317.00 |
| Medicare (1.45%) | -$64.65 | -$775.75 |
| Net Take-Home Pay | $3,578.27 | $42,939.25 |
Salary Comparison: Little Rock vs Other Cities
See how Little Rock's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Little Rock, AR | $53,500 | 88 | $60,795 |
| National Average | $59,384 | 100 | $59,384 |
| Champaign, IL | $54,000 | 88 | $61,364 |
| Baton Rouge, LA | $53,000 | 90 | $58,889 |
| Tulsa, OK | $54,000 | 85 | $63,529 |
| Kenosha, WI | $53,000 | 90 | $58,889 |
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 Little Rock
Little Rock's cost of living index is 88 (national average = 100). Living in Little Rock is 12% less expensive than the national average.
Median Home Price
$185,000
Median Monthly Rent
$950
Annual Rent Cost
$11,400
Your Salary's Purchasing Power
Your $42,939 annual take-home pay in Little Rock has the purchasing power of approximately $48,795 in an average-cost US area. Your $53,500 salary stretches further here than in most US cities.
Top Industries in Little Rock
Little Rock's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $53,500.
Salary Tips for Little Rock Workers
- Your salary goes further here. Little Rock has a cost of living 12% below the national average. A salary of $53,500 here has the purchasing power of about $60,795 in an average-cost area.
- Research top industries. Little Rock's top industries include Government, Healthcare, Finance. Targeting roles in these sectors can help you earn above the $53,500 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.
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Frequently Asked Questions
What is the median salary in Little Rock, AR?
The median salary in Little Rock, AR is $53,500 per year, or $26 per hour. The average salary is $59,000. This is $5,884 below the national median of $59,384.
What is the cost of living in Little Rock, AR?
Little Rock's cost of living index is 88 (national average = 100), meaning it is 12% less expensive compared to the national average. The median home price is $185,000 and the median monthly rent is $950.
What are the best industries in Little Rock?
The top industries in Little Rock, AR include Government, Healthcare, Finance. The city has a job growth rate of 1.2% and an unemployment rate of 3.2%. Workers in these industries often earn above the city's median salary of $53,500.
How does Little Rock's salary compare to other cities?
Little Rock's median salary of $53,500 is 9.9% below the national median of $59,384. However, when adjusted for cost of living (index: 88), the real purchasing power is approximately $60,795.
What is the minimum wage in Little Rock, AR?
The minimum wage in Little Rock, 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.