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Business & Finance · Arkansas

How to Become a Budget Analysts in Arkansas

Budget Analysts in Arkansas earn a median salary of $71,800/year, which is 22% below the national average. Arkansas has a state income tax of ~3.7%. After taxes and rent, a budget analysts takes home approximately $3,416/month. Most positions require Bachelor's degree.

$72K
Median salary in Arkansas
-22%
vs. national average
3.7%
State income tax
320
Employed in Arkansas

What a budget analysts can afford in Arkansas

Gross annual salary$71,800
Est. monthly take-home (after fed + 3.7% state tax)$4,689/mo
Median 2BR rent (Arkansas)-$1,273/mo
Rent as % of take-home27.1% (within guideline)
Cost-of-living adjusted salary$71,800/yr (RPP: 100)
Monthly remaining after rent$3,416/mo

Becoming a budget analysts in Arkansas

1

Meet education requirements

Budget Analysts positions in Arkansas typically require Bachelor's degree. Programs are available at colleges and training institutions across Arkansas. Research accredited programs in your area.

2

Gain required experience

Many budget analysts positions in Arkansas require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.

3

Obtain Arkansas licensure or certification

Arkansas may require specific licensing or professional certification for budget analystss. Requirements vary by state, contact the Arkansas Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.

4

Find positions in Arkansas

Arkansas employs 320 budget analysts. The highest concentrations are in Fayetteville-Springdale-Rogers and Little Rock-North Little Rock-Conway.

Budget Analysts salary by metro area in Arkansas

Metro areaMedianHourlyEmployment
Fayetteville-Springdale-Rogers$74K$35.67/hr40
Little Rock-North Little Rock-Conway$66K$31.71/hr160

Budget Analysts salary range in Arkansas

10th percentile (entry)
$47K
25th percentile
$53K
Median (50th)
$72K
75th percentile
$89K
90th percentile (senior)
$106K
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Frequently asked questions

How much does a budget analysts make in Arkansas?

The median budget analysts salary in Arkansas is $71,800 per year ($34.52/hr). This is 22% below the national median of $91,640. Salaries range from $46,750 to $106,330.

What are the requirements to become a budget analysts in Arkansas?

Budget Analysts positions in Arkansas typically require Bachelor's degree. Arkansas may have specific licensing or certification requirements. Check with the Arkansas licensing board or department of labor for current requirements.

Can a budget analysts afford to live in Arkansas?

At the median salary of $71,800, a budget analysts in Arkansas would take home approximately $4,689/month after taxes. With median 2-bedroom rent at $1,273/month, that's 27.1% of take-home pay going to housing. This is within the recommended 30% guideline.

What are the best cities for budget analysts in Arkansas?

The highest paying metro areas for budget analysts in Arkansas are Fayetteville-Springdale-Rogers ($74,180), Little Rock-North Little Rock-Conway ($65,950). However, cost of living varies significantly between metros, a higher salary may not mean more purchasing power.

Does Arkansas have state income tax for budget analysts?

Yes, Arkansas has a state income tax rate of approximately 3.7%. On a $71,800 salary, this means roughly $2,632/year in state income tax. Use our take-home pay calculator for a detailed breakdown.