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How to Become a Economists in Arkansas

Economists in Arkansas earn a median salary of $91,560/year, which is 27% below the national average. Arkansas has a state income tax of ~3.7%. After taxes and rent, a economists takes home approximately $3,533/month. Most positions require Bachelor's degree.

$92K
Median salary in Arkansas
-27%
vs. national average
3.7%
State income tax
50
Employed in Arkansas

What a economists can afford in Arkansas

Gross annual salary$91,560
Est. monthly take-home (after fed + 3.7% state tax)$5,783/mo
Median 2BR rent (Arkansas)-$2,250/mo
Rent as % of take-home38.9% (above 30% guideline)
Cost-of-living adjusted salary$91,560/yr (RPP: 100)
Monthly remaining after rent$3,533/mo

Becoming a economists in Arkansas

1

Meet education requirements

Economists 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 economists 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 economistss. 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 50 economists. The highest concentrations are in Little Rock-North Little Rock-Conway.

Economists salary by metro area in Arkansas

Metro areaMedianHourlyEmployment
Little Rock-North Little Rock-Conway$85K$40.86/hr40

Economists salary range in Arkansas

10th percentile (entry)
$55K
25th percentile
$65K
Median (50th)
$92K
75th percentile
$107K
90th percentile (senior)
$137K
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Frequently asked questions

How much does a economists make in Arkansas?

The median economists salary in Arkansas is $91,560 per year ($44.02/hr). This is 27% below the national median of $124,720. Salaries range from $55,130 to $136,990.

What are the requirements to become a economists in Arkansas?

Economists 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 economists afford to live in Arkansas?

At the median salary of $91,560, a economists in Arkansas would take home approximately $5,783/month after taxes. With median 2-bedroom rent at $2,250/month, that's 38.9% of take-home pay going to housing. This exceeds the recommended 30% guideline.

What are the best cities for economists in Arkansas?

The highest paying metro areas for economists in Arkansas are Little Rock-North Little Rock-Conway ($85,000). However, cost of living varies significantly between metros, a higher salary may not mean more purchasing power.

Does Arkansas have state income tax for economists?

Yes, Arkansas has a state income tax rate of approximately 3.7%. On a $91,560 salary, this means roughly $3,403/year in state income tax. Use our take-home pay calculator for a detailed breakdown.