How to Become a Financial Managers in Arkansas
Financial Managers in Arkansas earn a median salary of $103,410/year, which is 36% below the national average. Arkansas has a state income tax of ~3.7%. After taxes and rent, a financial managers takes home approximately $5,027/month. Most positions require Bachelor's degree.
What a financial managers can afford in Arkansas
Becoming a financial managers in Arkansas
Meet education requirements
Financial Managers positions in Arkansas typically require Bachelor's degree. Programs are available at colleges and training institutions across Arkansas. Research accredited programs in your area.
Gain required experience
Many financial managers 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.
Obtain Arkansas licensure or certification
Arkansas may require specific licensing or professional certification for financial managerss. Requirements vary by state — contact the Arkansas Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Arkansas
Arkansas employs 6,500 financial managers. The highest concentrations are in Fayetteville-Springdale-Rogers and Fort Smith.
Financial Managers salary by metro area in Arkansas
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Fayetteville-Springdale-Rogers | $138K | $66.58/hr | 1,530 |
| Fort Smith | $105K | $50.55/hr | 400 |
| Jonesboro | $102K | $49.04/hr | 240 |
| Little Rock-North Little Rock-Conway | $101K | $48.32/hr | 2,170 |
| Hot Springs | $96K | $46.03/hr | 90 |
Financial Managers salary range in Arkansas
Financial Managers careers in other states
Frequently asked questions
How much does a financial managers make in Arkansas?▼
The median financial managers salary in Arkansas is $103,410 per year ($49.72/hr). This is 36% below the national median of $161,700. Salaries range from $55,850 to $216,600.
What are the requirements to become a financial managers in Arkansas?▼
Financial Managers 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 financial managers afford to live in Arkansas?▼
At the median salary of $103,410, a financial managers in Arkansas would take home approximately $6,439/month after taxes. With median 2-bedroom rent at $1,412/month, that's 21.9% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for financial managers in Arkansas?▼
The highest paying metro areas for financial managers in Arkansas are Fayetteville-Springdale-Rogers ($138,490), Fort Smith ($105,140), Jonesboro ($102,000). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.
Does Arkansas have state income tax for financial managers?▼
Yes, Arkansas has a state income tax rate of approximately 3.7%. On a $103,410 salary, this means roughly $3,865/year in state income tax. Use our take-home pay calculator for a detailed breakdown.