What is the prevailing wage in Arkansas?

The prevailing wage determination reflects a basic hourly rate of $10.00 an hour and fringe benefit contribution of $2.00 per hour.

What is average pay per hour in Arkansas?

$16
Hourly Rate Salary in Arkansas

	Annual Salary	Hourly Wage
Top Earners	$55,077	$26
75th Percentile	$42,739	$21
Average	$34,142	$16
25th Percentile	$25,555	$12

How does salary work in Arkansas?

The earned income of employees on salary must be equivalent to or higher than the minimum wage according to the number of hours worked, and employers must pay overtime pay equal to 1.5 times the normal rate of pay to nonexempt salaried employees when they work more than 40 hours in a week.

What is considered a good salary in Arkansas?

While ZipRecruiter is seeing salaries as high as $139,095 and as low as $19,092, the majority of salaries within the Average jobs category currently range between $45,456 (25th percentile) to $68,184 (75th percentile) with top earners (90th percentile) making $90,912 annually in Arkansas.

What will Arkansas minimum wage be in 2021?

$11 an hour
The state’s minimum wage went up from $8.50 an hour to $9.25 an hour on Jan. 1, 2019. Then it increased to $10 an hour on January 1, 2020. Then it went up again to $11 an hour on January 1, 2021.

What is the minimum wage in Arkansas 2020?

$10.00 per hour
The State minimum wage is: $9.25 per hour effective January 1, 2019; $10.00 per hour effective January 1, 2020; $11.00 per hour effective January 1, 2021. The Arkansas Minimum Wage Act covers employers with 4 or more employees.

What is middle class income in Arkansas?

How much you have to earn to be middle class in every state

State	Middle-class income	Median household income
Indiana	$43,310	$57,603
Mississippi	$41,839	$45,792
West Virginia	$41,649	$48,850
Arkansas	$40,928	$48,952

How much money do I need to live comfortably in Arkansas?

Arkansas — $44,571 per year.

Is minimum wage going up to $15 an hour in Arkansas?

The new law increases the minimum wage to $15 per hour by Jan. 1, 2022, for employers with 26 or more employees. For employers with 25 or fewer employees the minimum wage will reach $15 per hour by Jan. 1, 2023.

How much does McDonald’s pay per hour in Arkansas?

Average McDonald’s Cashier hourly pay in Arkansas is approximately $8.81, which is 25% below the national average.

Is Arkansas expensive to live in?

Living in Arkansas is less expensive than it is on average across the U.S. as a whole. According to data from the Bureau of Economic Analysis, goods and services in the state cost 14.7% less than they do on average nationwide. Compared with all other states, Arkansas has the lowest overall cost of living.

Is it cheaper to live in Texas or Arkansas?

Arkansas is 2.6% cheaper than Texas.