What is considered middle class in Arkansas?
Table of Contents
What is considered middle class in Arkansas?
US Household Income by Tier
| Location | Middle Income | |
|---|---|---|
| 1 | Alabama | $/td> |
| 2 | Alaska | $/td> |
| 3 | Arizona | $/td> |
| 4 | Arkansas | $/td> |
What is middle class for single person?
Range of household incomes needed to be considered middle class, by family size
| State | Single | Family of four |
|---|---|---|
| California | $29,851 – $89,552 | $59,702 – $179,105 |
| Colorado | $26,876 – $80,629 | $53,752 – $161,257 |
| Connecticut | $28,364 – $85,091 | $56,727 – $170,181 |
| Delaware | $26,146 – $78,437 | $52,291 – $156,873 |
How much does the average person make in Arkansas?
How much money does a person working in Arkansas make? A person working in Arkansas typically earns around 97,700 USD per year. Salaries range from 24,700 USD (lowest average) to 436,000 USD (highest average, actual maximum salary is higher).
What is the minimum wage in Arkansas in 2020?
$10.00 per hour
Why is it so cheap to live in Arkansas?
@Cameron McNulty demand. Low demand to live in Arkansas (for whatever the reason, low job growth, now a desirable place to live, etc) causes low movement of inventory, which would cause low pricing (in order to move inventory quicker.
How much do you need to make to live in Arkansas?
Typical Expenses
| 1 ADULT | ||
|---|---|---|
| 0 Children | 1 Child | |
| Required annual income after taxes | $22,136 | $46,422 |
| Annual taxes | $5,517 | $12,303 |
| Required annual income before taxes | $27,652 | $58,725 |
What is the cheapest city to live in Arkansas?
The Most Affordable Places To Live In Arkansas
| Rank | City | Income/Rent Ratio |
|---|---|---|
| 1 | De Queen | 64.6x |
| 2 | Stuttgart | 69.7x |
| 3 | Blytheville | 60.7x |
| 4 | Walnut Ridge | 70.3x |
What state has the lowest cost of living?
States with the Lowest Cost of Living
- Mississippi. Mississippi has the lowest cost out of living of all 50 states.
- Oklahoma. Oklahoma has the second-lowest cost of living in the United States.
- Arkansas. The state with the third-lowest cost of living in Arkansas.
- Kansas.
- Missouri.
- Georgia.
- Alabama.
- New Mexico.
What is the cheapest and safest state to live in?
- Mississippi. As of 2019, Mississippi is ranked as the most affordable states to live in, with a cost of living that’s about 15% lower than the United States average.
- Arkansas. Arkansas is next on the list.
- Oklahoma.
- Missouri.
- Tennessee.
- Michigan.
- Kansas.
- Georgia.
What is the most expensive state to live in 2020?
California
What state has highest cost of living?
Hawaii
What city has the highest cost of living?
- New York City, New York. New York City leads the pack as the most expensive city in the United States.
- San Francisco, California.
- Honolulu, Hawaii.
- Boston, Massachusetts.
- Washington, D.C.
- Oakland, California.
- San Jose, California.
- San Diego, California.
What is the average cost of a house in 2020?
Median existing home prices (all housing types)
| Median home price | March | May |
|---|---|---|
| 2020 | $280,600 | $284,600 |
| 2019 | $259,400 | $278,200 |
Which city is most expensive to buy a house?
San Francisco
Where is the most expensive place to buy property?
Most expensive residential property markets worldwide in 2020 (in 1,000 U.S. dollars)
| Average price of property in thousand U.S. dollars | |
|---|---|
| Vancouver | 754.62 |
| Los Angeles | 717.58 |
| Paris | 650.55 |
| New York | 646.03 |
