Calculate Your Take-Home Pay Accurately
Are you interested in your take-home pay in Arkansas? Our Arkansas Salary Paycheck Calculator provides a precise estimate of your net income after deductions. Whether you’re a current resident or considering relocating to the Bay State, knowing how your paycheck is distributed can help you manage your finances effectively.
Gross To Net Calculator
The amount that remains after these deductions are considered your net pay.
Arkansas Taxes: What You Need to Know
Federal taxes are the taxes you pay to the U.S. government, which is expected to be the same everywhere in the U.S. Likewise, federal taxes applicable to Arkansas citizens are no different. The amount withheld depends on your income level and filing status. Arkansas’s state income taxes vary based on individual income. However, some localities may also have additional taxes, which is rare.
FICA & State Insurance Taxes
- FICA Taxes: FICA stands for the Federal Insurance Contributions Act. It includes Social Security and Medicare taxes, which the employee and the employer contribute.
- State Insurance Taxes: These include unemployment insurance and other state-specific insurance programs.
Pre-Tax Deductions
These are deductions taken from an individual’s gross pay before taxes are applied, which reduces your taxable income. The pre-tax deductions also include:
- Medical Insurance: They are premiums for health insurance plans.
- 401(k) Contributions: It is the money you set aside for retirement. This can lower your taxable income and grow tax-deferred until you withdraw it in retirement.
Arkansas Income taxes breakdown table for 2024:
| Tax Type | Details | Amount | Percentage |
| Federal | Federal income tax based on IRS tax brackets | $5,000 | 10% |
| FICA | Social Security and Medicare taxes (7.65% of gross income) | $3,825 | 7.65% |
| State | Arkansas state income tax based on state tax brackets | $2,500 | 5% |
| Local | Local taxes, if applicable (varies by locality) | $500 | 1% |
| Total Income Taxes | Sum of Federal, FICA, State, and Local taxes | $11,825 | 23.65% |
| Income After Taxes | Gross income minus Total Income Taxes | $38,175 | 76.35% |
| Retirement Contributions | Contributions to retirement plans (e.g., 401(k), IRA) | $3,000 | 6% |
| Take-Home Pay | Income After Taxes minus Retirement Contributions | $35,175 | 70.35% |
Median household income in Arkansas
The median household income in Alabama was 59,910 U.S. dollars (in 2022), in 2023 it came to 60,660 U.S. dollars. In 2020, it was 54,689, which was slightly less than it is today.
Arkansas Tax Brackets 2024
Arkansas structured its income tax brackets to ensure a fair distribution of tax responsibilities. The tax rates change based on individual income level and filing status, such as single or married filing jointly.
Higher earners will pay a higher percentage of their income in taxes, while lower incomes will pay less. The state aims to make the tax system more equitable and manageable for everyone.
Here’s a table summarizing the recent Arkansas Tax Brackets;
| Filing Status | Income Range | Tax Rate |
| Single Filers | Income up to $5,099 | 0% |
| Single Filers | $5,099.01 to $10,299 | 2% |
| Single Filers | $10,299.01 to $14,699 | 3% |
| Single Filers | $14,699.01 to $24,299 | 3.4% |
| Single Filers | $24,299.01 to $87,000 | 4.7% |
| Single Filers | Above $87,000 | 0% |
| Married (Joint) Filers | Income up to $5,099 | 0% |
| Married (Joint) Filers | $5,099.01 to $10,299 | 2% |
| Married (Joint) Filers | $10,299.01 to $14,699 | 3% |
| Married (Joint) Filers | $14,699.01 to $24,299 | 3.4% |
| Married (Joint) Filers | $24,299.01 to $87,000 | 4.7% |
| Married (Joint) Filers | Above $87,000 | 0% |
Standard Deductions
| Filing Status | Standard Deduction |
| Single Filers | $2,340 |
| Married (Joint) Filers | $4,680 |
For individuals with an annual income of less than $89,600
- 0% on income up to $5,299
- 2% on income from $5,300 to $10,599
- 3% on income from $10,600 to $15,099
- 3.4% on income from $15,100 to $24,299
- 3.9% on income from $24,300 to $89,60012
For individuals with an annual income greater than $89,600
- 2% on income up to $4,500
- 3.9% on income above $4,500
During Act 1 of the Third Extraordinary Session of the 93rd General Assembly, a one-time inflationary relief income tax credit was introduced for Arkansas residents who file a full-year resident income tax return.
Individual taxpayers with a net income of up to $101,000 may receive an income tax credit ranging from $10 to $150 based on their 2022 net income. For joint filers with a net income of up to $202,000, the income tax credit can range from $20 to $300, depending on their 2022 net income.
Frequently Asked Questions
The Arkansas Paycheck Calculator considers federal, state, and local taxes. However, Arkansas does not have local income taxes, so you won’t need to worry about those.
Yes, Arkansas allows standard and itemized deductions like federal deductions. These include real estate taxes, charitable contributions, mortgages, and investment interest.
There are many paycheck calculators that are regularly updated to reflect the latest tax laws and rates. Keka Arkansas paycheck calculator is a free tool for calculating your take-home pay.
Arkansas has a progressive income tax system with rates ranging from 2% to 4.7%, which is generally lower than federal tax rates. The standard deduction in Arkansas is also lower than the federal standard deduction.
Keka Arkansas paycheck calculator allows you to input additional income sources and multiple jobs. They allow you to enter details for multiple jobs and other income sources for an accurate estimate.
Pre-tax deductions such as health insurance premiums and retirement contributions can be entered into the Arkansas Paycheck Calculator. These deductions are taken from your gross pay before taxes are calculated, reducing your taxable income.
When using the Arkansas Paycheck Calculator, you can select your filing status as “Married Filing Jointly” to ensure the calculations reflect the combined income and deductions for you and your spouse.
