Paycheck Atlas

Is $40k a good salary in Hot Springs, AR?

tight A $40k salary is 30% below the median household income here ($57,181). After tax you take home about $2,730 a month, and median rent ($966) takes 35% of that.

$32,760 take-home a year
Gross pay$40,000
Federal income tax−$2,620
Social Security + Medicare−$3,060
Arkansas income tax (approx.)−$1,560
Monthly take-home$2,730
Every two weeks$1,260
$46,658What $40k buys in Hot Springs, AR, expressed in average-US prices (price level 85.7).
35%Rent share of take-home. Under 25% is comfortable, 25–35% workable, above 35% tight.

Other salaries in Hot Springs, AR

Median household income and rent: Census 2024 ACS 5-year. Household income covers all earners, so compare with care if you live alone. Take-home is an estimate for a single filer.