Town24,520 people

West Memphis, AR

Discover how far your salary goes in West Memphis. Compare taxes, rent, and living costs.

Cost Index
79
💚 Very Affordable
Population

24,520

State Tax

5.5%

1BR Rent

$931

/month

vs National

-33%

below avg

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Rent Prices in West Memphis

🏠

Studio

$745

/month

$8,940/year

Most Common
🛏️

1 Bedroom

$931

/month

$11,172/year

🏡

2 Bedroom

$1,257

/month

$15,084/year

🏘️

3 Bedroom

$1,629

/month

$19,548/year

Taxes in Arkansas

State Income Tax

Arkansas

5.5%

For a $100k salary, that's ~$5,500/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in West Memphis, AR?

West Memphis has a cost of living index of 79, which is 21% below the national average. A 1-bedroom apartment costs around $931/month.

What is the state income tax in Arkansas?

Arkansas has a state income tax rate of approximately 5.5%. This is in addition to federal income tax.

How much is rent in West Memphis?

The median rent for a 1-bedroom apartment in West Memphis is $931/month. For a 2-bedroom, expect to pay around $1,257/month. This is 33% below the national average.

Is West Memphis a good place to live?

West Memphis is a town with a population of 24,520. The cost of living is very affordable, making it more affordable than average for the US.

See the complete picture for West Memphis

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