Psychiatrists Salary in Arkansas After Taxes (2024)

How much does a Psychiatrists actually take home in Arkansas?

Progressive (up to 4.4%) — 27.3% effective total tax rate

Data: BLS OEWS 2024 + IRS/State Tax Brackets 2024 • Updated 2026-04-02

Gross Salary
$120,530
Median annual (2024)
-$32,869
Take-Home Pay
$87,660
After all taxes

Your Estimated Paycheck

Annual
$87,660
Monthly
$7,305
Bi-Weekly
$3,371
Hourly
$42.14

See cost-of-living adjusted salary →

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Where Your Salary Goes

Out of every dollar a Psychiatrists earns in Arkansas, here is how it is split between taxes and take-home pay.

Federal Income Tax (15.3%)
Arkansas State Tax (4.3%)
FICA (SS + Medicare) (7.7%)
Take-Home Pay (72.7%)

Complete Tax Breakdown

Detailed line-by-line tax calculation for a Psychiatrists earning $120,530 in Arkansas (single filer, standard deduction).

Tax Component Annual Amount Effective Rate
Gross Salary (Median) $120,530
Federal Income Tax -$18,465 15.3%
Arkansas State Income Tax -$5,183 4.3%
Social Security (OASDI) -$7,472 6.2%
Medicare -$1,747 1.5%
Total Taxes -$32,869 27.3%
Take-Home Pay $87,660 72.7%

After-Tax Pay by Experience Level

Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of Psychiatrists in Arkansas.

Percentile Gross Salary Total Taxes Take-Home Pay Tax Rate
10th Percentile (P10) $61,070 -$12,583 $48,486 20.6%
25th Percentile (P25) $72,820 -$16,516 $56,303 22.7%
Median (P50) $120,530 -$32,869 $87,660 27.3%
Key Insight

After federal income tax ($18,465), state tax ($5,183), and FICA ($9,220), a Psychiatrists in Arkansas takes home $87,660 per year — or $7,305 per month. The effective tax rate of 27.3% is moderate compared to the national range.

Best States for Psychiatrists Take-Home Pay

Where does a Psychiatrists keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.

$168,414
26.3%
$161,380
31.2%
3. Ohio
$157,436
28.9%
$156,483
32.2%
$156,262
25.6%
6. Texas
$155,376
25.6%
$154,498
30.0%
$153,823
32.5%
$150,416
30.4%
10. Vermont
$149,959
32.5%

Arkansas ranks #19 out of 22 states for Psychiatrists after-tax take-home pay.

Frequently Asked Questions

What is the take-home pay for a Psychiatrists in Arkansas?

A Psychiatrists in Arkansas earning a median salary of $120,530 will take home approximately $87,660 per year after federal income tax ($18,465), state income tax ($5,183), and FICA ($9,220). That is $7,305 per month or $3,371 per bi-weekly paycheck.

What is the effective tax rate for a Psychiatrists in Arkansas?

The effective total tax rate for a Psychiatrists in Arkansas is 27.3%, broken down as: federal income tax 15.3%, Arkansas state tax 4.3%, and FICA (Social Security + Medicare) 7.7%. This assumes a single filer with the standard deduction for 2024.

How much state tax does a Psychiatrists pay in Arkansas?

Arkansas has a progressive (up to 4.4%). On a Psychiatrists's median salary of $120,530, the state income tax amounts to $5,183 per year, which is an effective state rate of 4.3%.

What is the monthly take-home pay for a Psychiatrists in Arkansas?

After all taxes, a Psychiatrists in Arkansas takes home approximately $7,305 per month, or about $42.14 per hour (based on a standard 2,080-hour work year). These figures assume a single filer, standard deduction, and no additional pre-tax deductions.

How is Psychiatrists take-home pay in Arkansas calculated?

We start with the 2024 BLS median salary of $120,530 for Psychiatrists in Arkansas, then subtract: federal income tax using 2024 IRS brackets ($14,600 standard deduction), Arkansas state income tax (progressive (up to 4.4%)), Social Security (6.2% up to $168,600), and Medicare (1.45%). The result — $87,660/yr — does not include local taxes, pre-tax deductions (401k, HSA), or tax credits.

Related Salary Pages

Tax Calculation Assumptions

This estimate assumes a single filer using the 2024 standard deduction ($14,600), with W-2 employment income only. It does not account for: itemized deductions, tax credits (e.g. earned income credit, child tax credit), local/city taxes, pre-tax contributions (401k, HSA, FSA), self-employment tax, or additional income sources. Actual take-home pay may differ. Consult a tax professional for personalized advice.

Our Methodology · Data Sources · Salary: BLS OEWS · Tax: IRS + State DOR

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