Question 1

How much does workers' comp cost for Carpentry - Residential in Arkansas?

Accepted Answer

The current rate for Carpentry - Residential (Class Code 5403) in Arkansas is $9.90 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $4950 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Arkansas?

Accepted Answer

Yes, workers' compensation insurance is mandatory in Arkansas for employers with 3 or more employees.

Question 3

How does Arkansas's rate compare to other states?

Accepted Answer

Arkansas's rate for Carpentry - Residential is $9.90, which is $2.11 below the national average of $12.01 (-18%).

Question 4

What does class code 5403 cover?

Accepted Answer

Covers carpenters performing construction, repair, or remodeling work on residential structures.

State	Rate per $100	Difference
Arkansas (current)	$9.90	—
Indiana	$8.78	-1.12
Texas	$9.23	-0.67
Virginia	$9.34	-0.56
Utah	$9.56	-0.34
Colorado	$10.01	+0.11

Workers' Comp Rate for Carpentry - Residential in Arkansas (Class Code 5403)

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