Average All Occupations Salary in Little Rock-North Little Rock-Conway, AR
The average annual salary for All Occupations in the Little Rock-North Little Rock-Conway, AR metropolitan area is $55,540. This figure is notably below the national average of $67,140, reflecting localized economic conditions and industry demands specific to the region. Factors such as the cost of living and the concentration of specific industries play a significant role in shaping compensation levels within this Arkansas hub.
Executive Summary
- Average Salary: $55,540 per year.
- Growth Trend: Salaries have shifted 14.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $92,750.
- Outlook: With a substantial total local workforce of 352,900, the Little Rock-North Little Rock-Conway area demonstrates a significant labor market. The Location Quotient of 1.0 for All Occupations indicates that the concentration of these jobs in the area is precisely at the national average, suggesting a stable and proportionally represented job market without extreme over or under-representation compared to national trends.
Salary Overview
The average All Occupations in Little Rock-North Little Rock-Conway, AR earns-17.3%below the national average.
$26.7
$1,068
$4,628
All Occupations Salary Trends (2020-2024)
While specific historical data for All Occupations in Little Rock is not provided, it is generally assumed that salaries across most occupations have experienced a gradual upward trend over the past four years, driven by inflation, economic growth, and evolving market demands. This growth, however, would be influenced by the specific economic trajectory of the Little Rock-North Little Rock-Conway region.
All Occupations Salary Distribution in Little Rock-North Little Rock-Conway, AR
Within the All Occupations category, salary progression typically scales significantly with experience. Entry-level positions often start at the lower end of the pay scale, while senior and highly experienced professionals command substantially higher salaries. The percentile gaps in earnings within this broad category signify clear career progression pathways and the increasing value placed on specialized skills and extensive tenure.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $26,940 | $13 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $41,655 | $20 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $44,730 | $21.5 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $69,425 | $33.4 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $92,750 | $44.6 |
Detailed All Occupations Market Analysis
Relocation Context
Nominal Salary
$55,540
Gross Pay
Real Wage (Purchasing Power)
$55,540
Adjusted for COL (100)
The nominal average annual salary of $55,540 in Little Rock-North Little Rock-Conway, AR, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This suggests that the purchasing power of the average salary in this area is comparable to the national average, meaning that while the nominal salary is lower than the national average, the cost of goods and services is also at par, offering a balanced economic standing.
Job Market Context
352,900
Total Jobs
1000
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Little Rock-North Little Rock-Conway, AR has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.
A Location Quotient of 1.0 for All Occupations in Little Rock-North Little Rock-Conway, AR, signifies that the employment concentration for these roles is exactly in line with the national average. This indicates a balanced job market where the proportion of All Occupations workers mirrors the national distribution, suggesting neither a significant shortage nor an oversupply of talent relative to the overall workforce.
Nearby Job Markets
Nearby Cities for All Occupations
| City | Salary | Dist. |
|---|---|---|
| South Arkansas nonmetropolitan area All Occupations Salary | $48,000↓ 14% | 17 mi |
| North Arkansas nonmetropolitan area All Occupations Salary | $46,650↓ 16% | 17 mi |
| West Arkansas nonmetropolitan area All Occupations Salary | $46,500↓ 16% | 17 mi |
| East Arkansas nonmetropolitan area All Occupations Salary | $46,730↓ 16% | 17 mi |
| Hot Springs, AR All Occupations Salary | $46,040↓ 17% | 43 mi |
Comparing salaries near Little Rock-North Little Rock-Conway, AR
Hiring All Occupationss?
Frequently Asked Questions
How much does a All Occupations make in Little Rock-North Little Rock-Conway, AR?
The median annual salary for a All Occupations in Little Rock-North Little Rock-Conway, AR is $55,540. This typically ranges from $26,940 for entry-level positions to $92,750 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Little Rock-North Little Rock-Conway, AR is 17.3% lower than the national median of $67,140.
Is Little Rock-North Little Rock-Conway, AR a lucrative place for All Occupationss?
No, not exceptionally lucrative compared to the national average.The average salary of $55,540 is below the national average of $67,140, although the cost of living is also at the national average, balancing purchasing power.
Is Little Rock-North Little Rock-Conway, AR a good place to live for All Occupations?
The Cost of Living Index in Little Rock-North Little Rock-Conway, AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Little Rock-North Little Rock-Conway, AR?
Some top paying nearby cities include South Arkansas nonmetropolitan area ($48,000) and North Arkansas nonmetropolitan area.
How does the Little Rock salary compare to the national average?
The average salary for All Occupations in Little Rock-North Little Rock-Conway, AR is $55,540, which is lower than the national average of $67,140.
What is the Cost of Living in Little Rock-North Little Rock-Conway, AR?
The Cost of Living Index in Little Rock-North Little Rock-Conway, AR is 100, which is exactly the national average.
How concentrated are All Occupations jobs in Little Rock?
The Location Quotient for All Occupations in Little Rock-North Little Rock-Conway, AR is 1.0, indicating the concentration of these jobs is at the national average.
What is the size of the workforce in Little Rock?
The total local workforce in Little Rock-North Little Rock-Conway, AR is 352,900 individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 352,900 employees in the Little Rock-North Little Rock-Conway, AR area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for All Occupations • Data source: BLS OEWS 2024 •Jobs in Little Rock-North Little Rock-Conway, AR