SalaryNode

Average All Occupations Salary in North Arkansas nonmetropolitan area

The average annual salary for All Occupations in the North Arkansas nonmetropolitan area stands at $46,650. This figure is notably below the national average of $67,140, reflecting regional economic factors and potentially a different industry mix. The specific economic landscape and demand for various roles within this nonmetropolitan region directly influence this localized pay scale.

Executive Summary

  • Average Salary: $46,650 per year.
  • Growth Trend: Salaries have shifted 18.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $76,270.
  • Outlook: With a substantial local workforce of 119,000 individuals, the North Arkansas nonmetropolitan area demonstrates a significant labor pool. The Location Quotient of 1.0 indicates that the concentration of jobs in "All Occupations" is precisely at the national average, suggesting a stable but not exceptionally concentrated demand for these roles within the region.
2024 Market Data

Salary Overview

$46,650

The average All Occupations in North Arkansas nonmetropolitan area earns-30.5%below the national average.

BreakdownBased on 40h/week
Hourly

$22.4

Weekly

$897

Monthly

$3,888

All Occupations Salary Distribution in North Arkansas nonmetropolitan area

Salary progression in "All Occupations" typically scales with experience. Entry-level positions often fall into the lower percentiles, while senior or specialized roles command salaries in the higher percentiles. The widening gap between entry-level and senior compensation signifies clear career advancement opportunities and the increasing value placed on expertise and tenure within the workforce.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$25,370$12.2
ExperiencedProficient professional working independently.25% (Junior)$34,988$16.8
Mid-LevelEstablished expert. Standard market value.50% (Median)$37,130$17.9
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$58,313$28
Top TierIndustry leader / Executive level compensation.90% (Expert)$76,270$36.7

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$46,650

Gross Pay

Real Wage (Purchasing Power)

$46,650

Adjusted for COL (100)

The nominal average annual salary of $46,650 in North Arkansas aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of the salary in this region is equivalent to the national average, suggesting that the lower nominal wage is offset by a comparable cost of living.

Job Market Context

119,000

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, North Arkansas nonmetropolitan area 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 North Arkansas signifies that the proportion of these jobs within the local economy is exactly in line with the national average. This indicates a balanced job market where the presence of these occupations is neither disproportionately high nor low compared to national trends, suggesting a steady level of competition and availability.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near North Arkansas nonmetropolitan area

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in North Arkansas nonmetropolitan area?

The median annual salary for a All Occupations in North Arkansas nonmetropolitan area is $46,650. This typically ranges from $25,370 for entry-level positions to $76,270 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in North Arkansas nonmetropolitan area is 30.5% lower than the national median of $67,140.

Is North Arkansas nonmetropolitan area a lucrative place for All Occupationss?

No, not exceptionally lucrative compared to national averages.The average salary of $46,650 is significantly lower than the national average of $67,140. While the cost of living is at the national average, the nominal income does not reflect a highly lucrative market.

Is North Arkansas nonmetropolitan area a good place to live for All Occupations?

The Cost of Living Index in North Arkansas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near North Arkansas nonmetropolitan area?

Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($55,540) and Hot Springs, AR.

How does the North Arkansas salary compare to the national average?

The average salary in North Arkansas ($46,650) is considerably lower than the national average ($67,140), indicating a regional disparity in compensation for 'All Occupations'.

What is the significance of the Location Quotient being 1.0?

A Location Quotient of 1.0 means the concentration of 'All Occupations' jobs in North Arkansas is the same as the national average, suggesting a standard level of job availability and demand relative to the workforce size.

Does the cost of living in North Arkansas affect salary expectations?

The Cost of Living Index is 100, matching the national average. This implies that the lower nominal salary of $46,650 offers a purchasing power equivalent to the national average, making it neither exceptionally high nor low in real terms.

How large is the workforce in the North Arkansas nonmetropolitan area?

The total local workforce in the North Arkansas nonmetropolitan area comprises 119,000 individuals, representing a substantial labor pool within the region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 119,000 employees in the North Arkansas nonmetropolitan area area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.