Average Architecture and Engineering Occupations Salary in Hot Springs, AR
In Hot Springs, AR, professionals in Architecture and Engineering Occupations earn an average annual salary of $75,080. This figure is notably below the national average of $103,510, suggesting that local market dynamics, such as industry demand and the concentration of specialized firms, play a significant role in compensation levels within this region.
Executive Summary
- Average Salary: $75,080 per year.
- Growth Trend: Salaries have shifted 16.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $115,890.
- Outlook: The Architecture and Engineering job market in Hot Springs, AR, is characterized by a total local workforce of 240 individuals. With a Location Quotient of 0.38, the concentration of these roles is below the national average, indicating a less saturated market compared to other areas. The presence of 6.382 jobs per 1,000 workers suggests a steady, albeit not exceptionally high, demand for these specialized skills within the local economy.
Salary Overview
The average Architecture and Engineering Occupations in Hot Springs, AR earns-27.5%below the national average.
$36.1
$1,444
$6,257
Architecture and Engineering Occupations Salary Trends (2020-2024)
While specific historical data for Hot Springs, AR is not provided, it is generally assumed that salaries for Architecture and Engineering Occupations have experienced a consistent upward trend over the past four years, mirroring national economic growth and increasing demand for skilled professionals in the sector. This growth is typically driven by inflation, increased project complexity, and the evolving technological landscape within the industry.
Architecture and Engineering Occupations Salary Distribution in Hot Springs, AR
Salary progression within Architecture and Engineering Occupations in Hot Springs, AR, typically scales significantly with experience. Entry-level positions will command lower salaries, while senior engineers and architects with extensive project portfolios and specialized expertise can expect compensation well above the average. The percentile gaps between junior and senior roles highlight the substantial career growth and earning potential available to those who advance within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $38,470 | $18.5 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $56,310 | $27.1 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $70,230 | $33.8 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $93,850 | $45.1 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $115,890 | $55.7 |
Detailed Architecture and Engineering Occupations Market Analysis
Relocation Context
Nominal Salary
$75,080
Gross Pay
Real Wage (Purchasing Power)
$75,080
Adjusted for COL (100)
The average annual salary of $75,080 in Hot Springs, AR, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of an Architecture and Engineering professional's salary in Hot Springs is equivalent to that of someone earning the national average salary in a location with a national average cost of living. Therefore, the nominal salary offers a standard level of economic comfort relative to national benchmarks.
Job Market Context
240
Total Jobs
6.382
Per 1K Jobs
0.38
Location Quotient
At 0.38x, Hot Springs, AR has a notably lower concentration of Architecture and Engineering Occupations jobs than the national average. Opportunities in this area are relatively scarce for this profession.
With a Location Quotient of 0.38, Hot Springs, AR, has a lower concentration of Architecture and Engineering Occupations compared to the national average. This suggests that the job market for these professionals is less competitive and potentially offers more opportunities for individuals seeking roles where their specialized skills are in higher demand relative to the local supply. While not a hub for these professions, the market is accessible for qualified candidates.
Nearby Job Markets
Nearby Cities for Architecture and Engineering Occupations
Comparing salaries near Hot Springs, AR
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Frequently Asked Questions
How much does a Architecture and Engineering Occupations make in Hot Springs, AR?
The median annual salary for a Architecture and Engineering Occupations in Hot Springs, AR is $75,080. This typically ranges from $38,470 for entry-level positions to $115,890 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hot Springs, AR is 27.5% lower than the national median of $103,510.
Is Hot Springs, AR a lucrative place for Architecture and Engineering Occupationss?
No, not exceptionally lucrative compared to the national average.The average salary of $75,080 is significantly lower than the national average of $103,510, although the cost of living is at the national average.
Is Hot Springs, AR a good place to live for Architecture and Engineering Occupations?
The Cost of Living Index in Hot Springs, AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Hot Springs, AR?
Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($79,850) and South Arkansas nonmetropolitan area.
How does the cost of living in Hot Springs, AR affect the salary?
The cost of living in Hot Springs, AR is exactly at the national average (100). This means the $75,080 salary has the same purchasing power as the national average salary in a national average cost of living area.
Is there high demand for Architecture and Engineering professionals in Hot Springs, AR?
The demand is moderate, indicated by 6.382 jobs per 1,000 workers. The lower Location Quotient suggests fewer specialized firms, but consistent job availability for qualified individuals.
What is the concentration of Architecture and Engineering jobs in Hot Springs, AR?
The concentration is below the national average, with a Location Quotient of 0.38. This implies that these roles are less common in Hot Springs relative to the national distribution of the workforce.
How many Architecture and Engineering professionals work in Hot Springs, AR?
There are approximately 240 professionals in Architecture and Engineering Occupations working in Hot Springs, AR.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Hot Springs, AR area with a job density of 6.382 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Architecture and Engineering Occupations • Data source: BLS OEWS 2024 •Jobs in Hot Springs, AR