Average Construction and Extraction Occupations Salary in Hot Springs, AR
In Hot Springs, AR, professionals in Construction and Extraction Occupations earn an average annual salary of $43,380. This figure is notably below the national average of $64,030, reflecting localized economic factors and demand specific to the Arkansas region. The pay scale in Hot Springs is thus directly influenced by the unique economic landscape and industry needs of this particular area.
Executive Summary
- Average Salary: $43,380 per year.
- Growth Trend: Salaries have shifted 17.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $59,280.
- Outlook: The construction and extraction sector in Hot Springs, AR, supports a local workforce of 1,500 individuals. With a Location Quotient of 0.96, the concentration of these jobs is nearly on par with the national average, indicating a stable and established presence within the local economy. The presence of approximately 39.69 jobs per 1,000 workers suggests a consistent, albeit not exceptionally high, demand for these skilled professionals.
Salary Overview
The average Construction and Extraction Occupations in Hot Springs, AR earns-32.3%below the national average.
$20.9
$834
$3,615
Construction and Extraction Occupations Salary Trends (2020-2024)
While specific historical data for Hot Springs, AR is not provided, it is generally assumed that the construction and extraction sector, like many others, has experienced moderate salary growth over the past four years. Economic recovery, infrastructure projects, and fluctuations in material costs typically drive incremental increases in compensation for skilled labor in this field.
Construction and Extraction Occupations Salary Distribution in Hot Springs, AR
Salary progression within Construction and Extraction Occupations in Hot Springs, AR, typically scales significantly with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command substantially higher salaries. The percentile gaps in earnings clearly signify the career progression and increased earning potential available to those who advance within the industry.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $30,470 | $14.6 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $32,535 | $15.6 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $39,400 | $18.9 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $54,225 | $26.1 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $59,280 | $28.5 |
Detailed Construction and Extraction Occupations Market Analysis
Relocation Context
Nominal Salary
$43,380
Gross Pay
Real Wage (Purchasing Power)
$43,380
Adjusted for COL (100)
The nominal average annual salary of $43,380 in Hot Springs, AR, aligns precisely with the national average Cost of Living Index of 100. This means that while the absolute salary is lower than the national average, the purchasing power of that income locally is equivalent to the national average. Therefore, the lower nominal wage does not necessarily translate to a reduced standard of living within Hot Springs.
Job Market Context
1,500
Total Jobs
39.693
Per 1K Jobs
0.96
Location Quotient
Hot Springs, AR has 0.96x the national average concentration of Construction and Extraction Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
With a Location Quotient of 0.96, the job market for Construction and Extraction Occupations in Hot Springs, AR, is very close to the national average in terms of concentration. This suggests a balanced market where the industry is neither significantly over-represented nor under-represented compared to the rest of the country. Professionals can expect a competitive but accessible job landscape.
Nearby Job Markets
Nearby Cities for Construction and Extraction Occupations
Comparing salaries near Hot Springs, AR
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Frequently Asked Questions
How much does a Construction and Extraction Occupations make in Hot Springs, AR?
The median annual salary for a Construction and Extraction Occupations in Hot Springs, AR is $43,380. This typically ranges from $30,470 for entry-level positions to $59,280 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hot Springs, AR is 32.3% lower than the national median of $64,030.
Is Hot Springs, AR a lucrative place for Construction and Extraction Occupationss?
No, not exceptionally lucrative compared to national averages.The average salary of $43,380 is significantly lower than the national average of $64,030. However, the cost of living is also at the national average, meaning the purchasing power of the salary is comparable.
Is Hot Springs, AR a good place to live for Construction and Extraction 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 ($48,260) and South Arkansas nonmetropolitan area.
How does the cost of living in Hot Springs, AR affect Construction and Extraction salaries?
The cost of living in Hot Springs, AR is at the national average (100). This means that the lower average salary of $43,380 for Construction and Extraction Occupations has a purchasing power equivalent to the national average, making it relatively stable for residents.
What is the concentration of Construction and Extraction jobs in Hot Springs, AR?
The concentration of these jobs, measured by the Location Quotient, is 0.96, which is very close to the national average of 1.0. This indicates a stable and well-established presence of the industry in the local job market.
How many Construction and Extraction jobs are there per 1,000 workers in Hot Springs, AR?
There are approximately 39.69 jobs per 1,000 workers in Construction and Extraction Occupations in Hot Springs, AR, suggesting a moderate level of employment in this sector relative to the total workforce.
What is the total workforce size for Construction and Extraction Occupations in Hot Springs, AR?
The total local workforce dedicated to Construction and Extraction Occupations in Hot Springs, AR, is approximately 1,500 individuals, reflecting the scale of the industry within the city.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,500 employees in the Hot Springs, AR area with a job density of 39.693 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Construction and Extraction Occupations • Data source: BLS OEWS 2024 •Jobs in Hot Springs, AR