Average Educational Instruction and Library Occupations Salary in Hot Springs, AR
In Hot Springs, AR, professionals in Educational Instruction and Library Occupations earn an average annual salary of $50,510. This figure is notably below the national average of $61,040, indicating a localized compensation structure influenced by regional economic factors and the specific demand within the state for these vital roles.
Executive Summary
- Average Salary: $50,510 per year.
- Growth Trend: Salaries have shifted 10.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $63,690.
- Outlook: The educational and library sector in Hot Springs, AR, supports a local workforce of 1,580 individuals. With a Location Quotient of 0.72, this sector is less concentrated than the national average, suggesting a moderate but stable presence rather than rapid expansion. The presence of approximately 41.796 jobs per 1,000 workers indicates a consistent, albeit not booming, demand for these professionals within the community.
Salary Overview
The average Educational Instruction and Library Occupations in Hot Springs, AR earns-17.3%below the national average.
$24.3
$971
$4,209
Educational Instruction and Library Occupations Salary Trends (2020-2024)
While specific historical data for Hot Springs, AR, is not provided, it is generally assumed that salaries within the Educational Instruction and Library Occupations sector have experienced modest growth over the past four years, mirroring national trends of incremental increases driven by inflation and evolving professional demands. This suggests a steady, upward trajectory for compensation in this field.
Educational Instruction and Library Occupations Salary Distribution in Hot Springs, AR
Career progression within Educational Instruction and Library Occupations in Hot Springs, AR, typically leads to increased earning potential. Entry-level positions will likely fall below the $50,510 average, while seasoned professionals with extensive experience and specialized skills can command salaries significantly higher, potentially reaching into the upper percentiles. The gap between entry-level and senior roles signifies a clear path for career advancement and salary growth.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ProbationaryInitial licensure. Mentored by senior faculty. | 10% (Entry) | $27,900 | $13.4 |
| Tenured / ProProfessional status. Curriculum development. | 25% (Junior) | $37,883 | $18.2 |
| Senior EducatorDepartment chair. Mentors student teachers. | 50% (Median) | $50,220 | $24.1 |
| Lead SpecialistInstructional coach, reading specialist, or VP. | 75% (Senior) | $63,138 | $30.4 |
| AdministratorPrincipal, District Admin, or Consultant. | 90% (Expert) | $63,690 | $30.6 |
Detailed Educational Instruction and Library Occupations Market Analysis
Relocation Context
Nominal Salary
$50,510
Gross Pay
Real Wage (Purchasing Power)
$50,510
Adjusted for COL (100)
The average annual salary of $50,510 in Hot Springs, AR, aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of an educator's income in Hot Springs is equivalent to that of their national counterparts, offering a stable financial standing relative to local expenses.
Job Market Context
1,580
Total Jobs
41.796
Per 1K Jobs
0.72
Location Quotient
Hot Springs, AR has 0.72x the national average concentration of Educational Instruction and Library Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.72 for Educational Instruction and Library Occupations in Hot Springs, AR, indicates that this sector is less concentrated locally compared to the national landscape. This suggests that while the jobs exist, the market may not be saturated, potentially offering opportunities for skilled professionals, but also implying that the demand is not exceptionally high relative to other industries within the region.
Nearby Job Markets
Nearby Cities for Educational Instruction and Library Occupations
Comparing salaries near Hot Springs, AR
Hiring Educational Instruction and Library Occupationss?
Frequently Asked Questions
How much does a Educational Instruction and Library Occupations make in Hot Springs, AR?
The median annual salary for a Educational Instruction and Library Occupations in Hot Springs, AR is $50,510. This typically ranges from $27,900 for entry-level positions to $63,690 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hot Springs, AR is 17.3% lower than the national median of $61,040.
Is Hot Springs, AR a lucrative place for Educational Instruction and Library Occupationss?
No, not exceptionally lucrative compared to the national average.The average salary of $50,510 is below the national average of $61,040, although the cost of living is on par with the national average. This suggests that while the local cost of living is manageable, the compensation is not as competitive as in other regions.
Is Hot Springs, AR a good place to live for Educational Instruction and Library 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 ($63,080) and South Arkansas nonmetropolitan area.
What is the average salary for Educational Instruction and Library Occupations in Hot Springs, AR?
The average annual salary for Educational Instruction and Library Occupations in Hot Springs, AR, is $50,510.
How does the Hot Springs, AR salary compare to the national average?
The average salary in Hot Springs, AR ($50,510) is lower than the national average ($61,040) for this occupation group.
What is the Cost of Living Index in Hot Springs, AR?
The Cost of Living Index in Hot Springs, AR, is 100, which is the same as the national average.
How concentrated is the educational and library job market in Hot Springs, AR?
The job market for Educational Instruction and Library Occupations in Hot Springs, AR, is less concentrated than the national average, with a Location Quotient of 0.72.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,580 employees in the Hot Springs, AR area with a job density of 41.796 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Educational Instruction and Library Occupations • Data source: BLS OEWS 2024 •Jobs in Hot Springs, AR