Average Electricians Salary in Hot Springs, AR
Electricians in Hot Springs, Arkansas, earn an average annual salary of $47,070. This figure is notably lower than the national average of $69,280, suggesting that local economic factors and demand dynamics play a significant role in compensation within this specific region. The cost of living in Hot Springs aligns perfectly with the national average, making this salary comparison particularly insightful for potential and current residents.
Executive Summary
- Average Salary: $47,070 per year.
- Growth Trend: Salaries have shifted 30.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $61,790.
- Outlook: With a local workforce of 260 electricians and a Location Quotient of 1.43, Hot Springs demonstrates a concentration of this profession above the national average. This indicates a robust local demand for skilled electricians, suggesting a stable job market for those in the trade within the area. The jobs per 1,000 workers metric further supports this, showing a healthy presence of electrician roles relative to the overall employment landscape.
Salary Overview
The average Electricians in Hot Springs, AR earns-32.1%below the national average.
$22.6
$905
$3,923
Electricians Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that electrician salaries in Hot Springs, AR, have experienced a gradual upward trend over the past four years, mirroring national patterns of wage growth in skilled trades. This growth is typically driven by inflation, increasing demand for services, and the ongoing need for qualified professionals to maintain and upgrade electrical infrastructure.
Electricians Salary Distribution in Hot Springs, AR
The salary progression for electricians in Hot Springs, AR, typically scales significantly with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with specialized skills and extensive experience can command salaries well above the average. The percentile gaps in earnings clearly signify career progression, rewarding accumulated expertise and responsibility within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $30,920 | $14.9 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $35,303 | $17 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $45,770 | $22 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $58,838 | $28.3 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $61,790 | $29.7 |
Detailed Electricians Market Analysis
Relocation Context
Nominal Salary
$47,070
Gross Pay
Real Wage (Purchasing Power)
$47,070
Adjusted for COL (100)
The average annual salary of $47,070 in Hot Springs, AR, is perfectly balanced by the local Cost of Living Index of 100, which matches the national average. This means that the purchasing power of an electrician's salary in Hot Springs is equivalent to the national standard, offering no significant advantage or disadvantage in terms of affordability compared to the rest of the country.
Job Market Context
260
Total Jobs
6.889
Per 1K Jobs
1.43
Location Quotient
With a location quotient of 1.43, Hot Springs, AR has a slightly higher-than-average concentration of Electricians roles compared to the national norm.
The Location Quotient of 1.43 for electricians in Hot Springs, AR, signifies a higher concentration of these professionals compared to the national average. This suggests that the job market may be more competitive, or conversely, that there is a strong, sustained demand for electricians that outpaces the national average. Employers may find a readily available pool of talent, while job seekers can benefit from specialized opportunities within the region.
Nearby Job Markets
Nearby Cities for Electricians
| City | Salary | Dist. |
|---|---|---|
| Little Rock-North Little Rock-Conway, AR Electricians Salary | $51,210↑ 9% | 43 mi |
| South Arkansas nonmetropolitan area Electricians Salary | $57,040↑ 21% | 51 mi |
| North Arkansas nonmetropolitan area Electricians Salary | $52,020↑ 11% | 51 mi |
| West Arkansas nonmetropolitan area Electricians Salary | $54,220↑ 15% | 51 mi |
| East Arkansas nonmetropolitan area Electricians Salary | $52,740↑ 12% | 51 mi |
Comparing salaries near Hot Springs, AR
Hiring Electricianss?
Frequently Asked Questions
How much does a Electricians make in Hot Springs, AR?
The median annual salary for a Electricians in Hot Springs, AR is $47,070. This typically ranges from $30,920 for entry-level positions to $61,790 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hot Springs, AR is 32.1% lower than the national median of $69,280.
Is Hot Springs, AR a lucrative place for Electricians?
No, not when compared to the national average.While the cost of living is on par with the national average, the average electrician salary of $47,070 is significantly lower than the national average of $69,280.
Is Hot Springs, AR a good place to live for Electricians?
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 ($51,210) and South Arkansas nonmetropolitan area.
How does the electrician salary in Hot Springs compare to the national average?
The average electrician salary in Hot Springs, AR is $47,070, which is considerably lower than the national average of $69,280.
What is the Cost of Living in Hot Springs, AR for electricians?
The Cost of Living Index in Hot Springs, AR is 100, which is exactly the national average, meaning daily expenses are neither cheaper nor more expensive than the national standard.
Is there high demand for electricians in Hot Springs, AR?
Yes, the Location Quotient of 1.43 indicates a higher concentration of electricians than the national average, suggesting a strong local demand for their services.
What is the total number of electricians in Hot Springs, AR?
There are approximately 260 electricians employed in Hot Springs, AR, contributing to the local workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 260 employees in the Hot Springs, AR area with a job density of 6.889 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Electricians Salaries by State
Top Jobs in Hot Springs, AR
- All Occupations Salary in Hot Springs, AR
- Food Preparation and Serving Related Occupations Salary in Hot Springs, AR
- Office and Administrative Support Occupations Salary in Hot Springs, AR
- Sales and Related Occupations Salary in Hot Springs, AR
- Healthcare Practitioners and Technical Occupations Salary in Hot Springs, AR
- Transportation and Material Moving Occupations Salary in Hot Springs, AR
- Management Occupations Salary in Hot Springs, AR
- Healthcare Support Occupations Salary in Hot Springs, AR
- Production Occupations Salary in Hot Springs, AR
- Installation, Maintenance, and Repair Occupations Salary in Hot Springs, AR
- Browse All Jobs in Hot Springs, AR →
Semantic Salary Analysis for Electricians • Data source: BLS OEWS 2024 •Jobs in Hot Springs, AR