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Average Financial Managers Salary in Hot Springs, AR

The average salary for Financial Managerss in Hot Springs, AR is $105,020. While this is lower than the national average, the cost of living in Hot Springs, AR may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $105,020 per year.
  • Growth Trend: Salaries have shifted 10.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $156,080.
  • Outlook: The current demand for Financial Managerss is stable, with a local workforce of approximately 90 professionals. This role remains a specialized component of the broader Hot Springs, AR economy.
2024 Market Data

Salary Overview

$105,020

The average Financial Managers in Hot Springs, AR earns-43.1%below the national average.

BreakdownBased on 40h/week
Hourly

$50.5

Weekly

$2,020

Monthly

$8,752

Financial Managers Salary Distribution in Hot Springs, AR

The earning potential for Financial Managerss in Hot Springs, AR varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.9x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $53,360, while highly experienced professionals can command wages upwards of $156,080.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$53,360$25.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$78,765$37.9
ManagerOversees team, compliance, and project delivery.50% (Median)$95,750$46
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$131,275$63.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$156,080$75

Detailed Financial Managers Market Analysis

Relocation Context

Nominal Salary

$105,020

Gross Pay

Real Wage (Purchasing Power)

$105,020

Adjusted for COL (100)

In Hot Springs, AR, the Cost of Living Index is 100. This increases your effective purchasing power from $105,020 to $105,020.

Job Market Context

90

Total Jobs

2.41

Per 1K Jobs

0.45

Location Quotient

Low Concentration

At 0.45x, Hot Springs, AR has a notably lower concentration of Financial Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.

90 people work as Financial Managers in Hot Springs, AR.

Moderate density — roughly 2.41 out of every 1,000 local jobs are in this profession.

Nearby Job Markets

Hiring Financial Managerss?

Frequently Asked Questions

How much does a Financial Managers make in Hot Springs, AR?

The median annual salary for a Financial Managers in Hot Springs, AR is $105,020. This typically ranges from $53,360 for entry-level positions to $156,080 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Hot Springs, AR is 43.1% lower than the national median of $184,480.

Is Hot Springs, AR a good place for Financial Managerss?

It depends on your priorities. While the average Financial Managers salary in Hot Springs, AR is $105,020 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Hot Springs, AR. See distinct detailed breakdown below.

Is Hot Springs, AR a good place to live for Financial Managers?

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 ($126,170) and South Arkansas nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 90 employees in the Hot Springs, AR area with a job density of 2.41 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.