Average General and Operations Managers Salary in Hot Springs, AR
General and Operations Managers in Hot Springs, AR earn an average annual salary of $77,020. This figure is notably lower than the national average of $132,920, reflecting regional economic factors and the specific demands of the local market. The concentration of these roles within the Hot Springs workforce significantly influences compensation levels.
Executive Summary
- Average Salary: $77,020 per year.
- Growth Trend: Salaries have shifted 4.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $150,060.
- Outlook: With a local workforce of 1,270 General and Operations Managers, Hot Springs, AR demonstrates a substantial presence of these vital roles. The Location Quotient of 1.45 indicates a higher concentration of these positions compared to the national average, suggesting a robust demand and a potentially stable job market for experienced professionals in this field within the region.
Salary Overview
The average General and Operations Managers in Hot Springs, AR earns-42.1%below the national average.
$37
$1,481
$6,418
General and Operations Managers Salary Trends (2020-2024)
While specific historical data for Hot Springs is not provided, it is generally assumed that salaries for General and Operations Managers have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing business complexity, and the evolving skill requirements for effective management.
General and Operations Managers Salary Distribution in Hot Springs, AR
Salary progression for General and Operations Managers in Hot Springs, AR, is significantly tied to experience. Entry-level positions typically command salaries at the lower end of the spectrum, while senior managers with extensive experience and specialized skills can expect to earn considerably more, often reaching the higher percentiles. The widening gap between entry-level and senior roles signifies clear career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $26,580 | $12.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $57,765 | $27.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $58,490 | $28.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $96,275 | $46.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $150,060 | $72.1 |
Detailed General and Operations Managers Market Analysis
Relocation Context
Nominal Salary
$77,020
Gross Pay
Real Wage (Purchasing Power)
$77,020
Adjusted for COL (100)
The nominal average salary of $77,020 in Hot Springs, AR, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a General and Operations Manager's salary in Hot Springs is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services.
Job Market Context
1,270
Total Jobs
33.65
Per 1K Jobs
1.45
Location Quotient
With a location quotient of 1.45, Hot Springs, AR has a slightly higher-than-average concentration of General and Operations Managers roles compared to the national norm.
A Location Quotient of 1.45 for General and Operations Managers in Hot Springs, AR, signifies that these roles are more concentrated in this area than the national average. This suggests a potentially competitive market for talent, but also indicates a strong presence and demand for these professionals, making it a significant sector within the local economy.
Nearby Job Markets
Nearby Cities for General and Operations Managers
| City | Salary | Dist. |
|---|---|---|
| Little Rock-North Little Rock-Conway, AR General and Operations Managers Salary | $89,200↑ 16% | 43 mi |
| South Arkansas nonmetropolitan area General and Operations Managers Salary | $83,290↑ 8% | 51 mi |
| North Arkansas nonmetropolitan area General and Operations Managers Salary | $71,860↓ 7% | 51 mi |
| West Arkansas nonmetropolitan area General and Operations Managers Salary | $77,330↑ 0% | 51 mi |
| East Arkansas nonmetropolitan area General and Operations Managers Salary | $77,480↑ 1% | 51 mi |
Comparing salaries near Hot Springs, AR
Hiring General and Operations Managerss?
Frequently Asked Questions
How much does a General and Operations Managers make in Hot Springs, AR?
The median annual salary for a General and Operations Managers in Hot Springs, AR is $77,020. This typically ranges from $26,580 for entry-level positions to $150,060 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hot Springs, AR is 42.1% lower than the national median of $132,920.
Is Hot Springs, AR a lucrative place for General and Operations Managers?
No, not when compared to the national average.While the average salary of $77,020 is stable relative to the local cost of living, it falls significantly short of the national average salary of $132,920 for General and Operations Managers.
Is Hot Springs, AR a good place to live for General and Operations 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 ($89,200) and South Arkansas nonmetropolitan area.
How does the number of General and Operations Managers in Hot Springs compare nationally?
Hot Springs, AR has 33.65 General and Operations Managers per 1,000 workers, which is higher than the national average, indicating a greater concentration of these roles locally.
What is the significance of the Location Quotient (LQ) for this role in Hot Springs?
An LQ of 1.45 means that General and Operations Managers are 45% more concentrated in Hot Springs than the national average, suggesting a stronger local industry presence for this occupation.
How does the Cost of Living in Hot Springs affect the salary?
With a Cost of Living Index of 100, the average salary of $77,020 in Hot Springs provides purchasing power equivalent to the national average, indicating a balanced economic environment for managers.
Is the job market for General and Operations Managers growing in Hot Springs?
While specific growth rates aren't provided, the high concentration (LQ of 1.45) and substantial local workforce suggest a stable to potentially growing demand for General and Operations Managers in Hot Springs.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,270 employees in the Hot Springs, AR area with a job density of 33.65 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for General and Operations Managers • Data source: BLS OEWS 2024 •Jobs in Hot Springs, AR