Average Healthcare Practitioners and Technical Occupations Salary in Hot Springs, AR
In Hot Springs, AR, Healthcare Practitioners and Technical Occupations earn an average annual salary of $81,090. This figure is notably below the national average of $105,800, suggesting that local economic factors and demand dynamics play a significant role in compensation within this sector in the region.
Executive Summary
- Average Salary: $81,090 per year.
- Growth Trend: Salaries have shifted 21.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $127,630.
- Outlook: The healthcare sector in Hot Springs, AR, demonstrates a robust presence, with a total local workforce of 3,360 individuals dedicated to Healthcare Practitioners and Technical Occupations. The location quotient of 1.43 indicates a concentration of these roles that is 43% higher than the national average, signaling a strong and potentially growing demand for skilled professionals in this field within the area.
Salary Overview
The average Healthcare Practitioners and Technical Occupations in Hot Springs, AR earns-23.4%below the national average.
$39
$1,559
$6,758
Healthcare Practitioners and Technical Occupations Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Healthcare Practitioners and Technical Occupations in Hot Springs, AR, have experienced a gradual upward trend over the past four years, mirroring national patterns of wage growth in the healthcare industry. This growth is typically driven by increasing demand, advancements in medical technology, and the rising cost of living, which collectively push compensation higher.
Healthcare Practitioners and Technical Occupations Salary Distribution in Hot Springs, AR
Career progression within Healthcare Practitioners and Technical Occupations in Hot Springs, AR, significantly impacts earning potential. Entry-level positions typically start at the lower end of the salary spectrum, while seasoned professionals with extensive experience and specialized skills can command salaries well above the average. The widening gap between entry-level and senior-level salaries, often seen across different pay percentiles, clearly signifies substantial opportunities for career advancement and increased remuneration.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $36,430 | $17.5 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $60,818 | $29.2 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $64,160 | $30.8 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $101,363 | $48.7 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $127,630 | $61.4 |
Detailed Healthcare Practitioners and Technical Occupations Market Analysis
Relocation Context
Nominal Salary
$81,090
Gross Pay
Real Wage (Purchasing Power)
$81,090
Adjusted for COL (100)
The average annual salary of $81,090 in Hot Springs, AR, aligns perfectly with the national average cost of living, indicated by an index of 100. This means that the purchasing power of a healthcare professional's salary in Hot Springs is equivalent to the national average, offering a stable financial environment without the added pressure of a higher cost of living.
Job Market Context
3,360
Total Jobs
88.735
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 Healthcare Practitioners and Technical Occupations roles compared to the national norm.
With a location quotient of 1.43, Hot Springs, AR, exhibits a higher concentration of Healthcare Practitioners and Technical Occupations compared to the national average. This suggests a specialized and potentially competitive job market where demand for these roles is relatively strong, offering professionals a good opportunity to find employment and advance their careers within the local healthcare ecosystem.
Nearby Job Markets
Nearby Cities for Healthcare Practitioners and Technical Occupations
Comparing salaries near Hot Springs, AR
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Frequently Asked Questions
How much does a Healthcare Practitioners and Technical Occupations make in Hot Springs, AR?
The median annual salary for a Healthcare Practitioners and Technical Occupations in Hot Springs, AR is $81,090. This typically ranges from $36,430 for entry-level positions to $127,630 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hot Springs, AR is 23.4% lower than the national median of $105,800.
Is Hot Springs, AR a lucrative place for Healthcare Practitioners and Technical Occupationss?
No, not when compared to the national average.While the local concentration of these roles is higher than the national average, the average salary of $81,090 falls significantly short of the national average of $105,800.
Is Hot Springs, AR a good place to live for Healthcare Practitioners and Technical 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 ($84,910) and South Arkansas nonmetropolitan area.
How does the cost of living in Hot Springs, AR affect the salary?
The cost of living in Hot Springs, AR, is exactly at the national average (index of 100). This means that the $81,090 average salary provides purchasing power equivalent to the national average, making it a stable financial environment.
What does the location quotient of 1.43 mean for healthcare jobs?
A location quotient of 1.43 indicates that Healthcare Practitioners and Technical Occupations are 43% more concentrated in Hot Springs, AR, than the national average. This suggests a higher demand and a more specialized job market for these roles locally.
How many healthcare practitioners are there in Hot Springs, AR?
There are approximately 3,360 individuals employed in Healthcare Practitioners and Technical Occupations in Hot Springs, AR, making up a significant portion of the local workforce.
Are healthcare jobs in demand in Hot Springs, AR?
Yes, the location quotient of 1.43 suggests a higher-than-average concentration of these jobs, indicating a strong local demand for Healthcare Practitioners and Technical Occupations.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,360 employees in the Hot Springs, AR area with a job density of 88.735 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Healthcare Practitioners and Technical Occupations • Data source: BLS OEWS 2024 •Jobs in Hot Springs, AR