SalaryNode

Average Laborers and Freight, Stock, and Material Movers, Hand Salary in Hot Springs, AR

In Hot Springs, AR, Laborers and Freight, Stock, and Material Movers, Hand earn an average annual salary of $32,490. This figure is notably below the national average of $41,390, suggesting localized economic factors and demand play a significant role in compensation within this specific Arkansas market. The lower average pay may be influenced by a variety of regional economic conditions and the overall cost of labor in the area.

Executive Summary

  • Average Salary: $32,490 per year.
  • Growth Trend: Salaries have shifted 13.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $42,270.
  • Outlook: The job market for Laborers and Freight, Stock, and Material Movers in Hot Springs, AR, appears stable with a total local workforce of 400 individuals in this role. The Location Quotient of 0.54 indicates that this profession is less concentrated in Hot Springs compared to the national average, suggesting a moderate but not overwhelmingly saturated demand for these services within the local economy.
2024 Market Data

Salary Overview

$32,490

The average Laborers and Freight, Stock, and Material Movers, Hand in Hot Springs, AR earns-21.5%below the national average.

BreakdownBased on 40h/week
Hourly

$15.6

Weekly

$625

Monthly

$2,708

Laborers and Freight, Stock, and Material Movers, Hand Salary Distribution in Hot Springs, AR

Career progression for Laborers and Freight, Stock, and Material Movers typically involves gaining experience and specialized skills, which can lead to higher earning potential. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and a proven track record can command salaries significantly above the average, reflecting increased responsibility and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$25,320$12.2
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$24,368$11.7
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$30,550$14.7
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$40,613$19.5
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$42,270$20.3

Detailed Laborers and Freight, Stock, and Material Movers, Hand Market Analysis

Relocation Context

Nominal Salary

$32,490

Gross Pay

Real Wage (Purchasing Power)

$32,490

Adjusted for COL (100)

With an average annual salary of $32,490 and a Cost of Living Index of 100 (matching the national average), the nominal income in Hot Springs, AR, for this role offers a purchasing power equivalent to the national average. This means that while the salary is lower than the national average, the cost of essential goods and services in Hot Springs is also at the national benchmark, providing a balanced financial standing.

Job Market Context

400

Total Jobs

10.443

Per 1K Jobs

0.54

Location Quotient

Below Average

Hot Springs, AR has 0.54x the national average concentration of Laborers and Freight, Stock, and Material Movers, Hand jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

The Location Quotient of 0.54 for Laborers and Freight, Stock, and Material Movers in Hot Springs, AR, signifies that this occupation is less prevalent locally than it is nationwide. This suggests that while there is a presence of these jobs, the market is not as heavily concentrated, potentially offering a competitive environment for skilled workers or indicating fewer specialized opportunities compared to national hubs.

Nearby Job Markets

Frequently Asked Questions

How much does a Laborers and Freight, Stock, and Material Movers, Hand make in Hot Springs, AR?

The median annual salary for a Laborers and Freight, Stock, and Material Movers, Hand in Hot Springs, AR is $32,490. This typically ranges from $25,320 for entry-level positions to $42,270 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Hot Springs, AR is 21.5% lower than the national median of $41,390.

Is Hot Springs, AR a lucrative place for Laborers and Freight, Stock, and Material Movers, Hands?

No, it is not considered lucrative compared to national averages.The average salary of $32,490 is significantly lower than the national average of $41,390, although the cost of living is on par with the national average.

Is Hot Springs, AR a good place to live for Laborers and Freight, Stock, and Material Movers, Hands?

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 ($35,550) and South Arkansas nonmetropolitan area.

How does the number of jobs per 1,000 workers compare nationally?

With 10.443 jobs per 1,000 workers, Hot Springs has a slightly lower concentration of these roles compared to the national average, which would typically be higher to support a Location Quotient of 1.0.

What is the total number of these laborers in Hot Springs?

There are approximately 400 individuals employed as Laborers and Freight, Stock, and Material Movers, Hand within the Hot Springs, AR, area.

Does experience impact salary for this role in Hot Springs?

Yes, as with most professions, experience is a key factor in salary progression. More experienced movers and handlers typically earn higher wages than entry-level workers.

How does the local salary compare to the national average?

The average annual salary in Hot Springs ($32,490) is approximately 21.5% lower than the national average ($41,390) for this occupation.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 400 employees in the Hot Springs, AR area with a job density of 10.443 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.