Average Medical Assistants Salary in Hot Springs, AR
Medical Assistants in Hot Springs, Arkansas, earn an average annual salary of $38,140. This figure is notably below the national average of $44,590, suggesting that local economic factors and demand dynamics play a significant role in compensation within this region. Understanding these localized pay scales is crucial for both aspiring and current healthcare professionals.
Executive Summary
- Average Salary: $38,140 per year.
- Growth Trend: Salaries have shifted 21.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $44,130.
- Outlook: The job market for Medical Assistants in Hot Springs, AR, appears moderately robust, with a total local workforce of 230 individuals. The Location Quotient of 1.19 indicates a slightly higher concentration of these roles compared to the national average, suggesting a stable, albeit not exceptionally high, demand for their services within the community.
Salary Overview
The average Medical Assistants in Hot Springs, AR earns-14.5%below the national average.
$18.3
$733
$3,178
Medical Assistants Salary Trends (2020-2024)
While specific historical data for Hot Springs, AR is not provided, it is generally assumed that salaries for Medical Assistants nationwide have experienced a gradual upward trend over the past four years, driven by inflation, increased demand for healthcare services, and evolving responsibilities within the role. This national trend likely influences local compensation, even if at a different pace.
Medical Assistants Salary Distribution in Hot Springs, AR
Salary progression for Medical Assistants in Hot Springs, AR, typically correlates with experience. Entry-level positions will likely fall at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries, potentially reaching the upper percentiles. These percentile gaps highlight the career advancement opportunities available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $30,710 | $14.8 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $28,605 | $13.8 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $36,810 | $17.7 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $47,675 | $22.9 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $44,130 | $21.2 |
Detailed Medical Assistants Market Analysis
Relocation Context
Nominal Salary
$38,140
Gross Pay
Real Wage (Purchasing Power)
$38,140
Adjusted for COL (100)
The average annual salary of $38,140 in Hot Springs, AR, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Medical Assistant's salary in Hot Springs is equivalent to the national average, offering a stable financial environment without the added pressure of significantly higher or lower living expenses.
Job Market Context
230
Total Jobs
6.125
Per 1K Jobs
1.19
Location Quotient
With a location quotient of 1.19, Hot Springs, AR has a slightly higher-than-average concentration of Medical Assistants roles compared to the national norm.
With a Location Quotient of 1.19, Hot Springs, AR, shows a slightly higher concentration of Medical Assistants than the national average. This suggests that the market is neither oversaturated nor severely lacking in these professionals, indicating a balanced demand and supply dynamic that supports consistent employment opportunities for qualified individuals.
Nearby Job Markets
Nearby Cities for Medical Assistants
| City | Salary | Dist. |
|---|---|---|
| Little Rock-North Little Rock-Conway, AR Medical Assistants Salary | $38,730↑ 2% | 43 mi |
| South Arkansas nonmetropolitan area Medical Assistants Salary | $36,250↓ 5% | 51 mi |
| North Arkansas nonmetropolitan area Medical Assistants Salary | $36,560↓ 4% | 51 mi |
| West Arkansas nonmetropolitan area Medical Assistants Salary | $35,730↓ 6% | 51 mi |
| East Arkansas nonmetropolitan area Medical Assistants Salary | $35,490↓ 7% | 51 mi |
Comparing salaries near Hot Springs, AR
Hiring Medical Assistantss?
Frequently Asked Questions
How much does a Medical Assistants make in Hot Springs, AR?
The median annual salary for a Medical Assistants in Hot Springs, AR is $38,140. This typically ranges from $30,710 for entry-level positions to $44,130 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hot Springs, AR is 14.5% lower than the national median of $44,590.
Is Hot Springs, AR a lucrative place for Medical Assistants?
No, not particularly lucrative compared to the national average.While the cost of living is average, the nominal salary of $38,140 is below the national average of $44,590, indicating less lucrative earning potential locally.
Is Hot Springs, AR a good place to live for Medical Assistants?
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 ($38,730) and South Arkansas nonmetropolitan area.
How does the number of Medical Assistants in Hot Springs compare nationally?
Hot Springs, AR has 6.125 Medical Assistants per 1,000 workers, which is slightly above the national average, indicating a moderate presence of the profession in the local workforce.
What is the significance of the Location Quotient for Medical Assistants in Hot Springs?
A Location Quotient of 1.19 signifies that Medical Assistants are 19% more concentrated in Hot Springs, AR, than the national average, suggesting a slightly higher demand or availability of these roles locally.
Does experience impact Medical Assistant salaries in Hot Springs, AR?
Yes, experience is a key factor. Entry-level Medical Assistants will earn less, while those with several years of experience and advanced skills can expect to earn significantly more, moving into higher salary percentiles.
How does the cost of living in Hot Springs affect salary perception?
The cost of living in Hot Springs is exactly at the national average (100). This means the $38,140 salary has average purchasing power, making the nominal salary figure a direct reflection of local economic conditions.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the Hot Springs, AR area with a job density of 6.125 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Medical Assistants • Data source: BLS OEWS 2024 •Jobs in Hot Springs, AR