Average Physicians, All Other Salary in Arkansas
Physicians, All Other in Arkansas earn an average annual salary of $247,880. This figure is slightly below the national average of $256,170, a common occurrence in states with a lower cost of living. Regional economic factors and the specific demand for specialized medical services within Arkansas contribute to this localized compensation.
Executive Summary
- Average Salary: $247,880 per year.
- Growth Trend: Salaries have shifted 37.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $371,820.
- Outlook: With a local workforce of 2,300 Physicians, All Other, Arkansas presents a stable employment landscape for these professionals. The Location Quotient of 0.87 suggests a concentration slightly below the national average, indicating a moderate but consistent demand for medical expertise within the state.
Salary Overview
The average Physicians, All Other in Arkansas earns-3.2%below the national average.
$119.2
$4,767
$20,657
Physicians, All Other Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that the compensation for Physicians, All Other in Arkansas has seen a steady upward trend over the past four years, mirroring national patterns of salary growth in the healthcare sector. This growth is typically driven by increasing healthcare needs, advancements in medical technology, and inflation.
Physicians, All Other Salary Distribution in Arkansas
The salary trajectory for Physicians, All Other in Arkansas significantly scales with experience. Entry-level positions will naturally command lower salaries, while seasoned professionals with extensive experience and specialized skills can expect to earn substantially more. The widening gap between lower and higher percentile earnings clearly signifies robust career progression opportunities within the state.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $60,340 | $29 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $185,910 | $89.4 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $247,874 | $119.2 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $309,850 | $149 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $371,820 | $178.8 |
Detailed Physicians, All Other Market Analysis
Relocation Context
Nominal Salary
$247,880
Gross Pay
Real Wage (Purchasing Power)
$274,507
Adjusted for COL (90.3)
The average nominal salary of $247,880 in Arkansas offers a favorable purchasing power due to the state's Cost of Living Index of 90.3, which is 9.7% lower than the national average. This means that the earned income in Arkansas can translate to a higher standard of living compared to more expensive regions, even with a slightly lower average salary.
Job Market Context
2,300
Total Jobs
1.787
Per 1K Jobs
0.87
Location Quotient
Arkansas has 0.87x the national average concentration of Physicians, All Other jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
Arkansas's Location Quotient of 0.87 for Physicians, All Other indicates that the profession is slightly less concentrated than the national average. This suggests a market that is neither oversaturated nor critically undersupplied, presenting a balanced environment for both new entrants and established practitioners seeking opportunities.
Nearby Job Markets
Nearby Cities for Physicians, All Other
| City | Salary | Dist. |
|---|---|---|
| Little Rock-North Little Rock-Conway, AR Physicians, All Other Salary | $236,460↓ 5% | 17 mi |
| Hot Springs, AR Physicians, All Other Salary | $220,020↓ 11% | 51 mi |
Comparing salaries near Arkansas
Hiring Physicians, All Others?
Frequently Asked Questions
How much does a Physicians, All Other make in Arkansas?
The median annual salary for a Physicians, All Other in Arkansas is $247,880. This typically ranges from $60,340 for entry-level positions to $371,820 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Arkansas is 3.2% lower than the national median of $256,170.
Is Arkansas a lucrative place for Physicians, All Other?
Yes, with a caveat.Arkansas offers a competitive salary of $247,880, which, when combined with a cost of living below the national average, provides a strong financial standing. The demand, while slightly below national concentration, remains consistent.
Is Arkansas a good place to live for Physicians, All Others?
With a Cost of Living Index of 90.3 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Arkansas?
Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($236,460) and Hot Springs, AR.
How does Arkansas compare to the national average salary for Physicians, All Other?
Physicians, All Other in Arkansas earn an average of $247,880 annually, which is approximately $8,290 less than the national average of $256,170.
What is the total number of Physicians, All Other employed in Arkansas?
There are approximately 2,300 Physicians, All Other employed within the state of Arkansas.
How does the cost of living in Arkansas affect physician salaries?
With a Cost of Living Index of 90.3, Arkansas is more affordable than the national average. This means the $247,880 salary has greater purchasing power locally than a similar salary in a high-cost state.
Is the job market for Physicians, All Other growing in Arkansas?
While specific growth rates aren't detailed, the stable workforce size and a Location Quotient near the national average suggest a consistent and steady demand for physicians in Arkansas.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,300 employees in the Arkansas area with a job density of 1.787 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Physicians, All Other • Data source: BLS OEWS 2024 •Jobs in Arkansas