Average Residential Advisors Salary in Little Rock-North Little Rock-Conway, AR
In Little Rock-North Little Rock-Conway, AR, Residential Advisors earn an average annual salary of $39,170. This figure is slightly below the national average of $41,320, indicating localized economic factors and demand influence compensation in this specific metropolitan area. The cost of living in Little Rock is on par with the national average, suggesting that the salary offers a comparable purchasing power.
Executive Summary
- Average Salary: $39,170 per year.
- Growth Trend: Salaries have shifted 14.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $50,070.
- Outlook: The Little Rock-North Little Rock-Conway, AR area supports a local workforce of 220 Residential Advisors. With a Location Quotient of 1.16, the concentration of these roles is slightly higher than the national average, suggesting a steady, albeit not booming, demand for professionals in this field within the region. The number of jobs per 1,000 workers, at 0.623, further reinforces a stable employment landscape for this occupation.
Salary Overview
The average Residential Advisors in Little Rock-North Little Rock-Conway, AR earns-5.2%below the national average.
$18.8
$753
$3,264
Residential Advisors Salary Trends (2020-2024)
While specific historical data for this role in Little Rock is not provided, it's reasonable to assume a general trend of salary growth over the past four years, mirroring national patterns. Economic shifts and inflation typically drive incremental increases in compensation for most professions, including Residential Advisors, as employers adapt to market conditions and the rising cost of living.
Residential Advisors Salary Distribution in Little Rock-North Little Rock-Conway, AR
Career progression for Residential Advisors typically involves a salary increase with accumulated experience. Entry-level positions often start at the lower end of the pay scale, while senior or lead Residential Advisors, with extensive experience and specialized skills, can command significantly higher salaries. The variance in pay across different experience levels, often reflected in salary percentiles, highlights the opportunities for career advancement and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $25,780 | $12.4 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $29,378 | $14.1 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $38,340 | $18.4 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $48,963 | $23.5 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $50,070 | $24.1 |
Detailed Residential Advisors Market Analysis
Relocation Context
Nominal Salary
$39,170
Gross Pay
Real Wage (Purchasing Power)
$39,170
Adjusted for COL (100)
The average annual salary of $39,170 in Little Rock-North Little Rock-Conway, AR, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers a purchasing power equivalent to the national average, making relocation financially neutral in terms of everyday expenses.
Job Market Context
220
Total Jobs
0.623
Per 1K Jobs
1.16
Location Quotient
With a location quotient of 1.16, Little Rock-North Little Rock-Conway, AR has a slightly higher-than-average concentration of Residential Advisors roles compared to the national norm.
A Location Quotient of 1.16 indicates that Residential Advisor roles are slightly more concentrated in the Little Rock-North Little Rock-Conway, AR area compared to the national average. This suggests a healthy, slightly above-average presence of this profession, implying a competitive but accessible job market for qualified individuals.
Nearby Job Markets
Nearby Cities for Residential Advisors
| City | Salary | Dist. |
|---|---|---|
| South Arkansas nonmetropolitan area Residential Advisors Salary | $38,330↓ 2% | 17 mi |
| North Arkansas nonmetropolitan area Residential Advisors Salary | $35,190↓ 10% | 17 mi |
| West Arkansas nonmetropolitan area Residential Advisors Salary | $38,770↓ 1% | 17 mi |
| East Arkansas nonmetropolitan area Residential Advisors Salary | $40,370↑ 3% | 17 mi |
| Hot Springs, AR Residential Advisors Salary | $37,690↓ 4% | 43 mi |
Comparing salaries near Little Rock-North Little Rock-Conway, AR
Hiring Residential Advisorss?
Frequently Asked Questions
How much does a Residential Advisors make in Little Rock-North Little Rock-Conway, AR?
The median annual salary for a Residential Advisors in Little Rock-North Little Rock-Conway, AR is $39,170. This typically ranges from $25,780 for entry-level positions to $50,070 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Little Rock-North Little Rock-Conway, AR is 5.2% lower than the national median of $41,320.
Is Little Rock-North Little Rock-Conway, AR a lucrative place for Residential Advisors?
No, not exceptionally lucrative compared to the national average.While the salary is stable, the average annual pay of $39,170 is below the national average of $41,320. However, the cost of living being at the national average means the purchasing power is comparable.
Is Little Rock-North Little Rock-Conway, AR a good place to live for Residential Advisors?
The Cost of Living Index in Little Rock-North Little Rock-Conway, AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Little Rock-North Little Rock-Conway, AR?
Some top paying nearby cities include South Arkansas nonmetropolitan area ($38,330) and North Arkansas nonmetropolitan area.
How does the Little Rock Residential Advisor salary compare to the national average?
The average annual salary for Residential Advisors in Little Rock-North Little Rock-Conway, AR is $39,170, which is approximately 5.2% lower than the national average of $41,320.
What is the cost of living in Little Rock-North Little Rock-Conway, AR?
The cost of living in Little Rock-North Little Rock-Conway, AR is exactly at the national average, with a Cost of Living Index of 100.
Is there strong demand for Residential Advisors in Little Rock?
The demand is stable, with a Location Quotient of 1.16 suggesting a slightly higher concentration of these jobs than the national average, indicating a consistent need for professionals in this role.
How many Residential Advisors are there in the Little Rock area?
The Little Rock-North Little Rock-Conway, AR metropolitan area employs approximately 220 Residential Advisors, representing 0.623 jobs per 1,000 workers.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Little Rock-North Little Rock-Conway, AR area with a job density of 0.623 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Residential Advisors • Data source: BLS OEWS 2024 •Jobs in Little Rock-North Little Rock-Conway, AR