Average Retail Salespersons Salary in Fayetteville-Springdale-Rogers, AR
Retail Salespersons in the Fayetteville-Springdale-Rogers, AR area earn an average annual salary of $34,060. This figure is slightly below the national average of $37,150, indicating that local market dynamics and potentially regional economic factors influence compensation for these roles. While the nominal pay may be lower, the cost of living in the area is precisely at the national average, suggesting a balanced purchasing power.
Executive Summary
- Average Salary: $34,060 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $44,300.
- Outlook: The Fayetteville-Springdale-Rogers, AR metropolitan area supports a substantial workforce of 6,890 Retail Salespersons. With a Location Quotient of 1.05, the concentration of these jobs in the region is marginally higher than the national average, suggesting a stable and perhaps slightly growing demand for retail talent. The presence of approximately 25.8 retail sales jobs per 1,000 workers further underscores the significance of this sector to the local economy.
Salary Overview
The average Retail Salespersons in Fayetteville-Springdale-Rogers, AR earns-8.3%below the national average.
$16.4
$655
$2,838
Retail Salespersons Salary Trends (2020-2024)
While specific historical data for this localized segment isn't provided, it's reasonable to assume that salaries for Retail Salespersons in Fayetteville-Springdale-Rogers, AR have experienced gradual growth over the past four years, mirroring national trends. Economic recovery, inflation, and evolving consumer spending patterns typically drive modest annual increases in retail compensation across most U.S. markets.
Retail Salespersons Salary Distribution in Fayetteville-Springdale-Rogers, AR
Career progression for Retail Salespersons typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with proven sales records and supervisory experience can command substantially higher salaries. The percentile gaps in earnings signify clear opportunities for career advancement and increased earning potential within the retail sales field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $25,900 | $12.5 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $25,545 | $12.3 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $30,470 | $14.6 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $42,575 | $20.5 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $44,300 | $21.3 |
Detailed Retail Salespersons Market Analysis
Relocation Context
Nominal Salary
$34,060
Gross Pay
Real Wage (Purchasing Power)
$34,060
Adjusted for COL (100)
The average annual salary of $34,060 in Fayetteville-Springdale-Rogers, AR aligns perfectly with the local Cost of Living Index of 100. This means that the nominal income earned by a Retail Salesperson in this area has the same purchasing power as the national average salary would in a national average cost of living area. Therefore, while the salary is below the national average, the cost of living effectively neutralizes this difference in terms of real income.
Job Market Context
6,890
Total Jobs
25.803
Per 1K Jobs
1.05
Location Quotient
With a location quotient of 1.05, Fayetteville-Springdale-Rogers, AR has a slightly higher-than-average concentration of Retail Salespersons roles compared to the national norm.
With a Location Quotient of 1.05, the Fayetteville-Springdale-Rogers, AR market exhibits a slightly higher concentration of Retail Salespersons compared to the national average. This suggests that the job market for these professionals is robust and potentially more competitive than in other regions. Employers in this area may have a slightly larger pool of candidates to draw from, but the demand also indicates a healthy retail sector.
Nearby Job Markets
Nearby Cities for Retail Salespersons
| City | Salary | Dist. |
|---|---|---|
| Fort Smith, AR-OK Retail Salespersons Salary | $31,900↓ 6% | 51 mi |
| Joplin, MO-KS Retail Salespersons Salary | $34,990↑ 3% | 72 mi |
| Springfield, MO Retail Salespersons Salary | $35,920↑ 5% | 91 mi |
| Tulsa, OK Retail Salespersons Salary | $34,130↑ 0% | 97 mi |
Comparing salaries near Fayetteville-Springdale-Rogers, AR
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Frequently Asked Questions
How much does a Retail Salespersons make in Fayetteville-Springdale-Rogers, AR?
The median annual salary for a Retail Salespersons in Fayetteville-Springdale-Rogers, AR is $34,060. This typically ranges from $25,900 for entry-level positions to $44,300 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fayetteville-Springdale-Rogers, AR is 8.3% lower than the national median of $37,150.
Is Fayetteville-Springdale-Rogers, AR a lucrative place for Retail Salespersons?
No, not exceptionally lucrative, but balanced.The average salary of $34,060 is below the national average, but the cost of living is also at the national average, creating a balanced purchasing power.
Is Fayetteville-Springdale-Rogers, AR a good place to live for Retail Salespersons?
The Cost of Living Index in Fayetteville-Springdale-Rogers, AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fayetteville-Springdale-Rogers, AR?
Some top paying nearby cities include Fort Smith, AR-OK ($31,900) and Joplin, MO-KS.
How does the Fayetteville-Springdale-Rogers, AR salary compare to the national average?
The average annual salary for Retail Salespersons in Fayetteville-Springdale-Rogers, AR is $34,060, which is approximately $3,090 less than the national average of $37,150.
What is the significance of the Location Quotient (LQ) for Retail Salespersons in this area?
An LQ of 1.05 indicates that Retail Salespersons are slightly more concentrated in Fayetteville-Springdale-Rogers, AR than the national average, suggesting a slightly higher demand or presence of these roles in the local job market.
Does the cost of living affect the perceived value of the salary?
Yes, the local cost of living index is 100, which is the national average. This means that the $34,060 salary has the same purchasing power locally as the national average salary has nationally.
How many Retail Salespersons are employed in the Fayetteville-Springdale-Rogers, AR area?
The total local workforce for Retail Salespersons in Fayetteville-Springdale-Rogers, AR is 6,890 individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,890 employees in the Fayetteville-Springdale-Rogers, AR area with a job density of 25.803 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Retail Salespersons • Data source: BLS OEWS 2024 •Jobs in Fayetteville-Springdale-Rogers, AR