Average Retail Salespersons Salary in Hot Springs, AR
Retail Salespersons in Hot Springs, Arkansas, earn an average annual salary of $32,100. This figure is notably below the national average of $37,150. Local economic factors and market demand specific to Hot Springs likely contribute to this salary differential, reflecting the unique economic landscape of the area.
Executive Summary
- Average Salary: $32,100 per year.
- Growth Trend: Salaries have shifted 15.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $40,510.
- Outlook: With a local workforce of 1,480 Retail Salespersons, Hot Springs demonstrates a significant concentration of these roles, indicated by a Location Quotient of 1.58. This suggests that the demand for retail sales talent in Hot Springs is higher than the national average, pointing towards a robust and potentially growing job market for these professionals.
Salary Overview
The average Retail Salespersons in Hot Springs, AR earns-13.6%below the national average.
$15.4
$617
$2,675
Retail Salespersons Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Retail Salespersons in Hot Springs, AR, have experienced growth over the past four years, mirroring general economic trends and inflation adjustments seen across the nation. This upward trajectory, even if modest, would reflect an evolving market and increasing value placed on experienced sales professionals.
Retail Salespersons Salary Distribution in Hot Springs, AR
The salary range for Retail Salespersons in Hot Springs, AR, typically widens with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with proven sales records and specialized skills can command significantly higher salaries. The percentile gaps in earnings underscore the clear career progression and earning potential available for dedicated individuals in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $23,070 | $11.1 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $24,075 | $11.6 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $28,840 | $13.9 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $40,125 | $19.3 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $40,510 | $19.5 |
Detailed Retail Salespersons Market Analysis
Relocation Context
Nominal Salary
$32,100
Gross Pay
Real Wage (Purchasing Power)
$32,100
Adjusted for COL (100)
The average annual salary of $32,100 in Hot Springs, AR, aligns perfectly with the national average cost of living index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that salary locally is equivalent to the national standard, offering a stable financial environment for residents.
Job Market Context
1,480
Total Jobs
39.059
Per 1K Jobs
1.58
Location Quotient
Hot Springs, AR has 1.6x the national concentration of Retail Salespersons jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
Hot Springs, AR, exhibits a strong concentration of Retail Salespersons, with a Location Quotient of 1.58, significantly exceeding the national average. This indicates a specialized market where these roles are more prevalent than in many other areas, suggesting a competitive environment for new entrants but also ample opportunities for those with relevant experience.
Nearby Job Markets
Nearby Cities for Retail Salespersons
| City | Salary | Dist. |
|---|---|---|
| Little Rock-North Little Rock-Conway, AR Retail Salespersons Salary | $33,220↑ 3% | 43 mi |
| South Arkansas nonmetropolitan area Retail Salespersons Salary | $32,460↑ 1% | 51 mi |
| North Arkansas nonmetropolitan area Retail Salespersons Salary | $32,910↑ 3% | 51 mi |
| West Arkansas nonmetropolitan area Retail Salespersons Salary | $31,660↓ 1% | 51 mi |
| East Arkansas nonmetropolitan area Retail Salespersons Salary | $32,710↑ 2% | 51 mi |
Comparing salaries near Hot Springs, AR
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Frequently Asked Questions
How much does a Retail Salespersons make in Hot Springs, AR?
The median annual salary for a Retail Salespersons in Hot Springs, AR is $32,100. This typically ranges from $23,070 for entry-level positions to $40,510 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hot Springs, AR is 13.6% lower than the national median of $37,150.
Is Hot Springs, AR a lucrative place for Retail Salespersons?
No, not exceptionally lucrative compared to the national average.While the cost of living is average, the average salary of $32,100 is below the national average of $37,150, indicating less lucrative earning potential in this specific role.
Is Hot Springs, AR a good place to live for Retail Salespersons?
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 ($33,220) and South Arkansas nonmetropolitan area.
How does the Hot Springs, AR salary compare to the national average?
The average annual salary for Retail Salespersons in Hot Springs, AR, is $32,100, which is lower than the national average of $37,150.
What is the Cost of Living in Hot Springs, AR?
The Cost of Living Index in Hot Springs, AR, is 100, which is exactly the national average, meaning the cost of goods and services is comparable to the rest of the country.
Is there high demand for Retail Salespersons in Hot Springs, AR?
Yes, the Location Quotient of 1.58 suggests a higher concentration of Retail Salespersons than the national average, indicating strong local demand.
How many Retail Salespersons are there in Hot Springs, AR?
There are approximately 1,480 Retail Salespersons employed in Hot Springs, AR, representing 39.059 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 1,480 employees in the Hot Springs, AR area with a job density of 39.059 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 Hot Springs, AR