SalaryNode

Average Training and Development Specialists Salary in Little Rock-North Little Rock-Conway, AR

In the Little Rock-North Little Rock-Conway, AR metropolitan area, Training and Development Specialists earn an average annual salary of $58,100. This figure is notably below the national average of $73,570, suggesting that local market dynamics, such as industry demand and the cost of labor, play a significant role in compensation levels within this region.

Executive Summary

  • Average Salary: $58,100 per year.
  • Growth Trend: Salaries have shifted 5.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $86,260.
  • Outlook: The Little Rock-North Little Rock-Conway, AR area supports a local workforce of 1,070 Training and Development Specialists. With a Location Quotient of 1.07, this indicates a concentration of these roles that is slightly above the national average, suggesting a stable, if not slightly growing, demand for these professionals within the region's specific economic landscape.
2024 Market Data

Salary Overview

$58,100

The average Training and Development Specialists in Little Rock-North Little Rock-Conway, AR earns-21.0%below the national average.

BreakdownBased on 40h/week
Hourly

$27.9

Weekly

$1,117

Monthly

$4,842

Training and Development Specialists Salary Distribution in Little Rock-North Little Rock-Conway, AR

Career progression for Training and Development Specialists in Little Rock-North Little Rock-Conway, AR typically sees a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries well above the average, with percentile gaps clearly signifying these advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$27,990$13.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$43,575$20.9
ManagerOversees team, compliance, and project delivery.50% (Median)$53,470$25.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$72,625$34.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$86,260$41.5

Detailed Training and Development Specialists Market Analysis

Relocation Context

Nominal Salary

$58,100

Gross Pay

Real Wage (Purchasing Power)

$58,100

Adjusted for COL (100)

The average annual salary of $58,100 for Training and Development Specialists in Little Rock-North Little Rock-Conway, AR aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary offers purchasing power equivalent to the national average, making the compensation relatively stable in terms of real value within the local economic environment.

Job Market Context

1,070

Total Jobs

3.026

Per 1K Jobs

1.07

Location Quotient

Above Average

With a location quotient of 1.07, Little Rock-North Little Rock-Conway, AR has a slightly higher-than-average concentration of Training and Development Specialists roles compared to the national norm.

With a Location Quotient of 1.07, the Little Rock-North Little Rock-Conway, AR market exhibits a concentration of Training and Development Specialist roles that is 7% higher than the national average. This suggests a moderately competitive job market where demand is slightly elevated, potentially offering good opportunities for skilled professionals, though perhaps not indicating an oversaturated field.

Nearby Job Markets

Hiring Training and Development Specialistss?

Frequently Asked Questions

How much does a Training and Development Specialists make in Little Rock-North Little Rock-Conway, AR?

The median annual salary for a Training and Development Specialists in Little Rock-North Little Rock-Conway, AR is $58,100. This typically ranges from $27,990 for entry-level positions to $86,260 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 21.0% lower than the national median of $73,570.

Is Little Rock-North Little Rock-Conway, AR a lucrative place for Training and Development Specialists?

No, it is not considered highly lucrative compared to national averages.The average salary of $58,100 is significantly lower than the national average of $73,570. However, the cost of living is also at the national average, making the purchasing power comparable.

Is Little Rock-North Little Rock-Conway, AR a good place to live for Training and Development Specialists?

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 ($45,080) and North Arkansas nonmetropolitan area.

How does the Little Rock salary compare to the national average?

The average salary for Training and Development Specialists in Little Rock-North Little Rock-Conway, AR is $58,100, which is $15,470 less than the national average of $73,570.

What is the concentration of Training and Development Specialists in Little Rock?

The Location Quotient for this role in Little Rock-North Little Rock-Conway, AR is 1.07, indicating a slightly higher concentration of these jobs compared to the national average.

How does the cost of living in Little Rock affect the salary?

With a Cost of Living Index of 100, the local cost of living is on par with the national average. Therefore, the $58,100 salary provides purchasing power equivalent to the national average.

What is the total number of Training and Development Specialists in the Little Rock area?

There are approximately 1,070 Training and Development Specialists employed within the Little Rock-North Little Rock-Conway, AR metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,070 employees in the Little Rock-North Little Rock-Conway, AR area with a job density of 3.026 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.