Average Salary in North Little Rock, Arkansas
$48000
$44500
2.3%
What is the Average Salary in North Little Rock, Arkansas?
The average salary in North Little Rock, Arkansas is $48000 per year. Entry-level positions start at $36000, mid-career professionals earn around $48000, and senior-level employees make $62000. The median household income is $44500.
Quick Salary Overview for North Little Rock
| Average Salary: | $48000 |
| Entry-Level: | $36000 |
| Mid-Career: | $48000 |
| Senior-Level: | $62000 |
| Median Household Income: | $44500 |
How North Little Rock Stacks Up
Average Salary
$48000
Competitive for Arkansas markets
Adjusted Value
$52747
After cost of living adjustment
Home Prices
$191000
Median home value
Job Growth
2.3%
Annual employment expansion
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Understanding the Salary Landscape in North Little Rock, Arkansas
If you’re considering a career move to North Little Rock, understanding the local salary landscape is crucial for making informed decisions. With a population of 66000 and an average salary of $48000, North Little Rock offers competitive compensation across various industries.
The median household income in North Little Rock stands at $44500, reflecting the earning potential for families in the area. When adjusted for the cost of living index of 91, the real purchasing power translates to approximately $52747 annually.
Salary Breakdown by Experience Level in North Little Rock
Career progression in North Little Rock shows clear salary advancement opportunities across different experience levels:
The salary progression from entry-level to senior positions shows strong growth potential, with mid-career professionals earning approximately $48000 and senior-level employees commanding salaries around $62000. For comparison with neighboring states, check out average salaries in Alabama or salaries in Oklahoma.
Top Industries and Employers in North Little Rock
North Little Rock has a diverse economic landscape with several thriving industries driving job growth and competitive salaries:
Highest Paying Industry
Healthcare
The Healthcare sector offers the most competitive salaries in North Little Rock, attracting top talent and driving economic growth in Arkansas.
Major Industries in North Little Rock:
Healthcare, Manufacturing, Retail
Major Employers Hiring in North Little Rock
Some of the largest employers in North Little Rock include: Baptist Health, Dassault Falcon Jet, L’Oreal. These companies offer competitive salaries and comprehensive benefits packages, contributing to the city’s robust job market with a job growth rate of 2.3%.
Cost of Living in North Little Rock: What Your Salary Can Buy
Understanding how far your salary goes in North Little Rock requires analyzing the local cost of living. With a cost of living index of 91 (where 100 is the national average), North Little Rock offers good value for money in Arkansas.
Housing
$191000
$1250/month
85
Transportation
100
Groceries
106
Healthcare
94
Monthly Living Costs
$2150
$4680
With housing costs representing a housing index of 85 and an average monthly rent of $1250, North Little Rock provides affordable living options. The median home price of $191000 and estimated monthly necessities of $2150 for a single person or $4680 for a family should be factored into your financial planning.
Job Market and Employment Trends in North Little Rock
The job market in North Little Rock shows promising signs with a job growth rate of 2.3% and an unemployment rate of 4.4%. This indicates a healthy economy with expanding opportunities for job seekers across Arkansas.
For professionals exploring opportunities across the state, our comprehensive Arkansas salary guide provides detailed comparisons to help you identify the best locations for your career growth.
Demographics and Workforce Profile
North Little Rock has a median age of 35.8 years, with 24.5% of the population holding a college degree. This educated workforce contributes to the city’s competitive salary landscape and attracts employers seeking skilled talent. For similar regional opportunities, explore salary data in Tennessee.
Key Takeaways About Salaries in North Little Rock
- š° The average salary in North Little Rock is $48000, with median household income at $44500
- š When adjusted for cost of living (91), salaries have approximately $52747 in purchasing power
- šÆ Healthcare is the highest-paying industry, offering premium compensation packages
- š¢ Major employers like Baptist Health, Dassault Falcon Jet, L’Oreal provide stable career opportunities
- š The city shows 2.3% job growth with 4.4% unemployment rate
- š Housing costs include median home prices at $191000 and average rent at $1250
- šµ Monthly living costs: $2150 (single) | $4680 (family)
- š 24.5% of the population holds college degrees, indicating a skilled workforce
Making Your Decision: Is North Little Rock the Right Career Move?
North Little Rock offers a compelling combination of competitive salaries, growing job opportunities, and Arkansas’s affordable lifestyle. With an average salary of $48000 and a cost of living index of 91, professionals can enjoy a comfortable standard of living while building their careers.
The city’s 2.3% job growth rate and 4.4% unemployment rate signal a thriving economy with expanding opportunities across multiple industries, particularly in Healthcare, Manufacturing, Retail.
Whether you’re an entry-level professional earning around $36000 or a senior executive commanding $62000, North Little Rock provides the economic foundation for career growth and financial stability in Arkansas.
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