Average Salary in Bentonville, Arkansas
$68000
$63500
3.5%
What is the Average Salary in Bentonville, Arkansas?
The average salary in Bentonville, Arkansas is $68000 per year. Entry-level positions start at $54000, mid-career professionals earn around $68000, and senior-level employees make $88000. The median household income is $63500.
Quick Salary Overview for Bentonville
| Average Salary: | $68000 |
| Entry-Level: | $54000 |
| Mid-Career: | $68000 |
| Senior-Level: | $88000 |
| Median Household Income: | $63500 |
How Bentonville Stacks Up
Average Salary
$68000
Competitive for Arkansas markets
Adjusted Value
$56432
After cost of living adjustment
Home Prices
$550000
Median home value
Job Growth
3.5%
Annual employment expansion
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Understanding the Salary Landscape in Bentonville, Arkansas
If you’re considering a career move to Bentonville, understanding the local salary landscape is crucial for making informed decisions. With a population of 55000 and an average salary of $68000, Bentonville offers competitive compensation across various industries.
The median household income in Bentonville stands at $63500, reflecting the earning potential for families in the area. When adjusted for the cost of living index of 120.5, the real purchasing power translates to approximately $56432 annually.
Salary Breakdown by Experience Level in Bentonville
Career progression in Bentonville 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 $68000 and senior-level employees commanding salaries around $88000. For comparison with neighboring states, check out average salaries in Alabama or salaries in Oklahoma.
Top Industries and Employers in Bentonville
Bentonville has a diverse economic landscape with several thriving industries driving job growth and competitive salaries:
Highest Paying Industry
Retail
The Retail sector offers the most competitive salaries in Bentonville, attracting top talent and driving economic growth in Arkansas.
Major Industries in Bentonville:
Retail, Technology, Healthcare
Major Employers Hiring in Bentonville
Some of the largest employers in Bentonville include: Walmart Headquarters, Mercy Health, Sam’s Club. These companies offer competitive salaries and comprehensive benefits packages, contributing to the city’s robust job market with a job growth rate of 3.5%.
Cost of Living in Bentonville: What Your Salary Can Buy
Understanding how far your salary goes in Bentonville requires analyzing the local cost of living. With a cost of living index of 120.5 (where 100 is the national average), Bentonville offers good value for money in Arkansas.
Housing
$550000
$2000/month
148
Transportation
120
Groceries
118
Healthcare
110
Monthly Living Costs
$2850
$6220
With housing costs representing a housing index of 148 and an average monthly rent of $2000, Bentonville provides affordable living options. The median home price of $550000 and estimated monthly necessities of $2850 for a single person or $6220 for a family should be factored into your financial planning.
Job Market and Employment Trends in Bentonville
The job market in Bentonville shows promising signs with a job growth rate of 3.5% and an unemployment rate of 3.2%. 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
Bentonville has a median age of 35.2 years, with 58.5% 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 Bentonville
- š° The average salary in Bentonville is $68000, with median household income at $63500
- š When adjusted for cost of living (120.5), salaries have approximately $56432 in purchasing power
- šÆ Retail is the highest-paying industry, offering premium compensation packages
- š¢ Major employers like Walmart Headquarters, Mercy Health, Sam’s Club provide stable career opportunities
- š The city shows 3.5% job growth with 3.2% unemployment rate
- š Housing costs include median home prices at $550000 and average rent at $2000
- šµ Monthly living costs: $2850 (single) | $6220 (family)
- š 58.5% of the population holds college degrees, indicating a skilled workforce
Making Your Decision: Is Bentonville the Right Career Move?
Bentonville offers a compelling combination of competitive salaries, growing job opportunities, and Arkansas’s affordable lifestyle. With an average salary of $68000 and a cost of living index of 120.5, professionals can enjoy a comfortable standard of living while building their careers.
The city’s 3.5% job growth rate and 3.2% unemployment rate signal a thriving economy with expanding opportunities across multiple industries, particularly in Retail, Technology, Healthcare.
Whether you’re an entry-level professional earning around $54000 or a senior executive commanding $88000, Bentonville provides the economic foundation for career growth and financial stability in Arkansas.
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Hey there! Iām Kumar, the owner of DollarHire. Alongside working as an Executive SEO Specialist, I studied at a finance institute to strengthen my skills in finance and marketing.