Average Salary in Little Rock, Arkansas
$56800
$52500
2.5%
What is the Average Salary in Little Rock, Arkansas?
The average salary in Little Rock, Arkansas is $56800 per year. Entry-level positions start at $43000, mid-career professionals earn around $56800, and senior-level employees make $73000. The median household income is $52500.
Quick Salary Overview for Little Rock
| Average Salary: | $56800 |
| Entry-Level: | $43000 |
| Mid-Career: | $56800 |
| Senior-Level: | $73000 |
| Median Household Income: | $52500 |
How Little Rock Stacks Up
Average Salary
$56800
Competitive for Arkansas markets
Adjusted Value
$60426
After cost of living adjustment
Home Prices
$274000
Median home value
Job Growth
2.5%
Annual employment expansion
Salary Analysis Tools
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Understanding the Salary Landscape in Little Rock, Arkansas
If you’re considering a career move to Little Rock, understanding the local salary landscape is crucial for making informed decisions. With a population of 202591 and an average salary of $56800, Little Rock offers competitive compensation across various industries.
The median household income in Little Rock stands at $52500, reflecting the earning potential for families in the area. When adjusted for the cost of living index of 94, the real purchasing power translates to approximately $60426 annually.
Salary Breakdown by Experience Level in Little Rock
Career progression in 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 $56800 and senior-level employees commanding salaries around $73000. For comparison with neighboring states, check out average salaries in Alabama or salaries in Oklahoma.
Top Industries and Employers in Little Rock
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 Little Rock, attracting top talent and driving economic growth in Arkansas.
Major Industries in Little Rock:
Healthcare, Government, Education, Finance
Major Employers Hiring in Little Rock
Some of the largest employers in Little Rock include: Baptist Health, UAMS, State of Arkansas, Dillard’s. These companies offer competitive salaries and comprehensive benefits packages, contributing to the city’s robust job market with a job growth rate of 2.5%.
Cost of Living in Little Rock: What Your Salary Can Buy
Understanding how far your salary goes in Little Rock requires analyzing the local cost of living. With a cost of living index of 94 (where 100 is the national average), Little Rock offers good value for money in Arkansas.
Housing
$274000
$1250/month
98
Transportation
102
Groceries
108
Healthcare
95
Monthly Living Costs
$2178
$4750
With housing costs representing a housing index of 98 and an average monthly rent of $1250, Little Rock provides affordable living options. The median home price of $274000 and estimated monthly necessities of $2178 for a single person or $4750 for a family should be factored into your financial planning.
Job Market and Employment Trends in Little Rock
The job market in Little Rock shows promising signs with a job growth rate of 2.5% and an unemployment rate of 4.2%. 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
Little Rock has a median age of 36.2 years, with 35.5% 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 Little Rock
- š° The average salary in Little Rock is $56800, with median household income at $52500
- š When adjusted for cost of living (94), salaries have approximately $60426 in purchasing power
- šÆ Healthcare is the highest-paying industry, offering premium compensation packages
- š¢ Major employers like Baptist Health, UAMS, State of Arkansas, Dillard’s provide stable career opportunities
- š The city shows 2.5% job growth with 4.2% unemployment rate
- š Housing costs include median home prices at $274000 and average rent at $1250
- šµ Monthly living costs: $2178 (single) | $4750 (family)
- š 35.5% of the population holds college degrees, indicating a skilled workforce
Making Your Decision: Is Little Rock the Right Career Move?
Little Rock offers a compelling combination of competitive salaries, growing job opportunities, and Arkansas’s affordable lifestyle. With an average salary of $56800 and a cost of living index of 94, professionals can enjoy a comfortable standard of living while building their careers.
The city’s 2.5% job growth rate and 4.2% unemployment rate signal a thriving economy with expanding opportunities across multiple industries, particularly in Healthcare, Government, Education, Finance.
Whether you’re an entry-level professional earning around $43000 or a senior executive commanding $73000, Little Rock provides the economic foundation for career growth and financial stability in Arkansas.
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