A good salary in Little Rock, Arkansas, can generally be considered to be $38,000 per year or higher. While the average salary in the city is around $36,010 annually, achieving an income at or above the 75th percentile places you among higher earners, indicating a strong financial position within the local economy.
Understanding Little Rock Salary Ranges
Salaries in Little Rock vary based on numerous factors, including the specific industry, job role, level of experience, and educational background. However, by examining general salary data, we can understand the typical earning landscape and what different income levels represent.
Here’s a breakdown of salary tiers in Little Rock:
| Salary Tier | Annual Salary | Hourly Wage |
|---|---|---|
| Top Earners | $45,479 | $21 |
| 75th Percentile | $38,000 | $18 |
| Average | $36,010 | $17 |
| 25th Percentile | $31,000 | $15 |
What Defines a "Good" Salary in Little Rock?
The definition of a "good" salary is subjective and depends on individual financial goals, lifestyle, and cost of living expectations. However, based on the provided data, we can identify what various salary levels suggest:
- Average Salary ($36,010 annually): This income level typically covers basic living expenses in Little Rock and allows for a standard quality of life. It serves as a good benchmark for what most people earn.
- Good Salary (around $38,000 annually): Earning at the 75th percentile ($38,000) means your income is higher than 75% of the salaries in Little Rock. This level often allows for more discretionary spending, better savings, and a more comfortable lifestyle than the average.
- Excellent Salary (over $45,000 annually): Reaching the "Top Earners" category ($45,479) signifies an excellent salary, placing you among the highest-paid individuals in the city. This income level generally provides significant financial flexibility and opportunities for substantial savings or investments.
In conclusion, while an average salary offers a decent living, aiming for $38,000 or more annually can be considered a truly "good" salary in Little Rock, Arkansas, providing enhanced financial security and comfort.
