The annual salary statistics of industrial machinery mechanics in Hot Springs, Arkansas is shown in Table 1. The wage statistics of industrial machinery mechanics in Hot Springs is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $31,680 |
| 25th Percentile Wage | $37,160 |
| 50th Percentile Wage | $41,300 |
| 75th Percentile Wage | $50,830 |
| 90th Percentile Wage | $64,460 |
Table 1 shows the average annual salary for industrial machinery mechanics in Hot Springs, Arkansas in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $64,460. The median (50th percentile) annual salary is $41,300. The average annual salary for the bottom 10 percent earners is $31,680.
The table and chart below show the trend of the median salary of industrial machinery mechanics from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $41,300 | -6.22% | 1.69% |
| 2021 | $43,870 | 25.71% | - |
| 2020 | $32,590 | 2.27% | - |
| 2019 | $31,850 | 0.00% | - |
| 2018 | $31,850 | -6.41% | - |
| 2017 | $33,890 | -39.45% | - |
| 2016 | $47,260 | 15.64% | - |
| 2015 | $39,870 | 5.32% | - |
| 2014 | $37,750 | -7.55% | - |
| 2012 | $40,600 | - | - |
From Table 3 we note that with a median annual salary of $41,300, Hot Springs is the lowest paying city for industrial machinery mechanics in state of Arkansas, following city of Pine Bluff (median annual salary of $70,960). Compared with the highest paying city Pine Bluff, the median annual salary of industrial machinery mechanics in Hot Springs is 41.8 percent (41.8%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Pine Bluff | |
| South Arkansas nonmetropolitan area | |
| West Arkansas nonmetropolitan area | |
| Jonesboro | |
| Little Rock-North Little Rock-Conway | |
| East Arkansas nonmetropolitan area | |
| Central Arkansas nonmetropolitan area | |
| Hot Springs |