The annual salary statistics of software developers and software quality assurance analysts and testers in Hot Springs, Arkansas is shown in Table 1. The wage statistics of software developers and software quality assurance analysts and testers 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 | $42,800 |
| 25th Percentile Wage | $74,630 |
| 50th Percentile Wage | $94,580 |
| 75th Percentile Wage | $112,340 |
| 90th Percentile Wage | $139,410 |
Table 1 shows the average annual salary for software developers and software quality assurance analysts and testers 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 $139,410. The median (50th percentile) annual salary is $94,580. The average annual salary for the bottom 10 percent earners is $42,800.
The table and chart below show the trend of the median salary of software developers and software quality assurance analysts and testers from 2012 to 2020. Note that there is no salary data for some years between 2012 and 2022.
| Year | Median Salary | Growth | 1-Year Growth |
|---|---|---|---|
| 2020 | $94,580 | 3.73% | 3.73% |
| 2019 | $91,050 | - | - |
From Table 3 we note that with a median annual salary of $94,580, Hot Springs is the second highest paying city for software developers and software quality assurance analysts and testers in state of Arkansas, following the highest paying city West Arkansas nonmetropolitan area (median annual salary of $107,740). Compared with West Arkansas nonmetropolitan area, the median annual salary of software developers and software quality assurance analysts and testers in Hot Springs is 12.2 percent (12.2%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| West Arkansas nonmetropolitan area | |
| Hot Springs | |
| South Arkansas nonmetropolitan area | |
| Little Rock-North Little Rock-Conway | |
| Central Arkansas nonmetropolitan area | |
| East Arkansas nonmetropolitan area | |
| Jonesboro |