Average All Occupations Salary in Albany, GA
The average annual salary for All Occupations in Albany, GA stands at $52,060, which is notably below the national average of $67,140. This disparity is often influenced by local economic factors, industry concentration, and the overall demand for labor within the region. Understanding these dynamics is key to assessing earning potential in Albany.
Executive Summary
- Average Salary: $52,060 per year.
- Growth Trend: Salaries have shifted 15.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $88,200.
- Outlook: Albany, GA supports a substantial workforce of 58,980 individuals across all occupations. With a Location Quotient of 1.0, the concentration of these jobs aligns precisely with the national average, indicating a stable and balanced job market. This suggests consistent demand for a wide range of skills, without significant over- or under-representation compared to national trends.
Salary Overview
The average All Occupations in Albany, GA earns-22.5%below the national average.
$25
$1,001
$4,338
All Occupations Salary Trends (2020-2024)
While specific historical data for Albany, GA's All Occupations sector over the past four years is not provided, it is generally assumed that salaries across most job markets have experienced a modest upward trend. This growth is typically driven by inflation, increased demand for skilled labor, and evolving economic conditions, suggesting that the $52,060 average may have seen incremental increases over time.
All Occupations Salary Distribution in Albany, GA
Salary progression in All Occupations within Albany, GA, like elsewhere, is strongly tied to experience and skill development. Entry-level positions typically command the lower end of the pay scale, while senior roles and specialized expertise can significantly increase earning potential. The percentile gaps in salary distribution reflect these opportunities for career advancement and increased compensation as professionals gain experience and take on greater responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $22,740 | $10.9 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $39,045 | $18.8 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $40,590 | $19.5 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $65,075 | $31.3 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $88,200 | $42.4 |
Detailed All Occupations Market Analysis
Relocation Context
Nominal Salary
$52,060
Gross Pay
Real Wage (Purchasing Power)
$52,060
Adjusted for COL (100)
With an average annual salary of $52,060 and a Cost of Living Index of 100 (matching the national average), the nominal income in Albany, GA offers purchasing power equivalent to the national standard. This means that while the salary is lower than the national average, the cost of essential goods and services is also at the national average, suggesting that the real value of the salary is comparable to what one might expect elsewhere in the country.
Job Market Context
58,980
Total Jobs
1000
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Albany, GA has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.
Albany, GA's Location Quotient of 1.0 for All Occupations signifies that the employment landscape in this sector is perfectly aligned with the national average in terms of concentration. This indicates neither a surplus nor a shortage of jobs relative to the national distribution, suggesting a competitive yet stable job market where opportunities are present but may require diligent searching and a strong skill set.
Nearby Job Markets
Nearby Cities for All Occupations
| City | Salary | Dist. |
|---|---|---|
| Valdosta, GA All Occupations Salary | $48,680↓ 6% | 73 mi |
| Dothan, AL All Occupations Salary | $48,220↓ 7% | 76 mi |
| Columbus, GA-AL All Occupations Salary | $54,460↑ 5% | 76 mi |
| Warner Robins, GA All Occupations Salary | $57,830↑ 11% | 77 mi |
| Tallahassee, FL All Occupations Salary | $58,230↑ 12% | 78 mi |
Comparing salaries near Albany, GA
Hiring All Occupationss?
Frequently Asked Questions
How much does a All Occupations make in Albany, GA?
The median annual salary for a All Occupations in Albany, GA is $52,060. This typically ranges from $22,740 for entry-level positions to $88,200 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albany, GA is 22.5% lower than the national median of $67,140.
Is Albany, GA a lucrative place for All Occupationss?
No, not exceptionally lucrative compared to the national average.The average salary of $52,060 is significantly lower than the national average of $67,140. However, the cost of living is also at the national average, meaning the purchasing power is comparable.
Is Albany, GA a good place to live for All Occupations?
The Cost of Living Index in Albany, GA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Albany, GA?
Some top paying nearby cities include Valdosta, GA ($48,680) and Dothan, AL.
How does the total workforce size in Albany, GA affect job prospects?
Albany, GA has a total workforce of 58,980, which represents a significant pool of labor. This size indicates a diverse economy with opportunities across various sectors, but also suggests a competitive environment for job seekers.
What does a Location Quotient of 1.0 mean for All Occupations in Albany, GA?
A Location Quotient of 1.0 means that the concentration of All Occupations jobs in Albany, GA is exactly the same as the national average. This suggests a balanced job market without unusual demand or supply pressures specific to this category.
How does the Cost of Living Index impact the perceived salary in Albany, GA?
With a Cost of Living Index of 100, Albany, GA's expenses are on par with the national average. Therefore, the $52,060 salary, while lower than the national average salary, offers a comparable standard of living in terms of purchasing power.
Are there significant salary differences based on experience for All Occupations in Albany, GA?
Yes, experience plays a crucial role in salary determination. Entry-level positions will likely be at the lower end of the pay scale, while seasoned professionals with specialized skills can command higher salaries, reflecting career progression and increased value.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 58,980 employees in the Albany, GA area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for All Occupations • Data source: BLS OEWS 2024 •Jobs in Albany, GA