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Average All Occupations Salary in Albany, OR

In Albany, Oregon, the average annual salary for All Occupations stands at $59,220. This figure is notably below the national average of $67,140, suggesting that local economic factors and industry demands in Albany may influence compensation levels. The specific pay rates in Albany are a direct reflection of the region's unique economic landscape and the prevailing wage structures within its diverse employment sectors.

Executive Summary

  • Average Salary: $59,220 per year.
  • Growth Trend: Salaries have shifted 19.3% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $98,050.
  • Outlook: Albany, OR boasts a substantial workforce of 45,880 individuals employed across various 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. The presence of 1,000 jobs per 1,000 workers further underscores the robust employment opportunities available within the city.
2024 Market Data

Salary Overview

$59,220

The average All Occupations in Albany, OR earns-11.8%below the national average.

BreakdownBased on 40h/week
Hourly

$28.5

Weekly

$1,139

Monthly

$4,935

All Occupations Salary Distribution in Albany, OR

Salary progression for All Occupations in Albany, OR, typically scales significantly with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command substantially higher salaries. The percentile gaps between different experience levels highlight clear career progression pathways and the financial rewards associated with advancing expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$32,730$15.7
ExperiencedProficient professional working independently.25% (Junior)$44,415$21.4
Mid-LevelEstablished expert. Standard market value.50% (Median)$48,010$23.1
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$74,025$35.6
Top TierIndustry leader / Executive level compensation.90% (Expert)$98,050$47.1

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$59,220

Gross Pay

Real Wage (Purchasing Power)

$59,220

Adjusted for COL (100)

The nominal average salary of $59,220 in Albany, OR, aligns perfectly with the local Cost of Living Index of 100, which is also the national average. This means that the purchasing power of an Albany resident's income is equivalent to that of the average American, indicating a balanced economic environment where wages generally keep pace with the cost of essential goods and services.

Job Market Context

45,880

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Albany, OR has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.

With a Location Quotient of 1.0, the job market for All Occupations in Albany, OR, is neither significantly more nor less concentrated than the national average. This suggests a competitive yet stable employment landscape where the availability of jobs closely mirrors the national distribution, indicating a balanced supply and demand for labor across various roles.

Nearby Job Markets

Nearby Cities for All Occupations

CitySalaryDist.
Corvallis, OR All Occupations Salary$70,640↑ 19%10 mi
Salem, OR All Occupations Salary$65,560↑ 11%21 mi
Eugene-Springfield, OR All Occupations Salary$62,360↑ 5%39 mi
Coast Oregon nonmetropolitan area All Occupations Salary$56,020↓ 5%51 mi
Eastern Oregon nonmetropolitan area All Occupations Salary$57,400↓ 3%51 mi

Comparing salaries near Albany, OR

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Albany, OR?

The median annual salary for a All Occupations in Albany, OR is $59,220. This typically ranges from $32,730 for entry-level positions to $98,050 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Albany, OR is 11.8% lower than the national median of $67,140.

Is Albany, OR a lucrative place for All Occupationss?

No, but it is balanced.Albany, OR offers an average salary of $59,220, which is below the national average of $67,140. However, the local cost of living is also at the national average, meaning your salary's purchasing power is comparable.

Is Albany, OR a good place to live for All Occupations?

The Cost of Living Index in Albany, OR is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Albany, OR?

Some top paying nearby cities include Corvallis, OR ($70,640) and Salem, OR.

How does Albany's average salary compare to the national average?

The average annual salary for All Occupations in Albany, OR is $59,220, which is lower than the national average of $67,140.

What is the cost of living in Albany, OR?

Albany, OR has a Cost of Living Index of 100, which is exactly the national average, indicating that the cost of goods and services is neither higher nor lower than the U.S. average.

How large is the workforce in Albany, OR?

Albany, OR has a total local workforce of 45,880 individuals employed across all occupations.

Is there high demand for All Occupations in Albany, OR?

The Location Quotient of 1.0 suggests that the concentration of All Occupations jobs in Albany, OR is in line with the national average, indicating a stable and balanced demand.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 45,880 employees in the Albany, OR area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for All Occupations • Data source: BLS OEWS 2024 •Jobs in Albany, OR