Average All Occupations Salary in Amarillo, TX
In Amarillo, TX, the average annual salary for All Occupations stands at $53,700. This figure is notably below the national average of $67,140, reflecting localized economic factors and industry demands specific to the Texas Panhandle region. The pay scale in Amarillo is influenced by the cost of doing business and the prevailing wage rates within its unique labor market.
Executive Summary
- Average Salary: $53,700 per year.
- Growth Trend: Salaries have shifted 19.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $94,210.
- Outlook: Amarillo boasts a substantial workforce of 122,390 individuals, indicating a significant economic base. With a Location Quotient of 1.0, the concentration of jobs in 'All Occupations' is precisely at the national average, suggesting a stable and balanced demand for labor across various sectors within the city.
Salary Overview
The average All Occupations in Amarillo, TX earns-20.0%below the national average.
$25.8
$1,033
$4,475
All Occupations Salary Trends (2020-2024)
While specific historical data for Amarillo's 'All Occupations' salary trends over the past four years isn't provided, it's generally assumed that salaries across most sectors have seen modest growth, driven by inflation and evolving market demands. This growth would typically align with broader economic trends, potentially narrowing the gap with national averages over time.
All Occupations Salary Distribution in Amarillo, TX
Salary progression in 'All Occupations' typically scales with experience. Entry-level positions often start at the lower end of the pay scale, while senior roles commanding higher salaries reflect accumulated expertise and responsibility. The percentile gaps between these levels signify clear career progression pathways available to dedicated professionals.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $23,520 | $11.3 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $40,275 | $19.4 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $42,060 | $20.2 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $67,125 | $32.3 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $94,210 | $45.3 |
Detailed All Occupations Market Analysis
Relocation Context
Nominal Salary
$53,700
Gross Pay
Real Wage (Purchasing Power)
$53,700
Adjusted for COL (100)
The nominal average salary of $53,700 in Amarillo, TX, is balanced by a Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of an Amarillo salary is equivalent to the national standard, making the reported income hold its value effectively within the local economy.
Job Market Context
122,390
Total Jobs
1000
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Amarillo, TX has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.
A Location Quotient of 1.0 for 'All Occupations' in Amarillo signifies that the job market is neither significantly more nor less concentrated than the national average. This suggests a competitive yet stable environment where job opportunities are readily available, but rapid expansion or contraction in this broad category is not currently indicated.
Nearby Job Markets
Hiring All Occupationss?
Frequently Asked Questions
How much does a All Occupations make in Amarillo, TX?
The median annual salary for a All Occupations in Amarillo, TX is $53,700. This typically ranges from $23,520 for entry-level positions to $94,210 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Amarillo, TX is 20.0% lower than the national median of $67,140.
Is Amarillo, TX a lucrative place for All Occupationss?
No, not exceptionally lucrative compared to national standards.While the cost of living is average, the average salary for All Occupations in Amarillo is significantly lower than the national average, indicating less lucrative earning potential.
Is Amarillo, TX a good place to live for All Occupations?
The Cost of Living Index in Amarillo, TX is 100. While higher than average, this often correlates with higher wages.
How does Amarillo's cost of living compare to the national average?
Amarillo's Cost of Living Index is 100, which is exactly the national average. This means that the general cost of goods and services in Amarillo is comparable to the rest of the United States.
What is the total workforce size in Amarillo, TX?
Amarillo, TX has a total local workforce of 122,390 individuals, indicating a substantial labor pool and economic activity within the region.
Does the Location Quotient suggest high demand for All Occupations in Amarillo?
A Location Quotient of 1.0 suggests that the concentration of 'All Occupations' jobs in Amarillo is at the national average. This indicates a stable demand rather than exceptionally high or low demand.
How does the average salary in Amarillo compare to the national average?
The average annual salary for All Occupations in Amarillo is $53,700, which is considerably lower than the national average of $67,140.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 122,390 employees in the Amarillo, TX 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 Amarillo, TX