SalaryNode

Average All Occupations Salary in Atlantic City-Hammonton, NJ

In Atlantic City-Hammonton, NJ, the average annual salary for All Occupations stands at $61,460. This figure is slightly below the national average of $67,140, reflecting localized economic factors and industry demands specific to the region. The unique economic landscape of Atlantic City-Hammonton, influenced by its prominent tourism and entertainment sectors, plays a significant role in shaping compensation levels for its workforce.

Executive Summary

  • Average Salary: $61,460 per year.
  • Growth Trend: Salaries have shifted 16.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $104,950.
  • Outlook: With a substantial local workforce of 166,720 individuals and a Location Quotient of 1.0, the job market for All Occupations in Atlantic City-Hammonton is stable and mirrors national employment concentration. This indicates a consistent demand for various roles, suggesting a robust and predictable employment environment for professionals across different sectors within the area.
2024 Market Data

Salary Overview

$61,460

The average All Occupations in Atlantic City-Hammonton, NJ earns-8.5%below the national average.

BreakdownBased on 40h/week
Hourly

$29.6

Weekly

$1,182

Monthly

$5,122

All Occupations Salary Distribution in Atlantic City-Hammonton, NJ

Salary progression for All Occupations in Atlantic City-Hammonton typically scales with experience. Entry-level positions often start at the lower percentiles, while senior roles command salaries in the higher percentiles. The widening gap between these percentiles signifies clear opportunities for career advancement and increased earning potential as professionals gain expertise and take on greater responsibilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$31,470$15.1
ExperiencedProficient professional working independently.25% (Junior)$46,095$22.2
Mid-LevelEstablished expert. Standard market value.50% (Median)$46,290$22.3
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$76,825$36.9
Top TierIndustry leader / Executive level compensation.90% (Expert)$104,950$50.5

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$61,460

Gross Pay

Real Wage (Purchasing Power)

$61,460

Adjusted for COL (100)

The average annual salary of $61,460 in Atlantic City-Hammonton aligns precisely with the national average Cost of Living Index of 100. This means that, on average, a professional's nominal earnings in this region will have purchasing power equivalent to the national average, making it a financially neutral location for relocation from a cost-of-living perspective.

Job Market Context

166,720

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Atlantic City-Hammonton, NJ 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 Atlantic City-Hammonton indicates that the concentration of these jobs in the area is precisely at the national average. This suggests a balanced job market where the availability of professionals closely matches the demand, implying moderate competition and a steady supply of talent for employers.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Atlantic City-Hammonton, NJ

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Atlantic City-Hammonton, NJ?

The median annual salary for a All Occupations in Atlantic City-Hammonton, NJ is $61,460. This typically ranges from $31,470 for entry-level positions to $104,950 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Atlantic City-Hammonton, NJ is 8.5% lower than the national median of $67,140.

Is Atlantic City-Hammonton, NJ a lucrative place for All Occupationss?

No, it is not exceptionally lucrative.The average salary of $61,460 is below the national average, and the Cost of Living is at the national average, indicating standard purchasing power rather than enhanced financial gain.

Is Atlantic City-Hammonton, NJ a good place to live for All Occupations?

The Cost of Living Index in Atlantic City-Hammonton, NJ is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Atlantic City-Hammonton, NJ?

Some top paying nearby cities include Vineland, NJ ($60,300) and Philadelphia-Camden-Wilmington, PA-NJ-DE-MD.

How does the Atlantic City-Hammonton salary compare to the national average?

The average annual salary for All Occupations in Atlantic City-Hammonton is $61,460, which is slightly lower than the national average of $67,140.

What is the size of the workforce in Atlantic City-Hammonton?

The total local workforce for All Occupations in Atlantic City-Hammonton comprises 166,720 individuals.

How does the cost of living in Atlantic City-Hammonton affect salary perception?

With a Cost of Living Index of 100, the nominal salary of $61,460 offers purchasing power equivalent to the national average, meaning your earnings stretch neither further nor less than elsewhere in the country.

Is there a high concentration of All Occupations jobs in Atlantic City-Hammonton?

The Location Quotient of 1.0 indicates that the concentration of All Occupations jobs in Atlantic City-Hammonton is exactly at the national average, suggesting a balanced job market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 166,720 employees in the Atlantic City-Hammonton, NJ area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.