SalaryNode

Average All Occupations Salary in Balance of Nevada nonmetropolitan area

In the Balance of Nevada nonmetropolitan area, the average annual salary for All Occupations stands at $62,140. This figure is slightly below the national average of $67,140, a common trend in nonmetropolitan regions where economic drivers and industry concentration may differ from national benchmarks. Localized economic factors and the specific demand for various roles within this broad category contribute to this salary differential.

Executive Summary

  • Average Salary: $62,140 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $103,400.
  • Outlook: The Balance of Nevada nonmetropolitan area supports a substantial workforce of 88,450 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. The presence of 1,000 jobs per 1,000 workers further underscores the consistent demand and availability of employment opportunities within this diverse occupational landscape.
2024 Market Data

Salary Overview

$62,140

The average All Occupations in Balance of Nevada nonmetropolitan area earns-7.4%below the national average.

BreakdownBased on 40h/week
Hourly

$29.9

Weekly

$1,195

Monthly

$5,178

All Occupations Salary Distribution in Balance of Nevada nonmetropolitan area

Within the Balance of Nevada nonmetropolitan area, salary progression for All Occupations is typically tied to experience and specialization. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with advanced skills and a proven track record can command significantly higher salaries. The widening gap between the 25th percentile (entry-level) and the 75th percentile (experienced) salaries clearly signifies robust career advancement opportunities and the financial rewards associated with professional development.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$27,160$13.1
ExperiencedProficient professional working independently.25% (Junior)$46,605$22.4
Mid-LevelEstablished expert. Standard market value.50% (Median)$50,600$24.3
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$77,675$37.3
Top TierIndustry leader / Executive level compensation.90% (Expert)$103,400$49.7

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$62,140

Gross Pay

Real Wage (Purchasing Power)

$62,140

Adjusted for COL (100)

The nominal average salary of $62,140 in the Balance of Nevada nonmetropolitan area is directly comparable to the national average cost of living index of 100. This means that, on average, the purchasing power of the salary in this region is on par with the national average. Residents can expect their earnings to cover essential expenses and discretionary spending at a rate consistent with the rest of the country, making it a neutral environment from a cost-of-living perspective.

Job Market Context

88,450

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Balance of Nevada nonmetropolitan area 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 the Balance of Nevada nonmetropolitan area signifies that the concentration of these jobs is exactly at the national average. This suggests a balanced job market where employment opportunities are neither significantly more nor less abundant than what would be expected nationally. The market is neither overly saturated nor experiencing a pronounced shortage of workers across the broad spectrum of occupations.

Nearby Job Markets

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Balance of Nevada nonmetropolitan area?

The median annual salary for a All Occupations in Balance of Nevada nonmetropolitan area is $62,140. This typically ranges from $27,160 for entry-level positions to $103,400 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Balance of Nevada nonmetropolitan area is 7.4% lower than the national median of $67,140.

Is Balance of Nevada nonmetropolitan area a lucrative place for All Occupationss?

No, not significantly more lucrative than the national average.The average salary of $62,140 is below the national average of $67,140, although the cost of living is also at the national average.

Is Balance of Nevada nonmetropolitan area a good place to live for All Occupations?

The Cost of Living Index in Balance of Nevada nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

How does the average salary in Nevada's nonmetropolitan areas compare to the national average?

The average annual salary for All Occupations in the Balance of Nevada nonmetropolitan area is $62,140, which is $5,000 less than the national average of $67,140.

What is the cost of living in Nevada's nonmetropolitan areas?

The cost of living index for the Balance of Nevada nonmetropolitan area is 100, which is exactly the national average, indicating that expenses are neither higher nor lower than the national norm.

How large is the workforce in Nevada's nonmetropolitan areas?

The total local workforce for All Occupations in the Balance of Nevada nonmetropolitan area comprises 88,450 individuals.

Is there a high concentration of jobs for All Occupations in this region?

The Location Quotient of 1.0 indicates that the concentration of All Occupations jobs in the Balance of Nevada nonmetropolitan area 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 88,450 employees in the Balance of Nevada nonmetropolitan area area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.