Average All Occupations Salary in Blacksburg-Christiansburg-Radford, VA
The average annual salary for All Occupations in Blacksburg-Christiansburg-Radford, VA, stands at $58,980, which is below the national average of $67,140. This disparity is often influenced by the specific economic drivers and industry concentrations within a metropolitan area, impacting overall wage levels.
Executive Summary
- Average Salary: $58,980 per year.
- Growth Trend: Salaries have shifted 22.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $101,440.
- Outlook: With a substantial local workforce of 74,400 individuals, the Blacksburg-Christiansburg-Radford area demonstrates a significant labor market presence. A Location Quotient of 1.0 indicates that 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 region.
Salary Overview
The average All Occupations in Blacksburg-Christiansburg-Radford, VA earns-12.2%below the national average.
$28.4
$1,134
$4,915
All Occupations Salary Trends (2020-2024)
While specific historical data for 'All Occupations' in Blacksburg-Christiansburg-Radford over the past four years is not provided, it is reasonable to assume a general trend of salary growth, mirroring national economic patterns. Such growth is typically driven by inflation, increased demand for skilled labor, and evolving industry standards, leading to incremental increases in average compensation.
All Occupations Salary Distribution in Blacksburg-Christiansburg-Radford, VA
Salary progression within 'All Occupations' typically scales significantly with experience. Entry-level positions often start at the lower end of the pay scale, while senior roles, requiring extensive expertise and leadership, command substantially higher compensation. The percentile gaps between entry-level, mid-career, and senior professionals highlight clear pathways for career advancement and increased earning potential within the region.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $27,750 | $13.3 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $44,235 | $21.3 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $47,700 | $22.9 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $73,725 | $35.4 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $101,440 | $48.8 |
Detailed All Occupations Market Analysis
Relocation Context
Nominal Salary
$58,980
Gross Pay
Real Wage (Purchasing Power)
$58,980
Adjusted for COL (100)
The nominal average salary of $58,980 in Blacksburg-Christiansburg-Radford aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, suggesting that the cost of goods, services, housing, and transportation is neither significantly higher nor lower than the typical American experience.
Job Market Context
74,400
Total Jobs
1000
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Blacksburg-Christiansburg-Radford, VA 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 Blacksburg-Christiansburg-Radford signifies that the proportion of these jobs within the local economy is exactly in line with the national average. This indicates a balanced job market where the concentration of 'All Occupations' is neither exceptionally high nor low, suggesting a steady level of competition and opportunity for job seekers.
Nearby Job Markets
Nearby Cities for All Occupations
| City | Salary | Dist. |
|---|---|---|
| Roanoke, VA All Occupations Salary | $57,160↓ 3% | 26 mi |
| Beckley, WV All Occupations Salary | $50,790↓ 14% | 57 mi |
| Lynchburg, VA All Occupations Salary | $56,330↓ 4% | 69 mi |
| Winston-Salem, NC All Occupations Salary | $58,680↓ 1% | 79 mi |
| Greensboro-High Point, NC All Occupations Salary | $56,360↓ 4% | 85 mi |
Comparing salaries near Blacksburg-Christiansburg-Radford, VA
Hiring All Occupationss?
Frequently Asked Questions
How much does a All Occupations make in Blacksburg-Christiansburg-Radford, VA?
The median annual salary for a All Occupations in Blacksburg-Christiansburg-Radford, VA is $58,980. This typically ranges from $27,750 for entry-level positions to $101,440 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Blacksburg-Christiansburg-Radford, VA is 12.2% lower than the national median of $67,140.
Is Blacksburg-Christiansburg-Radford, VA a lucrative place for All Occupationss?
No, not exceptionally lucrative compared to the national average.The average salary of $58,980 is below the national average of $67,140, although the cost of living is on par with the national average.
Is Blacksburg-Christiansburg-Radford, VA a good place to live for All Occupations?
The Cost of Living Index in Blacksburg-Christiansburg-Radford, VA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Blacksburg-Christiansburg-Radford, VA?
Some top paying nearby cities include Roanoke, VA ($57,160) and Beckley, WV.
What is the average salary for All Occupations in Blacksburg-Christiansburg-Radford, VA?
The average annual salary for All Occupations in Blacksburg-Christiansburg-Radford, VA is $58,980.
How does the Blacksburg-Christiansburg-Radford salary compare to the national average?
The average salary in Blacksburg-Christiansburg-Radford ($58,980) is lower than the national average ($67,140).
What is the Cost of Living Index in Blacksburg-Christiansburg-Radford, VA?
The Cost of Living Index in Blacksburg-Christiansburg-Radford, VA is 100, which is the national average.
How large is the workforce in Blacksburg-Christiansburg-Radford, VA?
The total local workforce in Blacksburg-Christiansburg-Radford, VA is 74,400.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 74,400 employees in the Blacksburg-Christiansburg-Radford, VA 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 Blacksburg-Christiansburg-Radford, VA