SalaryNode

Average All Occupations Salary in Bloomington, IN

The average annual salary for All Occupations in Bloomington, IN stands at $59,030, which is below the national average of $67,140. This localized pay rate reflects the specific economic conditions and demand within the Bloomington area, influencing compensation levels for its workforce.

Executive Summary

  • Average Salary: $59,030 per year.
  • Growth Trend: Salaries have shifted 16.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $101,180.
  • Outlook: Bloomington, IN supports a substantial workforce of 73,180 individuals across all occupations. The location quotient of 1.0 indicates that the concentration of these jobs is precisely in line with the national average, suggesting a stable and balanced job market without significant over or under-representation in specific sectors.
2024 Market Data

Salary Overview

$59,030

The average All Occupations in Bloomington, IN earns-12.1%below the national average.

BreakdownBased on 40h/week
Hourly

$28.4

Weekly

$1,135

Monthly

$4,919

All Occupations Salary Distribution in Bloomington, IN

Salary progression in Bloomington, IN for All Occupations typically sees significant increases with experience. Entry-level positions might start at lower percentiles, while senior or highly specialized roles command salaries in the upper percentiles, reflecting a clear career ladder and the value placed on accumulated expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$27,840$13.4
ExperiencedProficient professional working independently.25% (Junior)$44,273$21.3
Mid-LevelEstablished expert. Standard market value.50% (Median)$46,430$22.3
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$73,788$35.5
Top TierIndustry leader / Executive level compensation.90% (Expert)$101,180$48.6

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$59,030

Gross Pay

Real Wage (Purchasing Power)

$59,030

Adjusted for COL (100)

With an average annual salary of $59,030 and a Cost of Living Index of 100, the nominal income in Bloomington, IN effectively aligns with the national average cost of living. This means that purchasing power for residents is comparable to the national standard, offering a stable financial environment for those considering relocation.

Job Market Context

73,180

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Bloomington, IN 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 Bloomington, IN signifies that the proportion of these jobs within the local economy is exactly equivalent to the national average. This suggests a job market that is neither exceptionally concentrated nor sparse in these roles, indicating a steady level of demand and availability.

Nearby Job Markets

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Bloomington, IN?

The median annual salary for a All Occupations in Bloomington, IN is $59,030. This typically ranges from $27,840 for entry-level positions to $101,180 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Bloomington, IN is 12.1% lower than the national median of $67,140.

Is Bloomington, IN a lucrative place for All Occupationss?

No, not significantly more lucrative than the national average.The average salary of $59,030 is below the national average, though the cost of living is also at the national average, making purchasing power comparable.

Is Bloomington, IN a good place to live for All Occupations?

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

Where are the highest paying cities near Bloomington, IN?

Some top paying nearby cities include Columbus, IN ($59,930) and Indianapolis-Carmel-Greenwood, IN.

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

The average annual salary for All Occupations in Bloomington, IN is $59,030, which is $8,110 less than the national average of $67,140.

What is the cost of living in Bloomington, IN?

Bloomington, IN has a Cost of Living Index of 100, which is exactly the national average, indicating that the general cost of goods and services is comparable to the rest of the country.

How large is the workforce in Bloomington, IN?

Bloomington, IN has a total local workforce of 73,180 individuals across all occupations.

What does a Location Quotient of 1 mean for jobs in Bloomington, IN?

A Location Quotient of 1 means that the concentration of All Occupations jobs in Bloomington, IN is the same as 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 73,180 employees in the Bloomington, IN area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.