SalaryNode

Average All Occupations Salary in Burlington, NC

The average annual salary for All Occupations in Burlington, NC stands at $51,470, which is notably below the national average of $67,140. This disparity is often influenced by local economic factors, industry concentration, and the overall demand within the regional job market.

Executive Summary

  • Average Salary: $51,470 per year.
  • Growth Trend: Salaries have shifted 21.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $85,900.
  • Outlook: Burlington, NC boasts a substantial workforce of 68,010 individuals, with 1,000 jobs per 1,000 workers, indicating a stable employment landscape. The Location Quotient of 1.0 suggests that the concentration of jobs in All Occupations aligns precisely with the national average, signifying a balanced and consistent demand for labor within the area.
2024 Market Data

Salary Overview

$51,470

The average All Occupations in Burlington, NC earns-23.3%below the national average.

BreakdownBased on 40h/week
Hourly

$24.8

Weekly

$990

Monthly

$4,289

All Occupations Salary Distribution in Burlington, NC

Salary progression in All Occupations typically scales with experience. Entry-level positions may start closer to the lower percentiles, while senior or specialized roles command salaries in the higher percentiles. The widening gap between entry-level and senior salaries signifies clear career advancement opportunities and the increasing value placed on expertise and tenure within the Burlington job market.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$25,850$12.4
ExperiencedProficient professional working independently.25% (Junior)$38,603$18.6
Mid-LevelEstablished expert. Standard market value.50% (Median)$40,980$19.7
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$64,338$30.9
Top TierIndustry leader / Executive level compensation.90% (Expert)$85,900$41.3

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$51,470

Gross Pay

Real Wage (Purchasing Power)

$51,470

Adjusted for COL (100)

With an average annual salary of $51,470 and a Cost of Living Index of 100 (matching the national average), the nominal income in Burlington, NC offers purchasing power equivalent to the national standard. This means that while the salary is lower than the national average, the cost of goods and services locally does not present a disadvantage, making the effective income relatively stable.

Job Market Context

68,010

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Burlington, NC 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 Burlington, NC indicates that the proportion of these jobs within the local economy is exactly in line with the national average. This suggests a job market that is neither overly saturated nor exceptionally scarce for these roles, presenting a competitive yet accessible environment for job seekers and employers alike.

Nearby Job Markets

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Burlington, NC?

The median annual salary for a All Occupations in Burlington, NC is $51,470. This typically ranges from $25,850 for entry-level positions to $85,900 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Burlington, NC is 23.3% lower than the national median of $67,140.

Is Burlington, NC a lucrative place for All Occupationss?

No, not exceptionally lucrative compared to national averages.The average salary of $51,470 is significantly lower than the national average of $67,140. However, the cost of living being at the national average means the purchasing power is comparable.

Is Burlington, NC a good place to live for All Occupations?

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

Where are the highest paying cities near Burlington, NC?

Some top paying nearby cities include Greensboro-High Point, NC ($56,360) and Durham-Chapel Hill, NC.

What is the average salary for All Occupations in Burlington, NC?

The average annual salary for All Occupations in Burlington, NC is $51,470.

How does Burlington, NC's cost of living compare to the national average?

Burlington, NC has a Cost of Living Index of 100, which is exactly the national average.

What is the total workforce size in Burlington, NC?

The total local workforce in Burlington, NC is 68,010 individuals.

What does a Location Quotient of 1 mean for jobs in Burlington, NC?

A Location Quotient of 1 signifies that the concentration of jobs for All Occupations in Burlington, NC is the same as the national average, indicating 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 68,010 employees in the Burlington, NC area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.