SalaryNode

Average All Occupations Salary in Central New Hampshire nonmetropolitan area

The average annual salary for All Occupations in the Central New Hampshire nonmetropolitan area stands at $61,170. 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 larger urban centers. Localized economic factors and the specific industry mix within Central New Hampshire contribute to this salary differential.

Executive Summary

  • Average Salary: $61,170 per year.
  • Growth Trend: Salaries have shifted 16.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $100,590.
  • Outlook: With a substantial local workforce of 93,810 individuals, the Central New Hampshire nonmetropolitan area demonstrates a significant labor market presence. The Location Quotient of 1.0 indicates that the concentration of All Occupations in this region is precisely in line with the national average, suggesting a stable and balanced demand for these roles relative to the overall economy.
2024 Market Data

Salary Overview

$61,170

The average All Occupations in Central New Hampshire nonmetropolitan area earns-8.9%below the national average.

BreakdownBased on 40h/week
Hourly

$29.4

Weekly

$1,176

Monthly

$5,098

All Occupations Salary Distribution in Central New Hampshire nonmetropolitan area

Within the All Occupations category, salary progression is typically tied to experience and specialization. Entry-level positions generally command lower salaries, while senior roles requiring extensive expertise and leadership responsibilities can see significantly higher compensation. The widening gap between entry-level and senior-level salaries reflects the career advancement opportunities and the increasing value placed on seasoned professionals.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$30,160$14.5
ExperiencedProficient professional working independently.25% (Junior)$45,878$22.1
Mid-LevelEstablished expert. Standard market value.50% (Median)$48,690$23.4
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$76,463$36.8
Top TierIndustry leader / Executive level compensation.90% (Expert)$100,590$48.4

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$61,170

Gross Pay

Real Wage (Purchasing Power)

$61,170

Adjusted for COL (100)

The average annual salary of $61,170 in Central New Hampshire aligns precisely with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of the salary in this region is comparable to the national standard, offering a stable financial environment for residents without the premium often associated with higher cost-of-living areas.

Job Market Context

93,810

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Central New Hampshire 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 Central New Hampshire signifies that the representation of these jobs within the local workforce is equivalent to the national average. This suggests a healthy, balanced job market where demand and supply are in equilibrium, indicating neither an oversupply nor a significant shortage of workers in these roles.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Central New Hampshire nonmetropolitan area

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Central New Hampshire nonmetropolitan area?

The median annual salary for a All Occupations in Central New Hampshire nonmetropolitan area is $61,170. This typically ranges from $30,160 for entry-level positions to $100,590 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Central New Hampshire nonmetropolitan area is 8.9% lower than the national median of $67,140.

Is Central New Hampshire nonmetropolitan area a lucrative place for All Occupationss?

Moderately lucrative, with earnings matching the national cost of living.The average salary of $61,170 is slightly below the national average, but the cost of living is also at the national average. This balance suggests a stable, though not exceptionally high, earning potential.

Is Central New Hampshire nonmetropolitan area a good place to live for All Occupations?

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

Where are the highest paying cities near Central New Hampshire nonmetropolitan area?

Some top paying nearby cities include Manchester-Nashua, NH ($71,160) and Portland-South Portland, ME.

How does the Central New Hampshire salary compare to the national average?

The average annual salary for All Occupations in Central New Hampshire is $61,170, which is approximately $6,000 less than the national average of $67,140.

What is the significance of the Location Quotient being 1.0?

A Location Quotient of 1.0 means that the concentration of All Occupations jobs in Central New Hampshire is the same as the national average, indicating a balanced job market.

How does the cost of living affect the salary in Central New Hampshire?

With a Cost of Living Index of 100, the nominal salary of $61,170 offers purchasing power equivalent to the national average, making it a stable financial environment.

What is the size of the workforce in Central New Hampshire for All Occupations?

The total local workforce for All Occupations in Central New Hampshire comprises 93,810 individuals, indicating a significant labor market presence.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 93,810 employees in the Central New Hampshire 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.