SalaryNode

Average All Occupations Salary in Central North Carolina nonmetropolitan area

In the Central North Carolina nonmetropolitan area, the average annual salary for All Occupations stands at $48,800. This figure is notably lower than the national average of $67,140, reflecting the economic landscape and potentially lower demand for certain roles in less urbanized regions. The pay scale in this area is intrinsically linked to the local economic drivers and the overall cost structure of nonmetropolitan communities.

Executive Summary

  • Average Salary: $48,800 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $78,380.
  • Outlook: With a substantial local workforce of 236,890 individuals, the Central North Carolina nonmetropolitan area demonstrates a significant labor pool. 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 job market that mirrors national employment patterns for these roles.
2024 Market Data

Salary Overview

$48,800

The average All Occupations in Central North Carolina nonmetropolitan area earns-27.3%below the national average.

BreakdownBased on 40h/week
Hourly

$23.5

Weekly

$938

Monthly

$4,067

All Occupations Salary Distribution in Central North Carolina nonmetropolitan area

Salary progression within All Occupations in Central North Carolina nonmetropolitan areas is typically tied to experience and specialization. Entry-level positions will likely fall at the lower end of the pay scale, while seasoned professionals with advanced skills and proven track records can command significantly higher salaries, often found in the upper percentiles of the salary distribution.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$24,250$11.7
ExperiencedProficient professional working independently.25% (Junior)$36,600$17.6
Mid-LevelEstablished expert. Standard market value.50% (Median)$40,060$19.3
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$61,000$29.3
Top TierIndustry leader / Executive level compensation.90% (Expert)$78,380$37.7

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$48,800

Gross Pay

Real Wage (Purchasing Power)

$48,800

Adjusted for COL (100)

The nominal average salary of $48,800 in Central North Carolina nonmetropolitan areas aligns perfectly with the national average Cost of Living Index of 100. This suggests that, on average, the purchasing power of the local salary is comparable to the national standard, meaning that while the salary is lower than the national average, the cost of essential goods and services is also at the national average.

Job Market Context

236,890

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Central North Carolina 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 Central North Carolina nonmetropolitan area signifies that the employment concentration for these roles is neither significantly higher nor lower than the national average. This indicates a market that is neither oversaturated nor experiencing a pronounced shortage, suggesting a steady demand that aligns with national trends.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Central North Carolina nonmetropolitan area

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Central North Carolina nonmetropolitan area?

The median annual salary for a All Occupations in Central North Carolina nonmetropolitan area is $48,800. This typically ranges from $24,250 for entry-level positions to $78,380 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Central North Carolina nonmetropolitan area is 27.3% lower than the national median of $67,140.

Is Central North Carolina nonmetropolitan area a lucrative place for All Occupationss?

No, not exceptionally lucrative compared to national averages.The average salary of $48,800 is substantially below the national average of $67,140. However, the cost of living is also at the national average, which mitigates some of the disparity.

Is Central North Carolina nonmetropolitan area a good place to live for All Occupations?

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

Where are the highest paying cities near Central North Carolina nonmetropolitan area?

Some top paying nearby cities include Greensboro-High Point, NC ($56,360) and Pinehurst-Southern Pines, NC.

How does the local workforce size impact job opportunities?

A large workforce of 236,890 suggests a robust labor market with diverse opportunities, but also potential competition for roles.

What does a Location Quotient of 1.0 mean for job seekers?

A Location Quotient of 1.0 indicates that the proportion of All Occupations jobs in this area is similar to the national average, suggesting a balanced job market.

How does the cost of living affect the $48,800 salary?

With a Cost of Living Index of 100, the $48,800 salary has purchasing power equivalent to the national average, making it relatively stable despite being lower than the national salary average.

What is the typical salary range for All Occupations in this region?

While the average is $48,800, actual salaries can vary significantly based on experience, specific roles within 'All Occupations,' and employer, with entry-level positions earning less and senior roles earning more.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 236,890 employees in the Central North Carolina 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.