SalaryNode

Average All Occupations Salary in Daphne-Fairhope-Foley, AL

The average annual salary for All Occupations in the Daphne-Fairhope-Foley, AL area is $47,790. This figure is notably below the national average of $67,140, reflecting regional economic factors and industry concentrations. Local pay scales are often influenced by the specific demand for various roles within the community and the overall economic landscape of the state.

Executive Summary

  • Average Salary: $47,790 per year.
  • Growth Trend: Salaries have shifted 19.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $79,310.
  • Outlook: The Daphne-Fairhope-Foley, AL area boasts a substantial workforce of 84,090 individuals. With a Location Quotient of 1.0, the concentration of jobs in 'All Occupations' aligns precisely with the national average, suggesting a stable and balanced job market. This indicates a steady demand for a diverse range of professions, supporting the existing workforce size.
2024 Market Data

Salary Overview

$47,790

The average All Occupations in Daphne-Fairhope-Foley, AL earns-28.8%below the national average.

BreakdownBased on 40h/week
Hourly

$23

Weekly

$919

Monthly

$3,983

All Occupations Salary Distribution in Daphne-Fairhope-Foley, AL

Within the 'All Occupations' sector in Daphne-Fairhope-Foley, AL, salary progression is intrinsically linked to experience and skill development. Entry-level positions typically command lower salaries, while senior roles requiring specialized expertise and extensive experience see significantly higher compensation. The widening gap between entry-level and senior-level pay scales 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)$22,300$10.7
ExperiencedProficient professional working independently.25% (Junior)$35,843$17.2
Mid-LevelEstablished expert. Standard market value.50% (Median)$37,430$18
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$59,738$28.7
Top TierIndustry leader / Executive level compensation.90% (Expert)$79,310$38.1

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$47,790

Gross Pay

Real Wage (Purchasing Power)

$47,790

Adjusted for COL (100)

The nominal average annual salary of $47,790 in Daphne-Fairhope-Foley, AL, when juxtaposed with a Cost of Living Index of 100, suggests that purchasing power is on par with the national average. This means that the local salary, while lower than the national average, effectively covers the cost of goods and services at a comparable level to the rest of the country, offering a stable financial environment for residents.

Job Market Context

84,090

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Daphne-Fairhope-Foley, AL 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 Daphne-Fairhope-Foley, AL, indicates that the job market is neither over-saturated nor experiencing a significant shortage relative to the national landscape. This equilibrium suggests a competitive yet accessible job market where opportunities are generally aligned with the number of available workers, providing a predictable environment for job seekers and employers alike.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Daphne-Fairhope-Foley, AL

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Daphne-Fairhope-Foley, AL?

The median annual salary for a All Occupations in Daphne-Fairhope-Foley, AL is $47,790. This typically ranges from $22,300 for entry-level positions to $79,310 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Daphne-Fairhope-Foley, AL is 28.8% lower than the national median of $67,140.

Is Daphne-Fairhope-Foley, AL a lucrative place for All Occupationss?

No, not exceptionally lucrative compared to the national average.The average salary of $47,790 is significantly lower than the national average of $67,140. However, the cost of living is also at the national average, meaning the lower salary has comparable purchasing power locally.

Is Daphne-Fairhope-Foley, AL a good place to live for All Occupations?

The Cost of Living Index in Daphne-Fairhope-Foley, AL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Daphne-Fairhope-Foley, AL?

Some top paying nearby cities include Mobile, AL ($54,490) and Pensacola-Ferry Pass-Brent, FL.

What is the average salary for All Occupations in Daphne-Fairhope-Foley, AL?

The average annual salary for All Occupations in Daphne-Fairhope-Foley, AL is $47,790.

How does the Daphne-Fairhope-Foley, AL salary compare to the national average?

The average salary in Daphne-Fairhope-Foley, AL ($47,790) is considerably lower than the national average of $67,140.

What is the Cost of Living Index in Daphne-Fairhope-Foley, AL?

The Cost of Living Index in Daphne-Fairhope-Foley, AL is 100, which is exactly the national average.

How large is the workforce in Daphne-Fairhope-Foley, AL?

The total local workforce in Daphne-Fairhope-Foley, AL is 84,090 individuals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 84,090 employees in the Daphne-Fairhope-Foley, AL area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.