SalaryNode

Average All Occupations Salary in Delaware

In Delaware, the average annual salary for all occupations stands at a robust $67,640. This figure slightly surpasses the national average of $67,140, indicating a competitive compensation landscape within the state. Factors such as Delaware's economic drivers and industry demands likely contribute to this favorable pay.

Executive Summary

  • Average Salary: $67,640 per year.
  • Growth Trend: Salaries have shifted 19.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $124,260.
  • Outlook: Delaware boasts a substantial workforce of 476,450 individuals, with 1,000 jobs available per 1,000 workers. The location quotient of 1 signifies that the concentration of jobs in Delaware aligns precisely with the national average, suggesting a stable and well-established job market that can absorb its workforce effectively.
2024 Market Data

Salary Overview

$67,640

The average All Occupations in Delaware earns+0.7%above the national average.

BreakdownBased on 40h/week
Hourly

$32.5

Weekly

$1,301

Monthly

$5,637

All Occupations Salary Distribution in Delaware

Salary progression in Delaware is strongly tied to experience and specialization. Entry-level positions typically fall within the lower percentiles of the $67,640 average, while senior and highly specialized roles command significantly higher compensation, occupying the upper percentiles. This widening gap between entry-level and senior salaries reflects a clear career progression path and the increasing value placed on expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$29,940$14.4
ExperiencedProficient professional working independently.25% (Junior)$50,730$24.4
Mid-LevelEstablished expert. Standard market value.50% (Median)$51,030$24.5
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$84,550$40.6
Top TierIndustry leader / Executive level compensation.90% (Expert)$124,260$59.7

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$67,640

Gross Pay

Real Wage (Purchasing Power)

$67,103

Adjusted for COL (100.8)

With an average annual salary of $67,640, Delaware's compensation is well-positioned against its Cost of Living Index of 100.8. This index indicates that the cost of living in Delaware is only marginally higher than the national average (100). Therefore, the nominal salary offers a purchasing power that is very close to the national average, making it a relatively stable financial environment for residents.

Job Market Context

476,450

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Delaware has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.

A location quotient of 1 for all occupations in Delaware suggests that the state's job market is neither over-concentrated nor under-represented compared to the national landscape. This equilibrium indicates a balanced job market where demand and supply for labor are closely matched, implying a moderate level of competition for roles across various sectors.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Delaware

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Delaware?

The median annual salary for a All Occupations in Delaware is $67,640. This typically ranges from $29,940 for entry-level positions to $124,260 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Delaware is 0.7% higher than the national median of $67,140.

Is Delaware a lucrative place for All Occupationss?

Yes, Delaware offers a slightly above-average salary for all occupations.The average salary of $67,640 in Delaware marginally exceeds the national average, and the cost of living is very close to the national benchmark, making it a financially sound location.

Is Delaware a good place to live for All Occupations?

The Cost of Living Index in Delaware is 100.8. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Delaware?

Some top paying nearby cities include Dover, DE ($56,810) and Vineland, NJ.

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

Delaware's average annual salary of $67,640 is slightly higher than the national average of $67,140.

What is the cost of living in Delaware compared to the rest of the US?

Delaware's Cost of Living Index is 100.8, indicating it is only slightly more expensive than the national average (100).

How large is the workforce in Delaware?

Delaware has a total local workforce of 476,450 individuals.

What does a location quotient of 1 mean for Delaware's job market?

A location quotient of 1 signifies that the concentration of jobs in Delaware for all occupations is exactly in line with 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 476,450 employees in the Delaware area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.