Average All Occupations Salary in Durham-Chapel Hill, NC
In Durham-Chapel Hill, NC, the average annual salary for all occupations stands at an impressive $78,130. This figure significantly surpasses the national average of $67,140, indicating a robust local economy and potentially higher demand for skilled labor. The unique economic drivers and industry concentrations within the Research Triangle region likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $78,130 per year.
- Growth Trend: Salaries have shifted 21.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $147,290.
- Outlook: The Durham-Chapel Hill job market demonstrates considerable stability, supporting a substantial workforce of 342,530 individuals. With a Location Quotient of 1.0, the concentration of jobs aligns precisely with the national average, suggesting a balanced and well-established employment landscape. The presence of a large workforce indicates a dynamic environment with consistent opportunities across various sectors.
Salary Overview
The average All Occupations in Durham-Chapel Hill, NC earns+16.4%above the national average.
$37.6
$1,503
$6,511
All Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for all occupations in the Durham-Chapel Hill area have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increasing demand for specialized skills, and regional economic development initiatives likely contribute to this upward trajectory in compensation.
All Occupations Salary Distribution in Durham-Chapel Hill, NC
Salary progression in Durham-Chapel Hill, as in most markets, is strongly correlated with experience and specialization. Entry-level positions typically command lower salaries, while senior roles requiring extensive expertise and proven track records can see compensation increase significantly. The widening gap between entry-level and senior-level salaries reflects the value placed on experience and the clear career advancement pathways available within the local job market.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $30,280 | $14.6 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $58,598 | $28.2 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $59,740 | $28.7 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $97,663 | $47 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $147,290 | $70.8 |
Detailed All Occupations Market Analysis
Relocation Context
Nominal Salary
$78,130
Gross Pay
Real Wage (Purchasing Power)
$78,130
Adjusted for COL (100)
The nominal average salary of $78,130 in Durham-Chapel Hill aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, offering a stable financial environment for residents. While not offering a significant cost-of-living advantage, the strong average salary ensures that the standard of living is maintained at a comparable level to the rest of the country.
Job Market Context
342,530
Total Jobs
1000
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Durham-Chapel Hill, 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 Durham-Chapel Hill signifies that the concentration of jobs in this region is exactly in line with the national average. This suggests a healthy and balanced job market where opportunities are neither exceptionally scarce nor overly saturated compared to the rest of the United States. The market is competitive yet accessible, offering a stable environment for both job seekers and employers.
Nearby Job Markets
Nearby Cities for All Occupations
| City | Salary | Dist. |
|---|---|---|
| Raleigh-Cary, NC All Occupations Salary | $68,010↓ 13% | 18 mi |
| Burlington, NC All Occupations Salary | $51,470↓ 34% | 32 mi |
| Greensboro-High Point, NC All Occupations Salary | $56,360↓ 28% | 52 mi |
| Eastern North Carolina nonmetropolitan area All Occupations Salary | $49,870↓ 36% | 56 mi |
| Western North Carolina nonmetropolitan area All Occupations Salary | $49,620↓ 36% | 56 mi |
Comparing salaries near Durham-Chapel Hill, NC
Hiring All Occupationss?
Frequently Asked Questions
How much does a All Occupations make in Durham-Chapel Hill, NC?
The median annual salary for a All Occupations in Durham-Chapel Hill, NC is $78,130. This typically ranges from $30,280 for entry-level positions to $147,290 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Durham-Chapel Hill, NC is 16.4% higher than the national median of $67,140.
Is Durham-Chapel Hill, NC a lucrative place for All Occupationss?
Yes, it offers above-average compensation.The average annual salary of $78,130 is notably higher than the national average of $67,140. Coupled with a cost of living at the national average, this makes Durham-Chapel Hill a financially attractive location.
Is Durham-Chapel Hill, NC a good place to live for All Occupations?
The Cost of Living Index in Durham-Chapel Hill, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Durham-Chapel Hill, NC?
Some top paying nearby cities include Raleigh-Cary, NC ($68,010) and Burlington, NC.
How does the average salary in Durham-Chapel Hill compare to the national average?
The average annual salary in Durham-Chapel Hill is $78,130, which is significantly higher than the national average of $67,140.
What is the Cost of Living Index in Durham-Chapel Hill?
The Cost of Living Index in Durham-Chapel Hill is 100, which is exactly the national average.
How large is the workforce in Durham-Chapel Hill?
The total local workforce in Durham-Chapel Hill comprises 342,530 individuals.
What does a Location Quotient of 1 mean for Durham-Chapel Hill?
A Location Quotient of 1 indicates that the concentration of jobs for all occupations in Durham-Chapel Hill is the same as 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 342,530 employees in the Durham-Chapel Hill, NC area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore All Occupations Salaries by State
Top Jobs in Durham-Chapel Hill, NC
- All Occupations Salary in Durham-Chapel Hill, NC
- Office and Administrative Support Occupations Salary in Durham-Chapel Hill, NC
- Healthcare Practitioners and Technical Occupations Salary in Durham-Chapel Hill, NC
- Management Occupations Salary in Durham-Chapel Hill, NC
- Educational Instruction and Library Occupations Salary in Durham-Chapel Hill, NC
- Business and Financial Operations Occupations Salary in Durham-Chapel Hill, NC
- Computer and Mathematical Occupations Salary in Durham-Chapel Hill, NC
- Food Preparation and Serving Related Occupations Salary in Durham-Chapel Hill, NC
- Sales and Related Occupations Salary in Durham-Chapel Hill, NC
- Transportation and Material Moving Occupations Salary in Durham-Chapel Hill, NC
- Browse All Jobs in Durham-Chapel Hill, NC →
Semantic Salary Analysis for All Occupations • Data source: BLS OEWS 2024 •Jobs in Durham-Chapel Hill, NC