SalaryNode

Average All Occupations Salary in Elizabethtown, KY

In Elizabethtown, KY, the average annual salary for All Occupations stands at $52,980. This figure is notably below the national average of $67,140, reflecting regional economic factors and the specific demand dynamics within the local job market. The cost of living in Elizabethtown is on par with the national average, suggesting that while nominal wages are lower, purchasing power may be relatively stable.

Executive Summary

  • Average Salary: $52,980 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $91,890.
  • Outlook: Elizabethtown, KY supports a substantial workforce of 51,330 individuals across all occupations. With a Location Quotient of 1.0, the concentration of these jobs aligns precisely with the national average, indicating a balanced presence of opportunities relative to the overall employment landscape. The presence of 1,000 jobs per 1,000 workers further underscores a stable and consistent demand for labor within the region.
2024 Market Data

Salary Overview

$52,980

The average All Occupations in Elizabethtown, KY earns-21.1%below the national average.

BreakdownBased on 40h/week
Hourly

$25.5

Weekly

$1,019

Monthly

$4,415

All Occupations Salary Distribution in Elizabethtown, KY

Salary progression in Elizabethtown, as in most markets, is significantly influenced by experience and specialization. Entry-level positions for All Occupations typically command salaries at the lower end of the spectrum, while senior roles and those requiring specialized skills will see substantial increases. The percentile gaps between these levels signify clear career progression pathways and the increasing value placed on expertise within the local workforce.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$26,580$12.8
ExperiencedProficient professional working independently.25% (Junior)$39,735$19.1
Mid-LevelEstablished expert. Standard market value.50% (Median)$44,810$21.5
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$66,225$31.8
Top TierIndustry leader / Executive level compensation.90% (Expert)$91,890$44.2

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$52,980

Gross Pay

Real Wage (Purchasing Power)

$52,980

Adjusted for COL (100)

The nominal average salary of $52,980 in Elizabethtown, KY, when compared against a Cost of Living Index of 100 (which is the national average), suggests that residents experience a cost of living that is neither significantly higher nor lower than the national benchmark. This means that the stated average salary offers a purchasing power that is relatively aligned with the national average, despite being lower in absolute terms.

Job Market Context

51,330

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

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

With a Location Quotient of 1.0 for All Occupations, Elizabethtown, KY, demonstrates a job market concentration that is perfectly aligned with the national average. This indicates that the proportion of these jobs within the local economy is neither disproportionately high nor low compared to the rest of the country, suggesting a balanced and competitive employment landscape without significant over- or under-saturation.

Nearby Job Markets

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Elizabethtown, KY?

The median annual salary for a All Occupations in Elizabethtown, KY is $52,980. This typically ranges from $26,580 for entry-level positions to $91,890 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Elizabethtown, KY is 21.1% lower than the national median of $67,140.

Is Elizabethtown, KY a lucrative place for All Occupationss?

No, not exceptionally lucrative compared to national averages.The average salary of $52,980 is significantly lower than the national average of $67,140. However, the cost of living is also at the national average, meaning purchasing power is relatively stable.

Is Elizabethtown, KY a good place to live for All Occupations?

The Cost of Living Index in Elizabethtown, KY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Elizabethtown, KY?

Some top paying nearby cities include Louisville/Jefferson County, KY-IN ($60,330) and Bowling Green, KY.

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

The average annual salary for All Occupations in Elizabethtown, KY is $52,980, which is considerably lower than the national average of $67,140.

What is the significance of Elizabethtown's Cost of Living Index?

An index of 100 means Elizabethtown's cost of living is exactly the same as the national average. This implies that the lower nominal salary may offer comparable purchasing power to higher salaries in more expensive areas.

How concentrated are All Occupations jobs in Elizabethtown?

The Location Quotient of 1.0 indicates that the concentration of All Occupations jobs in Elizabethtown is precisely at the national average, suggesting a balanced job market.

What does the total local workforce size suggest about job availability?

With a total local workforce of 51,330, Elizabethtown has a significant labor pool, and the ratio of 1,000 jobs per 1,000 workers suggests a stable demand for employment across various sectors.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 51,330 employees in the Elizabethtown, KY area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.