Average All Occupations Salary in Gadsden, AL
In Gadsden, AL, the average annual salary for All Occupations stands at $44,340. This figure is notably lower than the national average of $67,140, reflecting regional economic factors and industry concentrations specific to the Gadsden area. Local market dynamics and the cost of doing business significantly influence compensation levels.
Executive Summary
- Average Salary: $44,340 per year.
- Growth Trend: Salaries have shifted 15.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $74,930.
- Outlook: Gadsden, AL supports a substantial workforce of 33,060 individuals across all occupations. The location quotient of 1.0 indicates that the concentration of these jobs is precisely in line with the national average, suggesting a stable and balanced job market. The presence of 1000 jobs per 1,000 workers further reinforces the idea of a consistent demand for labor within the local economy.
Salary Overview
The average All Occupations in Gadsden, AL earns-34.0%below the national average.
$21.3
$853
$3,695
All Occupations Salary Trends (2020-2024)
While specific historical data for Gadsden, AL's All Occupations is not provided, it is reasonable to assume a general trend of salary growth over the past four years, mirroring national economic recovery and inflation. Such growth typically aligns with increases in the cost of living and broader economic expansion, suggesting a gradual upward trajectory for wages in the region.
All Occupations Salary Distribution in Gadsden, AL
Salary progression in Gadsden, AL for All Occupations is typically tied to experience and skill development. Entry-level positions often start at the lower end of the pay scale, while senior roles command higher compensation. The percentile gaps between these levels signify clear career progression pathways, rewarding increased expertise and responsibility within the local job market.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $21,660 | $10.4 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $33,255 | $16 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $35,220 | $16.9 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $55,425 | $26.6 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $74,930 | $36 |
Detailed All Occupations Market Analysis
Relocation Context
Nominal Salary
$44,340
Gross Pay
Real Wage (Purchasing Power)
$44,340
Adjusted for COL (100)
The nominal average salary of $44,340 in Gadsden, AL aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the average salary in Gadsden is equivalent to the national average, offering a stable financial environment for residents.
Job Market Context
33,060
Total Jobs
1000
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Gadsden, AL has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.
With a Location Quotient of 1.0, Gadsden, AL's job market for All Occupations is neither over-concentrated nor under-represented compared to the national landscape. This suggests a competitive yet accessible market where opportunities are present in proportion to the national average, indicating a balanced supply and demand for labor.
Nearby Job Markets
Nearby Cities for All Occupations
| City | Salary | Dist. |
|---|---|---|
| Anniston-Oxford, AL All Occupations Salary | $48,290↑ 9% | 26 mi |
| Rome, GA All Occupations Salary | $52,460↑ 18% | 51 mi |
| Birmingham, AL All Occupations Salary | $58,530↑ 32% | 56 mi |
| Huntsville, AL All Occupations Salary | $69,370↑ 56% | 60 mi |
| Decatur, AL All Occupations Salary | $55,420↑ 25% | 68 mi |
Comparing salaries near Gadsden, AL
Hiring All Occupationss?
Frequently Asked Questions
How much does a All Occupations make in Gadsden, AL?
The median annual salary for a All Occupations in Gadsden, AL is $44,340. This typically ranges from $21,660 for entry-level positions to $74,930 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Gadsden, AL is 34.0% lower than the national median of $67,140.
Is Gadsden, AL a lucrative place for All Occupationss?
No, Gadsden, AL does not offer a lucrative salary for All Occupations compared to the national average.The average salary of $44,340 is significantly lower than the national average of $67,140. However, the cost of living is at the national average, making the real value of the salary comparable to national standards.
Is Gadsden, AL a good place to live for All Occupations?
The Cost of Living Index in Gadsden, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Gadsden, AL?
Some top paying nearby cities include Anniston-Oxford, AL ($48,290) and Rome, GA.
How does Gadsden's average salary compare to the national average?
The average annual salary for All Occupations in Gadsden, AL is $44,340, which is considerably lower than the national average of $67,140.
What is the Cost of Living in Gadsden, AL?
Gadsden, AL has a Cost of Living Index of 100, which is exactly the same as the national average.
How large is the workforce in Gadsden, AL?
The total local workforce for All Occupations in Gadsden, AL comprises 33,060 individuals.
Is the job market concentrated in Gadsden, AL?
No, Gadsden, AL has a Location Quotient of 1.0 for All Occupations, indicating that the concentration of these jobs is in line with the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 33,060 employees in the Gadsden, AL area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for All Occupations • Data source: BLS OEWS 2024 •Jobs in Gadsden, AL