Average All Occupations Salary in Grand Forks, ND-MN
In Grand Forks, ND-MN, the average annual salary for All Occupations stands at $59,950. 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 compensation levels are intrinsically tied to the unique economic landscape and industry concentration present in the Grand Forks area.
Executive Summary
- Average Salary: $59,950 per year.
- Growth Trend: Salaries have shifted 21.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $97,380.
- Outlook: Grand Forks, ND-MN supports a substantial workforce of 51,240 individuals across all occupations. With a Location Quotient of 1.0, the concentration of these jobs aligns precisely with the national average, indicating a stable and balanced job market. The presence of 1,000 jobs per 1,000 workers suggests a consistent demand that matches the overall labor supply, pointing towards a robust employment environment for a wide range of professions.
Salary Overview
The average All Occupations in Grand Forks, ND-MN earns-10.7%below the national average.
$28.8
$1,153
$4,996
All Occupations Salary Trends (2020-2024)
While specific historical data for Grand Forks, ND-MN is not provided, it is generally assumed that salaries for all occupations have experienced a steady upward trend over the past four years, mirroring national economic growth. This growth is typically driven by inflation, increased demand for skilled labor, and evolving industry standards, suggesting that compensation in Grand Forks has likely seen incremental improvements.
All Occupations Salary Distribution in Grand Forks, ND-MN
Salary progression in Grand Forks, ND-MN, like elsewhere, is significantly influenced by experience and skill level. Entry-level positions typically command lower salaries, while senior roles requiring extensive expertise and proven track records earn considerably more. The percentile gaps in salary distribution highlight clear career progression pathways, offering substantial earning potential for those who advance their careers within their respective fields.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $29,140 | $14 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $44,963 | $21.6 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $48,280 | $23.2 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $74,938 | $36 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $97,380 | $46.8 |
Detailed All Occupations Market Analysis
Relocation Context
Nominal Salary
$59,950
Gross Pay
Real Wage (Purchasing Power)
$59,950
Adjusted for COL (100)
The nominal average salary of $59,950 in Grand Forks, ND-MN, when considered against a Cost of Living Index of 100, suggests that purchasing power is on par with the national average. This means that the local salary can afford a lifestyle comparable to the typical American, without the added financial strain often associated with higher cost-of-living areas.
Job Market Context
51,240
Total Jobs
1000
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Grand Forks, ND-MN has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.
With a Location Quotient of 1.0, the job market for All Occupations in Grand Forks, ND-MN is neither over-concentrated nor under-represented compared to the national landscape. This equilibrium suggests a competitive yet accessible market, where opportunities are available in line with the general availability of such roles across the country. It indicates a healthy balance between job seekers and available positions.
Nearby Job Markets
Nearby Cities for All Occupations
| City | Salary | Dist. |
|---|---|---|
| Fargo, ND-MN All Occupations Salary | $62,180↑ 4% | 74 mi |
Comparing salaries near Grand Forks, ND-MN
Hiring All Occupationss?
Frequently Asked Questions
How much does a All Occupations make in Grand Forks, ND-MN?
The median annual salary for a All Occupations in Grand Forks, ND-MN is $59,950. This typically ranges from $29,140 for entry-level positions to $97,380 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Grand Forks, ND-MN is 10.7% lower than the national median of $67,140.
Is Grand Forks, ND-MN a lucrative place for All Occupationss?
No, not exceptionally lucrative compared to national averages.While the cost of living is average, the average salary for All Occupations is below the national benchmark. This suggests that while your money may go as far, the overall earning potential is somewhat limited compared to other regions.
Is Grand Forks, ND-MN a good place to live for All Occupations?
The Cost of Living Index in Grand Forks, ND-MN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Grand Forks, ND-MN?
Some top paying nearby cities include Fargo, ND-MN ($62,180) and others.
How does Grand Forks' cost of living compare to the national average?
Grand Forks, ND-MN has a Cost of Living Index of 100, which is exactly the national average. This indicates that the general cost of goods and services, including housing, utilities, and transportation, is comparable to the rest of the United States.
What is the significance of the Location Quotient in Grand Forks?
A Location Quotient of 1.0 for All Occupations in Grand Forks, ND-MN signifies that the concentration of these jobs in the area is precisely the same as the national average. This suggests a balanced labor market without significant over- or under-representation of these roles.
How many jobs are available per 1,000 workers in Grand Forks?
There are 1,000 jobs available per 1,000 workers in Grand Forks, ND-MN. This ratio indicates a stable employment environment where the number of available positions closely matches the size of the local workforce.
Does Grand Forks offer significant career growth for All Occupations?
While the data doesn't specify growth trends for 'All Occupations' as a single category, the presence of a stable job market and a cost of living aligned with the national average provides a solid foundation for career progression. Experience and skill development will be key drivers for salary increases within specific roles.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 51,240 employees in the Grand Forks, ND-MN 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 Grand Forks, ND-MN