SalaryNode

Average All Occupations Salary in Grand Island, NE

In Grand Island, NE, the average annual salary for All Occupations stands at $55,670. This figure is notably below the national average of $67,140, indicating that local economic factors and industry demands in Grand Island influence compensation levels. The specific economic landscape and industry concentration within Grand Island contribute to this pay differential compared to national benchmarks.

Executive Summary

  • Average Salary: $55,670 per year.
  • Growth Trend: Salaries have shifted 21.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $84,400.
  • Outlook: Grand Island's labor market for All Occupations is substantial, with a total workforce of 39,520 individuals. The Location Quotient of 1.0 suggests that the concentration of these roles in Grand Island is on par with the national average, implying a stable and consistent demand for these positions within the local economy. This indicates a well-established presence of these occupations, supporting a robust job market.
2024 Market Data

Salary Overview

$55,670

The average All Occupations in Grand Island, NE earns-17.1%below the national average.

BreakdownBased on 40h/week
Hourly

$26.8

Weekly

$1,071

Monthly

$4,639

All Occupations Salary Distribution in Grand Island, NE

Salary progression in Grand Island for All Occupations is significantly influenced by experience and skill level. Entry-level positions typically command salaries at the lower end of the spectrum, while senior and highly specialized roles can earn considerably more. The widening gap between the 25th percentile (entry-level) and the 75th percentile (experienced) salaries clearly signifies substantial career advancement opportunities and the associated financial rewards for professional growth within the Grand Island workforce.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$29,070$14
ExperiencedProficient professional working independently.25% (Junior)$41,753$20.1
Mid-LevelEstablished expert. Standard market value.50% (Median)$48,660$23.4
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$69,588$33.5
Top TierIndustry leader / Executive level compensation.90% (Expert)$84,400$40.6

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$55,670

Gross Pay

Real Wage (Purchasing Power)

$55,670

Adjusted for COL (100)

The nominal average salary of $55,670 in Grand Island, NE, 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 Grand Island is equivalent to the national average. Consequently, residents can expect their earnings to cover essential expenses and discretionary spending at a rate comparable to the rest of the country.

Job Market Context

39,520

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Grand Island, NE 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 Island, NE, is neither significantly more nor less concentrated than the national average. This suggests a balanced market where the availability of jobs closely mirrors the national distribution. While this indicates a stable employment environment, it also implies that the market is not exceptionally competitive or saturated, offering a steady landscape for job seekers and employers alike.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Grand Island, NE

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Grand Island, NE?

The median annual salary for a All Occupations in Grand Island, NE is $55,670. This typically ranges from $29,070 for entry-level positions to $84,400 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Grand Island, NE is 17.1% lower than the national median of $67,140.

Is Grand Island, NE a lucrative place for All Occupationss?

No, but it offers average purchasing power.The average salary of $55,670 is below the national average, suggesting it's not a high-paying location. However, with a Cost of Living Index of 100, your earnings will have average purchasing power compared to the rest of the US.

Is Grand Island, NE a good place to live for All Occupations?

The Cost of Living Index in Grand Island, NE is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Grand Island, NE?

Some top paying nearby cities include South Nebraska nonmetropolitan area ($53,260) and Northeast Nebraska nonmetropolitan area.

How does Grand Island's average salary compare to the national average?

The average annual salary for All Occupations in Grand Island, NE is $55,670, which is lower than the national average of $67,140.

What is the Cost of Living in Grand Island, NE?

Grand Island, NE has a Cost of Living Index of 100, which is exactly the national average, indicating that the general cost of goods and services is comparable to the rest of the United States.

How many people work in All Occupations in Grand Island, NE?

There are 39,520 individuals employed in All Occupations in Grand Island, NE, representing a significant portion of the local workforce.

Is the job market for All Occupations in Grand Island, NE concentrated?

The job market for All Occupations in Grand Island, NE has a Location Quotient of 1.0, meaning its concentration is the same as the national average, indicating a balanced market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 39,520 employees in the Grand Island, NE area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.