SalaryNode

Average All Occupations Salary in Greensboro-High Point, NC

The average annual salary for All Occupations in Greensboro-High Point, NC stands at $56,360, which is notably below the national average of $67,140. This disparity is often influenced by a combination of local economic factors, industry concentration, and the overall demand for specific skill sets within the region. Understanding these dynamics is key to evaluating career opportunities and compensation expectations in the Greensboro-High Point area.

Executive Summary

  • Average Salary: $56,360 per year.
  • Growth Trend: Salaries have shifted 16.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $96,740.
  • Outlook: Greensboro-High Point boasts a substantial workforce of 358,650 individuals, indicating a significant labor market. With a Location Quotient of 1.0 for All Occupations, the concentration of these roles aligns precisely with the national average. This suggests a stable, albeit not exceptionally concentrated, demand for a broad range of professions within the region, reflecting a balanced job market.
2024 Market Data

Salary Overview

$56,360

The average All Occupations in Greensboro-High Point, NC earns-16.1%below the national average.

BreakdownBased on 40h/week
Hourly

$27.1

Weekly

$1,084

Monthly

$4,697

All Occupations Salary Distribution in Greensboro-High Point, NC

Salary progression for All Occupations in Greensboro-High Point, as elsewhere, is strongly tied to experience. Entry-level positions typically command salaries at the lower percentiles, while seasoned professionals with specialized skills and extensive experience can expect to earn significantly more, reaching the higher percentiles. The widening gap between entry-level and senior roles signifies clear career advancement opportunities and the increasing value placed on expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$27,460$13.2
ExperiencedProficient professional working independently.25% (Junior)$42,270$20.3
Mid-LevelEstablished expert. Standard market value.50% (Median)$44,910$21.6
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$70,450$33.9
Top TierIndustry leader / Executive level compensation.90% (Expert)$96,740$46.5

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$56,360

Gross Pay

Real Wage (Purchasing Power)

$56,360

Adjusted for COL (100)

The nominal average salary of $56,360 in Greensboro-High Point, NC, is directly offset by a Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of the local salary is on par with the national standard. Consequently, individuals relocating to Greensboro-High Point can expect their earnings to cover living expenses at a rate comparable to the rest of the country, without a significant immediate advantage or disadvantage in terms of affordability.

Job Market Context

358,650

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Greensboro-High Point, 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 Greensboro-High Point signifies that the employment concentration for these roles is exactly at the national average. This indicates that the job market for these positions is neither exceptionally specialized nor unusually scarce compared to the rest of the United States. It suggests a competitive yet accessible market where opportunities are present in line with national trends.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Greensboro-High Point, NC

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Greensboro-High Point, NC?

The median annual salary for a All Occupations in Greensboro-High Point, NC is $56,360. This typically ranges from $27,460 for entry-level positions to $96,740 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Greensboro-High Point, NC is 16.1% lower than the national median of $67,140.

Is Greensboro-High Point, NC a lucrative place for All Occupationss?

No, not exceptionally lucrative compared to the national average.While the cost of living is average, the average salary of $56,360 is significantly lower than the national average of $67,140. This indicates that while your money may go as far, your overall earning potential is less than the national benchmark.

Is Greensboro-High Point, NC a good place to live for All Occupations?

The Cost of Living Index in Greensboro-High Point, NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Greensboro-High Point, NC?

Some top paying nearby cities include Burlington, NC ($51,470) and Winston-Salem, NC.

How does the Greensboro-High Point salary compare to the national average?

The average salary for All Occupations in Greensboro-High Point is $56,360, which is $10,780 less than the national average of $67,140.

What is the cost of living in Greensboro-High Point, NC?

The Cost of Living Index for Greensboro-High Point is 100, which is exactly the national average, meaning it is neither more nor less expensive to live there compared to the rest of the US.

How large is the workforce in Greensboro-High Point, NC?

Greensboro-High Point has a total local workforce of 358,650 individuals.

Does the concentration of 'All Occupations' jobs in Greensboro-High Point differ from the national average?

No, the Location Quotient for 'All Occupations' is 1.0, indicating that the concentration of these jobs in Greensboro-High Point is the same as 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 358,650 employees in the Greensboro-High Point, NC area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.