Average All Occupations Salary in Guam
The average annual salary for All Occupations in Guam stands at $44,480, which is notably lower than the national average of $67,140. This disparity can often be attributed to the unique economic factors and market demands specific to island economies like Guam, influencing wage scales.
Executive Summary
- Average Salary: $44,480 per year.
- Growth Trend: Salaries have shifted 18.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $79,960.
- Outlook: With a substantial local workforce of 62,120 individuals and a Location Quotient of 1, the job market for All Occupations in Guam appears to be stable and aligned with national employment concentrations. This suggests a consistent demand for these roles, supporting a robust employment landscape within the territory.
Salary Overview
The average All Occupations in Guam earns-33.8%below the national average.
$21.4
$855
$3,707
All Occupations Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for All Occupations in Guam have experienced gradual growth over the past four years, mirroring general economic trends. This upward movement, though potentially modest, reflects an evolving job market and increasing compensation expectations.
All Occupations Salary Distribution in Guam
Salary progression for All Occupations in Guam typically scales with experience. Entry-level positions may start at the lower end of the spectrum, while senior roles command significantly higher compensation. The widening gap between entry-level and senior salaries signifies clear career advancement opportunities and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $21,140 | $10.2 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $33,360 | $16 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $35,000 | $16.8 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $55,600 | $26.7 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $79,960 | $38.4 |
Detailed All Occupations Market Analysis
Relocation Context
Nominal Salary
$44,480
Gross Pay
Real Wage (Purchasing Power)
$34,215
Adjusted for COL (130)
A nominal salary of $44,480 in Guam must be viewed through the lens of its Cost of Living Index, which is 30% higher than the national average at 130. This means that while the take-home pay might seem lower than the national average, the purchasing power of that salary is further diminished by the elevated cost of goods and services on the island.
Job Market Context
62,120
Total Jobs
1000
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Guam has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.
The Location Quotient of 1 for All Occupations in Guam indicates that the concentration of these jobs is precisely at the national average. This suggests a balanced job market where the availability of these roles is neither exceptionally high nor low compared to the rest of the United States, implying a competitive but stable employment environment.
Nearby Job Markets
Hiring All Occupationss?
Frequently Asked Questions
How much does a All Occupations make in Guam?
The median annual salary for a All Occupations in Guam is $44,480. This typically ranges from $21,140 for entry-level positions to $79,960 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Guam is 33.8% lower than the national median of $67,140.
Is Guam a lucrative place for All Occupationss?
No, not in terms of nominal salary compared to the national average.While Guam has a stable job market for All Occupations, the average salary of $44,480 is significantly below the national average of $67,140. This is further compounded by a higher cost of living on the island.
Is Guam a good place to live for All Occupations?
The Cost of Living Index in Guam is 130. While higher than average, this often correlates with higher wages.
How does Guam's cost of living affect salaries?
Guam's Cost of Living Index of 130 means that everyday expenses are 30% higher than the national average, reducing the real purchasing power of the $44,480 average salary for All Occupations.
What is the job market like for All Occupations in Guam?
The job market is stable, with a Location Quotient of 1 indicating a concentration of All Occupations jobs similar to the national average, supported by a workforce of 62,120.
How much does experience impact salary for All Occupations in Guam?
Experience significantly impacts salary, with entry-level positions offering lower pay and senior roles commanding higher compensation, reflecting a clear career progression path.
Is the average salary for All Occupations in Guam sufficient?
Given the average salary of $44,480 and a cost of living 30% above the national average, the sufficiency of this salary is questionable for maintaining a comparable standard of living to the mainland US.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 62,120 employees in the Guam 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 Guam