SalaryNode

Average All Occupations Salary in Hammond, LA

The average annual salary for All Occupations in Hammond, LA, stands at $47,120. This figure is notably lower than the national average of $67,140, reflecting localized economic factors and industry demands specific to the region. The pay scale in Hammond is influenced by the overall economic landscape and the concentration of specific industries within the state.

Executive Summary

  • Average Salary: $47,120 per year.
  • Growth Trend: Salaries have shifted 13.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $80,660.
  • Outlook: With a substantial local workforce of 47,380 individuals and a Location Quotient of 1, Hammond's job market for All Occupations is stable and mirrors national employment patterns. The presence of 1000 jobs per 1,000 workers indicates a consistent demand that aligns with the broader U.S. employment trends, suggesting a steady job environment for this broad occupational category.
2024 Market Data

Salary Overview

$47,120

The average All Occupations in Hammond, LA earns-29.8%below the national average.

BreakdownBased on 40h/week
Hourly

$22.7

Weekly

$906

Monthly

$3,927

All Occupations Salary Distribution in Hammond, LA

Salary progression for All Occupations in Hammond, LA, typically scales with experience. Entry-level positions will likely fall at the lower end of the pay scale, while senior or highly specialized roles command higher compensation. The percentile gaps between these levels signify clear career progression pathways and the increasing value of accumulated skills and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$21,020$10.1
ExperiencedProficient professional working independently.25% (Junior)$35,340$17
Mid-LevelEstablished expert. Standard market value.50% (Median)$36,960$17.8
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$58,900$28.3
Top TierIndustry leader / Executive level compensation.90% (Expert)$80,660$38.8

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$47,120

Gross Pay

Real Wage (Purchasing Power)

$47,120

Adjusted for COL (100)

The nominal average annual salary of $47,120 in Hammond, LA, is balanced by a Cost of Living Index of 100, which is precisely the national average. This means that while the salary is below the national average, the purchasing power of that income is equivalent to the national standard, suggesting that the cost of essential goods and services is comparable.

Job Market Context

47,380

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Hammond, LA has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.

A Location Quotient of 1 for All Occupations in Hammond, LA, indicates that the concentration of these jobs in the local area is exactly in line with the national average. This suggests a balanced job market where demand and supply for these roles are neither significantly higher nor lower than the rest of the country, implying a competitive but not oversaturated environment.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Hammond, LA

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Hammond, LA?

The median annual salary for a All Occupations in Hammond, LA is $47,120. This typically ranges from $21,020 for entry-level positions to $80,660 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Hammond, LA is 29.8% lower than the national median of $67,140.

Is Hammond, LA a lucrative place for All Occupationss?

No, Hammond, LA is not a particularly lucrative place for All Occupationss compared to the national average.The average salary of $47,120 is significantly lower than the national average of $67,140. However, the cost of living is also at the national average, meaning purchasing power is maintained.

Is Hammond, LA a good place to live for All Occupations?

The Cost of Living Index in Hammond, LA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Hammond, LA?

Some top paying nearby cities include Baton Rouge, LA ($59,790) and Slidell-Mandeville-Covington, LA.

How does Hammond's average salary compare to the national average?

The average annual salary for All Occupations in Hammond, LA, is $47,120, which is considerably lower than the national average of $67,140.

What is the cost of living in Hammond, LA?

Hammond, LA has a Cost of Living Index of 100, which is exactly the same as the national average, indicating average living expenses.

How large is the workforce for All Occupations in Hammond, LA?

The total local workforce for All Occupations in Hammond, LA, comprises 47,380 individuals.

Is the job market for All Occupations concentrated in Hammond, LA?

The Location Quotient for All Occupations in Hammond, LA, is 1, meaning the concentration of these jobs is exactly at 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 47,380 employees in the Hammond, LA area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.