SalaryNode

Average All Occupations Salary in Houma-Bayou Cane-Thibodaux, LA

In Houma-Bayou Cane-Thibodaux, LA, the average annual salary for All Occupations stands at $54,210. This figure is notably below the national average of $67,140, suggesting that local economic factors, industry concentration, or demand dynamics play a significant role in shaping compensation within this specific metropolitan area.

Executive Summary

  • Average Salary: $54,210 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $95,500.
  • Outlook: With a substantial local workforce of 82,770 individuals and a Location Quotient of 1, Houma-Bayou Cane-Thibodaux demonstrates a job market for All Occupations that is precisely aligned with the national average in terms of concentration. This indicates a stable and established presence of these roles, suggesting a consistent demand that mirrors the broader U.S. employment landscape.
2024 Market Data

Salary Overview

$54,210

The average All Occupations in Houma-Bayou Cane-Thibodaux, LA earns-19.3%below the national average.

BreakdownBased on 40h/week
Hourly

$26.1

Weekly

$1,043

Monthly

$4,518

All Occupations Salary Distribution in Houma-Bayou Cane-Thibodaux, LA

Salary progression for All Occupations in Houma-Bayou Cane-Thibodaux, LA, typically scales with experience. Entry-level positions will likely fall at the lower end of the pay scale, while senior roles commanding higher salaries reflect accumulated expertise and responsibility. The widening gap between entry-level and senior percentile earnings signifies clear opportunities for career advancement and increased earning potential within the local job market.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$21,950$10.6
ExperiencedProficient professional working independently.25% (Junior)$40,658$19.5
Mid-LevelEstablished expert. Standard market value.50% (Median)$44,150$21.2
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$67,763$32.6
Top TierIndustry leader / Executive level compensation.90% (Expert)$95,500$45.9

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$54,210

Gross Pay

Real Wage (Purchasing Power)

$54,210

Adjusted for COL (100)

The nominal average salary of $54,210 in Houma-Bayou Cane-Thibodaux, LA, is directly offset by a Cost of Living Index of 100, which is precisely the national average. This means that while the take-home pay is lower than the national average, the purchasing power of that salary locally is equivalent to the national standard, indicating that the cost of essential goods and services is neither a significant advantage nor disadvantage for residents.

Job Market Context

82,770

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Houma-Bayou Cane-Thibodaux, 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 Houma-Bayou Cane-Thibodaux, LA, signifies that the concentration of these jobs within the local workforce is identical to the national average. This suggests a balanced job market where the availability of All Occupations roles is neither exceptionally high nor unusually low compared to the rest of the country, implying a competitive but stable employment environment.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Houma-Bayou Cane-Thibodaux, LA

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Houma-Bayou Cane-Thibodaux, LA?

The median annual salary for a All Occupations in Houma-Bayou Cane-Thibodaux, LA is $54,210. This typically ranges from $21,950 for entry-level positions to $95,500 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Houma-Bayou Cane-Thibodaux, LA is 19.3% lower than the national median of $67,140.

Is Houma-Bayou Cane-Thibodaux, LA a lucrative place for All Occupationss?

No, not exceptionally lucrative compared to the national average.The average salary of $54,210 is below the national average of $67,140, although the cost of living is on par with the national average, meaning purchasing power is similar.

Is Houma-Bayou Cane-Thibodaux, LA a good place to live for All Occupations?

The Cost of Living Index in Houma-Bayou Cane-Thibodaux, LA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Houma-Bayou Cane-Thibodaux, LA?

Some top paying nearby cities include New Orleans-Metairie, LA ($59,690) and Baton Rouge, LA.

How does the Houma-Bayou Cane-Thibodaux salary compare to the national average?

The average annual salary for All Occupations in Houma-Bayou Cane-Thibodaux, LA is $54,210, which is lower than the national average of $67,140.

What is the cost of living in Houma-Bayou Cane-Thibodaux, LA?

The Cost of Living Index in Houma-Bayou Cane-Thibodaux, LA is 100, which is exactly the national average.

How large is the workforce for All Occupations in Houma-Bayou Cane-Thibodaux, LA?

The total local workforce for All Occupations in Houma-Bayou Cane-Thibodaux, LA is 82,770.

What does a Location Quotient of 1 mean for All Occupations in this area?

A Location Quotient of 1 indicates that the concentration of All Occupations jobs in Houma-Bayou Cane-Thibodaux, LA is the same as the national average, suggesting a standard level of industry presence.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 82,770 employees in the Houma-Bayou Cane-Thibodaux, LA area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.