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Average All Occupations Salary in Iowa

The average annual salary for All Occupations in Iowa stands at $58,350, which is notably below the national average of $67,140. This disparity is often influenced by a combination of factors unique to the state's economic landscape, including industry concentration, demand for specific skill sets, and the overall economic structure of Iowa.

Executive Summary

  • Average Salary: $58,350 per year.
  • Growth Trend: Salaries have shifted 18.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $97,870.
  • Outlook: With a substantial local workforce of 1,561,660 individuals and a Location Quotient of 1.0, the job market for All Occupations in Iowa mirrors the national average in terms of concentration. This suggests a stable, albeit not rapidly expanding, demand for these roles, indicating a consistent employment environment for professionals across various sectors within the state.
2024 Market Data

Salary Overview

$58,350

The average All Occupations in Iowa earns-13.1%below the national average.

BreakdownBased on 40h/week
Hourly

$28.1

Weekly

$1,122

Monthly

$4,863

All Occupations Salary Distribution in Iowa

Salary progression for All Occupations in Iowa typically scales significantly with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with specialized skills and extensive experience can command salaries well above the average. The widening percentile gaps between junior and senior roles underscore the clear career advancement opportunities and the financial rewards associated with accumulating expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$28,370$13.6
ExperiencedProficient professional working independently.25% (Junior)$43,763$21
Mid-LevelEstablished expert. Standard market value.50% (Median)$47,670$22.9
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$72,938$35.1
Top TierIndustry leader / Executive level compensation.90% (Expert)$97,870$47.1

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$58,350

Gross Pay

Real Wage (Purchasing Power)

$65,050

Adjusted for COL (89.7)

The nominal average annual salary of $58,350 in Iowa presents a favorable financial scenario when considered against the state's Cost of Living Index of 89.7. This index, being below the national average of 100, indicates that everyday expenses such as housing, utilities, and transportation are generally more affordable in Iowa, allowing the average salary to potentially offer a higher purchasing power than it might in higher cost-of-living regions.

Job Market Context

1,561,660

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Iowa 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 Iowa signifies that the concentration of these jobs within the state is precisely in line with the national average. This suggests a balanced job market where the availability of these roles is neither exceptionally high nor unusually low compared to the rest of the country, indicating a competitive yet accessible landscape for professionals.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Iowa

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Iowa?

The median annual salary for a All Occupations in Iowa is $58,350. This typically ranges from $28,370 for entry-level positions to $97,870 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Iowa is 13.1% lower than the national median of $67,140.

Is Iowa a lucrative place for All Occupationss?

No, but cost of living offers value.While the average salary for All Occupations in Iowa is below the national average, the lower cost of living index means that your earnings may stretch further. This makes Iowa a financially sensible choice for many, despite the lower nominal pay.

Is Iowa a good place to live for All Occupations?

With a Cost of Living Index of 89.7 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Iowa?

Some top paying nearby cities include Ames, IA ($60,360) and Des Moines-West Des Moines, IA.

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

The average annual salary for All Occupations in Iowa is $58,350, which is lower than the national average of $67,140.

What is the Cost of Living Index in Iowa?

Iowa's Cost of Living Index is 89.7, meaning it is 10.3% cheaper to live in Iowa compared to the national average (which is indexed at 100).

How many All Occupations jobs are there per 1,000 workers in Iowa?

There are 1,000 jobs per 1,000 workers for All Occupations in Iowa, which is equivalent to the national average.

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

A Location Quotient of 1 indicates that the concentration of All Occupations jobs in Iowa is the same as the national average, suggesting a typical market presence.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,561,660 employees in the Iowa area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.