Average All Occupations Salary in Janesville-Beloit, WI
In Janesville-Beloit, WI, the average annual salary for All Occupations stands at $60,360. This figure is notably below the national average of $67,140, suggesting that local economic factors and industry demands play a significant role in compensation within this specific metropolitan area. The cost of living index being at the national average (100) further contextualizes this salary, indicating that while nominal pay is lower, purchasing power may be relatively stable.
Executive Summary
- Average Salary: $60,360 per year.
- Growth Trend: Salaries have shifted 21.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $98,150.
- Outlook: With a substantial local workforce of 69,210 individuals and a Location Quotient of 1.0 for All Occupations, the Janesville-Beloit, WI job market reflects a national average concentration of these roles. This indicates a stable, albeit not exceptionally high, demand for a broad range of professions, suggesting a balanced job market where opportunities are present but competition may align with national trends.
Salary Overview
The average All Occupations in Janesville-Beloit, WI earns-10.1%below the national average.
$29
$1,161
$5,030
All Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for All Occupations in Janesville-Beloit, WI have experienced gradual growth over the past four years, mirroring general economic trends and inflation. This typical upward trajectory in compensation would likely reflect an evolving job market and a sustained effort to keep wages competitive within the region.
All Occupations Salary Distribution in Janesville-Beloit, WI
Salary progression in Janesville-Beloit, WI for All Occupations is typically tied to experience and skill development. Entry-level positions will naturally command lower salaries, while seasoned professionals with specialized expertise can expect significantly higher earnings. The widening gap between entry-level and senior-level salaries serves as a clear indicator of career advancement opportunities and the value placed on accumulated experience within the local workforce.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $28,700 | $13.8 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $45,270 | $21.8 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $47,410 | $22.8 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $75,450 | $36.3 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $98,150 | $47.2 |
Detailed All Occupations Market Analysis
Relocation Context
Nominal Salary
$60,360
Gross Pay
Real Wage (Purchasing Power)
$60,360
Adjusted for COL (100)
The average annual salary of $60,360 in Janesville-Beloit, WI aligns precisely with the national average cost of living index of 100. This means that the nominal income earned locally offers a purchasing power that is comparable to the national average. While the salary is lower than the national average, the equivalent cost of living suggests that residents are not experiencing a significant deficit in their real income compared to the rest of the country.
Job Market Context
69,210
Total Jobs
1000
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Janesville-Beloit, WI 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 Janesville-Beloit, WI signifies that the concentration of these jobs within the local workforce is exactly in line with the national average. This suggests a job market that is neither over-saturated nor significantly lacking in these types of positions. The employment landscape is therefore considered average in terms of job availability relative to the size of the workforce.
Nearby Job Markets
Nearby Cities for All Occupations
| City | Salary | Dist. |
|---|---|---|
| Rockford, IL All Occupations Salary | $59,130↓ 2% | 30 mi |
| Madison, WI All Occupations Salary | $67,700↑ 12% | 33 mi |
| Kenosha, WI All Occupations Salary | $58,130↓ 4% | 58 mi |
| Milwaukee-Waukesha, WI All Occupations Salary | $64,850↑ 7% | 59 mi |
| Racine-Mount Pleasant, WI All Occupations Salary | $57,810↓ 4% | 61 mi |
Comparing salaries near Janesville-Beloit, WI
Hiring All Occupationss?
Frequently Asked Questions
How much does a All Occupations make in Janesville-Beloit, WI?
The median annual salary for a All Occupations in Janesville-Beloit, WI is $60,360. This typically ranges from $28,700 for entry-level positions to $98,150 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Janesville-Beloit, WI is 10.1% lower than the national median of $67,140.
Is Janesville-Beloit, WI a lucrative place for All Occupationss?
No, not exceptionally lucrative compared to the national average.The average salary of $60,360 is below the national average of $67,140, although the cost of living is on par with the national average.
Is Janesville-Beloit, WI a good place to live for All Occupations?
The Cost of Living Index in Janesville-Beloit, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Janesville-Beloit, WI?
Some top paying nearby cities include Rockford, IL ($59,130) and Madison, WI.
How does the Janesville-Beloit, WI salary compare to the national average?
The average annual salary for All Occupations in Janesville-Beloit, WI is $60,360, which is lower than the national average of $67,140.
What is the cost of living in Janesville-Beloit, WI?
The cost of living index in Janesville-Beloit, WI is 100, which is exactly the national average.
How concentrated are 'All Occupations' jobs in Janesville-Beloit, WI?
The Location Quotient for 'All Occupations' in Janesville-Beloit, WI is 1.0, indicating that the concentration of these jobs is the same as the national average.
What is the total workforce size in Janesville-Beloit, WI?
The total local workforce in Janesville-Beloit, WI comprises 69,210 individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 69,210 employees in the Janesville-Beloit, WI 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 Janesville-Beloit, WI