SalaryNode

Average All Occupations Salary in Knoxville, TN

The average annual salary for All Occupations in Knoxville, TN stands at $57,580, which is below the national average of $67,140. This difference is often dictated by regional economic factors, industry concentration, and the overall demand for labor within the specific metropolitan area.

Executive Summary

  • Average Salary: $57,580 per year.
  • Growth Trend: Salaries have shifted 20.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $98,890.
  • Outlook: Knoxville, TN boasts a substantial total local workforce of 418,120 individuals. With a Location Quotient of 1.0, the concentration of All Occupations in Knoxville is precisely at the national average, indicating a stable and well-established presence within the local job market.
2024 Market Data

Salary Overview

$57,580

The average All Occupations in Knoxville, TN earns-14.2%below the national average.

BreakdownBased on 40h/week
Hourly

$27.7

Weekly

$1,107

Monthly

$4,798

All Occupations Salary Distribution in Knoxville, TN

Salary progression for All Occupations in Knoxville, TN, like elsewhere, is strongly tied to experience. Entry-level positions typically fall in the lower percentiles, while senior or highly specialized roles command salaries in the upper percentiles. The widening gap between these percentiles signifies robust career advancement opportunities and the increasing value placed on expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$27,170$13.1
ExperiencedProficient professional working independently.25% (Junior)$43,185$20.8
Mid-LevelEstablished expert. Standard market value.50% (Median)$45,460$21.9
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$71,975$34.6
Top TierIndustry leader / Executive level compensation.90% (Expert)$98,890$47.5

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$57,580

Gross Pay

Real Wage (Purchasing Power)

$57,580

Adjusted for COL (100)

With an average annual salary of $57,580 and a Cost of Living Index of 100 (which matches the national average), the nominal income in Knoxville, TN effectively translates to purchasing power equivalent to the national standard. This means that while the salary is below the national average, the cost of living does not disproportionately diminish its value.

Job Market Context

418,120

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Knoxville, TN 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 Knoxville, TN signifies that the industry's presence and employment levels are perfectly aligned with the national average. This suggests a balanced job market where demand and supply are in equilibrium, neither indicating an oversupply nor a significant shortage of workers in this occupational category.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Knoxville, TN

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Knoxville, TN?

The median annual salary for a All Occupations in Knoxville, TN is $57,580. This typically ranges from $27,170 for entry-level positions to $98,890 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Knoxville, TN is 14.2% lower than the national median of $67,140.

Is Knoxville, TN a lucrative place for All Occupationss?

No, not exceptionally lucrative compared to the national average.The average salary of $57,580 is below the national average of $67,140, although the cost of living is on par with the national average.

Is Knoxville, TN a good place to live for All Occupations?

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

Where are the highest paying cities near Knoxville, TN?

Some top paying nearby cities include Morristown, TN ($48,880) and Cleveland, TN.

How does Knoxville's salary for All Occupations compare to the national average?

The average annual salary for All Occupations in Knoxville, TN is $57,580, which is approximately $9,560 less than the national average of $67,140.

What is the significance of the Location Quotient in Knoxville?

A Location Quotient of 1.0 means that the concentration of All Occupations jobs in Knoxville is exactly the same as the national average, indicating a standard level of industry presence.

How does the Cost of Living in Knoxville affect the salary?

Knoxville's Cost of Living Index is 100, matching the national average. This means that the $57,580 salary has a purchasing power equivalent to the national average, despite being lower than the national salary figure.

What does the total local workforce size suggest about job opportunities?

With a total local workforce of 418,120, Knoxville has a significant labor pool, suggesting a robust economy that supports a wide range of occupations.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 418,120 employees in the Knoxville, TN area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.