SalaryNode

Average All Occupations Salary in Lake Havasu City-Kingman, AZ

The average annual salary for All Occupations in Lake Havasu City-Kingman, AZ stands at $53,840. This figure is notably below the national average of $67,140, suggesting that local economic factors and industry demand play a significant role in compensation within this specific region.

Executive Summary

  • Average Salary: $53,840 per year.
  • Growth Trend: Salaries have shifted 24.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $88,750.
  • Outlook: With a substantial local workforce of 55,410 individuals, the Lake Havasu City-Kingman, AZ area demonstrates a significant labor market presence. The jobs per 1,000 workers metric indicates a steady demand for labor, suggesting a robust employment landscape for various occupations within the region.
2024 Market Data

Salary Overview

$53,840

The average All Occupations in Lake Havasu City-Kingman, AZ earns-19.8%below the national average.

BreakdownBased on 40h/week
Hourly

$25.9

Weekly

$1,035

Monthly

$4,487

All Occupations Salary Distribution in Lake Havasu City-Kingman, AZ

Salary progression for All Occupations typically scales with experience. Entry-level positions often fall within the lower percentiles, while senior roles command salaries in the higher percentiles. The widening gap between these percentiles signifies clear opportunities for career advancement and increased earning potential within the Lake Havasu City-Kingman, AZ job market.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$30,420$14.6
ExperiencedProficient professional working independently.25% (Junior)$40,380$19.4
Mid-LevelEstablished expert. Standard market value.50% (Median)$42,320$20.3
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$67,300$32.4
Top TierIndustry leader / Executive level compensation.90% (Expert)$88,750$42.7

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$53,840

Gross Pay

Real Wage (Purchasing Power)

$53,840

Adjusted for COL (100)

The nominal average salary of $53,840 in Lake Havasu City-Kingman, AZ aligns perfectly with the national average Cost of Living Index of 100. This indicates that, on average, the purchasing power of an income in this area is comparable to the national standard, making it neither exceptionally expensive nor unusually affordable from a cost-of-living perspective.

Job Market Context

55,410

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Lake Havasu City-Kingman, AZ 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 Lake Havasu City-Kingman, AZ signifies that the concentration of these jobs in the area is precisely at the national average. This suggests a balanced job market where the availability of these roles is neither disproportionately high nor low compared to the rest of the country.

Nearby Job Markets

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Lake Havasu City-Kingman, AZ?

The median annual salary for a All Occupations in Lake Havasu City-Kingman, AZ is $53,840. This typically ranges from $30,420 for entry-level positions to $88,750 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lake Havasu City-Kingman, AZ is 19.8% lower than the national median of $67,140.

Is Lake Havasu City-Kingman, AZ a lucrative place for All Occupationss?

No, not exceptionally lucrative compared to the national average.The average salary of $53,840 is below the national average of $67,140, although the cost of living is on par with the national average.

Is Lake Havasu City-Kingman, AZ a good place to live for All Occupations?

The Cost of Living Index in Lake Havasu City-Kingman, AZ is 100. While higher than average, this often correlates with higher wages.

How does the local salary compare to the national average?

The average salary for All Occupations in Lake Havasu City-Kingman, AZ is $53,840, which is lower than the national average of $67,140.

What is the cost of living in Lake Havasu City-Kingman, AZ?

The cost of living in Lake Havasu City-Kingman, AZ is at the national average, with a Cost of Living Index of 100.

How large is the workforce in Lake Havasu City-Kingman, AZ?

The total local workforce in Lake Havasu City-Kingman, AZ comprises 55,410 individuals.

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

A Location Quotient of 1 indicates that the concentration of All Occupations jobs in Lake Havasu City-Kingman, AZ is the same as the national average, suggesting a balanced job market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 55,410 employees in the Lake Havasu City-Kingman, AZ area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.