SalaryNode

Average All Occupations Salary in Las Vegas-Henderson-North Las Vegas, NV

In the vibrant Las Vegas-Henderson-North Las Vegas metropolitan area, the average annual salary for all occupations stands at $59,120. This figure is notably below the national average of $67,140, suggesting that local economic factors and industry demands may influence compensation levels. The specific dynamics of the Las Vegas job market, including its unique economic drivers and workforce composition, play a crucial role in shaping these salary benchmarks.

Executive Summary

  • Average Salary: $59,120 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $102,480.
  • Outlook: The Las Vegas-Henderson-North Las Vegas region boasts a substantial total local workforce of 1,119,360 individuals, indicating a large and active labor market. With a Location Quotient of 1.0 for all occupations, the concentration of these jobs mirrors the national average. This suggests a stable, albeit not exceptionally concentrated, demand for a broad range of professions within the area, reflecting a balanced job market.
2024 Market Data

Salary Overview

$59,120

The average All Occupations in Las Vegas-Henderson-North Las Vegas, NV earns-11.9%below the national average.

BreakdownBased on 40h/week
Hourly

$28.4

Weekly

$1,137

Monthly

$4,927

All Occupations Salary Distribution in Las Vegas-Henderson-North Las Vegas, NV

Salary progression in the Las Vegas-Henderson-North Las Vegas area, as in most markets, is significantly influenced by experience and skill level. Entry-level positions typically command lower salaries, while senior roles and specialized professions see substantial increases. The percentile gaps in earnings, from the lowest to the highest earners, signify clear career progression pathways and the increasing value placed on expertise and tenure within the local workforce.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$27,080$13
ExperiencedProficient professional working independently.25% (Junior)$44,340$21.3
Mid-LevelEstablished expert. Standard market value.50% (Median)$45,120$21.7
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$73,900$35.5
Top TierIndustry leader / Executive level compensation.90% (Expert)$102,480$49.3

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$59,120

Gross Pay

Real Wage (Purchasing Power)

$59,120

Adjusted for COL (100)

The nominal average annual salary of $59,120 in Las Vegas-Henderson-North Las Vegas aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a salary in this region is equivalent to the national average. While the salary is lower than the national average, the cost of living being at par suggests that the real value of earnings is comparable to the national standard.

Job Market Context

1,119,360

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Las Vegas-Henderson-North Las Vegas, NV has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.

With a Location Quotient of 1.0 for All Occupations, the Las Vegas-Henderson-North Las Vegas job market demonstrates a concentration of employment that is precisely in line with the national average. This indicates that the region is neither over- nor under-represented in terms of these jobs compared to the rest of the country. The job market is therefore considered balanced, with a steady demand for a diverse range of professions.

Nearby Job Markets

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Las Vegas-Henderson-North Las Vegas, NV?

The median annual salary for a All Occupations in Las Vegas-Henderson-North Las Vegas, NV is $59,120. This typically ranges from $27,080 for entry-level positions to $102,480 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Las Vegas-Henderson-North Las Vegas, NV is 11.9% lower than the national median of $67,140.

Is Las Vegas-Henderson-North Las Vegas, NV a lucrative place for All Occupationss?

No, not exceptionally lucrative compared to the national average.The average salary of $59,120 is below the national average of $67,140, although the cost of living is on par with the national average.

Is Las Vegas-Henderson-North Las Vegas, NV a good place to live for All Occupations?

The Cost of Living Index in Las Vegas-Henderson-North Las Vegas, NV is 100. While higher than average, this often correlates with higher wages.

How does the Las Vegas salary compare to the national average?

The average annual salary in Las Vegas-Henderson-North Las Vegas is $59,120, which is lower than the national average of $67,140.

What is the cost of living in Las Vegas-Henderson-North Las Vegas?

The cost of living in Las Vegas-Henderson-North Las Vegas is exactly at the national average, with an index of 100.

How large is the workforce in Las Vegas-Henderson-North Las Vegas?

The total local workforce in Las Vegas-Henderson-North Las Vegas comprises 1,119,360 individuals.

Is there a high concentration of 'All Occupations' jobs in Las Vegas?

The concentration of 'All Occupations' jobs in Las Vegas, indicated by a Location Quotient of 1.0, is exactly at the national average, suggesting a balanced market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,119,360 employees in the Las Vegas-Henderson-North Las Vegas, NV area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.