Average All Occupations Salary in Lima, OH
The average annual salary for All Occupations in Lima, OH stands at $56,860, which is below the national average of $67,140. This difference is often influenced by local economic factors, industry concentration, and the overall demand within the specific regional labor market.
Executive Summary
- Average Salary: $56,860 per year.
- Growth Trend: Salaries have shifted 21.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $93,850.
- Outlook: Lima, OH boasts a substantial local workforce of 49,640 individuals, indicating a significant economic base. With a Location Quotient of 1, the concentration of All Occupations jobs aligns precisely with the national average, suggesting a stable and predictable job market without extreme over- or under-representation.
Salary Overview
The average All Occupations in Lima, OH earns-15.3%below the national average.
$27.3
$1,093
$4,738
All Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for All Occupations in regions like Lima, OH have experienced steady growth over the past four years, mirroring broader economic trends and inflation adjustments. This suggests a consistent, albeit potentially moderate, upward trajectory in earning potential for workers in the area.
All Occupations Salary Distribution in Lima, OH
Salary progression in All Occupations typically scales with experience. Entry-level positions often start at the lower percentiles, while senior roles command salaries in the upper percentiles. The widening gap between these percentiles signifies substantial career growth and increased earning potential as professionals gain expertise and take on greater responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $27,440 | $13.2 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $42,645 | $20.5 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $46,430 | $22.3 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $71,075 | $34.2 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $93,850 | $45.1 |
Detailed All Occupations Market Analysis
Relocation Context
Nominal Salary
$56,860
Gross Pay
Real Wage (Purchasing Power)
$56,860
Adjusted for COL (100)
With an average annual salary of $56,860 and a Cost of Living Index of 100 (matching the national average), the nominal income in Lima, OH effectively translates to purchasing power equivalent to the national standard. This means that while the salary is lower than the national average, the cost of goods and services is also at par, offering a balanced financial landscape for residents.
Job Market Context
49,640
Total Jobs
1000
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Lima, OH has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.
A Location Quotient of 1 for All Occupations in Lima, OH indicates that the proportion of these jobs within the local economy is exactly the same as the national average. This suggests a balanced job market where the demand for these roles is neither exceptionally high nor particularly low compared to national trends, implying a steady but not overly competitive environment.
Nearby Job Markets
Nearby Cities for All Occupations
| City | Salary | Dist. |
|---|---|---|
| Springfield, OH All Occupations Salary | $54,420↓ 4% | 58 mi |
| Fort Wayne, IN All Occupations Salary | $57,760↑ 2% | 59 mi |
| Dayton-Kettering-Beavercreek, OH All Occupations Salary | $64,300↑ 13% | 67 mi |
| Toledo, OH All Occupations Salary | $59,590↑ 5% | 69 mi |
| North Northeastern Ohio nonmetropolitan area (noncontiguous) All Occupations Salary | $54,320↓ 4% | 75 mi |
Comparing salaries near Lima, OH
Hiring All Occupationss?
Frequently Asked Questions
How much does a All Occupations make in Lima, OH?
The median annual salary for a All Occupations in Lima, OH is $56,860. This typically ranges from $27,440 for entry-level positions to $93,850 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lima, OH is 15.3% lower than the national median of $67,140.
Is Lima, OH a lucrative place for All Occupationss?
No, Lima, OH is not a particularly lucrative place for All Occupations compared to the national average.The average salary of $56,860 is significantly lower than the national average of $67,140. However, the cost of living is also at the national average, meaning the lower salary may offer comparable purchasing power locally.
Is Lima, OH a good place to live for All Occupations?
The Cost of Living Index in Lima, OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lima, OH?
Some top paying nearby cities include Springfield, OH ($54,420) and Fort Wayne, IN.
How does Lima, OH's average salary compare to the national average?
The average annual salary for All Occupations in Lima, OH is $56,860, which is notably lower than the national average of $67,140.
What is the cost of living in Lima, OH?
Lima, OH has a Cost of Living Index of 100, which is exactly the same as the national average, indicating that the general cost of goods and services is comparable to the rest of the country.
How concentrated are All Occupations jobs in Lima, OH?
The concentration of All Occupations jobs in Lima, OH, measured by the Location Quotient, is 1, which is precisely the national average. This suggests a balanced presence of these roles within the local economy.
What is the total workforce size in Lima, OH?
Lima, OH has a total local workforce of 49,640 individuals, reflecting a substantial labor pool within the region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 49,640 employees in the Lima, OH area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore All Occupations Salaries by State
Top Jobs in Lima, OH
- All Occupations Salary in Lima, OH
- Production Occupations Salary in Lima, OH
- Food Preparation and Serving Related Occupations Salary in Lima, OH
- Transportation and Material Moving Occupations Salary in Lima, OH
- Office and Administrative Support Occupations Salary in Lima, OH
- Healthcare Practitioners and Technical Occupations Salary in Lima, OH
- Sales and Related Occupations Salary in Lima, OH
- Management Occupations Salary in Lima, OH
- Educational Instruction and Library Occupations Salary in Lima, OH
- Healthcare Support Occupations Salary in Lima, OH
- Browse All Jobs in Lima, OH →
Semantic Salary Analysis for All Occupations • Data source: BLS OEWS 2024 •Jobs in Lima, OH