SalaryNode

Average All Occupations Salary in Lincoln, NE

In Lincoln, NE, the average annual salary for All Occupations stands at $60,980, which is below the national average of $67,140. This disparity is often influenced by local economic factors, industry concentration, and the overall demand within the regional job market. Understanding these local dynamics is crucial for assessing earning potential in the area.

Executive Summary

  • Average Salary: $60,980 per year.
  • Growth Trend: Salaries have shifted 21.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $101,670.
  • Outlook: Lincoln, NE boasts a substantial workforce of 180,880 individuals, indicating a significant labor pool. With 1,000 jobs per 1,000 workers and a Location Quotient of 1, the job market appears stable and aligned with national employment patterns, suggesting consistent demand for various occupations within the city.
2024 Market Data

Salary Overview

$60,980

The average All Occupations in Lincoln, NE earns-9.2%below the national average.

BreakdownBased on 40h/week
Hourly

$29.3

Weekly

$1,173

Monthly

$5,082

All Occupations Salary Distribution in Lincoln, NE

Salary progression in Lincoln, NE, like elsewhere, is strongly tied to experience. Entry-level positions typically fall within the lower percentiles of the $60,980 average, while senior or specialized roles command salaries in the higher percentiles. The increasing salary gap between junior and senior professionals signifies clear career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$29,120$14
ExperiencedProficient professional working independently.25% (Junior)$45,735$22
Mid-LevelEstablished expert. Standard market value.50% (Median)$48,860$23.5
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$76,225$36.6
Top TierIndustry leader / Executive level compensation.90% (Expert)$101,670$48.9

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$60,980

Gross Pay

Real Wage (Purchasing Power)

$60,980

Adjusted for COL (100)

The average annual salary of $60,980 in Lincoln, NE aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is comparable to the national standard, suggesting that the cost of goods and services is neither significantly higher nor lower than the typical American city.

Job Market Context

180,880

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Lincoln, NE 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 Lincoln, NE indicates 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 exceptionally high nor low compared to the rest of the country, implying a moderately competitive environment.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Lincoln, NE

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Lincoln, NE?

The median annual salary for a All Occupations in Lincoln, NE is $60,980. This typically ranges from $29,120 for entry-level positions to $101,670 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lincoln, NE is 9.2% lower than the national median of $67,140.

Is Lincoln, NE a lucrative place for All Occupationss?

No, not exceptionally lucrative compared to the national average.The average salary of $60,980 is below the national average of $67,140. However, the cost of living is also at the national average, meaning purchasing power is similar.

Is Lincoln, NE a good place to live for All Occupations?

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

Where are the highest paying cities near Lincoln, NE?

Some top paying nearby cities include Omaha, NE-IA ($62,900) and South Nebraska nonmetropolitan area.

How does Lincoln, NE's average salary compare to the national average?

The average annual salary for All Occupations in Lincoln, NE is $60,980, which is lower than the national average of $67,140.

What is the cost of living in Lincoln, NE?

Lincoln, NE has a Cost of Living Index of 100, which is exactly the national average, indicating that the general cost of goods and services is comparable to the rest of the United States.

How large is the workforce in Lincoln, NE?

Lincoln, NE has a total local workforce of 180,880 individuals, representing a significant labor market.

Is there high demand for All Occupations in Lincoln, NE?

With 1,000 jobs per 1,000 workers and a Location Quotient of 1, the demand for All Occupations in Lincoln, NE appears to be in line with the national average, suggesting a stable 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 180,880 employees in the Lincoln, NE area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.