Average All Occupations Salary in Lower West Mississippi nonmetropolitan area
The average annual salary for All Occupations in the Lower West Mississippi nonmetropolitan area stands at $47,950. This figure is notably below the national average of $67,140, reflecting the economic landscape and specific industry demands prevalent in this region. Localized economic factors and industry concentration significantly influence compensation levels.
Executive Summary
- Average Salary: $47,950 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $85,170.
- Outlook: With a substantial local workforce of 80,310 individuals, the Lower West Mississippi nonmetropolitan area demonstrates a significant labor market presence. The Location Quotient of 1.0 indicates that the concentration of All Occupations jobs in this area is precisely at the national average, suggesting a stable and balanced demand for these roles relative to the overall U.S. employment landscape.
Salary Overview
The average All Occupations in Lower West Mississippi nonmetropolitan area earns-28.6%below the national average.
$23.1
$922
$3,996
All Occupations Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume that salaries for All Occupations have experienced gradual growth over the past four years, mirroring broader economic trends. This typical upward trajectory in compensation is often driven by inflation, increased demand for skilled labor, and evolving industry standards.
All Occupations Salary Distribution in Lower West Mississippi nonmetropolitan area
Within the All Occupations field in Lower West Mississippi, salary progression is typically tied to experience and specialization. Entry-level positions generally command lower salaries, while senior roles requiring extensive expertise and leadership responsibilities can see significant increases. The widening gap between entry-level and senior salaries often signifies robust career advancement opportunities and the value placed on seasoned professionals.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $21,390 | $10.3 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $35,963 | $17.3 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $37,260 | $17.9 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $59,938 | $28.8 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $85,170 | $40.9 |
Detailed All Occupations Market Analysis
Relocation Context
Nominal Salary
$47,950
Gross Pay
Real Wage (Purchasing Power)
$47,950
Adjusted for COL (100)
The nominal average annual salary of $47,950 in the Lower West Mississippi nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that while the take-home pay is lower than the national average, the purchasing power of this salary is equivalent to the national average, making the cost of living a neutral factor in assessing the real value of this income.
Job Market Context
80,310
Total Jobs
1000
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Lower West Mississippi nonmetropolitan area 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 the Lower West Mississippi nonmetropolitan area signifies that the concentration of these jobs is exactly in line with the national average. This suggests a market that is neither over-saturated nor experiencing a significant shortage of workers in these roles, indicating a steady and predictable employment environment for All Occupations.
Nearby Job Markets
Nearby Cities for All Occupations
| City | Salary | Dist. |
|---|---|---|
| Jackson, MS All Occupations Salary | $53,790↑ 12% | 43 mi |
Comparing salaries near Lower West Mississippi nonmetropolitan area
Hiring All Occupationss?
Frequently Asked Questions
How much does a All Occupations make in Lower West Mississippi nonmetropolitan area?
The median annual salary for a All Occupations in Lower West Mississippi nonmetropolitan area is $47,950. This typically ranges from $21,390 for entry-level positions to $85,170 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lower West Mississippi nonmetropolitan area is 28.6% lower than the national median of $67,140.
Is Lower West Mississippi nonmetropolitan area a lucrative place for All Occupationss?
No, it is not considered lucrative compared to the national average.The average salary of $47,950 is significantly lower than the national average of $67,140. However, the cost of living is also at the national average, meaning the purchasing power is equivalent.
Is Lower West Mississippi nonmetropolitan area a good place to live for All Occupations?
The Cost of Living Index in Lower West Mississippi nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lower West Mississippi nonmetropolitan area?
Some top paying nearby cities include Jackson, MS ($53,790) and others.
What is the total number of All Occupations jobs in Lower West Mississippi?
The Lower West Mississippi nonmetropolitan area employs approximately 80,310 individuals across all occupations, representing a substantial portion of the local workforce.
How does the job concentration in Lower West Mississippi compare to the national average?
The Location Quotient of 1.0 indicates that the concentration of All Occupations jobs in Lower West Mississippi is exactly the same as the national average, suggesting a balanced job market.
What is the purchasing power of the average salary in Lower West Mississippi?
With a Cost of Living Index of 100, the average salary of $47,950 in Lower West Mississippi offers purchasing power equivalent to the national average.
Are there significant differences in salary based on experience for All Occupations in this region?
Yes, as with most fields, experience plays a crucial role in salary determination. Entry-level positions will offer lower compensation, while senior roles demanding greater expertise and responsibility will command higher salaries, reflecting a typical career progression.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 80,310 employees in the Lower West Mississippi nonmetropolitan area area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for All Occupations • Data source: BLS OEWS 2024 •Jobs in Lower West Mississippi nonmetropolitan area