SalaryNode

Average All Occupations Salary in Lubbock, TX

The average annual salary for All Occupations in Lubbock, TX stands at $51,770, which is notably below the national average of $67,140. This disparity can often be attributed to regional economic factors, industry concentration, and the overall demand for labor within the specific geographic market of Lubbock.

Executive Summary

  • Average Salary: $51,770 per year.
  • Growth Trend: Salaries have shifted 16.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $91,270.
  • Outlook: Lubbock, TX boasts a substantial local workforce of 165,480 individuals, with All Occupations representing a significant portion. The Location Quotient of 1 indicates that the concentration of these roles in Lubbock is precisely in line with the national average, suggesting a stable and consistent demand for this broad category of employment within the region.
2024 Market Data

Salary Overview

$51,770

The average All Occupations in Lubbock, TX earns-22.9%below the national average.

BreakdownBased on 40h/week
Hourly

$24.9

Weekly

$996

Monthly

$4,314

All Occupations Salary Distribution in Lubbock, TX

Salary progression for All Occupations in Lubbock, TX typically scales significantly with experience. Entry-level positions might hover around the lower percentiles, while senior or highly specialized roles can command salaries well into the upper percentiles. The gap between these salary ranges signifies clear career advancement opportunities and increased earning potential as professionals gain expertise and tenure.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$22,710$10.9
ExperiencedProficient professional working independently.25% (Junior)$38,828$18.7
Mid-LevelEstablished expert. Standard market value.50% (Median)$39,560$19
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$64,713$31.1
Top TierIndustry leader / Executive level compensation.90% (Expert)$91,270$43.9

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$51,770

Gross Pay

Real Wage (Purchasing Power)

$51,770

Adjusted for COL (100)

With an average annual salary of $51,770 and a Cost of Living Index of 100 (which is the national average), the nominal income in Lubbock, TX offers purchasing power that aligns directly with the national standard. This means that while the salary is lower than the national average, the cost of essential goods and services is also at the national average, providing a balanced economic environment for residents.

Job Market Context

165,480

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Lubbock, TX has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.

The Location Quotient of 1 for All Occupations in Lubbock, TX signifies that the presence and concentration of these jobs in the area are exactly at the national average. This suggests a balanced job market where demand and supply are relatively stable, indicating neither an oversupply nor a significant shortage of workers in this broad occupational category.

Nearby Job Markets

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Lubbock, TX?

The median annual salary for a All Occupations in Lubbock, TX is $51,770. This typically ranges from $22,710 for entry-level positions to $91,270 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lubbock, TX is 22.9% lower than the national median of $67,140.

Is Lubbock, TX a lucrative place for All Occupationss?

No, not exceptionally lucrative compared to the national average.The average salary of $51,770 is below the national average of $67,140, although the cost of living is also at the national average.

Is Lubbock, TX a good place to live for All Occupations?

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

What is the total workforce in Lubbock, TX?

Lubbock, TX has a total local workforce of 165,480 individuals.

How does Lubbock's cost of living compare nationally?

Lubbock, TX has a Cost of Living Index of 100, which is exactly the national average.

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

A Location Quotient of 1 indicates that the concentration of All Occupations jobs in Lubbock is the same as the national average, suggesting a balanced job market.

Are there many jobs per 1,000 workers for All Occupations in Lubbock?

There are 1000 jobs per 1,000 workers for All Occupations in Lubbock, indicating a stable employment landscape for this broad category.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 165,480 employees in the Lubbock, TX area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.