Average All Occupations Salary in Lynchburg, VA
In Lynchburg, VA, the average annual salary for all occupations stands at $56,330, which is notably below the national average of $67,140. This disparity is often influenced by local economic factors, industry concentration, and the overall demand for labor within the region, creating a unique compensation landscape for its residents.
Executive Summary
- Average Salary: $56,330 per year.
- Growth Trend: Salaries have shifted 20.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $95,780.
- Outlook: Lynchburg, VA supports a substantial workforce of 97,210 individuals, with 1,000 jobs available per thousand workers. The Location Quotient of 1.0 indicates that the concentration of jobs in Lynchburg is precisely at the national average, suggesting a stable but not exceptionally concentrated job market for a broad range of occupations.
Salary Overview
The average All Occupations in Lynchburg, VA earns-16.1%below the national average.
$27.1
$1,083
$4,694
All Occupations Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for 'All Occupations' in Lynchburg, VA, have experienced modest growth over the past four years, mirroring general economic trends. This growth is typically driven by inflation, increased demand for skilled labor, and regional economic development initiatives.
All Occupations Salary Distribution in Lynchburg, VA
Salary progression in Lynchburg, VA, like elsewhere, is significantly influenced by experience and specialization. Entry-level positions typically fall into the lower salary percentiles, while senior roles and specialized expertise command higher compensation, often reaching into the 75th percentile and beyond. The widening gap between entry-level and senior salaries reflects the increasing value placed on experience and advanced skills within the local job market.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $27,390 | $13.2 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $42,248 | $20.3 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $45,440 | $21.8 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $70,413 | $33.9 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $95,780 | $46 |
Detailed All Occupations Market Analysis
Relocation Context
Nominal Salary
$56,330
Gross Pay
Real Wage (Purchasing Power)
$56,330
Adjusted for COL (100)
The nominal average salary of $56,330 in Lynchburg, VA, aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a Lynchburg resident's salary is comparable to that of a national average consumer, suggesting that the local cost of goods and services effectively balances the lower average income.
Job Market Context
97,210
Total Jobs
1000
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Lynchburg, VA 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,' Lynchburg, VA, presents a job market that is neither significantly over- nor under-represented compared to the national average. This indicates a balanced employment landscape where opportunities are present across various sectors, but perhaps without the intense specialization or hyper-competition seen in areas with higher concentration quotients.
Nearby Job Markets
Nearby Cities for All Occupations
| City | Salary | Dist. |
|---|---|---|
| Roanoke, VA All Occupations Salary | $57,160↑ 1% | 43 mi |
| Staunton-Stuarts Draft, VA All Occupations Salary | $54,180↓ 4% | 53 mi |
| Charlottesville, VA All Occupations Salary | $71,000↑ 26% | 59 mi |
| Southside Virginia nonmetropolitan area All Occupations Salary | $52,450↓ 7% | 61 mi |
| Northern West Virginia nonmetropolitan area All Occupations Salary | $51,540↓ 9% | 61 mi |
Comparing salaries near Lynchburg, VA
Hiring All Occupationss?
Frequently Asked Questions
How much does a All Occupations make in Lynchburg, VA?
The median annual salary for a All Occupations in Lynchburg, VA is $56,330. This typically ranges from $27,390 for entry-level positions to $95,780 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lynchburg, VA is 16.1% lower than the national median of $67,140.
Is Lynchburg, VA a lucrative place for All Occupationss?
No, not exceptionally lucrative compared to the national average.The average salary of $56,330 is below the national average, though the cost of living is also at the national average, making the purchasing power comparable.
Is Lynchburg, VA a good place to live for All Occupations?
The Cost of Living Index in Lynchburg, VA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lynchburg, VA?
Some top paying nearby cities include Roanoke, VA ($57,160) and Staunton-Stuarts Draft, VA.
How does Lynchburg's cost of living compare to the national average?
Lynchburg, VA has a Cost of Living Index of 100, which is exactly the national average. This means that, on average, the cost of goods and services in Lynchburg is neither significantly higher nor lower than the national benchmark.
What is the total number of workers in Lynchburg, VA?
Lynchburg, VA has a total local workforce of 97,210 individuals across all occupations.
How does the job concentration in Lynchburg compare nationally?
The Location Quotient for all occupations in Lynchburg is 1.0, indicating that the concentration of jobs in Lynchburg is precisely aligned with the national average.
What is the average salary for 'All Occupations' in Lynchburg, VA?
The average annual salary for 'All Occupations' in Lynchburg, VA is $56,330.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 97,210 employees in the Lynchburg, VA 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 Lynchburg, VA