SalaryNode

Average All Occupations Salary in Madison, WI

In Madison, WI, the average annual salary for all occupations stands at $67,700. This figure is slightly above the national average of $67,140, indicating a competitive local job market. Factors such as the city's economic drivers and demand for skilled labor likely contribute to this favorable compensation.

Executive Summary

  • Average Salary: $67,700 per year.
  • Growth Trend: Salaries have shifted 17.4% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $113,730.
  • Outlook: With a substantial local workforce of 405,450 individuals and a location quotient of 1.0, Madison, WI, demonstrates a stable and nationally representative job market for all occupations. The concentration suggests a balanced supply and demand, indicating consistent employment opportunities across various sectors within the city.
2024 Market Data

Salary Overview

$67,700

The average All Occupations in Madison, WI earns+0.8%above the national average.

BreakdownBased on 40h/week
Hourly

$32.6

Weekly

$1,302

Monthly

$5,642

All Occupations Salary Distribution in Madison, WI

Salary progression in Madison, WI, for all occupations typically scales with experience. Entry-level positions may start at a lower percentile, while senior roles command higher salaries, reflecting increased responsibility and expertise. The widening gap between salary percentiles signifies clear career advancement opportunities within the local job market.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$30,640$14.7
ExperiencedProficient professional working independently.25% (Junior)$50,775$24.4
Mid-LevelEstablished expert. Standard market value.50% (Median)$54,620$26.3
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$84,625$40.7
Top TierIndustry leader / Executive level compensation.90% (Expert)$113,730$54.7

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$67,700

Gross Pay

Real Wage (Purchasing Power)

$67,700

Adjusted for COL (100)

The nominal average salary of $67,700 in Madison, WI, aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of the average salary is equivalent to the national average, suggesting that residents can expect their income to cover typical expenses without significant strain compared to the rest of the country.

Job Market Context

405,450

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Madison, WI 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 Madison, WI, signifies that the concentration of these jobs is precisely at the national average. This indicates a balanced job market where the number of available positions is proportionate to the number of workers, suggesting neither a significant shortage nor an oversupply of labor across the board.

Nearby Job Markets

Nearby Cities for All Occupations

CitySalaryDist.
Janesville-Beloit, WI All Occupations Salary$60,360↓ 11%33 mi
Rockford, IL All Occupations Salary$59,130↓ 13%59 mi
Fond du Lac, WI All Occupations Salary$59,960↓ 11%68 mi
Milwaukee-Waukesha, WI All Occupations Salary$64,850↓ 4%72 mi
Oshkosh-Neenah, WI All Occupations Salary$62,260↓ 8%77 mi

Comparing salaries near Madison, WI

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Madison, WI?

The median annual salary for a All Occupations in Madison, WI is $67,700. This typically ranges from $30,640 for entry-level positions to $113,730 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Madison, WI is 0.8% higher than the national median of $67,140.

Is Madison, WI a lucrative place for All Occupationss?

Yes, Madison, WI offers a competitive salary landscape for all occupations.The average salary of $67,700 slightly surpasses the national average, and the cost of living is on par with the national index, indicating good earning potential.

Is Madison, WI a good place to live for All Occupations?

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

Where are the highest paying cities near Madison, WI?

Some top paying nearby cities include Janesville-Beloit, WI ($60,360) and Rockford, IL.

How does Madison, WI's average salary compare to the national average?

The average annual salary in Madison, WI, is $67,700, which is slightly higher than the national average of $67,140.

What is the Cost of Living in Madison, WI?

Madison, WI has a Cost of Living Index of 100, which is exactly the national average, suggesting typical living expenses.

How large is the workforce in Madison, WI?

Madison, WI has a total local workforce of 405,450 individuals across all occupations.

Is there high demand for workers in Madison, WI?

With a Location Quotient of 1.0, the concentration of jobs for all occupations in Madison, WI, is equivalent to the national average, indicating a balanced 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 405,450 employees in the Madison, WI area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for All Occupations • Data source: BLS OEWS 2024 •Jobs in Madison, WI