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Average All Occupations Salary in Merced, CA

In Merced, California, the average annual salary for All Occupations stands at $59,270. This figure is notably below the national average of $67,140, reflecting localized economic factors and industry demands specific to the Merced region. The cost of living in Merced aligns perfectly with the national average, suggesting that while nominal wages are lower, purchasing power may be relatively stable.

Executive Summary

  • Average Salary: $59,270 per year.
  • Growth Trend: Salaries have shifted 18.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $103,750.
  • Outlook: Merced, CA supports a substantial workforce of 78,910 individuals across all occupations. With a Location Quotient of 1.0, the concentration of jobs in Merced for these roles mirrors the national average, indicating a stable and balanced job market. The presence of 1000 jobs per 1,000 workers further underscores the consistent demand and availability of employment opportunities within the region.
2024 Market Data

Salary Overview

$59,270

The average All Occupations in Merced, CA earns-11.7%below the national average.

BreakdownBased on 40h/week
Hourly

$28.5

Weekly

$1,140

Monthly

$4,939

All Occupations Salary Distribution in Merced, CA

Salary progression for All Occupations in Merced, CA, like elsewhere, is significantly influenced by experience and specialization. Entry-level positions typically command salaries at the lower end of the pay scale, while senior roles, requiring extensive expertise and leadership, can earn considerably more. The percentile gaps in earnings clearly signify opportunities for career advancement and increased earning potential as professionals gain experience and develop specialized skills.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$33,530$16.1
ExperiencedProficient professional working independently.25% (Junior)$44,453$21.4
Mid-LevelEstablished expert. Standard market value.50% (Median)$45,930$22.1
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$74,088$35.6
Top TierIndustry leader / Executive level compensation.90% (Expert)$103,750$49.9

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$59,270

Gross Pay

Real Wage (Purchasing Power)

$59,270

Adjusted for COL (100)

The nominal average salary of $59,270 in Merced, CA, when compared to a Cost of Living Index of 100 (which is the national average), suggests that the purchasing power of this salary is on par with the national average. This means that while the absolute dollar amount earned is lower than the national average salary, the cost of essential goods and services in Merced is also at the national average, potentially offsetting the difference in take-home pay.

Job Market Context

78,910

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

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

Merced, CA exhibits a Location Quotient of 1.0 for All Occupations, indicating that the concentration of these jobs within the local workforce is precisely aligned with the national average. This suggests a well-established and balanced job market where employment opportunities are neither exceptionally scarce nor overly abundant compared to the rest of the country. The market is competitive, with demand and supply for labor existing in equilibrium.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Merced, CA

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Merced, CA?

The median annual salary for a All Occupations in Merced, CA is $59,270. This typically ranges from $33,530 for entry-level positions to $103,750 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Merced, CA is 11.7% lower than the national median of $67,140.

Is Merced, CA a lucrative place for All Occupationss?

No, not exceptionally lucrative compared to the national average.While the cost of living is average, the average salary for All Occupations in Merced is below the national average. This indicates that while your money may go as far, the total earnings are less than the national benchmark.

Is Merced, CA a good place to live for All Occupations?

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

Where are the highest paying cities near Merced, CA?

Some top paying nearby cities include Modesto, CA ($66,370) and Fresno, CA.

How does Merced's average salary compare to the national average?

The average annual salary for All Occupations in Merced, CA is $59,270, which is lower than the national average of $67,140.

What is the Cost of Living Index in Merced, CA?

Merced, CA has a Cost of Living Index of 100, which is exactly the national average.

How large is the workforce for All Occupations in Merced, CA?

Merced, CA has a total local workforce of 78,910 individuals across all occupations.

What does a Location Quotient of 1.0 mean for Merced, CA?

A Location Quotient of 1.0 signifies that the concentration of All Occupations jobs in Merced is the same as 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 78,910 employees in the Merced, CA area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.