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Average All Occupations Salary in Montana

In Montana, the average annual salary for all occupations stands at $58,160, which is below the national average of $67,140. This disparity is often influenced by a combination of factors unique to the state, including its specific industry landscape, regional economic drivers, and the overall demand for labor within its distinct geographic and demographic context.

Executive Summary

  • Average Salary: $58,160 per year.
  • Growth Trend: Salaries have shifted 23.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $97,510.
  • Outlook: Montana's labor market for all occupations is substantial, supporting a workforce of 510,020 individuals. With 1,000 jobs per 1,000 workers and a Location Quotient of 1, the job market indicates a stable and balanced demand relative to the national average, suggesting a consistent need for a wide range of professions across the state.
2024 Market Data

Salary Overview

$58,160

The average All Occupations in Montana earns-13.4%below the national average.

BreakdownBased on 40h/week
Hourly

$28

Weekly

$1,118

Monthly

$4,847

All Occupations Salary Distribution in Montana

Salary progression in Montana for all occupations is significantly influenced by experience. Entry-level positions typically command lower salaries, while seasoned professionals with specialized skills and extensive experience can expect to earn considerably more. The widening gap between entry-level and senior-level salaries reflects a clear career progression path and the increasing value placed on expertise within the state's workforce.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$28,470$13.7
ExperiencedProficient professional working independently.25% (Junior)$43,620$21
Mid-LevelEstablished expert. Standard market value.50% (Median)$47,360$22.8
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$72,700$35
Top TierIndustry leader / Executive level compensation.90% (Expert)$97,510$46.9

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$58,160

Gross Pay

Real Wage (Purchasing Power)

$54,406

Adjusted for COL (106.9)

A nominal average salary of $58,160 in Montana needs to be considered alongside its Cost of Living Index of 106.9. This index, slightly above the national average of 100, suggests that while the purchasing power might be marginally lower than in a national average cost area, the salary is relatively aligned with the local economic conditions, offering a moderate standard of living.

Job Market Context

510,020

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

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

With a Location Quotient of 1 for all occupations, Montana's job market is neither significantly over-represented nor under-represented compared to the national average. This indicates a balanced employment landscape where the concentration of jobs aligns closely with national patterns, suggesting a competitive yet accessible market for a diverse range of professionals.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Montana

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Montana?

The median annual salary for a All Occupations in Montana is $58,160. This typically ranges from $28,470 for entry-level positions to $97,510 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Montana is 13.4% lower than the national median of $67,140.

Is Montana a lucrative place for All Occupationss?

No, not significantly above the national average.The average salary of $58,160 is below the national average of $67,140, and the cost of living is slightly higher than the national average.

Is Montana a good place to live for All Occupations?

The Cost of Living Index in Montana is 106.9. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Montana?

Some top paying nearby cities include Great Falls, MT ($53,960) and Helena, MT.

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

The average annual salary for all occupations in Montana is $58,160, which is notably lower than the national average of $67,140.

What is the size of Montana's workforce for all occupations?

Montana supports a substantial workforce of 510,020 individuals across all occupations.

How does the cost of living in Montana affect salary perception?

With a Cost of Living Index of 106.9, Montana is slightly more expensive than the national average, meaning the $58,160 salary may have slightly less purchasing power than it would in a lower cost-of-living area.

Is there a high concentration of specific jobs in Montana?

The Location Quotient of 1 indicates that the concentration of jobs for all occupations in Montana is at the national average, suggesting 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 510,020 employees in the Montana area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.