SalaryNode

Average All Occupations Salary in Morgantown, WV

The average annual salary for All Occupations in Morgantown, WV stands at $60,880, which is below the national average of $67,140. This disparity can often be attributed to regional economic factors, industry concentration, and the specific demand for certain roles within the Morgantown labor market.

Executive Summary

  • Average Salary: $60,880 per year.
  • Growth Trend: Salaries have shifted 21.9% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $106,570.
  • Outlook: Morgantown, WV boasts a substantial workforce of 66,970 individuals, with 1,000 jobs per 1,000 workers indicating a stable employment landscape. A Location Quotient of 1.0 suggests that the concentration of All Occupations roles in Morgantown is in line with the national average, signifying a balanced and consistent demand for these positions within the local economy.
2024 Market Data

Salary Overview

$60,880

The average All Occupations in Morgantown, WV earns-9.3%below the national average.

BreakdownBased on 40h/week
Hourly

$29.3

Weekly

$1,171

Monthly

$5,073

All Occupations Salary Distribution in Morgantown, WV

Salary progression in Morgantown, WV for All Occupations typically scales with experience. Entry-level positions may start at the lower end of the pay scale, while senior or highly specialized roles command significantly higher compensation. The percentile gaps in salary distribution clearly signify opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$25,960$12.5
ExperiencedProficient professional working independently.25% (Junior)$45,660$22
Mid-LevelEstablished expert. Standard market value.50% (Median)$46,260$22.2
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$76,100$36.6
Top TierIndustry leader / Executive level compensation.90% (Expert)$106,570$51.2

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$60,880

Gross Pay

Real Wage (Purchasing Power)

$60,880

Adjusted for COL (100)

With an average annual salary of $60,880 and a Cost of Living Index of 100 (matching the national average), the nominal income in Morgantown, WV offers purchasing power equivalent to the national standard. This means that while the salary is lower than the national average, the cost of essential goods and services remains comparable, suggesting a relatively stable financial standing for residents.

Job Market Context

66,970

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Morgantown, WV 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 Morgantown, WV indicates that the job market is neither over-saturated nor significantly undersupplied compared to national benchmarks. This suggests a healthy level of competition among job seekers and employers, with opportunities available for qualified candidates without excessive market saturation.

Nearby Job Markets

Nearby Cities for All Occupations

CitySalaryDist.
Wheeling, WV-OH All Occupations Salary$53,220↓ 13%50 mi
Pittsburgh, PA All Occupations Salary$62,850↑ 3%55 mi
Weirton-Steubenville, WV-OH All Occupations Salary$54,020↓ 11%62 mi
Johnstown, PA All Occupations Salary$51,100↓ 16%72 mi
Parkersburg-Vienna, WV All Occupations Salary$52,760↓ 13%89 mi

Comparing salaries near Morgantown, WV

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Morgantown, WV?

The median annual salary for a All Occupations in Morgantown, WV is $60,880. This typically ranges from $25,960 for entry-level positions to $106,570 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Morgantown, WV is 9.3% lower than the national median of $67,140.

Is Morgantown, WV a lucrative place for All Occupationss?

No, not significantly more lucrative than the national average.While Morgantown, WV offers a stable job market for All Occupations, the average salary of $60,880 is below the national average of $67,140. However, the cost of living is also at the national average, making the effective purchasing power comparable.

Is Morgantown, WV a good place to live for All Occupations?

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

Where are the highest paying cities near Morgantown, WV?

Some top paying nearby cities include Wheeling, WV-OH ($53,220) and Pittsburgh, PA.

How does Morgantown's average salary compare to the national average for All Occupations?

The average annual salary for All Occupations in Morgantown, WV is $60,880, which is approximately $6,260 less than the national average of $67,140.

What is the total workforce size in Morgantown, WV?

Morgantown, WV has a total local workforce of 66,970 individuals.

How does the cost of living in Morgantown, WV compare to the national average?

Morgantown, WV has a Cost of Living Index of 100, which is exactly the same as the national average.

What does a Location Quotient of 1.0 mean for All Occupations in Morgantown, WV?

A Location Quotient of 1.0 signifies that the concentration of All Occupations jobs in Morgantown, WV is precisely at 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 66,970 employees in the Morgantown, WV 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 Morgantown, WV