SalaryNode

Average All Occupations Salary in Niles, MI

The average annual salary for All Occupations in Niles, MI stands at $58,060, which is below the national average of $67,140. This disparity is often influenced by local economic factors, industry concentration, and the overall cost of doing business within the region.

Executive Summary

  • Average Salary: $58,060 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $101,950.
  • Outlook: With a total local workforce of 59,670, Niles, MI demonstrates a substantial employment base. The Location Quotient of 1.0 indicates that the concentration of All Occupations in this area is precisely in line with the national average, suggesting a stable and predictable demand for these roles within the local economy.
2024 Market Data

Salary Overview

$58,060

The average All Occupations in Niles, MI earns-13.5%below the national average.

BreakdownBased on 40h/week
Hourly

$27.9

Weekly

$1,117

Monthly

$4,838

All Occupations Salary Distribution in Niles, MI

Salary progression for All Occupations in Niles, MI typically follows a clear trajectory from entry-level to senior positions. As professionals gain experience and specialized skills, their earning potential increases significantly, with noticeable percentile gaps reflecting the value placed on expertise and leadership within the workforce.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$28,440$13.7
ExperiencedProficient professional working independently.25% (Junior)$43,545$20.9
Mid-LevelEstablished expert. Standard market value.50% (Median)$45,180$21.7
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$72,575$34.9
Top TierIndustry leader / Executive level compensation.90% (Expert)$101,950$49

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$58,060

Gross Pay

Real Wage (Purchasing Power)

$58,060

Adjusted for COL (100)

The nominal average salary of $58,060 in Niles, MI aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that, on average, the purchasing power of salaries in Niles is comparable to the national standard, making it neither exceptionally expensive nor remarkably affordable from a cost-of-living perspective.

Job Market Context

59,670

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Niles, MI 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 Niles, MI signifies that the proportion of these jobs within the local workforce is identical to the national average. This suggests a balanced job market where the supply and demand for these roles are in equilibrium, indicating moderate competition and consistent availability.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Niles, MI

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Niles, MI?

The median annual salary for a All Occupations in Niles, MI is $58,060. This typically ranges from $28,440 for entry-level positions to $101,950 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Niles, MI is 13.5% lower than the national median of $67,140.

Is Niles, MI a lucrative place for All Occupationss?

No, Niles, MI is not a particularly lucrative place for All Occupationss compared to the national average.The average salary of $58,060 is below the national benchmark of $67,140, and the cost of living is exactly at the national average, offering no additional purchasing power advantage.

Is Niles, MI a good place to live for All Occupations?

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

Where are the highest paying cities near Niles, MI?

Some top paying nearby cities include South Bend-Mishawaka, IN-MI ($57,580) and Elkhart-Goshen, IN.

How does the Niles, MI salary compare to the national average?

The average salary for All Occupations in Niles, MI is $58,060, which is $9,080 less than the national average of $67,140.

What is the cost of living in Niles, MI?

The Cost of Living Index in Niles, MI is 100, which is exactly the national average, meaning it is neither more nor less expensive to live there compared to the rest of the country.

How concentrated are All Occupations jobs in Niles, MI?

The concentration of All Occupations jobs in Niles, MI, indicated by a Location Quotient of 1.0, is exactly the same as the national average, suggesting a balanced presence.

What is the total workforce size in Niles, MI?

Niles, MI has a total local workforce of 59,670 individuals across all occupations.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 59,670 employees in the Niles, MI area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.