SalaryNode

Average All Occupations Salary in North Carolina

The average annual salary for All Occupations in North Carolina stands at $62,440, which is notably below the national average of $67,140. This disparity is often influenced by a combination of regional economic factors, industry concentration, and the overall cost of living within the state.

Executive Summary

  • Average Salary: $62,440 per year.
  • Growth Trend: Salaries have shifted 22.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $112,040.
  • Outlook: North Carolina boasts a substantial workforce of nearly 4.9 million individuals, indicating a large and active labor market. With a Location Quotient of 1, the concentration of All Occupations jobs aligns precisely with the national average, suggesting a stable and balanced demand for these roles within the state's economy.
2024 Market Data

Salary Overview

$62,440

The average All Occupations in North Carolina earns-7.0%below the national average.

BreakdownBased on 40h/week
Hourly

$30

Weekly

$1,201

Monthly

$5,203

All Occupations Salary Distribution in North Carolina

Salary progression for All Occupations in North Carolina typically scales with experience. Entry-level positions may start at the lower end of the pay scale, while senior roles commanding higher salaries reflect accumulated expertise and responsibility. The widening gap between salary percentiles signifies clear opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$27,610$13.3
ExperiencedProficient professional working independently.25% (Junior)$46,830$22.5
Mid-LevelEstablished expert. Standard market value.50% (Median)$46,950$22.6
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$78,050$37.5
Top TierIndustry leader / Executive level compensation.90% (Expert)$112,040$53.9

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$62,440

Gross Pay

Real Wage (Purchasing Power)

$65,796

Adjusted for COL (94.9)

The average nominal salary of $62,440 in North Carolina presents a favorable financial picture when considered against the state's Cost of Living Index of 94.9. This index, being below the national average of 100, suggests that the purchasing power of the average salary may be stronger locally than the nominal figure initially implies.

Job Market Context

4,898,270

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

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

A Location Quotient of 1 for All Occupations in North Carolina indicates that the proportion of these jobs within the state mirrors the national proportion. This suggests a market that is neither significantly over- nor under-represented compared to the rest of the country, implying a competitive yet stable job landscape.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near North Carolina

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in North Carolina?

The median annual salary for a All Occupations in North Carolina is $62,440. This typically ranges from $27,610 for entry-level positions to $112,040 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in North Carolina is 7.0% lower than the national median of $67,140.

Is North Carolina a lucrative place for All Occupationss?

No, not significantly more lucrative than the national average.While the average salary of $62,440 is below the national average, the lower cost of living at 94.9 can help offset this difference in purchasing power.

Is North Carolina a good place to live for All Occupations?

With a Cost of Living Index of 94.9 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near North Carolina?

Some top paying nearby cities include Greensboro-High Point, NC ($56,360) and Pinehurst-Southern Pines, NC.

How does North Carolina's average salary compare to the national average?

The average annual salary for All Occupations in North Carolina is $62,440, which is less than the national average of $67,140.

What is the total workforce size in North Carolina?

North Carolina has a substantial total local workforce of 4,898,270 individuals.

How does the cost of living in North Carolina compare to the national average?

North Carolina's cost of living is slightly below the national average, with an index of 94.9 compared to the national benchmark of 100.

What does a Location Quotient of 1 signify for All Occupations in North Carolina?

A Location Quotient of 1 means that the concentration of All Occupations jobs in North Carolina 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 4,898,270 employees in the North Carolina area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.