SalaryNode

Average All Occupations Salary in Northeast Louisiana nonmetropolitan area

The average annual salary for All Occupations in the Northeast Louisiana nonmetropolitan area stands at $47,990. This figure is notably below the national average of $67,140, reflecting regional economic factors and potentially a different industry mix. The specific economic landscape and demand for various roles within this nonmetropolitan region directly influence the compensation offered.

Executive Summary

  • Average Salary: $47,990 per year.
  • Growth Trend: Salaries have shifted 20.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $80,180.
  • Outlook: With a substantial local workforce of 62,180 individuals, the Northeast Louisiana nonmetropolitan area demonstrates a significant labor pool. The Location Quotient of 1 indicates that the concentration of All Occupations in this region is precisely at the national average, suggesting a stable and balanced demand for these roles relative to the overall U.S. employment landscape.
2024 Market Data

Salary Overview

$47,990

The average All Occupations in Northeast Louisiana nonmetropolitan area earns-28.5%below the national average.

BreakdownBased on 40h/week
Hourly

$23.1

Weekly

$923

Monthly

$3,999

All Occupations Salary Distribution in Northeast Louisiana nonmetropolitan area

Salary progression for All Occupations typically scales with experience, moving from entry-level positions to mid-career and senior roles. While specific percentile data isn't available, it's understood that the gap between the lowest and highest earners signifies substantial career advancement opportunities and the value placed on specialized skills and extensive experience within the local job market.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$20,540$9.9
ExperiencedProficient professional working independently.25% (Junior)$35,993$17.3
Mid-LevelEstablished expert. Standard market value.50% (Median)$36,820$17.7
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$59,988$28.8
Top TierIndustry leader / Executive level compensation.90% (Expert)$80,180$38.5

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$47,990

Gross Pay

Real Wage (Purchasing Power)

$47,990

Adjusted for COL (100)

The nominal average annual salary of $47,990 in Northeast Louisiana nonmetropolitan area aligns perfectly with a Cost of Living Index of 100, which represents the national average. This means that, on average, the purchasing power of the salary in this region is equivalent to the national standard, suggesting that the lower nominal wage is offset by comparable living expenses.

Job Market Context

62,180

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Northeast Louisiana nonmetropolitan area 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 Northeast Louisiana nonmetropolitan area signifies that the concentration of these jobs is exactly in line with the national average. This suggests a market that is neither over-saturated nor experiencing a significant shortage of workers for these roles, indicating a steady and predictable employment environment.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Northeast Louisiana nonmetropolitan area

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Northeast Louisiana nonmetropolitan area?

The median annual salary for a All Occupations in Northeast Louisiana nonmetropolitan area is $47,990. This typically ranges from $20,540 for entry-level positions to $80,180 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northeast Louisiana nonmetropolitan area is 28.5% lower than the national median of $67,140.

Is Northeast Louisiana nonmetropolitan area a lucrative place for All Occupationss?

No, it is not exceptionally lucrative compared to national averages.The average salary of $47,990 is significantly lower than the national average of $67,140. However, the cost of living being at the national average means the purchasing power is comparable, though the nominal income is less.

Is Northeast Louisiana nonmetropolitan area a good place to live for All Occupations?

The Cost of Living Index in Northeast Louisiana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northeast Louisiana nonmetropolitan area?

Some top paying nearby cities include Alexandria, LA ($50,100) and Baton Rouge, LA.

How does the total workforce size impact job availability for All Occupations?

A total workforce of 62,180 indicates a substantial labor pool, suggesting a robust local economy. This size generally supports a diverse range of job opportunities within the All Occupations category, though competition may also be present.

What does a Location Quotient of 1 mean for job seekers?

A Location Quotient of 1 means the proportion of All Occupations jobs in Northeast Louisiana is the same as the national average. This implies a balanced job market where demand and supply are relatively aligned with national trends.

How does the Cost of Living Index affect the real value of the salary?

With a Cost of Living Index of 100, the real value of the $47,990 salary is equivalent to the national average. This means that while the nominal salary is lower, the expenses for goods and services are also at the national average, making the purchasing power comparable.

What are the implications of the national average salary being higher?

The national average salary of $67,140 being higher than the local average of $47,990 suggests that opportunities for higher earnings might be more prevalent in other regions or in metropolitan areas. This could be due to differences in industry concentration, cost of doing business, or demand for specialized skills.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 62,180 employees in the Northeast Louisiana nonmetropolitan area area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.