Average All Occupations Salary in Northern Vermont nonmetropolitan area
The average annual salary for All Occupations in the Northern Vermont nonmetropolitan area stands at $64,110. This figure is slightly below the national average of $67,140, reflecting the unique economic dynamics and potentially lower demand for certain roles in this specific region. Rural areas often present different compensation structures compared to bustling metropolitan hubs.
Executive Summary
- Average Salary: $64,110 per year.
- Growth Trend: Salaries have shifted 24.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $102,700.
- Outlook: With a substantial local workforce of 89,320 individuals and a Location Quotient of 1.0, the job market for All Occupations in Northern Vermont is stable and mirrors the national distribution. This indicates a consistent demand for a wide range of professions, suggesting a robust and predictable employment landscape for the region's workers.
Salary Overview
The average All Occupations in Northern Vermont nonmetropolitan area earns-4.5%below the national average.
$30.8
$1,233
$5,343
All Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for All Occupations in Northern Vermont have experienced gradual growth over the past four years, aligning with general economic trends. This suggests a steady, albeit potentially modest, increase in earning potential within the region.
All Occupations Salary Distribution in Northern Vermont nonmetropolitan area
Salary progression for All Occupations in Northern Vermont typically scales with experience. Entry-level positions may start at the lower end of the pay scale, while senior roles command significantly higher compensation. The widening gap between entry-level and senior salaries reflects the career advancement opportunities and increased responsibilities associated with more experienced professionals.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $34,780 | $16.7 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $48,083 | $23.1 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $51,990 | $25 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $80,138 | $38.5 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $102,700 | $49.4 |
Detailed All Occupations Market Analysis
Relocation Context
Nominal Salary
$64,110
Gross Pay
Real Wage (Purchasing Power)
$64,110
Adjusted for COL (100)
The nominal average annual salary of $64,110 in Northern Vermont aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the average salary in this region is equivalent to the national average, indicating a balanced financial environment for residents.
Job Market Context
89,320
Total Jobs
1000
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Northern Vermont nonmetropolitan area 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 Northern Vermont signifies that the concentration of these jobs in the region is exactly at the national average. This suggests a balanced job market where the availability of these roles is neither exceptionally high nor particularly low compared to the rest of the country, indicating moderate competition.
Nearby Job Markets
Nearby Cities for All Occupations
| City | Salary | Dist. |
|---|---|---|
| Burlington-South Burlington, VT All Occupations Salary | $71,330↑ 11% | 40 mi |
| Glens Falls, NY All Occupations Salary | $61,370↓ 4% | 69 mi |
| Central New Hampshire nonmetropolitan area All Occupations Salary | $61,170↓ 5% | 70 mi |
| Northern New Hampshire nonmetropolitan area All Occupations Salary | $66,460↑ 4% | 70 mi |
| Southwestern New Hampshire nonmetropolitan area All Occupations Salary | $61,090↓ 5% | 70 mi |
Comparing salaries near Northern Vermont nonmetropolitan area
Hiring All Occupationss?
Frequently Asked Questions
How much does a All Occupations make in Northern Vermont nonmetropolitan area?
The median annual salary for a All Occupations in Northern Vermont nonmetropolitan area is $64,110. This typically ranges from $34,780 for entry-level positions to $102,700 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northern Vermont nonmetropolitan area is 4.5% lower than the national median of $67,140.
Is Northern Vermont nonmetropolitan area a lucrative place for All Occupationss?
No, it is not exceptionally lucrative compared to the national average.The average salary of $64,110 is slightly below the national average of $67,140, although the cost of living is also at the national average.
Is Northern Vermont nonmetropolitan area a good place to live for All Occupations?
The Cost of Living Index in Northern Vermont nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northern Vermont nonmetropolitan area?
Some top paying nearby cities include Burlington-South Burlington, VT ($71,330) and Glens Falls, NY.
How does the Northern Vermont salary compare to the national average?
The average annual salary for All Occupations in Northern Vermont is $64,110, which is slightly lower than the national average of $67,140.
What is the size of the workforce for All Occupations in Northern Vermont?
The total local workforce for All Occupations in Northern Vermont comprises 89,320 individuals.
How does the cost of living in Northern Vermont compare to the national average?
The cost of living in Northern Vermont is exactly at the national average, with an index of 100.
What does a Location Quotient of 1 mean for All Occupations in Northern Vermont?
A Location Quotient of 1 indicates that the concentration of All Occupations jobs in Northern Vermont is the same as 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 89,320 employees in the Northern Vermont 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.
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Semantic Salary Analysis for All Occupations • Data source: BLS OEWS 2024 •Jobs in Northern Vermont nonmetropolitan area