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Average All Occupations Salary in Northwest Alabama nonmetropolitan area

In Northwest Alabama's nonmetropolitan area, the average annual salary for All Occupations stands at $46,470. This figure is notably lower than the national average of $67,140, reflecting the economic landscape and specific industry demands prevalent in this region. Factors such as industry concentration and local economic drivers typically influence these localized pay scales.

Executive Summary

  • Average Salary: $46,470 per year.
  • Growth Trend: Salaries have shifted 22.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $73,870.
  • Outlook: With a total local workforce of 67,290 individuals and a Location Quotient of 1.0 for All Occupations, the job market in Northwest Alabama appears to be aligned with national averages in terms of concentration. This suggests a stable, albeit not rapidly expanding, demand for these roles, with the existing workforce size indicating a consistent need for these positions within the local economy.
2024 Market Data

Salary Overview

$46,470

The average All Occupations in Northwest Alabama nonmetropolitan area earns-30.8%below the national average.

BreakdownBased on 40h/week
Hourly

$22.3

Weekly

$894

Monthly

$3,873

All Occupations Salary Distribution in Northwest Alabama nonmetropolitan area

Salary progression for All Occupations in Northwest Alabama, as in most regions, is significantly influenced by experience. Entry-level positions typically command the lower end of the pay scale, while senior roles, requiring extensive expertise and leadership, can earn substantially more. The percentile gaps between these levels signify clear career progression pathways and the increasing value placed on seasoned professionals.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$22,380$10.8
ExperiencedProficient professional working independently.25% (Junior)$34,853$16.8
Mid-LevelEstablished expert. Standard market value.50% (Median)$39,400$18.9
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$58,088$27.9
Top TierIndustry leader / Executive level compensation.90% (Expert)$73,870$35.5

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$46,470

Gross Pay

Real Wage (Purchasing Power)

$46,470

Adjusted for COL (100)

The nominal average annual salary of $46,470 in Northwest Alabama aligns directly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of the salary in this region is comparable to the national average, suggesting that the lower nominal wage is offset by a balanced cost of living.

Job Market Context

67,290

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Northwest Alabama 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 Northwest Alabama indicates that the concentration of these jobs within the region is precisely at the national average. This suggests a balanced job market where the number of workers in these occupations is neither disproportionately high nor low compared to the national distribution, implying a steady level of competition and opportunity.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Northwest Alabama nonmetropolitan area

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Northwest Alabama nonmetropolitan area?

The median annual salary for a All Occupations in Northwest Alabama nonmetropolitan area is $46,470. This typically ranges from $22,380 for entry-level positions to $73,870 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwest Alabama nonmetropolitan area is 30.8% lower than the national median of $67,140.

Is Northwest Alabama nonmetropolitan area a lucrative place for All Occupationss?

No, it is not considered a highly lucrative place for All Occupations.The average salary of $46,470 is significantly below the national average, although the cost of living is also at the national average, moderating the impact of lower nominal wages.

Is Northwest Alabama nonmetropolitan area a good place to live for All Occupations?

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

Where are the highest paying cities near Northwest Alabama nonmetropolitan area?

Some top paying nearby cities include Montgomery, AL ($53,720) and Birmingham, AL.

How does the average salary in Northwest Alabama compare to the national average?

The average annual salary for All Occupations in Northwest Alabama is $46,470, which is considerably lower than the national average of $67,140.

What is the Cost of Living Index in Northwest Alabama?

The Cost of Living Index in Northwest Alabama is 100, which is exactly the national average.

How many people are employed in All Occupations in Northwest Alabama?

There are approximately 67,290 individuals in the total local workforce, with the number of jobs per 1,000 workers for All Occupations being 1000.

Does the Location Quotient suggest a high demand for All Occupations in this area?

A Location Quotient of 1.0 indicates that the concentration of All Occupations in Northwest Alabama is at the national average, suggesting a stable but not exceptionally high demand.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 67,290 employees in the Northwest Alabama 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.