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Average All Occupations Salary in Northwest Iowa nonmetropolitan area

In the Northwest Iowa nonmetropolitan area, the average annual salary for All Occupations stands at $52,970. This figure is notably below the national average of $67,140, reflecting the economic landscape and specific industry demands prevalent in nonmetropolitan regions. Factors such as industry concentration, local economic drivers, and the overall cost of labor in this specific geographic area contribute to this differential.

Executive Summary

  • Average Salary: $52,970 per year.
  • Growth Trend: Salaries have shifted 20.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $81,700.
  • Outlook: With a substantial local workforce of 146,710 individuals, the employment landscape in Northwest Iowa for All Occupations is significant. The Location Quotient of 1.0 indicates that the concentration of these jobs aligns precisely with the national average, suggesting a stable and balanced presence within the regional economy. This equilibrium points to a consistent demand for these roles, supporting a robust job market.
2024 Market Data

Salary Overview

$52,970

The average All Occupations in Northwest Iowa nonmetropolitan area earns-21.1%below the national average.

BreakdownBased on 40h/week
Hourly

$25.5

Weekly

$1,019

Monthly

$4,414

All Occupations Salary Distribution in Northwest Iowa nonmetropolitan area

Within the All Occupations category in Northwest Iowa, salary progression typically scales with experience. Entry-level positions will naturally command lower salaries, while those with extensive experience and specialized skills can expect to earn significantly more. The percentile gaps between different experience levels highlight clear career progression pathways and the increasing value placed on seasoned professionals in the market.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$27,640$13.3
ExperiencedProficient professional working independently.25% (Junior)$39,728$19.1
Mid-LevelEstablished expert. Standard market value.50% (Median)$46,190$22.2
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$66,213$31.8
Top TierIndustry leader / Executive level compensation.90% (Expert)$81,700$39.3

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$52,970

Gross Pay

Real Wage (Purchasing Power)

$52,970

Adjusted for COL (100)

The nominal average annual salary of $52,970 in Northwest Iowa aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the average salary in this region is equivalent to the national average. Consequently, residents can expect their earnings to cover essential expenses and discretionary spending at a rate comparable to the rest of the country.

Job Market Context

146,710

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Northwest Iowa 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 Iowa signifies that the proportion of these jobs within the region is exactly the same as the national proportion. This suggests a market that is neither over-saturated nor experiencing a significant shortage of workers in this broad occupational category. The job market is therefore considered to be in equilibrium, offering a competitive but accessible environment for job seekers.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Northwest Iowa nonmetropolitan area

Hiring All Occupationss?

Frequently Asked Questions

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

The median annual salary for a All Occupations in Northwest Iowa nonmetropolitan area is $52,970. This typically ranges from $27,640 for entry-level positions to $81,700 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwest Iowa nonmetropolitan area is 21.1% lower than the national median of $67,140.

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

No, not exceptionally lucrative compared to national averages.The average salary of $52,970 is below the national average of $67,140, indicating lower earning potential in this broad category. However, the cost of living is also at the national average, making the effective purchasing power comparable.

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

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

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

Some top paying nearby cities include Ames, IA ($60,360) and Des Moines-West Des Moines, IA.

What is the average salary for All Occupations in Northwest Iowa?

The average annual salary for All Occupations in the Northwest Iowa nonmetropolitan area is $52,970.

How does the Northwest Iowa salary compare to the national average?

The average salary in Northwest Iowa ($52,970) is lower than the national average salary of $67,140 for All Occupations.

What is the Cost of Living Index in Northwest Iowa?

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

How concentrated are All Occupations jobs in Northwest Iowa?

The concentration of All Occupations jobs in Northwest Iowa, indicated by a Location Quotient of 1, is exactly at the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 146,710 employees in the Northwest Iowa 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.