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Average All Occupations Salary in Northwest Virginia nonmetropolitan area

In Northwest Virginia's nonmetropolitan area, the average annual salary for All Occupations stands at $54,950. This figure is notably below the national average of $67,140, reflecting the economic dynamics and potentially lower demand for certain roles in non-urbanized regions. Factors such as industry concentration and the overall economic landscape of the area contribute to this localized pay scale.

Executive Summary

  • Average Salary: $54,950 per year.
  • Growth Trend: Salaries have shifted 20.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $93,990.
  • Outlook: With a total local workforce of 65,370 and a Location Quotient of 1.0, the job market for All Occupations in Northwest Virginia nonmetropolitan area is stable and mirrors the national average in terms of concentration. While not indicating rapid growth or a significant undersupply, this suggests a consistent demand for these roles within the existing economic structure.
2024 Market Data

Salary Overview

$54,950

The average All Occupations in Northwest Virginia nonmetropolitan area earns-18.2%below the national average.

BreakdownBased on 40h/week
Hourly

$26.4

Weekly

$1,057

Monthly

$4,579

All Occupations Salary Distribution in Northwest Virginia nonmetropolitan area

Salary progression for All Occupations in Northwest Virginia nonmetropolitan area typically scales with experience. Entry-level positions often start at the lower end of the pay scale, while senior roles command significantly higher compensation. The percentile gaps in salary distribution clearly signify opportunities for career advancement and increased earning potential as professionals gain expertise and take on more responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$28,100$13.5
ExperiencedProficient professional working independently.25% (Junior)$41,213$19.8
Mid-LevelEstablished expert. Standard market value.50% (Median)$45,260$21.8
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$68,688$33
Top TierIndustry leader / Executive level compensation.90% (Expert)$93,990$45.2

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$54,950

Gross Pay

Real Wage (Purchasing Power)

$54,950

Adjusted for COL (100)

The nominal average annual salary of $54,950 in Northwest Virginia nonmetropolitan area aligns perfectly 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 while the nominal pay is lower than the national average, the cost of living does not disproportionately diminish its value.

Job Market Context

65,370

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Northwest Virginia 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 Virginia nonmetropolitan area indicates that the concentration of these jobs is exactly at the national average. This suggests a balanced job market where the number of available positions is neither exceptionally high nor low relative to the national distribution, implying a steady but not overly competitive or scarce employment landscape.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Northwest Virginia nonmetropolitan area

Hiring All Occupationss?

Frequently Asked Questions

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

The median annual salary for a All Occupations in Northwest Virginia nonmetropolitan area is $54,950. This typically ranges from $28,100 for entry-level positions to $93,990 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwest Virginia nonmetropolitan area is 18.2% lower than the national median of $67,140.

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

No, it is not exceptionally lucrative compared to national averages.The average salary of $54,950 is below the national average, although the cost of living is also at the national average, making the purchasing power comparable.

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

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

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

Some top paying nearby cities include Charlottesville, VA ($71,000) and Richmond, VA.

How does the cost of living in Northwest Virginia nonmetropolitan area compare nationally?

The Cost of Living Index for Northwest Virginia nonmetropolitan area is 100, which is exactly the national average, indicating that the general cost of goods and services is on par with the rest of the country.

What is the total number of All Occupations jobs in Northwest Virginia nonmetropolitan area?

There are approximately 1000 jobs per 1,000 workers, indicating a stable employment base within the region's total workforce of 65,370 individuals.

How does the concentration of All Occupations jobs in this area compare to the national average?

The Location Quotient is 1.0, meaning the concentration of All Occupations jobs in Northwest Virginia nonmetropolitan area is precisely the same as the national average.

What is the difference between the local and national average salary for All Occupations?

The average salary in Northwest Virginia nonmetropolitan area is $54,950, which is $12,190 less than the national average salary of $67,140.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 65,370 employees in the Northwest Virginia 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.