Average All Occupations Salary in Olympia-Lacey-Tumwater, WA
The average annual salary for All Occupations in the Olympia-Lacey-Tumwater, WA area stands at a robust $73,180, notably exceeding the national average of $67,140. This higher compensation reflects the unique economic drivers and labor demands specific to the region, influencing the overall pay structure for its workforce.
Executive Summary
- Average Salary: $73,180 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $122,910.
- Outlook: With a substantial local workforce of 127,360 individuals, the Olympia-Lacey-Tumwater area demonstrates a significant labor market. The concentration quotient of 1.0 indicates that the employment of All Occupations is in line with national averages, suggesting a stable and consistent demand for these roles within the region's economy.
Salary Overview
The average All Occupations in Olympia-Lacey-Tumwater, WA earns+9.0%above the national average.
$35.2
$1,407
$6,098
All Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is generally observed that salaries across most occupations experience consistent year-over-year growth. This trend is typically driven by inflation, increasing demand for skilled labor, and evolving economic conditions, suggesting that the average salary of $73,180 in Olympia-Lacey-Tumwater has likely seen positive movement over the past four years.
All Occupations Salary Distribution in Olympia-Lacey-Tumwater, WA
Salary progression for All Occupations in Olympia-Lacey-Tumwater, WA, typically scales with experience. Entry-level positions may start at a lower percentile, while senior or specialized roles command significantly higher earnings, often reaching into the 75th percentile and beyond. These percentile gaps clearly signify the career advancement and increased earning potential available to dedicated professionals.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $36,520 | $17.6 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $54,885 | $26.4 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $60,300 | $29 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $91,475 | $44 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $122,910 | $59.1 |
Detailed All Occupations Market Analysis
Relocation Context
Nominal Salary
$73,180
Gross Pay
Real Wage (Purchasing Power)
$73,180
Adjusted for COL (100)
The average annual salary of $73,180 in Olympia-Lacey-Tumwater, WA, 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 is equivalent to the national standard, offering a balanced financial landscape for residents.
Job Market Context
127,360
Total Jobs
1000
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Olympia-Lacey-Tumwater, WA 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 Olympia-Lacey-Tumwater, WA, signifies that the concentration of these jobs is precisely at the national average. This indicates a balanced job market where the availability of these roles is neither exceptionally high nor low compared to the rest of the country, suggesting a steady and predictable employment environment.
Nearby Job Markets
Nearby Cities for All Occupations
| City | Salary | Dist. |
|---|---|---|
| Bremerton-Silverdale-Port Orchard, WA All Occupations Salary | $73,780↑ 1% | 36 mi |
| Seattle-Tacoma-Bellevue, WA All Occupations Salary | $89,760↑ 23% | 47 mi |
| Longview-Kelso, WA All Occupations Salary | $66,080↓ 10% | 62 mi |
| Western Washington nonmetropolitan area All Occupations Salary | $63,640↓ 13% | 70 mi |
| Eastern Washington nonmetropolitan area All Occupations Salary | $64,550↓ 12% | 70 mi |
Comparing salaries near Olympia-Lacey-Tumwater, WA
Hiring All Occupationss?
Frequently Asked Questions
How much does a All Occupations make in Olympia-Lacey-Tumwater, WA?
The median annual salary for a All Occupations in Olympia-Lacey-Tumwater, WA is $73,180. This typically ranges from $36,520 for entry-level positions to $122,910 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Olympia-Lacey-Tumwater, WA is 9.0% higher than the national median of $67,140.
Is Olympia-Lacey-Tumwater, WA a lucrative place for All Occupationss?
Yes, it is a financially stable place for All Occupations.The average salary of $73,180 is higher than the national average, and the cost of living is at the national average, indicating good purchasing power.
Is Olympia-Lacey-Tumwater, WA a good place to live for All Occupations?
The Cost of Living Index in Olympia-Lacey-Tumwater, WA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Olympia-Lacey-Tumwater, WA?
Some top paying nearby cities include Bremerton-Silverdale-Port Orchard, WA ($73,780) and Seattle-Tacoma-Bellevue, WA.
How does the Olympia-Lacey-Tumwater salary compare to the national average?
The average annual salary of $73,180 in Olympia-Lacey-Tumwater, WA, is higher than the national average of $67,140, suggesting better compensation within this metropolitan area.
What is the cost of living in Olympia-Lacey-Tumwater, WA?
The cost of living index in Olympia-Lacey-Tumwater, WA, is 100, which is exactly the national average, meaning expenses for goods and services are comparable to the rest of the country.
How large is the workforce in Olympia-Lacey-Tumwater, WA?
The total local workforce in Olympia-Lacey-Tumwater, WA, comprises 127,360 individuals, indicating a significant labor pool.
Is there high demand for All Occupations in this area?
With a Location Quotient of 1.0, the demand for All Occupations in Olympia-Lacey-Tumwater, WA, is consistent with the national average, suggesting a stable 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 127,360 employees in the Olympia-Lacey-Tumwater, WA 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 Olympia-Lacey-Tumwater, WA