Average All Occupations Salary in Paducah, KY-IL
The average annual salary for All Occupations in Paducah, KY-IL stands at $55,410. This figure is notably lower than the national average of $67,140, reflecting regional economic factors and the specific demand dynamics within the Paducah labor market. Localized pay rates are intrinsically tied to the economic landscape and industry concentration of a given area.
Executive Summary
- Average Salary: $55,410 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $95,710.
- Outlook: With a total local workforce of 50,590 individuals, Paducah, KY-IL supports a substantial employment base. The Location Quotient of 1.0 for All Occupations indicates that the concentration of these jobs in Paducah is precisely in line with the national average. This suggests a stable, albeit not exceptionally concentrated, presence of these roles within the local economy, implying a consistent but not rapidly expanding demand.
Salary Overview
The average All Occupations in Paducah, KY-IL earns-17.5%below the national average.
$26.6
$1,066
$4,618
All Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for All Occupations across the United States have experienced a modest upward trend over the past four years, driven by inflation and evolving market demands. This national trend likely extends to Paducah, KY-IL, suggesting that the average salary of $55,410 has likely seen incremental growth, mirroring broader economic adjustments.
All Occupations Salary Distribution in Paducah, KY-IL
Salary progression for All Occupations typically follows a clear trajectory from entry-level to senior positions. While specific percentile data for Paducah is unavailable, it's understood that individuals with less experience will earn at the lower end of the spectrum, potentially around the 25th percentile. As professionals gain experience, develop specialized skills, and take on more responsibility, their earnings can increase significantly, moving towards the 75th percentile and beyond for senior or lead roles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $26,420 | $12.7 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $41,558 | $20 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $44,140 | $21.2 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $69,263 | $33.3 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $95,710 | $46 |
Detailed All Occupations Market Analysis
Relocation Context
Nominal Salary
$55,410
Gross Pay
Real Wage (Purchasing Power)
$55,410
Adjusted for COL (100)
The nominal average annual salary of $55,410 in Paducah, KY-IL aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of the salary in Paducah is equivalent to the national average. Residents can expect their income to cover typical living expenses at a rate comparable to the rest of the country, without a significant premium or discount.
Job Market Context
50,590
Total Jobs
1000
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Paducah, KY-IL 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 Paducah, KY-IL signifies that the proportion of these jobs within the local workforce is identical to the national average. This indicates a balanced job market where the presence of these roles is neither disproportionately high nor low compared to national benchmarks. Consequently, the job market can be considered neither exceptionally competitive nor particularly scarce for these occupations.
Nearby Job Markets
Nearby Cities for All Occupations
| City | Salary | Dist. |
|---|---|---|
| Cape Girardeau, MO-IL All Occupations Salary | $54,560↓ 2% | 53 mi |
| Clarksville, TN-KY All Occupations Salary | $51,660↓ 7% | 80 mi |
| Evansville, IN All Occupations Salary | $55,650↑ 0% | 88 mi |
| Owensboro, KY All Occupations Salary | $51,400↓ 7% | 96 mi |
| Jackson, TN All Occupations Salary | $51,880↓ 6% | 99 mi |
Comparing salaries near Paducah, KY-IL
Hiring All Occupationss?
Frequently Asked Questions
How much does a All Occupations make in Paducah, KY-IL?
The median annual salary for a All Occupations in Paducah, KY-IL is $55,410. This typically ranges from $26,420 for entry-level positions to $95,710 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Paducah, KY-IL is 17.5% lower than the national median of $67,140.
Is Paducah, KY-IL a lucrative place for All Occupationss?
No, Paducah, KY-IL is not a particularly lucrative place for All Occupationss compared to the national average.The average salary of $55,410 is significantly below the national average of $67,140, although the cost of living is on par with the national average.
Is Paducah, KY-IL a good place to live for All Occupations?
The Cost of Living Index in Paducah, KY-IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Paducah, KY-IL?
Some top paying nearby cities include Cape Girardeau, MO-IL ($54,560) and Clarksville, TN-KY.
How does the cost of living in Paducah, KY-IL compare to the national average?
The cost of living in Paducah, KY-IL is exactly at the national average, indicated by a Cost of Living Index of 100.
What is the size of the workforce in Paducah, KY-IL?
The total local workforce in Paducah, KY-IL comprises 50,590 individuals.
Is there a high concentration of All Occupations jobs in Paducah, KY-IL?
No, the concentration of All Occupations jobs in Paducah, KY-IL is average, as indicated by a Location Quotient of 1.0, which matches the national average.
How does the average salary in Paducah, KY-IL compare to the national average?
The average annual salary for All Occupations in Paducah, KY-IL is $55,410, which is lower than the national average 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 50,590 employees in the Paducah, KY-IL 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 Paducah, KY-IL