SalaryNode

Average All Occupations Salary in Providence-Warwick, RI-MA

In Providence-Warwick, RI-MA, the average annual salary for All Occupations stands at $67,000, remarkably close to the national average of $67,140. This near parity suggests that local economic factors and the demand for a diverse workforce in the region are aligning closely with national trends, leading to comparable compensation.

Executive Summary

  • Average Salary: $67,000 per year.
  • Growth Trend: Salaries have shifted 13.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $115,400.
  • Outlook: The Providence-Warwick area boasts a substantial total local workforce of 706,440 individuals, indicating a robust and diverse employment landscape. With a Location Quotient of 1, the concentration of All Occupations in this metropolitan area is precisely at the national average, suggesting a stable and well-established demand for these roles within the local economy.
2024 Market Data

Salary Overview

$67,000

The average All Occupations in Providence-Warwick, RI-MA earns-0.2%below the national average.

BreakdownBased on 40h/week
Hourly

$32.2

Weekly

$1,288

Monthly

$5,583

All Occupations Salary Distribution in Providence-Warwick, RI-MA

Salary progression for All Occupations in Providence-Warwick typically scales significantly with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills and extensive tenure can command salaries well into the higher percentiles. Observing the widening gap between entry-level and senior roles highlights the clear career advancement opportunities and associated earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$31,920$15.3
ExperiencedProficient professional working independently.25% (Junior)$50,250$24.2
Mid-LevelEstablished expert. Standard market value.50% (Median)$51,250$24.6
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$83,750$40.3
Top TierIndustry leader / Executive level compensation.90% (Expert)$115,400$55.5

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$67,000

Gross Pay

Real Wage (Purchasing Power)

$67,000

Adjusted for COL (100)

The nominal average salary of $67,000 in Providence-Warwick aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that, on average, the purchasing power of a salary in Providence-Warwick is equivalent to the national average, indicating a balanced economic environment where wages effectively cover the cost of living.

Job Market Context

706,440

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Providence-Warwick, RI-MA has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.

A Location Quotient of 1 for All Occupations in Providence-Warwick signifies that the proportion of these jobs within the local workforce is exactly in line with the national average. This suggests a balanced job market where the supply and demand for these roles are neither exceptionally concentrated nor scarce, indicating a competitive yet accessible employment environment.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Providence-Warwick, RI-MA

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Providence-Warwick, RI-MA?

The median annual salary for a All Occupations in Providence-Warwick, RI-MA is $67,000. This typically ranges from $31,920 for entry-level positions to $115,400 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Providence-Warwick, RI-MA is 0.2% lower than the national median of $67,140.

Is Providence-Warwick, RI-MA a lucrative place for All Occupationss?

Yes, it offers comparable compensation to the national average.The average salary of $67,000 is on par with the national average, and the cost of living is also at the national average, indicating good purchasing power.

Is Providence-Warwick, RI-MA a good place to live for All Occupations?

The Cost of Living Index in Providence-Warwick, RI-MA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Providence-Warwick, RI-MA?

Some top paying nearby cities include Massachusetts nonmetropolitan area ($67,310) and Worcester, MA.

How does the Providence-Warwick job market compare to the national average for All Occupations?

The job market for All Occupations in Providence-Warwick is very similar to the national average, with a Location Quotient of 1 indicating an equivalent concentration of jobs relative to the workforce size.

What is the purchasing power of an average salary in Providence-Warwick?

With an average salary of $67,000 and a Cost of Living Index of 100, the purchasing power in Providence-Warwick is equivalent to the national average.

How large is the workforce in Providence-Warwick?

The Providence-Warwick metropolitan area has a substantial total local workforce of 706,440 individuals.

Does experience significantly impact salary for All Occupations in Providence-Warwick?

Yes, salary typically increases substantially with experience, with senior roles commanding higher earnings than entry-level positions, reflecting career progression.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 706,440 employees in the Providence-Warwick, RI-MA area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.