SalaryNode

Average All Occupations Salary in Reading, PA

The average annual salary for All Occupations in Reading, PA stands at $59,380, which is below the national average of $67,140. This disparity can be attributed to a variety of local economic factors, including industry concentration, regional demand, and the overall economic landscape specific to Reading and its surrounding areas.

Executive Summary

  • Average Salary: $59,380 per year.
  • Growth Trend: Salaries have shifted 14.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $99,650.
  • Outlook: With a substantial local workforce of 171,480 individuals, Reading, PA demonstrates a significant labor market presence. The Location Quotient of 1.0 indicates that the concentration of All Occupations in Reading is precisely in line with the national average, suggesting a stable and balanced demand for these roles within the region.
2024 Market Data

Salary Overview

$59,380

The average All Occupations in Reading, PA earns-11.6%below the national average.

BreakdownBased on 40h/week
Hourly

$28.6

Weekly

$1,142

Monthly

$4,948

All Occupations Salary Distribution in Reading, PA

Salary progression for All Occupations in Reading, PA, like elsewhere, is strongly tied to experience. Entry-level positions typically command lower salaries, while senior or specialized roles offer significantly higher compensation. The percentile gaps between these levels highlight the substantial career advancement and earning potential available to those who gain experience and expertise in their field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$28,340$13.6
ExperiencedProficient professional working independently.25% (Junior)$44,535$21.4
Mid-LevelEstablished expert. Standard market value.50% (Median)$48,210$23.2
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$74,225$35.7
Top TierIndustry leader / Executive level compensation.90% (Expert)$99,650$47.9

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$59,380

Gross Pay

Real Wage (Purchasing Power)

$59,380

Adjusted for COL (100)

The nominal average salary of $59,380 in Reading, PA aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of the local salary is equivalent to the national average, suggesting that the cost of essential goods and services in Reading is neither a significant advantage nor a disadvantage compared to the rest of the country.

Job Market Context

171,480

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Reading, PA 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 Reading, PA signifies that the job market is neither over-saturated nor experiencing a significant shortage relative to the national average. This indicates a balanced competitive landscape where opportunities exist, but the abundance of roles matches the national proportion of the workforce.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Reading, PA

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Reading, PA?

The median annual salary for a All Occupations in Reading, PA is $59,380. This typically ranges from $28,340 for entry-level positions to $99,650 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Reading, PA is 11.6% lower than the national median of $67,140.

Is Reading, PA a lucrative place for All Occupationss?

No, Reading, PA is not a particularly lucrative place for All Occupationss compared to the national average.The average salary of $59,380 is below the national average of $67,140, and while the cost of living is average, the lower pay reduces overall financial advantage.

Is Reading, PA a good place to live for All Occupations?

The Cost of Living Index in Reading, PA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Reading, PA?

Some top paying nearby cities include Lebanon, PA ($55,720) and Lancaster, PA.

How does Reading, PA's average salary compare to the national average?

The average annual salary for All Occupations in Reading, PA is $59,380, which is lower than the national average of $67,140.

What is the cost of living in Reading, PA?

Reading, PA has a cost of living index of 100, which is exactly the national average, meaning it is neither more nor less expensive to live there than the typical US city.

How concentrated are All Occupations jobs in Reading, PA?

The concentration of All Occupations jobs in Reading, PA, as indicated by a Location Quotient of 1.0, is the same as the national average, suggesting a balanced job market.

What is the total workforce size in Reading, PA?

Reading, PA has a total workforce of 171,480 individuals, reflecting a significant labor market within the region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 171,480 employees in the Reading, PA area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.