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Average All Occupations Salary in Rhode Island

In Rhode Island, the average annual salary for All Occupations stands at a robust $69,270. This figure notably surpasses the national average of $67,140, suggesting that the unique economic landscape and specific industry demands within the Ocean State contribute to a higher compensation for its workforce. Factors such as local economic drivers and the cost of doing business likely influence this favorable salary trend.

Executive Summary

  • Average Salary: $69,270 per year.
  • Growth Trend: Salaries have shifted 15.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $123,300.
  • Outlook: Rhode Island's labor market for All Occupations is substantial, encompassing a total local workforce of 493,800 individuals. With a Location Quotient of 1, the concentration of these roles aligns precisely with the national average, indicating a stable and well-established presence. The metric of 1000 jobs per 1,000 workers further solidifies the consistent demand and availability of opportunities across various sectors within the state.
2024 Market Data

Salary Overview

$69,270

The average All Occupations in Rhode Island earns+3.2%above the national average.

BreakdownBased on 40h/week
Hourly

$33.3

Weekly

$1,332

Monthly

$5,773

All Occupations Salary Distribution in Rhode Island

Salary progression for All Occupations in Rhode Island typically scales significantly with experience. Entry-level positions will naturally command lower salaries, while senior and highly experienced roles will see substantial increases. The percentile gaps between these levels are indicative of the career trajectory and the value placed on specialized skills and accumulated expertise within the state's job market.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$31,080$14.9
ExperiencedProficient professional working independently.25% (Junior)$51,953$25
Mid-LevelEstablished expert. Standard market value.50% (Median)$54,040$26
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$86,588$41.6
Top TierIndustry leader / Executive level compensation.90% (Expert)$123,300$59.3

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$69,270

Gross Pay

Real Wage (Purchasing Power)

$61,848

Adjusted for COL (112)

The average annual salary of $69,270 in Rhode Island presents a compelling financial picture when contrasted with its Cost of Living Index of 112. While the index indicates that living expenses are 12% higher than the national average, the salary slightly exceeds the national average, suggesting that the higher nominal wages largely compensate for the increased cost of living, potentially offering a good quality of life for residents.

Job Market Context

493,800

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Rhode Island has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.

With a Location Quotient of 1, the job market for All Occupations in Rhode Island is neither significantly more nor less concentrated than the national average. This indicates a balanced employment landscape where opportunities are present in line with national trends, suggesting a competitive yet accessible market for professionals in these roles. The steady demand, reflected by 1000 jobs per 1,000 workers, ensures a consistent presence of these occupations within the state's economy.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Rhode Island

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Frequently Asked Questions

How much does a All Occupations make in Rhode Island?

The median annual salary for a All Occupations in Rhode Island is $69,270. This typically ranges from $31,080 for entry-level positions to $123,300 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Rhode Island is 3.2% higher than the national median of $67,140.

Is Rhode Island a lucrative place for All Occupationss?

Yes, Rhode Island offers competitive compensation for All Occupations.The average salary of $69,270 exceeds the national average, and while the cost of living is slightly higher, the nominal wage increase provides a favorable financial standing.

Is Rhode Island a good place to live for All Occupations?

The Cost of Living Index in Rhode Island is 112. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Rhode Island?

Some top paying nearby cities include Providence-Warwick, RI-MA ($67,000) and Norwich-New London-Willimantic, CT.

How does Rhode Island's average salary compare to the national average?

Rhode Island's average annual salary for All Occupations is $69,270, which is higher than the national average of $67,140.

What is the total workforce size for All Occupations in Rhode Island?

The total local workforce for All Occupations in Rhode Island is 493,800 individuals.

How does the concentration of All Occupations jobs in Rhode Island compare nationally?

The Location Quotient for All Occupations in Rhode Island is 1, which is exactly the national average, indicating a balanced concentration of these jobs.

Is the cost of living in Rhode Island significantly higher than the national average?

Yes, Rhode Island has a Cost of Living Index of 112, meaning it is 12% more expensive to live there compared to the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 493,800 employees in the Rhode Island area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.