SalaryNode

Average All Occupations Salary in Roanoke, VA

In Roanoke, VA, the average annual salary for All Occupations stands at $57,160. This figure is notably below the national average of $67,140, suggesting that local economic factors, industry composition, and potentially a lower cost of living contribute to this compensation level. Understanding these local dynamics is crucial for setting realistic salary expectations.

Executive Summary

  • Average Salary: $57,160 per year.
  • Growth Trend: Salaries have shifted 17.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $95,950.
  • Outlook: Roanoke, VA boasts a substantial workforce of 152,120 individuals, indicating a significant labor market. With a Location Quotient of 1.0 for All Occupations, the concentration of these roles in Roanoke aligns precisely with the national average. This suggests a stable and balanced demand for a wide range of professions, without over-saturation or significant undersupply compared to the rest of the country.
2024 Market Data

Salary Overview

$57,160

The average All Occupations in Roanoke, VA earns-14.9%below the national average.

BreakdownBased on 40h/week
Hourly

$27.5

Weekly

$1,099

Monthly

$4,763

All Occupations Salary Distribution in Roanoke, VA

Salary progression in Roanoke, VA, mirrors national trends where experience significantly impacts earning potential. Entry-level positions for All Occupations typically fall in the lower percentiles, while senior or highly specialized roles command salaries in the upper percentiles. The gap between these levels signifies clear career advancement opportunities and the increasing value placed on expertise and tenure within the local job market.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$27,800$13.4
ExperiencedProficient professional working independently.25% (Junior)$42,870$20.6
Mid-LevelEstablished expert. Standard market value.50% (Median)$46,010$22.1
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$71,450$34.4
Top TierIndustry leader / Executive level compensation.90% (Expert)$95,950$46.1

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$57,160

Gross Pay

Real Wage (Purchasing Power)

$57,160

Adjusted for COL (100)

The nominal average salary of $57,160 in Roanoke, VA, is directly offset by a Cost of Living Index of 100, which is precisely the national average. This means that, on average, the purchasing power of a Roanoke resident's salary is equivalent to that of a national average resident. While the salary is lower than the national average, the equivalent cost of living suggests that the take-home pay may still offer comparable lifestyle stability.

Job Market Context

152,120

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Roanoke, VA 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 Roanoke, VA, indicates that the representation of these jobs within the local workforce is exactly in line with the national average. This suggests a well-balanced job market where demand and supply for general occupations are neither exceptionally high nor low compared to the broader U.S. landscape, implying a competitive but stable employment environment.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Roanoke, VA

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Roanoke, VA?

The median annual salary for a All Occupations in Roanoke, VA is $57,160. This typically ranges from $27,800 for entry-level positions to $95,950 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Roanoke, VA is 14.9% lower than the national median of $67,140.

Is Roanoke, VA a lucrative place for All Occupationss?

No, not exceptionally lucrative compared to the national average.The average salary of $57,160 is below the national average of $67,140, although the cost of living is also at the national average, making the purchasing power comparable.

Is Roanoke, VA a good place to live for All Occupations?

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

Where are the highest paying cities near Roanoke, VA?

Some top paying nearby cities include Blacksburg-Christiansburg-Radford, VA ($58,980) and Lynchburg, VA.

How does Roanoke's average salary compare to the national average?

The average annual salary for All Occupations in Roanoke, VA is $57,160, which is lower than the national average of $67,140.

What is the Cost of Living in Roanoke, VA?

Roanoke, VA has a Cost of Living Index of 100, which is exactly the national average, meaning expenses are neither significantly higher nor lower than the U.S. average.

How many people work in All Occupations in Roanoke, VA?

The total local workforce in Roanoke, VA is 152,120, with the concentration of All Occupations jobs aligning with the national average.

Does experience matter for salaries in Roanoke, VA?

Yes, like most markets, experience plays a significant role in salary. Entry-level positions typically earn less, while senior roles command higher compensation, 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 152,120 employees in the Roanoke, VA area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.