SalaryNode

Average All Occupations Salary in Salem, OR

In Salem, Oregon, the average annual salary for All Occupations stands at $65,560. This figure is slightly below the national average of $67,140, reflecting a nuanced economic landscape. Localized economic factors, industry concentrations, and the overall demand within the Salem metropolitan area contribute to this specific compensation benchmark.

Executive Summary

  • Average Salary: $65,560 per year.
  • Growth Trend: Salaries have shifted 24.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $114,000.
  • Outlook: Salem, OR boasts a substantial workforce of 186,340 individuals, indicating a significant labor market. With a Location Quotient of 1.0 for All Occupations, the concentration of these roles aligns precisely with the national average, suggesting a stable and well-established presence of these professions within the local economy. The consistent job availability per 1,000 workers further underscores the steady demand for a diverse range of occupations.
2024 Market Data

Salary Overview

$65,560

The average All Occupations in Salem, OR earns-2.4%below the national average.

BreakdownBased on 40h/week
Hourly

$31.5

Weekly

$1,261

Monthly

$5,463

All Occupations Salary Distribution in Salem, OR

Salary progression for All Occupations in Salem, OR, like elsewhere, is strongly correlated with experience and skill level. Entry-level positions typically command salaries at the lower end of the spectrum, while senior and highly specialized roles can significantly exceed the average. The widening gap between entry-level and senior salaries, often seen across different pay percentiles, clearly signifies substantial career advancement opportunities and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$33,500$16.1
ExperiencedProficient professional working independently.25% (Junior)$49,170$23.6
Mid-LevelEstablished expert. Standard market value.50% (Median)$50,810$24.4
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$81,950$39.4
Top TierIndustry leader / Executive level compensation.90% (Expert)$114,000$54.8

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$65,560

Gross Pay

Real Wage (Purchasing Power)

$65,560

Adjusted for COL (100)

The nominal average salary of $65,560 in Salem, OR, when considered against a Cost of Living Index of 100, indicates that the purchasing power of this income is on par with the national average. This means that, on average, residents can expect their earnings to cover essential expenses and discretionary spending at a rate consistent with the rest of the country, offering a balanced financial environment for its workforce.

Job Market Context

186,340

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Salem, OR 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 Salem, OR, signifies that the representation of these jobs within the local workforce is exactly in line with the national average. This suggests a balanced and competitive job market where the availability of these roles is neither exceptionally concentrated nor notably scarce compared to national trends, indicating a steady and predictable level of demand and supply.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Salem, OR

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Salem, OR?

The median annual salary for a All Occupations in Salem, OR is $65,560. This typically ranges from $33,500 for entry-level positions to $114,000 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Salem, OR is 2.4% lower than the national median of $67,140.

Is Salem, OR a lucrative place for All Occupationss?

No, not exceptionally lucrative compared to the national average.The average salary of $65,560 is slightly below the national average of $67,140, and the cost of living is exactly at the national average. This indicates a stable but not significantly higher earning potential for All Occupations in Salem.

Is Salem, OR a good place to live for All Occupations?

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

Where are the highest paying cities near Salem, OR?

Some top paying nearby cities include Albany, OR ($59,220) and Corvallis, OR.

How does the cost of living in Salem, OR compare to the national average?

Salem, OR has a Cost of Living Index of 100, which is exactly the same as the national average. This means that the general cost of goods and services is comparable to the rest of the country.

What is the total workforce size in Salem, OR?

The total local workforce in Salem, OR is 186,340 individuals, indicating a substantial labor pool available in the area.

Does the Location Quotient of 1.0 suggest high demand for All Occupations in Salem, OR?

A Location Quotient of 1.0 means the concentration of All Occupations in Salem is the same as the national average. It suggests a stable presence rather than exceptionally high demand or undersupply.

How does experience affect salaries for All Occupations in Salem, OR?

Experience significantly impacts salaries, with entry-level roles earning less than the average and senior positions commanding higher compensation, reflecting a clear career progression path.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 186,340 employees in the Salem, OR area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.