SalaryNode

Average All Occupations Salary in Sioux City, IA-NE-SD

In Sioux City, IA-NE-SD, the average annual salary for All Occupations stands at $54,640, which is notably below the national average of $67,140. This disparity is often influenced by regional economic factors, industry concentration, and the specific demand dynamics within the local job market. The cost of living in Sioux City aligns perfectly with the national average, suggesting that while nominal wages are lower, purchasing power may be relatively stable.

Executive Summary

  • Average Salary: $54,640 per year.
  • Growth Trend: Salaries have shifted 19.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $85,220.
  • Outlook: Sioux City boasts a substantial local workforce of 75,270 individuals, with 1,000 jobs per thousand workers indicating a solid presence of employment opportunities. The Location Quotient of 1.0 for All Occupations signifies that the concentration of these jobs in Sioux City is precisely in line with the national average. This suggests a stable, albeit not exceptionally concentrated, demand for a broad range of professions within the region.
2024 Market Data

Salary Overview

$54,640

The average All Occupations in Sioux City, IA-NE-SD earns-18.6%below the national average.

BreakdownBased on 40h/week
Hourly

$26.3

Weekly

$1,051

Monthly

$4,553

All Occupations Salary Distribution in Sioux City, IA-NE-SD

Salary progression within 'All Occupations' in Sioux City, like elsewhere, is significantly influenced by experience and specialization. Entry-level positions will naturally command lower salaries, often falling into the lower percentiles, while senior roles requiring extensive expertise and leadership responsibilities will occupy the higher salary percentiles. The widening gap between entry-level and senior compensation reflects the value placed on accumulated skills and proven performance.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$28,700$13.8
ExperiencedProficient professional working independently.25% (Junior)$40,980$19.7
Mid-LevelEstablished expert. Standard market value.50% (Median)$45,930$22.1
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$68,300$32.8
Top TierIndustry leader / Executive level compensation.90% (Expert)$85,220$41

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$54,640

Gross Pay

Real Wage (Purchasing Power)

$54,640

Adjusted for COL (100)

The nominal average salary of $54,640 in Sioux City, IA-NE-SD, is directly comparable to the national average cost of living index of 100. This means that the purchasing power of the average salary in Sioux City is effectively on par with the national average. While the absolute salary figure is lower than the national average, the equivalent cost of living suggests that residents can maintain a similar standard of living.

Job Market Context

75,270

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Sioux City, IA-NE-SD 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 Sioux City indicates that the proportion of these jobs within the local economy is exactly the same as the national average. This suggests a balanced job market where demand for a wide array of roles is present but not disproportionately concentrated compared to other regions. It implies a competitive but accessible employment landscape for a diverse set of professionals.

Nearby Job Markets

Nearby Cities for All Occupations

CitySalaryDist.
Sioux Falls, SD-MN All Occupations Salary$58,800 8%74 mi
Omaha, NE-IA All Occupations Salary$62,900 15%87 mi

Comparing salaries near Sioux City, IA-NE-SD

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Sioux City, IA-NE-SD?

The median annual salary for a All Occupations in Sioux City, IA-NE-SD is $54,640. This typically ranges from $28,700 for entry-level positions to $85,220 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Sioux City, IA-NE-SD is 18.6% lower than the national median of $67,140.

Is Sioux City, IA-NE-SD a lucrative place for All Occupationss?

No, not exceptionally lucrative compared to national averages.The average salary of $54,640 is significantly lower than the national average of $67,140. However, the cost of living is also at the national average, meaning purchasing power is comparable.

Is Sioux City, IA-NE-SD a good place to live for All Occupations?

The Cost of Living Index in Sioux City, IA-NE-SD is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Sioux City, IA-NE-SD?

Some top paying nearby cities include Sioux Falls, SD-MN ($58,800) and Omaha, NE-IA.

How does the Sioux City salary compare to the national average?

The average annual salary for All Occupations in Sioux City is $54,640, which is $12,500 less than the national average of $67,140.

What is the cost of living in Sioux City, IA-NE-SD?

Sioux City's cost of living index is 100, which is exactly the national average, indicating that the general price level for goods and services is consistent with the rest of the country.

How large is the workforce in Sioux City?

Sioux City has a total local workforce of 75,270 individuals, with 1,000 jobs available per thousand workers, suggesting a robust employment base.

Is there high demand for 'All Occupations' in Sioux City?

The Location Quotient of 1.0 suggests that the concentration of 'All Occupations' jobs in Sioux City is in line with the national average, indicating a stable but not unusually high demand.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 75,270 employees in the Sioux City, IA-NE-SD area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.