SalaryNode

Average All Occupations Salary in South Nebraska nonmetropolitan area

The average annual salary for All Occupations in the South Nebraska nonmetropolitan area is $53,260. This figure is notably lower than the national average of $67,140, reflecting the economic dynamics and potentially lower demand for certain roles in nonmetropolitan regions. Localized economic factors and industry concentrations significantly influence compensation levels.

Executive Summary

  • Average Salary: $53,260 per year.
  • Growth Trend: Salaries have shifted 20.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $82,830.
  • Outlook: With a substantial local workforce of 153,830 individuals, the South Nebraska nonmetropolitan area demonstrates a significant labor market presence. The Location Quotient of 1 indicates that the concentration of All Occupations in this region is on par with the national average, suggesting a stable, albeit not exceptionally concentrated, demand for these roles within the local economy.
2024 Market Data

Salary Overview

$53,260

The average All Occupations in South Nebraska nonmetropolitan area earns-20.7%below the national average.

BreakdownBased on 40h/week
Hourly

$25.6

Weekly

$1,024

Monthly

$4,438

All Occupations Salary Distribution in South Nebraska nonmetropolitan area

Salary progression for All Occupations in South Nebraska nonmetropolitan area typically scales with experience. Entry-level positions may start at the lower end of the pay scale, while senior or highly specialized roles command significantly higher compensation. The widening gap between entry-level and senior salaries signifies clear career advancement opportunities and the increasing value placed on expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$27,980$13.5
ExperiencedProficient professional working independently.25% (Junior)$39,945$19.2
Mid-LevelEstablished expert. Standard market value.50% (Median)$45,400$21.8
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$66,575$32
Top TierIndustry leader / Executive level compensation.90% (Expert)$82,830$39.8

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$53,260

Gross Pay

Real Wage (Purchasing Power)

$53,260

Adjusted for COL (100)

The nominal average annual salary of $53,260 in South Nebraska nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This suggests that while the take-home pay is lower than the national average, the purchasing power of this salary is equivalent to the national average, making the cost of living a neutral factor in assessing the real value of the salary.

Job Market Context

153,830

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, South Nebraska nonmetropolitan area has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.

A Location Quotient of 1 for All Occupations in South Nebraska nonmetropolitan area signifies that the proportion of these jobs within the local workforce is exactly the same as the national average. This indicates a balanced job market where the supply and demand for All Occupations are neither exceptionally high nor low compared to the rest of the country.

Nearby Job Markets

Nearby Cities for All Occupations

CitySalaryDist.
Grand Island, NE All Occupations Salary$55,670 5%15 mi
Lincoln, NE All Occupations Salary$60,980 14%86 mi

Comparing salaries near South Nebraska nonmetropolitan area

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in South Nebraska nonmetropolitan area?

The median annual salary for a All Occupations in South Nebraska nonmetropolitan area is $53,260. This typically ranges from $27,980 for entry-level positions to $82,830 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in South Nebraska nonmetropolitan area is 20.7% lower than the national median of $67,140.

Is South Nebraska nonmetropolitan area a lucrative place for All Occupationss?

No, not exceptionally lucrative compared to the national average.The average salary of $53,260 is significantly below the national average of $67,140. However, the cost of living is also at the national average, meaning the purchasing power is comparable.

Is South Nebraska nonmetropolitan area a good place to live for All Occupations?

The Cost of Living Index in South Nebraska nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near South Nebraska nonmetropolitan area?

Some top paying nearby cities include Grand Island, NE ($55,670) and Lincoln, NE.

How does the total workforce size impact job prospects?

A large workforce of 153,830 indicates a substantial labor pool and a mature job market for All Occupations in South Nebraska nonmetropolitan area.

What does a Location Quotient of 1 mean for job seekers?

A Location Quotient of 1 suggests that the concentration of All Occupations jobs in this area is typical nationwide, implying a stable but not booming job market for these roles.

How does the cost of living affect the salary's real value?

With a Cost of Living Index of 100, the $53,260 salary offers purchasing power equivalent to the national average, offsetting the lower nominal wage.

Are there significant salary differences based on experience for All Occupations in this region?

Yes, experience typically leads to higher salaries, with substantial increases from entry-level to senior positions, reflecting career growth potential.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 153,830 employees in the South Nebraska nonmetropolitan area area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.