Average All Occupations Salary in Southern Vermont nonmetropolitan area
In the Southern Vermont nonmetropolitan area, the average annual salary for All Occupations stands at $62,470. This figure is slightly below the national average of $67,140, a common trend in nonmetropolitan regions where economic drivers and industry concentration may differ from larger urban centers. Localized economic factors and the specific demand within the region contribute to this pay scale.
Executive Summary
- Average Salary: $62,470 per year.
- Growth Trend: Salaries have shifted 20.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $100,910.
- Outlook: With a substantial local workforce of 84,580 individuals, the All Occupations sector in Southern Vermont demonstrates a significant presence. A Location Quotient of 1 indicates that the concentration of these jobs aligns precisely with the national average, suggesting a stable and balanced job market that mirrors national employment patterns for this broad occupational category.
Salary Overview
The average All Occupations in Southern Vermont nonmetropolitan area earns-7.0%below the national average.
$30
$1,201
$5,206
All Occupations Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume that salaries for All Occupations in Southern Vermont have experienced gradual growth over the past four years, mirroring national trends. Economic development initiatives and inflation typically drive modest annual increases in compensation across most sectors.
All Occupations Salary Distribution in Southern Vermont nonmetropolitan area
Salary progression for All Occupations in Southern Vermont, as elsewhere, is typically tied to experience and skill development. Entry-level positions will likely fall within the lower percentiles of the $62,470 average, while senior roles and specialized positions will command salaries in the higher percentiles, reflecting increased responsibility and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $33,890 | $16.3 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $46,853 | $22.5 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $49,440 | $23.8 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $78,088 | $37.5 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $100,910 | $48.5 |
Detailed All Occupations Market Analysis
Relocation Context
Nominal Salary
$62,470
Gross Pay
Real Wage (Purchasing Power)
$62,470
Adjusted for COL (100)
The nominal average annual salary of $62,470 in Southern Vermont aligns perfectly with the national average cost of living index of 100. This suggests that the purchasing power of the average salary in this region is comparable to the national average, offering a stable financial environment for residents.
Job Market Context
84,580
Total Jobs
1000
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Southern Vermont 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 Southern Vermont signifies that the job market's concentration is exactly in line with the national average. This indicates neither an oversupply nor a significant undersupply of workers in this broad category, suggesting a competitive yet accessible job market for those entering or established in these roles.
Nearby Job Markets
Nearby Cities for All Occupations
| City | Salary | Dist. |
|---|---|---|
| Burlington-South Burlington, VT All Occupations Salary | $71,330↑ 14% | 40 mi |
| Glens Falls, NY All Occupations Salary | $61,370↓ 2% | 69 mi |
| Central New Hampshire nonmetropolitan area All Occupations Salary | $61,170↓ 2% | 70 mi |
| Northern New Hampshire nonmetropolitan area All Occupations Salary | $66,460↑ 6% | 70 mi |
| Southwestern New Hampshire nonmetropolitan area All Occupations Salary | $61,090↓ 2% | 70 mi |
Comparing salaries near Southern Vermont nonmetropolitan area
Hiring All Occupationss?
Frequently Asked Questions
How much does a All Occupations make in Southern Vermont nonmetropolitan area?
The median annual salary for a All Occupations in Southern Vermont nonmetropolitan area is $62,470. This typically ranges from $33,890 for entry-level positions to $100,910 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southern Vermont nonmetropolitan area is 7.0% lower than the national median of $67,140.
Is Southern Vermont nonmetropolitan area a lucrative place for All Occupationss?
No, not exceptionally lucrative compared to the national average.The average salary of $62,470 is below the national average of $67,140, though the cost of living is on par. This suggests that while your money may go as far, the overall earning potential is slightly diminished.
Is Southern Vermont nonmetropolitan area a good place to live for All Occupations?
The Cost of Living Index in Southern Vermont nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southern Vermont nonmetropolitan area?
Some top paying nearby cities include Burlington-South Burlington, VT ($71,330) and Glens Falls, NY.
How does the cost of living in Southern Vermont compare to the national average?
The cost of living index in Southern Vermont is 100, which is exactly the national average. This means that, on average, goods and services cost the same in this region as they do across the United States.
What is the total workforce size for All Occupations in Southern Vermont?
The total local workforce for All Occupations in Southern Vermont comprises 84,580 individuals, indicating a significant labor pool within the region.
How concentrated are All Occupations jobs in Southern Vermont compared to the rest of the country?
The concentration of All Occupations jobs in Southern Vermont, measured by the Location Quotient, is 1. This means the proportion of these jobs in the region is identical to the national proportion.
What does a Location Quotient of 1 signify for job seekers?
A Location Quotient of 1 suggests that the job market for All Occupations in Southern Vermont is neither particularly specialized nor lacking in comparison to the national landscape, indicating a balanced level of demand and supply.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 84,580 employees in the Southern Vermont 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.
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Semantic Salary Analysis for All Occupations • Data source: BLS OEWS 2024 •Jobs in Southern Vermont nonmetropolitan area