SalaryNode

Average All Occupations Salary in Southwest Alabama nonmetropolitan area

In Southwest Alabama's nonmetropolitan area, the average annual salary for all occupations stands at $47,880. This figure is notably lower than the national average of $67,140, reflecting the economic landscape and industry concentration typical of nonmetropolitan regions. Factors such as industry mix and local demand significantly influence compensation levels in this specific geographic area.

Executive Summary

  • Average Salary: $47,880 per year.
  • Growth Trend: Salaries have shifted 18.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $80,560.
  • Outlook: With a substantial local workforce of 64,630 individuals, Southwest Alabama's job market demonstrates a significant presence. The location quotient of 1.0 indicates that the concentration of jobs in this region is precisely at the national average, suggesting a stable and balanced employment environment. This equilibrium points to a consistent demand for labor across various sectors within the area.
2024 Market Data

Salary Overview

$47,880

The average All Occupations in Southwest Alabama nonmetropolitan area earns-28.7%below the national average.

BreakdownBased on 40h/week
Hourly

$23

Weekly

$921

Monthly

$3,990

All Occupations Salary Distribution in Southwest Alabama nonmetropolitan area

Salary progression in Southwest Alabama, like elsewhere, is strongly tied to experience and skill development. Entry-level positions typically command lower wages, while senior roles requiring specialized expertise and extensive experience can see significantly higher compensation. The widening gap between entry-level and senior salaries reflects the career advancement opportunities and the increasing value placed on seasoned professionals within the local workforce.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$22,220$10.7
ExperiencedProficient professional working independently.25% (Junior)$35,910$17.3
Mid-LevelEstablished expert. Standard market value.50% (Median)$38,690$18.6
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$59,850$28.8
Top TierIndustry leader / Executive level compensation.90% (Expert)$80,560$38.7

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$47,880

Gross Pay

Real Wage (Purchasing Power)

$47,880

Adjusted for COL (100)

The nominal average annual salary of $47,880 in Southwest Alabama aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of the local salary is equivalent to the national standard, suggesting that the cost of goods and services is neither exceptionally high nor low relative to the rest of the country. Therefore, the take-home pay offers a comparable standard of living to the national average.

Job Market Context

64,630

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Southwest Alabama nonmetropolitan area 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 Southwest Alabama signifies that the concentration of jobs in this sector is exactly in line with the national average. This indicates a balanced job market where the availability of positions closely matches the national distribution. It suggests neither an oversupply nor a significant undersupply of workers relative to job openings, pointing to a stable and predictable employment landscape.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Southwest Alabama nonmetropolitan area

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Southwest Alabama nonmetropolitan area?

The median annual salary for a All Occupations in Southwest Alabama nonmetropolitan area is $47,880. This typically ranges from $22,220 for entry-level positions to $80,560 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southwest Alabama nonmetropolitan area is 28.7% lower than the national median of $67,140.

Is Southwest Alabama nonmetropolitan area a lucrative place for All Occupationss?

No, it is not a particularly lucrative place for All Occupationss.The average salary of $47,880 is significantly below the national average of $67,140, indicating lower earning potential. While the cost of living is average, the nominal salary does not offer a substantial financial advantage.

Is Southwest Alabama nonmetropolitan area a good place to live for All Occupations?

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

Where are the highest paying cities near Southwest Alabama nonmetropolitan area?

Some top paying nearby cities include Montgomery, AL ($53,720) and Birmingham, AL.

How does Southwest Alabama's average salary compare to the national average?

The average annual salary in Southwest Alabama is $47,880, which is considerably lower than the national average of $67,140.

What is the cost of living in Southwest Alabama?

The cost of living in Southwest Alabama is at the national average, with an index of 100.

How large is the workforce in Southwest Alabama?

Southwest Alabama has a total local workforce of 64,630 individuals.

What does a location quotient of 1 mean for Southwest Alabama?

A location quotient of 1 means that the concentration of jobs in Southwest Alabama is exactly at the national average, indicating a balanced job market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 64,630 employees in the Southwest Alabama 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.