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Average All Occupations Salary in Southwest Iowa nonmetropolitan area

In the Southwest Iowa nonmetropolitan area, the average annual salary for All Occupations stands at $52,170. This figure is notably lower than the national average of $67,140, reflecting the economic landscape and specific industry demands prevalent in nonmetropolitan regions. Factors such as local industry concentration and the overall economic drivers of the area contribute to this salary differential.

Executive Summary

  • Average Salary: $52,170 per year.
  • Growth Trend: Salaries have shifted 20.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $81,120.
  • Outlook: With a substantial local workforce of 73,450 individuals and a Location Quotient of 1, the job market for All Occupations in Southwest Iowa is stable and mirrors national employment patterns. The presence of 1000 jobs per 1,000 workers indicates a consistent demand for labor that aligns with the broader economic activity of the region, suggesting a predictable employment environment.
2024 Market Data

Salary Overview

$52,170

The average All Occupations in Southwest Iowa nonmetropolitan area earns-22.3%below the national average.

BreakdownBased on 40h/week
Hourly

$25.1

Weekly

$1,003

Monthly

$4,348

All Occupations Salary Distribution in Southwest Iowa nonmetropolitan area

Salary progression for All Occupations in Southwest Iowa typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with specialized skills and extensive experience can command significantly higher salaries. The percentile gaps between entry-level, mid-career, and senior roles highlight clear opportunities for career advancement and increased earning potential within the region.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$27,150$13.1
ExperiencedProficient professional working independently.25% (Junior)$39,128$18.8
Mid-LevelEstablished expert. Standard market value.50% (Median)$45,700$22
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$65,213$31.4
Top TierIndustry leader / Executive level compensation.90% (Expert)$81,120$39

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$52,170

Gross Pay

Real Wage (Purchasing Power)

$52,170

Adjusted for COL (100)

The nominal average annual salary of $52,170 in Southwest Iowa nonmetropolitan area 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 average, suggesting that the cost of goods and services, housing, and everyday expenses are neither significantly higher nor lower than the typical American experience.

Job Market Context

73,450

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Southwest Iowa 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 Southwest Iowa indicates that the concentration of these jobs in the region is precisely at the national average. This suggests a balanced job market where the availability of workers closely matches the demand for these roles, implying a competitive but not overly saturated employment landscape.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Southwest Iowa nonmetropolitan area

Hiring All Occupationss?

Frequently Asked Questions

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

The median annual salary for a All Occupations in Southwest Iowa nonmetropolitan area is $52,170. This typically ranges from $27,150 for entry-level positions to $81,120 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southwest Iowa nonmetropolitan area is 22.3% lower than the national median of $67,140.

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

No, not exceptionally lucrative compared to national averages.The average salary of $52,170 is below the national average, although the cost of living is also at the national average, making purchasing power comparable.

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

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

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

Some top paying nearby cities include Ames, IA ($60,360) and Des Moines-West Des Moines, IA.

How does the local workforce size impact job opportunities?

A large workforce of 73,450 suggests a robust labor pool, which can indicate both a competitive job market and a stable demand for various occupations within Southwest Iowa.

What does a Location Quotient of 1 signify?

A Location Quotient of 1 means that the proportion of All Occupations jobs in Southwest Iowa is the same as the national average, indicating a standard level of concentration for these roles.

How does the cost of living affect the $52,170 salary?

With a Cost of Living Index of 100, the $52,170 salary offers purchasing power equivalent to the national average, meaning expenses are neither unusually high nor low.

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

Yes, as with most fields, experience plays a crucial role, with entry-level positions earning less and senior roles commanding higher salaries, reflecting a typical career progression.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 73,450 employees in the Southwest Iowa 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.