Average All Occupations Salary in Springfield, MA
The average annual salary for All Occupations in Springfield, MA stands at $66,030, a figure slightly below the national average of $67,140. This marginal difference suggests that while Springfield offers competitive compensation, local economic factors and industry specific demands may slightly temper overall pay compared to the broader U.S. landscape. Understanding these nuances is key for professionals navigating the Springfield job market.
Executive Summary
- Average Salary: $66,030 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $107,950.
- Outlook: With a substantial local workforce of 198,740 individuals, Springfield, MA demonstrates a significant labor market presence. The Location Quotient of 1.0 indicates that the concentration of All Occupations in Springfield is precisely in line with the national average, suggesting a stable and balanced demand for these roles within the region's economy.
Salary Overview
The average All Occupations in Springfield, MA earns-1.7%below the national average.
$31.8
$1,270
$5,503
All Occupations Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for All Occupations in Springfield, MA have experienced gradual growth over the past four years, mirroring national trends. Economic development and inflation typically drive modest annual increases, ensuring that compensation keeps pace with the evolving cost of living and market demands.
All Occupations Salary Distribution in Springfield, MA
Salary progression for All Occupations in Springfield, MA, like elsewhere, is strongly tied to experience and skill level. Entry-level positions typically command lower salaries, while senior roles requiring extensive expertise and leadership responsibilities see significantly higher compensation. The widening gap between entry-level and senior salaries reflects the career advancement opportunities available within the local job market.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $34,220 | $16.5 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $49,523 | $23.8 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $49,710 | $23.9 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $82,538 | $39.7 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $107,950 | $51.9 |
Detailed All Occupations Market Analysis
Relocation Context
Nominal Salary
$66,030
Gross Pay
Real Wage (Purchasing Power)
$66,030
Adjusted for COL (100)
Springfield, MA presents a neutral cost of living, with an index of 100, matching the national average. This means the average annual salary of $66,030 in Springfield holds its purchasing power directly in line with the national average. Consequently, relocating to Springfield for a similar role offers no immediate cost-of-living advantage or disadvantage regarding salary.
Job Market Context
198,740
Total Jobs
1000
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Springfield, MA 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 Springfield, MA signifies that the proportion of these jobs within the local workforce is identical to the national average. This suggests a well-established and balanced job market, neither overly saturated nor experiencing a significant shortage of talent for these roles, indicating a steady level of competition and opportunity.
Nearby Job Markets
Nearby Cities for All Occupations
| City | Salary | Dist. |
|---|---|---|
| Amherst Town-Northampton, MA All Occupations Salary | $68,940↑ 4% | 18 mi |
| Hartford-West Hartford-East Hartford, CT All Occupations Salary | $75,170↑ 14% | 25 mi |
| Connecticut nonmetropolitan area All Occupations Salary | $63,250↓ 4% | 37 mi |
| Worcester, MA All Occupations Salary | $70,980↑ 7% | 39 mi |
| Pittsfield, MA All Occupations Salary | $67,290↑ 2% | 44 mi |
Comparing salaries near Springfield, MA
Hiring All Occupationss?
Frequently Asked Questions
How much does a All Occupations make in Springfield, MA?
The median annual salary for a All Occupations in Springfield, MA is $66,030. This typically ranges from $34,220 for entry-level positions to $107,950 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Springfield, MA is 1.7% lower than the national median of $67,140.
Is Springfield, MA a lucrative place for All Occupationss?
No, not significantly more lucrative than the national average.The average salary of $66,030 is slightly below the national average, and the cost of living is exactly at the national average. This indicates a balanced, but not exceptionally high-paying, market for All Occupations.
Is Springfield, MA a good place to live for All Occupations?
The Cost of Living Index in Springfield, MA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Springfield, MA?
Some top paying nearby cities include Amherst Town-Northampton, MA ($68,940) and Hartford-West Hartford-East Hartford, CT.
How does the cost of living in Springfield, MA compare to the national average?
Springfield, MA has a Cost of Living Index of 100, which is exactly the national average. This means that the general cost of goods and services is comparable to the rest of the United States.
What is the total workforce size in Springfield, MA?
The total local workforce in Springfield, MA is 198,740 individuals, indicating a substantial labor pool.
How concentrated are 'All Occupations' jobs in Springfield, MA?
The Location Quotient for 'All Occupations' in Springfield, MA is 1.0, which means the concentration of these jobs is exactly at the national average.
Are there many job opportunities for 'All Occupations' in Springfield, MA?
With 1000 jobs per 1,000 workers, the number of 'All Occupations' jobs is aligned with the national average, suggesting a stable and consistent level of demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 198,740 employees in the Springfield, MA 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 Springfield, MA