SalaryNode

Average All Occupations Salary in Springfield, OH

The average annual salary for All Occupations in Springfield, OH stands at $54,420, which is notably below the national average of $67,140. This disparity is often influenced by local economic factors, industry concentration, and the overall demand for specific skill sets within the Springfield metropolitan area.

Executive Summary

  • Average Salary: $54,420 per year.
  • Growth Trend: Salaries have shifted 22.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $90,020.
  • Outlook: With a substantial local workforce of 47,300 individuals, Springfield, OH presents a significant labor market. The Location Quotient of 1.0 indicates that the concentration of All Occupations in Springfield is on par with the national average, suggesting a stable, albeit not exceptionally concentrated, demand for these roles within the region.
2024 Market Data

Salary Overview

$54,420

The average All Occupations in Springfield, OH earns-18.9%below the national average.

BreakdownBased on 40h/week
Hourly

$26.2

Weekly

$1,047

Monthly

$4,535

All Occupations Salary Distribution in Springfield, OH

Salary progression for All Occupations in Springfield, OH typically sees a significant increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior or highly specialized roles can command salaries substantially higher than the average. The widening gap between entry-level and senior percentile salaries signifies clear opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$27,630$13.3
ExperiencedProficient professional working independently.25% (Junior)$40,815$19.6
Mid-LevelEstablished expert. Standard market value.50% (Median)$44,700$21.5
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$68,025$32.7
Top TierIndustry leader / Executive level compensation.90% (Expert)$90,020$43.3

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$54,420

Gross Pay

Real Wage (Purchasing Power)

$54,420

Adjusted for COL (100)

The nominal average salary of $54,420 in Springfield, OH aligns precisely with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of an All Occupations salary in Springfield is equivalent to the national average, suggesting that the cost of essential goods and services is neither a significant advantage nor a disadvantage for residents.

Job Market Context

47,300

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Springfield, OH 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, OH signifies that the employment concentration for these roles is exactly at the national average. This indicates a balanced job market where the availability of All Occupations roles is neither exceptionally scarce nor overly abundant compared to the rest of the country, suggesting a competitive but stable hiring environment.

Nearby Job Markets

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Springfield, OH?

The median annual salary for a All Occupations in Springfield, OH is $54,420. This typically ranges from $27,630 for entry-level positions to $90,020 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Springfield, OH is 18.9% lower than the national median of $67,140.

Is Springfield, OH a lucrative place for All Occupationss?

No, not exceptionally lucrative compared to national averages.While the cost of living is average, the average salary for All Occupations is significantly lower than the national benchmark. This suggests that while your money may go as far, the total income earned is less.

Is Springfield, OH a good place to live for All Occupations?

The Cost of Living Index in Springfield, OH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Springfield, OH?

Some top paying nearby cities include Dayton-Kettering-Beavercreek, OH ($64,300) and Columbus, OH.

How does the total workforce size impact job availability for All Occupations in Springfield, OH?

A large workforce of 47,300 suggests a robust local economy with diverse employment opportunities, though the specific demand for All Occupations is indicated by the Location Quotient.

What does a Location Quotient of 1.0 mean for All Occupations in Springfield, OH?

It means that the proportion of All Occupations jobs in Springfield is the same as the national average, indicating a standard level of industry presence and demand.

How does the Cost of Living Index affect the $54,420 salary in Springfield, OH?

With a Cost of Living Index of 100, the $54,420 salary has average purchasing power, meaning it can afford the national average cost of goods and services.

Are there significant salary differences between entry-level and senior All Occupations roles in Springfield, OH?

Yes, career progression typically leads to substantial salary increases, with senior roles commanding significantly higher compensation than entry-level positions.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 47,300 employees in the Springfield, OH area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.