Average All Occupations Salary in Staunton-Stuarts Draft, VA
The average annual salary for All Occupations in Staunton-Stuarts Draft, VA stands at $54,180, which is notably below the national average of $67,140. This disparity is often influenced by regional economic factors, industry concentration, and the overall demand for labor within the specific geographic area.
Executive Summary
- Average Salary: $54,180 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $87,500.
- Outlook: With a total local workforce of 50,510 and a Location Quotient of 1.0, Staunton-Stuarts Draft, VA presents a job market that mirrors the national average in terms of occupational concentration. The presence of 1,000 jobs per 1,000 workers indicates a stable employment landscape, suggesting consistent demand for a broad range of professions within the community.
Salary Overview
The average All Occupations in Staunton-Stuarts Draft, VA earns-19.3%below the national average.
$26.1
$1,042
$4,515
All Occupations Salary Trends (2020-2024)
While specific historical data for Staunton-Stuarts Draft, VA is not provided, it is generally assumed that salaries for All Occupations across the nation have experienced a gradual upward trend over the past four years, driven by inflation, evolving market demands, and economic growth. This suggests that local wages in Staunton-Stuarts Draft, VA have likely seen modest increases, keeping pace with broader economic shifts.
All Occupations Salary Distribution in Staunton-Stuarts Draft, VA
Salary progression in All Occupations typically scales significantly with experience. Entry-level positions often represent the lower end of the pay scale, while senior roles, demanding specialized skills and extensive experience, command substantially higher compensation. The percentile gaps in salary distributions clearly signify the career progression and increased earning potential available to dedicated professionals.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $27,860 | $13.4 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $40,635 | $19.5 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $46,140 | $22.2 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $67,725 | $32.6 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $87,500 | $42.1 |
Detailed All Occupations Market Analysis
Relocation Context
Nominal Salary
$54,180
Gross Pay
Real Wage (Purchasing Power)
$54,180
Adjusted for COL (100)
The nominal average salary of $54,180 in Staunton-Stuarts Draft, VA aligns perfectly with the local Cost of Living Index of 100, which is also the national average. This means that the purchasing power of the average salary in this area 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
50,510
Total Jobs
1000
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Staunton-Stuarts Draft, VA 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 Staunton-Stuarts Draft, VA indicates that the concentration of these jobs in the area is precisely at the national average. This suggests a balanced job market where the availability of these roles is neither exceptionally high nor low compared to the rest of the country, implying a standard level of competition and opportunity.
Nearby Job Markets
Nearby Cities for All Occupations
| City | Salary | Dist. |
|---|---|---|
| Harrisonburg, VA All Occupations Salary | $55,750↑ 3% | 22 mi |
| Charlottesville, VA All Occupations Salary | $71,000↑ 31% | 32 mi |
| Lynchburg, VA All Occupations Salary | $56,330↑ 4% | 53 mi |
| Southside Virginia nonmetropolitan area All Occupations Salary | $52,450↓ 3% | 56 mi |
| Northern West Virginia nonmetropolitan area All Occupations Salary | $51,540↓ 5% | 56 mi |
Comparing salaries near Staunton-Stuarts Draft, VA
Hiring All Occupationss?
Frequently Asked Questions
How much does a All Occupations make in Staunton-Stuarts Draft, VA?
The median annual salary for a All Occupations in Staunton-Stuarts Draft, VA is $54,180. This typically ranges from $27,860 for entry-level positions to $87,500 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Staunton-Stuarts Draft, VA is 19.3% lower than the national median of $67,140.
Is Staunton-Stuarts Draft, VA a lucrative place for All Occupationss?
No, not exceptionally lucrative compared to the national average.The average salary of $54,180 is below the national average of $67,140, although the cost of living is also at the national average.
Is Staunton-Stuarts Draft, VA a good place to live for All Occupations?
The Cost of Living Index in Staunton-Stuarts Draft, VA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Staunton-Stuarts Draft, VA?
Some top paying nearby cities include Harrisonburg, VA ($55,750) and Charlottesville, VA.
How does the Staunton-Stuarts Draft, VA salary compare to the national average?
The average annual salary for All Occupations in Staunton-Stuarts Draft, VA is $54,180, which is $13,000 less than the national average of $67,140.
What is the Cost of Living in Staunton-Stuarts Draft, VA?
The Cost of Living Index in Staunton-Stuarts Draft, VA is 100, which is exactly the national average.
How large is the workforce in Staunton-Stuarts Draft, VA?
The total local workforce in Staunton-Stuarts Draft, VA comprises 50,510 individuals.
What does a Location Quotient of 1.0 mean for All Occupations in Staunton-Stuarts Draft, VA?
A Location Quotient of 1.0 signifies that the concentration of All Occupations jobs in Staunton-Stuarts Draft, VA is equivalent to the national average, indicating a standard level of job availability and competition.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 50,510 employees in the Staunton-Stuarts Draft, VA 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 Staunton-Stuarts Draft, VA