Average All Occupations Salary in Winston-Salem, NC
In Winston-Salem, NC, the average annual salary for All Occupations stands at $58,680. This figure is notably below the national average of $67,140, suggesting that local economic factors and industry demands in Winston-Salem contribute to a different compensation landscape. Understanding these local nuances is crucial for anyone considering employment or career advancement in the area.
Executive Summary
- Average Salary: $58,680 per year.
- Growth Trend: Salaries have shifted 18.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $100,930.
- Outlook: Winston-Salem boasts a substantial local workforce of 273,340 individuals, indicating a significant labor market. With a Location Quotient of 1, the concentration of All Occupations jobs aligns precisely with the national average, suggesting a stable and balanced demand for these roles within the city's economy. This equilibrium points to a robust, albeit not rapidly expanding, job market for a wide range of professions.
Salary Overview
The average All Occupations in Winston-Salem, NC earns-12.6%below the national average.
$28.2
$1,128
$4,890
All Occupations Salary Trends (2020-2024)
While specific historical data for All Occupations in Winston-Salem over the past four years is not provided, it is reasonable to assume a general trend of salary growth mirroring national patterns. Economic shifts, inflation, and evolving market demands typically drive incremental increases in compensation across most sectors over time, suggesting that the $58,680 average may have seen modest upward movement.
All Occupations Salary Distribution in Winston-Salem, NC
Salary progression in All Occupations is typically tied to experience and skill development. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with specialized expertise can command significantly higher salaries. The widening gap between entry-level and senior-level compensation reflects the value placed on experience, leadership, and advanced proficiencies within the Winston-Salem job market.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $27,200 | $13.1 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $44,010 | $21.2 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $45,050 | $21.7 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $73,350 | $35.3 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $100,930 | $48.5 |
Detailed All Occupations Market Analysis
Relocation Context
Nominal Salary
$58,680
Gross Pay
Real Wage (Purchasing Power)
$58,680
Adjusted for COL (100)
The average annual salary of $58,680 in Winston-Salem, NC, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that, on average, a salary earned in Winston-Salem offers purchasing power equivalent to the national average. While the nominal salary is lower than the national average, the balanced cost of living suggests that the take-home pay should maintain a comparable standard of living.
Job Market Context
273,340
Total Jobs
1000
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Winston-Salem, NC 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 Winston-Salem indicates that the concentration of these jobs is exactly at the national average. This suggests that the job market for these roles is neither exceptionally concentrated nor unusually scarce compared to the rest of the country. It implies a competitive yet accessible market where opportunities are present in line with typical economic distribution.
Nearby Job Markets
Nearby Cities for All Occupations
| City | Salary | Dist. |
|---|---|---|
| Greensboro-High Point, NC All Occupations Salary | $56,360↓ 4% | 23 mi |
| Eastern North Carolina nonmetropolitan area All Occupations Salary | $49,870↓ 15% | 41 mi |
| Western North Carolina nonmetropolitan area All Occupations Salary | $49,620↓ 15% | 41 mi |
| Central North Carolina nonmetropolitan area All Occupations Salary | $48,800↓ 17% | 41 mi |
| Burlington, NC All Occupations Salary | $51,470↓ 12% | 43 mi |
Comparing salaries near Winston-Salem, NC
Hiring All Occupationss?
Frequently Asked Questions
How much does a All Occupations make in Winston-Salem, NC?
The median annual salary for a All Occupations in Winston-Salem, NC is $58,680. This typically ranges from $27,200 for entry-level positions to $100,930 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Winston-Salem, NC is 12.6% lower than the national median of $67,140.
Is Winston-Salem, NC a lucrative place for All Occupationss?
No, not exceptionally lucrative compared to the national average.The average salary of $58,680 is below the national average of $67,140, although the cost of living is also at the national average, balancing purchasing power.
Is Winston-Salem, NC a good place to live for All Occupations?
The Cost of Living Index in Winston-Salem, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Winston-Salem, NC?
Some top paying nearby cities include Greensboro-High Point, NC ($56,360) and Eastern North Carolina nonmetropolitan area.
How does Winston-Salem's average salary compare to the national average?
The average annual salary for All Occupations in Winston-Salem, NC, is $58,680, which is lower than the national average of $67,140.
What is the cost of living in Winston-Salem, NC?
Winston-Salem, NC has a Cost of Living Index of 100, which is exactly the national average, indicating that the general cost of goods and services is comparable to the rest of the United States.
How large is the workforce in Winston-Salem, NC?
Winston-Salem, NC has a total local workforce of 273,340 individuals, signifying a substantial labor pool.
Is there high demand for All Occupations in Winston-Salem, NC?
With a Location Quotient of 1, the demand for All Occupations in Winston-Salem is aligned with the national average, suggesting a stable and balanced job market rather than exceptionally high demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 273,340 employees in the Winston-Salem, NC 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 Winston-Salem, NC