SalaryNode

Average All Occupations Salary in Wyoming

In Wyoming, the average annual salary for All Occupations stands at $60,200, which is notably below the national average of $67,140. This disparity can be attributed to a combination of factors unique to the state's economic landscape, including its specific industry demands and the overall cost of living.

Executive Summary

  • Average Salary: $60,200 per year.
  • Growth Trend: Salaries have shifted 17.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $102,210.
  • Outlook: Wyoming's job market for All Occupations is substantial, supporting a workforce of 278,500 individuals. With a Location Quotient of 1, the concentration of these roles aligns precisely with the national average, indicating a stable and balanced presence within the state's economy. This suggests consistent demand for a wide range of professions across Wyoming.
2024 Market Data

Salary Overview

$60,200

The average All Occupations in Wyoming earns-10.3%below the national average.

BreakdownBased on 40h/week
Hourly

$28.9

Weekly

$1,158

Monthly

$5,017

All Occupations Salary Distribution in Wyoming

Salary progression for All Occupations in Wyoming typically scales significantly with experience. Entry-level positions may start closer to the lower percentiles, while senior or highly specialized roles command salaries in the upper percentiles. The widening gap between these salary ranges signifies clear career advancement opportunities and the increasing value placed on seasoned professionals.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$28,270$13.6
ExperiencedProficient professional working independently.25% (Junior)$45,150$21.7
Mid-LevelEstablished expert. Standard market value.50% (Median)$49,160$23.6
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$75,250$36.2
Top TierIndustry leader / Executive level compensation.90% (Expert)$102,210$49.1

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$60,200

Gross Pay

Real Wage (Purchasing Power)

$64,871

Adjusted for COL (92.8)

The average nominal salary of $60,200 in Wyoming presents a favorable financial picture when considered against the state's Cost of Living Index of 92.8. Since this index is below the national average of 100, the purchasing power of the $60,200 salary is effectively higher than it would be in a more expensive state, allowing residents to potentially enjoy a better standard of living.

Job Market Context

278,500

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Wyoming has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.

Wyoming's Location Quotient of 1 for All Occupations indicates that the proportion of these jobs within the state is exactly in line with the national average. This suggests a job market that is neither over-saturated nor significantly lacking in these roles, implying a competitive yet accessible environment for job seekers and employers alike.

Nearby Job Markets

Nearby Cities for All Occupations

CitySalaryDist.
Casper, WY All Occupations Salary$58,240 3%50 mi

Comparing salaries near Wyoming

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Wyoming?

The median annual salary for a All Occupations in Wyoming is $60,200. This typically ranges from $28,270 for entry-level positions to $102,210 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Wyoming is 10.3% lower than the national median of $67,140.

Is Wyoming a lucrative place for All Occupationss?

No, but cost of living offers value.While the average salary of $60,200 is below the national average, Wyoming's lower cost of living means your earnings may stretch further. This offers a good balance between income and expenses for many residents.

Is Wyoming a good place to live for All Occupations?

With a Cost of Living Index of 92.8 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Wyoming?

Some top paying nearby cities include Casper, WY ($58,240) and others.

How does Wyoming's average salary compare to the national average?

The average annual salary for All Occupations in Wyoming is $60,200, which is less than the national average of $67,140.

What is the total workforce size for All Occupations in Wyoming?

Wyoming supports a total workforce of 278,500 individuals in All Occupations.

Is the job market for All Occupations concentrated in Wyoming?

No, Wyoming's Location Quotient of 1 indicates that the concentration of All Occupations jobs is at the national average level.

How does the cost of living in Wyoming affect salary perception?

With a Cost of Living Index of 92.8, Wyoming is more affordable than the national average (100), meaning the $60,200 salary offers relatively good purchasing power.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 278,500 employees in the Wyoming area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.