Average Bakers Salary in Lexington-Fayette, KY
Bakers in Lexington-Fayette, KY earn an average annual salary of $33,010, which is below the national average of $37,640. This difference can be attributed to various local economic factors, including the specific demand for baking services and the overall wage structure within the region. While the nominal salary is lower, understanding the local cost of living is crucial for a complete financial picture.
Executive Summary
- Average Salary: $33,010 per year.
- Growth Trend: Salaries have shifted 19.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $42,440.
- Outlook: With a local workforce of 310 Bakers and a Location Quotient of 0.73, the job market in Lexington-Fayette, KY, indicates a slightly lower concentration of these professionals compared to the national average. This suggests a stable, though not booming, demand for bakers, with jobs per 1,000 workers at 1.097, reflecting a steady presence in the local economy.
Salary Overview
The average Bakers in Lexington-Fayette, KY earns-12.3%below the national average.
$15.9
$635
$2,751
Bakers Salary Trends (2020-2024)
While specific historical data for Bakers in Lexington-Fayette, KY is not provided, it is generally assumed that salaries for most professions, including bakers, have seen modest growth over the past four years, influenced by inflation and evolving labor market dynamics. This trend typically reflects an increase in the cost of living and a desire to maintain competitive compensation.
Bakers Salary Distribution in Lexington-Fayette, KY
Career progression for Bakers in Lexington-Fayette, KY, typically involves a salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior Bakers with specialized skills and extensive experience can command higher salaries, potentially reaching into the upper percentiles. The gap between entry-level and senior roles signifies substantial career growth opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $22,010 | $10.6 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $24,758 | $11.9 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $33,690 | $16.2 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $41,263 | $19.8 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $42,440 | $20.4 |
Detailed Bakers Market Analysis
Relocation Context
Nominal Salary
$33,010
Gross Pay
Real Wage (Purchasing Power)
$33,010
Adjusted for COL (100)
The average annual salary for Bakers in Lexington-Fayette, KY, stands at $33,010. This figure aligns precisely with the national average Cost of Living Index of 100, meaning that the purchasing power of this salary is comparable to the national average. Therefore, the nominal salary effectively translates to a standard cost of living within the area.
Job Market Context
310
Total Jobs
1.097
Per 1K Jobs
0.73
Location Quotient
Lexington-Fayette, KY has 0.73x the national average concentration of Bakers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
The Location Quotient of 0.73 for Bakers in Lexington-Fayette, KY, suggests that the profession is less concentrated in this area compared to the national average. This indicates that while there is a presence of bakers, the market is not saturated, potentially offering a moderate level of competition for job seekers and employers alike.
Nearby Job Markets
Nearby Cities for Bakers
| City | Salary | Dist. |
|---|---|---|
| Central Kentucky nonmetropolitan area Bakers Salary | $28,930↓ 12% | 28 mi |
| South Central Kentucky nonmetropolitan area Bakers Salary | $31,200↓ 5% | 28 mi |
| West Kentucky nonmetropolitan area Bakers Salary | $30,880↓ 6% | 28 mi |
| East Kentucky nonmetropolitan area Bakers Salary | $27,310↓ 17% | 28 mi |
| Louisville/Jefferson County, KY-IN Bakers Salary | $37,140↑ 13% | 72 mi |
Comparing salaries near Lexington-Fayette, KY
Hiring Bakerss?
Frequently Asked Questions
How much does a Bakers make in Lexington-Fayette, KY?
The median annual salary for a Bakers in Lexington-Fayette, KY is $33,010. This typically ranges from $22,010 for entry-level positions to $42,440 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lexington-Fayette, KY is 12.3% lower than the national median of $37,640.
Is Lexington-Fayette, KY a lucrative place for Bakerss?
No, not particularly lucrative compared to the national average.The average salary of $33,010 is below the national average, although the cost of living is on par with the national average. This means the purchasing power is standard, but the earning potential is lower.
Is Lexington-Fayette, KY a good place to live for Bakers?
The Cost of Living Index in Lexington-Fayette, KY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lexington-Fayette, KY?
Some top paying nearby cities include Central Kentucky nonmetropolitan area ($28,930) and South Central Kentucky nonmetropolitan area.
How does the Baker salary in Lexington-Fayette, KY compare to the national average?
Bakers in Lexington-Fayette, KY earn an average of $33,010 annually, which is less than the national average of $37,640.
What is the Cost of Living in Lexington-Fayette, KY for Bakers?
The Cost of Living Index in Lexington-Fayette, KY is 100, which is the same as the national average, indicating a standard cost of living.
How many Bakers are there in Lexington-Fayette, KY?
There are approximately 310 Bakers employed in the Lexington-Fayette, KY area.
Is the job market for Bakers strong in Lexington-Fayette, KY?
The market is stable with 1.097 jobs per 1,000 workers and a Location Quotient of 0.73, suggesting a consistent but not exceptionally high demand for bakers.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 310 employees in the Lexington-Fayette, KY area with a job density of 1.097 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Bakers • Data source: BLS OEWS 2024 •Jobs in Lexington-Fayette, KY