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Average Computer and Mathematical Occupations Salary in Central Indiana nonmetropolitan area

In the Central Indiana nonmetropolitan area, professionals in Computer and Mathematical Occupations earn an average annual salary of $71,220. This figure stands notably below the national average of $119,220, reflecting the distinct economic landscape and potentially lower demand for these specialized roles outside major urban centers. The local market dynamics, including industry concentration and workforce size, significantly influence compensation levels.

Executive Summary

  • Average Salary: $71,220 per year.
  • Growth Trend: Salaries have shifted 15.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $107,290.
  • Outlook: The job market for Computer and Mathematical Occupations in Central Indiana's nonmetropolitan area, with a total workforce of 1,510, indicates a moderate presence. The location quotient of 0.28 suggests that these roles are less concentrated here compared to the national average, implying a potentially less robust demand or a more specialized niche within the region's economy.
2024 Market Data

Salary Overview

$71,220

The average Computer and Mathematical Occupations in Central Indiana nonmetropolitan area earns-40.3%below the national average.

BreakdownBased on 40h/week
Hourly

$34.2

Weekly

$1,370

Monthly

$5,935

Computer and Mathematical Occupations Salary Distribution in Central Indiana nonmetropolitan area

Salary progression within Computer and Mathematical Occupations in Central Indiana nonmetropolitan areas, as elsewhere, is strongly tied to experience. Entry-level positions typically command lower salaries, while mid-level and senior roles, with their increased responsibilities and specialized skills, see significant increases. The percentile gaps in earnings clearly signify the career advancement opportunities available to those who build expertise and tenure.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$41,280$19.8
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$53,415$25.7
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$64,740$31.1
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$89,025$42.8
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$107,290$51.6

Detailed Computer and Mathematical Occupations Market Analysis

Relocation Context

Nominal Salary

$71,220

Gross Pay

Real Wage (Purchasing Power)

$71,220

Adjusted for COL (100)

The nominal average salary of $71,220 in Central Indiana's nonmetropolitan area aligns precisely with the national average cost of living index of 100. This means that while the salary is lower than the national average, the purchasing power of that income is comparable to the national standard, suggesting that the lower nominal wage is offset by the local cost of living.

Job Market Context

1,510

Total Jobs

9.38

Per 1K Jobs

0.28

Location Quotient

Low Concentration

At 0.28x, Central Indiana nonmetropolitan area has a notably lower concentration of Computer and Mathematical Occupations jobs than the national average. Opportunities in this area are relatively scarce for this profession.

With a location quotient of 0.28, Computer and Mathematical Occupations are significantly underrepresented in the Central Indiana nonmetropolitan area compared to the national average. This suggests a less competitive job market in terms of sheer volume of available positions, but also potentially less saturation and a unique opportunity for skilled professionals to stand out.

Nearby Job Markets

Nearby Cities for Computer and Mathematical Occupations

Comparing salaries near Central Indiana nonmetropolitan area

Hiring Computer and Mathematical Occupationss?

Frequently Asked Questions

How much does a Computer and Mathematical Occupations make in Central Indiana nonmetropolitan area?

The median annual salary for a Computer and Mathematical Occupations in Central Indiana nonmetropolitan area is $71,220. This typically ranges from $41,280 for entry-level positions to $107,290 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Central Indiana nonmetropolitan area is 40.3% lower than the national median of $119,220.

Is Central Indiana nonmetropolitan area a lucrative place for Computer and Mathematical Occupationss?

No, not when compared to national averages.The average salary of $71,220 is substantially lower than the national average of $119,220. However, the cost of living being at the national average means the purchasing power is comparable.

Is Central Indiana nonmetropolitan area a good place to live for Computer and Mathematical Occupations?

The Cost of Living Index in Central Indiana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Central Indiana nonmetropolitan area?

Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($94,210) and Kokomo, IN.

How does the local workforce size impact job opportunities?

A local workforce of 1,510 for Computer and Mathematical Occupations suggests a smaller talent pool and potentially fewer job openings compared to larger metropolitan areas.

What does a Location Quotient of 0.28 signify?

A location quotient of 0.28 indicates that Computer and Mathematical Occupations are less concentrated in this region than the national average, suggesting lower demand or a more niche market.

How does the Cost of Living Index affect the salary's value?

With a Cost of Living Index of 100, the $71,220 salary has the same purchasing power as the national average salary, meaning expenses are neither significantly cheaper nor more expensive than the national norm.

Are there many tech jobs in Central Indiana nonmetropolitan areas?

The data suggests a limited number of tech jobs, with only 9.38 jobs per 1,000 workers in Computer and Mathematical Occupations, indicating a less developed tech sector in this specific region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,510 employees in the Central Indiana nonmetropolitan area area with a job density of 9.38 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.