Average Computer and Mathematical Occupations Salary in Kokomo, IN
In Kokomo, Indiana, professionals in Computer and Mathematical Occupations earn an average annual salary of $85,060. This figure is notably below the national average of $119,220, reflecting localized economic factors and industry demand specific to the region. While the nominal salary is lower, understanding the cost of living and job market concentration is crucial for a complete picture.
Executive Summary
- Average Salary: $85,060 per year.
- Growth Trend: Salaries have shifted 3.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $126,370.
- Outlook: With a total local workforce of 330 individuals in Computer and Mathematical Occupations, the job market in Kokomo, IN, presents a modest presence. The Location Quotient of 0.28 indicates that this field is less concentrated here compared to the national average, suggesting fewer specialized roles or a smaller industry footprint. While not a major hub, the presence of these roles signifies ongoing demand within the local economy.
Salary Overview
The average Computer and Mathematical Occupations in Kokomo, IN earns-28.7%below the national average.
$40.9
$1,636
$7,088
Computer and Mathematical Occupations Salary Trends (2020-2024)
While specific historical data for Kokomo, IN, is not provided, it is generally assumed that the Computer and Mathematical Occupations sector has experienced consistent growth over the past four years, mirroring national trends. This growth typically translates to increased demand for skilled professionals and potential upward pressure on salaries, even in localized markets.
Computer and Mathematical Occupations Salary Distribution in Kokomo, IN
Salary progression within Computer and Mathematical Occupations in Kokomo, IN, typically scales significantly with experience. Entry-level positions may start considerably lower than the average, while senior and specialized roles can command salaries well above the $85,060 mark. The widening gap between entry-level and senior-level salaries serves as a clear indicator of career advancement opportunities and the value placed on expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $45,010 | $21.6 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $63,795 | $30.7 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $77,060 | $37 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $106,325 | $51.1 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $126,370 | $60.8 |
Detailed Computer and Mathematical Occupations Market Analysis
Relocation Context
Nominal Salary
$85,060
Gross Pay
Real Wage (Purchasing Power)
$85,060
Adjusted for COL (100)
The average annual salary of $85,060 in Kokomo, IN, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of the local salary is equivalent to the national average, offering a stable financial environment for residents. While the nominal salary is lower than the national average for this profession, the balanced cost of living ensures that the take-home pay maintains its value.
Job Market Context
330
Total Jobs
9.395
Per 1K Jobs
0.28
Location Quotient
At 0.28x, Kokomo, IN 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.
A Location Quotient of 0.28 for Computer and Mathematical Occupations in Kokomo, IN, signifies that this sector is underrepresented compared to the national landscape. This suggests a less competitive market for specialized roles, potentially offering unique opportunities for skilled professionals to establish themselves. However, it also implies a smaller pool of available positions and potentially fewer advanced career pathways compared to larger metropolitan areas.
Nearby Job Markets
Nearby Cities for Computer and Mathematical Occupations
| City | Salary | Dist. |
|---|---|---|
| Lafayette-West Lafayette, IN Computer and Mathematical Occupations Salary | $82,720↓ 3% | 39 mi |
| Muncie, IN Computer and Mathematical Occupations Salary | $78,870↓ 7% | 43 mi |
| Northern Indiana nonmetropolitan area Computer and Mathematical Occupations Salary | $72,670↓ 15% | 43 mi |
| Southern Indiana nonmetropolitan area Computer and Mathematical Occupations Salary | $80,250↓ 6% | 43 mi |
| Central Indiana nonmetropolitan area Computer and Mathematical Occupations Salary | $71,220↓ 16% | 43 mi |
Comparing salaries near Kokomo, IN
Hiring Computer and Mathematical Occupationss?
Frequently Asked Questions
How much does a Computer and Mathematical Occupations make in Kokomo, IN?
The median annual salary for a Computer and Mathematical Occupations in Kokomo, IN is $85,060. This typically ranges from $45,010 for entry-level positions to $126,370 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kokomo, IN is 28.7% lower than the national median of $119,220.
Is Kokomo, IN a lucrative place for Computer and Mathematical Occupationss?
No, not exceptionally lucrative compared to national averages.The average salary of $85,060 is significantly lower than the national average of $119,220, although the cost of living is on par with the national average.
Is Kokomo, IN a good place to live for Computer and Mathematical Occupations?
The Cost of Living Index in Kokomo, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Kokomo, IN?
Some top paying nearby cities include Lafayette-West Lafayette, IN ($82,720) and Muncie, IN.
What is the average salary for Computer and Mathematical Occupations in Kokomo, IN?
The average annual salary for Computer and Mathematical Occupations in Kokomo, IN, is $85,060.
How does Kokomo, IN's cost of living compare to the national average?
Kokomo, IN has a cost of living index of 100, which is exactly the national average.
Is the concentration of Computer and Mathematical Occupations jobs high in Kokomo, IN?
No, the concentration is low, with a Location Quotient of 0.28, indicating fewer jobs relative to the national average.
How many Computer and Mathematical Occupations jobs are there per 1,000 workers in Kokomo, IN?
There are approximately 9.395 jobs per 1,000 workers in the Computer and Mathematical Occupations field in Kokomo, IN.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 330 employees in the Kokomo, IN area with a job density of 9.395 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Computer and Mathematical Occupations Salaries by State
Top Jobs in Kokomo, IN
- All Occupations Salary in Kokomo, IN
- Production Occupations Salary in Kokomo, IN
- Food Preparation and Serving Related Occupations Salary in Kokomo, IN
- Sales and Related Occupations Salary in Kokomo, IN
- Office and Administrative Support Occupations Salary in Kokomo, IN
- Transportation and Material Moving Occupations Salary in Kokomo, IN
- Healthcare Practitioners and Technical Occupations Salary in Kokomo, IN
- Educational Instruction and Library Occupations Salary in Kokomo, IN
- Construction and Extraction Occupations Salary in Kokomo, IN
- Installation, Maintenance, and Repair Occupations Salary in Kokomo, IN
- Browse All Jobs in Kokomo, IN →
Semantic Salary Analysis for Computer and Mathematical Occupations • Data source: BLS OEWS 2024 •Jobs in Kokomo, IN