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Average Computer and Mathematical Occupations Salary in Lafayette-West Lafayette, IN

In Lafayette-West Lafayette, IN, professionals in Computer and Mathematical Occupations earn an average annual salary of $82,720. This figure is notably below the national average of $119,220, reflecting the specific economic dynamics and industry concentration within this Indiana region. Local factors such as the demand for specialized tech roles and the presence of educational institutions significantly influence this compensation landscape.

Executive Summary

  • Average Salary: $82,720 per year.
  • Growth Trend: Salaries have shifted 9.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $123,760.
  • Outlook: The Lafayette-West Lafayette area supports a local workforce of 1,870 individuals in Computer and Mathematical Occupations. With a Location Quotient of 0.54, the concentration of these roles is below the national average, suggesting a less saturated but potentially developing market. The presence of 18.301 jobs per 1,000 workers indicates a steady, albeit not dominant, demand for these skills within the local economy.
2024 Market Data

Salary Overview

$82,720

The average Computer and Mathematical Occupations in Lafayette-West Lafayette, IN earns-30.6%below the national average.

BreakdownBased on 40h/week
Hourly

$39.8

Weekly

$1,591

Monthly

$6,893

Computer and Mathematical Occupations Salary Distribution in Lafayette-West Lafayette, IN

Salary progression within Computer and Mathematical Occupations in Lafayette-West Lafayette typically scales with experience. Entry-level positions may start closer to the lower percentiles, while senior roles and specialized expertise command significantly higher compensation, reaching into the upper percentiles. The widening gap between entry-level and senior salaries reflects the value placed on accumulated knowledge, project leadership, and advanced technical proficiencies.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$48,730$23.4
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$62,040$29.8
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$81,240$39.1
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$103,400$49.7
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$123,760$59.5

Detailed Computer and Mathematical Occupations Market Analysis

Relocation Context

Nominal Salary

$82,720

Gross Pay

Real Wage (Purchasing Power)

$82,720

Adjusted for COL (100)

The average annual salary of $82,720 in Lafayette-West Lafayette 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 the occupation, the equivalent cost of living suggests that the take-home pay can maintain a comparable standard of living.

Job Market Context

1,870

Total Jobs

18.301

Per 1K Jobs

0.54

Location Quotient

Below Average

Lafayette-West Lafayette, IN has 0.54x the national average concentration of Computer and Mathematical Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.54 indicates that Computer and Mathematical Occupations are less concentrated in Lafayette-West Lafayette compared to the national average. This suggests that the job market for these roles is not as saturated as in major tech hubs, potentially offering more opportunities for individuals with specialized skills to stand out. However, it also implies that the overall demand might be more moderate, requiring a strategic approach to job searching.

Nearby Job Markets

Hiring Computer and Mathematical Occupationss?

Frequently Asked Questions

How much does a Computer and Mathematical Occupations make in Lafayette-West Lafayette, IN?

The median annual salary for a Computer and Mathematical Occupations in Lafayette-West Lafayette, IN is $82,720. This typically ranges from $48,730 for entry-level positions to $123,760 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lafayette-West Lafayette, IN is 30.6% lower than the national median of $119,220.

Is Lafayette-West Lafayette, IN a lucrative place for Computer and Mathematical Occupationss?

No, not when compared to the national average salary.The average salary of $82,720 is significantly lower than the national average of $119,220, although the cost of living is at the national average. This indicates that while your money may go further locally, the overall earning potential is reduced.

Is Lafayette-West Lafayette, IN a good place to live for Computer and Mathematical Occupations?

The Cost of Living Index in Lafayette-West Lafayette, IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lafayette-West Lafayette, IN?

Some top paying nearby cities include Kokomo, IN ($85,060) and Northern Indiana nonmetropolitan area.

How does the local job market compare to national tech hubs?

The Location Quotient of 0.54 suggests a less concentrated job market in Lafayette-West Lafayette compared to national averages, indicating potentially less competition but also a more moderate overall demand for tech professionals.

What is the significance of the Jobs per 1,000 Workers metric?

With 18.301 jobs per 1,000 workers, Lafayette-West Lafayette shows a steady presence of Computer and Mathematical Occupations, indicating consistent local demand for these roles within the workforce.

Does experience significantly impact salary in this field locally?

Yes, as in most tech fields, experience is a key driver of salary. Entry-level positions will offer lower pay, while senior and specialized roles command higher compensation, reflecting a typical career progression.

Is Lafayette-West Lafayette a good place for tech professionals seeking affordability?

Yes, with a Cost of Living Index of 100, Lafayette-West Lafayette offers the same affordability as the national average, making the local salary of $82,720 maintain comparable 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 1,870 employees in the Lafayette-West Lafayette, IN area with a job density of 18.301 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.