Average Computer and Mathematical Occupations Salary in Lexington-Fayette, KY
In Lexington-Fayette, KY, professionals in Computer and Mathematical Occupations earn an average annual salary of $93,060. This figure is notably below the national average of $119,220, reflecting regional economic factors and a potentially less concentrated demand for these specialized roles compared to major tech hubs. The local market dynamics, including industry presence and the overall economic landscape of Kentucky, significantly influence compensation levels.
Executive Summary
- Average Salary: $93,060 per year.
- Growth Trend: Salaries have shifted 25.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $156,110.
- Outlook: The Computer and Mathematical Occupations sector in Lexington-Fayette, KY, comprises a workforce of 6,120 individuals, representing 21.63 jobs per 1,000 workers. While the total workforce size indicates a substantial presence, the Location Quotient of 0.64 suggests that this field is less concentrated here than the national average. This implies a moderate but not overwhelmingly dominant demand for these professionals within the local economy.
Salary Overview
The average Computer and Mathematical Occupations in Lexington-Fayette, KY earns-21.9%below the national average.
$44.7
$1,790
$7,755
Computer and Mathematical Occupations Salary Trends (2020-2024)
While specific historical data for Lexington-Fayette, KY is not provided, it is reasonable to assume that salaries for Computer and Mathematical Occupations have experienced growth over the past four years, mirroring national trends. Factors such as increasing demand for tech skills, inflation, and evolving industry needs typically drive upward salary adjustments in this dynamic sector.
Computer and Mathematical Occupations Salary Distribution in Lexington-Fayette, KY
Salary progression within Computer and Mathematical Occupations in Lexington-Fayette, KY, is strongly tied to experience and specialization. Entry-level positions typically start at the lower end of the pay scale, while senior roles, requiring advanced skills and a proven track record, command significantly higher compensation. The percentile gaps in salary distribution clearly signify the career advancement opportunities and the increasing value placed on experienced professionals in the local market.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $47,220 | $22.7 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $69,795 | $33.6 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $83,820 | $40.3 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $116,325 | $55.9 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $156,110 | $75.1 |
Detailed Computer and Mathematical Occupations Market Analysis
Relocation Context
Nominal Salary
$93,060
Gross Pay
Real Wage (Purchasing Power)
$93,060
Adjusted for COL (100)
The average annual salary of $93,060 in Lexington-Fayette, KY, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the salary is equivalent to the national average, offering a stable financial standing relative to the rest of the country. While the nominal salary is lower than the national average, the equivalent cost of living suggests that the take-home pay offers comparable lifestyle stability.
Job Market Context
6,120
Total Jobs
21.63
Per 1K Jobs
0.64
Location Quotient
Lexington-Fayette, KY has 0.64x 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.
With a Location Quotient of 0.64, Computer and Mathematical Occupations are less concentrated in Lexington-Fayette, KY, than the national average. This indicates that while the field is present, it is not a dominant industry sector compared to other regions. Consequently, the job market may present fewer opportunities but potentially less intense competition for skilled professionals, offering a unique balance for those seeking roles in this area.
Nearby Job Markets
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Comparing salaries near Lexington-Fayette, KY
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Frequently Asked Questions
How much does a Computer and Mathematical Occupations make in Lexington-Fayette, KY?
The median annual salary for a Computer and Mathematical Occupations in Lexington-Fayette, KY is $93,060. This typically ranges from $47,220 for entry-level positions to $156,110 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lexington-Fayette, KY is 21.9% lower than the national median of $119,220.
Is Lexington-Fayette, KY a lucrative place for Computer and Mathematical Occupationss?
No, not as lucrative as the national average.The average salary of $93,060 is significantly lower than the national average of $119,220. However, the cost of living is also at the national average, meaning the purchasing power is comparable.
Is Lexington-Fayette, KY a good place to live for Computer and Mathematical Occupations?
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 ($78,720) and South Central Kentucky nonmetropolitan area.
What is the average salary for Computer and Mathematical Occupations in Lexington-Fayette, KY?
The average annual salary for Computer and Mathematical Occupations in Lexington-Fayette, KY is $93,060.
How does the Lexington-Fayette, KY salary compare to the national average?
The average salary in Lexington-Fayette, KY ($93,060) is lower than the national average salary of $119,220 for Computer and Mathematical Occupations.
What is the Cost of Living Index in Lexington-Fayette, KY?
The Cost of Living Index in Lexington-Fayette, KY is 100, which is the same as the national average.
How concentrated are Computer and Mathematical Occupations jobs in Lexington-Fayette, KY?
The concentration of Computer and Mathematical Occupations jobs in Lexington-Fayette, KY, is indicated by a Location Quotient of 0.64, which is below the national average of 1.0.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,120 employees in the Lexington-Fayette, KY area with a job density of 21.63 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Computer and Mathematical Occupations • Data source: BLS OEWS 2024 •Jobs in Lexington-Fayette, KY