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Average Computer and Mathematical Occupations Salary in Monroe, LA

In Monroe, LA, professionals in Computer and Mathematical Occupations earn an average annual salary of $83,640. This figure is notably below the national average of $119,220, suggesting localized economic factors and demand influence compensation within this sector in the region.

Executive Summary

  • Average Salary: $83,640 per year.
  • Growth Trend: Salaries have shifted 16.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $131,130.
  • Outlook: With a total local workforce of 720 individuals in Computer and Mathematical Occupations, the job market in Monroe, LA, indicates a moderate presence. The location quotient of 0.25 further suggests that this field is less concentrated here compared to the national average, implying a potentially less saturated but also less robust demand for specialized roles.
2024 Market Data

Salary Overview

$83,640

The average Computer and Mathematical Occupations in Monroe, LA earns-29.8%below the national average.

BreakdownBased on 40h/week
Hourly

$40.2

Weekly

$1,608

Monthly

$6,970

Computer and Mathematical Occupations Salary Distribution in Monroe, LA

Salary progression within Computer and Mathematical Occupations typically scales significantly with experience. Entry-level positions may start considerably lower than the average, while senior roles, with their specialized skills and responsibilities, command higher compensation. The gap between entry-level and senior salaries highlights the substantial career growth and earning potential available.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$37,010$17.8
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$62,730$30.2
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$70,600$33.9
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$104,550$50.3
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$131,130$63

Detailed Computer and Mathematical Occupations Market Analysis

Relocation Context

Nominal Salary

$83,640

Gross Pay

Real Wage (Purchasing Power)

$83,640

Adjusted for COL (100)

The average annual salary of $83,640 in Monroe, LA, aligns perfectly with the national average cost of living index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income is equivalent to the national standard, making the effective financial standing comparable.

Job Market Context

720

Total Jobs

8.253

Per 1K Jobs

0.25

Location Quotient

Low Concentration

At 0.25x, Monroe, LA 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 0.25 for Computer and Mathematical Occupations in Monroe, LA, signifies that this sector is significantly underrepresented compared to the national landscape. This suggests a market with lower competition for talent but also potentially fewer job opportunities and specialized roles available locally.

Nearby Job Markets

Nearby Cities for Computer and Mathematical Occupations

Comparing salaries near Monroe, LA

Hiring Computer and Mathematical Occupationss?

Frequently Asked Questions

How much does a Computer and Mathematical Occupations make in Monroe, LA?

The median annual salary for a Computer and Mathematical Occupations in Monroe, LA is $83,640. This typically ranges from $37,010 for entry-level positions to $131,130 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Monroe, LA is 29.8% lower than the national median of $119,220.

Is Monroe, LA a lucrative place for Computer and Mathematical Occupationss?

No, it is not considered lucrative compared to national standards.The average salary of $83,640 is substantially lower than the national average of $119,220, and the low location quotient indicates less industry concentration and potentially fewer high-paying opportunities.

Is Monroe, LA a good place to live for Computer and Mathematical Occupations?

The Cost of Living Index in Monroe, LA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Monroe, LA?

Some top paying nearby cities include Alexandria, LA ($85,060) and Southwest Louisiana nonmetropolitan area.

How does Monroe, LA's cost of living compare nationally?

Monroe, LA, has a cost of living index of 100, which is exactly the national average. This means that the general cost of goods and services is comparable to the rest of the United States.

What is the concentration of Computer and Mathematical Occupations jobs in Monroe, LA?

The concentration, measured by the location quotient, is 0.25, indicating that these occupations are less common in Monroe, LA, than the national average.

How many Computer and Mathematical Occupations jobs are there per 1,000 workers in Monroe, LA?

There are approximately 8.253 jobs per 1,000 workers in the Computer and Mathematical Occupations field in Monroe, LA.

Is the job market for Computer and Mathematical Occupations growing in Monroe, LA?

While specific growth rates are not provided, the overall trend for Computer and Mathematical Occupations nationally has been upward, suggesting potential for growth in Monroe, LA, though the lower concentration might indicate a slower pace.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 720 employees in the Monroe, LA area with a job density of 8.253 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.