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Average Computer and Mathematical Occupations Salary in Raleigh-Cary, NC

In Raleigh-Cary, NC, professionals in Computer and Mathematical Occupations earn an average annual salary of $113,430. This figure is slightly below the national average of $119,220, a common occurrence in high-demand tech hubs that may have slightly different compensation structures or a higher concentration of specialized roles influencing the national average. The local economic landscape and the specific needs of its burgeoning tech sector play a significant role in shaping these compensation packages.

Executive Summary

  • Average Salary: $113,430 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $168,460.
  • Outlook: The Raleigh-Cary region boasts a robust job market for Computer and Mathematical Occupations, evidenced by a substantial local workforce of 40,380 individuals. The Location Quotient of 1.66 indicates a significantly higher concentration of these roles compared to the national average, suggesting strong and sustained demand for talent in this sector within the area.
2024 Market Data

Salary Overview

$113,430

The average Computer and Mathematical Occupations in Raleigh-Cary, NC earns-4.9%below the national average.

BreakdownBased on 40h/week
Hourly

$54.5

Weekly

$2,181

Monthly

$9,453

Computer and Mathematical Occupations Salary Distribution in Raleigh-Cary, NC

Salary progression within Computer and Mathematical Occupations in Raleigh-Cary, NC, is strongly tied to experience and specialization. Entry-level positions typically start at a lower percentile, while senior and highly specialized roles command significantly higher salaries, often reaching into the upper percentiles. The widening gap between entry-level and senior compensation reflects the steep learning curve and the value placed on advanced skills and proven expertise in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$55,860$26.9
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$85,073$40.9
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$106,710$51.3
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$141,788$68.2
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$168,460$81

Detailed Computer and Mathematical Occupations Market Analysis

Relocation Context

Nominal Salary

$113,430

Gross Pay

Real Wage (Purchasing Power)

$113,430

Adjusted for COL (100)

The nominal average salary of $113,430 in Raleigh-Cary, NC, is particularly attractive given the local Cost of Living Index is exactly at the national average of 100. This means that the purchasing power of this salary is on par with the national average, allowing professionals to maintain a comparable standard of living without the added financial strain often associated with higher-than-average living costs.

Job Market Context

40,380

Total Jobs

55.81

Per 1K Jobs

1.66

Location Quotient

Major Hub

Raleigh-Cary, NC has 1.7x the national concentration of Computer and Mathematical Occupations jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

With a Location Quotient of 1.66, Raleigh-Cary, NC, demonstrates a notable concentration of Computer and Mathematical Occupations professionals, indicating a market that is more specialized than the national average. This suggests a dynamic environment where opportunities may be abundant, but competition could also be present, particularly for highly sought-after roles.

Nearby Job Markets

Nearby Cities for Computer and Mathematical Occupations

Comparing salaries near Raleigh-Cary, NC

Hiring Computer and Mathematical Occupationss?

Frequently Asked Questions

How much does a Computer and Mathematical Occupations make in Raleigh-Cary, NC?

The median annual salary for a Computer and Mathematical Occupations in Raleigh-Cary, NC is $113,430. This typically ranges from $55,860 for entry-level positions to $168,460 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Raleigh-Cary, NC is 4.9% lower than the national median of $119,220.

Is Raleigh-Cary, NC a lucrative place for Computer and Mathematical Occupationss?

Yes, Raleigh-Cary, NC offers a lucrative environment for Computer and Mathematical Occupations.The average salary of $113,430, combined with a national average cost of living, provides strong earning potential. Furthermore, the high concentration of these jobs (LQ of 1.66) indicates robust demand and a thriving tech ecosystem.

Is Raleigh-Cary, NC a good place to live for Computer and Mathematical Occupations?

The Cost of Living Index in Raleigh-Cary, NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Raleigh-Cary, NC?

Some top paying nearby cities include Durham-Chapel Hill, NC ($121,290) and Rocky Mount, NC.

How does the average salary in Raleigh-Cary compare to the national average?

The average annual salary for Computer and Mathematical Occupations in Raleigh-Cary, NC, is $113,430, which is slightly lower than the national average of $119,220.

What is the significance of the Location Quotient (LQ) in Raleigh-Cary?

A Location Quotient of 1.66 means that Computer and Mathematical Occupations are 66% more concentrated in Raleigh-Cary than the national average, signaling a strong presence and demand for these roles.

How does the cost of living in Raleigh-Cary affect the salary?

With a Cost of Living Index of 100, Raleigh-Cary is at the national average, meaning the $113,430 salary offers purchasing power equivalent to the national average.

What does the total local workforce number imply for job seekers?

A total local workforce of 40,380 in this sector suggests a significant and active job market, offering a substantial number of potential opportunities for professionals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 40,380 employees in the Raleigh-Cary, NC area with a job density of 55.81 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.