Average Computer and Mathematical Occupations Salary in Waco, TX
In Waco, TX, professionals in Computer and Mathematical Occupations earn an average annual salary of $90,580. This figure is notably below the national average of $119,220, reflecting the unique economic landscape and demand dynamics specific to the Waco metropolitan area. Localized market conditions, industry concentration, and regional economic factors significantly influence compensation levels for these vital roles.
Executive Summary
- Average Salary: $90,580 per year.
- Growth Trend: Salaries have shifted 33.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $142,800.
- Outlook: Waco, TX supports a local workforce of 2,120 individuals within Computer and Mathematical Occupations. With a Location Quotient of 0.49, the concentration of these jobs is less than half the national average, indicating a less saturated but potentially growing market. The presence of 16.351 jobs per 1,000 workers suggests a steady, albeit not overwhelmingly robust, demand for talent in this sector within the region.
Salary Overview
The average Computer and Mathematical Occupations in Waco, TX earns-24.0%below the national average.
$43.6
$1,742
$7,548
Computer and Mathematical Occupations Salary Trends (2020-2024)
While specific historical data for Waco's Computer and Mathematical Occupations is not provided, it is reasonable to assume a general upward trend in salaries over the past four years, mirroring national patterns. Economic recovery, technological advancements, and increased demand for digital skills typically drive salary growth across most sectors, including the tech-focused fields in Waco.
Computer and Mathematical Occupations Salary Distribution in Waco, TX
Salary progression within Computer and Mathematical Occupations in Waco, TX, is strongly correlated with experience and specialization. Entry-level positions typically command lower salaries, while senior roles, requiring advanced skills and extensive experience, can significantly exceed the average. The widening gap between entry-level and senior-level salaries, often seen across different pay percentiles, clearly signifies substantial career growth opportunities and earning potential for dedicated professionals.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $45,030 | $21.6 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $67,935 | $32.7 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $83,390 | $40.1 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $113,225 | $54.4 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $142,800 | $68.7 |
Detailed Computer and Mathematical Occupations Market Analysis
Relocation Context
Nominal Salary
$90,580
Gross Pay
Real Wage (Purchasing Power)
$90,580
Adjusted for COL (100)
The average annual salary of $90,580 in Waco, TX, aligns perfectly with the local Cost of Living Index of 100, which is equivalent to the national average. This means that the purchasing power of a $90,580 salary in Waco is comparable to the national average, offering a stable financial foundation for residents without the premium often associated with higher cost-of-living areas.
Job Market Context
2,120
Total Jobs
16.351
Per 1K Jobs
0.49
Location Quotient
At 0.49x, Waco, TX 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 0.49 for Computer and Mathematical Occupations in Waco, TX, indicates that these roles are less concentrated locally compared to the national average. This suggests that while the job market may not be as saturated as in major tech hubs, there is still a consistent presence and demand for these professionals. The lower concentration could present opportunities for skilled individuals to establish themselves, but also implies a potentially smaller pool of highly specialized roles compared to larger metropolitan areas.
Nearby Job Markets
Nearby Cities for Computer and Mathematical Occupations
Comparing salaries near Waco, TX
Hiring Computer and Mathematical Occupationss?
Frequently Asked Questions
How much does a Computer and Mathematical Occupations make in Waco, TX?
The median annual salary for a Computer and Mathematical Occupations in Waco, TX is $90,580. This typically ranges from $45,030 for entry-level positions to $142,800 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Waco, TX is 24.0% lower than the national median of $119,220.
Is Waco, TX a lucrative place for Computer and Mathematical Occupationss?
No, not when compared to the national average.The average salary of $90,580 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 Waco, TX a good place to live for Computer and Mathematical Occupations?
The Cost of Living Index in Waco, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Waco, TX?
Some top paying nearby cities include North Region of Texas nonmetropolitan area ($85,010) and Northwestern Region of Texas nonmetropolitan area.
How does Waco's Computer and Mathematical Occupations salary compare to the national average?
The average annual salary in Waco, TX, for Computer and Mathematical Occupations is $90,580, which is considerably lower than the national average of $119,220.
What is the concentration of Computer and Mathematical Occupations jobs in Waco, TX?
The concentration, measured by the Location Quotient, is 0.49, meaning these jobs are less than half as common in Waco compared to the national average.
How does the cost of living in Waco, TX affect the salary?
Waco's Cost of Living Index is 100, matching the national average. This means the $90,580 salary offers purchasing power equivalent to the national average salary in a higher cost-of-living area.
What is the total workforce size for Computer and Mathematical Occupations in Waco, TX?
There are 2,120 individuals employed in Computer and Mathematical Occupations in Waco, TX.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,120 employees in the Waco, TX area with a job density of 16.351 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 Waco, TX