Average Computer and Mathematical Occupations Salary in Waterloo-Cedar Falls, IA
In the Waterloo-Cedar Falls, IA area, professionals in Computer and Mathematical Occupations earn an average annual salary of $85,590. This figure is notably below the national average of $119,220, reflecting regional economic factors and the specific demand dynamics within this Midwestern locale. The local compensation structure is intrinsically tied to the area's economic landscape and the concentration of these specialized roles.
Executive Summary
- Average Salary: $85,590 per year.
- Growth Trend: Salaries have shifted 14.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $130,570.
- Outlook: The Waterloo-Cedar Falls region supports a workforce of 1,470 individuals in Computer and Mathematical Occupations. With a Location Quotient of 0.51, these roles are less concentrated than the national average, suggesting a potentially less saturated but perhaps less robustly developed job market compared to national hubs. The presence of 17.164 jobs per 1,000 workers indicates a consistent, albeit moderate, demand for these skills within the local economy.
Salary Overview
The average Computer and Mathematical Occupations in Waterloo-Cedar Falls, IA earns-28.2%below the national average.
$41.2
$1,646
$7,133
Computer and Mathematical Occupations Salary Trends (2020-2024)
While specific historical data for the last four years is not provided, it is generally assumed that salaries within the Computer and Mathematical Occupations sector have experienced steady growth nationally and in many regional markets. This trend is typically driven by increasing technological reliance across industries and a persistent demand for skilled professionals, suggesting that local compensation in Waterloo-Cedar Falls may have also seen incremental increases over time.
Computer and Mathematical Occupations Salary Distribution in Waterloo-Cedar Falls, IA
Salary progression within Computer and Mathematical Occupations is significantly influenced by experience. Entry-level positions typically command lower salaries, while seasoned professionals with specialized skills and a proven track record can expect substantially higher earnings. The widening gap between entry-level and senior-level salaries, often represented by percentile differences, clearly signifies the career advancement and increased earning potential available as one gains experience in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $46,450 | $22.3 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $64,193 | $30.9 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $80,100 | $38.5 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $106,988 | $51.4 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $130,570 | $62.8 |
Detailed Computer and Mathematical Occupations Market Analysis
Relocation Context
Nominal Salary
$85,590
Gross Pay
Real Wage (Purchasing Power)
$85,590
Adjusted for COL (100)
An average annual salary of $85,590 in Waterloo-Cedar Falls, IA, aligns precisely with the national average cost of living, indicated by an index of 100. This means that the purchasing power of the local salary is neither significantly enhanced nor diminished by the cost of living expenses, offering a stable financial baseline for residents compared to the national standard.
Job Market Context
1,470
Total Jobs
17.164
Per 1K Jobs
0.51
Location Quotient
Waterloo-Cedar Falls, IA has 0.51x 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.
The Location Quotient of 0.51 for Computer and Mathematical Occupations in Waterloo-Cedar Falls indicates that these roles are less prevalent in the local job market compared to the national average. This suggests that while opportunities exist, the market may be less competitive in terms of the sheer number of available professionals, potentially offering a unique advantage to skilled individuals entering the area.
Nearby Job Markets
Nearby Cities for Computer and Mathematical Occupations
Comparing salaries near Waterloo-Cedar Falls, IA
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Frequently Asked Questions
How much does a Computer and Mathematical Occupations make in Waterloo-Cedar Falls, IA?
The median annual salary for a Computer and Mathematical Occupations in Waterloo-Cedar Falls, IA is $85,590. This typically ranges from $46,450 for entry-level positions to $130,570 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Waterloo-Cedar Falls, IA is 28.2% lower than the national median of $119,220.
Is Waterloo-Cedar Falls, IA a lucrative place for Computer and Mathematical Occupationss?
No, not when compared to national averages.The average salary of $85,590 is significantly lower than the national average of $119,220, although the cost of living is at the national average.
Is Waterloo-Cedar Falls, IA a good place to live for Computer and Mathematical Occupations?
The Cost of Living Index in Waterloo-Cedar Falls, IA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Waterloo-Cedar Falls, IA?
Some top paying nearby cities include Cedar Rapids, IA ($92,670) and Southeast Iowa nonmetropolitan area.
How does the local job market compare to the national market for tech roles?
The local market in Waterloo-Cedar Falls has a lower concentration of Computer and Mathematical Occupations roles (LQ of 0.51) compared to the national average, indicating fewer specialized jobs relative to the overall workforce.
What is the total number of Computer and Mathematical Occupations jobs in Waterloo-Cedar Falls?
There are approximately 1,470 individuals employed in Computer and Mathematical Occupations within the Waterloo-Cedar Falls, IA area.
How does the cost of living in Waterloo-Cedar Falls affect the salary?
With a Cost of Living Index of 100, the local cost of living is exactly at the national average, meaning the $85,590 salary has standard purchasing power relative to the rest of the country.
What does a Location Quotient of 0.51 mean for tech professionals?
A Location Quotient of 0.51 signifies that Computer and Mathematical Occupations are less concentrated in Waterloo-Cedar Falls than the national average, suggesting a potentially less saturated but possibly smaller job market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,470 employees in the Waterloo-Cedar Falls, IA area with a job density of 17.164 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 Waterloo-Cedar Falls, IA