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Average Computer Occupations, All Other Salary in Lexington-Fayette, KY

In Lexington-Fayette, KY, professionals in Computer Occupations, All Other earn an average annual salary of $106,460. This figure is notably below the national average of $116,810, suggesting that local market dynamics and specific industry demands in the region may influence compensation levels compared to broader national trends.

Executive Summary

  • Average Salary: $106,460 per year.
  • Growth Trend: Salaries have shifted 44.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $217,670.
  • Outlook: The local market for Computer Occupations, All Other in Lexington-Fayette, KY, comprises approximately 250 individuals. With a Location Quotient of 0.32, this indicates a lower concentration of these roles compared to the national average, suggesting that while the workforce is present, it is not a dominant sector within the local economy.
2024 Market Data

Salary Overview

$106,460

The average Computer Occupations, All Other in Lexington-Fayette, KY earns-8.9%below the national average.

BreakdownBased on 40h/week
Hourly

$51.2

Weekly

$2,047

Monthly

$8,872

Computer Occupations, All Other Salary Distribution in Lexington-Fayette, KY

Salary progression for Computer Occupations, All Other typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while senior roles, with extensive expertise and specialized skills, command salaries in the upper percentiles, reflecting the value of accumulated knowledge and leadership.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$46,740$22.5
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$79,845$38.4
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$91,670$44.1
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$133,075$64
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$217,670$104.6

Detailed Computer Occupations, All Other Market Analysis

Relocation Context

Nominal Salary

$106,460

Gross Pay

Real Wage (Purchasing Power)

$106,460

Adjusted for COL (100)

The nominal average salary of $106,460 in Lexington-Fayette, KY, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the average salary in this location is equivalent to the national average, offering a stable financial environment for residents.

Job Market Context

250

Total Jobs

0.898

Per 1K Jobs

0.32

Location Quotient

Low Concentration

At 0.32x, Lexington-Fayette, KY has a notably lower concentration of Computer Occupations, All Other jobs than the national average. Opportunities in this area are relatively scarce for this profession.

A Location Quotient of 0.32 for Computer Occupations, All Other in Lexington-Fayette, KY, signifies that this field is less concentrated locally than the national average. This suggests a potentially less competitive market for specialized talent in this area, but also indicates fewer overall opportunities compared to regions with higher concentration.

Nearby Job Markets

Hiring Computer Occupations, All Others?

Frequently Asked Questions

How much does a Computer Occupations, All Other make in Lexington-Fayette, KY?

The median annual salary for a Computer Occupations, All Other in Lexington-Fayette, KY is $106,460. This typically ranges from $46,740 for entry-level positions to $217,670 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lexington-Fayette, KY is 8.9% lower than the national median of $116,810.

Is Lexington-Fayette, KY a lucrative place for Computer Occupations, All Others?

No, not exceptionally lucrative compared to the national average.The average salary of $106,460 is below the national average, although the cost of living is on par with the national average, offering stable purchasing power.

Is Lexington-Fayette, KY a good place to live for Computer Occupations, All Others?

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 ($86,260) and South Central Kentucky nonmetropolitan area.

How does the local workforce size impact salary for Computer Occupations, All Other in Lexington-Fayette, KY?

A local workforce of 250 suggests a moderate presence, but the lower concentration (LQ of 0.32) indicates it's not a primary hub, which can influence salary competitiveness.

What does a Location Quotient of 0.32 mean for tech professionals in Lexington-Fayette, KY?

It means there are fewer 'Computer Occupations, All Other' roles per worker in Lexington-Fayette compared to the national average, potentially indicating less specialized demand or a broader economic base.

How does the cost of living in Lexington-Fayette, KY compare to the national average?

The Cost of Living Index is 100, exactly matching the national average, meaning your salary's purchasing power is standard.

Are there many jobs for 'Computer Occupations, All Other' in Lexington-Fayette, KY?

With 0.898 jobs per 1,000 workers, the availability is modest, reflecting the lower concentration compared to national benchmarks.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Lexington-Fayette, KY area with a job density of 0.898 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.