SalaryNode

Average Construction and Extraction Occupations Salary in Albany, OR

In Albany, OR, professionals in Construction and Extraction Occupations earn an average annual salary of $65,070. This figure slightly surpasses the national average of $64,030, indicating a favorable compensation landscape for these roles within the region. Local economic factors and demand likely contribute to this competitive pay.

Executive Summary

  • Average Salary: $65,070 per year.
  • Growth Trend: Salaries have shifted 16.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $101,260.
  • Outlook: The construction and extraction sector in Albany, OR, demonstrates a robust presence with a total local workforce of 2,450 individuals. The location quotient of 1.29 signifies that this industry is more concentrated in Albany than the national average, suggesting a healthy demand and a significant role for these occupations within the local economy.
2024 Market Data

Salary Overview

$65,070

The average Construction and Extraction Occupations in Albany, OR earns+1.6%above the national average.

BreakdownBased on 40h/week
Hourly

$31.3

Weekly

$1,251

Monthly

$5,423

Construction and Extraction Occupations Salary Distribution in Albany, OR

Career progression within Construction and Extraction Occupations in Albany, OR, is typically marked by a significant salary increase from entry-level to senior positions. While specific percentile data isn't available, the gap between lower and higher earners generally widens considerably, reflecting the value placed on experience, specialized skills, and leadership responsibilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$40,330$19.4
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$48,803$23.5
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$58,430$28.1
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$81,338$39.1
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$101,260$48.7

Detailed Construction and Extraction Occupations Market Analysis

Relocation Context

Nominal Salary

$65,070

Gross Pay

Real Wage (Purchasing Power)

$65,070

Adjusted for COL (100)

With an average annual salary of $65,070 and a Cost of Living Index of 100, the nominal income in Albany, OR, aligns perfectly with the national average cost of living. This means that the purchasing power of the salary is directly comparable to the national average, offering stability for those considering relocation.

Job Market Context

2,450

Total Jobs

53.367

Per 1K Jobs

1.29

Location Quotient

Above Average

With a location quotient of 1.29, Albany, OR has a slightly higher-than-average concentration of Construction and Extraction Occupations roles compared to the national norm.

Albany, OR, exhibits a notable concentration of Construction and Extraction Occupations, as evidenced by its location quotient of 1.29. This suggests that the job market for these roles is more robust and potentially more competitive than the national average, offering ample opportunities for skilled professionals.

Nearby Job Markets

Hiring Construction and Extraction Occupationss?

Frequently Asked Questions

How much does a Construction and Extraction Occupations make in Albany, OR?

The median annual salary for a Construction and Extraction Occupations in Albany, OR is $65,070. This typically ranges from $40,330 for entry-level positions to $101,260 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Albany, OR is 1.6% higher than the national median of $64,030.

Is Albany, OR a lucrative place for Construction and Extraction Occupationss?

Yes, Albany, OR offers a slightly above-average salary for these roles.The average annual salary of $65,070 in Albany, OR, exceeds the national average, and the cost of living is on par with the national average, making it a financially sound location.

Is Albany, OR a good place to live for Construction and Extraction Occupations?

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

Where are the highest paying cities near Albany, OR?

Some top paying nearby cities include Corvallis, OR ($67,610) and Salem, OR.

What is the average salary for Construction and Extraction Occupations in Albany, OR?

The average annual salary for Construction and Extraction Occupations in Albany, OR is $65,070.

How does Albany, OR's cost of living compare to the national average?

Albany, OR has a Cost of Living Index of 100, which is exactly the national average.

How concentrated are Construction and Extraction Occupations jobs in Albany, OR?

Construction and Extraction Occupations are more concentrated in Albany, OR than the national average, with a location quotient of 1.29.

How many Construction and Extraction Occupations workers are there in Albany, OR?

There are approximately 2,450 individuals employed in Construction and Extraction Occupations in Albany, OR.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,450 employees in the Albany, OR area with a job density of 53.367 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.