Average Construction and Extraction Occupations Salary in Cape Coral-Fort Myers, FL
In Cape Coral-Fort Myers, FL, professionals in Construction and Extraction Occupations earn an average annual salary of $51,710. This figure is notably below the national average of $64,030, suggesting that local market dynamics, such as specific industry demands or labor supply, may influence compensation levels in this region. Understanding these local factors is crucial for career planning and salary negotiation.
Executive Summary
- Average Salary: $51,710 per year.
- Growth Trend: Salaries have shifted 23.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $76,080.
- Outlook: The construction and extraction sector in Cape Coral-Fort Myers is robust, with a substantial local workforce of 27,610 individuals. The high Location Quotient of 2.23 indicates that this occupation group is significantly more concentrated here than the national average, pointing to strong local demand and a well-established presence of these roles within the regional economy.
Salary Overview
The average Construction and Extraction Occupations in Cape Coral-Fort Myers, FL earns-19.2%below the national average.
$24.9
$994
$4,309
Construction and Extraction Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that the construction and extraction sector has experienced steady growth over the past four years, mirroring national trends. This growth likely translates to increased demand for skilled labor and potentially upward pressure on salaries, although regional economic factors can moderate these effects.
Construction and Extraction Occupations Salary Distribution in Cape Coral-Fort Myers, FL
Salary progression within Construction and Extraction Occupations in Cape Coral-Fort Myers typically sees significant increases with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command substantially higher salaries, reflecting the value of expertise and career advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $35,260 | $17 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $38,783 | $18.6 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $47,550 | $22.9 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $64,638 | $31.1 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $76,080 | $36.6 |
Detailed Construction and Extraction Occupations Market Analysis
Relocation Context
Nominal Salary
$51,710
Gross Pay
Real Wage (Purchasing Power)
$51,710
Adjusted for COL (100)
The average annual salary of $51,710 in Cape Coral-Fort Myers aligns perfectly with the national average cost of living, indicated by an index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income is maintained locally, offering a stable financial environment for residents.
Job Market Context
27,610
Total Jobs
91.923
Per 1K Jobs
2.23
Location Quotient
Cape Coral-Fort Myers, FL has 2.2x the national concentration of Construction and Extraction 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 2.23, Construction and Extraction Occupations are more than twice as prevalent in Cape Coral-Fort Myers compared to the national average. This high concentration suggests a very active job market with abundant opportunities for skilled workers, indicating strong employer demand and a competitive landscape for talent.
Nearby Job Markets
Nearby Cities for Construction and Extraction Occupations
| City | Salary | Dist. |
|---|---|---|
| Punta Gorda, FL Construction and Extraction Occupations Salary | $52,180↑ 1% | 18 mi |
| North Port-Bradenton-Sarasota, FL Construction and Extraction Occupations Salary | $52,950↑ 2% | 31 mi |
| Naples-Marco Island, FL Construction and Extraction Occupations Salary | $56,470↑ 9% | 36 mi |
| Sebring, FL Construction and Extraction Occupations Salary | $47,570↓ 8% | 67 mi |
| North Florida nonmetropolitan area Construction and Extraction Occupations Salary | $53,050↑ 3% | 80 mi |
Comparing salaries near Cape Coral-Fort Myers, FL
Hiring Construction and Extraction Occupationss?
Frequently Asked Questions
How much does a Construction and Extraction Occupations make in Cape Coral-Fort Myers, FL?
The median annual salary for a Construction and Extraction Occupations in Cape Coral-Fort Myers, FL is $51,710. This typically ranges from $35,260 for entry-level positions to $76,080 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Cape Coral-Fort Myers, FL is 19.2% lower than the national median of $64,030.
Is Cape Coral-Fort Myers, FL a lucrative place for Construction and Extraction Occupationss?
No, but the market is highly concentrated.While the average salary of $51,710 is below the national average, the high concentration of these jobs (LQ 2.23) indicates strong local demand and numerous opportunities.
Is Cape Coral-Fort Myers, FL a good place to live for Construction and Extraction Occupations?
The Cost of Living Index in Cape Coral-Fort Myers, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Cape Coral-Fort Myers, FL?
Some top paying nearby cities include Punta Gorda, FL ($52,180) and North Port-Bradenton-Sarasota, FL.
How does the Cape Coral-Fort Myers salary compare to the national average?
The average annual salary for Construction and Extraction Occupations in Cape Coral-Fort Myers is $51,710, which is lower than the national average of $64,030.
What is the significance of the Location Quotient (LQ) in Cape Coral-Fort Myers?
An LQ of 2.23 means that Construction and Extraction Occupations are more than twice as common in Cape Coral-Fort Myers compared to the national average, indicating a strong local industry presence and demand.
How does the Cost of Living affect the $51,710 salary?
With a Cost of Living Index of 100, the local purchasing power of the $51,710 salary is equivalent to the national average, meaning your money goes as far in Cape Coral-Fort Myers as it does nationwide.
What does the total local workforce number imply for job seekers?
A local workforce of 27,610 in these occupations suggests a significant pool of professionals, but combined with the high LQ, it points to a dynamic market with substantial job availability.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 27,610 employees in the Cape Coral-Fort Myers, FL area with a job density of 91.923 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Construction and Extraction Occupations • Data source: BLS OEWS 2024 •Jobs in Cape Coral-Fort Myers, FL