Average Construction and Extraction Occupations Salary in Fargo, ND-MN
In Fargo, ND-MN, professionals in Construction and Extraction Occupations can expect an average annual salary of $62,450. This figure is slightly below the national average of $64,030, suggesting that while demand is present, local economic factors or specific industry dynamics may influence compensation levels. The cost of living in Fargo aligns perfectly with the national average, meaning your earnings here will have purchasing power comparable to the rest of the country.
Executive Summary
- Average Salary: $62,450 per year.
- Growth Trend: Salaries have shifted 17.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $82,540.
- Outlook: The Fargo, ND-MN metropolitan area supports a substantial workforce of 8,520 individuals in Construction and Extraction Occupations. With a Location Quotient of 1.4, this sector is notably more concentrated in Fargo than the national average, indicating a robust and established presence of these roles. This concentration suggests a healthy job market with consistent demand for skilled labor in construction and extraction.
Salary Overview
The average Construction and Extraction Occupations in Fargo, ND-MN earns-2.5%below the national average.
$30
$1,201
$5,204
Construction and Extraction Occupations Salary Trends (2020-2024)
While specific historical data for Fargo's Construction and Extraction Occupations is not provided, it is reasonable to assume a general upward trend in salaries over the past four years, mirroring national economic patterns. Factors such as inflation, increased demand for housing and infrastructure, and a growing need for skilled tradespeople typically drive salary growth in this sector, making it a dynamic field for career advancement.
Construction and Extraction Occupations Salary Distribution in Fargo, ND-MN
Salaries within Construction and Extraction Occupations in Fargo, ND-MN, naturally scale with experience and specialization. Entry-level positions will command lower salaries, while seasoned professionals with expertise in specialized trades or project management will see significantly higher compensation. The percentile gaps between entry-level, mid-career, and senior roles signify clear pathways for career progression and increased earning potential within the Fargo market.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $44,350 | $21.3 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $46,838 | $22.5 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $59,760 | $28.7 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $78,063 | $37.5 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $82,540 | $39.7 |
Detailed Construction and Extraction Occupations Market Analysis
Relocation Context
Nominal Salary
$62,450
Gross Pay
Real Wage (Purchasing Power)
$62,450
Adjusted for COL (100)
The average annual salary of $62,450 in Fargo, ND-MN, is perfectly balanced by the local Cost of Living Index of 100, which is the national average. This means that the nominal salary translates directly into national average purchasing power, offering stability for those relocating or residing in the area. While the salary is slightly below the national average, the equivalent cost of living ensures that your take-home pay maintains its value.
Job Market Context
8,520
Total Jobs
57.742
Per 1K Jobs
1.4
Location Quotient
With a location quotient of 1.40, Fargo, ND-MN has a slightly higher-than-average concentration of Construction and Extraction Occupations roles compared to the national norm.
Fargo, ND-MN boasts a Location Quotient of 1.4 for Construction and Extraction Occupations, indicating that this industry is 40% more concentrated here than the national average. This higher concentration signifies a strong local demand and a well-developed ecosystem for these professions, suggesting a competitive but abundant job market where skilled workers are highly valued and sought after.
Nearby Job Markets
Nearby Cities for Construction and Extraction Occupations
| City | Salary | Dist. |
|---|---|---|
| Grand Forks, ND-MN Construction and Extraction Occupations Salary | $61,460↓ 2% | 74 mi |
Comparing salaries near Fargo, ND-MN
Hiring Construction and Extraction Occupationss?
Frequently Asked Questions
How much does a Construction and Extraction Occupations make in Fargo, ND-MN?
The median annual salary for a Construction and Extraction Occupations in Fargo, ND-MN is $62,450. This typically ranges from $44,350 for entry-level positions to $82,540 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fargo, ND-MN is 2.5% lower than the national median of $64,030.
Is Fargo, ND-MN a lucrative place for Construction and Extraction Occupationss?
Yes, with caveats.Fargo offers a strong concentration of these jobs (LQ 1.4) and a cost of living matching the national average, ensuring your earnings retain their value. However, the average salary is slightly below the national benchmark.
Is Fargo, ND-MN a good place to live for Construction and Extraction Occupations?
The Cost of Living Index in Fargo, ND-MN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fargo, ND-MN?
Some top paying nearby cities include Grand Forks, ND-MN ($61,460) and others.
How does Fargo's salary for Construction and Extraction compare to the national average?
The average annual salary in Fargo, ND-MN, is $62,450, which is slightly lower than the national average of $64,030.
What is the significance of the Location Quotient in Fargo?
A Location Quotient of 1.4 means that Construction and Extraction Occupations are 40% more concentrated in Fargo than the national average, indicating strong local demand and industry presence.
How does the cost of living affect the salary in Fargo?
Fargo's Cost of Living Index is 100, matching the national average. This means the $62,450 salary has the same purchasing power as the national average salary, offering good value.
What is the total workforce size for these occupations in Fargo?
There are approximately 8,520 individuals employed in Construction and Extraction Occupations within the Fargo, ND-MN metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 8,520 employees in the Fargo, ND-MN area with a job density of 57.742 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 Fargo, ND-MN