Average Construction and Extraction Occupations Salary in Florence, SC
In Florence, SC, professionals in Construction and Extraction Occupations can expect an average annual salary of $49,800. This figure is notably below the national average of $64,030, indicating that local economic factors and demand within the region play a significant role in compensation levels for these vital roles.
Executive Summary
- Average Salary: $49,800 per year.
- Growth Trend: Salaries have shifted 8.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $73,380.
- Outlook: The Florence, SC market for Construction and Extraction Occupations is characterized by a local workforce of 2,640 individuals. With a Location Quotient of 0.71, the concentration of these jobs is slightly below the national average, suggesting a stable but not overly saturated employment landscape. The rate of 29.351 jobs per 1,000 workers further underscores a consistent presence of these roles within the local economy.
Salary Overview
The average Construction and Extraction Occupations in Florence, SC earns-22.2%below the national average.
$23.9
$958
$4,150
Construction and Extraction Occupations Salary Trends (2020-2024)
While specific historical data for Florence, SC is not provided, it is generally assumed that the Construction and Extraction sector, like many others, has experienced gradual salary growth over the past four years. Factors such as inflation, increased demand for infrastructure, and evolving construction techniques typically contribute to upward pressure on wages in this field, suggesting a positive trajectory for compensation.
Construction and Extraction Occupations Salary Distribution in Florence, SC
Salary progression within Construction and Extraction Occupations in Florence, SC, is significantly influenced by experience. Entry-level positions typically command lower salaries, while seasoned professionals with specialized skills and a proven track record can achieve substantially higher earnings. The widening gap between entry-level and senior-level salaries, often reflected in percentile data, signifies clear career advancement opportunities and increased earning potential with accumulated expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $33,530 | $16.1 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $37,350 | $18 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $45,990 | $22.1 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $62,250 | $29.9 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $73,380 | $35.3 |
Detailed Construction and Extraction Occupations Market Analysis
Relocation Context
Nominal Salary
$49,800
Gross Pay
Real Wage (Purchasing Power)
$49,800
Adjusted for COL (100)
The average annual salary of $49,800 in Florence, SC, aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that income is equivalent to the national standard. Therefore, relocating to Florence for these roles does not present a disadvantage in terms of cost of living relative to income.
Job Market Context
2,640
Total Jobs
29.351
Per 1K Jobs
0.71
Location Quotient
Florence, SC has 0.71x the national average concentration of Construction and Extraction Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.71 for Construction and Extraction Occupations in Florence, SC, indicates that this sector is less concentrated than the national average. This suggests that while the jobs exist and are a part of the local economy, the market may not be as intensely competitive or as abundant with specialized talent compared to national hubs. This could present opportunities for skilled workers seeking roles in a less saturated environment.
Nearby Job Markets
Nearby Cities for Construction and Extraction Occupations
Comparing salaries near Florence, SC
Hiring Construction and Extraction Occupationss?
Frequently Asked Questions
How much does a Construction and Extraction Occupations make in Florence, SC?
The median annual salary for a Construction and Extraction Occupations in Florence, SC is $49,800. This typically ranges from $33,530 for entry-level positions to $73,380 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Florence, SC is 22.2% lower than the national median of $64,030.
Is Florence, SC a lucrative place for Construction and Extraction Occupationss?
No, not compared to the national average.The average salary of $49,800 is below the national average of $64,030, although the cost of living is on par with the national average.
Is Florence, SC a good place to live for Construction and Extraction Occupations?
The Cost of Living Index in Florence, SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Florence, SC?
Some top paying nearby cities include Sumter, SC ($54,310) and Myrtle Beach-Conway-North Myrtle Beach, SC.
What is the average salary for Construction and Extraction Occupations in Florence, SC?
The average annual salary for Construction and Extraction Occupations in Florence, SC is $49,800.
How does Florence, SC's cost of living compare to the national average?
Florence, SC has a Cost of Living Index of 100, which is exactly the national average.
How concentrated are Construction and Extraction jobs in Florence, SC?
Construction and Extraction jobs are less concentrated in Florence, SC, with a Location Quotient of 0.71, indicating a lower presence compared to the national average.
What is the total workforce size for these occupations in Florence, SC?
There are 2,640 individuals employed in Construction and Extraction Occupations in Florence, SC.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,640 employees in the Florence, SC area with a job density of 29.351 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 Florence, SC