Average Construction and Extraction Occupations Salary in Guam
Construction and Extraction Occupations in Guam command an average annual salary of $39,520. This figure is notably lower than the national average of $64,030. The unique economic landscape and specific demands of island-based construction projects in Guam likely contribute to this localized pay scale.
Executive Summary
- Average Salary: $39,520 per year.
- Growth Trend: Salaries have shifted 21.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $50,420.
- Outlook: With a total local workforce of 6,970 individuals in Construction and Extraction Occupations, Guam demonstrates a significant concentration of these roles, indicated by a Location Quotient of 2.72. This suggests a robust demand and a specialized labor market that heavily relies on these skilled professionals, far exceeding national averages in terms of per capita employment.
Salary Overview
The average Construction and Extraction Occupations in Guam earns-38.3%below the national average.
$19
$760
$3,293
Construction and Extraction Occupations Salary Trends (2020-2024)
While specific historical data for Guam'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 patterns. Factors such as infrastructure development, post-disaster rebuilding efforts, and general economic growth typically drive increases in compensation for these essential roles.
Construction and Extraction Occupations Salary Distribution in Guam
Within Guam's Construction and Extraction sector, salary progression is strongly tied to experience and specialization. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries. The widening gap between the 25th and 75th percentiles of earnings clearly signifies substantial career advancement opportunities and earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $29,950 | $14.4 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $29,640 | $14.3 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $36,480 | $17.5 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $49,400 | $23.8 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $50,420 | $24.2 |
Detailed Construction and Extraction Occupations Market Analysis
Relocation Context
Nominal Salary
$39,520
Gross Pay
Real Wage (Purchasing Power)
$30,400
Adjusted for COL (130)
The average annual salary of $39,520 in Guam for Construction and Extraction Occupations must be viewed in the context of its Cost of Living Index of 130. This index, significantly higher than the national average of 100, indicates that everyday expenses are approximately 30% more costly. Therefore, the purchasing power of the nominal salary is considerably reduced, requiring careful financial planning for residents.
Job Market Context
6,970
Total Jobs
112.143
Per 1K Jobs
2.72
Location Quotient
Guam has 2.7x 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.
Guam's Location Quotient of 2.72 for Construction and Extraction Occupations signifies a market that is more than twice as concentrated as the national average. This indicates a high demand for these specialized skills relative to the general workforce, suggesting a competitive environment for employers seeking talent and potentially favorable conditions for experienced workers.
Nearby Job Markets
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Frequently Asked Questions
How much does a Construction and Extraction Occupations make in Guam?
The median annual salary for a Construction and Extraction Occupations in Guam is $39,520. This typically ranges from $29,950 for entry-level positions to $50,420 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Guam is 38.3% lower than the national median of $64,030.
Is Guam a lucrative place for Construction and Extraction Occupationss?
No, not solely based on nominal salary.While Guam has a high concentration of these jobs, the average salary of $39,520 is substantially lower than the national average, and the cost of living is significantly higher.
Is Guam a good place to live for Construction and Extraction Occupations?
The Cost of Living Index in Guam is 130. While higher than average, this often correlates with higher wages.
How does Guam's job market compare to the national average for Construction and Extraction?
Guam's market is more concentrated, with 112.143 jobs per 1,000 workers compared to the national average, indicating a higher relative demand for these roles locally.
What is the impact of Guam's high cost of living on salaries?
The Cost of Living Index of 130 means that the $39,520 salary has less purchasing power than it would in a location with a national average cost of living.
Are there significant salary differences based on experience in Guam's construction sector?
Yes, experience plays a crucial role, with senior roles commanding much higher salaries than entry-level positions, reflecting a clear career progression path.
What does a Location Quotient of 2.72 mean for Construction and Extraction jobs in Guam?
It signifies that these occupations are more than 2.7 times more prevalent in Guam's workforce compared to the national average, highlighting a specialized and concentrated industry.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,970 employees in the Guam area with a job density of 112.143 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 Guam