Average Construction and Extraction Occupations Salary in Homosassa Springs, FL
In Homosassa Springs, FL, professionals in Construction and Extraction Occupations can expect an average annual salary of $47,470. This figure is notably below the national average of $64,030, suggesting that local market dynamics and potentially a different economic landscape influence compensation in this Florida region. The specific economic drivers and demand within Homosassa Springs contribute to this localized pay scale.
Executive Summary
- Average Salary: $47,470 per year.
- Growth Trend: Salaries have shifted 25.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $65,520.
- Outlook: The construction and extraction sector in Homosassa Springs, FL, demonstrates a significant presence with a total local workforce of 2,190 individuals. The location quotient of 1.52 indicates a concentration of these jobs approximately 52% higher than the national average, signaling a robust demand and a specialized labor market within the area. This suggests that the industry plays a vital role in the local economy, supporting a substantial portion of the workforce.
Salary Overview
The average Construction and Extraction Occupations in Homosassa Springs, FL earns-25.9%below the national average.
$22.8
$913
$3,956
Construction and Extraction Occupations Salary Trends (2020-2024)
While specific historical data for Homosassa Springs is not provided, it is generally assumed that the construction and extraction sector, like many others, has experienced fluctuations and growth over the past four years. Salary trends nationally have shown an upward trajectory, driven by inflation, increased demand for skilled labor, and infrastructure investments. It is reasonable to infer that Homosassa Springs has likely seen some level of salary appreciation in these roles, albeit potentially at a different pace than the national average.
Construction and Extraction Occupations Salary Distribution in Homosassa Springs, FL
Within the Construction and Extraction Occupations in Homosassa Springs, FL, career progression is typically reflected in salary increases. Entry-level positions will naturally command lower salaries, while seasoned professionals with extensive experience and specialized skills can expect significantly higher compensation. The percentile gaps in earnings between junior and senior roles highlight the value placed on experience and expertise, offering a clear path for career advancement and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $32,170 | $15.5 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $35,603 | $17.1 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $44,810 | $21.5 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $59,338 | $28.5 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $65,520 | $31.5 |
Detailed Construction and Extraction Occupations Market Analysis
Relocation Context
Nominal Salary
$47,470
Gross Pay
Real Wage (Purchasing Power)
$47,470
Adjusted for COL (100)
The average annual salary of $47,470 in Homosassa Springs, FL, aligns precisely 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 for these occupations, the purchasing power of that income locally is equivalent to the national standard. Therefore, the $47,470 salary offers a comparable standard of living to what one might expect elsewhere in the country, without the added burden of higher living expenses.
Job Market Context
2,190
Total Jobs
62.644
Per 1K Jobs
1.52
Location Quotient
Homosassa Springs, FL has 1.5x 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 1.52, Homosassa Springs, FL, exhibits a higher concentration of Construction and Extraction Occupations compared to the national average. This suggests that the job market in this sector is relatively more abundant and specialized in Homosassa Springs. Employers may find a deeper pool of qualified local talent, while job seekers might encounter more opportunities within this specific industry, indicating a competitive yet accessible market for these roles.
Nearby Job Markets
Nearby Cities for Construction and Extraction Occupations
| City | Salary | Dist. |
|---|---|---|
| Wildwood-The Villages, FL Construction and Extraction Occupations Salary | $50,960↑ 7% | 32 mi |
| Ocala, FL Construction and Extraction Occupations Salary | $48,110↑ 1% | 34 mi |
| Tampa-St. Petersburg-Clearwater, FL Construction and Extraction Occupations Salary | $54,030↑ 14% | 60 mi |
| Gainesville, FL Construction and Extraction Occupations Salary | $50,320↑ 6% | 61 mi |
| Lakeland-Winter Haven, FL Construction and Extraction Occupations Salary | $51,510↑ 9% | 63 mi |
Comparing salaries near Homosassa Springs, FL
Hiring Construction and Extraction Occupationss?
Frequently Asked Questions
How much does a Construction and Extraction Occupations make in Homosassa Springs, FL?
The median annual salary for a Construction and Extraction Occupations in Homosassa Springs, FL is $47,470. This typically ranges from $32,170 for entry-level positions to $65,520 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Homosassa Springs, FL is 25.9% lower than the national median of $64,030.
Is Homosassa Springs, FL a lucrative place for Construction and Extraction Occupationss?
No, not when compared to the national average salary.While the concentration of these jobs is higher than the national average (LQ of 1.52), the average salary of $47,470 is significantly lower than the national average of $64,030.
Is Homosassa Springs, FL a good place to live for Construction and Extraction Occupations?
The Cost of Living Index in Homosassa Springs, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Homosassa Springs, FL?
Some top paying nearby cities include Wildwood-The Villages, FL ($50,960) and Ocala, FL.
How does the local workforce size impact job availability?
A local workforce of 2,190 in Construction and Extraction Occupations indicates a substantial pool of labor, suggesting a stable job market with ongoing demand for skilled professionals in Homosassa Springs.
What does a Location Quotient of 1.52 mean for job seekers?
A Location Quotient of 1.52 signifies that Construction and Extraction Occupations are 52% more concentrated in Homosassa Springs than the national average, implying a specialized and potentially more robust job market for these roles locally.
How does the Cost of Living in Homosassa Springs compare nationally?
Homosassa Springs has a Cost of Living Index of 100, which is exactly the national average. This means that the general expenses for housing, food, and transportation are comparable to the rest of the United States.
Are Construction and Extraction jobs common in Homosassa Springs?
Yes, with 62.644 jobs per 1,000 workers, these occupations are more prevalent in Homosassa Springs than the national average, indicating a strong presence within the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,190 employees in the Homosassa Springs, FL area with a job density of 62.644 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Construction and Extraction Occupations Salaries by State
Top Jobs in Homosassa Springs, FL
- All Occupations Salary in Homosassa Springs, FL
- Food Preparation and Serving Related Occupations Salary in Homosassa Springs, FL
- Office and Administrative Support Occupations Salary in Homosassa Springs, FL
- Sales and Related Occupations Salary in Homosassa Springs, FL
- Healthcare Practitioners and Technical Occupations Salary in Homosassa Springs, FL
- Transportation and Material Moving Occupations Salary in Homosassa Springs, FL
- Construction and Extraction Occupations Salary in Homosassa Springs, FL
- Healthcare Support Occupations Salary in Homosassa Springs, FL
- Management Occupations Salary in Homosassa Springs, FL
- Educational Instruction and Library Occupations Salary in Homosassa Springs, FL
- Browse All Jobs in Homosassa Springs, FL →
Semantic Salary Analysis for Construction and Extraction Occupations • Data source: BLS OEWS 2024 •Jobs in Homosassa Springs, FL