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Average Construction and Extraction Occupations Salary in Indiana

In Indiana, professionals in Construction and Extraction Occupations can expect an average annual salary of $63,680. This figure is remarkably close to the national average of $64,030, indicating a competitive market. The specific economic landscape and demand within Indiana significantly influence this compensation, making it a key factor for potential and current workers in the sector.

Executive Summary

  • Average Salary: $63,680 per year.
  • Growth Trend: Salaries have shifted 22.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $93,710.
  • Outlook: Indiana's construction and extraction sector demonstrates a robust presence, employing a substantial 139,940 individuals. With a Location Quotient of 1.06, the state shows a slightly higher concentration of these roles compared to the national average, suggesting a stable and potentially growing demand for skilled labor within this industry.
2024 Market Data

Salary Overview

$63,680

The average Construction and Extraction Occupations in Indiana earns-0.5%below the national average.

BreakdownBased on 40h/week
Hourly

$30.6

Weekly

$1,225

Monthly

$5,307

Construction and Extraction Occupations Salary Distribution in Indiana

Salary progression within Construction and Extraction Occupations in Indiana typically scales significantly with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills and extensive experience can command salaries well into the higher percentiles, reflecting increased responsibility and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$38,700$18.6
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$47,760$23
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$60,720$29.2
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$79,600$38.3
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$93,710$45.1

Detailed Construction and Extraction Occupations Market Analysis

Relocation Context

Nominal Salary

$63,680

Gross Pay

Real Wage (Purchasing Power)

$70,756

Adjusted for COL (90)

The average annual salary of $63,680 in Indiana offers considerable purchasing power, especially when contrasted with the state's Cost of Living Index of 90. This index, being 10% below the national average, means that the nominal salary translates into a higher real income, allowing residents to enjoy a better standard of living compared to many other states.

Job Market Context

139,940

Total Jobs

43.915

Per 1K Jobs

1.06

Location Quotient

Above Average

With a location quotient of 1.06, Indiana has a slightly higher-than-average concentration of Construction and Extraction Occupations roles compared to the national norm.

Indiana's Location Quotient of 1.06 for Construction and Extraction Occupations signifies a job market that is slightly more concentrated than the national average. This suggests that the industry is a notable component of Indiana's economy, potentially offering more opportunities and a competitive environment for professionals in this field.

Nearby Job Markets

Hiring Construction and Extraction Occupationss?

Frequently Asked Questions

How much does a Construction and Extraction Occupations make in Indiana?

The median annual salary for a Construction and Extraction Occupations in Indiana is $63,680. This typically ranges from $38,700 for entry-level positions to $93,710 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Indiana is 0.5% lower than the national median of $64,030.

Is Indiana a lucrative place for Construction and Extraction Occupationss?

Yes, Indiana offers a competitive salary and a favorable cost of living for Construction and Extraction Occupations.The average salary is nearly on par with the national average, while the cost of living is below the national average, enhancing purchasing power.

Is Indiana a good place to live for Construction and Extraction Occupations?

With a Cost of Living Index of 90 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Indiana?

Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($64,990) and Kokomo, IN.

How does Indiana's average salary compare to the national average for this sector?

Indiana's average annual salary of $63,680 is very close to the national average of $64,030, indicating a comparable compensation landscape.

What is the significance of Indiana's Location Quotient (1.06)?

A Location Quotient of 1.06 means that Construction and Extraction Occupations are slightly more concentrated in Indiana than the national average, suggesting a healthy presence and demand for these roles.

How does the cost of living in Indiana affect the salary?

With a Cost of Living Index of 90 (10% below the national average), the $63,680 salary in Indiana provides a higher effective purchasing power than the same nominal salary in a higher cost-of-living state.

What is the total workforce size for Construction and Extraction Occupations in Indiana?

Indiana supports a substantial workforce of 139,940 individuals in Construction and Extraction Occupations, highlighting the sector's economic importance within the state.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 139,940 employees in the Indiana area with a job density of 43.915 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.