SalaryNode

Average Construction and Extraction Occupations Salary in Janesville-Beloit, WI

Construction and Extraction Occupations in Janesville-Beloit, WI, command an impressive average annual salary of $69,390, surpassing the national average of $64,030. This localized premium is often driven by regional demand, specific project needs, and the unique economic landscape of the Janesville-Beloit area, which influences compensation for skilled trades.

Executive Summary

  • Average Salary: $69,390 per year.
  • Growth Trend: Salaries have shifted 21.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $98,150.
  • Outlook: With a total local workforce of 2,920 individuals in Construction and Extraction Occupations, and a Location Quotient of 1.02, the Janesville-Beloit market demonstrates a healthy concentration of these roles, closely mirroring national employment patterns. This suggests a stable and consistent demand for skilled labor within the region's construction and extraction sectors.
2024 Market Data

Salary Overview

$69,390

The average Construction and Extraction Occupations in Janesville-Beloit, WI earns+8.4%above the national average.

BreakdownBased on 40h/week
Hourly

$33.4

Weekly

$1,334

Monthly

$5,783

Construction and Extraction Occupations Salary Distribution in Janesville-Beloit, WI

Career progression within Construction and Extraction Occupations significantly impacts earning potential. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with specialized skills and extensive experience can command salaries well above the average. The widening gap between entry-level and senior-level salaries, often seen in percentile data, clearly signifies substantial opportunities for career advancement and increased earning power.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$44,060$21.2
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$52,043$25
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$66,090$31.8
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$86,738$41.7
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$98,150$47.2

Detailed Construction and Extraction Occupations Market Analysis

Relocation Context

Nominal Salary

$69,390

Gross Pay

Real Wage (Purchasing Power)

$69,390

Adjusted for COL (100)

The average annual salary of $69,390 in Janesville-Beloit, WI, is particularly attractive given the local Cost of Living Index stands precisely at the national average of 100. This means that the purchasing power of the salary is on par with the national standard, allowing residents to maintain a comparable lifestyle without the financial strain often associated with higher-priced regions.

Job Market Context

2,920

Total Jobs

42.192

Per 1K Jobs

1.02

Location Quotient

Above Average

With a location quotient of 1.02, Janesville-Beloit, WI has a slightly higher-than-average concentration of Construction and Extraction Occupations roles compared to the national norm.

A Location Quotient of 1.02 for Construction and Extraction Occupations in Janesville-Beloit indicates that this sector is slightly more concentrated locally than the national average. This suggests a robust and slightly more competitive job market, where the demand for these specialized skills is well-established and potentially growing, offering good opportunities for both new entrants and experienced professionals.

Nearby Job Markets

Hiring Construction and Extraction Occupationss?

Frequently Asked Questions

How much does a Construction and Extraction Occupations make in Janesville-Beloit, WI?

The median annual salary for a Construction and Extraction Occupations in Janesville-Beloit, WI is $69,390. This typically ranges from $44,060 for entry-level positions to $98,150 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Janesville-Beloit, WI is 8.4% higher than the national median of $64,030.

Is Janesville-Beloit, WI a lucrative place for Construction and Extraction Occupationss?

Yes, Janesville-Beloit, WI offers a lucrative environment for these professionals.The average salary of $69,390 exceeds the national average, and the cost of living is exactly at the national benchmark, providing strong purchasing power.

Is Janesville-Beloit, WI a good place to live for Construction and Extraction Occupations?

The Cost of Living Index in Janesville-Beloit, WI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Janesville-Beloit, WI?

Some top paying nearby cities include Rockford, IL ($76,040) and Madison, WI.

How does the Janesville-Beloit salary compare to the national average?

The average annual salary for Construction and Extraction Occupations in Janesville-Beloit is $69,390, which is higher than the national average of $64,030.

What is the significance of the Location Quotient in Janesville-Beloit?

A Location Quotient of 1.02 suggests that Construction and Extraction Occupations are slightly more concentrated in Janesville-Beloit compared to the national average, indicating a healthy local presence and demand for these roles.

How does the Cost of Living affect the salary in Janesville-Beloit?

With a Cost of Living Index of 100, which is the national average, the $69,390 salary in Janesville-Beloit offers purchasing power equivalent to the national standard.

What is the total workforce size for these occupations in Janesville-Beloit?

The total local workforce for Construction and Extraction Occupations in the Janesville-Beloit area comprises 2,920 individuals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,920 employees in the Janesville-Beloit, WI area with a job density of 42.192 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.