Average Construction and Extraction Occupations Salary in Kokomo, IN
Construction and Extraction Occupations in Kokomo, IN command an impressive average annual salary of $72,370, significantly surpassing the national average of $64,030. This higher local compensation is likely driven by a concentrated demand for these specialized skills within the Kokomo region, reflecting the specific economic drivers and project needs of the area.
Executive Summary
- Average Salary: $72,370 per year.
- Growth Trend: Salaries have shifted 17.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $94,210.
- Outlook: With a local workforce of 1,800 individuals in Construction and Extraction Occupations and a Location Quotient of 1.22, Kokomo, IN demonstrates a robust and slightly above-average concentration of these roles compared to the national landscape. This indicates a healthy demand for skilled labor in this sector within the region, suggesting a stable and potentially growing job market for construction and extraction professionals.
Salary Overview
The average Construction and Extraction Occupations in Kokomo, IN earns+13.0%above the national average.
$34.8
$1,392
$6,031
Construction and Extraction Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Construction and Extraction Occupations in Kokomo, IN have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for infrastructure projects, and a competitive labor market likely contribute to upward salary adjustments for these essential roles.
Construction and Extraction Occupations Salary Distribution in Kokomo, IN
Career progression within Construction and Extraction Occupations in Kokomo, IN typically leads to substantial salary increases. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with specialized skills and years of experience can command significantly higher salaries. The percentile gaps in earnings clearly signify distinct levels of career advancement and expertise within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $39,690 | $19.1 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $54,278 | $26.1 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $80,260 | $38.6 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $90,463 | $43.5 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $94,210 | $45.3 |
Detailed Construction and Extraction Occupations Market Analysis
Relocation Context
Nominal Salary
$72,370
Gross Pay
Real Wage (Purchasing Power)
$72,370
Adjusted for COL (100)
The average annual salary of $72,370 in Kokomo, IN aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Construction and Extraction professional's salary in Kokomo is equivalent to the national average, offering a stable financial standing without the added pressure of a higher cost of living.
Job Market Context
1,800
Total Jobs
50.511
Per 1K Jobs
1.22
Location Quotient
With a location quotient of 1.22, Kokomo, IN has a slightly higher-than-average concentration of Construction and Extraction Occupations roles compared to the national norm.
A Location Quotient of 1.22 for Construction and Extraction Occupations in Kokomo, IN signifies that this sector is more concentrated locally than the national average. This suggests a higher relative demand for these workers within Kokomo, potentially leading to more job opportunities and competitive compensation compared to regions with a lower concentration.
Nearby Job Markets
Nearby Cities for Construction and Extraction Occupations
| City | Salary | Dist. |
|---|---|---|
| Lafayette-West Lafayette, IN Construction and Extraction Occupations Salary | $63,070↓ 13% | 39 mi |
| Muncie, IN Construction and Extraction Occupations Salary | $57,700↓ 20% | 43 mi |
| Northern Indiana nonmetropolitan area Construction and Extraction Occupations Salary | $55,720↓ 23% | 43 mi |
| Southern Indiana nonmetropolitan area Construction and Extraction Occupations Salary | $60,360↓ 17% | 43 mi |
| Central Indiana nonmetropolitan area Construction and Extraction Occupations Salary | $56,910↓ 21% | 43 mi |
Comparing salaries near Kokomo, IN
Hiring Construction and Extraction Occupationss?
Frequently Asked Questions
How much does a Construction and Extraction Occupations make in Kokomo, IN?
The median annual salary for a Construction and Extraction Occupations in Kokomo, IN is $72,370. This typically ranges from $39,690 for entry-level positions to $94,210 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kokomo, IN is 13.0% higher than the national median of $64,030.
Is Kokomo, IN a lucrative place for Construction and Extraction Occupationss?
Yes, Kokomo, IN offers a lucrative environment for Construction and Extraction Occupations.The average salary of $72,370 significantly exceeds the national average, and the Cost of Living Index is at the national average, indicating strong earning potential.
Is Kokomo, IN a good place to live for Construction and Extraction Occupations?
The Cost of Living Index in Kokomo, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Kokomo, IN?
Some top paying nearby cities include Lafayette-West Lafayette, IN ($63,070) and Muncie, IN.
How does Kokomo's Construction and Extraction salary compare nationally?
Construction and Extraction Occupations in Kokomo, IN earn an average of $72,370 annually, which is notably higher than the national average of $64,030.
What is the concentration of Construction and Extraction jobs in Kokomo?
Kokomo, IN has a Location Quotient of 1.22 for these occupations, indicating a higher concentration of jobs than the national average.
Does the cost of living affect the salary in Kokomo?
The Cost of Living Index in Kokomo is 100, matching the national average, meaning the $72,370 salary offers purchasing power equivalent to the national average.
How many Construction and Extraction workers are in Kokomo?
There are approximately 1,800 individuals employed in Construction and Extraction Occupations within Kokomo, IN.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,800 employees in the Kokomo, IN area with a job density of 50.511 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 Kokomo, IN