Average Construction and Extraction Occupations Salary in Lafayette-West Lafayette, IN
In Lafayette-West Lafayette, IN, professionals in Construction and Extraction Occupations earn an average annual salary of $63,070. This figure is slightly below the national average of $64,030, suggesting a localized compensation structure influenced by regional economic factors and industry demand within the area. The total local workforce in this sector comprises 4,070 individuals, indicating a significant presence of these roles.
Executive Summary
- Average Salary: $63,070 per year.
- Growth Trend: Salaries have shifted 23.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $90,650.
- Outlook: The construction and extraction sector in Lafayette-West Lafayette, IN, demonstrates a stable presence with a total workforce of 4,070. The Location Quotient of 0.97 indicates that this sector is nearly as concentrated as the national average, suggesting consistent demand and a robust job market for these skilled professionals. With 39.849 jobs per 1,000 workers, the industry is a notable contributor to the local economy.
Salary Overview
The average Construction and Extraction Occupations in Lafayette-West Lafayette, IN earns-1.5%below the national average.
$30.3
$1,213
$5,256
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 Lafayette-West Lafayette, IN, have experienced growth over the past four years, mirroring national trends. Economic development and infrastructure projects typically drive increased demand for these roles, leading to upward pressure on wages as the market adapts to evolving industry needs and labor availability.
Construction and Extraction Occupations Salary Distribution in Lafayette-West Lafayette, IN
Within the Construction and Extraction Occupations field in Lafayette-West Lafayette, IN, salary progression is strongly tied to experience and specialization. Entry-level positions typically command lower salaries, while seasoned professionals with specialized skills and supervisory experience can expect significantly higher compensation. The widening gap between entry-level and senior-level salaries reflects the value placed on expertise, project management capabilities, and a proven track record in the industry.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $38,000 | $18.3 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $47,303 | $22.7 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $60,780 | $29.2 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $78,838 | $37.9 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $90,650 | $43.6 |
Detailed Construction and Extraction Occupations Market Analysis
Relocation Context
Nominal Salary
$63,070
Gross Pay
Real Wage (Purchasing Power)
$63,070
Adjusted for COL (100)
The average annual salary of $63,070 in Lafayette-West Lafayette, IN, aligns perfectly with the national average cost of living, indicated by an index of 100. This means that the purchasing power of the salary is equivalent to the national standard, offering a balanced financial landscape for individuals considering relocation to the area for construction and extraction roles.
Job Market Context
4,070
Total Jobs
39.849
Per 1K Jobs
0.97
Location Quotient
Lafayette-West Lafayette, IN has 0.97x the national average concentration of Construction and Extraction Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
With a Location Quotient of 0.97, the construction and extraction job market in Lafayette-West Lafayette, IN, is nearly on par with the national concentration. This suggests a competitive yet stable environment where the number of jobs is closely aligned with the national average relative to the overall workforce. Professionals will find a market that is neither oversaturated nor significantly lacking in opportunities.
Nearby Job Markets
Nearby Cities for Construction and Extraction Occupations
| City | Salary | Dist. |
|---|---|---|
| Kokomo, IN Construction and Extraction Occupations Salary | $72,370↑ 15% | 39 mi |
| Northern Indiana nonmetropolitan area Construction and Extraction Occupations Salary | $55,720↓ 12% | 50 mi |
| Southern Indiana nonmetropolitan area Construction and Extraction Occupations Salary | $60,360↓ 4% | 50 mi |
| Central Indiana nonmetropolitan area Construction and Extraction Occupations Salary | $56,910↓ 10% | 50 mi |
| Indianapolis-Carmel-Greenwood, IN Construction and Extraction Occupations Salary | $64,990↑ 3% | 57 mi |
Comparing salaries near Lafayette-West Lafayette, IN
Hiring Construction and Extraction Occupationss?
Frequently Asked Questions
How much does a Construction and Extraction Occupations make in Lafayette-West Lafayette, IN?
The median annual salary for a Construction and Extraction Occupations in Lafayette-West Lafayette, IN is $63,070. This typically ranges from $38,000 for entry-level positions to $90,650 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lafayette-West Lafayette, IN is 1.5% lower than the national median of $64,030.
Is Lafayette-West Lafayette, IN a lucrative place for Construction and Extraction Occupationss?
Yes, Lafayette-West Lafayette, IN offers a competitive environment for Construction and Extraction Occupations.The average salary of $63,070 is close to the national average, and the cost of living is also at the national benchmark, indicating good earning potential relative to expenses.
Is Lafayette-West Lafayette, IN a good place to live for Construction and Extraction Occupations?
The Cost of Living Index in Lafayette-West Lafayette, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lafayette-West Lafayette, IN?
Some top paying nearby cities include Kokomo, IN ($72,370) and Northern Indiana nonmetropolitan area.
How does the Lafayette-West Lafayette construction job market compare to the national average?
The job market in Lafayette-West Lafayette is very similar to the national average, with a Location Quotient of 0.97, indicating a comparable concentration of these jobs relative to the workforce.
What is the average salary for construction and extraction roles in Lafayette-West Lafayette, IN?
The average annual salary for Construction and Extraction Occupations in Lafayette-West Lafayette, IN is $63,070.
Is the cost of living high in Lafayette-West Lafayette, IN?
No, the cost of living in Lafayette-West Lafayette, IN is exactly at the national average, with a Cost of Living Index of 100.
How many people work in construction and extraction in Lafayette-West Lafayette, IN?
There are 4,070 individuals employed in Construction and Extraction Occupations in the Lafayette-West Lafayette, IN area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,070 employees in the Lafayette-West Lafayette, IN area with a job density of 39.849 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 Lafayette-West Lafayette, IN