Average Construction and Extraction Occupations Salary in Lakeland-Winter Haven, FL
In Lakeland-Winter Haven, FL, professionals in Construction and Extraction Occupations earn an average annual salary of $51,510. This figure is notably below the national average of $64,030, suggesting that local market dynamics, such as regional demand and the specific needs of the construction sector in this area, influence compensation levels.
Executive Summary
- Average Salary: $51,510 per year.
- Growth Trend: Salaries have shifted 25.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $76,940.
- Outlook: The Lakeland-Winter Haven area supports a substantial workforce of 11,890 individuals in Construction and Extraction Occupations. With a Location Quotient of 1.1, this sector is slightly more concentrated here than the national average, indicating a stable and present demand for these specialized skills within the local economy.
Salary Overview
The average Construction and Extraction Occupations in Lakeland-Winter Haven, FL earns-19.6%below the national average.
$24.8
$991
$4,293
Construction and Extraction Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Construction and Extraction Occupations in Lakeland-Winter Haven, FL, have experienced modest growth over the past four years, mirroring broader economic trends and the ongoing development within the region. This growth is typically driven by inflation, increased demand for skilled labor, and evolving project scopes.
Construction and Extraction Occupations Salary Distribution in Lakeland-Winter Haven, FL
Salary progression within Construction and Extraction Occupations is strongly tied to experience and specialization. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with expertise in complex projects or supervisory roles can command significantly higher salaries, often reaching the 75th percentile or beyond, reflecting their accumulated knowledge and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $34,540 | $16.6 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $38,633 | $18.6 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $46,880 | $22.5 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $64,388 | $31 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $76,940 | $37 |
Detailed Construction and Extraction Occupations Market Analysis
Relocation Context
Nominal Salary
$51,510
Gross Pay
Real Wage (Purchasing Power)
$51,510
Adjusted for COL (100)
The average annual salary of $51,510 in Lakeland-Winter Haven aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, offering a balanced financial landscape for residents.
Job Market Context
11,890
Total Jobs
45.465
Per 1K Jobs
1.1
Location Quotient
With a location quotient of 1.10, Lakeland-Winter Haven, FL has a slightly higher-than-average concentration of Construction and Extraction Occupations roles compared to the national norm.
A Location Quotient of 1.1 for Construction and Extraction Occupations in Lakeland-Winter Haven signifies a slightly higher concentration of these jobs compared to the national average. This suggests a healthy, albeit not overwhelmingly dominant, job market where demand for these roles is consistent with regional development needs.
Nearby Job Markets
Nearby Cities for Construction and Extraction Occupations
Comparing salaries near Lakeland-Winter Haven, FL
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Frequently Asked Questions
How much does a Construction and Extraction Occupations make in Lakeland-Winter Haven, FL?
The median annual salary for a Construction and Extraction Occupations in Lakeland-Winter Haven, FL is $51,510. This typically ranges from $34,540 for entry-level positions to $76,940 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lakeland-Winter Haven, FL is 19.6% lower than the national median of $64,030.
Is Lakeland-Winter Haven, FL a lucrative place for Construction and Extraction Occupationss?
No, but it offers average purchasing power.The average salary of $51,510 is below the national average, but the cost of living is also at the national average, making the nominal salary's value comparable to national standards.
Is Lakeland-Winter Haven, FL a good place to live for Construction and Extraction Occupations?
The Cost of Living Index in Lakeland-Winter Haven, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lakeland-Winter Haven, FL?
Some top paying nearby cities include North Florida nonmetropolitan area ($53,050) and South Florida nonmetropolitan area.
How does the local salary compare to the national average?
The average annual salary for Construction and Extraction Occupations in Lakeland-Winter Haven, FL, is $51,510, which is lower than the national average of $64,030.
What is the concentration of Construction and Extraction jobs in Lakeland-Winter Haven?
The Location Quotient is 1.1, indicating that these occupations are slightly more concentrated in Lakeland-Winter Haven than the national average.
How does the cost of living affect the salary?
With a Cost of Living Index of 100, the local salary of $51,510 has the same purchasing power as the national average salary relative to the national cost of living.
What does the job market look like for these roles locally?
The local workforce of 11,890 and a Location Quotient of 1.1 suggest a stable and moderately concentrated job market for Construction and Extraction Occupations in the area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 11,890 employees in the Lakeland-Winter Haven, FL area with a job density of 45.465 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 Lakeland-Winter Haven, FL