Average Construction and Extraction Occupations Salary in Lexington-Fayette, KY
In Lexington-Fayette, KY, professionals in Construction and Extraction Occupations earn an average annual salary of $56,150. This figure is notably below the national average of $64,030, suggesting that local market dynamics and potentially lower demand contribute to this compensation difference. The cost of living in Lexington-Fayette aligns perfectly with the national average, making the salary's purchasing power a key consideration.
Executive Summary
- Average Salary: $56,150 per year.
- Growth Trend: Salaries have shifted 15.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $80,400.
- Outlook: The construction and extraction sector in Lexington-Fayette, KY, supports a local workforce of 8,920 individuals. With a Location Quotient of 0.76, the concentration of these jobs is slightly below the national average, indicating a moderately developed but not overwhelmingly dominant presence in the region's employment landscape. The rate of 31.516 jobs per 1,000 workers suggests a steady, albeit not exceptionally high, level of activity within this sector.
Salary Overview
The average Construction and Extraction Occupations in Lexington-Fayette, KY earns-12.3%below the national average.
$27
$1,080
$4,679
Construction and Extraction Occupations Salary Trends (2020-2024)
While specific historical data for Lexington-Fayette's construction and extraction sector isn't provided, it's reasonable to assume a general trend of salary growth over the past four years, mirroring national patterns. Economic recovery, infrastructure investments, and increased demand for housing and commercial spaces typically drive up wages in this industry, even if local averages may fluctuate relative to national benchmarks.
Construction and Extraction Occupations Salary Distribution in Lexington-Fayette, KY
Within the Construction and Extraction Occupations field, salary progression is strongly tied to experience and specialization. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with specialized skills and supervisory responsibilities can command significantly higher salaries. The percentile gaps between entry-level and senior roles highlight substantial opportunities for career advancement and increased earning potential within this sector.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $36,760 | $17.7 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $42,113 | $20.2 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $51,310 | $24.7 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $70,188 | $33.7 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $80,400 | $38.7 |
Detailed Construction and Extraction Occupations Market Analysis
Relocation Context
Nominal Salary
$56,150
Gross Pay
Real Wage (Purchasing Power)
$56,150
Adjusted for COL (100)
The average annual salary of $56,150 in Lexington-Fayette, KY, is positioned directly against a Cost of Living Index of 100, which is the national average. This means that the nominal salary has the same purchasing power as the national average salary would in a typical U.S. city. Therefore, while the salary is below the national average for the occupation, its value is maintained by the local cost of living.
Job Market Context
8,920
Total Jobs
31.516
Per 1K Jobs
0.76
Location Quotient
Lexington-Fayette, KY has 0.76x 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.
A Location Quotient of 0.76 for Construction and Extraction Occupations in Lexington-Fayette, KY, indicates that this sector is less concentrated than the national average. This suggests that while the jobs exist and are a part of the local economy, they are not a disproportionately large segment of the workforce compared to other regions. This could imply a competitive market for specialized roles but potentially more opportunities for those entering the field.
Nearby Job Markets
Nearby Cities for Construction and Extraction Occupations
Comparing salaries near Lexington-Fayette, KY
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Frequently Asked Questions
How much does a Construction and Extraction Occupations make in Lexington-Fayette, KY?
The median annual salary for a Construction and Extraction Occupations in Lexington-Fayette, KY is $56,150. This typically ranges from $36,760 for entry-level positions to $80,400 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lexington-Fayette, KY is 12.3% lower than the national median of $64,030.
Is Lexington-Fayette, KY a lucrative place for Construction and Extraction Occupationss?
No, not exceptionally lucrative compared to the national average.The average salary of $56,150 is below the national average of $64,030, although the cost of living is at the national average. The location quotient also suggests a lower concentration of these jobs compared to the rest of the country.
Is Lexington-Fayette, KY a good place to live for Construction and Extraction Occupations?
The Cost of Living Index in Lexington-Fayette, KY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lexington-Fayette, KY?
Some top paying nearby cities include Central Kentucky nonmetropolitan area ($52,540) and South Central Kentucky nonmetropolitan area.
What is the average salary for Construction and Extraction Occupations in Lexington-Fayette, KY?
The average annual salary for Construction and Extraction Occupations in Lexington-Fayette, KY, is $56,150.
How does the Lexington-Fayette salary compare to the national average?
The average salary in Lexington-Fayette, KY ($56,150) is lower than the national average salary of $64,030 for Construction and Extraction Occupations.
What is the Cost of Living in Lexington-Fayette, KY?
The Cost of Living Index in Lexington-Fayette, KY, is 100, which is exactly the national average.
How concentrated are Construction and Extraction jobs in Lexington-Fayette, KY?
Construction and Extraction jobs are slightly less concentrated in Lexington-Fayette, KY, compared to the national average, as indicated by a Location Quotient of 0.76.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 8,920 employees in the Lexington-Fayette, KY area with a job density of 31.516 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 Lexington-Fayette, KY