SalaryNode

Average Construction and Extraction Occupations Salary in Memphis, TN-MS-AR

In Memphis, TN-MS-AR, professionals in Construction and Extraction Occupations earn an average annual salary of $54,260. This figure is notably below the national average of $64,030, suggesting that local market dynamics and potentially lower demand influence compensation. The specific economic landscape of the Memphis metropolitan area plays a significant role in shaping these salary benchmarks.

Executive Summary

  • Average Salary: $54,260 per year.
  • Growth Trend: Salaries have shifted 22.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $77,570.
  • Outlook: The Memphis, TN-MS-AR region supports a substantial workforce of 19,020 individuals in Construction and Extraction Occupations. With a Location Quotient of 0.74, the concentration of these jobs is slightly below the national average, indicating a stable but not exceptionally concentrated market. The presence of over 30 jobs per 1,000 workers suggests a consistent demand for skilled labor within this sector.
2024 Market Data

Salary Overview

$54,260

The average Construction and Extraction Occupations in Memphis, TN-MS-AR earns-15.3%below the national average.

BreakdownBased on 40h/week
Hourly

$26.1

Weekly

$1,043

Monthly

$4,522

Construction and Extraction Occupations Salary Distribution in Memphis, TN-MS-AR

Salary progression within Construction and Extraction Occupations in Memphis, TN-MS-AR is significantly 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 experience can command significantly higher salaries. The percentile gaps in earnings clearly delineate career advancement pathways, rewarding expertise and tenure.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$35,890$17.3
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$40,695$19.6
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$48,920$23.5
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$67,825$32.6
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$77,570$37.3

Detailed Construction and Extraction Occupations Market Analysis

Relocation Context

Nominal Salary

$54,260

Gross Pay

Real Wage (Purchasing Power)

$54,260

Adjusted for COL (100)

The average annual salary of $54,260 in Memphis, TN-MS-AR aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal income earned by construction and extraction workers in this region holds purchasing power equivalent to the national average. While the salary is lower than the national average, the cost of living does not present a disadvantage, making the take-home pay relatively stable in comparison.

Job Market Context

19,020

Total Jobs

30.665

Per 1K Jobs

0.74

Location Quotient

Below Average

Memphis, TN-MS-AR has 0.74x 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 0.74 for Construction and Extraction Occupations in Memphis, TN-MS-AR indicates that this sector is slightly less concentrated than the national average. This suggests that while the jobs are present and necessary, the market is not saturated, offering a balanced environment for both job seekers and employers. It implies a steady demand without overwhelming competition.

Nearby Job Markets

Nearby Cities for Construction and Extraction Occupations

Comparing salaries near Memphis, TN-MS-AR

Hiring Construction and Extraction Occupationss?

Frequently Asked Questions

How much does a Construction and Extraction Occupations make in Memphis, TN-MS-AR?

The median annual salary for a Construction and Extraction Occupations in Memphis, TN-MS-AR is $54,260. This typically ranges from $35,890 for entry-level positions to $77,570 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Memphis, TN-MS-AR is 15.3% lower than the national median of $64,030.

Is Memphis, TN-MS-AR a lucrative place for Construction and Extraction Occupationss?

No, but it is stable.The average salary of $54,260 is below the national average, though the cost of living is also at the national average. The market is stable with a decent number of jobs but not exceptionally concentrated.

Is Memphis, TN-MS-AR a good place to live for Construction and Extraction Occupations?

The Cost of Living Index in Memphis, TN-MS-AR is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Memphis, TN-MS-AR?

Some top paying nearby cities include Jonesboro, AR ($47,610) and Jackson, TN.

How does Memphis's cost of living compare to the national average for construction workers?

Memphis, TN-MS-AR has a Cost of Living Index of 100, which is exactly the national average. This means your $54,260 salary in Memphis has the same purchasing power as the national average salary in a national-average cost of living area.

What is the concentration of Construction and Extraction jobs in Memphis?

The Location Quotient for these occupations in Memphis is 0.74, meaning the jobs are slightly less concentrated than the national average. This suggests a healthy job market without being overly competitive.

How many Construction and Extraction jobs are there per 1,000 workers in Memphis?

There are approximately 30.665 jobs per 1,000 workers in Construction and Extraction Occupations in the Memphis, TN-MS-AR area, indicating a solid presence of these roles within the local workforce.

Does experience significantly impact salary for Construction and Extraction roles in Memphis?

Yes, experience is a key factor. Entry-level positions will offer lower pay, while senior roles and specialized skills command higher salaries, reflecting a clear career progression path within the sector.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 19,020 employees in the Memphis, TN-MS-AR area with a job density of 30.665 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.