SalaryNode

Average Construction and Extraction Occupations Salary in Monroe, LA

In Monroe, LA, professionals in Construction and Extraction Occupations earn an average annual salary of $46,940. This figure is notably below the national average of $64,030, indicating that local economic factors and demand dynamics play a significant role in compensation within this sector in the region.

Executive Summary

  • Average Salary: $46,940 per year.
  • Growth Trend: Salaries have shifted 9.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $68,990.
  • Outlook: The construction and extraction sector in Monroe, LA, comprises a substantial workforce of 3,550 individuals. With a Location Quotient of 0.99, the concentration of these jobs is nearly on par with the national average, suggesting a stable and established presence of this industry within the local economy.
2024 Market Data

Salary Overview

$46,940

The average Construction and Extraction Occupations in Monroe, LA earns-26.7%below the national average.

BreakdownBased on 40h/week
Hourly

$22.6

Weekly

$903

Monthly

$3,912

Construction and Extraction Occupations Salary Distribution in Monroe, LA

Salary progression in Construction and Extraction Occupations is typically tied to experience and specialization. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with specialized skills and supervisory experience can command significantly higher salaries, often reflected in the upper percentiles of earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$29,230$14.1
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$35,205$16.9
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$44,590$21.4
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$58,675$28.2
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$68,990$33.2

Detailed Construction and Extraction Occupations Market Analysis

Relocation Context

Nominal Salary

$46,940

Gross Pay

Real Wage (Purchasing Power)

$46,940

Adjusted for COL (100)

The average annual salary of $46,940 in Monroe, LA, aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income is comparable to the national standard, making relocation financially neutral from a cost-of-living perspective.

Job Market Context

3,550

Total Jobs

40.777

Per 1K Jobs

0.99

Location Quotient

Below Average

Monroe, LA has 0.99x 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 0.99, the job market for Construction and Extraction Occupations in Monroe, LA, is nearly as concentrated as the national average. This indicates a balanced market where demand and supply are relatively stable, suggesting moderate competition for available positions.

Nearby Job Markets

Hiring Construction and Extraction Occupationss?

Frequently Asked Questions

How much does a Construction and Extraction Occupations make in Monroe, LA?

The median annual salary for a Construction and Extraction Occupations in Monroe, LA is $46,940. This typically ranges from $29,230 for entry-level positions to $68,990 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Monroe, LA is 26.7% lower than the national median of $64,030.

Is Monroe, LA a lucrative place for Construction and Extraction Occupationss?

No, not exceptionally lucrative compared to the national average.The average salary of $46,940 is significantly lower than the national average of $64,030. However, the cost of living is also at the national average, meaning purchasing power is maintained.

Is Monroe, LA a good place to live for Construction and Extraction Occupations?

The Cost of Living Index in Monroe, LA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Monroe, LA?

Some top paying nearby cities include Alexandria, LA ($52,980) and Southwest Louisiana nonmetropolitan area.

What is the average salary for Construction and Extraction Occupations in Monroe, LA?

The average annual salary for Construction and Extraction Occupations in Monroe, LA is $46,940.

How does Monroe, LA's cost of living compare to the national average?

Monroe, LA has a Cost of Living Index of 100, which is exactly the national average.

How concentrated are Construction and Extraction jobs in Monroe, LA?

The concentration of these jobs, measured by the Location Quotient, is 0.99, which is very close to the national average of 1.0.

How many Construction and Extraction workers are there in Monroe, LA?

There are approximately 3,550 individuals employed in Construction and Extraction Occupations in Monroe, LA.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,550 employees in the Monroe, LA area with a job density of 40.777 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.