In the Myrtle Beach-Conway-North Myrtle Beach, SC area, professionals in Construction and Extraction Occupations earn an average annual salary of $50,440. This figure is notably below the national average of $64,030, suggesting that local market dynamics, such as demand and the cost of doing business, play a significant role in compensation levels within this sector.
Executive Summary
- Average Salary: $50,440 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $75,330.
- Outlook: The Myrtle Beach-Conway-North Myrtle Beach, SC region supports a substantial workforce of 6,360 individuals in Construction and Extraction Occupations. With a Location Quotient of 1.07, this sector demonstrates a concentration slightly above the national average, indicating a robust and established presence of these roles within the local economy. The density of jobs, with 44.032 per 1,000 workers, further underscores the consistent demand for skilled labor in this field.
Salary Overview
The average Construction and Extraction Occupations in Myrtle Beach-Conway-North Myrtle Beach, SC earns-21.2%below the national average.
$24.3
$970
$4,203
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 Myrtle Beach-Conway-North Myrtle Beach, SC have experienced growth over the past four years, mirroring national trends. Economic development, infrastructure projects, and a fluctuating housing market typically drive increased demand for these roles, often leading to upward pressure on wages as employers compete for talent.
Construction and Extraction Occupations Salary Distribution in Myrtle Beach-Conway-North Myrtle Beach, SC
Compensation within Construction and Extraction Occupations in Myrtle Beach-Conway-North Myrtle Beach, SC, like elsewhere, is expected to scale significantly with experience. Entry-level positions will command lower salaries, while seasoned professionals with specialized skills and a proven track record can expect to earn substantially more. The percentile gaps between junior and senior roles reflect the career progression opportunities and the increasing value placed on expertise and leadership within the industry.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $32,060 | $15.4 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $37,830 | $18.2 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $45,840 | $22 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $63,050 | $30.3 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $75,330 | $36.2 |
Detailed Construction and Extraction Occupations Market Analysis
Relocation Context
Nominal Salary
$50,440
Gross Pay
Real Wage (Purchasing Power)
$50,440
Adjusted for COL (100)
The average annual salary of $50,440 in Myrtle Beach-Conway-North Myrtle Beach, SC aligns perfectly 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 the area neither significantly more nor less affordable in terms of day-to-day expenses.
Job Market Context
6,360
Total Jobs
44.032
Per 1K Jobs
1.07
Location Quotient
With a location quotient of 1.07, Myrtle Beach-Conway-North Myrtle Beach, SC has a slightly higher-than-average concentration of Construction and Extraction Occupations roles compared to the national norm.
A Location Quotient of 1.07 for Construction and Extraction Occupations in Myrtle Beach-Conway-North Myrtle Beach, SC indicates that this sector is slightly more concentrated here than the national average. This suggests a healthy and active job market for these roles, with a demand that slightly outpaces the general distribution of such jobs across the country. While not overwhelmingly concentrated, the LQ implies a stable and potentially growing employment landscape for construction and extraction professionals.
Nearby Job Markets
Nearby Cities for Construction and Extraction Occupations
| City | Salary | Dist. |
|---|---|---|
| Florence, SC Construction and Extraction Occupations Salary | $49,800↓ 1% | 61 mi |
| Wilmington, NC Construction and Extraction Occupations Salary | $52,070↑ 3% | 67 mi |
| Charleston-North Charleston, SC Construction and Extraction Occupations Salary | $54,990↑ 9% | 88 mi |
| Sumter, SC Construction and Extraction Occupations Salary | $54,310↑ 8% | 88 mi |
| Fayetteville, NC Construction and Extraction Occupations Salary | $52,230↑ 4% | 95 mi |
Comparing salaries near Myrtle Beach-Conway-North Myrtle Beach, SC
Hiring Construction and Extraction Occupationss?
Frequently Asked Questions
How much does a Construction and Extraction Occupations make in Myrtle Beach-Conway-North Myrtle Beach, SC?
The median annual salary for a Construction and Extraction Occupations in Myrtle Beach-Conway-North Myrtle Beach, SC is $50,440. This typically ranges from $32,060 for entry-level positions to $75,330 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Myrtle Beach-Conway-North Myrtle Beach, SC is 21.2% lower than the national median of $64,030.
Is Myrtle Beach-Conway-North Myrtle Beach, SC a lucrative place for Construction and Extraction Occupationss?
No, not more lucrative than the national average.The average salary of $50,440 is below the national average of $64,030, although the cost of living is on par with the national average. The job market shows a slight concentration above the national average, indicating stable demand.
Is Myrtle Beach-Conway-North Myrtle Beach, SC a good place to live for Construction and Extraction Occupations?
The Cost of Living Index in Myrtle Beach-Conway-North Myrtle Beach, SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Myrtle Beach-Conway-North Myrtle Beach, SC?
Some top paying nearby cities include Florence, SC ($49,800) and Wilmington, NC.
How does the Myrtle Beach salary compare to the national average for Construction and Extraction Occupations?
The average annual salary in Myrtle Beach-Conway-North Myrtle Beach, SC for these roles is $50,440, which is lower than the national average of $64,030.
What is the job concentration for Construction and Extraction Occupations in Myrtle Beach?
The Location Quotient is 1.07, meaning the concentration of these jobs is slightly higher than the national average, indicating a solid presence in the local market.
How does the cost of living in Myrtle Beach affect the salary?
The Cost of Living Index is 100, which is the national average. Therefore, the $50,440 salary offers purchasing power equivalent to the national average.
What is the total workforce size for these occupations in the Myrtle Beach area?
There are 6,360 individuals employed in Construction and Extraction Occupations in the Myrtle Beach-Conway-North Myrtle Beach, SC region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,360 employees in the Myrtle Beach-Conway-North Myrtle Beach, SC area with a job density of 44.032 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 Myrtle Beach-Conway-North Myrtle Beach, SC