SalaryNode

Average Construction and Extraction Occupations Salary in Ocala, FL

In Ocala, Florida, professionals in Construction and Extraction Occupations can expect an average annual salary of $48,110. This figure is notably lower than the national average of $64,030. Local economic factors and the specific demand within the Ocala region likely contribute to this pay differential.

Executive Summary

  • Average Salary: $48,110 per year.
  • Growth Trend: Salaries have shifted 23.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $68,180.
  • Outlook: With a local workforce of 6,320 individuals in Construction and Extraction Occupations, Ocala presents a significant concentration of these roles, indicated by a Location Quotient of 1.29. This suggests that these occupations are more prevalent in Ocala than the national average, pointing towards a robust and potentially growing job market for skilled workers in this sector.
2024 Market Data

Salary Overview

$48,110

The average Construction and Extraction Occupations in Ocala, FL earns-24.9%below the national average.

BreakdownBased on 40h/week
Hourly

$23.1

Weekly

$925

Monthly

$4,009

Construction and Extraction Occupations Salary Distribution in Ocala, FL

Salary progression within Construction and Extraction Occupations in Ocala typically scales with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with specialized skills and extensive experience can command significantly higher salaries. The percentile gaps in earnings underscore the clear career advancement opportunities available.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$32,040$15.4
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$36,083$17.3
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$45,240$21.8
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$60,138$28.9
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$68,180$32.8

Detailed Construction and Extraction Occupations Market Analysis

Relocation Context

Nominal Salary

$48,110

Gross Pay

Real Wage (Purchasing Power)

$48,110

Adjusted for COL (100)

The average annual salary of $48,110 in Ocala aligns perfectly with the national average cost of living, which is indexed at 100. This means that while the nominal salary is below the national average for this occupation, the purchasing power of that salary locally is comparable to the national standard, offering a stable financial environment.

Job Market Context

6,320

Total Jobs

53.22

Per 1K Jobs

1.29

Location Quotient

Above Average

With a location quotient of 1.29, Ocala, FL has a slightly higher-than-average concentration of Construction and Extraction Occupations roles compared to the national norm.

Ocala's Location Quotient of 1.29 for Construction and Extraction Occupations indicates a higher concentration of these jobs compared to the national average. This suggests a competitive yet potentially abundant job market, where employers may actively seek skilled labor, and workers have a good chance of finding relevant employment opportunities.

Nearby Job Markets

Hiring Construction and Extraction Occupationss?

Frequently Asked Questions

How much does a Construction and Extraction Occupations make in Ocala, FL?

The median annual salary for a Construction and Extraction Occupations in Ocala, FL is $48,110. This typically ranges from $32,040 for entry-level positions to $68,180 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Ocala, FL is 24.9% lower than the national median of $64,030.

Is Ocala, FL a lucrative place for Construction and Extraction Occupationss?

No, not when compared to the national average.The average salary of $48,110 is significantly lower than the national average of $64,030. However, the cost of living is also at the national average, making the local purchasing power comparable.

Is Ocala, FL a good place to live for Construction and Extraction Occupations?

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

Where are the highest paying cities near Ocala, FL?

Some top paying nearby cities include Wildwood-The Villages, FL ($50,960) and Homosassa Springs, FL.

How does Ocala's Construction and Extraction job market compare nationally?

Ocala has a higher concentration of these jobs than the national average, with a Location Quotient of 1.29, suggesting a strong local presence.

What is the average salary for Construction and Extraction workers in Ocala?

The average annual salary for Construction and Extraction Occupations in Ocala, FL is $48,110.

How does the cost of living in Ocala affect salary perception?

With a Cost of Living Index of 100, Ocala's cost of living is average nationally. This means the $48,110 salary has average purchasing power locally.

What is the total workforce size for these occupations in Ocala?

There are 6,320 individuals employed in Construction and Extraction Occupations in Ocala, FL.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,320 employees in the Ocala, FL area with a job density of 53.22 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.