Average Construction and Extraction Occupations Salary in Prescott Valley-Prescott, AZ
In Prescott Valley-Prescott, AZ, professionals in Construction and Extraction Occupations earn an average annual salary of $55,330. This figure is notably below the national average of $64,030, suggesting that local market dynamics and potentially a different cost structure influence compensation in this region. The specific economic conditions and demand within the Prescott Valley-Prescott area play a significant role in shaping these salary outcomes.
Executive Summary
- Average Salary: $55,330 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $76,060.
- Outlook: The construction and extraction sector in Prescott Valley-Prescott, AZ, demonstrates a robust presence with a local workforce of 4,970 individuals. The Location Quotient of 1.7 indicates a concentration of these jobs significantly higher than the national average, signaling strong local demand and a specialized labor market. With 70.049 jobs per 1,000 workers, the sector is a substantial component of the local economy, suggesting a stable and potentially growing job market for skilled professionals.
Salary Overview
The average Construction and Extraction Occupations in Prescott Valley-Prescott, AZ earns-13.6%below the national average.
$26.6
$1,064
$4,611
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 Prescott Valley-Prescott, AZ, have experienced growth over the past four years, mirroring national trends. Economic development and infrastructure projects typically drive demand, leading to upward pressure on wages. Continued investment in the region's development would likely correlate with a positive salary trajectory for these essential roles.
Construction and Extraction Occupations Salary Distribution in Prescott Valley-Prescott, AZ
Salary progression within Construction and Extraction Occupations in Prescott Valley-Prescott, AZ, is typically tied to experience and skill level. Entry-level positions will naturally command lower salaries, while seasoned professionals with specialized expertise and a proven track record can expect significantly higher compensation. The widening gap between entry-level and senior-level salaries, often reflected in percentile data, clearly signifies opportunities for career advancement and increased earning potential within the local industry.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $37,440 | $18 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $41,498 | $20 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $51,930 | $25 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $69,163 | $33.3 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $76,060 | $36.6 |
Detailed Construction and Extraction Occupations Market Analysis
Relocation Context
Nominal Salary
$55,330
Gross Pay
Real Wage (Purchasing Power)
$55,330
Adjusted for COL (100)
The average annual salary of $55,330 in Prescott Valley-Prescott, AZ, aligns perfectly with the national average cost of living, indicated by an index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income is effectively on par with the rest of the country. Therefore, relocating to Prescott Valley-Prescott for these roles does not present a significant financial disadvantage in terms of day-to-day expenses.
Job Market Context
4,970
Total Jobs
70.049
Per 1K Jobs
1.7
Location Quotient
Prescott Valley-Prescott, AZ has 1.7x the national concentration of Construction and Extraction Occupations jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 1.7, Prescott Valley-Prescott, AZ, exhibits a notable concentration of Construction and Extraction Occupations compared to the national average. This suggests that the job market in this sector is more robust and specialized locally than in many other regions. While this indicates strong demand and a potentially competitive environment for employers seeking talent, it also offers ample opportunities for skilled workers already established or looking to enter the Prescott Valley-Prescott market.
Nearby Job Markets
Nearby Cities for Construction and Extraction Occupations
| City | Salary | Dist. |
|---|---|---|
| Flagstaff, AZ Construction and Extraction Occupations Salary | $57,170↑ 3% | 57 mi |
| Phoenix-Mesa-Chandler, AZ Construction and Extraction Occupations Salary | $60,700↑ 10% | 72 mi |
| Arizona nonmetropolitan area Construction and Extraction Occupations Salary | $58,180↑ 5% | 79 mi |
Comparing salaries near Prescott Valley-Prescott, AZ
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Frequently Asked Questions
How much does a Construction and Extraction Occupations make in Prescott Valley-Prescott, AZ?
The median annual salary for a Construction and Extraction Occupations in Prescott Valley-Prescott, AZ is $55,330. This typically ranges from $37,440 for entry-level positions to $76,060 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Prescott Valley-Prescott, AZ is 13.6% lower than the national median of $64,030.
Is Prescott Valley-Prescott, AZ a lucrative place for Construction and Extraction Occupationss?
No, not when compared to the national average salary.While the local cost of living is average, the average salary of $55,330 is significantly lower than the national average of $64,030. However, the high concentration of jobs (LQ of 1.7) indicates strong local demand.
Is Prescott Valley-Prescott, AZ a good place to live for Construction and Extraction Occupations?
The Cost of Living Index in Prescott Valley-Prescott, AZ is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Prescott Valley-Prescott, AZ?
Some top paying nearby cities include Flagstaff, AZ ($57,170) and Phoenix-Mesa-Chandler, AZ.
How does the local salary compare to the national average?
The average annual salary for Construction and Extraction Occupations in Prescott Valley-Prescott, AZ is $55,330, which is below the national average of $64,030.
What is the job concentration like in Prescott Valley-Prescott, AZ?
Prescott Valley-Prescott, AZ has a job concentration (Location Quotient) of 1.7 for Construction and Extraction Occupations, indicating a significantly higher presence of these jobs compared to the national average.
How does the cost of living affect the salary in Prescott Valley-Prescott, AZ?
The cost of living in Prescott Valley-Prescott, AZ is at the national average (index of 100), meaning the $55,330 salary offers purchasing power equivalent to the national average, despite being lower than the national average wage.
What does the number of jobs per 1,000 workers indicate?
With 70.049 jobs per 1,000 workers, the Construction and Extraction sector represents a substantial employment base within Prescott Valley-Prescott, AZ, highlighting its importance to the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,970 employees in the Prescott Valley-Prescott, AZ area with a job density of 70.049 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 Prescott Valley-Prescott, AZ