Average Construction and Extraction Occupations Salary in Punta Gorda, FL
In Punta Gorda, FL, professionals in Construction and Extraction Occupations earn an average annual salary of $52,180. This figure is notably below the national average of $64,030, suggesting that local market dynamics and potentially a different cost structure influence compensation for these vital roles.
Executive Summary
- Average Salary: $52,180 per year.
- Growth Trend: Salaries have shifted 29.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $75,160.
- Outlook: Punta Gorda boasts a local workforce of 3,660 individuals in Construction and Extraction Occupations. With a Location Quotient of 1.58, this sector is significantly more concentrated in Punta Gorda than the national average, indicating a robust local demand and a higher prevalence of these jobs relative to the general workforce.
Salary Overview
The average Construction and Extraction Occupations in Punta Gorda, FL earns-18.5%below the national average.
$25.1
$1,003
$4,348
Construction and Extraction Occupations Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Construction and Extraction Occupations in Punta Gorda have seen gradual growth over the past four years, mirroring national trends. Factors such as infrastructure development, housing demand, and inflation likely contribute to an upward trajectory in compensation for skilled trades in the region.
Construction and Extraction Occupations Salary Distribution in Punta Gorda, FL
Career progression within Construction and Extraction Occupations typically leads to increased earning potential. Entry-level positions may start closer to the lower end of the pay scale, while experienced professionals and those in supervisory or specialized roles can command significantly higher salaries, reflected in the percentile gaps within the salary distribution.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $35,570 | $17.1 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $39,135 | $18.8 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $47,160 | $22.7 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $65,225 | $31.4 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $75,160 | $36.1 |
Detailed Construction and Extraction Occupations Market Analysis
Relocation Context
Nominal Salary
$52,180
Gross Pay
Real Wage (Purchasing Power)
$52,180
Adjusted for COL (100)
The average annual salary of $52,180 in Punta Gorda 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 locally is comparable to the national standard, offering a stable financial environment for residents.
Job Market Context
3,660
Total Jobs
65.312
Per 1K Jobs
1.58
Location Quotient
Punta Gorda, FL has 1.6x 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.
A Location Quotient of 1.58 signifies that Construction and Extraction Occupations are 58% more concentrated in Punta Gorda than the national average. This suggests a strong, specialized labor market with potentially higher demand for these skills compared to other industries, making it a key sector for the local economy.
Nearby Job Markets
Nearby Cities for Construction and Extraction Occupations
| City | Salary | Dist. |
|---|---|---|
| North Port-Bradenton-Sarasota, FL Construction and Extraction Occupations Salary | $52,950↑ 1% | 14 mi |
| Cape Coral-Fort Myers, FL Construction and Extraction Occupations Salary | $51,710↓ 1% | 18 mi |
| Naples-Marco Island, FL Construction and Extraction Occupations Salary | $56,470↑ 8% | 54 mi |
| Sebring, FL Construction and Extraction Occupations Salary | $47,570↓ 9% | 55 mi |
| North Florida nonmetropolitan area Construction and Extraction Occupations Salary | $53,050↑ 2% | 64 mi |
Comparing salaries near Punta Gorda, FL
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Frequently Asked Questions
How much does a Construction and Extraction Occupations make in Punta Gorda, FL?
The median annual salary for a Construction and Extraction Occupations in Punta Gorda, FL is $52,180. This typically ranges from $35,570 for entry-level positions to $75,160 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Punta Gorda, FL is 18.5% lower than the national median of $64,030.
Is Punta Gorda, FL a lucrative place for Construction and Extraction Occupationss?
Moderately. While the salary is below the national average, the cost of living is also at the national average, and the sector is highly concentrated.The average salary of $52,180 is lower than the national average, but the Cost of Living Index of 100 means your money goes as far as it does nationally. The high Location Quotient indicates strong local demand.
Is Punta Gorda, FL a good place to live for Construction and Extraction Occupations?
The Cost of Living Index in Punta Gorda, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Punta Gorda, FL?
Some top paying nearby cities include North Port-Bradenton-Sarasota, FL ($52,950) and Cape Coral-Fort Myers, FL.
How does the Punta Gorda salary compare to the national average?
The average salary for Construction and Extraction Occupations in Punta Gorda, FL is $52,180, which is below the national average of $64,030.
What is the Cost of Living in Punta Gorda, FL?
Punta Gorda, FL has a Cost of Living Index of 100, which is exactly the national average.
How concentrated are Construction and Extraction jobs in Punta Gorda?
Construction and Extraction Occupations are significantly more concentrated in Punta Gorda, with a Location Quotient of 1.58, indicating a higher presence than the national average.
What is the total workforce size for these occupations in Punta Gorda?
There are approximately 3,660 individuals employed in Construction and Extraction Occupations in Punta Gorda, FL.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,660 employees in the Punta Gorda, FL area with a job density of 65.312 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 Punta Gorda, FL