Average Construction and Extraction Occupations Salary in Raleigh-Cary, NC
In Raleigh-Cary, NC, professionals in Construction and Extraction Occupations earn an average annual salary of $55,420. This figure is notably below the national average of $64,030, suggesting localized market dynamics and potentially different demand levels influence compensation. The specific economic landscape and industry concentration within the Raleigh-Cary area play a significant role in shaping these pay scales.
Executive Summary
- Average Salary: $55,420 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $79,800.
- Outlook: The Raleigh-Cary region boasts a substantial workforce of 34,730 individuals in Construction and Extraction Occupations. With a Location Quotient of 1.16, this sector is more concentrated here than the national average, indicating a robust and established presence. The rate of 48.002 jobs per 1,000 workers further underscores a healthy demand for skilled labor within this field in the area.
Salary Overview
The average Construction and Extraction Occupations in Raleigh-Cary, NC earns-13.4%below the national average.
$26.6
$1,066
$4,618
Construction and Extraction Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that the Construction and Extraction sector in a growing metropolitan area like Raleigh-Cary has experienced consistent salary growth over the past four years. Factors such as increased infrastructure development, housing demand, and general economic expansion typically drive upward pressure on wages in this industry.
Construction and Extraction Occupations Salary Distribution in Raleigh-Cary, NC
Salary progression within Construction and Extraction Occupations in Raleigh-Cary typically scales significantly with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command substantially higher salaries. The percentile gaps in earnings clearly signify opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $36,700 | $17.6 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $41,565 | $20 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $49,780 | $23.9 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $69,275 | $33.3 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $79,800 | $38.4 |
Detailed Construction and Extraction Occupations Market Analysis
Relocation Context
Nominal Salary
$55,420
Gross Pay
Real Wage (Purchasing Power)
$55,420
Adjusted for COL (100)
The average annual salary of $55,420 in Raleigh-Cary, NC, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of the salary in Raleigh-Cary is equivalent to the national average. While the nominal salary is lower than the national average for the occupation, the cost of living parity suggests that the take-home pay offers comparable living standards.
Job Market Context
34,730
Total Jobs
48.002
Per 1K Jobs
1.16
Location Quotient
With a location quotient of 1.16, Raleigh-Cary, NC has a slightly higher-than-average concentration of Construction and Extraction Occupations roles compared to the national norm.
The Location Quotient of 1.16 for Construction and Extraction Occupations in Raleigh-Cary, NC, indicates that this sector is 16% more concentrated than the national average. This suggests a slightly more competitive or at least a more established job market for these roles compared to other industries or regions. While not overwhelmingly high, this concentration points to a steady demand and a good number of available positions.
Nearby Job Markets
Nearby Cities for Construction and Extraction Occupations
| City | Salary | Dist. |
|---|---|---|
| Durham-Chapel Hill, NC Construction and Extraction Occupations Salary | $56,540↑ 2% | 18 mi |
| Rocky Mount, NC Construction and Extraction Occupations Salary | $49,520↓ 11% | 48 mi |
| Goldsboro, NC Construction and Extraction Occupations Salary | $51,430↓ 7% | 49 mi |
| Burlington, NC Construction and Extraction Occupations Salary | $49,680↓ 10% | 49 mi |
| Fayetteville, NC Construction and Extraction Occupations Salary | $52,230↓ 6% | 55 mi |
Comparing salaries near Raleigh-Cary, NC
Hiring Construction and Extraction Occupationss?
Frequently Asked Questions
How much does a Construction and Extraction Occupations make in Raleigh-Cary, NC?
The median annual salary for a Construction and Extraction Occupations in Raleigh-Cary, NC is $55,420. This typically ranges from $36,700 for entry-level positions to $79,800 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Raleigh-Cary, NC is 13.4% lower than the national median of $64,030.
Is Raleigh-Cary, NC a lucrative place for Construction and Extraction Occupationss?
No, not significantly more lucrative than the national average.The average salary of $55,420 is below the national average of $64,030, though the cost of living is on par with the national average. The sector's concentration is slightly higher than the national average, indicating steady but not exceptionally high demand.
Is Raleigh-Cary, NC a good place to live for Construction and Extraction Occupations?
The Cost of Living Index in Raleigh-Cary, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Raleigh-Cary, NC?
Some top paying nearby cities include Durham-Chapel Hill, NC ($56,540) and Rocky Mount, NC.
How does Raleigh-Cary's Construction salary compare to the national average?
The average annual salary for Construction and Extraction Occupations in Raleigh-Cary, NC, is $55,420, which is below the national average of $64,030.
What is the Cost of Living in Raleigh-Cary, NC?
Raleigh-Cary, NC has a Cost of Living Index of 100, which is exactly the national average.
Is there strong demand for Construction and Extraction workers in Raleigh-Cary?
Yes, the Location Quotient of 1.16 and 48.002 jobs per 1,000 workers suggest a demand that is slightly above the national average.
How many people work in Construction and Extraction in Raleigh-Cary?
There are 34,730 individuals employed in Construction and Extraction Occupations in the Raleigh-Cary, NC area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 34,730 employees in the Raleigh-Cary, NC area with a job density of 48.002 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 Raleigh-Cary, NC