Average Construction and Extraction Occupations Salary in Saginaw, MI
In Saginaw, MI, professionals in Construction and Extraction Occupations earn an average annual salary of $61,540. This figure is slightly below the national average of $64,030, indicating localized market dynamics and potentially regional demand influencing compensation. Factors such as the local economic landscape and the specific needs of the construction sector within Saginaw contribute to this pay scale.
Executive Summary
- Average Salary: $61,540 per year.
- Growth Trend: Salaries have shifted 21.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $89,160.
- Outlook: Saginaw, MI supports a local workforce of 3,070 individuals in Construction and Extraction Occupations. With a Location Quotient of 0.93, the concentration of these jobs is nearly on par with the national average, suggesting a stable, albeit not exceptionally concentrated, demand for these skilled professionals. The presence of nearly 39 jobs per 1,000 workers further underscores the consistent need for talent in this sector within the region.
Salary Overview
The average Construction and Extraction Occupations in Saginaw, MI earns-3.9%below the national average.
$29.6
$1,183
$5,128
Construction and Extraction Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Construction and Extraction Occupations in Saginaw, MI, have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increased demand for infrastructure and housing, and the rising cost of skilled labor, leading to a positive trajectory for earning potential in this field.
Construction and Extraction Occupations Salary Distribution in Saginaw, MI
Career progression within Construction and Extraction Occupations in Saginaw, MI, significantly impacts earning potential. Entry-level positions typically start at the lower end of the salary spectrum, while seasoned professionals with specialized skills and extensive experience can command substantially higher salaries, reaching into the upper percentiles. The widening gap between entry-level and senior roles reflects the value placed on expertise and demonstrated performance in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $38,110 | $18.3 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $46,155 | $22.2 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $59,090 | $28.4 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $76,925 | $37 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $89,160 | $42.9 |
Detailed Construction and Extraction Occupations Market Analysis
Relocation Context
Nominal Salary
$61,540
Gross Pay
Real Wage (Purchasing Power)
$61,540
Adjusted for COL (100)
The average annual salary of $61,540 in Saginaw, MI, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Saginaw-based construction professional's salary is equivalent to that of a worker earning the national average in a location with average living expenses. Therefore, the nominal salary effectively translates to a comparable standard of living.
Job Market Context
3,070
Total Jobs
38.555
Per 1K Jobs
0.93
Location Quotient
Saginaw, MI has 0.93x the national average concentration of Construction and Extraction Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
With a Location Quotient of 0.93, the market for Construction and Extraction Occupations in Saginaw, MI, is closely aligned with the national average in terms of job concentration. This suggests a balanced job market where the number of available positions is proportionate to the national distribution. While not indicating an oversupply or undersupply, it points to a steady and predictable demand for these roles within the Saginaw area.
Nearby Job Markets
Nearby Cities for Construction and Extraction Occupations
| City | Salary | Dist. |
|---|---|---|
| Bay City, MI Construction and Extraction Occupations Salary | $58,930↓ 4% | 12 mi |
| Midland, MI Construction and Extraction Occupations Salary | $58,910↓ 4% | 20 mi |
| Mid Michigan nonmetropolitan area Construction and Extraction Occupations Salary | $57,590↓ 6% | 30 mi |
| Southern Michigan nonmetropolitan area Construction and Extraction Occupations Salary | $57,850↓ 6% | 30 mi |
| Northern Michigan nonmetropolitan area Construction and Extraction Occupations Salary | $55,850↓ 9% | 30 mi |
Comparing salaries near Saginaw, MI
Hiring Construction and Extraction Occupationss?
Frequently Asked Questions
How much does a Construction and Extraction Occupations make in Saginaw, MI?
The median annual salary for a Construction and Extraction Occupations in Saginaw, MI is $61,540. This typically ranges from $38,110 for entry-level positions to $89,160 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Saginaw, MI is 3.9% lower than the national median of $64,030.
Is Saginaw, MI a lucrative place for Construction and Extraction Occupationss?
Yes, with a national cost of living equivalence.Saginaw, MI offers an average salary of $61,540, which, when adjusted for the national average cost of living (100), provides a comparable standard of living to the national average. The job market is stable, with a concentration nearly matching the national average.
Is Saginaw, MI a good place to live for Construction and Extraction Occupations?
The Cost of Living Index in Saginaw, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Saginaw, MI?
Some top paying nearby cities include Bay City, MI ($58,930) and Midland, MI.
How does the Saginaw salary compare to the national average?
The average annual salary for Construction and Extraction Occupations in Saginaw, MI, is $61,540, which is slightly lower than the national average of $64,030.
What is the concentration of Construction and Extraction jobs in Saginaw, MI?
Saginaw, MI has a Location Quotient of 0.93 for these occupations, indicating a job concentration that is very close to the national average.
How does the cost of living in Saginaw, MI affect the salary?
Saginaw, MI has a Cost of Living Index of 100, which is the national average. This means the $61,540 salary has the same purchasing power as the national average salary in a location with average living costs.
What is the size of the Construction and Extraction workforce in Saginaw, MI?
The total local workforce for Construction and Extraction Occupations in Saginaw, MI, comprises 3,070 individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,070 employees in the Saginaw, MI area with a job density of 38.555 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 Saginaw, MI