Average Construction and Extraction Occupations Salary in Sherman-Denison, TX
In Sherman-Denison, TX, professionals in Construction and Extraction Occupations earn an average annual salary of $48,360. This figure is notably below the national average of $64,030, indicating that local market dynamics and potentially regional economic factors influence compensation within this sector. The specific economic landscape of Sherman-Denison shapes the earning potential for these vital roles.
Executive Summary
- Average Salary: $48,360 per year.
- Growth Trend: Salaries have shifted 20.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $66,340.
- Outlook: The Sherman-Denison, TX labor market for Construction and Extraction Occupations is stable, with a total local workforce of 2,300 individuals. The location quotient of 1.07 suggests a concentration of these jobs slightly above the national average, implying a steady demand for skilled labor in this sector within the region. This indicates a robust, albeit not exceptionally high, level of job security and opportunity for those employed in these fields.
Salary Overview
The average Construction and Extraction Occupations in Sherman-Denison, TX earns-24.5%below the national average.
$23.3
$930
$4,030
Construction and Extraction Occupations Salary Trends (2020-2024)
While specific historical data for Sherman-Denison is not provided, it is reasonable to assume that salaries for Construction and Extraction Occupations have experienced gradual growth over the past four years, mirroring national trends. Economic development and infrastructure projects typically drive increases in demand, which in turn can lead to upward pressure on wages for these essential roles.
Construction and Extraction Occupations Salary Distribution in Sherman-Denison, TX
Salary progression within Construction and Extraction Occupations in Sherman-Denison, TX, is significantly influenced by experience and specialization. Entry-level positions typically command lower salaries, while seasoned professionals with extensive expertise and specialized skills can expect to earn considerably more. The widening gap between entry-level and senior-level salaries reflects the clear career advancement opportunities and the increasing value placed on experience within the industry.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $33,760 | $16.2 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $36,270 | $17.4 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $45,380 | $21.8 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $60,450 | $29.1 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $66,340 | $31.9 |
Detailed Construction and Extraction Occupations Market Analysis
Relocation Context
Nominal Salary
$48,360
Gross Pay
Real Wage (Purchasing Power)
$48,360
Adjusted for COL (100)
The average annual salary of $48,360 in Sherman-Denison, TX, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that while the nominal salary is lower than the national average, the purchasing power of this income is equivalent to the national standard, suggesting that the cost of essential goods and services is balanced with local earnings.
Job Market Context
2,300
Total Jobs
44.263
Per 1K Jobs
1.07
Location Quotient
With a location quotient of 1.07, Sherman-Denison, TX has a slightly higher-than-average concentration of Construction and Extraction Occupations roles compared to the national norm.
With a Location Quotient of 1.07, Sherman-Denison, TX, exhibits a slightly higher concentration of Construction and Extraction Occupations compared to the national average. This indicates a healthy, competitive job market where these roles are well-represented and in demand. While not a major hub, the region offers a solid number of opportunities for skilled workers in this sector.
Nearby Job Markets
Nearby Cities for Construction and Extraction Occupations
| City | Salary | Dist. |
|---|---|---|
| Dallas-Fort Worth-Arlington, TX Construction and Extraction Occupations Salary | $55,100↑ 14% | 60 mi |
Comparing salaries near Sherman-Denison, TX
Hiring Construction and Extraction Occupationss?
Frequently Asked Questions
How much does a Construction and Extraction Occupations make in Sherman-Denison, TX?
The median annual salary for a Construction and Extraction Occupations in Sherman-Denison, TX is $48,360. This typically ranges from $33,760 for entry-level positions to $66,340 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Sherman-Denison, TX is 24.5% lower than the national median of $64,030.
Is Sherman-Denison, TX a lucrative place for Construction and Extraction Occupationss?
No, not exceptionally lucrative compared to national averages.The average salary of $48,360 is below the national average of $64,030, although the cost of living is also at the national average, making the purchasing power comparable.
Is Sherman-Denison, TX a good place to live for Construction and Extraction Occupations?
The Cost of Living Index in Sherman-Denison, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Sherman-Denison, TX?
Some top paying nearby cities include Dallas-Fort Worth-Arlington, TX ($55,100) and others.
How does the Sherman-Denison salary compare to the national average?
The average annual salary for Construction and Extraction Occupations in Sherman-Denison, TX, is $48,360, which is significantly lower than the national average of $64,030.
What is the Cost of Living in Sherman-Denison, TX?
Sherman-Denison, TX has a Cost of Living Index of 100, which is exactly the national average, meaning the general cost of goods and services is comparable to the rest of the country.
How concentrated are Construction and Extraction jobs in Sherman-Denison, TX?
The Location Quotient of 1.07 indicates that Construction and Extraction Occupations are slightly more concentrated in Sherman-Denison, TX, than the national average, suggesting a stable presence of these jobs.
What is the total workforce for Construction and Extraction in Sherman-Denison, TX?
There are approximately 2,300 individuals employed in Construction and Extraction Occupations within the Sherman-Denison, TX area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,300 employees in the Sherman-Denison, TX area with a job density of 44.263 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 Sherman-Denison, TX