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Average Construction and Extraction Occupations Salary in Southwest Minnesota nonmetropolitan area

Construction and Extraction Occupations in the Southwest Minnesota nonmetropolitan area command an average annual salary of $61,810. This figure is slightly below the national average of $64,030, a common occurrence in regions with a lower cost of living and potentially different industry demands. The specific economic landscape and the concentration of these roles within the local workforce significantly influence this pay scale.

Executive Summary

  • Average Salary: $61,810 per year.
  • Growth Trend: Salaries have shifted 26.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $92,000.
  • Outlook: The job market for Construction and Extraction Occupations in Southwest Minnesota appears robust, with a total local workforce of 5,530 individuals. The Location Quotient of 1.14 indicates a concentration of these jobs that is 14% higher than the national average, suggesting a healthy demand and a significant presence of these roles within the regional economy.
2024 Market Data

Salary Overview

$61,810

The average Construction and Extraction Occupations in Southwest Minnesota nonmetropolitan area earns-3.5%below the national average.

BreakdownBased on 40h/week
Hourly

$29.7

Weekly

$1,189

Monthly

$5,151

Construction and Extraction Occupations Salary Distribution in Southwest Minnesota nonmetropolitan area

Salaries within Construction and Extraction Occupations naturally scale with experience and specialization. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher earnings, often reaching into the upper percentiles. The widening gap between entry-level and senior roles reflects the career progression and increased value brought by expertise in this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$39,910$19.2
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$46,358$22.3
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$58,620$28.2
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$77,263$37.1
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$92,000$44.2

Detailed Construction and Extraction Occupations Market Analysis

Relocation Context

Nominal Salary

$61,810

Gross Pay

Real Wage (Purchasing Power)

$61,810

Adjusted for COL (100)

The nominal average annual salary of $61,810 in Southwest Minnesota aligns perfectly with the national average Cost of Living Index of 100. This means that while the salary is slightly lower than the national average, the purchasing power of that income is equivalent to the national average, making it a financially stable region for these occupations.

Job Market Context

5,530

Total Jobs

46.906

Per 1K Jobs

1.14

Location Quotient

Above Average

With a location quotient of 1.14, Southwest Minnesota nonmetropolitan area has a slightly higher-than-average concentration of Construction and Extraction Occupations roles compared to the national norm.

With a Location Quotient of 1.14, Southwest Minnesota demonstrates a higher concentration of Construction and Extraction Occupations compared to the national average. This suggests that the job market in this region is not only stable but potentially more competitive for employers seeking talent, while offering good opportunities for job seekers in these fields.

Nearby Job Markets

Nearby Cities for Construction and Extraction Occupations

Comparing salaries near Southwest Minnesota nonmetropolitan area

Hiring Construction and Extraction Occupationss?

Frequently Asked Questions

How much does a Construction and Extraction Occupations make in Southwest Minnesota nonmetropolitan area?

The median annual salary for a Construction and Extraction Occupations in Southwest Minnesota nonmetropolitan area is $61,810. This typically ranges from $39,910 for entry-level positions to $92,000 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southwest Minnesota nonmetropolitan area is 3.5% lower than the national median of $64,030.

Is Southwest Minnesota nonmetropolitan area a lucrative place for Construction and Extraction Occupationss?

Yes, with comparable purchasing power.The average salary of $61,810 is slightly below the national average, but the Cost of Living Index of 100 means your earnings hold equivalent purchasing power.

Is Southwest Minnesota nonmetropolitan area a good place to live for Construction and Extraction Occupations?

The Cost of Living Index in Southwest Minnesota nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Southwest Minnesota nonmetropolitan area?

Some top paying nearby cities include St. Cloud, MN ($70,820) and Minneapolis-St. Paul-Bloomington, MN-WI.

How does the local workforce size impact job availability?

A workforce of 5,530 indicates a substantial presence of these roles, suggesting consistent demand and a stable job market for Construction and Extraction Occupations in the area.

What does a Location Quotient of 1.14 signify?

A Location Quotient of 1.14 means that Construction and Extraction Occupations are 14% more concentrated in Southwest Minnesota than the national average, indicating a strong regional focus on these industries.

How does the cost of living affect the salary?

With a Cost of Living Index of 100, the local salary of $61,810 offers the same purchasing power as the national average salary of $64,030, making it a financially balanced compensation.

Are there good career advancement opportunities in this region?

The data suggests a healthy market concentration and a typical salary progression based on experience, indicating that career advancement opportunities are likely present for skilled individuals in Construction and Extraction Occupations.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 5,530 employees in the Southwest Minnesota nonmetropolitan area area with a job density of 46.906 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.