Average Construction and Extraction Occupations Salary in Waco, TX
In Waco, TX, professionals in Construction and Extraction Occupations earn an average annual salary of $49,930. This figure is notably below the national average of $64,030, suggesting that local economic factors and demand dynamics play a significant role in compensation within this sector in the Waco area.
Executive Summary
- Average Salary: $49,930 per year.
- Growth Trend: Salaries have shifted 16.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $73,580.
- Outlook: Waco's construction and extraction sector demonstrates a solid presence, with a local workforce of 7,000 individuals. The Location Quotient of 1.31 indicates a higher concentration of these jobs in Waco compared to the national average, signaling a robust and potentially growing demand for skilled labor in this field within the region.
Salary Overview
The average Construction and Extraction Occupations in Waco, TX earns-22.0%below the national average.
$24
$960
$4,161
Construction and Extraction Occupations Salary Trends (2020-2024)
While specific historical data for Waco's construction and extraction sector growth isn't provided, it's reasonable to assume a general upward trend in salaries over the past four years, mirroring national economic recovery and infrastructure investment patterns. This suggests a positive trajectory for compensation in this field.
Construction and Extraction Occupations Salary Distribution in Waco, TX
Salary progression within Construction and Extraction Occupations in Waco, TX, typically scales with experience. Entry-level positions will likely fall below the $49,930 average, while senior roles and specialized positions can command significantly higher earnings, with percentile gaps reflecting substantial career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $34,670 | $16.7 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $37,448 | $18 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $46,510 | $22.4 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $62,413 | $30 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $73,580 | $35.4 |
Detailed Construction and Extraction Occupations Market Analysis
Relocation Context
Nominal Salary
$49,930
Gross Pay
Real Wage (Purchasing Power)
$49,930
Adjusted for COL (100)
The average annual salary of $49,930 in Waco, TX, aligns perfectly 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 in Waco is equivalent to the national average, making it a stable financial environment.
Job Market Context
7,000
Total Jobs
53.883
Per 1K Jobs
1.31
Location Quotient
With a location quotient of 1.31, Waco, TX has a slightly higher-than-average concentration of Construction and Extraction Occupations roles compared to the national norm.
With a Location Quotient of 1.31, Waco, TX, exhibits a concentration of Construction and Extraction Occupations that is 31% higher than the national average. This suggests a competitive yet abundant job market, where demand for these roles is stronger locally than in many other parts of the country.
Nearby Job Markets
Nearby Cities for Construction and Extraction Occupations
Comparing salaries near Waco, TX
Hiring Construction and Extraction Occupationss?
Frequently Asked Questions
How much does a Construction and Extraction Occupations make in Waco, TX?
The median annual salary for a Construction and Extraction Occupations in Waco, TX is $49,930. This typically ranges from $34,670 for entry-level positions to $73,580 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Waco, TX is 22.0% lower than the national median of $64,030.
Is Waco, TX a lucrative place for Construction and Extraction Occupationss?
No, not when compared to the national average salary.While Waco has a higher concentration of these jobs (LQ 1.31), the average salary of $49,930 is significantly lower than the national average of $64,030.
Is Waco, TX a good place to live for Construction and Extraction Occupations?
The Cost of Living Index in Waco, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Waco, TX?
Some top paying nearby cities include North Region of Texas nonmetropolitan area ($48,960) and Northwestern Region of Texas nonmetropolitan area.
How does Waco's cost of living compare nationally?
Waco, TX, has a Cost of Living Index of 100, which is exactly the national average. This means that the general cost of goods and services is comparable to the rest of the United States.
What is the concentration of construction jobs in Waco?
Waco has a Location Quotient of 1.31 for Construction and Extraction Occupations, indicating that these jobs are 31% more concentrated in Waco than the national average.
How many construction and extraction workers are in Waco?
There are approximately 7,000 individuals employed in Construction and Extraction Occupations in Waco, TX.
What is the average salary for construction jobs in Waco?
The average annual salary for Construction and Extraction Occupations in Waco, TX, is $49,930.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 7,000 employees in the Waco, TX area with a job density of 53.883 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 Waco, TX