Average Construction and Extraction Occupations Salary in Waterloo-Cedar Falls, IA
In Waterloo-Cedar Falls, IA, professionals in Construction and Extraction Occupations earn an average annual salary of $61,790. This figure is slightly below the national average of $64,030, reflecting a localized compensation structure influenced by regional economic factors and the specific demands of the Iowa market. While the nominal salary is close to the national benchmark, understanding the local economic landscape is key to appreciating its value.
Executive Summary
- Average Salary: $61,790 per year.
- Growth Trend: Salaries have shifted 27.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $84,130.
- Outlook: The Waterloo-Cedar Falls region supports a robust workforce of 3,350 individuals in Construction and Extraction Occupations. With a Location Quotient of 0.95, the concentration of these roles is nearly on par with the national average, indicating a stable and established presence of this sector within the local economy. The presence of nearly 40 jobs per 1,000 workers further underscores the consistent demand for skilled labor in these fields within the area.
Salary Overview
The average Construction and Extraction Occupations in Waterloo-Cedar Falls, IA earns-3.5%below the national average.
$29.7
$1,188
$5,149
Construction and Extraction Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Construction and Extraction Occupations in Waterloo-Cedar Falls have experienced growth over the past four years, mirroring national trends. Economic development, infrastructure projects, and inflation typically drive upward adjustments in compensation for skilled trades, suggesting a positive trajectory for earning potential in this sector.
Construction and Extraction Occupations Salary Distribution in Waterloo-Cedar Falls, IA
Career progression within Construction and Extraction Occupations in Waterloo-Cedar Falls typically leads to significant salary increases. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with specialized skills and extensive experience can command salaries well above the average. The percentile gaps in earnings highlight the substantial rewards associated with advancing through the ranks and acquiring expertise in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $39,400 | $18.9 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $46,343 | $22.3 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $58,620 | $28.2 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $77,238 | $37.1 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $84,130 | $40.4 |
Detailed Construction and Extraction Occupations Market Analysis
Relocation Context
Nominal Salary
$61,790
Gross Pay
Real Wage (Purchasing Power)
$61,790
Adjusted for COL (100)
The average annual salary of $61,790 in Waterloo-Cedar Falls aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the salary is equivalent to the national standard, offering a stable financial foundation for residents. Individuals relocating to this area can expect their earnings to cover essential expenses and lifestyle choices at a rate comparable to the rest of the country.
Job Market Context
3,350
Total Jobs
39.276
Per 1K Jobs
0.95
Location Quotient
Waterloo-Cedar Falls, IA has 0.95x 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.
A Location Quotient of 0.95 for Construction and Extraction Occupations in Waterloo-Cedar Falls suggests a job market that closely mirrors the national distribution of these roles. This indicates a healthy level of competition and availability, where the demand for skilled workers is met by a comparable supply. Professionals can expect a balanced job market, neither overly saturated nor experiencing significant shortages, facilitating steady career opportunities.
Nearby Job Markets
Nearby Cities for Construction and Extraction Occupations
| City | Salary | Dist. |
|---|---|---|
| Cedar Rapids, IA Construction and Extraction Occupations Salary | $60,840↓ 2% | 50 mi |
| Southeast Iowa nonmetropolitan area Construction and Extraction Occupations Salary | $55,840↓ 10% | 55 mi |
| Northwest Iowa nonmetropolitan area Construction and Extraction Occupations Salary | $55,850↓ 10% | 55 mi |
| Northeast Iowa nonmetropolitan area Construction and Extraction Occupations Salary | $56,350↓ 9% | 55 mi |
| Southwest Iowa nonmetropolitan area Construction and Extraction Occupations Salary | $54,500↓ 12% | 55 mi |
Comparing salaries near Waterloo-Cedar Falls, IA
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Frequently Asked Questions
How much does a Construction and Extraction Occupations make in Waterloo-Cedar Falls, IA?
The median annual salary for a Construction and Extraction Occupations in Waterloo-Cedar Falls, IA is $61,790. This typically ranges from $39,400 for entry-level positions to $84,130 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Waterloo-Cedar Falls, IA is 3.5% lower than the national median of $64,030.
Is Waterloo-Cedar Falls, IA a lucrative place for Construction and Extraction Occupationss?
Yes, it offers competitive compensation relative to its cost of living.The average salary of $61,790 is closely aligned with the national average, and crucially, the local cost of living is also at the national average, meaning your earnings have strong purchasing power.
Is Waterloo-Cedar Falls, IA a good place to live for Construction and Extraction Occupations?
The Cost of Living Index in Waterloo-Cedar Falls, IA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Waterloo-Cedar Falls, IA?
Some top paying nearby cities include Cedar Rapids, IA ($60,840) and Southeast Iowa nonmetropolitan area.
How does the Waterloo-Cedar Falls salary compare to the national average?
The average annual salary for Construction and Extraction Occupations in Waterloo-Cedar Falls is $61,790, which is slightly below the national average of $64,030.
What is the concentration of Construction and Extraction jobs in Waterloo-Cedar Falls?
The Location Quotient is 0.95, indicating that the concentration of these jobs in Waterloo-Cedar Falls is very close to the national average.
Does the cost of living affect the value of the salary in Waterloo-Cedar Falls?
No, the cost of living in Waterloo-Cedar Falls is exactly at the national average (100), meaning the $61,790 salary has the same purchasing power as the national average salary.
How many people work in Construction and Extraction in Waterloo-Cedar Falls?
There are approximately 3,350 individuals employed in Construction and Extraction Occupations in the Waterloo-Cedar Falls area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,350 employees in the Waterloo-Cedar Falls, IA area with a job density of 39.276 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 Waterloo-Cedar Falls, IA