SalaryNode

Average Construction and Extraction Occupations Salary in Wildwood-The Villages, FL

In Wildwood-The Villages, FL, professionals in Construction and Extraction Occupations earn an average annual salary of $50,960. This figure is notably below the national average of $64,030, suggesting localized economic factors or a different market dynamic at play. The specific demand and supply within this Florida region likely influence this compensation structure.

Executive Summary

  • Average Salary: $50,960 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $76,710.
  • Outlook: The construction and extraction sector in Wildwood-The Villages, FL, demonstrates a significant concentration, as indicated by a Location Quotient of 1.74, well above the national average. With 71.659 jobs per 1,000 workers and a local workforce of 2,850 in this field, the market shows a robust presence and potentially high demand relative to other regions.
2024 Market Data

Salary Overview

$50,960

The average Construction and Extraction Occupations in Wildwood-The Villages, FL earns-20.4%below the national average.

BreakdownBased on 40h/week
Hourly

$24.5

Weekly

$980

Monthly

$4,247

Construction and Extraction Occupations Salary Distribution in Wildwood-The Villages, FL

Salary progression in Construction and Extraction Occupations typically scales with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with specialized skills and years of experience can command significantly higher salaries, potentially reaching into the upper percentiles. The gap between entry-level and senior roles highlights substantial career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$36,090$17.4
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$38,220$18.4
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$46,470$22.3
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$63,700$30.6
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$76,710$36.9

Detailed Construction and Extraction Occupations Market Analysis

Relocation Context

Nominal Salary

$50,960

Gross Pay

Real Wage (Purchasing Power)

$50,960

Adjusted for COL (100)

The average annual salary of $50,960 in Wildwood-The Villages, FL, 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 that income is likely equivalent to the national standard, making it neither exceptionally advantageous nor disadvantageous from a cost-of-living perspective.

Job Market Context

2,850

Total Jobs

71.659

Per 1K Jobs

1.74

Location Quotient

Major Hub

Wildwood-The Villages, FL has 1.7x the national concentration of Construction and Extraction Occupations jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

A Location Quotient of 1.74 signifies that Construction and Extraction Occupations are 74% more concentrated in Wildwood-The Villages, FL, than the national average. This indicates a strong local industry presence and potentially higher demand for these roles compared to the general U.S. market, suggesting a competitive environment for employers seeking talent and a favorable landscape for job seekers.

Nearby Job Markets

Hiring Construction and Extraction Occupationss?

Frequently Asked Questions

How much does a Construction and Extraction Occupations make in Wildwood-The Villages, FL?

The median annual salary for a Construction and Extraction Occupations in Wildwood-The Villages, FL is $50,960. This typically ranges from $36,090 for entry-level positions to $76,710 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Wildwood-The Villages, FL is 20.4% lower than the national median of $64,030.

Is Wildwood-The Villages, FL a lucrative place for Construction and Extraction Occupationss?

No, but the market is concentrated.While the average salary of $50,960 is below the national average, the high Location Quotient of 1.74 indicates a strong concentration of these jobs, suggesting robust local demand despite the lower pay.

Is Wildwood-The Villages, FL a good place to live for Construction and Extraction Occupations?

The Cost of Living Index in Wildwood-The Villages, FL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Wildwood-The Villages, FL?

Some top paying nearby cities include Ocala, FL ($48,110) and Homosassa Springs, FL.

How does the salary compare to the national average?

The average annual salary for Construction and Extraction Occupations in Wildwood-The Villages, FL, is $50,960, which is below the national average of $64,030.

What is the Cost of Living in Wildwood-The Villages, FL?

The Cost of Living Index in Wildwood-The Villages, FL, is 100, which is exactly the national average, meaning living expenses are neither higher nor lower than the typical U.S. city.

How concentrated is the construction job market in this area?

The market is highly concentrated, with a Location Quotient of 1.74, indicating that these jobs are significantly more prevalent in Wildwood-The Villages, FL, than in the rest of the country.

What is the total workforce size for these occupations locally?

There are approximately 2,850 individuals employed in Construction and Extraction Occupations within the Wildwood-The Villages, FL, area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,850 employees in the Wildwood-The Villages, FL area with a job density of 71.659 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.