Average Education Administrators, Postsecondary Salary in Akron, OH
In Akron, OH, Education Administrators, Postsecondary professionals earn an average annual salary of $114,110. This figure is slightly below the national average of $120,180, a difference that can be attributed to regional economic factors and the specific demands of the local higher education landscape. Understanding these nuances is key to appreciating compensation within this vital sector.
Executive Summary
- Average Salary: $114,110 per year.
- Growth Trend: Salaries have shifted 10.9% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $224,580.
- Outlook: Akron's market for Education Administrators, Postsecondary shows a moderate concentration, with a Location Quotient of 1.18 indicating a slightly higher presence than the national average. The total local workforce of 430 suggests a stable, albeit not expansive, demand for these specialized roles. This concentration implies a healthy environment for professionals seeking opportunities within postsecondary institutions in the area.
Salary Overview
The average Education Administrators, Postsecondary in Akron, OH earns-5.1%below the national average.
$54.9
$2,194
$9,509
Education Administrators, Postsecondary Salary Trends (2020-2024)
While specific historical data for Akron's postsecondary education administrators isn't provided, it's reasonable to assume a general upward trend in salaries over the past four years, mirroring national patterns. Factors such as inflation, increased demand for higher education services, and evolving administrative complexities likely contribute to salary growth, ensuring that compensation remains competitive.
Education Administrators, Postsecondary Salary Distribution in Akron, OH
Career progression for Education Administrators, Postsecondary in Akron typically involves a significant salary increase from entry-level to senior positions. While exact figures vary, the gap between lower and higher percentile earnings signifies substantial opportunities for advancement. Experience, coupled with demonstrated leadership and strategic management skills, is the primary driver for achieving higher compensation levels within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $62,770 | $30.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $85,583 | $41.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $81,120 | $39 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $142,638 | $68.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $224,580 | $108 |
Detailed Education Administrators, Postsecondary Market Analysis
Relocation Context
Nominal Salary
$114,110
Gross Pay
Real Wage (Purchasing Power)
$114,110
Adjusted for COL (100)
The nominal average salary of $114,110 in Akron aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an administrator's salary in Akron is equivalent to the national standard, offering a balanced financial landscape for residents.
Job Market Context
430
Total Jobs
1.347
Per 1K Jobs
1.18
Location Quotient
With a location quotient of 1.18, Akron, OH has a slightly higher-than-average concentration of Education Administrators, Postsecondary roles compared to the national norm.
With a Location Quotient of 1.18, Akron demonstrates a slightly higher concentration of Education Administrators, Postsecondary compared to the national average. This suggests a moderately competitive job market where demand is present and perhaps slightly outpaces the national average, offering good prospects for qualified individuals.
Nearby Job Markets
Nearby Cities for Education Administrators, Postsecondary
| City | Salary | Dist. |
|---|---|---|
| Canton-Massillon, OH Education Administrators, Postsecondary Salary | $87,600↓ 23% | 20 mi |
| Cleveland, OH Education Administrators, Postsecondary Salary | $105,570↓ 7% | 29 mi |
Comparing salaries near Akron, OH
Hiring Education Administrators, Postsecondarys?
Frequently Asked Questions
How much does a Education Administrators, Postsecondary make in Akron, OH?
The median annual salary for a Education Administrators, Postsecondary in Akron, OH is $114,110. This typically ranges from $62,770 for entry-level positions to $224,580 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Akron, OH is 5.1% lower than the national median of $120,180.
Is Akron, OH a lucrative place for Education Administrators, Postsecondarys?
Yes, with a stable outlook.While the average salary is slightly below the national average, the cost of living is also at the national average, making it financially comparable. The location quotient indicates a healthy concentration of these roles.
Is Akron, OH a good place to live for Education Administrators, Postsecondarys?
The Cost of Living Index in Akron, OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Akron, OH?
Some top paying nearby cities include Canton-Massillon, OH ($87,600) and Cleveland, OH.
How does Akron's salary compare to the national average for this role?
The average annual salary in Akron for Education Administrators, Postsecondary is $114,110, which is approximately $6,070 less than the national average of $120,180.
What is the concentration of Education Administrators, Postsecondary in Akron?
Akron has a Location Quotient of 1.18 for this role, meaning the concentration of these jobs is 18% higher than the national average.
How does the cost of living in Akron affect salary perception?
Akron's Cost of Living Index is 100, matching the national average. This means the $114,110 salary in Akron has the same purchasing power as the national average salary.
What does the total local workforce number signify?
A total local workforce of 430 for Education Administrators, Postsecondary in Akron suggests a defined and stable job market within the region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 430 employees in the Akron, OH area with a job density of 1.347 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Education Administrators, Postsecondary • Data source: BLS OEWS 2024 •Jobs in Akron, OH