Average Educational Instruction and Library Occupations Salary in Lexington-Fayette, KY
In Lexington-Fayette, KY, professionals in Educational Instruction and Library Occupations earn an average annual salary of $64,700. This figure slightly surpasses the national average of $61,040, indicating a competitive compensation landscape within the region. Local economic factors and the specific demand for these specialized roles likely contribute to this favorable pay.
Executive Summary
- Average Salary: $64,700 per year.
- Growth Trend: Salaries have shifted 26.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $101,090.
- Outlook: The educational and library sector in Lexington-Fayette, KY, is substantial, employing approximately 16,000 individuals. With a Location Quotient of 0.97, the concentration of these jobs is nearly on par with the national average, suggesting a stable and well-established market. The presence of 56.537 jobs per 1,000 workers further underscores the consistent demand for skilled professionals in this field within the local economy.
Salary Overview
The average Educational Instruction and Library Occupations in Lexington-Fayette, KY earns+6.0%above the national average.
$31.1
$1,244
$5,392
Educational Instruction and Library Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Educational Instruction and Library Occupations in Lexington-Fayette, KY, have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increased demand for specialized skills, and the ongoing need for qualified educators and librarians.
Educational Instruction and Library Occupations Salary Distribution in Lexington-Fayette, KY
Career progression within Educational Instruction and Library Occupations in Lexington-Fayette, KY, is marked by significant salary increases. Entry-level positions typically start at a lower percentile, while seasoned professionals with extensive experience and specialized knowledge can command salaries in the higher percentiles. The widening gap between entry-level and senior roles reflects the value placed on expertise and accumulated skills in this sector.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ProbationaryInitial licensure. Mentored by senior faculty. | 10% (Entry) | $30,470 | $14.6 |
| Tenured / ProProfessional status. Curriculum development. | 25% (Junior) | $48,525 | $23.3 |
| Senior EducatorDepartment chair. Mentors student teachers. | 50% (Median) | $60,250 | $29 |
| Lead SpecialistInstructional coach, reading specialist, or VP. | 75% (Senior) | $80,875 | $38.9 |
| AdministratorPrincipal, District Admin, or Consultant. | 90% (Expert) | $101,090 | $48.6 |
Detailed Educational Instruction and Library Occupations Market Analysis
Relocation Context
Nominal Salary
$64,700
Gross Pay
Real Wage (Purchasing Power)
$64,700
Adjusted for COL (100)
The average annual salary of $64,700 in Lexington-Fayette, KY, aligns perfectly with the local Cost of Living Index of 100, which represents the national average. This means that the purchasing power of an educator's salary in this region is equivalent to the national standard, offering a stable financial environment for residents.
Job Market Context
16,000
Total Jobs
56.537
Per 1K Jobs
0.97
Location Quotient
Lexington-Fayette, KY has 0.97x the national average concentration of Educational Instruction and Library Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
With a Location Quotient of 0.97, the job market for Educational Instruction and Library Occupations in Lexington-Fayette, KY, is highly representative of the national landscape. This indicates a balanced supply and demand for these roles, suggesting that while opportunities exist, the market is not oversaturated, nor is it experiencing a significant shortage compared to the rest of the country.
Nearby Job Markets
Nearby Cities for Educational Instruction and Library Occupations
Comparing salaries near Lexington-Fayette, KY
Hiring Educational Instruction and Library Occupationss?
Frequently Asked Questions
How much does a Educational Instruction and Library Occupations make in Lexington-Fayette, KY?
The median annual salary for a Educational Instruction and Library Occupations in Lexington-Fayette, KY is $64,700. This typically ranges from $30,470 for entry-level positions to $101,090 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lexington-Fayette, KY is 6.0% higher than the national median of $61,040.
Is Lexington-Fayette, KY a lucrative place for Educational Instruction and Library Occupationss?
Yes, it offers competitive compensation.The average salary of $64,700 is slightly above the national average, and the cost of living is at the national average, indicating good purchasing power for these professionals.
Is Lexington-Fayette, KY a good place to live for Educational Instruction and Library Occupations?
The Cost of Living Index in Lexington-Fayette, KY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lexington-Fayette, KY?
Some top paying nearby cities include Central Kentucky nonmetropolitan area ($54,340) and South Central Kentucky nonmetropolitan area.
How does the Lexington-Fayette, KY salary compare to the national average?
The average annual salary for Educational Instruction and Library Occupations in Lexington-Fayette, KY, is $64,700, which is higher than the national average of $61,040.
What is the concentration of Educational Instruction and Library Occupations jobs in Lexington-Fayette, KY?
The concentration, measured by the Location Quotient, is 0.97, indicating that the number of these jobs is very close to the national average.
How does the cost of living affect the salary in Lexington-Fayette, KY?
The Cost of Living Index is 100, meaning it is exactly at the national average. Therefore, the $64,700 salary has the same purchasing power as the national average salary.
What is the overall size of the workforce in this sector in Lexington-Fayette, KY?
The total local workforce in Educational Instruction and Library Occupations is approximately 16,000 individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 16,000 employees in the Lexington-Fayette, KY area with a job density of 56.537 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Educational Instruction and Library Occupations Salaries by State
Top Jobs in Lexington-Fayette, KY
- All Occupations Salary in Lexington-Fayette, KY
- Office and Administrative Support Occupations Salary in Lexington-Fayette, KY
- Food Preparation and Serving Related Occupations Salary in Lexington-Fayette, KY
- Transportation and Material Moving Occupations Salary in Lexington-Fayette, KY
- Production Occupations Salary in Lexington-Fayette, KY
- Healthcare Practitioners and Technical Occupations Salary in Lexington-Fayette, KY
- Sales and Related Occupations Salary in Lexington-Fayette, KY
- Management Occupations Salary in Lexington-Fayette, KY
- Educational Instruction and Library Occupations Salary in Lexington-Fayette, KY
- Business and Financial Operations Occupations Salary in Lexington-Fayette, KY
- Browse All Jobs in Lexington-Fayette, KY →
Semantic Salary Analysis for Educational Instruction and Library Occupations • Data source: BLS OEWS 2024 •Jobs in Lexington-Fayette, KY