SalaryNode

Average Educational Instruction and Library Occupations Salary in Waco, TX

In Waco, TX, professionals in Educational Instruction and Library Occupations earn an average annual salary of $61,310. This figure is slightly above the national average of $61,040, indicating a competitive compensation landscape within the region. Local economic factors and the specific demand for these roles contribute to this near-parity with national earnings.

Executive Summary

  • Average Salary: $61,310 per year.
  • Growth Trend: Salaries have shifted 15.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $100,060.
  • Outlook: The educational and library sector in Waco, TX, demonstrates a healthy presence with a total local workforce of 9,290 individuals. The location quotient of 1.23 suggests that these occupations are more concentrated in Waco than the national average, implying a steady demand and a robust job market for skilled professionals in this field.
2024 Market Data

Salary Overview

$61,310

The average Educational Instruction and Library Occupations in Waco, TX earns+0.4%above the national average.

BreakdownBased on 40h/week
Hourly

$29.5

Weekly

$1,179

Monthly

$5,109

Educational Instruction and Library Occupations Salary Distribution in Waco, TX

Career progression within Educational Instruction and Library Occupations in Waco, TX, is typically marked by increasing salary potential. Entry-level positions may start at a lower percentile, while senior roles and specialized positions command higher salaries, reflecting accumulated experience, advanced degrees, and leadership responsibilities. The variance in pay across different experience levels signifies clear opportunities for career advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
ProbationaryInitial licensure. Mentored by senior faculty.10% (Entry)$24,260$11.7
Tenured / ProProfessional status. Curriculum development.25% (Junior)$45,983$22.1
Senior EducatorDepartment chair. Mentors student teachers.50% (Median)$58,180$28
Lead SpecialistInstructional coach, reading specialist, or VP.75% (Senior)$76,638$36.8
AdministratorPrincipal, District Admin, or Consultant.90% (Expert)$100,060$48.1

Detailed Educational Instruction and Library Occupations Market Analysis

Relocation Context

Nominal Salary

$61,310

Gross Pay

Real Wage (Purchasing Power)

$61,310

Adjusted for COL (100)

With an average annual salary of $61,310 and a Cost of Living Index of 100, the nominal salary in Waco, TX, perfectly aligns with the national average cost of living. This means that the purchasing power of an educator's salary in Waco is equivalent to that of an educator earning the national average in a typical U.S. city, offering stable financial footing.

Job Market Context

9,290

Total Jobs

71.487

Per 1K Jobs

1.23

Location Quotient

Above Average

With a location quotient of 1.23, Waco, TX has a slightly higher-than-average concentration of Educational Instruction and Library Occupations roles compared to the national norm.

The location quotient of 1.23 for Educational Instruction and Library Occupations in Waco, TX, indicates a higher concentration of these jobs compared to the national average. This suggests a potentially more competitive market for job seekers, but also signifies a strong and established presence of these roles within the local economy, offering good opportunities for those with relevant skills.

Nearby Job Markets

Frequently Asked Questions

How much does a Educational Instruction and Library Occupations make in Waco, TX?

The median annual salary for a Educational Instruction and Library Occupations in Waco, TX is $61,310. This typically ranges from $24,260 for entry-level positions to $100,060 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Waco, TX is 0.4% higher than the national median of $61,040.

Is Waco, TX a lucrative place for Educational Instruction and Library Occupationss?

Yes, Waco, TX offers competitive compensation for these roles.The average salary of $61,310 is slightly above the national average, and the cost of living is on par with the national average, providing good financial stability.

Is Waco, TX a good place to live for Educational Instruction and Library 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 ($50,980) and Northwestern Region of Texas nonmetropolitan area.

How does Waco's salary for educators compare to the national average?

The average annual salary for Educational Instruction and Library Occupations in Waco, TX, is $61,310, which is slightly higher than the national average of $61,040.

What does the Cost of Living Index of 100 mean for Waco, TX?

A Cost of Living Index of 100 means that the general cost of goods and services in Waco, TX, is the same as the national average, making the $61,310 salary hold its value effectively.

Is there high demand for educational and library professionals in Waco?

The location quotient of 1.23 suggests a higher concentration of these jobs in Waco compared to the national average, indicating a healthy demand for professionals in this sector.

What is the total number of people employed in educational and library roles in Waco?

There are approximately 9,290 individuals employed in Educational Instruction and Library Occupations in Waco, TX.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 9,290 employees in the Waco, TX area with a job density of 71.487 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.