In Lexington-Fayette, KY, Executive Secretaries and Executive Administrative Assistants earn an average annual salary of $60,310. This figure is notably below the national average of $78,970, indicating that local market dynamics and potentially a different economic landscape influence compensation for these roles. The specific economic drivers and demand within the Lexington-Fayette region play a significant role in shaping this salary differential.
Executive Summary
- Average Salary: $60,310 per year.
- Growth Trend: Salaries have shifted 13.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $79,310.
- Outlook: The job market for Executive Secretaries and Executive Administrative Assistants in Lexington-Fayette, KY, features a local workforce of 640 professionals. With a Location Quotient of 0.74, the concentration of these roles is slightly below the national average, suggesting a stable but not exceptionally high demand relative to other occupations. The presence of 2.265 jobs per 1,000 workers indicates a consistent need for these administrative professionals within the local economy.
Salary Overview
The average Executive Secretaries and Executive Administrative Assistants in Lexington-Fayette, KY earns-23.6%below the national average.
$29
$1,160
$5,026
Executive Secretaries and Executive Administrative Assistants Salary Trends (2020-2024)
While specific historical data for Lexington-Fayette, KY is not provided, it is reasonable to assume a general upward trend in salaries for Executive Secretaries and Executive Administrative Assistants over the past four years, mirroring national patterns. Economic growth, inflation, and evolving job responsibilities typically contribute to incremental salary increases in administrative support roles, reflecting a dynamic labor market.
Executive Secretaries and Executive Administrative Assistants Salary Distribution in Lexington-Fayette, KY
Career progression for Executive Secretaries and Executive Administrative Assistants typically involves a significant salary increase with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries well above the average. The percentile gaps in salary distribution clearly signify the career trajectory and earning potential as one moves from junior to senior administrative roles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $42,350 | $20.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $45,233 | $21.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $59,580 | $28.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $75,388 | $36.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $79,310 | $38.1 |
Detailed Executive Secretaries and Executive Administrative Assistants Market Analysis
Relocation Context
Nominal Salary
$60,310
Gross Pay
Real Wage (Purchasing Power)
$60,310
Adjusted for COL (100)
The average annual salary of $60,310 in Lexington-Fayette, KY, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an Executive Secretary's salary in Lexington-Fayette is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services.
Job Market Context
640
Total Jobs
2.265
Per 1K Jobs
0.74
Location Quotient
Lexington-Fayette, KY has 0.74x the national average concentration of Executive Secretaries and Executive Administrative Assistants 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 0.74 for Executive Secretaries and Executive Administrative Assistants in Lexington-Fayette, KY, indicates that this profession is slightly less concentrated than the national average. This suggests that while the demand is present, the market may not be saturated, potentially offering moderate competition for skilled candidates. It implies a balanced environment where employers are actively seeking qualified individuals, but the sheer volume of professionals is not disproportionately high.
Nearby Job Markets
Nearby Cities for Executive Secretaries and Executive Administrative Assistants
Comparing salaries near Lexington-Fayette, KY
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Frequently Asked Questions
How much does a Executive Secretaries and Executive Administrative Assistants make in Lexington-Fayette, KY?
The median annual salary for a Executive Secretaries and Executive Administrative Assistants in Lexington-Fayette, KY is $60,310. This typically ranges from $42,350 for entry-level positions to $79,310 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lexington-Fayette, KY is 23.6% lower than the national median of $78,970.
Is Lexington-Fayette, KY a lucrative place for Executive Secretaries and Executive Administrative Assistants?
No, not when compared to the national average.The average salary of $60,310 is significantly lower than the national average of $78,970, although the cost of living is on par with the national average.
Is Lexington-Fayette, KY a good place to live for Executive Secretaries and Executive Administrative Assistants?
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 ($58,600) and South Central Kentucky nonmetropolitan area.
How does the Lexington-Fayette salary compare to the national average?
The average salary for Executive Secretaries and Executive Administrative Assistants in Lexington-Fayette, KY, is $60,310, which is considerably less than the national average of $78,970.
What is the Cost of Living in Lexington-Fayette, KY?
The Cost of Living Index in Lexington-Fayette, KY, is 100, which is exactly the national average, meaning the cost of goods and services is neither higher nor lower than the typical U.S. city.
How concentrated is the market for Executive Secretaries in Lexington-Fayette?
The market for these roles in Lexington-Fayette, KY, is slightly less concentrated than the national average, with a Location Quotient of 0.74.
What is the total number of Executive Secretaries and Administrative Assistants in Lexington-Fayette?
There are approximately 640 Executive Secretaries and Executive Administrative Assistants employed in the Lexington-Fayette, KY area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 640 employees in the Lexington-Fayette, KY area with a job density of 2.265 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Executive Secretaries and Executive Administrative Assistants • Data source: BLS OEWS 2024 •Jobs in Lexington-Fayette, KY