In Lexington Park, MD, Executive Secretaries and Executive Administrative Assistants earn an average annual salary of $77,480. This figure is slightly below the national average of $78,970, suggesting a localized compensation structure influenced by regional economic factors and the specific demands of the local job market. The presence of a significant workforce in this specialized role indicates a consistent demand within the area.
Executive Summary
- Average Salary: $77,480 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $102,470.
- Outlook: Lexington Park, MD, supports a dedicated workforce of 300 Executive Secretaries and Executive Administrative Assistants. With a Location Quotient of 1.38, this role is 38% more concentrated in Lexington Park than the national average, indicating a robust and potentially growing demand for these administrative professionals within the local economy.
Salary Overview
The average Executive Secretaries and Executive Administrative Assistants in Lexington Park, MD earns-1.9%below the national average.
$37.3
$1,490
$6,457
Executive Secretaries and Executive Administrative Assistants Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Executive Secretaries and Executive Administrative Assistants in Lexington Park, MD, have experienced steady growth over the past four years, mirroring national trends. This growth is likely driven by increasing responsibilities, the need for specialized administrative support in key local industries, and general inflation.
Executive Secretaries and Executive Administrative Assistants Salary Distribution in Lexington Park, MD
Salary progression for Executive Secretaries and Executive Administrative Assistants in Lexington Park, MD, typically scales significantly with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the upper percentiles. The gap between entry-level and senior roles highlights clear career advancement opportunities and the value placed on accumulated expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $50,260 | $24.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $58,110 | $27.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $76,080 | $36.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $96,850 | $46.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $102,470 | $49.3 |
Detailed Executive Secretaries and Executive Administrative Assistants Market Analysis
Relocation Context
Nominal Salary
$77,480
Gross Pay
Real Wage (Purchasing Power)
$77,480
Adjusted for COL (100)
The nominal salary of $77,480 in Lexington Park, MD, aligns perfectly with the national average cost of living, indicated by an index of 100. This means that the purchasing power of an Executive Secretary's salary in Lexington Park is equivalent to the national average, offering a stable financial environment without the added pressure of higher or lower living expenses.
Job Market Context
300
Total Jobs
4.234
Per 1K Jobs
1.38
Location Quotient
With a location quotient of 1.38, Lexington Park, MD has a slightly higher-than-average concentration of Executive Secretaries and Executive Administrative Assistants roles compared to the national norm.
The Location Quotient of 1.38 for Executive Secretaries and Executive Administrative Assistants in Lexington Park, MD, signifies a higher concentration of these roles compared to the national average. This suggests a competitive market where employers may actively seek out skilled professionals, potentially leading to more opportunities and a dynamic job landscape for those in this field.
Nearby Job Markets
Nearby Cities for Executive Secretaries and Executive Administrative Assistants
Comparing salaries near Lexington Park, MD
Hiring Executive Secretaries and Executive Administrative Assistantss?
Frequently Asked Questions
How much does a Executive Secretaries and Executive Administrative Assistants make in Lexington Park, MD?
The median annual salary for a Executive Secretaries and Executive Administrative Assistants in Lexington Park, MD is $77,480. This typically ranges from $50,260 for entry-level positions to $102,470 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lexington Park, MD is 1.9% lower than the national median of $78,970.
Is Lexington Park, MD a lucrative place for Executive Secretaries and Executive Administrative Assistants?
Yes, with caveats.While the average salary is slightly below the national average, the strong concentration of these roles (LQ 1.38) and a cost of living at the national average indicate a stable and opportunity-rich market.
Is Lexington Park, MD a good place to live for Executive Secretaries and Executive Administrative Assistants?
The Cost of Living Index in Lexington Park, MD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lexington Park, MD?
Some top paying nearby cities include Salisbury, MD ($69,680) and Washington-Arlington-Alexandria, DC-VA-MD-WV.
How does the Lexington Park salary compare to the national average?
The average annual salary for Executive Secretaries and Executive Administrative Assistants in Lexington Park, MD, is $77,480, which is slightly lower than the national average of $78,970.
What is the significance of the Location Quotient (LQ) in Lexington Park?
A Location Quotient of 1.38 means that the concentration of Executive Secretary and Executive Administrative Assistant roles in Lexington Park is 38% higher than the national average, indicating a stronger local demand.
How does the cost of living affect the salary in Lexington Park?
With a Cost of Living Index of 100, Lexington Park is at the national average. This means the $77,480 salary offers purchasing power equivalent to the national average, making it a financially stable location.
What is the total workforce size for this role in Lexington Park?
There are approximately 300 Executive Secretaries and Executive Administrative Assistants working in Lexington Park, MD.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 300 employees in the Lexington Park, MD area with a job density of 4.234 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 Park, MD