SalaryNode

Average Farming, Fishing, and Forestry Occupations Salary in Lafayette-West Lafayette, IN

In Lafayette-West Lafayette, IN, professionals in Farming, Fishing, and Forestry Occupations earn an average annual salary of $48,530. This figure notably surpasses the national average of $41,160, suggesting a localized premium for these essential roles. The specific economic drivers and agricultural significance of the Lafayette-West Lafayette region likely contribute to this elevated compensation.

Executive Summary

  • Average Salary: $48,530 per year.
  • Growth Trend: Salaries have shifted 37.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $60,910.
  • Outlook: The Lafayette-West Lafayette area supports a dedicated workforce of 250 individuals in Farming, Fishing, and Forestry Occupations. With a Location Quotient of 0.84, the concentration of these roles is slightly below the national average, indicating a stable yet not overly saturated job market. The presence of 2.406 jobs per 1,000 workers suggests consistent demand for skilled professionals in this sector within the region.
2024 Market Data

Salary Overview

$48,530

The average Farming, Fishing, and Forestry Occupations in Lafayette-West Lafayette, IN earns+17.9%above the national average.

BreakdownBased on 40h/week
Hourly

$23.3

Weekly

$933

Monthly

$4,044

Farming, Fishing, and Forestry Occupations Salary Distribution in Lafayette-West Lafayette, IN

Career progression within Farming, Fishing, and Forestry Occupations in Lafayette-West Lafayette, IN, is typically marked by increasing salary levels. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with specialized skills and extensive experience can command significantly higher compensation. The percentile gaps in salary distribution reflect these opportunities for advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$37,240$17.9
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$36,398$17.5
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$48,420$23.3
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$60,663$29.2
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$60,910$29.3

Detailed Farming, Fishing, and Forestry Occupations Market Analysis

Relocation Context

Nominal Salary

$48,530

Gross Pay

Real Wage (Purchasing Power)

$48,530

Adjusted for COL (100)

The average annual salary of $48,530 in Lafayette-West Lafayette, IN, aligns perfectly with the local Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of the salary earned in this sector is equivalent to the national standard, offering a balanced financial landscape for residents.

Job Market Context

250

Total Jobs

2.406

Per 1K Jobs

0.84

Location Quotient

Below Average

Lafayette-West Lafayette, IN has 0.84x the national average concentration of Farming, Fishing, and Forestry Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

The Location Quotient of 0.84 for Farming, Fishing, and Forestry Occupations in Lafayette-West Lafayette, IN, indicates that this sector is slightly less concentrated than the national average. This suggests a moderate level of competition for jobs, with opportunities available for skilled individuals without being overwhelmingly saturated. The market is stable, with a consistent need for these specialized roles.

Nearby Job Markets

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Frequently Asked Questions

How much does a Farming, Fishing, and Forestry Occupations make in Lafayette-West Lafayette, IN?

The median annual salary for a Farming, Fishing, and Forestry Occupations in Lafayette-West Lafayette, IN is $48,530. This typically ranges from $37,240 for entry-level positions to $60,910 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lafayette-West Lafayette, IN is 17.9% higher than the national median of $41,160.

Is Lafayette-West Lafayette, IN a lucrative place for Farming, Fishing, and Forestry Occupationss?

Yes, with a salary exceeding the national average.The average salary of $48,530 is significantly higher than the national average of $41,160, and the cost of living is at the national average, making it financially favorable.

Is Lafayette-West Lafayette, IN a good place to live for Farming, Fishing, and Forestry Occupations?

The Cost of Living Index in Lafayette-West Lafayette, IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lafayette-West Lafayette, IN?

Some top paying nearby cities include Northern Indiana nonmetropolitan area ($44,270) and Southern Indiana nonmetropolitan area.

How does the Lafayette-West Lafayette salary compare to the national average for these roles?

The average annual salary in Lafayette-West Lafayette, IN, is $48,530, which is notably higher than the national average of $41,160 for Farming, Fishing, and Forestry Occupations.

What is the concentration of Farming, Fishing, and Forestry jobs in Lafayette-West Lafayette compared to the nation?

The Location Quotient of 0.84 indicates that these occupations are slightly less concentrated in Lafayette-West Lafayette than the national average, suggesting a stable job market.

Does the cost of living affect the value of the salary in Lafayette-West Lafayette?

No, the cost of living index is 100, matching the national average. This means the $48,530 salary has the same purchasing power as the national average salary.

How many people work in Farming, Fishing, and Forestry Occupations in Lafayette-West Lafayette?

There are approximately 250 individuals employed in Farming, Fishing, and Forestry Occupations within the Lafayette-West Lafayette area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Lafayette-West Lafayette, IN area with a job density of 2.406 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.