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Average Gambling Dealers Salary in Michigan

Gambling Dealers in Michigan earn an average annual salary of $39,980, which is marginally higher than the national average of $39,000. This slight premium in compensation can be attributed to the specific economic landscape and demand within Michigan's gaming sector, which influences local wage structures.

Executive Summary

  • Average Salary: $39,980 per year.
  • Growth Trend: Salaries have shifted 47.6% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $61,670.
  • Outlook: With a local workforce of 2,510 Gambling Dealers, Michigan presents a stable job market for this profession. The Location Quotient of 1.06 indicates a concentration of these roles slightly above the national average, suggesting a consistent demand and a healthy presence of gaming establishments within the state.
2024 Market Data

Salary Overview

$39,980

The average Gambling Dealers in Michigan earns+2.5%above the national average.

BreakdownBased on 40h/week
Hourly

$19.2

Weekly

$769

Monthly

$3,332

Gambling Dealers Salary Distribution in Michigan

The salary progression for Gambling Dealers in Michigan typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with advanced skills and a proven track record can command significantly higher salaries. The percentile gaps in earnings clearly signify the career progression and increased earning potential as dealers gain expertise and responsibilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$23,530$11.3
ExperiencedProficient professional working independently.25% (Junior)$29,985$14.4
Mid-LevelEstablished expert. Standard market value.50% (Median)$38,660$18.6
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$49,975$24
Top TierIndustry leader / Executive level compensation.90% (Expert)$61,670$29.6

Detailed Gambling Dealers Market Analysis

Relocation Context

Nominal Salary

$39,980

Gross Pay

Real Wage (Purchasing Power)

$44,128

Adjusted for COL (90.6)

The average annual salary of $39,980 in Michigan offers good purchasing power, especially when considered against the state's Cost of Living Index of 90.6, which is below the national average of 100. This means that the nominal salary can translate into a higher real income, allowing for a better standard of living compared to areas with a higher cost of living.

Job Market Context

2,510

Total Jobs

0.572

Per 1K Jobs

1.06

Location Quotient

Above Average

With a location quotient of 1.06, Michigan has a slightly higher-than-average concentration of Gambling Dealers roles compared to the national norm.

A Location Quotient of 1.06 for Gambling Dealers in Michigan signifies a job market that is slightly more concentrated than the national average. This suggests that while the profession is well-established and present in Michigan, it is not overwhelmingly saturated, indicating a competitive yet accessible market for both employers seeking talent and individuals looking for employment.

Nearby Job Markets

Hiring Gambling Dealerss?

Frequently Asked Questions

How much does a Gambling Dealers make in Michigan?

The median annual salary for a Gambling Dealers in Michigan is $39,980. This typically ranges from $23,530 for entry-level positions to $61,670 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Michigan is 2.5% higher than the national median of $39,000.

Is Michigan a lucrative place for Gambling Dealers?

Yes, Michigan offers a competitive environment for Gambling Dealers.The average salary slightly exceeds the national average, and the cost of living is below the national benchmark, enhancing overall earning potential.

Is Michigan a good place to live for Gambling Dealers?

With a Cost of Living Index of 90.6 (lower than the national average of 100), your salary goes further here.

What is the average salary for a Gambling Dealer in Michigan?

The average annual salary for a Gambling Dealer in Michigan is $39,980.

How does Michigan's salary for Gambling Dealers compare to the national average?

Michigan's average salary of $39,980 is slightly higher than the national average of $39,000.

What is the concentration of Gambling Dealers in Michigan compared to the rest of the US?

Michigan has a Location Quotient of 1.06 for Gambling Dealers, indicating a slightly higher concentration than the national average.

How does the cost of living in Michigan affect the salary of a Gambling Dealer?

With a Cost of Living Index of 90.6, Michigan's lower cost of living means that the average salary of $39,980 provides a relatively strong purchasing power.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,510 employees in the Michigan area with a job density of 0.572 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Gambling Dealers • Data source: BLS OEWS 2024 •Jobs in Michigan