SalaryNode

Average Human Resources Specialists Salary in Traverse City, MI

Human Resources Specialists in Traverse City, MI, earn an average annual salary of $68,030. This figure is notably below the national average of $79,090, suggesting that local market dynamics, such as industry concentration and demand, play a significant role in compensation levels within this Michigan city.

Executive Summary

  • Average Salary: $68,030 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $97,730.
  • Outlook: With a local workforce of 300 Human Resources Specialists, Traverse City presents a moderately concentrated market. The Location Quotient of 0.74 indicates a slightly lower presence of these professionals compared to the national average, suggesting a stable but not exceptionally high demand within the region's specific economic landscape.
2024 Market Data

Salary Overview

$68,030

The average Human Resources Specialists in Traverse City, MI earns-14.0%below the national average.

BreakdownBased on 40h/week
Hourly

$32.7

Weekly

$1,308

Monthly

$5,669

Human Resources Specialists Salary Distribution in Traverse City, MI

Salary progression for Human Resources Specialists in Traverse City typically scales with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with specialized skills and extensive experience can command salaries in the upper percentiles, reflecting a clear career ladder and the value placed on expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$45,460$21.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$51,023$24.5
ManagerOversees team, compliance, and project delivery.50% (Median)$62,700$30.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$85,038$40.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$97,730$47

Detailed Human Resources Specialists Market Analysis

Relocation Context

Nominal Salary

$68,030

Gross Pay

Real Wage (Purchasing Power)

$68,030

Adjusted for COL (100)

The average annual salary of $68,030 in Traverse City aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an HR Specialist's salary in Traverse City is equivalent to the national standard, offering a balanced lifestyle without significant financial strain related to living expenses.

Job Market Context

300

Total Jobs

4.43

Per 1K Jobs

0.74

Location Quotient

Below Average

Traverse City, MI has 0.74x the national average concentration of Human Resources Specialists 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 Human Resources Specialists in Traverse City suggests that the concentration of these roles is slightly below the national average. This indicates a market that is neither oversaturated nor exceptionally scarce, implying a steady availability of opportunities for qualified professionals without intense competition.

Nearby Job Markets

Hiring Human Resources Specialistss?

Frequently Asked Questions

How much does a Human Resources Specialists make in Traverse City, MI?

The median annual salary for a Human Resources Specialists in Traverse City, MI is $68,030. This typically ranges from $45,460 for entry-level positions to $97,730 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Traverse City, MI is 14.0% lower than the national median of $79,090.

Is Traverse City, MI a lucrative place for Human Resources Specialists?

No, not exceptionally lucrative compared to the national average.While the salary of $68,030 is competitive with the local cost of living, it falls below the national average for Human Resources Specialists. The market concentration is also slightly lower than the national benchmark.

Is Traverse City, MI a good place to live for Human Resources Specialists?

The Cost of Living Index in Traverse City, MI is 100. While higher than average, this often correlates with higher wages.

How does the Traverse City HR Specialist salary compare to the national average?

The average salary for Human Resources Specialists in Traverse City, MI, is $68,030, which is approximately $11,060 less than the national average of $79,090.

What is the cost of living in Traverse City, MI for HR Specialists?

Traverse City, MI has a Cost of Living Index of 100, which is exactly the national average, indicating that the general cost of goods and services is comparable to the rest of the United States.

How concentrated is the HR Specialist job market in Traverse City?

The job market for HR Specialists in Traverse City is moderately concentrated, with a Location Quotient of 0.74, suggesting a slightly lower presence of these roles compared to the national average.

What is the total number of HR Specialists in Traverse City?

There are approximately 300 Human Resources Specialists employed in the Traverse City, MI area.

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 Traverse City, MI area with a job density of 4.43 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.