Average Human Resources Specialists Salary in Waco, TX
Human Resources Specialists in Waco, TX, earn an average annual salary of $64,730. This figure is notably below the national average of $79,090, reflecting regional economic factors and the specific demand within the Waco labor market. While the national trend may indicate higher compensation, local market dynamics play a crucial role in determining the pay scale for HR professionals in this Texas city.
Executive Summary
- Average Salary: $64,730 per year.
- Growth Trend: Salaries have shifted 16.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $97,170.
- Outlook: Waco, TX, hosts a local workforce of 580 Human Resources Specialists, with a jobs-per-1,000-workers rate of 4.491. The Location Quotient of 0.75 suggests that HR Specialist roles are slightly less concentrated in Waco compared to the national average. This indicates a stable, albeit not exceptionally high, demand for these professionals within the local economy.
Salary Overview
The average Human Resources Specialists in Waco, TX earns-18.2%below the national average.
$31.1
$1,245
$5,394
Human Resources Specialists Salary Trends (2020-2024)
While specific historical data for Waco's HR Specialist salaries over the past four years is not provided, it is reasonable to assume a general upward trend mirroring national patterns. Economic growth, evolving HR practices, and inflation typically contribute to incremental salary increases for skilled professionals over time. Therefore, HR Specialists in Waco likely have experienced modest salary growth, aiming to keep pace with the broader economic landscape.
Human Resources Specialists Salary Distribution in Waco, TX
The career trajectory for Human Resources Specialists in Waco, as elsewhere, typically involves salary progression tied to experience and expertise. Entry-level positions will naturally command lower salaries, while seasoned professionals with specialized skills and a proven track record can expect significantly higher compensation. The percentile gaps between junior and senior roles underscore the opportunities for career advancement and increased earning potential within the HR field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,570 | $17.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $48,548 | $23.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $59,590 | $28.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $80,913 | $38.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $97,170 | $46.7 |
Detailed Human Resources Specialists Market Analysis
Relocation Context
Nominal Salary
$64,730
Gross Pay
Real Wage (Purchasing Power)
$64,730
Adjusted for COL (100)
The average annual salary of $64,730 for Human Resources Specialists in Waco, TX, aligns perfectly with the local Cost of Living Index of 100, which represents the national average. This means that the nominal salary earned by an HR Specialist in Waco has the same purchasing power as the national average salary across the country. Consequently, the financial impact of relocating to Waco for this role is neutral from a cost-of-living perspective.
Job Market Context
580
Total Jobs
4.491
Per 1K Jobs
0.75
Location Quotient
Waco, TX has 0.75x 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.
With a Location Quotient of 0.75, Waco, TX, has a slightly lower concentration of Human Resources Specialists than the national average. This suggests that the job market for HR Specialists in Waco is neither oversaturated nor exceptionally scarce. While there is a consistent need for these professionals, the market is not characterized by an overwhelming abundance of talent, potentially offering a balanced environment for job seekers.
Nearby Job Markets
Nearby Cities for Human Resources Specialists
Comparing salaries near Waco, TX
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Frequently Asked Questions
How much does a Human Resources Specialists make in Waco, TX?
The median annual salary for a Human Resources Specialists in Waco, TX is $64,730. This typically ranges from $36,570 for entry-level positions to $97,170 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Waco, TX is 18.2% lower than the national median of $79,090.
Is Waco, TX a lucrative place for Human Resources Specialists?
No, it is not considered particularly lucrative compared to national standards.The average salary of $64,730 is significantly lower than the national average of $79,090. While the cost of living is average, the lower nominal pay makes it less financially attractive than many other markets.
Is Waco, TX a good place to live for Human Resources Specialists?
The Cost of Living Index in Waco, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Waco, TX?
Some top paying nearby cities include North Region of Texas nonmetropolitan area ($63,080) and Northwestern Region of Texas nonmetropolitan area.
How does the Waco HR Specialist salary compare to the national average?
Human Resources Specialists in Waco, TX, earn an average of $64,730 annually, which is approximately $14,360 less than the national average salary of $79,090.
What is the job market like for HR Specialists in Waco, TX?
The job market in Waco for HR Specialists is stable, with 4.491 jobs per 1,000 workers and a slightly lower concentration (LQ of 0.75) than the national average, indicating consistent but not exceptionally high demand.
Does the cost of living in Waco affect the value of the HR Specialist salary?
No, the cost of living in Waco is exactly at the national average (index of 100), meaning the $64,730 salary has the same purchasing power as the national average salary.
How many HR Specialists are employed in Waco, TX?
There are approximately 580 Human Resources Specialists employed within the Waco, TX, local workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 580 employees in the Waco, TX area with a job density of 4.491 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Human Resources Specialists • Data source: BLS OEWS 2024 •Jobs in Waco, TX