Average Laborers and Freight, Stock, and Material Movers, Hand Salary in Kokomo, IN
In Kokomo, Indiana, Laborers and Freight, Stock, and Material Movers, Hand professionals earn an average annual salary of $39,960. This figure is slightly below the national average of $41,390, a common occurrence in markets where local economic factors and industry demand may differ from broader national trends. The specific pay rates in Kokomo are influenced by the local economic landscape and the concentration of related industries.
Executive Summary
- Average Salary: $39,960 per year.
- Growth Trend: Salaries have shifted 27.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $53,500.
- Outlook: Kokomo, IN supports a local workforce of 540 individuals in the Laborers and Freight, Stock, and Material Movers, Hand category. With a Location Quotient of 0.79, the concentration of these roles is slightly below the national average, suggesting a stable but not exceptionally high demand relative to other occupations. The presence of 15.238 jobs per 1,000 workers indicates a consistent need for these essential services within the local economy.
Salary Overview
The average Laborers and Freight, Stock, and Material Movers, Hand in Kokomo, IN earns-3.5%below the national average.
$19.2
$768
$3,330
Laborers and Freight, Stock, and Material Movers, Hand Salary Trends (2020-2024)
While specific historical data for Kokomo's material mover salaries over the past four years is not provided, it is generally assumed that compensation in this sector has seen incremental growth, mirroring broader economic trends and inflation adjustments. Such growth is typically driven by increasing operational costs for businesses and a sustained demand for manual labor in logistics and warehousing.
Laborers and Freight, Stock, and Material Movers, Hand Salary Distribution in Kokomo, IN
Salary progression for Laborers and Freight, Stock, and Material Movers, Hand in Kokomo, IN, typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with specialized skills or supervisory responsibilities can command significantly higher salaries. The percentile gaps in earnings clearly signify opportunities for career advancement and increased earning potential as one gains experience and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $30,480 | $14.7 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $29,970 | $14.4 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $36,470 | $17.5 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $49,950 | $24 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $53,500 | $25.7 |
Detailed Laborers and Freight, Stock, and Material Movers, Hand Market Analysis
Relocation Context
Nominal Salary
$39,960
Gross Pay
Real Wage (Purchasing Power)
$39,960
Adjusted for COL (100)
The average annual salary of $39,960 in Kokomo, IN, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a material mover's salary in Kokomo is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services in the area.
Job Market Context
540
Total Jobs
15.238
Per 1K Jobs
0.79
Location Quotient
Kokomo, IN has 0.79x the national average concentration of Laborers and Freight, Stock, and Material Movers, Hand 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 0.79, the market for Laborers and Freight, Stock, and Material Movers, Hand in Kokomo, IN, is slightly less concentrated than the national average. This suggests that while there is a steady demand for these roles, the job market may not be oversaturated, potentially offering a balanced environment for job seekers and employers alike.
Nearby Job Markets
Nearby Cities for Laborers and Freight, Stock, and Material Movers, Hand
Comparing salaries near Kokomo, IN
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Frequently Asked Questions
How much does a Laborers and Freight, Stock, and Material Movers, Hand make in Kokomo, IN?
The median annual salary for a Laborers and Freight, Stock, and Material Movers, Hand in Kokomo, IN is $39,960. This typically ranges from $30,480 for entry-level positions to $53,500 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kokomo, IN is 3.5% lower than the national median of $41,390.
Is Kokomo, IN a lucrative place for Laborers and Freight, Stock, and Material Movers, Hands?
No, not exceptionally lucrative compared to the national average.The average salary of $39,960 is slightly below the national average of $41,390, although the cost of living is on par with the national average.
Is Kokomo, IN a good place to live for Laborers and Freight, Stock, and Material Movers, Hands?
The Cost of Living Index in Kokomo, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Kokomo, IN?
Some top paying nearby cities include Lafayette-West Lafayette, IN ($41,970) and Muncie, IN.
How does the Kokomo salary compare to the national average?
The average annual salary for Laborers and Freight, Stock, and Material Movers, Hand in Kokomo, IN is $39,960, which is slightly lower than the national average of $41,390.
What is the Cost of Living in Kokomo, IN?
Kokomo, IN 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 job market for material movers in Kokomo?
The job market for material movers in Kokomo has a Location Quotient of 0.79, meaning it is slightly less concentrated than the national average, suggesting a moderate level of demand.
What does the number of jobs per 1,000 workers indicate for this role in Kokomo?
With 15.238 jobs per 1,000 workers, this metric indicates a consistent presence and demand for Laborers and Freight, Stock, and Material Movers, Hand within Kokomo's workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 540 employees in the Kokomo, IN area with a job density of 15.238 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Laborers and Freight, Stock, and Material Movers, Hand • Data source: BLS OEWS 2024 •Jobs in Kokomo, IN