In Lafayette-West Lafayette, IN, Laborers and Freight, Stock, and Material Movers, Hand earn an average annual salary of $41,970. This figure slightly surpasses the national average of $41,390, indicating a localized demand that influences compensation. The specific economic drivers and industry needs within the Lafayette-West Lafayette region contribute to this competitive pay.
Executive Summary
- Average Salary: $41,970 per year.
- Growth Trend: Salaries have shifted 27.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $65,350.
- Outlook: The Lafayette-West Lafayette job market for Laborers and Freight, Stock, and Material Movers, Hand is robust, supported by a local workforce of 2,350 individuals. A Location Quotient of 1.19 suggests that this occupation is more concentrated in Lafayette-West Lafayette than the national average, pointing to a steady demand and a significant presence of these roles within the local economy.
Salary Overview
The average Laborers and Freight, Stock, and Material Movers, Hand in Lafayette-West Lafayette, IN earns+1.4%above the national average.
$20.2
$807
$3,498
Laborers and Freight, Stock, and Material Movers, Hand Salary Trends (2020-2024)
While specific historical data for this role in Lafayette-West Lafayette is not provided, it is reasonable to assume a general upward trend in salaries over the past four years, mirroring national economic patterns. Factors such as inflation, increased demand for logistics, and evolving labor market dynamics typically contribute to salary growth for manual labor positions.
Laborers and Freight, Stock, and Material Movers, Hand Salary Distribution in Lafayette-West Lafayette, IN
As with most professions, experience plays a crucial role in salary progression for Laborers and Freight, Stock, and Material Movers, Hand. Entry-level positions typically start at 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 reflect this career trajectory, rewarding accumulated expertise and reliability.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $30,740 | $14.8 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $31,478 | $15.1 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $37,540 | $18 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $52,463 | $25.2 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $65,350 | $31.4 |
Detailed Laborers and Freight, Stock, and Material Movers, Hand Market Analysis
Relocation Context
Nominal Salary
$41,970
Gross Pay
Real Wage (Purchasing Power)
$41,970
Adjusted for COL (100)
The average annual salary of $41,970 in Lafayette-West Lafayette aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a laborer's salary in this area is equivalent to the national standard, offering a stable financial environment for residents.
Job Market Context
2,350
Total Jobs
23.003
Per 1K Jobs
1.19
Location Quotient
With a location quotient of 1.19, Lafayette-West Lafayette, IN has a slightly higher-than-average concentration of Laborers and Freight, Stock, and Material Movers, Hand roles compared to the national norm.
With a Location Quotient of 1.19, Lafayette-West Lafayette demonstrates a higher concentration of Laborers and Freight, Stock, and Material Movers, Hand compared to the national average. This suggests a healthy and active job market for these roles, where demand is at least on par with, if not exceeding, the national level, potentially leading to more opportunities and competitive hiring.
Nearby Job Markets
Nearby Cities for Laborers and Freight, Stock, and Material Movers, Hand
Comparing salaries near Lafayette-West Lafayette, IN
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Frequently Asked Questions
How much does a Laborers and Freight, Stock, and Material Movers, Hand make in Lafayette-West Lafayette, IN?
The median annual salary for a Laborers and Freight, Stock, and Material Movers, Hand in Lafayette-West Lafayette, IN is $41,970. This typically ranges from $30,740 for entry-level positions to $65,350 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 1.4% higher than the national median of $41,390.
Is Lafayette-West Lafayette, IN a lucrative place for Laborers and Freight, Stock, and Material Movers, Hands?
Yes, it offers slightly above-average compensation.The average salary of $41,970 in Lafayette-West Lafayette is higher than the national average, and the cost of living is at the national average, making it a financially stable location for these roles.
Is Lafayette-West Lafayette, IN a good place to live for Laborers and Freight, Stock, and Material Movers, Hands?
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 Kokomo, IN ($39,960) and Northern Indiana nonmetropolitan area.
How does the local workforce size impact job availability?
A local workforce of 2,350 indicates a substantial pool of individuals in this occupation, suggesting a well-established industry presence and consistent demand for laborers in the Lafayette-West Lafayette area.
What does a Location Quotient of 1.19 signify?
A Location Quotient of 1.19 means that the concentration of Laborers and Freight, Stock, and Material Movers, Hand in Lafayette-West Lafayette is 19% higher than the national average, indicating a stronger local market for this profession.
How does the Cost of Living in Lafayette-West Lafayette compare nationally?
The Cost of Living Index is 100, which is exactly the national average. This means that the general expenses for goods and services in Lafayette-West Lafayette are comparable to the rest of the country.
Are there more job opportunities for laborers in Lafayette-West Lafayette than elsewhere?
The Location Quotient of 1.19 and the slightly higher average salary suggest that job opportunities for Laborers and Freight, Stock, and Material Movers, Hand are relatively abundant and potentially more competitive in Lafayette-West Lafayette compared to the national landscape.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,350 employees in the Lafayette-West Lafayette, IN area with a job density of 23.003 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 Lafayette-West Lafayette, IN