SalaryNode

Average Laborers and Freight, Stock, and Material Movers, Hand Salary in Lexington-Fayette, KY

In Lexington-Fayette, KY, Laborers and Freight, Stock, and Material Movers, Hand earn an average annual salary of $40,000. This figure is slightly below the national average of $41,390, indicating a localized pay scale influenced by regional economic factors and the specific demand within the Bluegrass State. The cost of living in Lexington-Fayette aligns perfectly with the national average, suggesting that this salary offers a comparable purchasing power.

Executive Summary

  • Average Salary: $40,000 per year.
  • Growth Trend: Salaries have shifted 29.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $48,100.
  • Outlook: The Lexington-Fayette area supports a substantial workforce of approximately 5,500 individuals in roles related to freight, stock, and material moving. With a Location Quotient of 1.0, the concentration of these jobs mirrors the national average, suggesting a stable and consistent demand for these essential services within the local economy. The presence of nearly 20 jobs per 1,000 workers further underscores the ongoing need for manual labor in logistics and material handling.
2024 Market Data

Salary Overview

$40,000

The average Laborers and Freight, Stock, and Material Movers, Hand in Lexington-Fayette, KY earns-3.4%below the national average.

BreakdownBased on 40h/week
Hourly

$19.2

Weekly

$769

Monthly

$3,333

Laborers and Freight, Stock, and Material Movers, Hand Salary Distribution in Lexington-Fayette, KY

Career progression for Laborers and Freight, Stock, and Material Movers, Hand typically involves a significant salary increase 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 substantially higher earnings. The percentile gaps in salary distribution highlight these opportunities for advancement, rewarding dedication and skill development within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$30,490$14.7
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$30,000$14.4
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$39,660$19.1
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$50,000$24
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$48,100$23.1

Detailed Laborers and Freight, Stock, and Material Movers, Hand Market Analysis

Relocation Context

Nominal Salary

$40,000

Gross Pay

Real Wage (Purchasing Power)

$40,000

Adjusted for COL (100)

The nominal average annual salary of $40,000 in Lexington-Fayette, KY, is effectively balanced by the local Cost of Living Index, which stands precisely at the national average of 100. This means that the purchasing power of the salary is comparable to the national standard, making relocation financially neutral from a cost-of-living perspective. Individuals moving to Lexington-Fayette can expect their earnings to cover essential expenses at a rate consistent with the rest of the country.

Job Market Context

5,500

Total Jobs

19.438

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Lexington-Fayette, KY has a slightly higher-than-average concentration of Laborers and Freight, Stock, and Material Movers, Hand roles compared to the national norm.

A Location Quotient of 1.0 for Laborers and Freight, Stock, and Material Movers, Hand in Lexington-Fayette, KY, indicates that the concentration of these jobs in the area is exactly in line with the national average. This suggests a balanced job market where demand and supply are relatively stable, neither indicating a significant surplus nor a pronounced shortage of workers in this sector. The market is neither overly competitive nor exceptionally abundant, presenting steady opportunities.

Nearby Job Markets

Frequently Asked Questions

How much does a Laborers and Freight, Stock, and Material Movers, Hand make in Lexington-Fayette, KY?

The median annual salary for a Laborers and Freight, Stock, and Material Movers, Hand in Lexington-Fayette, KY is $40,000. This typically ranges from $30,490 for entry-level positions to $48,100 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lexington-Fayette, KY is 3.4% lower than the national median of $41,390.

Is Lexington-Fayette, KY a lucrative place for Laborers and Freight, Stock, and Material Movers, Hands?

No, not significantly more lucrative than the national average.The average salary of $40,000 is slightly below the national average, and the cost of living is exactly at the national average. This indicates that while stable, the area does not offer a substantial financial advantage over other regions for this profession.

Is Lexington-Fayette, KY a good place to live for Laborers and Freight, Stock, and Material Movers, Hands?

The Cost of Living Index in Lexington-Fayette, KY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lexington-Fayette, KY?

Some top paying nearby cities include Central Kentucky nonmetropolitan area ($35,780) and South Central Kentucky nonmetropolitan area.

How does the local workforce size impact job availability?

With a local workforce of 5,500 in this sector, there is a substantial pool of talent and a consistent demand, suggesting stable employment opportunities without extreme competition or scarcity.

What does a Location Quotient of 1 mean for movers in Lexington-Fayette?

A Location Quotient of 1 signifies that the proportion of movers in Lexington-Fayette is the same as the national average, indicating a standard level of industry concentration and job market equilibrium.

How does the cost of living affect the $40,000 salary?

Since the cost of living index is 100 (national average), the $40,000 salary offers purchasing power equivalent to the national average, making it neither exceptionally high nor low in real terms.

Are there many job openings for movers in Lexington-Fayette?

With 19.438 jobs per 1,000 workers, there is a steady presence of job opportunities, reflecting consistent demand for manual labor in logistics and material handling within the region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 5,500 employees in the Lexington-Fayette, KY area with a job density of 19.438 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.