Average Laborers and Freight, Stock, and Material Movers, Hand Salary in Owensboro, KY
In Owensboro, KY, Laborers and Freight, Stock, and Material Movers, Hand earn an average annual salary of $40,560. This figure is slightly below the national average of $41,390, suggesting localized economic factors and regional demand play a role in compensation for these essential roles. The specific needs and economic landscape of Owensboro directly influence the pay rates for this occupation.
Executive Summary
- Average Salary: $40,560 per year.
- Growth Trend: Salaries have shifted 14.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $55,480.
- Outlook: The local job market for Laborers and Freight, Stock, and Material Movers, Hand in Owensboro, KY, appears stable, with a total workforce of 960 individuals in this role. The Location Quotient of 1.02 indicates a concentration of these jobs that is very close to the national average, suggesting a consistent, albeit not exceptionally high, demand for these services within the region.
Salary Overview
The average Laborers and Freight, Stock, and Material Movers, Hand in Owensboro, KY earns-2.0%below the national average.
$19.5
$780
$3,380
Laborers and Freight, Stock, and Material Movers, Hand Salary Trends (2020-2024)
While specific historical data for Owensboro is not provided, it is reasonable to assume that, mirroring national trends, salaries for Laborers and Freight, Stock, and Material Movers, Hand have experienced gradual growth over the past four years. This growth is typically driven by inflation, increased demand for logistics and handling services, and evolving labor market dynamics.
Laborers and Freight, Stock, and Material Movers, Hand Salary Distribution in Owensboro, KY
Career progression for Laborers and Freight, Stock, and Material Movers, Hand in Owensboro, KY, typically involves a salary increase with experience. Entry-level positions will likely fall at the lower end of the pay scale, while seasoned professionals with specialized skills or supervisory responsibilities can command higher salaries. The percentile gaps in earnings signify clear opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $28,530 | $13.7 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $30,420 | $14.6 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $39,790 | $19.1 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $50,700 | $24.4 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $55,480 | $26.7 |
Detailed Laborers and Freight, Stock, and Material Movers, Hand Market Analysis
Relocation Context
Nominal Salary
$40,560
Gross Pay
Real Wage (Purchasing Power)
$40,560
Adjusted for COL (100)
With an average annual salary of $40,560 and a Cost of Living Index of 100 (matching the national average), the nominal income in Owensboro, KY, for this role offers purchasing power equivalent to the national standard. This means that while the salary is slightly below the national average, the cost of living does not present a disadvantage, making the take-home pay relatively stable compared to national benchmarks.
Job Market Context
960
Total Jobs
19.775
Per 1K Jobs
1.02
Location Quotient
With a location quotient of 1.02, Owensboro, KY has a slightly higher-than-average concentration of Laborers and Freight, Stock, and Material Movers, Hand roles compared to the national norm.
The Location Quotient of 1.02 for Laborers and Freight, Stock, and Material Movers, Hand in Owensboro, KY, signifies a market that is almost perfectly aligned with the national average in terms of job concentration. This suggests a balanced job market where the number of available positions closely reflects the national distribution, indicating neither an oversupply nor a significant shortage of these roles.
Nearby Job Markets
Nearby Cities for Laborers and Freight, Stock, and Material Movers, Hand
Comparing salaries near Owensboro, KY
Hiring Laborers and Freight, Stock, and Material Movers, Hands?
Frequently Asked Questions
How much does a Laborers and Freight, Stock, and Material Movers, Hand make in Owensboro, KY?
The median annual salary for a Laborers and Freight, Stock, and Material Movers, Hand in Owensboro, KY is $40,560. This typically ranges from $28,530 for entry-level positions to $55,480 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Owensboro, KY is 2.0% lower than the national median of $41,390.
Is Owensboro, KY 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 $40,560 is slightly below the national average, though the cost of living is on par with the national average. This indicates a stable but not significantly higher earning potential in Owensboro for this role.
Is Owensboro, KY a good place to live for Laborers and Freight, Stock, and Material Movers, Hands?
The Cost of Living Index in Owensboro, KY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Owensboro, KY?
Some top paying nearby cities include Evansville, IN ($40,810) and Bowling Green, KY.
How does the Owensboro salary compare to the national average?
The average annual salary for Laborers and Freight, Stock, and Material Movers, Hand in Owensboro, KY is $40,560, which is slightly lower than the national average of $41,390.
What is the Cost of Living in Owensboro, KY for this role?
The Cost of Living Index in Owensboro, KY is 100, which is exactly the national average, indicating that the cost of goods and services is comparable to the rest of the country.
How concentrated are these jobs in Owensboro?
The concentration of these jobs in Owensboro, indicated by a Location Quotient of 1.02, is very close to the national average, suggesting a stable demand for this profession.
What is the total number of these jobs in Owensboro?
There are approximately 960 individuals employed as Laborers and Freight, Stock, and Material Movers, Hand in Owensboro, KY.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 960 employees in the Owensboro, KY area with a job density of 19.775 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 Owensboro, KY