SalaryNode

Average Laborers and Freight, Stock, and Material Movers, Hand Salary in Waterbury-Shelton, CT

In Waterbury-Shelton, CT, Laborers and Freight, Stock, and Material Movers, Hand earn an average annual salary of $41,770. This figure is slightly above the national average of $41,390, suggesting that local economic factors and demand in the region contribute to this competitive compensation. The specific needs of industries within the Waterbury-Shelton area likely play a significant role in setting these pay rates.

Executive Summary

  • Average Salary: $41,770 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $54,750.
  • Outlook: The Waterbury-Shelton, CT labor market for Freight, Stock, and Material Movers demonstrates a stable presence, with approximately 2,500 individuals employed in this sector. The Location Quotient of 0.81 indicates a concentration slightly below the national average, suggesting that while the role is present, it is not disproportionately dominant compared to other regions. This equilibrium points to a steady demand for these essential services within the local economy.
2024 Market Data

Salary Overview

$41,770

The average Laborers and Freight, Stock, and Material Movers, Hand in Waterbury-Shelton, CT earns+0.9%above the national average.

BreakdownBased on 40h/week
Hourly

$20.1

Weekly

$803

Monthly

$3,481

Laborers and Freight, Stock, and Material Movers, Hand Salary Distribution in Waterbury-Shelton, CT

Career progression for Laborers and Freight, Stock, and Material Movers, Hand typically involves a salary scale that increases with experience and responsibility. Entry-level positions might start at a lower percentile, while seasoned professionals with specialized skills or supervisory roles can command salaries in the higher percentiles. The gap between entry-level and senior compensation reflects the value placed on accumulated knowledge, efficiency, and leadership within the workforce.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$32,640$15.7
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$31,328$15.1
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$38,540$18.5
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$52,213$25.1
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$54,750$26.3

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

Relocation Context

Nominal Salary

$41,770

Gross Pay

Real Wage (Purchasing Power)

$41,770

Adjusted for COL (100)

The average annual salary of $41,770 in Waterbury-Shelton, CT aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a mover's salary in this area is equivalent to the national average, offering a balanced lifestyle without significant financial strain related to the cost of goods and services.

Job Market Context

2,500

Total Jobs

15.765

Per 1K Jobs

0.81

Location Quotient

Below Average

Waterbury-Shelton, CT has 0.81x 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 0.81, the Waterbury-Shelton, CT market for Laborers and Freight, Stock, and Material Movers, Hand is slightly less concentrated than the national average. This suggests a healthy, but not oversaturated, job market. While there is a solid base of employment, opportunities may arise from businesses seeking to fill specific logistical needs rather than from an overwhelming abundance of available positions.

Nearby Job Markets

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 Waterbury-Shelton, CT?

The median annual salary for a Laborers and Freight, Stock, and Material Movers, Hand in Waterbury-Shelton, CT is $41,770. This typically ranges from $32,640 for entry-level positions to $54,750 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Waterbury-Shelton, CT is 0.9% higher than the national median of $41,390.

Is Waterbury-Shelton, CT a lucrative place for Laborers and Freight, Stock, and Material Movers, Hands?

Yes, it offers competitive compensation.The average salary of $41,770 slightly exceeds the national average, and the cost of living is on par with the national average, indicating good earning potential.

Is Waterbury-Shelton, CT a good place to live for Laborers and Freight, Stock, and Material Movers, Hands?

The Cost of Living Index in Waterbury-Shelton, CT is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Waterbury-Shelton, CT?

Some top paying nearby cities include Connecticut nonmetropolitan area ($44,050) and New Haven, CT.

How does the local workforce size impact job availability?

A local workforce of 2,500 indicates a substantial number of individuals in this role, suggesting a consistent demand for their services within the Waterbury-Shelton economy.

What does a Location Quotient of 0.81 mean for job seekers?

A Location Quotient below 1.0 signifies that this profession is less concentrated in Waterbury-Shelton compared to the national average, potentially meaning fewer direct competitors for available roles.

How does the number of jobs per 1,000 workers compare nationally?

With 15.765 jobs per 1,000 workers, this metric provides a localized view of employment density for this role, helping to gauge the relative prevalence of these jobs within the area's overall employment landscape.

What is the significance of the Cost of Living Index being 100?

A Cost of Living Index of 100 means that Waterbury-Shelton's expenses for goods and services are exactly average when compared to the rest of the nation, making the $41,770 salary hold its value effectively.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,500 employees in the Waterbury-Shelton, CT area with a job density of 15.765 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.