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Average Life, Physical, and Social Science Occupations Salary in Florence, SC

In Florence, SC, professionals in Life, Physical, and Social Science Occupations can expect an average annual salary of $73,810. This figure is notably below the national average of $91,840, reflecting regional economic factors and potentially a different demand-supply dynamic for these specialized roles within the area. The local economic landscape and industry concentration play a significant role in shaping compensation for these scientific careers.

Executive Summary

  • Average Salary: $73,810 per year.
  • Growth Trend: Salaries have shifted 7.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $110,940.
  • Outlook: With a total local workforce of 650 individuals in Life, Physical, and Social Science Occupations, Florence, SC presents a modest but stable employment base. The location quotient of 0.78 suggests that while these professions are present, they are slightly less concentrated than the national average, indicating a market that is neither oversaturated nor exceptionally scarce. The rate of 7.281 jobs per 1,000 workers further contextualizes the presence of these roles within the broader Florence economy.
2024 Market Data

Salary Overview

$73,810

The average Life, Physical, and Social Science Occupations in Florence, SC earns-19.6%below the national average.

BreakdownBased on 40h/week
Hourly

$35.5

Weekly

$1,419

Monthly

$6,151

Life, Physical, and Social Science Occupations Salary Distribution in Florence, SC

Career progression in Life, Physical, and Social Science Occupations typically involves a significant salary increase from entry-level to senior positions. While specific percentile data for Florence is unavailable, the general trend sees substantial gains for experienced professionals who develop specialized skills and take on greater responsibilities. The gap between starting salaries and those earned by seasoned experts highlights the value placed on accumulated knowledge and proven track records in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$46,020$22.1
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$55,358$26.6
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$63,070$30.3
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$92,263$44.4
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$110,940$53.3

Detailed Life, Physical, and Social Science Occupations Market Analysis

Relocation Context

Nominal Salary

$73,810

Gross Pay

Real Wage (Purchasing Power)

$73,810

Adjusted for COL (100)

The average annual salary of $73,810 in Florence, SC aligns perfectly with the national average cost of living, indicated by an index of 100. This means that while the nominal salary is lower than the national average for these roles, the purchasing power of that income within Florence is equivalent to the national average. Therefore, the lower salary is effectively offset by the neutral cost of living, making the financial aspect of relocating or residing in Florence comparable to the national standard.

Job Market Context

650

Total Jobs

7.281

Per 1K Jobs

0.78

Location Quotient

Below Average

Florence, SC has 0.78x the national average concentration of Life, Physical, and Social Science Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A location quotient of 0.78 for Life, Physical, and Social Science Occupations in Florence, SC indicates that these roles are present in the local job market but are employed at a rate slightly lower than the national average. This suggests that while opportunities exist, the market is not as intensely focused on these scientific fields compared to other regions. It implies a moderate level of competition and a steady, rather than booming, demand for these professionals.

Nearby Job Markets

Frequently Asked Questions

How much does a Life, Physical, and Social Science Occupations make in Florence, SC?

The median annual salary for a Life, Physical, and Social Science Occupations in Florence, SC is $73,810. This typically ranges from $46,020 for entry-level positions to $110,940 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Florence, SC is 19.6% lower than the national median of $91,840.

Is Florence, SC a lucrative place for Life, Physical, and Social Science Occupationss?

No, not exceptionally lucrative compared to the national average.The average salary of $73,810 is below the national average of $91,840, although the cost of living is on par with the national average.

Is Florence, SC a good place to live for Life, Physical, and Social Science Occupations?

The Cost of Living Index in Florence, SC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Florence, SC?

Some top paying nearby cities include Sumter, SC ($81,290) and Myrtle Beach-Conway-North Myrtle Beach, SC.

How does the Florence, SC salary compare to the national average?

The average salary for Life, Physical, and Social Science Occupations in Florence, SC is $73,810, which is approximately 19.6% lower than the national average of $91,840.

What is the concentration of Life, Physical, and Social Science Occupations in Florence, SC?

The concentration, measured by the location quotient, is 0.78, indicating that these occupations are slightly less prevalent in Florence compared to the national average.

Does the cost of living in Florence, SC affect the salary's value?

No, the cost of living index is 100, which is the national average. This means the $73,810 salary has purchasing power equivalent to the national average, despite being lower than the national salary benchmark.

How many Life, Physical, and Social Science Occupations jobs are there per 1,000 workers in Florence, SC?

There are approximately 7.281 jobs per 1,000 workers in these scientific fields within Florence, SC.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 650 employees in the Florence, SC area with a job density of 7.281 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.