Average Life, Physical, and Social Science Occupations Salary in Kokomo, IN
In Kokomo, IN, professionals in Life, Physical, and Social Science Occupations can expect an average annual salary of $67,450. This figure is notably below the national average of $91,840, reflecting localized economic factors and industry demand specific to the Kokomo region. The pay differential underscores the importance of understanding regional market dynamics when assessing compensation.
Executive Summary
- Average Salary: $67,450 per year.
- Growth Trend: Salaries have shifted 21.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $97,280.
- Outlook: The job market for Life, Physical, and Social Science Occupations in Kokomo, IN, appears stable with a total local workforce of 200 individuals in this sector. The Location Quotient of 0.59 suggests that this field is less concentrated in Kokomo compared to the national average, indicating a moderate level of demand relative to the national landscape. While not a major hub, the presence of 5.505 jobs per 1,000 workers signifies a consistent, albeit not booming, employment base.
Salary Overview
The average Life, Physical, and Social Science Occupations in Kokomo, IN earns-26.6%below the national average.
$32.4
$1,297
$5,621
Life, Physical, and Social Science Occupations Salary Trends (2020-2024)
While specific historical data for Kokomo's Life, Physical, and Social Science Occupations is not provided, it's reasonable to assume a general trend of salary growth over the past four years, mirroring national patterns. Economic recovery and increased investment in scientific research and development typically drive up compensation in these fields. Therefore, professionals in Kokomo likely have seen incremental salary increases, aligning with broader industry advancements and inflation.
Life, Physical, and Social Science Occupations Salary Distribution in Kokomo, IN
Salary progression within Life, Physical, and Social Science Occupations in Kokomo, IN, typically scales with experience. Entry-level positions will likely command salaries at the lower end of the spectrum, while senior scientists and researchers with specialized skills and extensive experience can expect significantly higher compensation. The percentile gaps in salary distribution, though not detailed here, would signify the potential for substantial career advancement and earning potential for those who invest in their professional development.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $46,050 | $22.1 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $50,588 | $24.3 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $62,730 | $30.2 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $84,313 | $40.5 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $97,280 | $46.8 |
Detailed Life, Physical, and Social Science Occupations Market Analysis
Relocation Context
Nominal Salary
$67,450
Gross Pay
Real Wage (Purchasing Power)
$67,450
Adjusted for COL (100)
The average annual salary of $67,450 in Kokomo, IN, aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that salary is equivalent to the national average. Therefore, relocating to Kokomo for these roles does not present a significant advantage or disadvantage in terms of cost of living relative to income.
Job Market Context
200
Total Jobs
5.505
Per 1K Jobs
0.59
Location Quotient
Kokomo, IN has 0.59x 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.
With a Location Quotient of 0.59, the market for Life, Physical, and Social Science Occupations in Kokomo, IN, is less concentrated than the national average. This suggests that while opportunities exist, the field is not a dominant industry in the region, and the talent pool may be less competitive compared to major metropolitan areas. Employers might find it easier to attract talent locally, but specialized roles could still require broader recruitment efforts.
Nearby Job Markets
Nearby Cities for Life, Physical, and Social Science Occupations
Comparing salaries near Kokomo, IN
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Frequently Asked Questions
How much does a Life, Physical, and Social Science Occupations make in Kokomo, IN?
The median annual salary for a Life, Physical, and Social Science Occupations in Kokomo, IN is $67,450. This typically ranges from $46,050 for entry-level positions to $97,280 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kokomo, IN is 26.6% lower than the national median of $91,840.
Is Kokomo, IN a lucrative place for Life, Physical, and Social Science Occupationss?
No, not particularly lucrative compared to the national average.The average salary of $67,450 is significantly lower than the national average of $91,840. However, the cost of living is also at the national average, meaning the lower salary has equivalent purchasing power locally.
Is Kokomo, IN a good place to live for Life, Physical, and Social Science Occupations?
The Cost of Living Index in Kokomo, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Kokomo, IN?
Some top paying nearby cities include Lafayette-West Lafayette, IN ($70,540) and Muncie, IN.
How does Kokomo's salary for these roles compare to the national average?
The average annual salary in Kokomo, IN, is $67,450, which is considerably lower than the national average of $91,840 for Life, Physical, and Social Science Occupations.
What is the concentration of Life, Physical, and Social Science Occupations jobs in Kokomo?
The concentration, measured by the Location Quotient, is 0.59, indicating that these occupations are less prevalent in Kokomo compared to the national average.
Does the Cost of Living in Kokomo affect the value of the salary?
No, the Cost of Living Index in Kokomo is 100, which is the national average. This means the $67,450 salary has the same purchasing power in Kokomo as the national average salary would have nationally.
How many Life, Physical, and Social Science Occupations jobs are there in Kokomo?
There are approximately 5.505 jobs per 1,000 workers in Life, Physical, and Social Science Occupations in Kokomo, with a total local workforce of 200 in this sector.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Kokomo, IN area with a job density of 5.505 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Life, Physical, and Social Science Occupations • Data source: BLS OEWS 2024 •Jobs in Kokomo, IN