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Average Life, Physical, and Social Science Occupations Salary in Lexington-Fayette, KY

In Lexington-Fayette, KY, professionals in Life, Physical, and Social Science Occupations earn an average annual salary of $71,510. This figure is notably below the national average of $91,840, suggesting that local economic factors and industry demand play a significant role in compensation within this region.

Executive Summary

  • Average Salary: $71,510 per year.
  • Growth Trend: Salaries have shifted 22.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $110,440.
  • Outlook: The local workforce for Life, Physical, and Social Science Occupations in Lexington-Fayette, KY, comprises 2,470 individuals. With a Location Quotient of 0.93, the concentration of these roles is slightly below the national average, indicating a stable but not exceptionally concentrated job market.
2024 Market Data

Salary Overview

$71,510

The average Life, Physical, and Social Science Occupations in Lexington-Fayette, KY earns-22.1%below the national average.

BreakdownBased on 40h/week
Hourly

$34.4

Weekly

$1,375

Monthly

$5,959

Life, Physical, and Social Science Occupations Salary Distribution in Lexington-Fayette, KY

Career progression within Life, Physical, and Social Science Occupations in Lexington-Fayette, KY, typically sees a significant salary increase from entry-level to senior positions. The widening gap between lower and higher salary percentiles reflects the value placed on specialized skills, experience, and leadership responsibilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$42,070$20.2
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$53,633$25.8
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$62,800$30.2
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$89,388$43
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$110,440$53.1

Detailed Life, Physical, and Social Science Occupations Market Analysis

Relocation Context

Nominal Salary

$71,510

Gross Pay

Real Wage (Purchasing Power)

$71,510

Adjusted for COL (100)

The average annual salary of $71,510 in Lexington-Fayette, KY, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of this salary is equivalent to the national standard, offering a stable financial foundation for residents.

Job Market Context

2,470

Total Jobs

8.743

Per 1K Jobs

0.93

Location Quotient

Below Average

Lexington-Fayette, KY has 0.93x 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 0.93 for Life, Physical, and Social Science Occupations in Lexington-Fayette, KY, suggests that the presence of these jobs is nearly on par with the national average. This indicates a balanced job market where opportunities exist without being overwhelmingly saturated or scarce.

Nearby Job Markets

Frequently Asked Questions

How much does a Life, Physical, and Social Science Occupations make in Lexington-Fayette, KY?

The median annual salary for a Life, Physical, and Social Science Occupations in Lexington-Fayette, KY is $71,510. This typically ranges from $42,070 for entry-level positions to $110,440 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lexington-Fayette, KY is 22.1% lower than the national median of $91,840.

Is Lexington-Fayette, KY a lucrative place for Life, Physical, and Social Science Occupationss?

No, but it offers average purchasing power.While the average salary of $71,510 is below the national average, the local cost of living being exactly at the national average means your earnings hold their value comparably.

Is Lexington-Fayette, KY a good place to live for Life, Physical, and Social Science Occupations?

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 ($69,090) and South Central Kentucky nonmetropolitan area.

How does the Lexington-Fayette, KY salary compare to the national average?

The average salary for Life, Physical, and Social Science Occupations in Lexington-Fayette, KY, is $71,510, which is lower than the national average of $91,840.

What is the total number of workers in these occupations in Lexington-Fayette, KY?

There are approximately 2,470 individuals employed in Life, Physical, and Social Science Occupations in the Lexington-Fayette, KY area.

How concentrated are Life, Physical, and Social Science Occupations in Lexington-Fayette, KY?

The concentration, measured by the Location Quotient, is 0.93, indicating a presence that is slightly less than the national average.

Does the cost of living affect the value of the salary in Lexington-Fayette, KY?

No, the cost of living in Lexington-Fayette, KY, is exactly at the national average (100), meaning the $71,510 salary has the same purchasing power as it would nationally.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,470 employees in the Lexington-Fayette, KY area with a job density of 8.743 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.