Average Life, Physical, and Social Science Occupations Salary in Raleigh-Cary, NC
In Raleigh-Cary, NC, professionals in Life, Physical, and Social Science Occupations earn an average annual salary of $89,170. This figure is slightly below the national average of $91,840, a common occurrence in regions with a balanced cost of living. Local economic factors and industry demand within the Research Triangle Park area contribute to this specific compensation landscape.
Executive Summary
- Average Salary: $89,170 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $134,680.
- Outlook: The job market for Life, Physical, and Social Science Occupations in Raleigh-Cary, NC, appears robust, indicated by a substantial local workforce of 9,900 individuals. The Location Quotient of 1.46 suggests a higher concentration of these roles compared to the national average, signaling strong and potentially growing demand for specialized scientific talent within the region.
Salary Overview
The average Life, Physical, and Social Science Occupations in Raleigh-Cary, NC earns-2.9%below the national average.
$42.9
$1,715
$7,431
Life, Physical, and Social Science Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Life, Physical, and Social Science Occupations in Raleigh-Cary have experienced steady growth over the past four years, mirroring national trends. This upward trajectory is likely driven by increasing investment in research and development, technological advancements, and the expansion of related industries within the area.
Life, Physical, and Social Science Occupations Salary Distribution in Raleigh-Cary, NC
Career progression within Life, Physical, and Social Science Occupations in Raleigh-Cary typically sees a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior scientists and researchers, with specialized skills and extensive experience, can command salaries well into the higher percentiles, reflecting their expertise and contribution to complex projects.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $48,760 | $23.4 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $66,878 | $32.2 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $79,380 | $38.2 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $111,463 | $53.6 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $134,680 | $64.8 |
Detailed Life, Physical, and Social Science Occupations Market Analysis
Relocation Context
Nominal Salary
$89,170
Gross Pay
Real Wage (Purchasing Power)
$89,170
Adjusted for COL (100)
The average annual salary of $89,170 in Raleigh-Cary, NC, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of the salary is equivalent to the national standard, offering a stable financial environment for professionals considering a move to the area. Your earnings will likely cover expenses at a comparable rate to the rest of the country.
Job Market Context
9,900
Total Jobs
13.68
Per 1K Jobs
1.46
Location Quotient
With a location quotient of 1.46, Raleigh-Cary, NC has a slightly higher-than-average concentration of Life, Physical, and Social Science Occupations roles compared to the national norm.
With a Location Quotient of 1.46, Raleigh-Cary, NC, demonstrates a notable concentration of Life, Physical, and Social Science Occupations compared to the national benchmark. This indicates a competitive yet abundant market, suggesting that while there are many opportunities, the demand for skilled professionals in these fields is also significant, making it an attractive hub for scientific careers.
Nearby Job Markets
Nearby Cities for Life, Physical, and Social Science Occupations
| City | Salary | Dist. |
|---|---|---|
| Durham-Chapel Hill, NC Life, Physical, and Social Science Occupations Salary | $86,810↓ 3% | 18 mi |
| Rocky Mount, NC Life, Physical, and Social Science Occupations Salary | $73,930↓ 17% | 48 mi |
| Goldsboro, NC Life, Physical, and Social Science Occupations Salary | $74,470↓ 16% | 49 mi |
| Burlington, NC Life, Physical, and Social Science Occupations Salary | $79,560↓ 11% | 49 mi |
| Fayetteville, NC Life, Physical, and Social Science Occupations Salary | $83,190↓ 7% | 55 mi |
Comparing salaries near Raleigh-Cary, NC
Hiring Life, Physical, and Social Science Occupationss?
Frequently Asked Questions
How much does a Life, Physical, and Social Science Occupations make in Raleigh-Cary, NC?
The median annual salary for a Life, Physical, and Social Science Occupations in Raleigh-Cary, NC is $89,170. This typically ranges from $48,760 for entry-level positions to $134,680 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Raleigh-Cary, NC is 2.9% lower than the national median of $91,840.
Is Raleigh-Cary, NC a lucrative place for Life, Physical, and Social Science Occupationss?
Yes, with a balanced cost of living.While the average salary is slightly below the national average, the cost of living is also at the national average, making it financially comparable. The strong concentration of these roles (LQ of 1.46) indicates a healthy and active job market.
Is Raleigh-Cary, NC a good place to live for Life, Physical, and Social Science Occupations?
The Cost of Living Index in Raleigh-Cary, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Raleigh-Cary, NC?
Some top paying nearby cities include Durham-Chapel Hill, NC ($86,810) and Rocky Mount, NC.
How does the Raleigh-Cary salary compare to the national average?
The average annual salary for Life, Physical, and Social Science Occupations in Raleigh-Cary, NC, is $89,170, which is slightly lower than the national average of $91,840.
What is the significance of the Location Quotient (LQ) in Raleigh-Cary?
An LQ of 1.46 means that Life, Physical, and Social Science Occupations are 46% more concentrated in Raleigh-Cary than the national average, indicating a strong regional presence and demand for these roles.
How does the Cost of Living in Raleigh-Cary affect the salary?
With a Cost of Living Index of 100, Raleigh-Cary is on par with the national average. This means the $89,170 salary offers purchasing power equivalent to the national average, making it a stable financial environment.
What is the total workforce size for these science occupations in Raleigh-Cary?
There are approximately 9,900 individuals employed in Life, Physical, and Social Science Occupations within the Raleigh-Cary, NC area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 9,900 employees in the Raleigh-Cary, NC area with a job density of 13.68 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 Raleigh-Cary, NC