SalaryNode

Average Protective Service Occupations Salary in Waco, TX

In Waco, TX, professionals in Protective Service Occupations earn an average annual salary of $56,460. This figure significantly surpasses the national average of $43,820, indicating a strong local demand or a unique market dynamic at play. Factors such as the specific needs of the Waco community and the local economic landscape likely contribute to this elevated compensation.

Executive Summary

  • Average Salary: $56,460 per year.
  • Growth Trend: Salaries have shifted 9.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $91,490.
  • Outlook: Waco, TX hosts a substantial workforce of 2,800 individuals within Protective Service Occupations. With a Location Quotient of 0.91, the concentration of these roles is nearly on par with the national average, suggesting a stable and established presence in the local job market. The presence of 21.52 jobs per 1,000 workers further underscores the consistent demand for these essential services within the region.
2024 Market Data

Salary Overview

$56,460

The average Protective Service Occupations in Waco, TX earns+28.8%above the national average.

BreakdownBased on 40h/week
Hourly

$27.2

Weekly

$1,086

Monthly

$4,705

Protective Service Occupations Salary Distribution in Waco, TX

Career progression within Protective Service Occupations in Waco, TX, is typically marked by increasing earning potential. Entry-level positions may start closer to the lower end of the salary spectrum, while seasoned professionals with specialized skills and extensive experience can command significantly higher salaries. The percentile gaps in earnings clearly signify opportunities for advancement and greater financial rewards as one climbs the career ladder.

Experience LevelMarket PercentileAnnual WageHourly Rate
Cadet / RecruitAcademy training and probationary period.10% (Entry)$28,790$13.8
OfficerPatrol duties, handling standard calls.25% (Junior)$42,345$20.4
Senior OfficerField training officer, specialized unit.50% (Median)$49,660$23.9
Sergeant / Lt.Shift supervisor, squad leader.75% (Senior)$70,575$33.9
Captain / ChiefDepartment command and administration.90% (Expert)$91,490$44

Detailed Protective Service Occupations Market Analysis

Relocation Context

Nominal Salary

$56,460

Gross Pay

Real Wage (Purchasing Power)

$56,460

Adjusted for COL (100)

The average annual salary of $56,460 in Waco, TX, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Protective Service professional's income in Waco is equivalent to the national standard, offering a stable financial footing for residents.

Job Market Context

2,800

Total Jobs

21.52

Per 1K Jobs

0.91

Location Quotient

Below Average

Waco, TX has 0.91x the national average concentration of Protective Service 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 0.91 for Protective Service Occupations in Waco, TX, indicates that the industry's presence is slightly below the national average in terms of concentration relative to the overall workforce. This suggests a moderately competitive market where demand is present but not overwhelmingly saturated, offering potential opportunities for skilled individuals.

Nearby Job Markets

Frequently Asked Questions

How much does a Protective Service Occupations make in Waco, TX?

The median annual salary for a Protective Service Occupations in Waco, TX is $56,460. This typically ranges from $28,790 for entry-level positions to $91,490 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Waco, TX is 28.8% higher than the national median of $43,820.

Is Waco, TX a lucrative place for Protective Service Occupationss?

Yes, Waco, TX offers a lucrative environment for Protective Service Occupations.The average salary of $56,460 significantly exceeds the national average, and the cost of living is exactly at the national average, providing strong purchasing power.

Is Waco, TX a good place to live for Protective Service Occupations?

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

Where are the highest paying cities near Waco, TX?

Some top paying nearby cities include North Region of Texas nonmetropolitan area ($52,910) and Northwestern Region of Texas nonmetropolitan area.

How does Waco's Protective Service salary compare to the national average?

Protective Service Occupations in Waco, TX, earn an average of $56,460 annually, which is considerably higher than the national average of $43,820.

What is the concentration of Protective Service jobs in Waco, TX?

The concentration of Protective Service jobs in Waco, TX, is indicated by a Location Quotient of 0.91, meaning it is slightly below the national average concentration.

How does the cost of living in Waco affect the salary?

Waco's Cost of Living Index is 100, matching the national average. This means the $56,460 salary in Waco has the same purchasing power as the national average salary.

What is the size of the Protective Service workforce in Waco, TX?

Waco, TX has a total local workforce of 2,800 individuals employed in Protective Service Occupations.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,800 employees in the Waco, TX area with a job density of 21.52 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.