Average Reinforcing Iron and Rebar Workers Salary in New York-Newark-Jersey City, NY-NJ
Reinforcing Iron and Rebar Workers in the New York-Newark-Jersey City, NY-NJ metropolitan area earn a substantial average annual salary of $84,460. This figure significantly surpasses the national average of $62,640, indicating a strong demand and higher compensation for skilled labor in this region. The robust construction sector and the specific needs of urban infrastructure projects likely contribute to this elevated pay scale.
Executive Summary
- Average Salary: $84,460 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $98,800.
- Outlook: The local workforce for Reinforcing Iron and Rebar Workers in New York-Newark-Jersey City stands at 880 individuals. With a Location Quotient of 1.03, the concentration of these workers is slightly above the national average, suggesting a stable and consistent demand for their specialized skills within the region's thriving construction industry.
Salary Overview
The average Reinforcing Iron and Rebar Workers in New York-Newark-Jersey City, NY-NJ earns+34.8%above the national average.
$40.6
$1,624
$7,038
Reinforcing Iron and Rebar Workers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Reinforcing Iron and Rebar Workers in the New York-Newark-Jersey City area have experienced steady growth over the past four years. This trend is generally consistent with the overall economic expansion and increased infrastructure development often seen in major metropolitan hubs, leading to upward pressure on wages.
Reinforcing Iron and Rebar Workers Salary Distribution in New York-Newark-Jersey City, NY-NJ
Career progression for Reinforcing Iron and Rebar Workers typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive expertise and supervisory roles can command salaries in the higher percentiles. The widening gap between entry-level and senior roles clearly signifies substantial career advancement opportunities and corresponding earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $53,290 | $25.6 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $63,345 | $30.5 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $92,980 | $44.7 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $105,575 | $50.8 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $98,800 | $47.5 |
Detailed Reinforcing Iron and Rebar Workers Market Analysis
Relocation Context
Nominal Salary
$84,460
Gross Pay
Real Wage (Purchasing Power)
$84,460
Adjusted for COL (100)
The average annual salary of $84,460 for Reinforcing Iron and Rebar Workers in New York-Newark-Jersey City aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that while the nominal salary is considerably higher than the national average, the purchasing power of that salary is equivalent to the national standard, offering a balanced financial outlook for those in the profession.
Job Market Context
880
Total Jobs
0.094
Per 1K Jobs
1.03
Location Quotient
With a location quotient of 1.03, New York-Newark-Jersey City, NY-NJ has a slightly higher-than-average concentration of Reinforcing Iron and Rebar Workers roles compared to the national norm.
A Location Quotient of 1.03 for Reinforcing Iron and Rebar Workers in New York-Newark-Jersey City indicates a job market that is slightly more concentrated than the national average. This suggests a healthy and active demand for these professionals, with the local market being marginally more reliant on this specific skill set compared to the rest of the country.
Nearby Job Markets
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Frequently Asked Questions
How much does a Reinforcing Iron and Rebar Workers make in New York-Newark-Jersey City, NY-NJ?
The median annual salary for a Reinforcing Iron and Rebar Workers in New York-Newark-Jersey City, NY-NJ is $84,460. This typically ranges from $53,290 for entry-level positions to $98,800 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New York-Newark-Jersey City, NY-NJ is 34.8% higher than the national median of $62,640.
Is New York-Newark-Jersey City, NY-NJ a lucrative place for Reinforcing Iron and Rebar Workers?
Yes, it is a lucrative location.The average salary of $84,460 is significantly higher than the national average, and the cost of living is at the national average, making it financially advantageous.
Is New York-Newark-Jersey City, NY-NJ a good place to live for Reinforcing Iron and Rebar Workers?
The Cost of Living Index in New York-Newark-Jersey City, NY-NJ is 100. While higher than average, this often correlates with higher wages.
How does the local workforce size impact job availability?
A local workforce of 880 suggests a substantial pool of skilled workers, indicating a mature market where consistent demand is met by a dedicated labor force.
What is the significance of the 'Jobs per 1,000 Workers' metric?
The 0.094 jobs per 1,000 workers metric indicates the relative prevalence of Reinforcing Iron and Rebar Worker positions within the broader local employment landscape.
How does experience affect salary for Reinforcing Iron and Rebar Workers in this area?
Experienced workers typically earn considerably more than entry-level individuals, with higher percentiles reflecting advanced skills and responsibilities.
Is the demand for Reinforcing Iron and Rebar Workers stable in New York-Newark-Jersey City?
The Location Quotient of 1.03 suggests a stable to slightly above-average demand, implying consistent opportunities for skilled professionals in the region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 880 employees in the New York-Newark-Jersey City, NY-NJ area with a job density of 0.094 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Reinforcing Iron and Rebar Workers • Data source: BLS OEWS 2024 •Jobs in New York-Newark-Jersey City, NY-NJ