Average Residential Advisors Salary in Baltimore-Columbia-Towson, MD
Residential Advisors in the Baltimore-Columbia-Towson, MD area earn an average annual salary of $43,010. This figure is notably higher than the national average of $41,320, suggesting that local market dynamics and demand contribute to a more favorable compensation package for these professionals in this region.
Executive Summary
- Average Salary: $43,010 per year.
- Growth Trend: Salaries have shifted 42.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $60,750.
- Outlook: The Baltimore-Columbia-Towson metropolitan area demonstrates a robust job market for Residential Advisors, evidenced by a total local workforce of 1,270 individuals. The Location Quotient of 1.76 indicates a significant concentration of these roles compared to the national average, signaling strong local demand and a potentially stable employment outlook for experienced professionals.
Salary Overview
The average Residential Advisors in Baltimore-Columbia-Towson, MD earns+4.1%above the national average.
$20.7
$827
$3,584
Residential Advisors Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Residential Advisors in the Baltimore-Columbia-Towson area have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for housing support services, and evolving industry standards likely contribute to this upward salary trajectory.
Residential Advisors Salary Distribution in Baltimore-Columbia-Towson, MD
Career progression for Residential Advisors typically involves a salary increase with accumulated experience. Entry-level positions may start closer to the lower end of the pay scale, while senior or lead Residential Advisors, with several years of experience and specialized skills, can command salaries significantly above the average. The percentile gaps in salary distribution highlight these opportunities for advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $31,200 | $15 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $32,258 | $15.5 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $38,290 | $18.4 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $53,763 | $25.8 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $60,750 | $29.2 |
Detailed Residential Advisors Market Analysis
Relocation Context
Nominal Salary
$43,010
Gross Pay
Real Wage (Purchasing Power)
$43,010
Adjusted for COL (100)
For professionals considering a move to Baltimore-Columbia-Towson, the average annual salary of $43,010 aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of a Residential Advisor's salary in this area is equivalent to the national average, offering a balanced lifestyle without the added financial strain of a higher cost of living.
Job Market Context
1,270
Total Jobs
0.946
Per 1K Jobs
1.76
Location Quotient
Baltimore-Columbia-Towson, MD has 1.8x the national concentration of Residential Advisors jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
The Location Quotient of 1.76 for Residential Advisors in Baltimore-Columbia-Towson signifies a market where these roles are more concentrated than the national average. This suggests a higher demand relative to the general workforce, potentially leading to more job openings and a competitive environment for employers seeking qualified candidates.
Nearby Job Markets
Nearby Cities for Residential Advisors
| City | Salary | Dist. |
|---|---|---|
| Maryland nonmetropolitan area Residential Advisors Salary | $49,760↑ 16% | 19 mi |
| Washington-Arlington-Alexandria, DC-VA-MD-WV Residential Advisors Salary | $46,080↑ 7% | 35 mi |
| York-Hanover, PA Residential Advisors Salary | $41,460↓ 4% | 47 mi |
| Lancaster, PA Residential Advisors Salary | $42,120↓ 2% | 55 mi |
Comparing salaries near Baltimore-Columbia-Towson, MD
Hiring Residential Advisorss?
Frequently Asked Questions
How much does a Residential Advisors make in Baltimore-Columbia-Towson, MD?
The median annual salary for a Residential Advisors in Baltimore-Columbia-Towson, MD is $43,010. This typically ranges from $31,200 for entry-level positions to $60,750 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Baltimore-Columbia-Towson, MD is 4.1% higher than the national median of $41,320.
Is Baltimore-Columbia-Towson, MD a lucrative place for Residential Advisors?
Yes, it offers competitive compensation.Residential Advisors in this area earn above the national average salary. Coupled with a cost of living that matches the national average, the nominal salary provides strong purchasing power.
Is Baltimore-Columbia-Towson, MD a good place to live for Residential Advisors?
The Cost of Living Index in Baltimore-Columbia-Towson, MD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Baltimore-Columbia-Towson, MD?
Some top paying nearby cities include Maryland nonmetropolitan area ($49,760) and Washington-Arlington-Alexandria, DC-VA-MD-WV.
How does the Baltimore-Columbia-Towson salary compare to the national average?
The average annual salary for Residential Advisors in Baltimore-Columbia-Towson is $43,010, which is higher than the national average of $41,320.
What is the concentration of Residential Advisors in Baltimore-Columbia-Towson?
The Location Quotient is 1.76, indicating that Residential Advisors are more concentrated in this area than the national average, suggesting higher local demand.
How does the cost of living affect the salary in Baltimore-Columbia-Towson?
The Cost of Living Index is 100, meaning it is the same as the national average. Therefore, the $43,010 salary has the same purchasing power as the national average salary.
What does the total local workforce number imply for Residential Advisors?
With 1,270 Residential Advisors in the local workforce, it indicates a substantial presence of this profession, contributing to the overall demand and job availability 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 1,270 employees in the Baltimore-Columbia-Towson, MD area with a job density of 0.946 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Residential Advisors • Data source: BLS OEWS 2024 •Jobs in Baltimore-Columbia-Towson, MD