SalaryNode

Average Residential Advisors Salary in Boston-Cambridge-Newton, MA-NH

Residential Advisors in the Boston-Cambridge-Newton, MA-NH area earn an impressive average annual salary of $49,670. This figure significantly surpasses the national average of $41,320, indicating a robust local demand for these professionals. The higher compensation is likely driven by the region's dynamic economic landscape and the specialized needs of its institutions.

Executive Summary

  • Average Salary: $49,670 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $63,480.
  • Outlook: The local job market for Residential Advisors in Boston-Cambridge-Newton appears robust, with a total workforce of 2,520 individuals. The Location Quotient of 1.73 suggests a concentration of these roles nearly double the national average, signaling strong and sustained demand within the region.
2024 Market Data

Salary Overview

$49,670

The average Residential Advisors in Boston-Cambridge-Newton, MA-NH earns+20.2%above the national average.

BreakdownBased on 40h/week
Hourly

$23.9

Weekly

$955

Monthly

$4,139

Residential Advisors Salary Distribution in Boston-Cambridge-Newton, MA-NH

Salary progression for Residential Advisors typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior or specialized roles command higher salaries. The percentile gaps in compensation clearly signify career progression opportunities and the value placed on accumulated expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$38,310$18.4
ExperiencedProficient professional working independently.25% (Junior)$37,253$17.9
Mid-LevelEstablished expert. Standard market value.50% (Median)$47,340$22.8
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$62,088$29.8
Top TierIndustry leader / Executive level compensation.90% (Expert)$63,480$30.5

Detailed Residential Advisors Market Analysis

Relocation Context

Nominal Salary

$49,670

Gross Pay

Real Wage (Purchasing Power)

$49,670

Adjusted for COL (100)

With a Cost of Living Index at the national average of 100, the nominal salary of $49,670 for Residential Advisors in Boston-Cambridge-Newton holds its purchasing power effectively. This means that while the salary is above the national average, the cost of essential goods and services remains comparable, offering a balanced financial outlook for residents.

Job Market Context

2,520

Total Jobs

0.932

Per 1K Jobs

1.73

Location Quotient

Major Hub

Boston-Cambridge-Newton, MA-NH has 1.7x 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 1.73 for Residential Advisors in Boston-Cambridge-Newton highlights a significantly higher concentration of these roles compared to the national average. This suggests a competitive yet abundant job market, where employers actively seek qualified candidates, and professionals have ample opportunities within the area.

Nearby Job Markets

Nearby Cities for Residential Advisors

Comparing salaries near Boston-Cambridge-Newton, MA-NH

Hiring Residential Advisorss?

Frequently Asked Questions

How much does a Residential Advisors make in Boston-Cambridge-Newton, MA-NH?

The median annual salary for a Residential Advisors in Boston-Cambridge-Newton, MA-NH is $49,670. This typically ranges from $38,310 for entry-level positions to $63,480 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Boston-Cambridge-Newton, MA-NH is 20.2% higher than the national median of $41,320.

Is Boston-Cambridge-Newton, MA-NH a lucrative place for Residential Advisors?

Yes, it is a lucrative place for Residential Advisors.The average salary of $49,670 is substantially higher than the national average, and the cost of living is on par with the national average, making it financially advantageous.

Is Boston-Cambridge-Newton, MA-NH a good place to live for Residential Advisors?

The Cost of Living Index in Boston-Cambridge-Newton, MA-NH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Boston-Cambridge-Newton, MA-NH?

Some top paying nearby cities include Worcester, MA ($46,580) and Providence-Warwick, RI-MA.

How does the Boston-Cambridge-Newton salary compare to the national average?

Residential Advisors in Boston-Cambridge-Newton earn an average of $49,670 annually, which is over $8,000 more than the national average of $41,320.

What is the concentration of Residential Advisors in this area?

The Location Quotient of 1.73 indicates that Residential Advisors are nearly twice as concentrated in Boston-Cambridge-Newton compared to the national average.

How does the cost of living affect the salary?

The cost of living in Boston-Cambridge-Newton is exactly at the national average (100), meaning the higher salary translates directly to better purchasing power without being offset by inflated expenses.

What does the job market look like for Residential Advisors in this region?

With a significant concentration and a substantial local workforce, the job market is robust, suggesting strong demand and numerous employment opportunities for Residential Advisors.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,520 employees in the Boston-Cambridge-Newton, MA-NH area with a job density of 0.932 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.