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Average Residential Advisors Salary in Central Indiana nonmetropolitan area

The average salary for a Residential Advisors in Central Indiana nonmetropolitan area is $38,180. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $38,180 per year.
  • Growth Trend: Salaries have shifted 23.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $57,990.
  • Outlook: The current demand for Residential Advisorss is stable, with a local workforce of approximately 90 professionals. This role remains a specialized component of the broader Central Indiana nonmetropolitan area economy.
2024 Market Data

Salary Overview

$38,180

The average Residential Advisors in Central Indiana nonmetropolitan area earns-7.6%below the national average.

BreakdownBased on 40h/week
Hourly

$18.4

Weekly

$734

Monthly

$3,182

Residential Advisors Salary Distribution in Central Indiana nonmetropolitan area

The earning potential for Residential Advisorss in Central Indiana nonmetropolitan area varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $26,050, while highly experienced professionals can command wages upwards of $57,990.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$26,050$12.5
ExperiencedProficient professional working independently.25% (Junior)$28,635$13.8
Mid-LevelEstablished expert. Standard market value.50% (Median)$36,290$17.4
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$47,725$22.9
Top TierIndustry leader / Executive level compensation.90% (Expert)$57,990$27.9

Detailed Residential Advisors Market Analysis

Relocation Context

Nominal Salary

$38,180

Gross Pay

Real Wage (Purchasing Power)

$38,180

Adjusted for COL (100)

In Central Indiana nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $38,180 to $38,180.

Job Market Context

90

Total Jobs

0.566

Per 1K Jobs

1.05

Location Quotient

Above Average

With a location quotient of 1.05, Central Indiana nonmetropolitan area has a slightly higher-than-average concentration of Residential Advisors roles compared to the national norm.

90 people work as Residential Advisors in Central Indiana nonmetropolitan area.

Only 0.566 out of every 1,000 local jobs are Residential Advisors roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Residential Advisors

Comparing salaries near Central Indiana nonmetropolitan area

Hiring Residential Advisorss?

Frequently Asked Questions

How much does a Residential Advisors make in Central Indiana nonmetropolitan area?

The median annual salary for a Residential Advisors in Central Indiana nonmetropolitan area is $38,180. This typically ranges from $26,050 for entry-level positions to $57,990 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Central Indiana nonmetropolitan area is 7.6% lower than the national median of $41,320.

Is Central Indiana nonmetropolitan area a good place for Residential Advisorss?

It depends on your priorities. While the average Residential Advisors salary in Central Indiana nonmetropolitan area is $38,180 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Central Indiana nonmetropolitan area. See distinct detailed breakdown below.

Is Central Indiana nonmetropolitan area a good place to live for Residential Advisors?

The Cost of Living Index in Central Indiana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Central Indiana nonmetropolitan area?

Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($40,920) and Bloomington, IN.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 90 employees in the Central Indiana nonmetropolitan area area with a job density of 0.566 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.