Average Residential Advisors Salary in Central North Carolina nonmetropolitan area
In the Central North Carolina nonmetropolitan area, Residential Advisors earn an average annual salary of $36,540. This figure is notably below the national average of $41,320, suggesting that regional economic factors and potentially lower demand contribute to this pay differential. The specific economic landscape of this nonmetropolitan region plays a significant role in shaping compensation for this role.
Executive Summary
- Average Salary: $36,540 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $51,250.
- Outlook: The job market for Residential Advisors in Central North Carolina's nonmetropolitan areas appears to be moderately concentrated, with a total local workforce of 260 individuals in this role. The Location Quotient of 2.02 indicates a concentration nearly double the national average, suggesting a specialized demand or a smaller overall job market where this role is more prominent relative to other professions.
Salary Overview
The average Residential Advisors in Central North Carolina nonmetropolitan area earns-11.6%below the national average.
$17.6
$703
$3,045
Residential Advisors Salary Trends (2020-2024)
While specific historical data for this precise region isn't provided, it's reasonable to assume that salaries for Residential Advisors in Central North Carolina have experienced gradual growth over the past four years, mirroring general trends in the labor market. Economic shifts and inflation typically drive modest annual increases, ensuring that compensation attempts to keep pace with the cost of living and evolving job requirements.
Residential Advisors Salary Distribution in Central North Carolina nonmetropolitan area
Career progression for Residential Advisors typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries well above the average. The percentile gaps in earnings clearly signify the financial rewards associated with advancing through the ranks and accumulating expertise in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $21,290 | $10.2 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $27,405 | $13.2 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $36,170 | $17.4 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $45,675 | $22 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $51,250 | $24.6 |
Detailed Residential Advisors Market Analysis
Relocation Context
Nominal Salary
$36,540
Gross Pay
Real Wage (Purchasing Power)
$36,540
Adjusted for COL (100)
The nominal average annual salary of $36,540 in Central North Carolina's nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that while the salary is lower than the national average, the purchasing power of that income is effectively equivalent to the national average, as the cost of goods and services locally is not higher than the national benchmark.
Job Market Context
260
Total Jobs
1.082
Per 1K Jobs
2.02
Location Quotient
Central North Carolina nonmetropolitan area has 2.0x 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.
A Location Quotient of 2.02 for Residential Advisors in this Central North Carolina nonmetropolitan area signifies a substantial concentration of these roles compared to the national average. This suggests that the job market here is relatively more specialized or that the overall employment landscape is smaller, making this profession a more prominent component of the local economy than it is nationally.
Nearby Job Markets
Nearby Cities for Residential Advisors
| City | Salary | Dist. |
|---|---|---|
| Greensboro-High Point, NC Residential Advisors Salary | $36,860↑ 1% | 32 mi |
| Burlington, NC Residential Advisors Salary | $35,480↓ 3% | 36 mi |
| Winston-Salem, NC Residential Advisors Salary | $37,690↑ 3% | 41 mi |
| Durham-Chapel Hill, NC Residential Advisors Salary | $44,290↑ 21% | 56 mi |
Comparing salaries near Central North Carolina nonmetropolitan area
Hiring Residential Advisorss?
Frequently Asked Questions
How much does a Residential Advisors make in Central North Carolina nonmetropolitan area?
The median annual salary for a Residential Advisors in Central North Carolina nonmetropolitan area is $36,540. This typically ranges from $21,290 for entry-level positions to $51,250 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Central North Carolina nonmetropolitan area is 11.6% lower than the national median of $41,320.
Is Central North Carolina nonmetropolitan area a lucrative place for Residential Advisors?
No, not particularly lucrative compared to the national average.The average salary of $36,540 is significantly lower than the national average of $41,320. However, the cost of living is also at the national average, meaning the lower salary has equivalent purchasing power locally.
Is Central North Carolina nonmetropolitan area a good place to live for Residential Advisors?
The Cost of Living Index in Central North Carolina nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Central North Carolina nonmetropolitan area?
Some top paying nearby cities include Greensboro-High Point, NC ($36,860) and Burlington, NC.
How does the local workforce size affect Residential Advisor jobs?
With a total local workforce of 260 Residential Advisors, the market is relatively small, but the high Location Quotient suggests a specialized demand within this community.
What does a Location Quotient of 2.02 mean for job seekers?
A Location Quotient of 2.02 indicates that Residential Advisors are more concentrated in this area than the national average, potentially meaning more opportunities relative to other jobs, but also possibly higher competition for specialized roles.
How does the Cost of Living Index impact the salary's real value?
With a Cost of Living Index of 100, the $36,540 salary has the same purchasing power as the national average salary in a national average cost of living area.
Are there significant salary differences based on experience for Residential Advisors in this region?
Yes, as with most professions, experience is a key driver of salary. Senior Residential Advisors typically earn considerably more than entry-level staff, reflecting their accumulated skills and responsibilities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 260 employees in the Central North Carolina nonmetropolitan area area with a job density of 1.082 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Residential Advisors Salaries by State
Top Jobs in Central North Carolina nonmetropolitan area
- All Occupations Salary in Central North Carolina nonmetropolitan area
- Production Occupations Salary in Central North Carolina nonmetropolitan area
- Transportation and Material Moving Occupations Salary in Central North Carolina nonmetropolitan area
- Office and Administrative Support Occupations Salary in Central North Carolina nonmetropolitan area
- Educational Instruction and Library Occupations Salary in Central North Carolina nonmetropolitan area
- Sales and Related Occupations Salary in Central North Carolina nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in Central North Carolina nonmetropolitan area
- Healthcare Practitioners and Technical Occupations Salary in Central North Carolina nonmetropolitan area
- Healthcare Support Occupations Salary in Central North Carolina nonmetropolitan area
- Installation, Maintenance, and Repair Occupations Salary in Central North Carolina nonmetropolitan area
- Browse All Jobs in Central North Carolina nonmetropolitan area →
Semantic Salary Analysis for Residential Advisors • Data source: BLS OEWS 2024 •Jobs in Central North Carolina nonmetropolitan area