Average Residential Advisors Salary in Charlotte-Concord-Gastonia, NC-SC
In Charlotte-Concord-Gastonia, NC-SC, Residential Advisors earn an average annual salary of $39,320. This figure is slightly below the national average of $41,320, indicating a localized compensation trend. Factors such as the regional economic landscape and the specific demand within the local housing and support services sector likely contribute to this pay differential.
Executive Summary
- Average Salary: $39,320 per year.
- Growth Trend: Salaries have shifted 18.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $55,640.
- Outlook: The local job market for Residential Advisors in Charlotte-Concord-Gastonia, NC-SC, shows a moderate presence. With a total local workforce of 610 individuals in this role, and a Location Quotient of 0.85, the concentration of these positions is slightly below the national average. This suggests a stable, though not exceptionally high, demand for Residential Advisors within the region.
Salary Overview
The average Residential Advisors in Charlotte-Concord-Gastonia, NC-SC earns-4.8%below the national average.
$18.9
$756
$3,277
Residential Advisors Salary Trends (2020-2024)
While specific historical data for this role in Charlotte-Concord-Gastonia is not provided, it is generally assumed that salaries for Residential Advisors, like many professions, have experienced incremental growth over the past four years. This growth is typically driven by inflation, increased demand for services, and evolving responsibilities within the role.
Residential Advisors Salary Distribution in Charlotte-Concord-Gastonia, NC-SC
Salary progression for Residential Advisors typically correlates with experience. Entry-level positions often start at the lower end of the pay scale, while senior or lead Residential Advisors, with several years of experience and demonstrated leadership skills, can command significantly higher salaries. The percentile gaps in earnings reflect these opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $23,650 | $11.4 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $29,490 | $14.2 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $37,620 | $18.1 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $49,150 | $23.6 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $55,640 | $26.8 |
Detailed Residential Advisors Market Analysis
Relocation Context
Nominal Salary
$39,320
Gross Pay
Real Wage (Purchasing Power)
$39,320
Adjusted for COL (100)
The average annual salary of $39,320 in Charlotte-Concord-Gastonia, NC-SC, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of a Residential Advisor's salary in this area is comparable to the national standard, suggesting that the cost of essential goods and services is neither a significant advantage nor a disadvantage when considering relocation.
Job Market Context
610
Total Jobs
0.456
Per 1K Jobs
0.85
Location Quotient
Charlotte-Concord-Gastonia, NC-SC has 0.85x the national average concentration of Residential Advisors jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.85 for Residential Advisors in Charlotte-Concord-Gastonia, NC-SC, indicates that the job market is slightly less concentrated than the national average. This suggests that while the role is present and necessary, it may not be a primary industry driver, and competition for positions could be moderate.
Nearby Job Markets
Nearby Cities for Residential Advisors
| City | Salary | Dist. |
|---|---|---|
| Hickory-Lenoir-Morganton, NC Residential Advisors Salary | $32,460↓ 17% | 45 mi |
| Spartanburg, SC Residential Advisors Salary | $45,250↑ 15% | 64 mi |
| Eastern North Carolina nonmetropolitan area Residential Advisors Salary | $34,270↓ 13% | 65 mi |
| Western North Carolina nonmetropolitan area Residential Advisors Salary | $37,420↓ 5% | 65 mi |
| Central North Carolina nonmetropolitan area Residential Advisors Salary | $36,540↓ 7% | 65 mi |
Comparing salaries near Charlotte-Concord-Gastonia, NC-SC
Hiring Residential Advisorss?
Frequently Asked Questions
How much does a Residential Advisors make in Charlotte-Concord-Gastonia, NC-SC?
The median annual salary for a Residential Advisors in Charlotte-Concord-Gastonia, NC-SC is $39,320. This typically ranges from $23,650 for entry-level positions to $55,640 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Charlotte-Concord-Gastonia, NC-SC is 4.8% lower than the national median of $41,320.
Is Charlotte-Concord-Gastonia, NC-SC a lucrative place for Residential Advisorss?
No, not exceptionally lucrative.The average salary is slightly below the national average, and the job market concentration is also below the national benchmark.
Is Charlotte-Concord-Gastonia, NC-SC a good place to live for Residential Advisors?
The Cost of Living Index in Charlotte-Concord-Gastonia, NC-SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Charlotte-Concord-Gastonia, NC-SC?
Some top paying nearby cities include Hickory-Lenoir-Morganton, NC ($32,460) and Spartanburg, SC.
How does the local salary compare to the national average?
The average annual salary for Residential Advisors in Charlotte-Concord-Gastonia, NC-SC is $39,320, which is approximately $2,000 less than the national average of $41,320.
What is the Cost of Living in Charlotte-Concord-Gastonia, NC-SC?
The Cost of Living Index for Charlotte-Concord-Gastonia, NC-SC is 100, which is exactly the national average.
How concentrated is the job market for Residential Advisors in this area?
The Location Quotient of 0.85 suggests that the concentration of Residential Advisors jobs in Charlotte-Concord-Gastonia, NC-SC is slightly lower than the national average.
What does the number of jobs per 1,000 workers indicate?
With 0.456 jobs per 1,000 workers, this metric shows the relative prevalence of Residential Advisor roles within the broader local workforce, indicating a niche but present employment opportunity.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 610 employees in the Charlotte-Concord-Gastonia, NC-SC area with a job density of 0.456 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 Charlotte-Concord-Gastonia, NC-SC