Average Residential Advisors Salary in Chattanooga, TN-GA
Residential Advisors in Chattanooga, TN-GA earn an average annual salary of $31,880, which is notably below the national average of $41,320. This disparity is often influenced by local economic factors, industry demand, and the specific cost of living within the region, which in Chattanooga's case, aligns perfectly with the national benchmark.
Executive Summary
- Average Salary: $31,880 per year.
- Growth Trend: Salaries have shifted 44.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $41,550.
- Outlook: The job market for Residential Advisors in Chattanooga, TN-GA appears to have a moderate level of concentration, indicated by a Location Quotient of 1.43, suggesting a slightly higher presence of these roles compared to the national average. With a total local workforce of 210, the demand, while present, is not overwhelmingly saturated, offering a stable environment for professionals in this field.
Salary Overview
The average Residential Advisors in Chattanooga, TN-GA earns-22.8%below the national average.
$15.3
$613
$2,657
Residential Advisors Salary Trends (2020-2024)
While specific historical data for Residential Advisor salary growth in Chattanooga is not provided, it's reasonable to assume a general upward trend in compensation over the past four years, mirroring national economic patterns and inflation adjustments. This suggests that the nominal salary figures have likely seen incremental increases, reflecting evolving market demands and the need to retain skilled professionals.
Residential Advisors Salary Distribution in Chattanooga, TN-GA
Career progression for Residential Advisors typically sees a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior or lead advisor roles, commanding greater responsibility and expertise, can push earnings considerably higher. The percentile gaps in salary distribution highlight these opportunities for advancement and increased earning potential within the profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $26,760 | $12.9 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $23,910 | $11.5 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $29,700 | $14.3 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $39,850 | $19.2 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $41,550 | $20 |
Detailed Residential Advisors Market Analysis
Relocation Context
Nominal Salary
$31,880
Gross Pay
Real Wage (Purchasing Power)
$31,880
Adjusted for COL (100)
The average annual salary of $31,880 for Residential Advisors in Chattanooga, TN-GA is positioned against a Cost of Living Index of 100, which is precisely the national average. This means that while the nominal salary is lower than the national average, the purchasing power of that income locally is equivalent to the national standard, making the take-home pay's real value comparable.
Job Market Context
210
Total Jobs
0.768
Per 1K Jobs
1.43
Location Quotient
With a location quotient of 1.43, Chattanooga, TN-GA has a slightly higher-than-average concentration of Residential Advisors roles compared to the national norm.
A Location Quotient of 1.43 for Residential Advisors in Chattanooga, TN-GA indicates a concentration of these jobs that is 43% higher than the national average. This suggests a relatively robust local market for this profession, implying that employers may actively seek out individuals with these skills, potentially leading to more opportunities and competitive hiring practices within the region.
Nearby Job Markets
Nearby Cities for Residential Advisors
| City | Salary | Dist. |
|---|---|---|
| Cleveland, TN Residential Advisors Salary | $32,290↑ 1% | 23 mi |
| Huntsville, AL Residential Advisors Salary | $28,860↓ 9% | 83 mi |
| Gadsden, AL Residential Advisors Salary | $26,760↓ 16% | 85 mi |
Comparing salaries near Chattanooga, TN-GA
Hiring Residential Advisorss?
Frequently Asked Questions
How much does a Residential Advisors make in Chattanooga, TN-GA?
The median annual salary for a Residential Advisors in Chattanooga, TN-GA is $31,880. This typically ranges from $26,760 for entry-level positions to $41,550 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Chattanooga, TN-GA is 22.8% lower than the national median of $41,320.
Is Chattanooga, TN-GA a lucrative place for Residential Advisors?
No, not exceptionally lucrative compared to the national average.While the cost of living is average, the average salary for Residential Advisors is significantly lower than the national benchmark. The higher concentration of jobs suggests demand, but not necessarily higher pay.
Is Chattanooga, TN-GA a good place to live for Residential Advisors?
The Cost of Living Index in Chattanooga, TN-GA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Chattanooga, TN-GA?
Some top paying nearby cities include Cleveland, TN ($32,290) and Huntsville, AL.
How does Chattanooga's cost of living compare to other cities?
Chattanooga, TN-GA has a Cost of Living Index of 100, which is exactly the national average. This means that, on average, goods and services cost the same in Chattanooga as they do across the United States.
What does a Location Quotient of 1.43 mean for Residential Advisors?
A Location Quotient of 1.43 signifies that there are proportionally more Residential Advisor jobs in Chattanooga, TN-GA than the national average. This suggests a stronger local demand for this specific role.
What is the total number of Residential Advisors in Chattanooga, TN-GA?
There are approximately 210 Residential Advisors employed in the Chattanooga, TN-GA area, representing a specific segment of the local workforce.
How does the number of jobs per 1,000 workers impact the market?
With 0.768 jobs per 1,000 workers, the role of Residential Advisor is present but not overwhelmingly dominant in the Chattanooga labor market, indicating a balanced supply and demand scenario.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Chattanooga, TN-GA area with a job density of 0.768 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 Chattanooga, TN-GA
- All Occupations Salary in Chattanooga, TN-GA
- Office and Administrative Support Occupations Salary in Chattanooga, TN-GA
- Transportation and Material Moving Occupations Salary in Chattanooga, TN-GA
- Production Occupations Salary in Chattanooga, TN-GA
- Food Preparation and Serving Related Occupations Salary in Chattanooga, TN-GA
- Sales and Related Occupations Salary in Chattanooga, TN-GA
- Healthcare Practitioners and Technical Occupations Salary in Chattanooga, TN-GA
- Management Occupations Salary in Chattanooga, TN-GA
- Business and Financial Operations Occupations Salary in Chattanooga, TN-GA
- Installation, Maintenance, and Repair Occupations Salary in Chattanooga, TN-GA
- Browse All Jobs in Chattanooga, TN-GA →
Semantic Salary Analysis for Residential Advisors • Data source: BLS OEWS 2024 •Jobs in Chattanooga, TN-GA