Average Residential Advisors Salary in Cincinnati, OH-KY-IN
In Cincinnati, OH-KY-IN, Residential Advisors earn an average annual salary of $38,670. This figure is slightly below the national average of $41,320, reflecting localized economic factors and demand within the region. While the national trend sets a benchmark, specific market dynamics in Cincinnati shape the compensation for this role.
Executive Summary
- Average Salary: $38,670 per year.
- Growth Trend: Salaries have shifted 19.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $49,860.
- Outlook: The Cincinnati, OH-KY-IN area supports a local workforce of 510 Residential Advisors, with a concentration quotient of 0.87 indicating a slightly lower presence compared to the national average. The rate of 0.469 jobs per 1,000 workers suggests a stable, albeit not exceptionally high, demand for these professionals within the region's labor market.
Salary Overview
The average Residential Advisors in Cincinnati, OH-KY-IN earns-6.4%below the national average.
$18.6
$744
$3,223
Residential Advisors Salary Trends (2020-2024)
While specific historical data for Residential Advisor salary growth in Cincinnati is not provided, it is reasonable to assume a general upward trend in compensation over the past four years, mirroring national economic patterns and inflation adjustments. Such growth is typical across most professions as the cost of living and demand for services evolve.
Residential Advisors Salary Distribution in Cincinnati, OH-KY-IN
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 specialized roles command higher salaries. The percentile distribution of earnings within Cincinnati, though not detailed here, would signify the earning potential and career advancement opportunities available as professionals gain expertise and responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $28,910 | $13.9 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $29,003 | $13.9 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $36,640 | $17.6 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $48,338 | $23.2 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $49,860 | $24 |
Detailed Residential Advisors Market Analysis
Relocation Context
Nominal Salary
$38,670
Gross Pay
Real Wage (Purchasing Power)
$38,670
Adjusted for COL (100)
The average annual salary of $38,670 in Cincinnati aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Residential Advisor's salary in Cincinnati is equivalent to the national average, suggesting that the nominal salary effectively covers typical living expenses without significant deviation from the national standard.
Job Market Context
510
Total Jobs
0.469
Per 1K Jobs
0.87
Location Quotient
Cincinnati, OH-KY-IN has 0.87x 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.
With a Location Quotient of 0.87, the Cincinnati, OH-KY-IN market has a slightly lower concentration of Residential Advisors compared to the national average. This suggests that while the role is present, it is not a dominant sector within the local job landscape, potentially indicating a moderately competitive environment for job seekers.
Nearby Job Markets
Nearby Cities for Residential Advisors
| City | Salary | Dist. |
|---|---|---|
| Dayton-Kettering-Beavercreek, OH Residential Advisors Salary | $37,370↓ 3% | 50 mi |
| Springfield, OH Residential Advisors Salary | $33,880↓ 12% | 69 mi |
| Lexington-Fayette, KY Residential Advisors Salary | $31,050↓ 20% | 73 mi |
| Muncie, IN Residential Advisors Salary | $47,710↑ 23% | 89 mi |
Comparing salaries near Cincinnati, OH-KY-IN
Hiring Residential Advisorss?
Frequently Asked Questions
How much does a Residential Advisors make in Cincinnati, OH-KY-IN?
The median annual salary for a Residential Advisors in Cincinnati, OH-KY-IN is $38,670. This typically ranges from $28,910 for entry-level positions to $49,860 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Cincinnati, OH-KY-IN is 6.4% lower than the national median of $41,320.
Is Cincinnati, OH-KY-IN a lucrative place for Residential Advisors?
No, not significantly more lucrative than the national average.The average salary of $38,670 is below the national average, and the cost of living is exactly at the national average, offering no distinct financial advantage.
Is Cincinnati, OH-KY-IN a good place to live for Residential Advisors?
The Cost of Living Index in Cincinnati, OH-KY-IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Cincinnati, OH-KY-IN?
Some top paying nearby cities include Dayton-Kettering-Beavercreek, OH ($37,370) and Springfield, OH.
How does the Cincinnati Residential Advisor salary compare to the national average?
The average annual salary for Residential Advisors in Cincinnati, OH-KY-IN is $38,670, which is slightly lower than the national average of $41,320.
What is the Cost of Living in Cincinnati for Residential Advisors?
The Cost of Living Index in Cincinnati is 100, which is precisely the national average, meaning living expenses are comparable to the rest of the country.
How concentrated is the Residential Advisor job market in Cincinnati?
The Location Quotient of 0.87 indicates that the concentration of Residential Advisors in Cincinnati is slightly below the national average, suggesting a moderately present job market.
What is the total number of Residential Advisors in Cincinnati?
There are approximately 510 Residential Advisors employed in the Cincinnati, OH-KY-IN area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 510 employees in the Cincinnati, OH-KY-IN area with a job density of 0.469 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 Cincinnati, OH-KY-IN