Average Residential Advisors Salary in Cleveland, OH
Residential Advisors in Cleveland, OH, earn an average annual salary of $38,220. This figure is slightly below the national average of $41,320, a common occurrence where local economic factors and demand influence compensation. While the nominal salary may appear lower, understanding the local cost of living is crucial for a true picture of earning potential.
Executive Summary
- Average Salary: $38,220 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $46,580.
- Outlook: With a total local workforce of 670 Residential Advisors, Cleveland presents a moderately sized market for this profession. The Location Quotient of 1.21 indicates a slightly higher concentration of these roles compared to the national average, suggesting a stable, albeit not booming, demand within the city's specific economic landscape.
Salary Overview
The average Residential Advisors in Cleveland, OH earns-7.5%below the national average.
$18.4
$735
$3,185
Residential Advisors Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that salaries for Residential Advisors in Cleveland have seen gradual growth over the past four years, mirroring broader economic trends and potential increases in demand for housing support services. This upward trajectory, even if modest, is a positive indicator for career longevity and earning potential.
Residential Advisors Salary Distribution in Cleveland, OH
Career progression for Residential Advisors typically involves a salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior advisors with extensive experience and specialized skills can command significantly higher salaries. The percentile gaps in earnings reflect these opportunities for advancement and increased responsibility within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $30,140 | $14.5 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $28,665 | $13.8 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $36,500 | $17.5 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $47,775 | $23 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $46,580 | $22.4 |
Detailed Residential Advisors Market Analysis
Relocation Context
Nominal Salary
$38,220
Gross Pay
Real Wage (Purchasing Power)
$38,220
Adjusted for COL (100)
The average annual salary of $38,220 in Cleveland aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that, on average, the purchasing power of a Residential Advisor's salary in Cleveland is equivalent to the national average, making it neither exceptionally high nor low in terms of affordability.
Job Market Context
670
Total Jobs
0.65
Per 1K Jobs
1.21
Location Quotient
With a location quotient of 1.21, Cleveland, OH has a slightly higher-than-average concentration of Residential Advisors roles compared to the national norm.
A Location Quotient of 1.21 signifies that Residential Advisors are more concentrated in Cleveland than the national average. This suggests a slightly more robust job market for this specific role within the city, potentially offering more opportunities and a competitive environment for those seeking employment or career advancement in this sector.
Nearby Job Markets
Nearby Cities for Residential Advisors
| City | Salary | Dist. |
|---|---|---|
| Akron, OH Residential Advisors Salary | $37,640↓ 2% | 29 mi |
| Canton-Massillon, OH Residential Advisors Salary | $40,000↑ 5% | 49 mi |
| Youngstown-Warren, OH Residential Advisors Salary | $36,990↓ 3% | 60 mi |
Comparing salaries near Cleveland, OH
Hiring Residential Advisorss?
Frequently Asked Questions
How much does a Residential Advisors make in Cleveland, OH?
The median annual salary for a Residential Advisors in Cleveland, OH is $38,220. This typically ranges from $30,140 for entry-level positions to $46,580 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Cleveland, OH is 7.5% lower than the national median of $41,320.
Is Cleveland, OH a lucrative place for Residential Advisors?
No, not exceptionally lucrative compared to the national average.The average salary of $38,220 is below the national average of $41,320, though the cost of living is also at the national average. This indicates that while the salary is comparable in purchasing power, it doesn't offer a significant financial advantage over other regions.
Is Cleveland, OH a good place to live for Residential Advisors?
The Cost of Living Index in Cleveland, OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Cleveland, OH?
Some top paying nearby cities include Akron, OH ($37,640) and Canton-Massillon, OH.
What is the average salary for a Residential Advisor in Cleveland, OH?
The average annual salary for a Residential Advisor in Cleveland, OH is $38,220.
How does Cleveland's cost of living compare to the national average?
Cleveland's cost of living index is 100, which is exactly the national average, meaning it is neither more nor less expensive to live there compared to the country as a whole.
Is the job market for Residential Advisors strong in Cleveland?
With a Location Quotient of 1.21, the market is slightly more concentrated than the national average, suggesting a stable demand for Residential Advisors in Cleveland.
How does experience affect a Residential Advisor's salary in Cleveland?
As with most professions, experience significantly impacts salary. Entry-level Residential Advisors will earn less, while those with several years of experience and advanced responsibilities can expect higher compensation, reflecting career progression.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 670 employees in the Cleveland, OH area with a job density of 0.65 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 Cleveland, OH