Average Residential Advisors Salary in Grand Rapids-Wyoming-Kentwood, MI
In Grand Rapids-Wyoming-Kentwood, MI, Residential Advisors earn an average annual salary of $40,580. This figure is slightly below the national average of $41,320, suggesting localized economic factors and demand dynamics influence compensation in this specific metropolitan area. The cost of living being at the national average further contextualizes this salary.
Executive Summary
- Average Salary: $40,580 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $49,730.
- Outlook: The Grand Rapids-Wyoming-Kentwood area supports a modest workforce of 210 Residential Advisors. With a Location Quotient of 0.69, the concentration of these roles is below the national average, indicating a less saturated market relative to other areas. While the absolute number of jobs per 1,000 workers (0.369) is relatively low, the lower concentration suggests potential opportunities for those seeking employment in this niche.
Salary Overview
The average Residential Advisors in Grand Rapids-Wyoming-Kentwood, MI earns-1.8%below the national average.
$19.5
$780
$3,382
Residential Advisors Salary Trends (2020-2024)
While specific historical data for Residential Advisor salary growth in Grand Rapids-Wyoming-Kentwood is not provided, it's reasonable to assume a general upward trend in compensation over the past four years, mirroring national economic patterns. Factors such as inflation, increased demand for housing support services, and evolving industry standards likely contribute to salary increases, even if modest.
Residential Advisors Salary Distribution in Grand Rapids-Wyoming-Kentwood, MI
Salary progression for Residential Advisors typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior advisors with extensive experience and specialized skills can command higher salaries, potentially reaching the upper percentiles. The gap between entry-level and senior roles signifies clear career progression pathways within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $32,780 | $15.8 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $30,435 | $14.6 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $39,500 | $19 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $50,725 | $24.4 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $49,730 | $23.9 |
Detailed Residential Advisors Market Analysis
Relocation Context
Nominal Salary
$40,580
Gross Pay
Real Wage (Purchasing Power)
$40,580
Adjusted for COL (100)
The average annual salary of $40,580 in Grand Rapids-Wyoming-Kentwood aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national average, indicating that the cost of essential goods and services is neither a significant advantage nor a disadvantage for Residential Advisors relocating to or residing in this area.
Job Market Context
210
Total Jobs
0.369
Per 1K Jobs
0.69
Location Quotient
Grand Rapids-Wyoming-Kentwood, MI has 0.69x 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 0.69 for Residential Advisors in Grand Rapids-Wyoming-Kentwood indicates that the job market for this role is less concentrated than the national average. This suggests that while the absolute number of positions might be smaller, the relative demand may not be as intensely competitive as in areas with a higher LQ, potentially offering a more stable employment landscape for qualified individuals.
Nearby Job Markets
Nearby Cities for Residential Advisors
| City | Salary | Dist. |
|---|---|---|
| Kalamazoo-Portage, MI Residential Advisors Salary | $46,340↑ 14% | 48 mi |
| Lansing-East Lansing, MI Residential Advisors Salary | $45,110↑ 11% | 58 mi |
| Mid Michigan nonmetropolitan area Residential Advisors Salary | $44,870↑ 11% | 62 mi |
Comparing salaries near Grand Rapids-Wyoming-Kentwood, MI
Hiring Residential Advisorss?
Frequently Asked Questions
How much does a Residential Advisors make in Grand Rapids-Wyoming-Kentwood, MI?
The median annual salary for a Residential Advisors in Grand Rapids-Wyoming-Kentwood, MI is $40,580. This typically ranges from $32,780 for entry-level positions to $49,730 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Grand Rapids-Wyoming-Kentwood, MI is 1.8% lower than the national median of $41,320.
Is Grand Rapids-Wyoming-Kentwood, MI a lucrative place for Residential Advisors?
No, not significantly more lucrative than the national average.The average salary of $40,580 is slightly below the national average, and the cost of living is exactly at the national average, offering no distinct financial advantage.
Is Grand Rapids-Wyoming-Kentwood, MI a good place to live for Residential Advisors?
The Cost of Living Index in Grand Rapids-Wyoming-Kentwood, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Grand Rapids-Wyoming-Kentwood, MI?
Some top paying nearby cities include Kalamazoo-Portage, MI ($46,340) and Lansing-East Lansing, MI.
How does the Grand Rapids-Wyoming-Kentwood salary compare to the national average?
The average annual salary for Residential Advisors in Grand Rapids-Wyoming-Kentwood is $40,580, which is slightly lower than the national average of $41,320.
What is the Cost of Living Index in Grand Rapids-Wyoming-Kentwood, MI?
The Cost of Living Index in Grand Rapids-Wyoming-Kentwood, MI is 100, which is exactly the national average.
What does the Location Quotient of 0.69 mean for Residential Advisors?
A Location Quotient of 0.69 signifies that the concentration of Residential Advisor jobs in Grand Rapids-Wyoming-Kentwood is lower than the national average, suggesting a less saturated but potentially smaller job market.
How many Residential Advisors are there in the Grand Rapids-Wyoming-Kentwood area?
The total local workforce for Residential Advisors in Grand Rapids-Wyoming-Kentwood, MI is approximately 210 individuals.
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 Grand Rapids-Wyoming-Kentwood, MI area with a job density of 0.369 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 Grand Rapids-Wyoming-Kentwood, MI