Average Residential Advisors Salary in Greensboro-High Point, NC
Residential Advisors in Greensboro-High Point, NC, earn an average annual salary of $36,860. This figure is notably below the national average of $41,320, suggesting that local market dynamics and potentially lower demand contribute to this compensation difference. The specific economic conditions and employer needs within the Greensboro-High Point area play a significant role in shaping the pay for this profession.
Executive Summary
- Average Salary: $36,860 per year.
- Growth Trend: Salaries have shifted 16.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $50,770.
- Outlook: The local job market for Residential Advisors in Greensboro-High Point, NC, shows a moderate level of concentration, with a Location Quotient of 1.13, indicating a slightly higher presence of these roles compared to the national average. The total local workforce of 220 suggests a niche but established presence, implying a stable demand for skilled professionals in this sector within the region.
Salary Overview
The average Residential Advisors in Greensboro-High Point, NC earns-10.8%below the national average.
$17.7
$709
$3,072
Residential Advisors Salary Trends (2020-2024)
While specific historical data for Residential Advisor salary growth in Greensboro-High Point is not provided, it is generally assumed that salaries in most professional fields have seen incremental growth over the past four years, influenced by inflation, increased demand for services, and evolving industry standards. This trend likely applies to Residential Advisors as well, with potential for modest annual increases.
Residential Advisors Salary Distribution in Greensboro-High Point, NC
Salary progression for Residential Advisors typically correlates with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries. The percentile gaps in earnings signify clear career progression pathways, rewarding accumulated expertise and demonstrated performance within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $21,840 | $10.5 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $27,645 | $13.3 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $33,120 | $15.9 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $46,075 | $22.2 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $50,770 | $24.4 |
Detailed Residential Advisors Market Analysis
Relocation Context
Nominal Salary
$36,860
Gross Pay
Real Wage (Purchasing Power)
$36,860
Adjusted for COL (100)
The average annual salary of $36,860 in Greensboro-High Point, NC, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal income earned by Residential Advisors in this area has purchasing power equivalent to the national average, suggesting a balanced financial landscape where the salary effectively covers typical living expenses.
Job Market Context
220
Total Jobs
0.607
Per 1K Jobs
1.13
Location Quotient
With a location quotient of 1.13, Greensboro-High Point, NC has a slightly higher-than-average concentration of Residential Advisors roles compared to the national norm.
With a Location Quotient of 1.13, Greensboro-High Point, NC, exhibits a slightly higher concentration of Residential Advisor positions than the national average. This suggests that the job market here is somewhat more robust or specialized in this role compared to other regions, potentially offering more opportunities or a more competitive environment for professionals in this field.
Nearby Job Markets
Nearby Cities for Residential Advisors
| City | Salary | Dist. |
|---|---|---|
| Burlington, NC Residential Advisors Salary | $35,480↓ 4% | 20 mi |
| Winston-Salem, NC Residential Advisors Salary | $37,690↑ 2% | 23 mi |
| Eastern North Carolina nonmetropolitan area Residential Advisors Salary | $34,270↓ 7% | 32 mi |
| Western North Carolina nonmetropolitan area Residential Advisors Salary | $37,420↑ 2% | 32 mi |
| Central North Carolina nonmetropolitan area Residential Advisors Salary | $36,540↓ 1% | 32 mi |
Comparing salaries near Greensboro-High Point, NC
Hiring Residential Advisorss?
Frequently Asked Questions
How much does a Residential Advisors make in Greensboro-High Point, NC?
The median annual salary for a Residential Advisors in Greensboro-High Point, NC is $36,860. This typically ranges from $21,840 for entry-level positions to $50,770 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Greensboro-High Point, NC is 10.8% lower than the national median of $41,320.
Is Greensboro-High Point, NC a lucrative place for Residential Advisors?
No, not exceptionally lucrative compared to the national average.While the cost of living is average, the nominal salary of $36,860 is below the national average of $41,320, indicating less financial advantage for Residential Advisors in this specific location.
Is Greensboro-High Point, NC a good place to live for Residential Advisors?
The Cost of Living Index in Greensboro-High Point, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Greensboro-High Point, NC?
Some top paying nearby cities include Burlington, NC ($35,480) and Winston-Salem, NC.
How does the Greensboro-High Point salary compare to the national average?
The average salary for Residential Advisors in Greensboro-High Point, NC ($36,860) is lower than the national average ($41,320).
What is the concentration of Residential Advisors in Greensboro-High Point?
The concentration, measured by the Location Quotient, is 1.13, which is slightly above the national average, indicating a somewhat higher presence of this profession in the area.
How does the cost of living affect the salary's value?
With a Cost of Living Index of 100 (the national average), the $36,860 salary in Greensboro-High Point has average purchasing power, meaning it stretches as far as the national average salary does.
What does the total local workforce number imply?
A total local workforce of 220 suggests a specific, perhaps niche, market for Residential Advisors in Greensboro-High Point, indicating a stable but not expansive demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Greensboro-High Point, NC area with a job density of 0.607 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 Greensboro-High Point, NC