Average Residential Advisors Salary in Hartford-West Hartford-East Hartford, CT
Residential Advisors in Hartford-West Hartford-East Hartford, CT, command an average annual salary of $47,510, notably exceeding the national average of $41,320. This higher compensation is often driven by the specific economic conditions and demand within the greater Hartford metropolitan area, reflecting local market dynamics rather than national trends.
Executive Summary
- Average Salary: $47,510 per year.
- Growth Trend: Salaries have shifted 35.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $57,440.
- Outlook: The local job market for Residential Advisors in Hartford-West Hartford-East Hartford, CT, shows a moderate level of concentration, with a Location Quotient of 1.31 indicating a presence slightly above the national average. While the total local workforce of 420 is not exceptionally large, the concentration suggests a stable, albeit not rapidly expanding, demand for these roles within the region.
Salary Overview
The average Residential Advisors in Hartford-West Hartford-East Hartford, CT earns+15.0%above the national average.
$22.8
$914
$3,959
Residential Advisors Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Residential Advisors in Hartford-West Hartford-East Hartford, CT, have experienced steady growth over the past four years, mirroring general economic trends and inflation. This upward trajectory likely reflects increasing demand for housing support services and a competitive labor market.
Residential Advisors Salary Distribution in Hartford-West Hartford-East Hartford, CT
Salary progression for Residential Advisors typically correlates with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries, potentially reaching the upper percentiles. The observed salary distribution likely shows a clear gap between junior and senior roles, signifying robust career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $35,340 | $17 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $35,633 | $17.1 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $48,670 | $23.4 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $59,388 | $28.6 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $57,440 | $27.6 |
Detailed Residential Advisors Market Analysis
Relocation Context
Nominal Salary
$47,510
Gross Pay
Real Wage (Purchasing Power)
$47,510
Adjusted for COL (100)
The average annual salary of $47,510 in Hartford-West Hartford-East Hartford, CT, aligns perfectly with the national average cost of living (Index 100). This means that the purchasing power of a Residential Advisor's salary in this area is equivalent to the national average, offering stability and predictability for those considering relocation.
Job Market Context
420
Total Jobs
0.701
Per 1K Jobs
1.31
Location Quotient
With a location quotient of 1.31, Hartford-West Hartford-East Hartford, CT has a slightly higher-than-average concentration of Residential Advisors roles compared to the national norm.
With a Location Quotient of 1.31, the Hartford-West Hartford-East Hartford, CT, area demonstrates a higher concentration of Residential Advisor jobs compared to the national average. This suggests a more robust and potentially competitive market for these professionals, where demand slightly outpaces the national distribution, offering good opportunities for employment.
Nearby Job Markets
Nearby Cities for Residential Advisors
| City | Salary | Dist. |
|---|---|---|
| Connecticut nonmetropolitan area Residential Advisors Salary | $45,470↓ 4% | 12 mi |
| Waterbury-Shelton, CT Residential Advisors Salary | $43,770↓ 8% | 23 mi |
| Springfield, MA Residential Advisors Salary | $47,840↑ 1% | 25 mi |
| New Haven, CT Residential Advisors Salary | $45,390↓ 4% | 34 mi |
| Norwich-New London-Willimantic, CT Residential Advisors Salary | $44,270↓ 7% | 34 mi |
Comparing salaries near Hartford-West Hartford-East Hartford, CT
Hiring Residential Advisorss?
Frequently Asked Questions
How much does a Residential Advisors make in Hartford-West Hartford-East Hartford, CT?
The median annual salary for a Residential Advisors in Hartford-West Hartford-East Hartford, CT is $47,510. This typically ranges from $35,340 for entry-level positions to $57,440 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hartford-West Hartford-East Hartford, CT is 15.0% higher than the national median of $41,320.
Is Hartford-West Hartford-East Hartford, CT a lucrative place for Residential Advisors?
Yes, it is a financially favorable location for Residential Advisors.The average salary of $47,510 is significantly higher than the national average, and the cost of living is on par with the national average, indicating strong purchasing power.
Is Hartford-West Hartford-East Hartford, CT a good place to live for Residential Advisors?
The Cost of Living Index in Hartford-West Hartford-East Hartford, CT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Hartford-West Hartford-East Hartford, CT?
Some top paying nearby cities include Connecticut nonmetropolitan area ($45,470) and Waterbury-Shelton, CT.
How does the Hartford Residential Advisor salary compare to the national average?
The average annual salary for Residential Advisors in Hartford-West Hartford-East Hartford, CT, is $47,510, which is approximately $6,190 higher than the national average of $41,320.
What is the concentration of Residential Advisors in Hartford-West Hartford-East Hartford, CT?
The Location Quotient for Residential Advisors in this area is 1.31, meaning the concentration of these jobs is 31% higher than the national average.
Does the cost of living affect the value of a Residential Advisor's salary in Hartford?
No, the cost of living in Hartford-West Hartford-East Hartford, CT, is exactly at the national average (100), so the nominal salary of $47,510 holds its value relative to the rest of the country.
How many Residential Advisors work in Hartford-West Hartford-East Hartford, CT?
There are approximately 420 Residential Advisors employed within the Hartford-West Hartford-East Hartford, CT, metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 420 employees in the Hartford-West Hartford-East Hartford, CT area with a job density of 0.701 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 Hartford-West Hartford-East Hartford, CT