Average Residential Advisors Salary in Louisville/Jefferson County, KY-IN
Residential Advisors in Louisville/Jefferson County, KY-IN earn an average annual salary of $28,910. This figure is notably lower than the national average of $41,320, suggesting that local market dynamics, such as demand and the cost of labor, play a significant role in compensation within this region.
Executive Summary
- Average Salary: $28,910 per year.
- Growth Trend: Salaries have shifted 1.3% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $39,340.
- Outlook: The Louisville/Jefferson County, KY-IN area supports a local workforce of 950 Residential Advisors. With a Location Quotient of 2.57, indicating a concentration more than double the national average, there is a clear and sustained demand for these professionals in the region, suggesting a robust job market.
Salary Overview
The average Residential Advisors in Louisville/Jefferson County, KY-IN earns-30.0%below the national average.
$13.9
$556
$2,409
Residential Advisors Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Residential Advisors in Louisville/Jefferson County, KY-IN have experienced growth over the past four years, mirroring general economic trends and potential increases in demand or cost of living adjustments.
Residential Advisors Salary Distribution in Louisville/Jefferson County, KY-IN
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 or lead roles command higher compensation. The percentile gaps in salary distribution signify clear opportunities for career advancement and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $18,930 | $9.1 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $21,683 | $10.4 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $28,990 | $13.9 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $36,138 | $17.4 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $39,340 | $18.9 |
Detailed Residential Advisors Market Analysis
Relocation Context
Nominal Salary
$28,910
Gross Pay
Real Wage (Purchasing Power)
$28,910
Adjusted for COL (100)
The average annual salary of $28,910 in Louisville/Jefferson County, KY-IN aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that salary locally is comparable to the national standard.
Job Market Context
950
Total Jobs
1.382
Per 1K Jobs
2.57
Location Quotient
Louisville/Jefferson County, KY-IN has 2.6x the national concentration of Residential Advisors jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
A Location Quotient of 2.57 for Residential Advisors in Louisville/Jefferson County, KY-IN signifies a significantly higher concentration of these jobs compared to the national average. This suggests a highly specialized and potentially competitive market where employers may have a larger pool of local talent to draw from.
Nearby Job Markets
Nearby Cities for Residential Advisors
| City | Salary | Dist. |
|---|---|---|
| Central Kentucky nonmetropolitan area Residential Advisors Salary | $37,290↑ 29% | 72 mi |
| South Central Kentucky nonmetropolitan area Residential Advisors Salary | $25,320↓ 12% | 72 mi |
| West Kentucky nonmetropolitan area Residential Advisors Salary | $31,920↑ 10% | 72 mi |
Comparing salaries near Louisville/Jefferson County, KY-IN
Hiring Residential Advisorss?
Frequently Asked Questions
How much does a Residential Advisors make in Louisville/Jefferson County, KY-IN?
The median annual salary for a Residential Advisors in Louisville/Jefferson County, KY-IN is $28,910. This typically ranges from $18,930 for entry-level positions to $39,340 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Louisville/Jefferson County, KY-IN is 30.0% lower than the national median of $41,320.
Is Louisville/Jefferson County, KY-IN a lucrative place for Residential Advisors?
No, not particularly lucrative compared to the national average.The average salary of $28,910 is substantially below the national average of $41,320, although the cost of living is on par with the national average.
Is Louisville/Jefferson County, KY-IN a good place to live for Residential Advisors?
The Cost of Living Index in Louisville/Jefferson County, KY-IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Louisville/Jefferson County, KY-IN?
Some top paying nearby cities include Central Kentucky nonmetropolitan area ($37,290) and South Central Kentucky nonmetropolitan area.
How does the Louisville/Jefferson County, KY-IN salary compare to the national average?
The average salary for Residential Advisors in Louisville/Jefferson County, KY-IN is $28,910, which is approximately 30% lower than the national average of $41,320.
What does a Location Quotient of 2.57 mean for Residential Advisors in Louisville?
A Location Quotient of 2.57 indicates that Residential Advisors are more than twice as concentrated in Louisville/Jefferson County, KY-IN compared to the national average, suggesting strong local demand or a specialized industry presence.
How does the cost of living affect the Residential Advisor salary in Louisville?
With a Cost of Living Index of 100, the local cost of living is average. Therefore, the $28,910 salary has average purchasing power, meaning the lower nominal salary is offset by average living expenses.
What is the total number of Residential Advisors in the Louisville/Jefferson County, KY-IN area?
There are approximately 950 Residential Advisors employed within the Louisville/Jefferson County, KY-IN 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 950 employees in the Louisville/Jefferson County, KY-IN area with a job density of 1.382 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 Louisville/Jefferson County, KY-IN