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Average Residential Advisors Salary in Minot, ND

Yes, Minot, ND is a highly lucrative market for Residential Advisorss. With an average annual salary of $49,360, professionals here earn significantly more than the national norm. Notably, Minot, ND is a key hub for this profession, with a job concentration 2.71x higher than average.

Executive Summary

  • Average Salary: $49,360 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $59,440.
  • Outlook: The current demand for Residential Advisorss is stable, with a local workforce of approximately 50 professionals. This role remains a specialized component of the broader Minot, ND economy.
2024 Market Data

Salary Overview

$49,360

The average Residential Advisors in Minot, ND earns+19.5%above the national average.

BreakdownBased on 40h/week
Hourly

$23.7

Weekly

$949

Monthly

$4,113

Residential Advisors Salary Distribution in Minot, ND

The earning potential for Residential Advisorss in Minot, ND varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $38,800, while highly experienced professionals can command wages upwards of $59,440.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$38,800$18.7
ExperiencedProficient professional working independently.25% (Junior)$37,020$17.8
Mid-LevelEstablished expert. Standard market value.50% (Median)$52,150$25.1
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$61,700$29.7
Top TierIndustry leader / Executive level compensation.90% (Expert)$59,440$28.6

Detailed Residential Advisors Market Analysis

Relocation Context

Nominal Salary

$49,360

Gross Pay

Real Wage (Purchasing Power)

$49,360

Adjusted for COL (100)

In Minot, ND, the Cost of Living Index is 100. This increases your effective purchasing power from $49,360 to $49,360.

Job Market Context

50

Total Jobs

1.455

Per 1K Jobs

2.71

Location Quotient

Major Hub

Minot, ND has 2.7x 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.

50 people work as Residential Advisors in Minot, ND.

1.455 out of every 1,000 local jobs are Residential Advisors positions — a typical concentration.

Nearby Job Markets

Nearby Cities for Residential Advisors

Comparing salaries near Minot, ND

Hiring Residential Advisorss?

Frequently Asked Questions

How much does a Residential Advisors make in Minot, ND?

The median annual salary for a Residential Advisors in Minot, ND is $49,360. This typically ranges from $38,800 for entry-level positions to $59,440 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Minot, ND is 19.5% higher than the national median of $41,320.

Is Minot, ND a good place for Residential Advisorss?

Yes, Minot, ND is an excellent location for Residential Advisorss. It offers both higher-than-average salaries ($49,360) and a high concentration of job opportunities. See distinct detailed breakdown below.

Is Minot, ND a good place to live for Residential Advisors?

The Cost of Living Index in Minot, ND is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Minot, ND?

Some top paying nearby cities include West North Dakota nonmetropolitan area ($48,190) and East North Dakota nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 50 employees in the Minot, ND area with a job density of 1.455 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.