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Average Residential Advisors Salary in Oxnard-Thousand Oaks-Ventura, CA

Residential Advisors in Oxnard-Thousand Oaks-Ventura, CA earn an average annual salary of $48,180, which is notably higher than the national average of $41,320. This elevated compensation reflects the specific economic conditions and demand within the Oxnard-Thousand Oaks-Ventura metropolitan area, suggesting a localized premium for this role.

Executive Summary

  • Average Salary: $48,180 per year.
  • Growth Trend: Salaries have shifted 47.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $62,680.
  • Outlook: With a total local workforce of 200 Residential Advisors and a Location Quotient of 1.17, the job market in Oxnard-Thousand Oaks-Ventura indicates a slightly higher concentration of these roles compared to the national average. This suggests a stable, albeit not overwhelmingly robust, demand for Residential Advisors in the region, supported by a dedicated local talent pool.
2024 Market Data

Salary Overview

$48,180

The average Residential Advisors in Oxnard-Thousand Oaks-Ventura, CA earns+16.6%above the national average.

BreakdownBased on 40h/week
Hourly

$23.2

Weekly

$927

Monthly

$4,015

Residential Advisors Salary Distribution in Oxnard-Thousand Oaks-Ventura, CA

Career progression for Residential Advisors typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior or lead Residential Advisors, with several years of experience and specialized skills, can command salaries substantially higher than the average. The percentile gaps in salary distribution underscore these opportunities for advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$36,220$17.4
ExperiencedProficient professional working independently.25% (Junior)$36,135$17.4
Mid-LevelEstablished expert. Standard market value.50% (Median)$46,410$22.3
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$60,225$29
Top TierIndustry leader / Executive level compensation.90% (Expert)$62,680$30.1

Detailed Residential Advisors Market Analysis

Relocation Context

Nominal Salary

$48,180

Gross Pay

Real Wage (Purchasing Power)

$48,180

Adjusted for COL (100)

The average annual salary of $48,180 in Oxnard-Thousand Oaks-Ventura, CA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Residential Advisor's salary in this region is equivalent to the national average, offering no significant advantage or disadvantage in terms of real income.

Job Market Context

200

Total Jobs

0.631

Per 1K Jobs

1.17

Location Quotient

Above Average

With a location quotient of 1.17, Oxnard-Thousand Oaks-Ventura, CA has a slightly higher-than-average concentration of Residential Advisors roles compared to the national norm.

The Location Quotient of 1.17 for Residential Advisors in Oxnard-Thousand Oaks-Ventura, CA, signifies that the area employs Residential Advisors at a rate 17% higher than the national average. This suggests a moderately competitive market where demand slightly outpaces the national average, potentially offering more opportunities for job seekers compared to other regions.

Nearby Job Markets

Nearby Cities for Residential Advisors

Comparing salaries near Oxnard-Thousand Oaks-Ventura, CA

Hiring Residential Advisorss?

Frequently Asked Questions

How much does a Residential Advisors make in Oxnard-Thousand Oaks-Ventura, CA?

The median annual salary for a Residential Advisors in Oxnard-Thousand Oaks-Ventura, CA is $48,180. This typically ranges from $36,220 for entry-level positions to $62,680 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Oxnard-Thousand Oaks-Ventura, CA is 16.6% higher than the national median of $41,320.

Is Oxnard-Thousand Oaks-Ventura, CA a lucrative place for Residential Advisors?

Yes, moderately so.The average salary is 16% above the national average, and the cost of living is on par with the national average, indicating good purchasing power for Residential Advisors in this area.

Is Oxnard-Thousand Oaks-Ventura, CA a good place to live for Residential Advisors?

The Cost of Living Index in Oxnard-Thousand Oaks-Ventura, CA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Oxnard-Thousand Oaks-Ventura, CA?

Some top paying nearby cities include Los Angeles-Long Beach-Anaheim, CA ($51,260) and Bakersfield-Delano, CA.

How does the Oxnard-Thousand Oaks-Ventura, CA salary compare to the national average?

Residential Advisors in Oxnard-Thousand Oaks-Ventura, CA earn an average of $48,180 annually, which is approximately 16% higher than the national average of $41,320.

What is the concentration of Residential Advisors in Oxnard-Thousand Oaks-Ventura, CA?

The Location Quotient of 1.17 indicates that Oxnard-Thousand Oaks-Ventura, CA has a slightly higher concentration of Residential Advisors jobs compared to the national average.

Does the cost of living affect the Residential Advisor salary in Oxnard-Thousand Oaks-Ventura, CA?

No, the cost of living in Oxnard-Thousand Oaks-Ventura, CA is exactly at the national average (100), meaning the higher nominal salary translates directly to equivalent purchasing power.

What does a Location Quotient of 1.17 mean for job seekers?

A Location Quotient of 1.17 suggests that there is a slightly greater demand or presence of Residential Advisor roles in Oxnard-Thousand Oaks-Ventura, CA relative to the national distribution, potentially offering more opportunities.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Oxnard-Thousand Oaks-Ventura, CA area with a job density of 0.631 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.