Average Residential Advisors Salary in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
In the Philadelphia-Camden-Wilmington metropolitan area, Residential Advisors earn an average annual salary of $41,190. This figure is remarkably close to the national average of $41,320, indicating a stable and competitive compensation landscape for this role. Local economic factors and the specific demand within the region play a significant role in aligning these salaries with national trends.
Executive Summary
- Average Salary: $41,190 per year.
- Growth Trend: Salaries have shifted 24.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $58,480.
- Outlook: The Philadelphia-Camden-Wilmington area supports a local workforce of 1,910 Residential Advisors. With a Location Quotient of 1.24, this suggests a slightly higher concentration of these roles compared to the national average, implying a robust and potentially growing job market for this profession within the region.
Salary Overview
The average Residential Advisors in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD earns-0.3%below the national average.
$19.8
$792
$3,433
Residential Advisors Salary Trends (2020-2024)
While specific historical data for the last four years is not provided, it's reasonable to assume that salaries for Residential Advisors in Philadelphia-Camden-Wilmington have seen gradual growth, mirroring national trends. Economic shifts, inflation, and evolving demand for support services likely contribute to a steady upward trajectory in compensation over time.
Residential Advisors Salary Distribution in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Career progression for Residential Advisors typically involves a 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 extensive experience and specialized skills, can command salaries significantly higher than the average. The percentile gaps in salary distributions reflect these opportunities for advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $30,820 | $14.8 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $30,893 | $14.9 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $38,340 | $18.4 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $51,488 | $24.8 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $58,480 | $28.1 |
Detailed Residential Advisors Market Analysis
Relocation Context
Nominal Salary
$41,190
Gross Pay
Real Wage (Purchasing Power)
$41,190
Adjusted for COL (100)
The average annual salary of $41,190 in Philadelphia-Camden-Wilmington aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of a Residential Advisor's salary in this area is equivalent to the national average, suggesting that the nominal salary effectively covers the typical expenses associated with living in the region.
Job Market Context
1,910
Total Jobs
0.665
Per 1K Jobs
1.24
Location Quotient
With a location quotient of 1.24, Philadelphia-Camden-Wilmington, PA-NJ-DE-MD has a slightly higher-than-average concentration of Residential Advisors roles compared to the national norm.
A Location Quotient of 1.24 for Residential Advisors in Philadelphia-Camden-Wilmington indicates that the job market here is slightly more concentrated than the national average. This suggests a healthy demand for these professionals, potentially offering more opportunities and a competitive environment for those seeking employment in this field.
Nearby Job Markets
Nearby Cities for Residential Advisors
| City | Salary | Dist. |
|---|---|---|
| Trenton-Princeton, NJ Residential Advisors Salary | $48,010↑ 17% | 28 mi |
| Vineland, NJ Residential Advisors Salary | $38,960↓ 5% | 35 mi |
| Allentown-Bethlehem-Easton, PA-NJ Residential Advisors Salary | $43,670↑ 6% | 47 mi |
| Reading, PA Residential Advisors Salary | $42,700↑ 4% | 48 mi |
Comparing salaries near Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Hiring Residential Advisorss?
Frequently Asked Questions
How much does a Residential Advisors make in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?
The median annual salary for a Residential Advisors in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is $41,190. This typically ranges from $30,820 for entry-level positions to $58,480 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is 0.3% lower than the national median of $41,320.
Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD a lucrative place for Residential Advisors?
Yes, it offers competitive compensation.The average salary of $41,190 is on par with the national average, and the Cost of Living Index of 100 means your earnings have equivalent purchasing power. The slightly higher concentration of jobs (LQ 1.24) also suggests a healthy market.
Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD a good place to live for Residential Advisors?
The Cost of Living Index in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?
Some top paying nearby cities include Trenton-Princeton, NJ ($48,010) and Vineland, NJ.
How does the local salary compare to the national average?
The average annual salary for Residential Advisors in Philadelphia-Camden-Wilmington is $41,190, which is very close to the national average of $41,320, indicating comparable earning potential.
What is the job market like for Residential Advisors in this area?
The job market appears robust, with a local workforce of 1,910 and a Location Quotient of 1.24, suggesting a slightly higher concentration of these roles than the national average.
Does the cost of living affect the value of the salary?
No, the Cost of Living Index is 100, meaning the average salary of $41,190 provides purchasing power equivalent to the national average, making it a fair reflection of living expenses.
How many Residential Advisors work in Philadelphia-Camden-Wilmington?
There are approximately 1,910 Residential Advisors employed within the Philadelphia-Camden-Wilmington 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 1,910 employees in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area with a job density of 0.665 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Residential Advisors Salaries by State
Top Jobs in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- All Occupations Salary in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- Office and Administrative Support Occupations Salary in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- Transportation and Material Moving Occupations Salary in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- Food Preparation and Serving Related Occupations Salary in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- Sales and Related Occupations Salary in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- Management Occupations Salary in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- Healthcare Support Occupations Salary in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- Healthcare Practitioners and Technical Occupations Salary in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- Business and Financial Operations Occupations Salary in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- Educational Instruction and Library Occupations Salary in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- Browse All Jobs in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD →
Semantic Salary Analysis for Residential Advisors • Data source: BLS OEWS 2024 •Jobs in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD