Average Residential Advisors Salary in Southeast Minnesota nonmetropolitan area
Residential Advisors in the Southeast Minnesota nonmetropolitan area earn an average annual salary of $44,270, which is notably higher than the national average of $41,320. This elevated compensation likely reflects the specialized needs and potentially higher demand for these roles within the region's unique community structure, contributing to a more attractive salary offering.
Executive Summary
- Average Salary: $44,270 per year.
- Growth Trend: Salaries have shifted 12.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $56,700.
- Outlook: With a total local workforce of 220 Residential Advisors, the Southeast Minnesota nonmetropolitan area demonstrates a concentrated demand for this profession, as indicated by a Location Quotient of 2.68. This suggests that the role is significantly more prevalent in this region compared to the national average, pointing towards a robust and stable job market for skilled individuals in this field.
Salary Overview
The average Residential Advisors in Southeast Minnesota nonmetropolitan area earns+7.1%above the national average.
$21.3
$851
$3,689
Residential Advisors Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Residential Advisors in Southeast Minnesota nonmetropolitan areas have experienced steady growth over the past four years, mirroring general economic trends and increasing demand for support services. This upward trajectory is likely driven by factors such as inflation, evolving service requirements, and a commitment to retaining qualified professionals in the region.
Residential Advisors Salary Distribution in Southeast Minnesota nonmetropolitan area
Career progression for Residential Advisors typically correlates with increased earnings, with entry-level positions forming the base and senior roles commanding higher salaries. The percentile gaps in compensation signify the value placed on experience, specialized skills, and leadership capabilities, offering a clear path for professional development and financial reward within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $36,790 | $17.7 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $33,203 | $16 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $44,180 | $21.2 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $55,338 | $26.6 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $56,700 | $27.3 |
Detailed Residential Advisors Market Analysis
Relocation Context
Nominal Salary
$44,270
Gross Pay
Real Wage (Purchasing Power)
$44,270
Adjusted for COL (100)
The average annual salary of $44,270 in Southeast Minnesota nonmetropolitan areas aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Residential Advisor's salary in this region is equivalent to that of someone earning the national average, indicating a balanced economic environment where income effectively covers standard living expenses.
Job Market Context
220
Total Jobs
1.439
Per 1K Jobs
2.68
Location Quotient
Southeast Minnesota nonmetropolitan area 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.
The Location Quotient of 2.68 for Residential Advisors in Southeast Minnesota nonmetropolitan areas signifies a substantial concentration of these roles relative to the national average. This indicates a market where the demand for Residential Advisors is more than double the national rate, suggesting a competitive landscape for employers seeking talent but potentially offering ample opportunities for job seekers.
Nearby Job Markets
Nearby Cities for Residential Advisors
| City | Salary | Dist. |
|---|---|---|
| St. Cloud, MN Residential Advisors Salary | $46,300↑ 5% | 17 mi |
| Minneapolis-St. Paul-Bloomington, MN-WI Residential Advisors Salary | $48,470↑ 9% | 58 mi |
Comparing salaries near Southeast Minnesota nonmetropolitan area
Hiring Residential Advisorss?
Frequently Asked Questions
How much does a Residential Advisors make in Southeast Minnesota nonmetropolitan area?
The median annual salary for a Residential Advisors in Southeast Minnesota nonmetropolitan area is $44,270. This typically ranges from $36,790 for entry-level positions to $56,700 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southeast Minnesota nonmetropolitan area is 7.1% higher than the national median of $41,320.
Is Southeast Minnesota nonmetropolitan area a lucrative place for Residential Advisorss?
Yes, it offers above-average compensation.Residential Advisors in this region earn approximately $2,950 more annually than the national average. Coupled with a cost of living that matches the national average, this makes the area financially advantageous for the profession.
Is Southeast Minnesota nonmetropolitan area a good place to live for Residential Advisors?
The Cost of Living Index in Southeast Minnesota nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southeast Minnesota nonmetropolitan area?
Some top paying nearby cities include St. Cloud, MN ($46,300) and Minneapolis-St. Paul-Bloomington, MN-WI.
What is the average salary for a Residential Advisor in Southeast Minnesota nonmetropolitan area?
The average annual salary for a Residential Advisor in the Southeast Minnesota nonmetropolitan area is $44,270.
How does the salary compare to the national average?
The average salary in this region is $44,270, which is higher than the national average of $41,320.
What does the Location Quotient of 2.68 mean?
A Location Quotient of 2.68 indicates that the concentration of Residential Advisor jobs in Southeast Minnesota nonmetropolitan areas is 2.68 times higher than the national average, suggesting strong regional demand.
How does the cost of living affect the salary?
With a Cost of Living Index of 100, the local salary of $44,270 has the same purchasing power as the national average salary, indicating a balanced economic environment.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Southeast Minnesota nonmetropolitan area area with a job density of 1.439 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 Southeast Minnesota nonmetropolitan area