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Average Residential Advisors Salary in Southwest Minnesota nonmetropolitan area

Yes, Southwest Minnesota nonmetropolitan area is a highly lucrative market for Residential Advisorss. With an average annual salary of $48,080, professionals here earn significantly more than the national norm. Notably, Southwest Minnesota nonmetropolitan area is a key hub for this profession, with a job concentration 2.09x higher than average.

Executive Summary

  • Average Salary: $48,080 per year.
  • Growth Trend: Salaries have shifted 18.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $59,450.
  • Outlook: The current demand for Residential Advisorss is stable, with a local workforce of approximately 130 professionals. This role remains a specialized component of the broader Southwest Minnesota nonmetropolitan area economy.
2024 Market Data

Salary Overview

$48,080

The average Residential Advisors in Southwest Minnesota nonmetropolitan area earns+16.4%above the national average.

BreakdownBased on 40h/week
Hourly

$23.1

Weekly

$925

Monthly

$4,007

Residential Advisors Salary Distribution in Southwest Minnesota nonmetropolitan area

The earning potential for Residential Advisorss in Southwest Minnesota nonmetropolitan area 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 $40,650, while highly experienced professionals can command wages upwards of $59,450.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$40,650$19.5
ExperiencedProficient professional working independently.25% (Junior)$36,060$17.3
Mid-LevelEstablished expert. Standard market value.50% (Median)$47,080$22.6
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$60,100$28.9
Top TierIndustry leader / Executive level compensation.90% (Expert)$59,450$28.6

Detailed Residential Advisors Market Analysis

Relocation Context

Nominal Salary

$48,080

Gross Pay

Real Wage (Purchasing Power)

$48,080

Adjusted for COL (100)

In Southwest Minnesota nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $48,080 to $48,080.

Job Market Context

130

Total Jobs

1.121

Per 1K Jobs

2.09

Location Quotient

Major Hub

Southwest Minnesota nonmetropolitan area has 2.1x 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.

130 people work as Residential Advisors in Southwest Minnesota nonmetropolitan area.

1.121 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 Southwest Minnesota nonmetropolitan area

Hiring Residential Advisorss?

Frequently Asked Questions

How much does a Residential Advisors make in Southwest Minnesota nonmetropolitan area?

The median annual salary for a Residential Advisors in Southwest Minnesota nonmetropolitan area is $48,080. This typically ranges from $40,650 for entry-level positions to $59,450 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southwest Minnesota nonmetropolitan area is 16.4% higher than the national median of $41,320.

Is Southwest Minnesota nonmetropolitan area a good place for Residential Advisorss?

Yes, Southwest Minnesota nonmetropolitan area is an excellent location for Residential Advisorss. It offers both higher-than-average salaries ($48,080) and a high concentration of job opportunities. See distinct detailed breakdown below.

Is Southwest Minnesota nonmetropolitan area a good place to live for Residential Advisors?

The Cost of Living Index in Southwest Minnesota nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Southwest Minnesota nonmetropolitan area?

Some top paying nearby cities include St. Cloud, MN ($46,300) and Minneapolis-St. Paul-Bloomington, MN-WI.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 130 employees in the Southwest Minnesota nonmetropolitan area area with a job density of 1.121 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.