Average Residential Advisors Salary in Springfield, MA
Residential Advisors in Springfield, MA, earn an average annual salary of $47,840. This figure significantly surpasses the national average of $41,320, indicating a localized demand that drives compensation higher. Factors such as the specific needs of the Springfield community and the cost of providing residential advisory services likely contribute to this elevated pay scale.
Executive Summary
- Average Salary: $47,840 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $58,130.
- Outlook: Springfield, MA boasts a robust job market for Residential Advisors, evidenced by a total local workforce of 270 individuals in this role. The Location Quotient of 2.51 suggests that this profession is more concentrated in Springfield than the national average, implying a strong and potentially growing demand for these services within the area.
Salary Overview
The average Residential Advisors in Springfield, MA earns+15.8%above the national average.
$23
$920
$3,987
Residential Advisors Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the salary for Residential Advisors in Springfield, MA, has experienced steady growth over the past four years, mirroring general economic trends and the increasing demand for support services. This upward trajectory likely reflects a combination of inflation, increased responsibilities, and a competitive market for skilled professionals.
Residential Advisors Salary Distribution in Springfield, MA
The career path for a Residential Advisor in Springfield, MA, typically involves significant salary progression with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries well above the average. The widening gap between entry-level and senior-level salaries, often seen across different pay percentiles, signifies clear opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $37,540 | $18 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $35,880 | $17.3 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $47,350 | $22.8 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $59,800 | $28.8 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $58,130 | $27.9 |
Detailed Residential Advisors Market Analysis
Relocation Context
Nominal Salary
$47,840
Gross Pay
Real Wage (Purchasing Power)
$47,840
Adjusted for COL (100)
The average annual salary of $47,840 for Residential Advisors in Springfield, MA, 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 Springfield is equivalent to the national standard, offering a stable financial environment without the added pressure of a significantly higher cost of living.
Job Market Context
270
Total Jobs
1.346
Per 1K Jobs
2.51
Location Quotient
Springfield, MA has 2.5x 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.
With a Location Quotient of 2.51, Springfield, MA, presents a highly concentrated market for Residential Advisors, indicating a demand that is more than double the national average. This suggests that the job market is not only robust but also potentially competitive, with employers actively seeking qualified individuals to fill these specialized roles within the community.
Nearby Job Markets
Nearby Cities for Residential Advisors
| City | Salary | Dist. |
|---|---|---|
| Amherst Town-Northampton, MA Residential Advisors Salary | $45,750↓ 4% | 18 mi |
| Hartford-West Hartford-East Hartford, CT Residential Advisors Salary | $47,510↓ 1% | 25 mi |
| Connecticut nonmetropolitan area Residential Advisors Salary | $45,470↓ 5% | 37 mi |
| Worcester, MA Residential Advisors Salary | $46,580↓ 3% | 39 mi |
| Pittsfield, MA Residential Advisors Salary | $47,900↑ 0% | 44 mi |
Comparing salaries near Springfield, MA
Hiring Residential Advisorss?
Frequently Asked Questions
How much does a Residential Advisors make in Springfield, MA?
The median annual salary for a Residential Advisors in Springfield, MA is $47,840. This typically ranges from $37,540 for entry-level positions to $58,130 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Springfield, MA is 15.8% higher than the national median of $41,320.
Is Springfield, MA a lucrative place for Residential Advisors?
Yes, Springfield, MA offers a lucrative environment for Residential Advisors.Residential Advisors in Springfield earn approximately $6,520 more annually than the national average, with a cost of living that matches the national index, making it a financially advantageous location.
Is Springfield, MA a good place to live for Residential Advisors?
The Cost of Living Index in Springfield, MA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Springfield, MA?
Some top paying nearby cities include Amherst Town-Northampton, MA ($45,750) and Hartford-West Hartford-East Hartford, CT.
How does Springfield's Residential Advisor salary compare to the national average?
Residential Advisors in Springfield, MA, earn an average of $47,840 annually, which is notably higher than the national average of $41,320.
What does the Location Quotient of 2.51 mean for Residential Advisors in Springfield?
A Location Quotient of 2.51 signifies that Residential Advisor jobs are 2.51 times more concentrated in Springfield, MA, compared to the national average, indicating higher local demand.
Is the cost of living in Springfield, MA high for Residential Advisors?
No, the cost of living in Springfield, MA, is exactly at the national average (100), meaning the higher salary offers good purchasing power.
What is the total number of Residential Advisors in Springfield, MA?
There are approximately 270 Residential Advisors working in Springfield, MA.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 270 employees in the Springfield, MA area with a job density of 1.346 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 Springfield, MA