SalaryNode

Average Residential Advisors Salary in Tennessee

The average annual salary for Residential Advisors in Tennessee stands at $33,390, which is notably below the national average of $41,320. This disparity is often influenced by regional economic factors, the cost of living, and the specific demand dynamics within the state's labor market for this role.

Executive Summary

  • Average Salary: $33,390 per year.
  • Growth Trend: Salaries have shifted 25.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $44,660.
  • Outlook: With a local workforce of 3,220 Residential Advisors, Tennessee demonstrates a significant presence in this sector. The Location Quotient of 1.83 indicates a concentration of these roles nearly double the national average, suggesting a robust and potentially growing demand for Residential Advisors within the state.
2024 Market Data

Salary Overview

$33,390

The average Residential Advisors in Tennessee earns-19.2%below the national average.

BreakdownBased on 40h/week
Hourly

$16.1

Weekly

$642

Monthly

$2,783

Residential Advisors Salary Distribution in Tennessee

Salary progression for Residential Advisors in Tennessee typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior or specialized roles, often commanding higher salaries, represent the upper percentiles. The gap between these percentiles signifies clear opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$24,550$11.8
ExperiencedProficient professional working independently.25% (Junior)$25,043$12
Mid-LevelEstablished expert. Standard market value.50% (Median)$32,090$15.4
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$41,738$20.1
Top TierIndustry leader / Executive level compensation.90% (Expert)$44,660$21.5

Detailed Residential Advisors Market Analysis

Relocation Context

Nominal Salary

$33,390

Gross Pay

Real Wage (Purchasing Power)

$36,936

Adjusted for COL (90.4)

The nominal salary of $33,390 in Tennessee is positioned favorably against the local Cost of Living Index of 90.4. This index, being below the national average of 100, suggests that the purchasing power of a Residential Advisor's salary in Tennessee may offer a relatively comfortable standard of living compared to more expensive regions.

Job Market Context

3,220

Total Jobs

0.984

Per 1K Jobs

1.83

Location Quotient

Major Hub

Tennessee has 1.8x 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.

A Location Quotient of 1.83 for Residential Advisors in Tennessee signifies a substantial concentration of these jobs relative to the national average. This indicates that the job market in Tennessee is more abundant with Residential Advisor positions than in many other states, potentially leading to greater job availability and a more competitive environment for employers.

Nearby Job Markets

Nearby Cities for Residential Advisors

Comparing salaries near Tennessee

Hiring Residential Advisorss?

Frequently Asked Questions

How much does a Residential Advisors make in Tennessee?

The median annual salary for a Residential Advisors in Tennessee is $33,390. This typically ranges from $24,550 for entry-level positions to $44,660 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Tennessee is 19.2% lower than the national median of $41,320.

Is Tennessee a lucrative place for Residential Advisors?

No, but cost of living offers value.Tennessee offers a lower average salary for Residential Advisors compared to the national average. However, the state's below-average cost of living helps to offset this difference, potentially improving real wages.

Is Tennessee a good place to live for Residential Advisors?

With a Cost of Living Index of 90.4 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Tennessee?

Some top paying nearby cities include Nashville-Davidson--Murfreesboro--Franklin, TN ($34,920) and Huntsville, AL.

How does Tennessee's Residential Advisor salary compare to the national average?

The average annual salary for Residential Advisors in Tennessee is $33,390, which is significantly lower than the national average of $41,320.

What is the concentration of Residential Advisors in Tennessee?

Tennessee has a concentration of Residential Advisors that is 1.83 times the national average, indicating a higher prevalence of these roles within the state's workforce.

How does the cost of living in Tennessee affect the Residential Advisor salary?

With a Cost of Living Index of 90.4, Tennessee is more affordable than the national average. This means that the $33,390 salary may provide a comparable or even better standard of living than a higher salary in a more expensive state.

What does the job market look like for Residential Advisors in Tennessee?

The job market for Residential Advisors in Tennessee appears robust, with a local workforce of 3,220 and a high concentration (LQ of 1.83), suggesting strong demand and job availability.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,220 employees in the Tennessee area with a job density of 0.984 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.