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Average Residential Advisors Salary in Texas

Residential Advisors in Texas earn an average annual salary of $37,790, which is notably below the national average of $41,320. This disparity can be attributed to a combination of factors, including the state's specific economic landscape, the demand for these roles within Texas, and potentially a lower cost of living compared to other regions.

Executive Summary

  • Average Salary: $37,790 per year.
  • Growth Trend: Salaries have shifted 25.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $54,100.
  • Outlook: With a local workforce of 3,120 Residential Advisors and a Location Quotient of 0.42, the job market in Texas indicates a lower concentration of these roles compared to the national average. While the absolute number of jobs suggests a presence, the lower concentration implies that demand might not be as robust as in other states, potentially leading to more competition for available positions.
2024 Market Data

Salary Overview

$37,790

The average Residential Advisors in Texas earns-8.5%below the national average.

BreakdownBased on 40h/week
Hourly

$18.2

Weekly

$727

Monthly

$3,149

Residential Advisors Salary Distribution in Texas

The salary progression for Residential Advisors typically scales with experience. Entry-level positions often start at the lower end of the pay scale, while senior or lead Residential Advisors, with several years of dedicated service and proven expertise, can command significantly higher salaries. The percentile distribution of salaries, though not detailed here, would illustrate these gaps, signifying clear career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$24,950$12
ExperiencedProficient professional working independently.25% (Junior)$28,343$13.6
Mid-LevelEstablished expert. Standard market value.50% (Median)$37,180$17.9
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$47,238$22.7
Top TierIndustry leader / Executive level compensation.90% (Expert)$54,100$26

Detailed Residential Advisors Market Analysis

Relocation Context

Nominal Salary

$37,790

Gross Pay

Real Wage (Purchasing Power)

$40,634

Adjusted for COL (93)

The nominal average salary of $37,790 in Texas needs to be viewed through the lens of its Cost of Living Index of 93. Since this index is below the national average of 100, the purchasing power of a Texas-based Residential Advisor's salary is relatively stronger than the raw number might suggest, meaning everyday expenses are generally more affordable.

Job Market Context

3,120

Total Jobs

0.225

Per 1K Jobs

0.42

Location Quotient

Low Concentration

At 0.42x, Texas has a notably lower concentration of Residential Advisors jobs than the national average. Opportunities in this area are relatively scarce for this profession.

The Location Quotient of 0.42 for Residential Advisors in Texas signifies that this profession is less concentrated in the state compared to the national average. This suggests that while the role exists, it is not a dominant employment sector within Texas, potentially indicating a less saturated market but also possibly lower overall demand relative to other states.

Nearby Job Markets

Nearby Cities for Residential Advisors

Comparing salaries near Texas

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Frequently Asked Questions

How much does a Residential Advisors make in Texas?

The median annual salary for a Residential Advisors in Texas is $37,790. This typically ranges from $24,950 for entry-level positions to $54,100 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Texas is 8.5% lower than the national median of $41,320.

Is Texas a lucrative place for Residential Advisors?

No, Texas is not currently a highly lucrative place for Residential Advisors based on average salary.The average annual salary of $37,790 is below the national average, and the concentration of these jobs (Location Quotient of 0.42) is also lower than the national benchmark.

Is Texas a good place to live for Residential Advisors?

With a Cost of Living Index of 93 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Texas?

Some top paying nearby cities include Killeen-Temple, TX ($36,560) and Waco, TX.

How does the Texas salary compare to the national average?

The average annual salary for Residential Advisors in Texas is $37,790, which is $3,530 less than the national average of $41,320.

What is the Cost of Living in Texas relative to the national average?

Texas has a Cost of Living Index of 93, meaning it is 7% cheaper to live in Texas than the national average (where 100 is the national average).

How many Residential Advisors are there in Texas?

There are approximately 3,120 Residential Advisors working in Texas.

Is the job market for Residential Advisors strong in Texas?

The market shows a lower concentration of Residential Advisors compared to the national average (Location Quotient of 0.42), suggesting it may not be as robust or in high demand as in other states.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,120 employees in the Texas area with a job density of 0.225 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.