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Average Residential Advisors Salary in Western North Carolina nonmetropolitan area

Residential Advisors in the Western North Carolina nonmetropolitan area earn an average annual salary of $37,420. This figure is notably below the national average of $41,320, suggesting that regional economic factors and demand dynamics play a significant role in compensation for this role within this specific locale.

Executive Summary

  • Average Salary: $37,420 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $49,970.
  • Outlook: The local job market for Residential Advisors in Western North Carolina appears robust, with a total workforce of 240 individuals. The location quotient of 1.73 indicates a concentration of these roles significantly higher than the national average, signaling a strong local demand and a specialized job market that favors those in the profession.
2024 Market Data

Salary Overview

$37,420

The average Residential Advisors in Western North Carolina nonmetropolitan area earns-9.4%below the national average.

BreakdownBased on 40h/week
Hourly

$18

Weekly

$720

Monthly

$3,118

Residential Advisors Salary Distribution in Western North Carolina nonmetropolitan area

Career progression for Residential Advisors typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior or lead Residential Advisors, with extensive experience and specialized skills, can command salaries significantly higher than the average. The percentile distribution of salaries would illustrate these earning potentials and the clear career ladder available.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$22,280$10.7
ExperiencedProficient professional working independently.25% (Junior)$28,065$13.5
Mid-LevelEstablished expert. Standard market value.50% (Median)$36,290$17.4
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$46,775$22.5
Top TierIndustry leader / Executive level compensation.90% (Expert)$49,970$24

Detailed Residential Advisors Market Analysis

Relocation Context

Nominal Salary

$37,420

Gross Pay

Real Wage (Purchasing Power)

$37,420

Adjusted for COL (100)

The average annual salary of $37,420 in Western North Carolina aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income is likely comparable to what one might expect in a typical U.S. locale, making relocation financially neutral from a cost-of-living perspective.

Job Market Context

240

Total Jobs

0.929

Per 1K Jobs

1.73

Location Quotient

Major Hub

Western North Carolina nonmetropolitan area has 1.7x 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.

With a location quotient of 1.73, Western North Carolina exhibits a significantly higher concentration of Residential Advisor positions compared to the national average. This suggests a specialized and potentially competitive market where employers may actively seek out candidates with relevant experience, and the demand for these services is more pronounced than in other regions.

Nearby Job Markets

Nearby Cities for Residential Advisors

Comparing salaries near Western North Carolina nonmetropolitan area

Hiring Residential Advisorss?

Frequently Asked Questions

How much does a Residential Advisors make in Western North Carolina nonmetropolitan area?

The median annual salary for a Residential Advisors in Western North Carolina nonmetropolitan area is $37,420. This typically ranges from $22,280 for entry-level positions to $49,970 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Western North Carolina nonmetropolitan area is 9.4% lower than the national median of $41,320.

Is Western North Carolina nonmetropolitan area a lucrative place for Residential Advisors?

No, not exceptionally lucrative compared to the national average.The average salary of $37,420 is below the national average of $41,320, although the cost of living is on par with the national average.

Is Western North Carolina nonmetropolitan area a good place to live for Residential Advisors?

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

Where are the highest paying cities near Western North Carolina nonmetropolitan area?

Some top paying nearby cities include Greensboro-High Point, NC ($36,860) and Burlington, NC.

How does the number of Residential Advisors in Western North Carolina compare nationally?

With 0.929 jobs per 1,000 workers, the density of Residential Advisor roles in this nonmetropolitan area is higher than the national average, indicating a greater prevalence of these positions locally.

What does a Location Quotient of 1.73 mean for Residential Advisors in WNC?

A Location Quotient of 1.73 signifies that Residential Advisor jobs are 73% more concentrated in Western North Carolina than the national average, pointing to a specialized local job market.

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

The Cost of Living Index being 100 means that the $37,420 salary has the same purchasing power as the national average, balancing out the lower nominal wage.

Is the job market for Residential Advisors growing in Western North Carolina?

While specific growth rates aren't provided, the high location quotient suggests a stable to potentially growing demand for Residential Advisors in this region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Western North Carolina nonmetropolitan area area with a job density of 0.929 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.