Average Security Guards Salary in Elkhart-Goshen, IN
Security Guards in Elkhart-Goshen, IN earn an average annual salary of $42,510, which is slightly above the national average of $42,450. This marginal difference suggests that local economic factors and demand within the Elkhart-Goshen area are closely aligned with national trends for this profession. The stability in pay indicates a consistent need for security personnel across various sectors in the region.
Executive Summary
- Average Salary: $42,510 per year.
- Growth Trend: Salaries have shifted 48.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $62,520.
- Outlook: The Elkhart-Goshen, IN labor market for Security Guards is characterized by a local workforce of 510 individuals. With a Location Quotient of 0.49, the concentration of Security Guards in this area is below the national average, indicating a less saturated market relative to other professions. This suggests a steady, albeit not exceptionally high, demand for these services within the region.
Salary Overview
The average Security Guards in Elkhart-Goshen, IN earns+0.1%above the national average.
$20.4
$818
$3,543
Security Guards Salary Trends (2020-2024)
While specific historical data for Elkhart-Goshen's Security Guard salaries over the past four years is not provided, it is reasonable to assume a general trend of salary growth mirroring national patterns. Economic shifts, inflation, and evolving security needs typically drive incremental increases in compensation for essential roles like Security Guards, ensuring their pay remains competitive over time.
Security Guards Salary Distribution in Elkhart-Goshen, IN
As Security Guards gain experience, their earning potential typically increases. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with specialized skills or supervisory responsibilities can command higher salaries. The percentile gaps in salary distribution signify clear career progression pathways, rewarding dedication, acquired expertise, and increased responsibility within the security field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Cadet / RecruitAcademy training and probationary period. | 10% (Entry) | $30,830 | $14.8 |
| OfficerPatrol duties, handling standard calls. | 25% (Junior) | $31,883 | $15.3 |
| Senior OfficerField training officer, specialized unit. | 50% (Median) | $36,040 | $17.3 |
| Sergeant / Lt.Shift supervisor, squad leader. | 75% (Senior) | $53,138 | $25.5 |
| Captain / ChiefDepartment command and administration. | 90% (Expert) | $62,520 | $30.1 |
Detailed Security Guards Market Analysis
Relocation Context
Nominal Salary
$42,510
Gross Pay
Real Wage (Purchasing Power)
$42,510
Adjusted for COL (100)
The nominal average annual salary for Security Guards in Elkhart-Goshen, IN is $42,510. With a Cost of Living Index of 100, which is precisely the national average, this salary offers purchasing power that is directly in line with the typical American lifestyle. This means that the earnings of a Security Guard in Elkhart-Goshen can support a standard of living comparable to the national benchmark.
Job Market Context
510
Total Jobs
3.964
Per 1K Jobs
0.49
Location Quotient
At 0.49x, Elkhart-Goshen, IN has a notably lower concentration of Security Guards jobs than the national average. Opportunities in this area are relatively scarce for this profession.
The Location Quotient of 0.49 for Security Guards in Elkhart-Goshen, IN indicates that this profession is less concentrated here than the national average. This suggests that while there is a stable presence of Security Guards, the market is not oversaturated. Employers may find a moderate pool of candidates, and the competitive landscape for hiring might be less intense compared to areas with higher concentration.
Nearby Job Markets
Nearby Cities for Security Guards
| City | Salary | Dist. |
|---|---|---|
| South Bend-Mishawaka, IN-MI Security Guards Salary | $40,070↓ 6% | 16 mi |
| Niles, MI Security Guards Salary | $40,720↓ 4% | 18 mi |
| Kalamazoo-Portage, MI Security Guards Salary | $39,730↓ 7% | 45 mi |
| Michigan City-La Porte, IN Security Guards Salary | $38,490↓ 9% | 47 mi |
| Battle Creek, MI Security Guards Salary | $39,780↓ 6% | 56 mi |
Comparing salaries near Elkhart-Goshen, IN
Hiring Security Guardss?
Frequently Asked Questions
How much does a Security Guards make in Elkhart-Goshen, IN?
The median annual salary for a Security Guards in Elkhart-Goshen, IN is $42,510. This typically ranges from $30,830 for entry-level positions to $62,520 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Elkhart-Goshen, IN is 0.1% higher than the national median of $42,450.
Is Elkhart-Goshen, IN a lucrative place for Security Guards?
No, not significantly more lucrative than the national average.The average salary is only slightly above the national average, and the cost of living is exactly at the national average, offering no substantial financial advantage for relocation based on salary alone.
Is Elkhart-Goshen, IN a good place to live for Security Guards?
The Cost of Living Index in Elkhart-Goshen, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Elkhart-Goshen, IN?
Some top paying nearby cities include South Bend-Mishawaka, IN-MI ($40,070) and Niles, MI.
How does the Elkhart-Goshen Security Guard salary compare to the national average?
The average annual salary for Security Guards in Elkhart-Goshen, IN is $42,510, which is marginally higher than the national average of $42,450.
What is the concentration of Security Guards in Elkhart-Goshen, IN?
The Location Quotient for Security Guards in Elkhart-Goshen, IN is 0.49, meaning the profession is less concentrated in this area compared to the national average.
How does the cost of living in Elkhart-Goshen, IN affect Security Guard salaries?
The Cost of Living Index in Elkhart-Goshen, IN is 100, which is the national average. This means the $42,510 salary has purchasing power equivalent to the national average.
What does a Location Quotient of 0.49 imply for the job market?
A Location Quotient below 1.0, like 0.49, suggests that Security Guards are less prevalent in Elkhart-Goshen, IN relative to the national distribution of the workforce, potentially indicating a less competitive hiring environment.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 510 employees in the Elkhart-Goshen, IN area with a job density of 3.964 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Security Guards • Data source: BLS OEWS 2024 •Jobs in Elkhart-Goshen, IN