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Average Security Guards Salary in Madison, WI

Security Guards in Madison, WI, earn an average annual salary of $45,220, which is notably higher than the national average of $42,450. This elevated compensation reflects the specific economic conditions and demand drivers within the Madison metropolitan area, influencing the pay structure for this vital profession.

Executive Summary

  • Average Salary: $45,220 per year.
  • Growth Trend: Salaries have shifted 20.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $62,880.
  • Outlook: With a local workforce of 1,240 Security Guards, Madison, WI, presents a stable employment landscape for these professionals. The location quotient of 0.38 suggests a slightly lower concentration compared to the national average, indicating a potentially steady demand relative to the workforce size, rather than an oversaturated market.
2024 Market Data

Salary Overview

$45,220

The average Security Guards in Madison, WI earns+6.5%above the national average.

BreakdownBased on 40h/week
Hourly

$21.7

Weekly

$870

Monthly

$3,768

Security Guards Salary Distribution in Madison, WI

Career progression for Security Guards typically involves a salary increase tied to experience and responsibility. Entry-level positions might start closer to the lower end of the pay scale, while senior guards with specialized skills or supervisory roles can command salaries significantly above the average, reflecting the percentile gaps in compensation.

Experience LevelMarket PercentileAnnual WageHourly Rate
Cadet / RecruitAcademy training and probationary period.10% (Entry)$31,180$15
OfficerPatrol duties, handling standard calls.25% (Junior)$33,915$16.3
Senior OfficerField training officer, specialized unit.50% (Median)$43,480$20.9
Sergeant / Lt.Shift supervisor, squad leader.75% (Senior)$56,525$27.2
Captain / ChiefDepartment command and administration.90% (Expert)$62,880$30.2

Detailed Security Guards Market Analysis

Relocation Context

Nominal Salary

$45,220

Gross Pay

Real Wage (Purchasing Power)

$45,220

Adjusted for COL (100)

The average annual salary of $45,220 in Madison, WI, aligns perfectly with the local Cost of Living Index of 100, which is the national benchmark. This means that the purchasing power of a Security Guard's salary in Madison is equivalent to the national average, offering a stable financial standing without significant gains or losses in real terms.

Job Market Context

1,240

Total Jobs

3.049

Per 1K Jobs

0.38

Location Quotient

Low Concentration

At 0.38x, Madison, WI has a notably lower concentration of Security Guards jobs than the national average. Opportunities in this area are relatively scarce for this profession.

A location quotient of 0.38 for Security Guards in Madison, WI, indicates that this profession is less concentrated locally than the national average. This suggests that while the job exists, it may not be as prevalent a career path as in other regions, potentially leading to a competitive job market for skilled individuals seeking employment.

Nearby Job Markets

Nearby Cities for Security Guards

Comparing salaries near Madison, WI

Hiring Security Guardss?

Frequently Asked Questions

How much does a Security Guards make in Madison, WI?

The median annual salary for a Security Guards in Madison, WI is $45,220. This typically ranges from $31,180 for entry-level positions to $62,880 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Madison, WI is 6.5% higher than the national median of $42,450.

Is Madison, WI a lucrative place for Security Guards?

Yes, moderately so.Security Guards in Madison, WI, earn above the national average salary. However, the cost of living is also at the national average, meaning the increased pay offers standard purchasing power.

Is Madison, WI a good place to live for Security Guards?

The Cost of Living Index in Madison, WI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Madison, WI?

Some top paying nearby cities include Janesville-Beloit, WI ($42,270) and Rockford, IL.

How does Madison, WI compare to the national average for Security Guard salaries?

Security Guards in Madison, WI, earn an average of $45,220 annually, which is $2,770 more than the national average of $42,450.

What is the concentration of Security Guards in Madison, WI?

The location quotient for Security Guards in Madison, WI, is 0.38, meaning the profession is less concentrated locally compared to the national average.

How many Security Guards are employed in Madison, WI?

There are approximately 1,240 Security Guards employed in Madison, WI, representing 3.049 jobs per 1,000 workers.

Does the cost of living in Madison, WI affect Security Guard salaries?

The cost of living in Madison, WI, is exactly at the national average (100). Therefore, the higher-than-average salary of $45,220 provides purchasing power equivalent to the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,240 employees in the Madison, WI area with a job density of 3.049 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.