SalaryNode

Average Security Guards Salary in Saginaw, MI

Security Guards in Saginaw, MI, earn an average annual salary of $42,000. This figure is slightly below the national average of $42,450, indicating a localized pay scale that reflects regional economic factors and demand within the Saginaw metropolitan area. While close to the national benchmark, minor discrepancies often arise due to local market dynamics.

Executive Summary

  • Average Salary: $42,000 per year.
  • Growth Trend: Salaries have shifted 29.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $61,600.
  • Outlook: The Saginaw, MI job market for Security Guards is characterized by a total local workforce of 220 individuals. With a Location Quotient of 0.34, the concentration of Security Guards in Saginaw is notably lower than the national average, suggesting a less saturated market relative to other professions. The presence of 2.709 jobs per 1,000 workers indicates a steady, albeit not exceptionally high, demand for these essential services within the community.
2024 Market Data

Salary Overview

$42,000

The average Security Guards in Saginaw, MI earns-1.1%below the national average.

BreakdownBased on 40h/week
Hourly

$20.2

Weekly

$808

Monthly

$3,500

Security Guards Salary Distribution in Saginaw, MI

Salary progression for Security Guards in Saginaw, MI, typically correlates with experience and specialized skills. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with extensive experience, supervisory responsibilities, or certifications in areas like surveillance technology or emergency response can command significantly higher salaries, often reaching into the upper percentiles.

Experience LevelMarket PercentileAnnual WageHourly Rate
Cadet / RecruitAcademy training and probationary period.10% (Entry)$30,220$14.5
OfficerPatrol duties, handling standard calls.25% (Junior)$31,500$15.1
Senior OfficerField training officer, specialized unit.50% (Median)$40,790$19.6
Sergeant / Lt.Shift supervisor, squad leader.75% (Senior)$52,500$25.2
Captain / ChiefDepartment command and administration.90% (Expert)$61,600$29.6

Detailed Security Guards Market Analysis

Relocation Context

Nominal Salary

$42,000

Gross Pay

Real Wage (Purchasing Power)

$42,000

Adjusted for COL (100)

The average annual salary of $42,000 for Security Guards in Saginaw, MI, aligns perfectly with the local Cost of Living Index of 100, which represents the national average. This means that the purchasing power of a Security Guard's salary in Saginaw is equivalent to the national average, offering a stable financial environment without the pressure of significantly higher or lower living expenses.

Job Market Context

220

Total Jobs

2.709

Per 1K Jobs

0.34

Location Quotient

Low Concentration

At 0.34x, Saginaw, MI 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 0.34 for Security Guards in Saginaw, MI, signifies that this profession is less concentrated locally compared to the national average. This suggests that while there is a consistent need for security personnel, the market is not oversaturated, potentially offering stable employment opportunities for qualified individuals without intense competition from a large existing workforce.

Nearby Job Markets

Nearby Cities for Security Guards

Comparing salaries near Saginaw, MI

Hiring Security Guardss?

Frequently Asked Questions

How much does a Security Guards make in Saginaw, MI?

The median annual salary for a Security Guards in Saginaw, MI is $42,000. This typically ranges from $30,220 for entry-level positions to $61,600 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Saginaw, MI is 1.1% lower than the national median of $42,450.

Is Saginaw, MI a lucrative place for Security Guards?

No, not exceptionally lucrative, but stable.The average salary of $42,000 is slightly below the national average, and the cost of living is exactly at the national average. This indicates a stable but not high-paying market for Security Guards in Saginaw.

Is Saginaw, MI a good place to live for Security Guards?

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

Where are the highest paying cities near Saginaw, MI?

Some top paying nearby cities include Bay City, MI ($34,420) and Midland, MI.

How does Saginaw's Security Guard salary compare to the national average?

The average annual salary for Security Guards in Saginaw, MI is $42,000, which is slightly lower than the national average of $42,450.

What is the concentration of Security Guards in Saginaw, MI?

Saginaw, MI has a Location Quotient of 0.34 for Security Guards, meaning the profession is less concentrated locally than the national average.

Does the cost of living in Saginaw affect the Security Guard salary?

No, the cost of living in Saginaw is at the national average (100), so the $42,000 salary has the equivalent purchasing power as the national average salary.

How many Security Guards are employed in Saginaw, MI?

There are approximately 220 Security Guards employed in Saginaw, MI, with about 2.709 jobs per 1,000 workers in the area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Saginaw, MI area with a job density of 2.709 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.