Average Security Guards Salary in Waco, TX
Security Guards in Waco, Texas, earn an average annual salary of $35,070. This figure falls below the national average of $42,450, reflecting localized economic factors and demand specific to the Waco metropolitan area. The prevailing wage in Waco is influenced by the regional job market dynamics and the overall cost of labor within the state.
Executive Summary
- Average Salary: $35,070 per year.
- Growth Trend: Salaries have shifted 16.6% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $48,060.
- Outlook: Waco, TX, supports a local workforce of approximately 600 Security Guards. With a Location Quotient of 0.57, the concentration of these roles is lower than the national average, suggesting a less saturated market relative to other professions. The presence of 4.63 jobs per 1,000 workers indicates a steady, albeit not exceptionally high, demand for security personnel within the region.
Salary Overview
The average Security Guards in Waco, TX earns-17.4%below the national average.
$16.9
$674
$2,923
Security Guards Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Security Guards in Waco, TX, have seen incremental growth over the past four years, mirroring broader economic trends and inflation. This gradual increase is typical for roles that require consistent vigilance and responsibility, with employers adjusting compensation to retain qualified personnel.
Security Guards Salary Distribution in Waco, TX
Salary progression for Security Guards in Waco, TX, is typically tied to experience and demonstrated skill. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized certifications can command significantly higher salaries. The percentile gaps in earnings clearly signify opportunities for career advancement and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Cadet / RecruitAcademy training and probationary period. | 10% (Entry) | $21,920 | $10.5 |
| OfficerPatrol duties, handling standard calls. | 25% (Junior) | $26,303 | $12.6 |
| Senior OfficerField training officer, specialized unit. | 50% (Median) | $30,350 | $14.6 |
| Sergeant / Lt.Shift supervisor, squad leader. | 75% (Senior) | $43,838 | $21.1 |
| Captain / ChiefDepartment command and administration. | 90% (Expert) | $48,060 | $23.1 |
Detailed Security Guards Market Analysis
Relocation Context
Nominal Salary
$35,070
Gross Pay
Real Wage (Purchasing Power)
$35,070
Adjusted for COL (100)
The average annual salary of $35,070 in Waco, TX, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of a Security Guard's salary in Waco is equivalent to the national average, offering a stable financial environment without significant advantages or disadvantages related to living expenses.
Job Market Context
600
Total Jobs
4.63
Per 1K Jobs
0.57
Location Quotient
Waco, TX has 0.57x the national average concentration of Security Guards jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
Waco, TX, exhibits a Location Quotient of 0.57 for Security Guards, indicating that the 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 those entering or established in the field.
Nearby Job Markets
Nearby Cities for Security Guards
| City | Salary | Dist. |
|---|---|---|
| North Region of Texas nonmetropolitan area Security Guards Salary | $38,780↑ 11% | 41 mi |
| Northwestern Region of Texas nonmetropolitan area Security Guards Salary | $35,970↑ 3% | 41 mi |
| Hill Country Region of Texas nonmetropolitan area Security Guards Salary | $38,840↑ 11% | 41 mi |
| Coastal Plains Region of Texas nonmetropolitan area Security Guards Salary | $40,910↑ 17% | 41 mi |
| Eastern Region of Texas nonmetropolitan area Security Guards Salary | $47,910↑ 37% | 41 mi |
Comparing salaries near Waco, TX
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Frequently Asked Questions
How much does a Security Guards make in Waco, TX?
The median annual salary for a Security Guards in Waco, TX is $35,070. This typically ranges from $21,920 for entry-level positions to $48,060 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Waco, TX is 17.4% lower than the national median of $42,450.
Is Waco, TX a lucrative place for Security Guards?
No, not exceptionally lucrative.While the cost of living is average, the average salary for Security Guards in Waco, TX, is notably below the national average, suggesting limited earning potential compared to other regions.
Is Waco, TX a good place to live for Security Guards?
The Cost of Living Index in Waco, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Waco, TX?
Some top paying nearby cities include North Region of Texas nonmetropolitan area ($38,780) and Northwestern Region of Texas nonmetropolitan area.
How does Waco's Security Guard salary compare to the national average?
The average annual salary for Security Guards in Waco, TX, is $35,070, which is approximately $7,380 less than the national average of $42,450.
What is the concentration of Security Guards in Waco, TX?
Waco, TX has a Location Quotient of 0.57 for Security Guards, meaning the profession is less concentrated locally than the national average.
Does the cost of living in Waco affect the Security Guard salary?
The cost of living in Waco is at the national average (100), meaning the $35,070 salary has average purchasing power locally.
How many Security Guards are there in Waco, TX?
Waco, TX has a local workforce of approximately 600 Security Guards.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 600 employees in the Waco, TX area with a job density of 4.63 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 Waco, TX