SalaryNode

Average Shipping, Receiving, and Inventory Clerks Salary in Lexington-Fayette, KY

In Lexington-Fayette, KY, Shipping, Receiving, and Inventory Clerks earn an average annual salary of $42,220. This figure is slightly below the national average of $44,680, reflecting a localized compensation structure influenced by regional economic factors and the specific demand within the area's logistics sector. The cost of living in Lexington-Fayette is precisely at the national average, making the nominal salary a direct indicator of purchasing power.

Executive Summary

  • Average Salary: $42,220 per year.
  • Growth Trend: Salaries have shifted 4.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $55,320.
  • Outlook: The job market for Shipping, Receiving, and Inventory Clerks in Lexington-Fayette, KY, appears stable, with a total local workforce of 1,680 individuals in this role. The Location Quotient of 1.07 suggests a slightly higher concentration of these jobs compared to the national average, indicating a steady demand that aligns with or slightly exceeds national employment patterns for this occupation.
2024 Market Data

Salary Overview

$42,220

The average Shipping, Receiving, and Inventory Clerks in Lexington-Fayette, KY earns-5.5%below the national average.

BreakdownBased on 40h/week
Hourly

$20.3

Weekly

$812

Monthly

$3,518

Shipping, Receiving, and Inventory Clerks Salary Distribution in Lexington-Fayette, KY

Career progression for Shipping, Receiving, and Inventory Clerks typically involves a salary increase with experience. Entry-level positions may start at a lower percentile, while senior clerks with extensive experience and specialized skills can command salaries in the higher percentiles. The salary distribution in Lexington-Fayette, KY, would likely show a widening gap between entry-level and senior roles, signifying clear opportunities for advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$31,500$15.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$31,665$15.2
ManagerOversees team, compliance, and project delivery.50% (Median)$40,270$19.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$52,775$25.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$55,320$26.6

Detailed Shipping, Receiving, and Inventory Clerks Market Analysis

Relocation Context

Nominal Salary

$42,220

Gross Pay

Real Wage (Purchasing Power)

$42,220

Adjusted for COL (100)

With a Cost of Living Index of 100, the average annual salary of $42,220 for Shipping, Receiving, and Inventory Clerks in Lexington-Fayette, KY, offers a purchasing power that is directly comparable to the national average. This means that the nominal income translates effectively into real economic value, without significant gains or losses due to local price levels.

Job Market Context

1,680

Total Jobs

5.937

Per 1K Jobs

1.07

Location Quotient

Above Average

With a location quotient of 1.07, Lexington-Fayette, KY has a slightly higher-than-average concentration of Shipping, Receiving, and Inventory Clerks roles compared to the national norm.

The Location Quotient of 1.07 for Shipping, Receiving, and Inventory Clerks in Lexington-Fayette, KY, indicates a job market that is slightly more concentrated than the national average. This suggests a healthy demand for these roles within the region, potentially offering more opportunities or a slightly more competitive environment for job seekers compared to areas with a lower LQ.

Nearby Job Markets

Frequently Asked Questions

How much does a Shipping, Receiving, and Inventory Clerks make in Lexington-Fayette, KY?

The median annual salary for a Shipping, Receiving, and Inventory Clerks in Lexington-Fayette, KY is $42,220. This typically ranges from $31,500 for entry-level positions to $55,320 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lexington-Fayette, KY is 5.5% lower than the national median of $44,680.

Is Lexington-Fayette, KY a lucrative place for Shipping, Receiving, and Inventory Clerks?

Moderately lucrative, with average earnings matching the national cost of living.The average salary of $42,220 is slightly below the national average, but with a cost of living index of 100, the purchasing power is on par with the national average.

Is Lexington-Fayette, KY a good place to live for Shipping, Receiving, and Inventory Clerks?

The Cost of Living Index in Lexington-Fayette, KY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lexington-Fayette, KY?

Some top paying nearby cities include Central Kentucky nonmetropolitan area ($40,430) and South Central Kentucky nonmetropolitan area.

How does the Lexington-Fayette, KY salary compare to the national average?

The average salary for Shipping, Receiving, and Inventory Clerks in Lexington-Fayette, KY, is $42,220, which is slightly lower than the national average of $44,680.

What is the significance of the Location Quotient (LQ) in Lexington-Fayette, KY?

An LQ of 1.07 means that Shipping, Receiving, and Inventory Clerk jobs are slightly more concentrated in Lexington-Fayette, KY, than the national average, suggesting a stable or slightly elevated demand for these roles.

How does the cost of living in Lexington-Fayette, KY, affect the salary?

The cost of living in Lexington-Fayette, KY, is exactly at the national average (100), meaning the $42,220 salary offers purchasing power equivalent to the national average.

What is the total number of Shipping, Receiving, and Inventory Clerks in Lexington-Fayette, KY?

There are approximately 1,680 Shipping, Receiving, and Inventory Clerks employed in the Lexington-Fayette, KY area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,680 employees in the Lexington-Fayette, KY area with a job density of 5.937 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.