Average Speech-Language Pathologists Salary in Lexington-Fayette, KY
Speech-Language Pathologists in Lexington-Fayette, KY earn an average annual salary of $86,280. This figure is notably below the national average of $101,660, suggesting that local market dynamics, such as demand and the cost of living, play a significant role in compensation levels within this region.
Executive Summary
- Average Salary: $86,280 per year.
- Growth Trend: Salaries have shifted 18.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $108,120.
- Outlook: The job market for Speech-Language Pathologists in Lexington-Fayette, KY, appears stable, with a local workforce of 330 professionals. A Location Quotient of 1.0 indicates that the concentration of these professionals is on par with the national average, suggesting a balanced demand and supply within the area.
Salary Overview
The average Speech-Language Pathologists in Lexington-Fayette, KY earns-15.1%below the national average.
$41.5
$1,659
$7,190
Speech-Language Pathologists Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Speech-Language Pathologists in Lexington-Fayette, KY, have seen a gradual increase over the past four years, mirroring national trends of rising healthcare professional wages driven by increasing demand and inflation.
Speech-Language Pathologists Salary Distribution in Lexington-Fayette, KY
Career progression for Speech-Language Pathologists in Lexington-Fayette, KY, typically involves a salary increase with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles, reflecting a clear path for career advancement and earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $65,230 | $31.4 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $64,710 | $31.1 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $84,780 | $40.8 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $107,850 | $51.9 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $108,120 | $52 |
Detailed Speech-Language Pathologists Market Analysis
Relocation Context
Nominal Salary
$86,280
Gross Pay
Real Wage (Purchasing Power)
$86,280
Adjusted for COL (100)
With an average annual salary of $86,280 and a Cost of Living Index of 100 (which is the national average), Speech-Language Pathologists relocating to Lexington-Fayette, KY, can expect their nominal income to align closely with the national purchasing power. This means that while the salary is below the national average, the cost of living does not disproportionately erode its value.
Job Market Context
330
Total Jobs
1.157
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Lexington-Fayette, KY has a slightly higher-than-average concentration of Speech-Language Pathologists roles compared to the national norm.
A Location Quotient of 1.0 for Speech-Language Pathologists in Lexington-Fayette, KY, signifies that the employment concentration is precisely at the national average. This suggests that the job market is neither significantly saturated nor experiencing an acute shortage of professionals, indicating a steady and predictable employment landscape for the role.
Nearby Job Markets
Nearby Cities for Speech-Language Pathologists
| City | Salary | Dist. |
|---|---|---|
| Central Kentucky nonmetropolitan area Speech-Language Pathologists Salary | $81,340↓ 6% | 28 mi |
| South Central Kentucky nonmetropolitan area Speech-Language Pathologists Salary | $77,370↓ 10% | 28 mi |
| West Kentucky nonmetropolitan area Speech-Language Pathologists Salary | $78,720↓ 9% | 28 mi |
| East Kentucky nonmetropolitan area Speech-Language Pathologists Salary | $75,610↓ 12% | 28 mi |
| Louisville/Jefferson County, KY-IN Speech-Language Pathologists Salary | $96,120↑ 11% | 72 mi |
Comparing salaries near Lexington-Fayette, KY
Hiring Speech-Language Pathologistss?
Frequently Asked Questions
How much does a Speech-Language Pathologists make in Lexington-Fayette, KY?
The median annual salary for a Speech-Language Pathologists in Lexington-Fayette, KY is $86,280. This typically ranges from $65,230 for entry-level positions to $108,120 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lexington-Fayette, KY is 15.1% lower than the national median of $101,660.
Is Lexington-Fayette, KY a lucrative place for Speech-Language Pathologists?
No, not exceptionally lucrative compared to the national average.The average salary of $86,280 is below the national average of $101,660, although the cost of living is at the national average, making the purchasing power comparable.
Is Lexington-Fayette, KY a good place to live for Speech-Language Pathologists?
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 ($81,340) and South Central Kentucky nonmetropolitan area.
What is the average salary for a Speech-Language Pathologist in Lexington-Fayette, KY?
The average annual salary for a Speech-Language Pathologist in Lexington-Fayette, KY is $86,280.
How does the salary compare to the national average?
The average salary in Lexington-Fayette, KY ($86,280) is lower than the national average salary of $101,660.
What is the cost of living in Lexington-Fayette, KY?
The Cost of Living Index in Lexington-Fayette, KY is 100, which is equivalent to the national average.
How concentrated is the Speech-Language Pathologist workforce in Lexington-Fayette, KY?
The Location Quotient is 1.0, indicating that the concentration of Speech-Language Pathologists in Lexington-Fayette, KY is the same as 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 330 employees in the Lexington-Fayette, KY area with a job density of 1.157 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Speech-Language Pathologists Salaries by State
Top Jobs in Lexington-Fayette, KY
- All Occupations Salary in Lexington-Fayette, KY
- Office and Administrative Support Occupations Salary in Lexington-Fayette, KY
- Food Preparation and Serving Related Occupations Salary in Lexington-Fayette, KY
- Transportation and Material Moving Occupations Salary in Lexington-Fayette, KY
- Production Occupations Salary in Lexington-Fayette, KY
- Healthcare Practitioners and Technical Occupations Salary in Lexington-Fayette, KY
- Sales and Related Occupations Salary in Lexington-Fayette, KY
- Management Occupations Salary in Lexington-Fayette, KY
- Educational Instruction and Library Occupations Salary in Lexington-Fayette, KY
- Business and Financial Operations Occupations Salary in Lexington-Fayette, KY
- Browse All Jobs in Lexington-Fayette, KY →
Semantic Salary Analysis for Speech-Language Pathologists • Data source: BLS OEWS 2024 •Jobs in Lexington-Fayette, KY