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Average Statistical Assistants Salary in Louisville/Jefferson County, KY-IN

Statistical Assistants in Louisville/Jefferson County, KY-IN earn an average annual salary of $45,280, which is notably below the national average of $58,000. This disparity can often be attributed to regional economic factors, industry concentration, and the overall demand for specialized analytical roles within the local market.

Executive Summary

  • Average Salary: $45,280 per year.
  • Growth Trend: Salaries have shifted 27.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $57,180.
  • Outlook: With a local workforce of 450 Statistical Assistants and a robust Location Quotient of 16.94, the Louisville/Jefferson County area demonstrates a significant concentration of these roles relative to the national average. This high concentration suggests a specialized demand within the local economy, indicating a potentially stable, albeit niche, job market for professionals in this field.
2024 Market Data

Salary Overview

$45,280

The average Statistical Assistants in Louisville/Jefferson County, KY-IN earns-21.9%below the national average.

BreakdownBased on 40h/week
Hourly

$21.8

Weekly

$871

Monthly

$3,773

Statistical Assistants Salary Distribution in Louisville/Jefferson County, KY-IN

The career path for Statistical Assistants typically involves salary increases with accumulated experience. Entry-level positions often start at the lower end of the pay scale, while senior-level roles, requiring advanced skills and a proven track record, command significantly higher compensation. The percentile gaps in salary clearly signify opportunities for career progression and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$38,210$18.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$33,960$16.3
ManagerOversees team, compliance, and project delivery.50% (Median)$43,620$21
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$56,600$27.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$57,180$27.5

Detailed Statistical Assistants Market Analysis

Relocation Context

Nominal Salary

$45,280

Gross Pay

Real Wage (Purchasing Power)

$45,280

Adjusted for COL (100)

The average annual salary of $45,280 in Louisville/Jefferson County, KY-IN aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that while the nominal salary is lower than the national average, the purchasing power of this income locally is equivalent to the national standard, offering a balanced financial outlook for residents.

Job Market Context

450

Total Jobs

0.649

Per 1K Jobs

16.94

Location Quotient

Major Hub

Louisville/Jefferson County, KY-IN has 16.9x the national concentration of Statistical Assistants jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

A Location Quotient of 16.94 for Statistical Assistants in Louisville/Jefferson County, KY-IN signifies an exceptionally high concentration of these jobs compared to the national landscape. This indicates a very specialized and potentially competitive market where demand is significantly higher locally than the national average, suggesting a strong presence of industries reliant on statistical expertise.

Nearby Job Markets

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Frequently Asked Questions

How much does a Statistical Assistants make in Louisville/Jefferson County, KY-IN?

The median annual salary for a Statistical Assistants in Louisville/Jefferson County, KY-IN is $45,280. This typically ranges from $38,210 for entry-level positions to $57,180 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Louisville/Jefferson County, KY-IN is 21.9% lower than the national median of $58,000.

Is Louisville/Jefferson County, KY-IN a lucrative place for Statistical Assistants?

No, not compared to the national average.While the local cost of living is average, the average salary of $45,280 is substantially lower than the national average of $58,000. The high location quotient suggests a specialized market rather than broad lucrative opportunities.

Is Louisville/Jefferson County, KY-IN a good place to live for Statistical Assistants?

The Cost of Living Index in Louisville/Jefferson County, KY-IN is 100. While higher than average, this often correlates with higher wages.

How does the number of Statistical Assistants in Louisville compare nationally?

With 0.649 jobs per 1,000 workers, the presence of Statistical Assistants in Louisville/Jefferson County is more concentrated than the national average, as indicated by the high Location Quotient.

What is the significance of the Location Quotient (LQ) for Statistical Assistants in Louisville?

An LQ of 16.94 means that Statistical Assistants are employed in Louisville/Jefferson County at a rate nearly 17 times higher than the national average, highlighting a strong regional specialization.

Does the cost of living affect the perceived value of a Statistical Assistant's salary in Louisville?

No, the local cost of living is exactly at the national average (100), meaning the $45,280 salary has the same purchasing power as the national average salary would in a national average cost of living area.

Are there many job opportunities for Statistical Assistants in Louisville?

The high Location Quotient suggests a strong demand within specific industries in Louisville/Jefferson County, indicating a robust niche market for these professionals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 450 employees in the Louisville/Jefferson County, KY-IN area with a job density of 0.649 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.