SalaryNode

Average Training and Development Specialists Salary in Akron, OH

In Akron, OH, Training and Development Specialists earn an average annual salary of $68,570. This figure is slightly below the national average of $73,570, a common occurrence in markets with a cost of living that aligns perfectly with the national benchmark. Local economic factors and industry demand within Akron play a significant role in shaping this compensation.

Executive Summary

  • Average Salary: $68,570 per year.
  • Growth Trend: Salaries have shifted 11.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $101,080.
  • Outlook: Akron's market for Training and Development Specialists shows a healthy concentration, indicated by a Location Quotient of 1.24, suggesting a demand that outpaces the national average relative to its workforce size. With a local workforce of 1,120 specialists and 3.498 jobs per 1,000 workers, the job market appears robust and offers ample opportunities for skilled professionals.
2024 Market Data

Salary Overview

$68,570

The average Training and Development Specialists in Akron, OH earns-6.8%below the national average.

BreakdownBased on 40h/week
Hourly

$33

Weekly

$1,319

Monthly

$5,714

Training and Development Specialists Salary Distribution in Akron, OH

Career progression for Training and Development Specialists in Akron typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive expertise and leadership responsibilities can command salaries substantially higher than the average. The percentile gaps in compensation clearly signify these opportunities for career advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$41,690$20
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$51,428$24.7
ManagerOversees team, compliance, and project delivery.50% (Median)$62,870$30.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$85,713$41.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$101,080$48.6

Detailed Training and Development Specialists Market Analysis

Relocation Context

Nominal Salary

$68,570

Gross Pay

Real Wage (Purchasing Power)

$68,570

Adjusted for COL (100)

The nominal salary of $68,570 in Akron, OH, offers strong purchasing power, as the local Cost of Living Index is exactly at the national average of 100. This means that the salary earned by a Training and Development Specialist in Akron will generally cover the same basket of goods and services as the national average salary would elsewhere, making it a financially stable location.

Job Market Context

1,120

Total Jobs

3.498

Per 1K Jobs

1.24

Location Quotient

Above Average

With a location quotient of 1.24, Akron, OH has a slightly higher-than-average concentration of Training and Development Specialists roles compared to the national norm.

With a Location Quotient of 1.24, Akron demonstrates a higher concentration of Training and Development Specialists than the national average. This suggests a competitive yet potentially abundant job market where employers may actively seek specialized talent, and professionals have a good chance of finding relevant employment opportunities within the region.

Nearby Job Markets

Hiring Training and Development Specialistss?

Frequently Asked Questions

How much does a Training and Development Specialists make in Akron, OH?

The median annual salary for a Training and Development Specialists in Akron, OH is $68,570. This typically ranges from $41,690 for entry-level positions to $101,080 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Akron, OH is 6.8% lower than the national median of $73,570.

Is Akron, OH a lucrative place for Training and Development Specialists?

Yes, it offers good value.While the average salary is slightly below the national average, Akron's cost of living being exactly at the national average means your earnings hold strong purchasing power. The robust market concentration also indicates good opportunity.

Is Akron, OH a good place to live for Training and Development Specialists?

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

Where are the highest paying cities near Akron, OH?

Some top paying nearby cities include Canton-Massillon, OH ($61,300) and Cleveland, OH.

How does Akron's salary compare to the national average for this role?

Training and Development Specialists in Akron earn an average of $68,570 annually, which is approximately $5,000 less than the national average of $73,570.

What is the cost of living in Akron, OH for Training and Development Specialists?

Akron's Cost of Living Index is 100, which is precisely the national average. This means the cost of goods and services is comparable to the rest of the country.

How concentrated is the market for Training and Development Specialists in Akron?

The market is more concentrated than the national average, with a Location Quotient of 1.24, indicating a higher presence of these specialists relative to the general workforce.

What is the total number of Training and Development Specialists in Akron?

There are approximately 1,120 Training and Development Specialists employed in the Akron, OH area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,120 employees in the Akron, OH area with a job density of 3.498 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.