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Average Training and Development Specialists Salary in Central Kentucky nonmetropolitan area

In the Central Kentucky nonmetropolitan area, Training and Development Specialists earn an average annual salary of $56,230. This figure is notably below the national average of $73,570, reflecting regional economic factors and a smaller, more localized demand for these specialized roles. The specific pay scale in this region is influenced by the unique economic landscape and the concentration of industries requiring these skill sets.

Executive Summary

  • Average Salary: $56,230 per year.
  • Growth Trend: Salaries have shifted 14.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $76,840.
  • Outlook: The Central Kentucky nonmetropolitan area supports a local workforce of 560 Training and Development Specialists. With a Location Quotient of 1.14, indicating a slightly higher concentration than the national average, there is a discernible presence and demand for these professionals. The rate of 3.237 jobs per 1,000 workers suggests a stable, albeit not rapidly expanding, job market for this occupation within the region.
2024 Market Data

Salary Overview

$56,230

The average Training and Development Specialists in Central Kentucky nonmetropolitan area earns-23.6%below the national average.

BreakdownBased on 40h/week
Hourly

$27

Weekly

$1,081

Monthly

$4,686

Training and Development Specialists Salary Distribution in Central Kentucky nonmetropolitan area

Career progression for Training and Development Specialists in Central Kentucky typically involves a salary increase with accumulated experience. Entry-level positions might start closer to the lower percentiles, while senior specialists with extensive expertise and leadership responsibilities can command salaries significantly higher, approaching or exceeding the upper percentiles. These percentile gaps clearly signify the career trajectory and earning potential as professionals advance in their field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$34,520$16.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$42,173$20.3
ManagerOversees team, compliance, and project delivery.50% (Median)$53,830$25.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$70,288$33.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$76,840$36.9

Detailed Training and Development Specialists Market Analysis

Relocation Context

Nominal Salary

$56,230

Gross Pay

Real Wage (Purchasing Power)

$56,230

Adjusted for COL (100)

The average annual salary of $56,230 in Central Kentucky aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income is comparable to that of someone earning the national average salary in a region with a higher cost of living.

Job Market Context

560

Total Jobs

3.237

Per 1K Jobs

1.14

Location Quotient

Above Average

With a location quotient of 1.14, Central Kentucky nonmetropolitan area has a slightly higher-than-average concentration of Training and Development Specialists roles compared to the national norm.

A Location Quotient of 1.14 suggests that Training and Development Specialists are slightly more concentrated in the Central Kentucky nonmetropolitan area compared to the national average. This indicates a healthy, established market for these professionals, with demand that slightly outpaces the national proportion, implying a competitive yet accessible job environment.

Nearby Job Markets

Nearby Cities for Training and Development Specialists

Comparing salaries near Central Kentucky nonmetropolitan area

Hiring Training and Development Specialistss?

Frequently Asked Questions

How much does a Training and Development Specialists make in Central Kentucky nonmetropolitan area?

The median annual salary for a Training and Development Specialists in Central Kentucky nonmetropolitan area is $56,230. This typically ranges from $34,520 for entry-level positions to $76,840 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Central Kentucky nonmetropolitan area is 23.6% lower than the national median of $73,570.

Is Central Kentucky nonmetropolitan area a lucrative place for Training and Development Specialists?

No, not compared to the national average.While the cost of living is average, the nominal salary of $56,230 is significantly lower than the national average of $73,570, indicating less lucrative compensation.

Is Central Kentucky nonmetropolitan area a good place to live for Training and Development Specialists?

The Cost of Living Index in Central Kentucky nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Central Kentucky nonmetropolitan area?

Some top paying nearby cities include Lexington-Fayette, KY ($68,120) and Elizabethtown, KY.

How does the local salary compare to the national average?

The average salary for Training and Development Specialists in Central Kentucky is $56,230, which is substantially lower than the national average of $73,570.

What is the concentration of Training and Development Specialists in this area?

The concentration, measured by the Location Quotient, is 1.14, indicating a slightly higher presence of these specialists in Central Kentucky compared to the national average.

How does the cost of living affect the salary?

The cost of living in Central Kentucky is at the national average (100), meaning the $56,230 salary has a purchasing power equivalent to the national average, despite being a lower nominal figure.

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

There are approximately 560 Training and Development Specialists employed in the Central Kentucky nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 560 employees in the Central Kentucky nonmetropolitan area area with a job density of 3.237 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.