Average Training and Development Specialists Salary in Lexington-Fayette, KY
Training and Development Specialists in Lexington-Fayette, KY, earn an average annual salary of $68,120. This figure is slightly below the national average of $73,570, reflecting a localized compensation structure influenced by regional economic factors and employer demand within the Bluegrass State. While not reaching the national benchmark, this salary provides a solid income in a market with a cost of living that aligns with the national average.
Executive Summary
- Average Salary: $68,120 per year.
- Growth Trend: Salaries have shifted 11.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $111,350.
- Outlook: The Training and Development Specialist job market in Lexington-Fayette, KY, shows a healthy presence with a total local workforce of 840 individuals in this role. The Location Quotient of 1.05 indicates a slightly higher concentration of these specialists compared to the national average, suggesting a stable and perhaps growing demand for their expertise within the local economy. With approximately 2.965 jobs per 1,000 workers, the market demonstrates a consistent need for professionals skilled in employee development and training.
Salary Overview
The average Training and Development Specialists in Lexington-Fayette, KY earns-7.4%below the national average.
$32.8
$1,310
$5,677
Training and Development Specialists Salary Trends (2020-2024)
While specific historical data for Lexington-Fayette is not provided, it is reasonable to assume that salaries for Training and Development Specialists have experienced a gradual upward trend over the past four years, mirroring national patterns. This growth is typically driven by increasing employer investment in workforce development, the evolving nature of training methodologies, and the continuous need for upskilling and reskilling employees in response to technological advancements and market shifts.
Training and Development Specialists Salary Distribution in Lexington-Fayette, KY
Career progression for Training and Development Specialists in Lexington-Fayette, KY, is clearly reflected in salary differentials based on experience. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with extensive experience and specialized skills can expect to earn significantly more, often reaching into the higher percentiles. The widening gap between entry-level and senior roles underscores the value placed on accumulated knowledge, strategic planning abilities, and proven success in implementing effective training programs.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,900 | $18.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $51,090 | $24.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $60,850 | $29.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $85,150 | $40.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $111,350 | $53.5 |
Detailed Training and Development Specialists Market Analysis
Relocation Context
Nominal Salary
$68,120
Gross Pay
Real Wage (Purchasing Power)
$68,120
Adjusted for COL (100)
The average annual salary of $68,120 for Training and Development Specialists in Lexington-Fayette, KY, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of this salary is equivalent to the national average, offering a stable financial standing for residents. Individuals relocating to Lexington-Fayette can expect their earnings to cover essential expenses and discretionary spending at a rate comparable to the rest of the country.
Job Market Context
840
Total Jobs
2.965
Per 1K Jobs
1.05
Location Quotient
With a location quotient of 1.05, Lexington-Fayette, KY has a slightly higher-than-average concentration of Training and Development Specialists roles compared to the national norm.
With a Location Quotient of 1.05, Lexington-Fayette, KY, exhibits a job market for Training and Development Specialists that is slightly more concentrated than the national average. This suggests a competitive yet accessible landscape where employers actively seek these professionals. The presence of a slightly higher concentration indicates that the demand for these roles is robust enough to support a workforce that marginally exceeds the national proportion, making it a potentially favorable market for both job seekers and employers.
Nearby Job Markets
Nearby Cities for Training and Development Specialists
Comparing salaries near Lexington-Fayette, KY
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Frequently Asked Questions
How much does a Training and Development Specialists make in Lexington-Fayette, KY?
The median annual salary for a Training and Development Specialists in Lexington-Fayette, KY is $68,120. This typically ranges from $37,900 for entry-level positions to $111,350 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lexington-Fayette, KY is 7.4% lower than the national median of $73,570.
Is Lexington-Fayette, KY a lucrative place for Training and Development Specialists?
Yes, it offers a competitive salary relative to its cost of living.The average salary of $68,120 is on par with the national cost of living, providing strong purchasing power. The market also shows a healthy concentration of these roles, indicating steady demand.
Is Lexington-Fayette, KY a good place to live for Training and Development Specialists?
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 ($56,230) and South Central Kentucky nonmetropolitan area.
How does the Lexington-Fayette salary compare to the national average?
The average salary of $68,120 in Lexington-Fayette, KY, is slightly lower than the national average of $73,570 for Training and Development Specialists.
What is the cost of living in Lexington-Fayette, KY?
The cost of living in Lexington-Fayette, KY, is exactly at the national average, with an index of 100.
Is there high demand for Training and Development Specialists in Lexington-Fayette, KY?
Yes, the Location Quotient of 1.05 and 2.965 jobs per 1,000 workers suggest a stable to slightly above-average demand for these specialists in the local market.
How does experience affect salary for Training and Development Specialists in this area?
Experience significantly impacts salary, with entry-level specialists earning less and senior professionals commanding higher compensation, reflecting a clear career progression path.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 840 employees in the Lexington-Fayette, KY area with a job density of 2.965 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Training and Development Specialists • Data source: BLS OEWS 2024 •Jobs in Lexington-Fayette, KY