SalaryNode

Average Training and Development Specialists Salary in Madison, WI

Training and Development Specialists in Madison, WI, command an impressive average annual salary of $78,170, notably exceeding the national average of $73,570. This premium is likely driven by Madison's robust economic landscape and a concentrated demand for skilled professionals in this field within the local workforce of 1,570 specialists.

Executive Summary

  • Average Salary: $78,170 per year.
  • Growth Trend: Salaries have shifted 26.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $109,700.
  • Outlook: The job market for Training and Development Specialists in Madison, WI, appears robust, supported by a local workforce of 1,570 individuals. A Location Quotient of 1.37 indicates a higher concentration of these roles compared to the national average, suggesting a healthy and potentially growing demand for these professionals within the region.
2024 Market Data

Salary Overview

$78,170

The average Training and Development Specialists in Madison, WI earns+6.3%above the national average.

BreakdownBased on 40h/week
Hourly

$37.6

Weekly

$1,503

Monthly

$6,514

Training and Development Specialists Salary Distribution in Madison, WI

Career progression for Training and Development Specialists in Madison, WI, is typically marked by 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 experience and specialized skills can command salaries well above the average, reflecting the value of their expertise and contributions.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$50,010$24
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$58,628$28.2
ManagerOversees team, compliance, and project delivery.50% (Median)$77,430$37.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$97,713$47
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$109,700$52.7

Detailed Training and Development Specialists Market Analysis

Relocation Context

Nominal Salary

$78,170

Gross Pay

Real Wage (Purchasing Power)

$78,170

Adjusted for COL (100)

A nominal salary of $78,170 in Madison, WI, offers excellent purchasing power, as the local Cost of Living Index is exactly at the national average of 100. This means that the higher average salary translates directly into a strong real income, allowing residents to maintain or improve their standard of living compared to the typical American.

Job Market Context

1,570

Total Jobs

3.869

Per 1K Jobs

1.37

Location Quotient

Above Average

With a location quotient of 1.37, Madison, WI has a slightly higher-than-average concentration of Training and Development Specialists roles compared to the national norm.

With a Location Quotient of 1.37, Madison, WI, demonstrates a notable concentration of Training and Development Specialist roles relative to the national landscape. This suggests that the market is more specialized or has a higher demand for these professionals than the average U.S. city, potentially leading to more opportunities and competitive compensation.

Nearby Job Markets

Hiring Training and Development Specialistss?

Frequently Asked Questions

How much does a Training and Development Specialists make in Madison, WI?

The median annual salary for a Training and Development Specialists in Madison, WI is $78,170. This typically ranges from $50,010 for entry-level positions to $109,700 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Madison, WI is 6.3% higher than the national median of $73,570.

Is Madison, WI a lucrative place for Training and Development Specialists?

Yes, Madison, WI is a lucrative place for Training and Development Specialists.The average salary of $78,170 significantly surpasses the national average, and the cost of living being at the national average ensures strong purchasing power for these professionals.

Is Madison, WI a good place to live for Training and Development Specialists?

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

Where are the highest paying cities near Madison, WI?

Some top paying nearby cities include Janesville-Beloit, WI ($70,440) and Rockford, IL.

How does the number of Training and Development Specialists in Madison compare nationally?

Madison, WI has 3.869 Training and Development Specialists per 1,000 workers, which is higher than the national average, indicating a strong local presence in this profession.

What is the significance of the Location Quotient for this role in Madison?

A Location Quotient of 1.37 means that Madison has 37% more Training and Development Specialists than the national average, suggesting a specialized job market.

Does the cost of living in Madison affect the value of the salary?

No, the cost of living in Madison is exactly at the national average (100), meaning the higher average salary of $78,170 provides excellent real income value.

How many Training and Development Specialists are there in Madison, WI?

There are approximately 1,570 Training and Development Specialists employed in Madison, WI.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,570 employees in the Madison, WI area with a job density of 3.869 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.