Average Training and Development Specialists Salary in Racine-Mount Pleasant, WI
Training and Development Specialists in Racine-Mount Pleasant, WI, earn an average annual salary of $71,550. This figure is slightly below the national average of $73,570, suggesting a localized compensation structure influenced by regional economic factors and employer demand within the area. The specific needs and industry landscape of Racine-Mount Pleasant play a key role in shaping this salary benchmark.
Executive Summary
- Average Salary: $71,550 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $105,420.
- Outlook: With a local workforce of 200 Training and Development Specialists, Racine-Mount Pleasant presents a moderately concentrated market. The Location Quotient of 0.91 indicates that the concentration of these professionals is nearly on par with the national average, suggesting a stable, albeit not exceptionally high, demand for their expertise within the region. This steady presence points to a consistent need for training and development roles across various local industries.
Salary Overview
The average Training and Development Specialists in Racine-Mount Pleasant, WI earns-2.7%below the national average.
$34.4
$1,376
$5,963
Training and Development Specialists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Training and Development Specialists in Racine-Mount Pleasant have experienced growth over the past four years, mirroring national trends. Economic expansion, evolving workforce needs, and increased emphasis on employee development likely contributed to upward pressure on compensation, reflecting a dynamic job market.
Training and Development Specialists Salary Distribution in Racine-Mount Pleasant, WI
Career progression for Training and Development Specialists in Racine-Mount Pleasant typically sees a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries well into the upper percentiles. These percentile gaps clearly signify the value placed on accumulated knowledge and proven track records in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $44,770 | $21.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $53,663 | $25.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $65,340 | $31.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $89,438 | $43 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $105,420 | $50.7 |
Detailed Training and Development Specialists Market Analysis
Relocation Context
Nominal Salary
$71,550
Gross Pay
Real Wage (Purchasing Power)
$71,550
Adjusted for COL (100)
The average annual salary of $71,550 in Racine-Mount Pleasant aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national average, indicating a balanced economic environment where compensation effectively meets the standard cost of living expenses.
Job Market Context
200
Total Jobs
2.588
Per 1K Jobs
0.91
Location Quotient
Racine-Mount Pleasant, WI has 0.91x the national average concentration of Training and Development Specialists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.91 for Training and Development Specialists in Racine-Mount Pleasant suggests a job market that is closely aligned with the national average in terms of concentration. This indicates a healthy level of opportunity without being overly saturated, implying that skilled professionals can find relevant roles, but the market is not exceptionally competitive or scarce.
Nearby Job Markets
Nearby Cities for Training and Development Specialists
| City | Salary | Dist. |
|---|---|---|
| Kenosha, WI Training and Development Specialists Salary | $71,890↑ 0% | 10 mi |
| Milwaukee-Waukesha, WI Training and Development Specialists Salary | $73,500↑ 3% | 25 mi |
| Chicago-Naperville-Elgin, IL-IN Training and Development Specialists Salary | $73,070↑ 2% | 59 mi |
| Janesville-Beloit, WI Training and Development Specialists Salary | $70,440↓ 2% | 61 mi |
| Sheboygan, WI Training and Development Specialists Salary | $68,550↓ 4% | 70 mi |
Comparing salaries near Racine-Mount Pleasant, WI
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Frequently Asked Questions
How much does a Training and Development Specialists make in Racine-Mount Pleasant, WI?
The median annual salary for a Training and Development Specialists in Racine-Mount Pleasant, WI is $71,550. This typically ranges from $44,770 for entry-level positions to $105,420 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Racine-Mount Pleasant, WI is 2.7% lower than the national median of $73,570.
Is Racine-Mount Pleasant, WI a lucrative place for Training and Development Specialists?
No, not exceptionally lucrative compared to the national average.While the average salary of $71,550 is respectable, it falls slightly below the national average of $73,570. However, the cost of living is also at the national average, making the purchasing power comparable.
Is Racine-Mount Pleasant, WI a good place to live for Training and Development Specialists?
The Cost of Living Index in Racine-Mount Pleasant, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Racine-Mount Pleasant, WI?
Some top paying nearby cities include Kenosha, WI ($71,890) and Milwaukee-Waukesha, WI.
What is the average salary for a Training and Development Specialist in Racine-Mount Pleasant, WI?
The average annual salary for a Training and Development Specialist in Racine-Mount Pleasant, WI is $71,550.
How does the Racine-Mount Pleasant salary compare to the national average?
The average salary in Racine-Mount Pleasant ($71,550) is slightly lower than the national average ($73,570).
What is the concentration of Training and Development Specialists in Racine-Mount Pleasant?
The concentration, measured by the Location Quotient, is 0.91, which is very close to the national average of 1.0.
How does the cost of living in Racine-Mount Pleasant affect salary perception?
With a Cost of Living Index of 100 (the national average), the $71,550 salary offers purchasing power equivalent to the national average, indicating a balanced economic environment.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Racine-Mount Pleasant, WI area with a job density of 2.588 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 Racine-Mount Pleasant, WI