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Average Training and Development Specialists Salary in Raleigh-Cary, NC

Training and Development Specialists in Raleigh-Cary, NC, earn an average annual salary of $71,050. This figure is slightly below the national average of $73,570, suggesting a localized compensation structure influenced by regional economic factors and industry demand within the Research Triangle area. While not reaching the national benchmark, the salary reflects the specialized nature of the role within this dynamic metropolitan region.

Executive Summary

  • Average Salary: $71,050 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $113,860.
  • Outlook: The Raleigh-Cary area demonstrates a robust market for Training and Development Specialists, evidenced by a total local workforce of 3,470 individuals in this profession. The Location Quotient of 1.69 significantly exceeds the national average, indicating a higher concentration of these specialists relative to other occupations in the region, which points to sustained demand and a healthy job market.
2024 Market Data

Salary Overview

$71,050

The average Training and Development Specialists in Raleigh-Cary, NC earns-3.4%below the national average.

BreakdownBased on 40h/week
Hourly

$34.2

Weekly

$1,366

Monthly

$5,921

Training and Development Specialists Salary Distribution in Raleigh-Cary, NC

Career progression for Training and Development Specialists in Raleigh-Cary typically involves a significant salary increase with experience. Entry-level positions may 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. The percentile gaps in earnings clearly signify the value placed on expertise and leadership in this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$30,720$14.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$53,288$25.6
ManagerOversees team, compliance, and project delivery.50% (Median)$64,490$31
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$88,813$42.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$113,860$54.7

Detailed Training and Development Specialists Market Analysis

Relocation Context

Nominal Salary

$71,050

Gross Pay

Real Wage (Purchasing Power)

$71,050

Adjusted for COL (100)

The average annual salary of $71,050 in Raleigh-Cary, NC, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Training and Development Specialist's salary in this area is equivalent to the national standard, offering a stable financial environment for residents.

Job Market Context

3,470

Total Jobs

4.79

Per 1K Jobs

1.69

Location Quotient

Major Hub

Raleigh-Cary, NC has 1.7x the national concentration of Training and Development Specialists jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

With a Location Quotient of 1.69, Raleigh-Cary exhibits a notable concentration of Training and Development Specialists compared to the national average. This suggests a competitive yet abundant job market where employers actively seek these professionals, and a substantial pool of talent exists to fill these roles, fostering a dynamic employment landscape.

Nearby Job Markets

Nearby Cities for Training and Development Specialists

Comparing salaries near Raleigh-Cary, NC

Hiring Training and Development Specialistss?

Frequently Asked Questions

How much does a Training and Development Specialists make in Raleigh-Cary, NC?

The median annual salary for a Training and Development Specialists in Raleigh-Cary, NC is $71,050. This typically ranges from $30,720 for entry-level positions to $113,860 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Raleigh-Cary, NC is 3.4% lower than the national median of $73,570.

Is Raleigh-Cary, NC a lucrative place for Training and Development Specialists?

Yes, it offers competitive compensation relative to its cost of living.The average salary of $71,050 is on par with the national average cost of living, providing good purchasing power. Furthermore, the high concentration of these specialists indicates strong regional demand.

Is Raleigh-Cary, NC a good place to live for Training and Development Specialists?

The Cost of Living Index in Raleigh-Cary, NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Raleigh-Cary, NC?

Some top paying nearby cities include Durham-Chapel Hill, NC ($75,440) and Rocky Mount, NC.

How does the Raleigh-Cary salary compare to the national average?

The average salary for Training and Development Specialists in Raleigh-Cary, NC, is $71,050, which is slightly lower than the national average of $73,570.

What is the significance of the Location Quotient in Raleigh-Cary?

A Location Quotient of 1.69 indicates that Training and Development Specialists are more concentrated in Raleigh-Cary than the national average, suggesting a strong presence and demand for these roles in the region.

Does the cost of living affect the perceived value of the salary?

No, the cost of living in Raleigh-Cary is exactly at the national average (100), meaning the $71,050 salary offers purchasing power equivalent to the national average.

How many Training and Development Specialists work in Raleigh-Cary?

There are approximately 3,470 Training and Development Specialists employed in the Raleigh-Cary, NC area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,470 employees in the Raleigh-Cary, NC area with a job density of 4.79 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.