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Average Transportation and Material Moving Occupations Salary in Homosassa Springs, FL

In Homosassa Springs, FL, professionals in Transportation and Material Moving Occupations can expect an average annual salary of $37,150. This figure is notably below the national average of $48,350, suggesting that local economic factors and demand dynamics play a significant role in compensation within this sector in the region.

Executive Summary

  • Average Salary: $37,150 per year.
  • Growth Trend: Salaries have shifted 28.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $47,860.
  • Outlook: With a local workforce of approximately 2,500 individuals in Transportation and Material Moving Occupations, Homosassa Springs presents a moderate employment landscape. The location quotient of 0.81 indicates a slightly lower concentration of these roles compared to the national average, suggesting that while the sector is present, it may not be a primary driver of the local economy.
2024 Market Data

Salary Overview

$37,150

The average Transportation and Material Moving Occupations in Homosassa Springs, FL earns-23.2%below the national average.

BreakdownBased on 40h/week
Hourly

$17.9

Weekly

$714

Monthly

$3,096

Transportation and Material Moving Occupations Salary Distribution in Homosassa Springs, FL

Career progression within Transportation and Material Moving Occupations in Homosassa Springs, as elsewhere, typically sees a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior roles, requiring specialized skills and extensive experience, command higher salaries. The percentile gaps in earnings clearly signify the career ladder and the financial rewards of advancing within this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$26,040$12.5
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$27,863$13.4
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$34,330$16.5
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$46,438$22.3
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$47,860$23

Detailed Transportation and Material Moving Occupations Market Analysis

Relocation Context

Nominal Salary

$37,150

Gross Pay

Real Wage (Purchasing Power)

$37,150

Adjusted for COL (100)

The average annual salary of $37,150 in Homosassa Springs, FL, aligns precisely with the national average cost of living, indicated by an index of 100. This means that while the nominal salary is lower than the national average for the occupation, the purchasing power of that salary locally is equivalent to the national average, offering a stable financial footing for residents.

Job Market Context

2,500

Total Jobs

71.367

Per 1K Jobs

0.81

Location Quotient

Below Average

Homosassa Springs, FL has 0.81x the national average concentration of Transportation and Material Moving Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

The location quotient of 0.81 for Transportation and Material Moving Occupations in Homosassa Springs suggests a market that is slightly less concentrated than the national average. This indicates that while there is a presence of these jobs, the demand might not be overwhelmingly high, potentially leading to a more balanced or slightly employer-favored job market compared to areas with a higher concentration.

Nearby Job Markets

Hiring Transportation and Material Moving Occupationss?

Frequently Asked Questions

How much does a Transportation and Material Moving Occupations make in Homosassa Springs, FL?

The median annual salary for a Transportation and Material Moving Occupations in Homosassa Springs, FL is $37,150. This typically ranges from $26,040 for entry-level positions to $47,860 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Homosassa Springs, FL is 23.2% lower than the national median of $48,350.

Is Homosassa Springs, FL a lucrative place for Transportation and Material Moving Occupationss?

No, not particularly lucrative compared to national averages.The average salary of $37,150 is significantly lower than the national average of $48,350, indicating less lucrative opportunities. However, the cost of living being at the national average means the salary's purchasing power is standard.

Is Homosassa Springs, FL a good place to live for Transportation and Material Moving Occupations?

The Cost of Living Index in Homosassa Springs, FL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Homosassa Springs, FL?

Some top paying nearby cities include Wildwood-The Villages, FL ($40,460) and Ocala, FL.

How does the Homosassa Springs salary compare to the national average?

The average salary for Transportation and Material Moving Occupations in Homosassa Springs is $37,150, which is $11,200 less than the national average of $48,350.

What is the concentration of Transportation and Material Moving jobs in Homosassa Springs?

The concentration, measured by the location quotient, is 0.81, indicating slightly fewer jobs per worker in this sector compared to the national average.

How does the cost of living affect the Homosassa Springs salary?

With a cost of living index of 100, the local purchasing power of the $37,150 salary is equivalent to the national average, meaning expenses are neither significantly higher nor lower.

What is the total workforce size for these occupations in Homosassa Springs?

There are approximately 2,500 individuals employed in Transportation and Material Moving Occupations within Homosassa Springs.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,500 employees in the Homosassa Springs, FL area with a job density of 71.367 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.