These data are updated annually once regional estimates are established for each Workforce Development Area and typically renewed in June.
This is the default wage estimate. Not to be confused with median wage, this number represents the average pay earned by all workers in the selected location occupation. It is calculated by summing the adjusted wages for all workers and dividing by the number of workers. It is a very general measure of what all workers earn.
The median wage is the 50th percentile wage estimate--50 percent of workers earn less than the median and 50 percent workers earn more. It is a measure of what the average worker might expect to make.
This number represents what an entry-level worker might expect to make. It is defined as the average (mean) wage earned by the lowest third of all workers in the selected location occupation.
This number represents what an experienced worker might expect to make. It is defined as the average (mean) wage earned by the upper two-thirds of all workers in the selected location occupation.
For more LMI terminology and definitions, please visit The Texas LMI glossary.
