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What is the average salary in Radnor, PA?

The average salary in Radnor, PA is $99,122 per year.

Salaries in Radnor, PA, reflect a diverse economic landscape. Job seekers can find opportunities in various sectors. Average yearly salaries range from $32,170 to $221,300. This variety offers potential for different career levels and industries.

The distribution of salaries shows a mix of lower, middle, and upper-income jobs. Most job seekers find positions with salaries between $66,557 and $169,719. These figures indicate a robust job market with several well-paying options. Higher education and specialized skills often lead to better-paying jobs. The average yearly salary in Radnor stands at $99,122, making it a competitive area for employment.

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What are the best paying jobs in Radnor, PA?

Radnor, PA, offers a range of high-paying job opportunities for skilled professionals. Actuaries, with their strong skills in math and risk assessment, earn an average salary of $139,655. Registered Nurses, who play a crucial role in patient care, see an average salary of $99,148. Analysts, especially those with expertise in finance and data, earn an average salary of $95,791. These jobs not only promise good pay but also offer job stability and career growth.
Graph displaying best paying job salaries in Radnor, PA, highlighting Actuary with the highest at $139,655 and Analyst with the lowest at $95,791.
  1. Actuary
    Average Salary: $139,655
    Actuaries use math and statistics to assess risk. They work for insurance companies and financial services firms. Their analysis helps set premiums and plan investments.
    Find Actuary jobs in Radnor, PA


  2. Registered Nurse
    Average Salary: $99,148
    Nurses provide patient care in various settings. They work in hospitals and clinics, often for healthcare providers in the area. Their duties include monitoring patients and administering medications.
    Find Registered Nurse jobs in Radnor, PA


  3. Analyst
    Average Salary: $95,791
    Analysts examine data to help businesses make decisions. They work for companies that value data-driven insights. Their work often involves creating reports and presentations for management.
    Find Analyst jobs in Radnor, PA

What are the best paying jobs in Radnor, PA without a degree?

Radnor, PA offers several opportunities for high-paying jobs that do not require a college degree. Housekeeping staff can earn an average salary of $32,771 annually, providing a stable income. These roles offer a rewarding way to earn well in the community without the need for higher education. Explore these positions if looking to enter the workforce quickly and earn a competitive salary. The demand for reliable housekeeping staff ensures job stability and good earning potential. These opportunities make a great choice for those seeking to balance work with personal life.
Graph displaying best paying job salaries in Radnor, PA without a degree, highlighting Housekeeping with the highest at $32,771 and Housekeeping with the lowest at $32,771.
  1. Housekeeping
    Average Salary: $32,771
    This role involves maintaining cleanliness in various settings, like hotels or office buildings. Working with cleaning products and tools, it requires attention to detail. Companies such as Marriott and Hilton offer opportunities in this field.
    Find Housekeeping jobs in Radnor, PA

Which companies offer the top salaries in Radnor, PA?

Job seekers looking for top-paying companies in Radnor, PA, will find several options to explore. Lincoln Financial Group offers the highest average salary at $117,339. This company leads the way in providing competitive compensation packages. For those interested in a slightly lower but still strong salary, Essent Guaranty, Inc. offers an average of $99,246, while Main Line Health provides an average salary of $90,536. These figures show that Radnor, PA, is home to companies that value their employees by offering attractive salaries. Lincoln Financial Group stands out with the highest average salary, making it a prime choice for those seeking top compensation. Essent Guaranty, Inc. and Main Line Health also provide solid salary options, which can be appealing for candidates looking for stable and rewarding career opportunities.
Graph displaying company salaries in Radnor, PA, highlighting Lincoln Financial Group with the highest at $117,339 and Main Line Health with the lowest at $90,536.
  1. Lincoln Financial Group
    Average Salary: $117,339
    Lincoln Financial Group offers a variety of jobs, particularly in finance and insurance. The company is well-known for its excellent benefits and opportunities for growth. Employees here often enjoy a competitive salary and a supportive work environment.


  2. Essent Guaranty, Inc.
    Average Salary: $99,246
    Essent Guaranty, Inc. provides insurance services and has a reputation for stability and strong employee support. This company focuses on long-term career development. Job seekers will find a solid pay scale and a chance to work with a reliable employer.


  3. Main Line Health
    Average Salary: $90,536
    Main Line Health is a leading healthcare organization. They offer many jobs in healthcare, from nursing to administration. Employees benefit from a supportive culture and good salary. This company values its staff and provides opportunities for professional growth.

How does the cost of living in Radnor, PA compare to the national average?

The cost of living in Radnor, PA, generally exceeds the nationwide average. Housing costs are the highest, with an index of 130. This is 30% more than the national average of 100. In addition to housing, groceries and utilities also have above-average costs, with indices of 105 and 110, respectively. However, transportation and healthcare costs are slightly lower, at 95 and 115. Overall, Radnor's cost of living index stands at 111, reflecting an 11% increase compared to the national average.
Cost of living comparison graph for Radnor, PA vs. Nationwide: housing 30% higher, groceries 5% higher, utilities 10% higher, transportation 5% lower, healthcare 15% higher, miscellaneous 20% higher.

Radnor, PA, shows a higher cost of living compared to the nationwide average, which stands at 100. Housing costs in Radnor are notably higher, with an index of 130, meaning residents pay 30% more than the national average for homes or rent. This indicates that housing can significantly impact the overall cost of living in this area.


Other expenses in Radnor also exceed the national average. Groceries have a cost of living index of 105, reflecting a 5% increase over the national average. Utilities stand at 110, meaning residents pay 10% more for these services. Healthcare costs are also higher, with an index of 115, which represents a 15% increase. Miscellaneous expenses are at 120, indicating a 20% higher cost compared to the average. While transportation costs are relatively lower, with an index of 95, the higher expenses in other areas contribute to Radnor’s overall cost of living being above the national average.

There are 171 job openings in Radnor, PA, today!

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Overview
Radnor, PA
171 Job Openings