A person working in Architecture in Villavicencio typically earns around 4.5M COP. Salaries range from 2M COP (lowest average) to 8.2M COP (highest average, actual maximum salary is higher).
The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Architecture domain in Villavicencio exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.
Salaries in Architecture in Villavicencio range from 2M COP (starting average salary) to 8.2M COP (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.
The median income in the field of Architecture is 4.3M COP, implying that half of the workforce in Villavicencio earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.
Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Architecture in Villavicencio earn less than 3.4M COP, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 5M COP, while 25% earn more than that.
Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Architecture in Villavicencio. The analysis revealed that roughly 65% of all reported salaries fell within the range of 2.6M COP to 4M COP. Approximately 20% of salaries were below the 2.6M COP mark, while 10% ranged from 4M COP to 4.7M COP. Only 5% of individuals earned a gross salary of 4.7M COP or higher.