Average Agents and Business Managers of Artists, Performers, and Athletes Salary in Tennessee
Agents and Business Managers of Artists, Performers, and Athletes in Tennessee earn an average annual salary of $90,120. This figure is notably lower than the national average of $165,620, reflecting regional economic factors and the specific demand within the state's entertainment and sports industries. The concentration of these roles in Tennessee, while significant, influences the overall compensation structure.
Executive Summary
- Average Salary: $90,120 per year.
- Growth Trend: Salaries have shifted 1.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $162,500.
- Outlook: With a local workforce of 630 professionals in this specialized field, Tennessee demonstrates a solid presence of Agents and Business Managers. The Location Quotient of 2.08 indicates a concentration nearly twice the national average, suggesting a robust and potentially growing demand for these services within the state, driven by its active arts and entertainment scene.
Salary Overview
The average Agents and Business Managers of Artists, Performers, and Athletes in Tennessee earns-45.6%below the national average.
$43.3
$1,733
$7,510
Agents and Business Managers of Artists, Performers, and Athletes Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Agents and Business Managers of Artists, Performers, and Athletes in Tennessee have experienced growth over the past four years, mirroring national trends. Economic expansion, increased industry activity, and evolving compensation models likely contribute to a positive salary trajectory for professionals in this sector.
Agents and Business Managers of Artists, Performers, and Athletes Salary Distribution in Tennessee
Career progression for Agents and Business Managers of Artists, Performers, and Athletes typically involves a significant salary increase with experience. Entry-level positions might start at a lower percentile, while seasoned professionals with established clienteles and proven track records can command salaries well into the higher percentiles, reflecting their expertise and value.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,910 | $24 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $67,590 | $32.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $77,490 | $37.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $112,650 | $54.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $162,500 | $78.1 |
Detailed Agents and Business Managers of Artists, Performers, and Athletes Market Analysis
Relocation Context
Nominal Salary
$90,120
Gross Pay
Real Wage (Purchasing Power)
$99,690
Adjusted for COL (90.4)
The average annual salary of $90,120 in Tennessee is considerably advantageous when viewed against the local Cost of Living Index of 90.4. This index, being below the national average of 100, means that the nominal income earned by these professionals likely translates to a higher purchasing power and a more comfortable standard of living compared to areas with a higher cost of living.
Job Market Context
630
Total Jobs
0.192
Per 1K Jobs
2.08
Location Quotient
Tennessee has 2.1x the national concentration of Agents and Business Managers of Artists, Performers, and Athletes jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
Tennessee's Location Quotient of 2.08 for Agents and Business Managers of Artists, Performers, and Athletes signifies a market that is more than twice as concentrated as the national average. This suggests a competitive yet abundant job market where specialized talent is highly valued and actively sought after, indicating strong local industry support and opportunities.
Nearby Job Markets
Nearby Cities for Agents and Business Managers of Artists, Performers, and Athletes
| City | Salary | Dist. |
|---|---|---|
| Nashville-Davidson--Murfreesboro--Franklin, TN Agents and Business Managers of Artists, Performers, and Athletes Salary | $89,840↓ 0% | 29 mi |
Comparing salaries near Tennessee
Hiring Agents and Business Managers of Artists, Performers, and Athletess?
Frequently Asked Questions
How much does a Agents and Business Managers of Artists, Performers, and Athletes make in Tennessee?
The median annual salary for a Agents and Business Managers of Artists, Performers, and Athletes in Tennessee is $90,120. This typically ranges from $49,910 for entry-level positions to $162,500 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Tennessee is 45.6% lower than the national median of $165,620.
Is Tennessee a lucrative place for Agents and Business Managers of Artists, Performers, and Athletess?
Yes, with a strong cost of living advantage.While the average salary is below the national average, Tennessee's significantly lower cost of living means your earnings can provide a higher standard of living. The high concentration of these roles also indicates a robust local market.
Is Tennessee a good place to live for Agents and Business Managers of Artists, Performers, and Athletes?
With a Cost of Living Index of 90.4 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Tennessee?
Some top paying nearby cities include Nashville-Davidson--Murfreesboro--Franklin, TN ($89,840) and others.
How does Tennessee's cost of living impact salary perception?
Tennessee's cost of living index of 90.4 means that $90,120 earned locally has the purchasing power of approximately $100,000 in a national average cost of living area, making it financially advantageous.
What does a Location Quotient of 2.08 mean for this role in Tennessee?
A Location Quotient of 2.08 indicates that this profession is more than twice as common in Tennessee as it is nationwide, suggesting a strong industry presence and potentially higher demand for skilled professionals.
How many Agents and Business Managers of Artists, Performers, and Athletes are there in Tennessee?
There are approximately 630 individuals employed as Agents and Business Managers of Artists, Performers, and Athletes within Tennessee.
Is the job market for these agents growing in Tennessee?
The concentration and workforce size suggest a stable to growing market, driven by Tennessee's vibrant entertainment and sports sectors, though specific growth rate data would be needed for a definitive trend.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 630 employees in the Tennessee area with a job density of 0.192 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Agents and Business Managers of Artists, Performers, and Athletes • Data source: BLS OEWS 2024 •Jobs in Tennessee