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Average Construction Managers Salary in Northern Indiana nonmetropolitan area

Construction Managers in Northern Indiana's nonmetropolitan areas earn an average annual salary of $99,850. This figure is notably below the national average of $119,770, reflecting regional economic factors and demand specific to this locale. The lower average salary is often influenced by the cost of doing business and the overall economic landscape of nonmetropolitan regions.

Executive Summary

  • Average Salary: $99,850 per year.
  • Growth Trend: Salaries have shifted 18.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $151,920.
  • Outlook: The construction management job market in Northern Indiana's nonmetropolitan areas appears stable, albeit with a lower concentration of professionals compared to national averages. With a total local workforce of 230 individuals and a Location Quotient of 0.48, the demand for construction managers is present but not exceptionally high, suggesting a steady but not rapidly expanding job environment.
2024 Market Data

Salary Overview

$99,850

The average Construction Managers in Northern Indiana nonmetropolitan area earns-16.6%below the national average.

BreakdownBased on 40h/week
Hourly

$48

Weekly

$1,920

Monthly

$8,321

Construction Managers Salary Distribution in Northern Indiana nonmetropolitan area

Salary progression for Construction Managers in Northern Indiana typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive project management experience and a proven track record can command salaries significantly higher than the average. The percentile gaps in earnings clearly signify career advancement opportunities and the value placed on expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$51,340$24.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$74,888$36
ManagerOversees team, compliance, and project delivery.50% (Median)$88,020$42.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$124,813$60
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$151,920$73

Detailed Construction Managers Market Analysis

Relocation Context

Nominal Salary

$99,850

Gross Pay

Real Wage (Purchasing Power)

$99,850

Adjusted for COL (100)

The average annual salary of $99,850 in Northern Indiana's nonmetropolitan areas aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that salary is equivalent to the national average, making it a neutral factor in terms of relocation financial impact.

Job Market Context

230

Total Jobs

1.08

Per 1K Jobs

0.48

Location Quotient

Low Concentration

At 0.48x, Northern Indiana nonmetropolitan area has a notably lower concentration of Construction Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.

A Location Quotient of 0.48 indicates that Construction Managers are less concentrated in Northern Indiana's nonmetropolitan areas compared to the national average. This suggests that while there is a market for these professionals, it is not as saturated as in major metropolitan hubs, potentially offering a more accessible entry point for qualified individuals but also signaling a less robust overall demand.

Nearby Job Markets

Nearby Cities for Construction Managers

Comparing salaries near Northern Indiana nonmetropolitan area

Hiring Construction Managerss?

Frequently Asked Questions

How much does a Construction Managers make in Northern Indiana nonmetropolitan area?

The median annual salary for a Construction Managers in Northern Indiana nonmetropolitan area is $99,850. This typically ranges from $51,340 for entry-level positions to $151,920 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northern Indiana nonmetropolitan area is 16.6% lower than the national median of $119,770.

Is Northern Indiana nonmetropolitan area a lucrative place for Construction Managers?

No, not exceptionally lucrative compared to national averages.While the average salary of $99,850 is substantial, it falls below the national average of $119,770. However, the cost of living matching the national average means purchasing power is maintained.

Is Northern Indiana nonmetropolitan area a good place to live for Construction Managers?

The Cost of Living Index in Northern Indiana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northern Indiana nonmetropolitan area?

Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($110,040) and Kokomo, IN.

How does the number of jobs per 1,000 workers compare nationally?

With 1.08 jobs per 1,000 workers, Northern Indiana's nonmetropolitan area has a lower concentration of construction management roles compared to the national average, indicating a less dense job market for this profession.

What is the significance of the Location Quotient (LQ) being 0.48?

An LQ of 0.48 means that the concentration of Construction Managers in this region is less than half of the national average. This suggests fewer job opportunities relative to the overall workforce size when compared to national trends.

Does the Cost of Living Index affect the perceived value of the salary?

No, the Cost of Living Index being exactly 100 means the local cost of living is on par with the national average. Therefore, the $99,850 salary has the same purchasing power as the national average salary.

What does the total local workforce of 230 imply for job seekers?

A smaller workforce of 230 suggests a more niche market. While competition might be lower than in larger areas, the overall number of available positions may also be limited.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the Northern Indiana nonmetropolitan area area with a job density of 1.08 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.