Average Funeral Home Managers Salary in Missouri
Funeral Home Managers in Missouri earn an average annual salary of $66,270, which is notably below the national average of $85,650. This disparity can be attributed to a combination of factors, including the specific economic landscape of Missouri and the localized demand for these essential services.
Executive Summary
- Average Salary: $66,270 per year.
- Growth Trend: Salaries have shifted 7.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $105,390.
- Outlook: With a local workforce of 580 Funeral Home Managers and a Location Quotient of 2.35, Missouri demonstrates a significantly higher concentration of these professionals compared to the national average. This indicates a robust and established market for funeral home management roles within the state, suggesting steady demand.
Salary Overview
The average Funeral Home Managers in Missouri earns-22.6%below the national average.
$31.9
$1,274
$5,523
Funeral Home Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Funeral Home Managers in Missouri have experienced growth over the past four years, mirroring general economic trends and inflation. Increased demand for specialized services and evolving industry standards likely contribute to upward salary adjustments.
Funeral Home Managers Salary Distribution in Missouri
Career progression for Funeral Home Managers in Missouri is typically marked by increasing compensation. Entry-level positions may start at a lower percentile, but with accumulated experience, specialized certifications, and demonstrated leadership, professionals can advance to senior roles commanding higher salaries, reflecting the growing responsibilities and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $32,100 | $15.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $49,703 | $23.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $61,760 | $29.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $82,838 | $39.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $105,390 | $50.7 |
Detailed Funeral Home Managers Market Analysis
Relocation Context
Nominal Salary
$66,270
Gross Pay
Real Wage (Purchasing Power)
$74,966
Adjusted for COL (88.4)
The average annual salary of $66,270 in Missouri presents a favorable financial picture when considered against the state's Cost of Living Index of 88.4, which is below the national average of 100. This suggests that the nominal salary offers a relatively strong purchasing power for residents within Missouri.
Job Market Context
580
Total Jobs
0.2
Per 1K Jobs
2.35
Location Quotient
Missouri has 2.4x the national concentration of Funeral Home Managers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
Missouri's Location Quotient of 2.35 for Funeral Home Managers signifies a substantial concentration of these roles, more than double the national average. This indicates a highly specialized and potentially competitive market where demand for skilled managers is robust relative to the national landscape.
Nearby Job Markets
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Frequently Asked Questions
How much does a Funeral Home Managers make in Missouri?
The median annual salary for a Funeral Home Managers in Missouri is $66,270. This typically ranges from $32,100 for entry-level positions to $105,390 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Missouri is 22.6% lower than the national median of $85,650.
Is Missouri a lucrative place for Funeral Home Managers?
Yes, considering the cost of living.While the nominal salary is below the national average, Missouri's lower cost of living means the $66,270 salary offers good purchasing power. The high concentration of roles also suggests a stable job market.
Is Missouri a good place to live for Funeral Home Managers?
With a Cost of Living Index of 88.4 (lower than the national average of 100), your salary goes further here.
How does the number of Funeral Home Managers in Missouri compare nationally?
Missouri has a total local workforce of 580 Funeral Home Managers. The Location Quotient of 2.35 indicates a significantly higher concentration of these professionals in Missouri compared to the national average.
What is the Cost of Living Index in Missouri for Funeral Home Managers?
The Cost of Living Index in Missouri is 88.4, which is below the national average of 100. This means that everyday expenses are generally more affordable in Missouri than in the rest of the country.
How many Funeral Home Manager jobs are there per 1,000 workers in Missouri?
There are approximately 0.2 Funeral Home Manager jobs per 1,000 workers in Missouri, reflecting the specialized nature of this profession within the state's employment landscape.
What does a Location Quotient of 2.35 mean for Funeral Home Managers in Missouri?
A Location Quotient of 2.35 signifies that Funeral Home Managers are more than twice as concentrated in Missouri compared to the national average. This suggests a strong presence and potentially higher demand for this specific occupation within the state.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 580 employees in the Missouri area with a job density of 0.2 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Funeral Home Managers • Data source: BLS OEWS 2024 •Jobs in Missouri