Average General and Operations Managers Salary in Lafayette-West Lafayette, IN
General and Operations Managers in Lafayette-West Lafayette, IN, command an impressive average annual salary of $139,210. This figure notably surpasses the national average of $132,920, indicating a localized premium for these critical roles. Factors such as regional economic drivers and specific industry demands within the Lafayette-West Lafayette area likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $139,210 per year.
- Growth Trend: Salaries have shifted 31.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $208,815.
- Outlook: The Lafayette-West Lafayette area supports a workforce of approximately 1,000 General and Operations Managers. With 9.79 jobs per 1,000 workers, the concentration, reflected by a Location Quotient of 0.42, suggests a market that is less saturated than the national average. This implies a stable demand for skilled operational leadership within the local economy.
Salary Overview
The average General and Operations Managers in Lafayette-West Lafayette, IN earns+4.7%above the national average.
$66.9
$2,677
$11,601
General and Operations Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally observed that salaries for General and Operations Managers have experienced consistent growth over the past four years, driven by increasing business complexity and the demand for efficient operational strategies. This upward trend is likely mirrored in the Lafayette-West Lafayette market, reflecting broader economic and professional development.
General and Operations Managers Salary Distribution in Lafayette-West Lafayette, IN
The salary spectrum for General and Operations Managers typically widens significantly with experience. Entry-level positions often start at lower percentiles, while senior roles with extensive responsibilities and proven track records can command salaries well into the upper percentiles. The substantial gap between entry-level and senior compensation underscores the significant career progression and earning potential within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,660 | $23.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $104,408 | $50.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $102,370 | $49.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $174,013 | $83.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $208,815 | $100.4 |
Detailed General and Operations Managers Market Analysis
Relocation Context
Nominal Salary
$139,210
Gross Pay
Real Wage (Purchasing Power)
$139,210
Adjusted for COL (100)
The average annual salary of $139,210 in Lafayette-West Lafayette, IN, is particularly attractive given the local Cost of Living Index stands at 100, precisely matching the national average. This means that the purchasing power of an operations manager's salary in this region is equivalent to the national standard, allowing for a comfortable lifestyle without the premium often associated with higher-than-average salaries.
Job Market Context
1,000
Total Jobs
9.79
Per 1K Jobs
0.42
Location Quotient
At 0.42x, Lafayette-West Lafayette, IN has a notably lower concentration of General and Operations Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
A Location Quotient of 0.42 indicates that General and Operations Managers are less concentrated in Lafayette-West Lafayette compared to the national landscape. This suggests that while the role is present and valued, the market is not oversaturated, potentially offering good opportunities for skilled professionals seeking positions without intense competition relative to national hubs.
Nearby Job Markets
Nearby Cities for General and Operations Managers
| City | Salary | Dist. |
|---|---|---|
| Kokomo, IN General and Operations Managers Salary | $121,950↓ 12% | 39 mi |
| Northern Indiana nonmetropolitan area General and Operations Managers Salary | $120,220↓ 14% | 50 mi |
| Southern Indiana nonmetropolitan area General and Operations Managers Salary | $117,900↓ 15% | 50 mi |
| Central Indiana nonmetropolitan area General and Operations Managers Salary | $115,720↓ 17% | 50 mi |
| Indianapolis-Carmel-Greenwood, IN General and Operations Managers Salary | $150,240↑ 8% | 57 mi |
Comparing salaries near Lafayette-West Lafayette, IN
Hiring General and Operations Managerss?
Frequently Asked Questions
How much does a General and Operations Managers make in Lafayette-West Lafayette, IN?
The median annual salary for a General and Operations Managers in Lafayette-West Lafayette, IN is $139,210. This typically ranges from $49,660 for entry-level positions to $208,815 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lafayette-West Lafayette, IN is 4.7% higher than the national median of $132,920.
Is Lafayette-West Lafayette, IN a lucrative place for General and Operations Managers?
Yes, it is a lucrative place for General and Operations Managers.The average salary of $139,210 significantly exceeds the national average, and the cost of living is on par with the national index, offering strong purchasing power.
Is Lafayette-West Lafayette, IN a good place to live for General and Operations Managers?
The Cost of Living Index in Lafayette-West Lafayette, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lafayette-West Lafayette, IN?
Some top paying nearby cities include Kokomo, IN ($121,950) and Northern Indiana nonmetropolitan area.
How does the Lafayette-West Lafayette salary compare to the national average?
The average annual salary for General and Operations Managers in Lafayette-West Lafayette, IN, is $139,210, which is higher than the national average of $132,920.
What is the concentration of General and Operations Managers in Lafayette-West Lafayette?
The concentration, measured by the Location Quotient, is 0.42, indicating a lower presence of these roles compared to the national average.
Does the cost of living affect the value of the salary?
No, the Cost of Living Index is 100, which is the national average. This means the $139,210 salary offers purchasing power equivalent to the national standard.
How many General and Operations Managers are there in Lafayette-West Lafayette?
The total local workforce for General and Operations Managers in Lafayette-West Lafayette is approximately 1,000 individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,000 employees in the Lafayette-West Lafayette, IN area with a job density of 9.79 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for General and Operations Managers • Data source: BLS OEWS 2024 •Jobs in Lafayette-West Lafayette, IN