Average General and Operations Managers Salary in Traverse City, MI
In Traverse City, MI, General and Operations Managers earn an average annual salary of $107,770. This figure is notably below the national average of $132,920, reflecting localized economic factors and industry demand specific to the region. The pay scale in Traverse City is influenced by the unique economic landscape and the concentration of industries that require operational oversight.
Executive Summary
- Average Salary: $107,770 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $193,840.
- Outlook: Traverse City supports a local workforce of 1,550 General and Operations Managers, with a location quotient of 0.99, indicating a market closely aligned with national employment concentrations. The presence of 23.13 jobs per 1,000 workers suggests a stable demand for these roles, reflecting a healthy, albeit not exceptionally concentrated, job market for operational leadership.
Salary Overview
The average General and Operations Managers in Traverse City, MI earns-18.9%below the national average.
$51.8
$2,073
$8,981
General and Operations Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for General and Operations Managers across the nation, including in Traverse City, have experienced steady growth over the past four years. This trend is driven by increasing business complexity, evolving operational strategies, and the persistent need for skilled management to ensure efficiency and profitability.
General and Operations Managers Salary Distribution in Traverse City, MI
Career progression for General and Operations Managers in Traverse City typically involves a significant salary increase with experience. Entry-level positions might start at a lower percentile, while senior roles, commanding greater responsibility and strategic input, can reach the higher percentiles of the salary range. The widening gap between entry-level and senior compensation clearly signifies substantial career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $46,440 | $22.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $80,828 | $38.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $83,710 | $40.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $134,713 | $64.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $193,840 | $93.2 |
Detailed General and Operations Managers Market Analysis
Relocation Context
Nominal Salary
$107,770
Gross Pay
Real Wage (Purchasing Power)
$107,770
Adjusted for COL (100)
The average annual salary of $107,770 in Traverse City, MI, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of an Operations Manager's salary in Traverse City is equivalent to the national average, offering a balanced lifestyle without significant financial strain due to living expenses.
Job Market Context
1,550
Total Jobs
23.13
Per 1K Jobs
0.99
Location Quotient
Traverse City, MI has 0.99x the national average concentration of General and Operations Managers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
With a location quotient of 0.99, Traverse City's market for General and Operations Managers is nearly identical to the national average in terms of concentration. This suggests a competitive yet stable job market where demand and supply are well-balanced, offering consistent opportunities for qualified professionals without extreme saturation or scarcity.
Nearby Job Markets
Hiring General and Operations Managerss?
Frequently Asked Questions
How much does a General and Operations Managers make in Traverse City, MI?
The median annual salary for a General and Operations Managers in Traverse City, MI is $107,770. This typically ranges from $46,440 for entry-level positions to $193,840 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Traverse City, MI is 18.9% lower than the national median of $132,920.
Is Traverse City, MI a lucrative place for General and Operations Managers?
No, not when compared to the national average.While Traverse City offers a competitive salary of $107,770, it falls short of the national average of $132,920. However, the cost of living being at the national average means the salary's purchasing power is equivalent nationally.
Is Traverse City, MI a good place to live for General and Operations Managers?
The Cost of Living Index in Traverse City, MI is 100. While higher than average, this often correlates with higher wages.
What is the average salary for a General and Operations Manager in Traverse City, MI?
The average annual salary for a General and Operations Manager in Traverse City, MI is $107,770.
How does Traverse City's cost of living compare to the national average?
Traverse City's cost of living index is 100, which is exactly the national average.
Is the job market for Operations Managers strong in Traverse City?
The job market is stable, with a location quotient of 0.99 and 23.13 jobs per 1,000 workers, indicating a concentration very close to the national average.
How does experience affect an Operations Manager's salary in Traverse City?
Experience significantly impacts salary, with senior roles commanding higher compensation than entry-level positions, reflecting increased responsibility and expertise.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,550 employees in the Traverse City, MI area with a job density of 23.13 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 Traverse City, MI