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Average Human Resources Managers Salary in Madison, WI

Human Resources Managers in Madison, WI, earn an average annual salary of $146,700. This figure is notably below the national average of $164,620, suggesting that while Madison offers a competitive environment, it may not reach the peak compensation seen in larger, more concentrated markets. Local economic factors and industry demand within Madison play a significant role in shaping this compensation landscape.

Executive Summary

  • Average Salary: $146,700 per year.
  • Growth Trend: Salaries have shifted 19.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $202,640.
  • Outlook: Madison, WI, hosts a Human Resources Manager workforce of 630 individuals, with a Location Quotient of 1.12, indicating a slightly higher concentration of these roles compared to the national average. With 1.563 jobs per 1,000 workers, the market demonstrates a steady presence and demand for HR expertise, suggesting a stable, albeit not explosive, job market for these professionals.
2024 Market Data

Salary Overview

$146,700

The average Human Resources Managers in Madison, WI earns-10.9%below the national average.

BreakdownBased on 40h/week
Hourly

$70.5

Weekly

$2,821

Monthly

$12,225

Human Resources Managers Salary Distribution in Madison, WI

The career trajectory for Human Resources Managers in Madison, WI, typically shows significant salary growth with experience. Entry-level positions might start closer to the lower percentiles, while senior HR Managers with extensive experience and specialized skills can command salaries well into the higher percentiles, reflecting a clear progression and reward for expertise and leadership.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$95,760$46
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$110,025$52.9
ManagerOversees team, compliance, and project delivery.50% (Median)$136,600$65.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$183,375$88.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$202,640$97.4

Detailed Human Resources Managers Market Analysis

Relocation Context

Nominal Salary

$146,700

Gross Pay

Real Wage (Purchasing Power)

$146,700

Adjusted for COL (100)

With an average annual salary of $146,700 and a Cost of Living Index of 100, Human Resources Managers in Madison, WI, find their nominal earnings align perfectly with the national average cost of living. This means that the purchasing power of their salary in Madison is equivalent to the national average, offering a stable financial footing without the added pressure of significantly higher or lower living expenses.

Job Market Context

630

Total Jobs

1.563

Per 1K Jobs

1.12

Location Quotient

Above Average

With a location quotient of 1.12, Madison, WI has a slightly higher-than-average concentration of Human Resources Managers roles compared to the national norm.

The Location Quotient of 1.12 for Human Resources Managers in Madison, WI, suggests a market that is slightly more concentrated with these professionals than the national average. This indicates a healthy demand and a potentially competitive environment where skilled HR managers are valued, but also implies that employers may have a reasonable pool of local talent to draw from.

Nearby Job Markets

Nearby Cities for Human Resources Managers

Comparing salaries near Madison, WI

Hiring Human Resources Managerss?

Frequently Asked Questions

How much does a Human Resources Managers make in Madison, WI?

The median annual salary for a Human Resources Managers in Madison, WI is $146,700. This typically ranges from $95,760 for entry-level positions to $202,640 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Madison, WI is 10.9% lower than the national median of $164,620.

Is Madison, WI a lucrative place for Human Resources Managers?

Yes, Madison, WI offers a competitive salary for Human Resources Managers.The average salary of $146,700 is substantial, and with a Cost of Living Index of 100, the purchasing power is equivalent to the national average, making it a financially stable location.

Is Madison, WI a good place to live for Human Resources Managers?

The Cost of Living Index in Madison, WI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Madison, WI?

Some top paying nearby cities include Janesville-Beloit, WI ($153,710) and Rockford, IL.

How does Madison's HR Manager salary compare to the national average?

The average salary for HR Managers in Madison, WI, is $146,700, which is below the national average of $164,620.

What is the concentration of HR Managers in Madison, WI?

Madison, WI has a Location Quotient of 1.12 for HR Managers, indicating a slightly higher concentration of these roles compared to the national average.

How does the cost of living in Madison affect HR Manager salaries?

Madison's Cost of Living Index is 100, which is the national average. This means the $146,700 salary provides purchasing power equivalent to the national average.

What is the total number of HR Managers in Madison, WI?

There are approximately 630 Human Resources Managers working in Madison, WI.

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 Madison, WI area with a job density of 1.563 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.