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Average Lodging Managers Salary in North Carolina

Lodging Managers in North Carolina earn an average annual salary of $66,010, which is below the national average of $77,320. This difference can be attributed to various regional economic factors, including the specific demand for hospitality services and the overall cost of doing business within the state. Understanding these local dynamics is crucial for assessing compensation in this role.

Executive Summary

  • Average Salary: $66,010 per year.
  • Growth Trend: Salaries have shifted 25.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $99,830.
  • Outlook: With a local workforce of 1,600 Lodging Managers and a Location Quotient of 1.22, North Carolina shows a slightly higher concentration of these professionals compared to the national average. This suggests a stable, albeit not exceptionally booming, demand for lodging management expertise within the state, indicating a robust job market for experienced individuals.
2024 Market Data

Salary Overview

$66,010

The average Lodging Managers in North Carolina earns-14.6%below the national average.

BreakdownBased on 40h/week
Hourly

$31.7

Weekly

$1,269

Monthly

$5,501

Lodging Managers Salary Distribution in North Carolina

The career path for Lodging Managers typically involves significant salary progression with experience. Entry-level positions may start at a lower percentile, while senior managers with extensive experience and proven leadership skills can command salaries in the higher percentiles. The gap between entry-level and senior roles signifies substantial opportunities for career advancement and increased earning potential within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$24,960$12
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$49,508$23.8
ManagerOversees team, compliance, and project delivery.50% (Median)$60,640$29.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$82,513$39.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$99,830$48

Detailed Lodging Managers Market Analysis

Relocation Context

Nominal Salary

$66,010

Gross Pay

Real Wage (Purchasing Power)

$69,557

Adjusted for COL (94.9)

The average annual salary of $66,010 in North Carolina is quite favorable when considered against the state's Cost of Living Index of 94.9. Since this index is below the national average of 100, the nominal salary translates to a stronger purchasing power for Lodging Managers in North Carolina, making the effective income potentially higher than the raw salary figure suggests.

Job Market Context

1,600

Total Jobs

0.327

Per 1K Jobs

1.22

Location Quotient

Above Average

With a location quotient of 1.22, North Carolina has a slightly higher-than-average concentration of Lodging Managers roles compared to the national norm.

A Location Quotient of 1.22 indicates that Lodging Managers are more concentrated in North Carolina than the national average. This suggests a healthy and competitive job market where employers may actively seek out talent, but also that there are a good number of opportunities available for those looking to enter or advance in the profession within the state.

Nearby Job Markets

Nearby Cities for Lodging Managers

Comparing salaries near North Carolina

Hiring Lodging Managerss?

Frequently Asked Questions

How much does a Lodging Managers make in North Carolina?

The median annual salary for a Lodging Managers in North Carolina is $66,010. This typically ranges from $24,960 for entry-level positions to $99,830 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in North Carolina is 14.6% lower than the national median of $77,320.

Is North Carolina a lucrative place for Lodging Managers?

Yes, with a caveat.While the average salary is below the national average, North Carolina's lower cost of living enhances the purchasing power of the $66,010 salary. The concentration of jobs (LQ 1.22) also indicates a stable market.

Is North Carolina a good place to live for Lodging Managers?

With a Cost of Living Index of 94.9 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near North Carolina?

Some top paying nearby cities include Greensboro-High Point, NC ($68,140) and Winston-Salem, NC.

How does the North Carolina Lodging Manager salary compare to the national average?

The average annual salary for Lodging Managers in North Carolina is $66,010, which is approximately $11,310 less than the national average of $77,320.

What is the significance of the Location Quotient (LQ) for Lodging Managers in North Carolina?

An LQ of 1.22 means that Lodging Managers are 22% more concentrated in North Carolina than the national average, suggesting a slightly higher demand or prevalence of these roles within the state's workforce.

How does the cost of living affect the Lodging Manager salary in North Carolina?

With a Cost of Living Index of 94.9 (below the national average of 100), the $66,010 salary in North Carolina offers better purchasing power than it might in a higher cost-of-living state, making it relatively more advantageous.

What does the total local workforce size imply for Lodging Managers in North Carolina?

A workforce of 1,600 Lodging Managers indicates a substantial presence of this profession within North Carolina, suggesting a mature market with ongoing opportunities for employment and career development.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,600 employees in the North Carolina area with a job density of 0.327 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.