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Average Lodging Managers Salary in Waco, TX

The average salary for Lodging Managerss in Waco, TX is $66,410. While this is lower than the national average, the cost of living in Waco, TX may offset the difference, preserving real purchasing power. Notably, Waco, TX is a key hub for this profession, with a job concentration 1.32x higher than average.

Executive Summary

  • Average Salary: $66,410 per year.
  • Growth Trend: Salaries have shifted 19.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $99,450.
  • Outlook: The current demand for Lodging Managerss is stable, with a local workforce of approximately 50 professionals. This role remains a specialized component of the broader Waco, TX economy.
2024 Market Data

Salary Overview

$66,410

The average Lodging Managers in Waco, TX earns-14.1%below the national average.

BreakdownBased on 40h/week
Hourly

$31.9

Weekly

$1,277

Monthly

$5,534

Lodging Managers Salary Distribution in Waco, TX

The earning potential for Lodging Managerss in Waco, TX varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $40,370, while highly experienced professionals can command wages upwards of $99,450.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$40,370$19.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$49,808$23.9
ManagerOversees team, compliance, and project delivery.50% (Median)$58,510$28.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$83,013$39.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$99,450$47.8

Detailed Lodging Managers Market Analysis

Relocation Context

Nominal Salary

$66,410

Gross Pay

Real Wage (Purchasing Power)

$66,410

Adjusted for COL (100)

In Waco, TX, the Cost of Living Index is 100. This increases your effective purchasing power from $66,410 to $66,410.

Job Market Context

50

Total Jobs

0.354

Per 1K Jobs

1.32

Location Quotient

Above Average

With a location quotient of 1.32, Waco, TX has a slightly higher-than-average concentration of Lodging Managers roles compared to the national norm.

50 people work as Lodging Managers in Waco, TX.

Only 0.354 out of every 1,000 local jobs are Lodging Managers roles — this is a niche profession in the area.

Nearby Job Markets

Hiring Lodging Managerss?

Frequently Asked Questions

How much does a Lodging Managers make in Waco, TX?

The median annual salary for a Lodging Managers in Waco, TX is $66,410. This typically ranges from $40,370 for entry-level positions to $99,450 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Waco, TX is 14.1% lower than the national median of $77,320.

Is Waco, TX a good place for Lodging Managerss?

Yes, Waco, TX is highly recommended due to strong job demand. While salaries are competitive ($66,410), the area is particularly notable for its high job density for Lodging Managerss. See distinct detailed breakdown below.

Is Waco, TX a good place to live for Lodging Managers?

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

Where are the highest paying cities near Waco, TX?

Some top paying nearby cities include North Region of Texas nonmetropolitan area ($58,930) and Northwestern Region of Texas nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 50 employees in the Waco, TX area with a job density of 0.354 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.