Average Management Occupations Salary in Blacksburg-Christiansburg-Radford, VA
In Blacksburg-Christiansburg-Radford, VA, professionals in Management Occupations can expect an average annual salary of $128,440. This figure is notably below the national average of $143,930, suggesting that local economic factors and industry demand play a significant role in compensation within this region.
Executive Summary
- Average Salary: $128,440 per year.
- Growth Trend: Salaries have shifted 15.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $220,400.
- Outlook: The Blacksburg-Christiansburg-Radford area supports a local workforce of 3,650 individuals in Management Occupations. With a Location Quotient of 0.69, management roles are present but less concentrated than the national average, indicating a stable yet potentially less saturated job market for these positions.
Salary Overview
The average Management Occupations in Blacksburg-Christiansburg-Radford, VA earns-10.8%below the national average.
$61.8
$2,470
$10,703
Management Occupations Salary Trends (2020-2024)
While specific historical data for this locality is not provided, it is generally assumed that management salaries across the nation, and likely within Blacksburg-Christiansburg-Radford, have experienced steady growth over the past four years, reflecting inflation, increased demand for skilled leadership, and evolving economic conditions.
Management Occupations Salary Distribution in Blacksburg-Christiansburg-Radford, VA
Career progression in Management Occupations typically involves a significant salary increase from entry-level to senior positions. The percentile gaps in earnings signify the value placed on experience, strategic decision-making, and leadership capabilities, with senior roles commanding substantially higher compensation.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $56,180 | $27 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $96,330 | $46.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $106,640 | $51.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $160,550 | $77.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $220,400 | $106 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$128,440
Gross Pay
Real Wage (Purchasing Power)
$128,440
Adjusted for COL (100)
The average annual salary of $128,440 in Blacksburg-Christiansburg-Radford aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income locally is equivalent to the national standard, making it a financially neutral relocation from a cost perspective.
Job Market Context
3,650
Total Jobs
49.033
Per 1K Jobs
0.69
Location Quotient
Blacksburg-Christiansburg-Radford, VA has 0.69x the national average concentration of Management Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.69 for Management Occupations in Blacksburg-Christiansburg-Radford suggests that this sector is less concentrated here compared to the national average. This indicates that while management roles are available, the market may be less competitive or offer fewer specialized opportunities than in more heavily concentrated areas.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Roanoke, VA Management Occupations Salary | $124,640↓ 3% | 26 mi |
| Beckley, WV Management Occupations Salary | $97,830↓ 24% | 57 mi |
| Lynchburg, VA Management Occupations Salary | $125,240↓ 2% | 69 mi |
| Winston-Salem, NC Management Occupations Salary | $125,730↓ 2% | 79 mi |
| Greensboro-High Point, NC Management Occupations Salary | $126,490↓ 2% | 85 mi |
Comparing salaries near Blacksburg-Christiansburg-Radford, VA
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Blacksburg-Christiansburg-Radford, VA?
The median annual salary for a Management Occupations in Blacksburg-Christiansburg-Radford, VA is $128,440. This typically ranges from $56,180 for entry-level positions to $220,400 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Blacksburg-Christiansburg-Radford, VA is 10.8% lower than the national median of $143,930.
Is Blacksburg-Christiansburg-Radford, VA a lucrative place for Management Occupationss?
No, not more lucrative than the national average.The average salary of $128,440 is below the national average, though the cost of living is on par. This suggests that while your money may go as far, the overall earning potential is lower compared to national benchmarks.
Is Blacksburg-Christiansburg-Radford, VA a good place to live for Management Occupations?
The Cost of Living Index in Blacksburg-Christiansburg-Radford, VA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Blacksburg-Christiansburg-Radford, VA?
Some top paying nearby cities include Roanoke, VA ($124,640) and Beckley, WV.
How does the local management job market compare to the national average?
The local market in Blacksburg-Christiansburg-Radford has a lower concentration of management jobs (LQ of 0.69) than the national average, suggesting fewer opportunities relative to the overall workforce size.
What is the total number of management jobs in the area?
There are approximately 3,650 individuals employed in Management Occupations within the Blacksburg-Christiansburg-Radford, VA area.
Does the cost of living affect the value of the management salary?
No, the cost of living in Blacksburg-Christiansburg-Radford is exactly at the national average (100), meaning the $128,440 salary has the same purchasing power as it would nationally.
How many management jobs are there per 1,000 workers locally?
There are approximately 49.033 management jobs per 1,000 workers in the Blacksburg-Christiansburg-Radford area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,650 employees in the Blacksburg-Christiansburg-Radford, VA area with a job density of 49.033 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Management Occupations • Data source: BLS OEWS 2024 •Jobs in Blacksburg-Christiansburg-Radford, VA