Average Management Occupations Salary in Bloomington, IN
In Bloomington, IN, professionals in Management Occupations earn an average annual salary of $130,650. This figure is notably below the national average of $143,930, suggesting that local market dynamics, industry concentration, and potentially the cost of doing business in the region influence compensation levels for these critical roles.
Executive Summary
- Average Salary: $130,650 per year.
- Growth Trend: Salaries have shifted 24.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $221,850.
- Outlook: Bloomington, IN supports a local workforce of 3,320 individuals in Management Occupations. With a Location Quotient of 0.64, the concentration of these roles is below the national average, indicating a less saturated market compared to the rest of the country. The presence of 45.37 jobs per 1,000 workers suggests a steady, albeit not exceptionally high, demand for management talent within the local economy.
Salary Overview
The average Management Occupations in Bloomington, IN earns-9.2%below the national average.
$62.8
$2,513
$10,888
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Management Occupations in Bloomington have seen consistent growth over the past four years, mirroring national trends. Economic expansion, inflation, and increasing demand for skilled management professionals likely contribute to a positive trajectory, ensuring that compensation packages remain competitive within the evolving local job market.
Management Occupations Salary Distribution in Bloomington, IN
Salary progression within Management Occupations in Bloomington is significantly influenced by experience. Entry-level positions typically command lower salaries, while senior and executive roles, requiring extensive expertise and leadership, can reach substantially higher figures. The widening gap between the lower and upper salary percentiles clearly signifies the substantial career growth and earning potential available to dedicated professionals in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $51,630 | $24.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $97,988 | $47.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $107,720 | $51.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $163,313 | $78.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $221,850 | $106.7 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$130,650
Gross Pay
Real Wage (Purchasing Power)
$130,650
Adjusted for COL (100)
The average annual salary of $130,650 in Bloomington aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary offers a purchasing power equivalent to the national average, making Bloomington an economically stable location for management professionals. While the salary is below the national average for the occupation, the neutral cost of living ensures that the take-home pay maintains its relative value.
Job Market Context
3,320
Total Jobs
45.37
Per 1K Jobs
0.64
Location Quotient
Bloomington, IN has 0.64x 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.
Bloomington's Location Quotient of 0.64 for Management Occupations indicates that these roles are less concentrated locally than the national average. This suggests that while management positions are present and necessary for the local economy, the market is not oversaturated with such talent. Consequently, experienced professionals may find a good balance between job availability and competition, potentially leading to favorable negotiation opportunities.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Columbus, IN Management Occupations Salary | $131,350↑ 1% | 33 mi |
| Indianapolis-Carmel-Greenwood, IN Management Occupations Salary | $131,330↑ 1% | 47 mi |
| Northern Indiana nonmetropolitan area Management Occupations Salary | $112,070↓ 14% | 49 mi |
| Southern Indiana nonmetropolitan area Management Occupations Salary | $108,180↓ 17% | 49 mi |
| Central Indiana nonmetropolitan area Management Occupations Salary | $108,370↓ 17% | 49 mi |
Comparing salaries near Bloomington, IN
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Bloomington, IN?
The median annual salary for a Management Occupations in Bloomington, IN is $130,650. This typically ranges from $51,630 for entry-level positions to $221,850 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Bloomington, IN is 9.2% lower than the national median of $143,930.
Is Bloomington, IN a lucrative place for Management Occupationss?
No, but it offers stable purchasing power.While the average salary of $130,650 is below the national average, the cost of living in Bloomington is exactly at the national average. This means your earnings hold their value effectively within the local economy.
Is Bloomington, IN a good place to live for Management Occupations?
The Cost of Living Index in Bloomington, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Bloomington, IN?
Some top paying nearby cities include Columbus, IN ($131,350) and Indianapolis-Carmel-Greenwood, IN.
How does Bloomington's management salary compare to the national average?
The average annual salary for Management Occupations in Bloomington, IN is $130,650, which is lower than the national average of $143,930.
What is the concentration of Management Occupations in Bloomington compared to the US?
Bloomington has a Location Quotient of 0.64 for Management Occupations, meaning the concentration of these jobs is 36% lower than the national average.
How many management jobs are there per 1,000 workers in Bloomington?
There are approximately 45.37 management jobs per 1,000 workers in Bloomington, IN.
Does the cost of living in Bloomington affect the value of the management salary?
No, the cost of living in Bloomington is exactly at the national average (100), meaning the $130,650 salary has the same purchasing power as the national average salary.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,320 employees in the Bloomington, IN area with a job density of 45.37 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 Bloomington, IN