Average Management Occupations Salary in Capital/Northern New York nonmetropolitan area
Management Occupations in the Capital/Northern New York nonmetropolitan area command an average annual salary of $118,230. This figure is notably below the national average of $143,930, reflecting regional economic factors and industry concentration. The specific labor market dynamics and demand within this nonmetropolitan region contribute to this salary differential.
Executive Summary
- Average Salary: $118,230 per year.
- Growth Trend: Salaries have shifted 17.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $194,540.
- Outlook: The Capital/Northern New York nonmetropolitan area supports a workforce of 6,280 individuals in Management Occupations. With a Location Quotient of 0.63, the concentration of these roles is below the national average, suggesting a less saturated but potentially less robust job market compared to national benchmarks. The presence of 44.74 jobs per 1,000 workers indicates a moderate level of employment opportunity within this sector.
Salary Overview
The average Management Occupations in Capital/Northern New York nonmetropolitan area earns-17.9%below the national average.
$56.8
$2,274
$9,853
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Management Occupations have seen consistent growth over the past four years, mirroring broader economic trends. This upward trajectory is typically driven by inflation, increasing demand for skilled management professionals, and evolving industry needs. Professionals in this field can anticipate a gradual increase in earning potential as the market matures.
Management Occupations Salary Distribution in Capital/Northern New York nonmetropolitan area
Salary progression for Management Occupations is strongly tied to experience and demonstrated leadership capabilities. Entry-level positions typically start at the lower end of the salary spectrum, while senior management roles, requiring extensive experience and strategic oversight, command significantly higher compensation. The widening gap between entry-level and senior-level salaries reflects the substantial value placed on seasoned leadership and a proven track record of success.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $57,120 | $27.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $88,673 | $42.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $102,130 | $49.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $147,788 | $71.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $194,540 | $93.5 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$118,230
Gross Pay
Real Wage (Purchasing Power)
$118,230
Adjusted for COL (100)
The average annual salary of $118,230 in the Capital/Northern New York nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the salary is equivalent to the national average, offering a stable financial standing for residents. While the nominal salary is lower than the national average, the equivalent cost of living suggests that the take-home pay is relatively competitive within the local economic context.
Job Market Context
6,280
Total Jobs
44.74
Per 1K Jobs
0.63
Location Quotient
Capital/Northern New York nonmetropolitan area has 0.63x 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 0.63 for Management Occupations in the Capital/Northern New York nonmetropolitan area indicates that this sector is less concentrated than the national average. This suggests that while there may be fewer management roles relative to the overall workforce compared to national trends, the market is not oversaturated. This could present opportunities for skilled professionals seeking to establish themselves, though the overall demand might be more subdued.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Binghamton, NY Management Occupations Salary | $133,110↑ 13% | 49 mi |
| Kingston, NY Management Occupations Salary | $124,180↑ 5% | 51 mi |
| Scranton--Wilkes-Barre, PA Management Occupations Salary | $112,620↓ 5% | 64 mi |
| Utica-Rome, NY Management Occupations Salary | $126,640↑ 7% | 66 mi |
| Albany-Schenectady-Troy, NY Management Occupations Salary | $139,810↑ 18% | 68 mi |
Comparing salaries near Capital/Northern New York nonmetropolitan area
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Capital/Northern New York nonmetropolitan area?
The median annual salary for a Management Occupations in Capital/Northern New York nonmetropolitan area is $118,230. This typically ranges from $57,120 for entry-level positions to $194,540 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Capital/Northern New York nonmetropolitan area is 17.9% lower than the national median of $143,930.
Is Capital/Northern New York nonmetropolitan area a lucrative place for Management Occupations?
No, not exceptionally lucrative compared to national standards.The average salary of $118,230 is below the national average, and the concentration of management roles is also lower. However, the cost of living is at the national average, making the salary's purchasing power comparable locally.
Is Capital/Northern New York nonmetropolitan area a good place to live for Management Occupations?
The Cost of Living Index in Capital/Northern New York nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Capital/Northern New York nonmetropolitan area?
Some top paying nearby cities include Binghamton, NY ($133,110) and Kingston, NY.
How does the salary compare to the national average?
The average annual salary for Management Occupations in this region is $118,230, which is approximately 18% lower than the national average of $143,930.
What is the Cost of Living in Capital/Northern New York nonmetropolitan area?
The Cost of Living Index for this area is 100, which is exactly the national average. This means that the general cost of goods and services is comparable to the rest of the country.
How concentrated are Management Occupations in this area?
The Location Quotient of 0.63 indicates that Management Occupations are less concentrated in this region compared to the national average, suggesting fewer job opportunities relative to the total workforce.
What is the total workforce size for Management Occupations locally?
There are 6,280 individuals employed in Management Occupations within the Capital/Northern New York 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 6,280 employees in the Capital/Northern New York nonmetropolitan area area with a job density of 44.74 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 Capital/Northern New York nonmetropolitan area