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Average Management Occupations Salary in Cedar Rapids, IA

In Cedar Rapids, IA, professionals in Management Occupations earn an average annual salary of $115,620. This figure sits below the national average of $143,930, reflecting the specific economic dynamics and demand within the local market. Factors such as industry concentration and regional economic drivers typically influence these localized pay scales.

Executive Summary

  • Average Salary: $115,620 per year.
  • Growth Trend: Salaries have shifted 3.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $193,460.
  • Outlook: Cedar Rapids supports a substantial workforce in Management Occupations, with 9,140 individuals employed in these roles. The Location Quotient of 0.92 indicates that management positions are nearly as concentrated in Cedar Rapids as they are nationally, suggesting a stable and consistent demand for these skilled professionals within the local economy.
2024 Market Data

Salary Overview

$115,620

The average Management Occupations in Cedar Rapids, IA earns-19.7%below the national average.

BreakdownBased on 40h/week
Hourly

$55.6

Weekly

$2,223

Monthly

$9,635

Management Occupations Salary Distribution in Cedar Rapids, IA

Salaries for Management Occupations in Cedar Rapids, like elsewhere, scale significantly with experience. Entry-level management roles typically command lower salaries, while senior and executive positions, requiring extensive experience and specialized skills, can earn considerably more. The progression from junior to senior roles is often marked by substantial salary increases, reflecting increased responsibility and proven leadership capabilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$48,050$23.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$86,715$41.7
ManagerOversees team, compliance, and project delivery.50% (Median)$101,570$48.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$144,525$69.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$193,460$93

Detailed Management Occupations Market Analysis

Relocation Context

Nominal Salary

$115,620

Gross Pay

Real Wage (Purchasing Power)

$115,620

Adjusted for COL (100)

The average annual salary of $115,620 in Cedar Rapids aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a management professional's salary in Cedar Rapids is equivalent to the national average, offering a stable financial environment for residents.

Job Market Context

9,140

Total Jobs

65.653

Per 1K Jobs

0.92

Location Quotient

Below Average

Cedar Rapids, IA has 0.92x 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.

With a Location Quotient of 0.92, Cedar Rapids demonstrates a management job market that is closely aligned with national averages in terms of concentration. This suggests a healthy, competitive landscape where opportunities are readily available, but perhaps not as intensely concentrated as in major metropolitan hubs.

Nearby Job Markets

Nearby Cities for Management Occupations

Comparing salaries near Cedar Rapids, IA

Hiring Management Occupationss?

Frequently Asked Questions

How much does a Management Occupations make in Cedar Rapids, IA?

The median annual salary for a Management Occupations in Cedar Rapids, IA is $115,620. This typically ranges from $48,050 for entry-level positions to $193,460 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Cedar Rapids, IA is 19.7% lower than the national median of $143,930.

Is Cedar Rapids, IA a lucrative place for Management Occupationss?

Yes, with a caveat.While the average salary of $115,620 is below the national average, the cost of living in Cedar Rapids is also at the national average, making the salary's purchasing power comparable. The stable job market concentration indicates consistent opportunities.

Is Cedar Rapids, IA a good place to live for Management Occupations?

The Cost of Living Index in Cedar Rapids, IA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Cedar Rapids, IA?

Some top paying nearby cities include Iowa City, IA ($110,660) and Waterloo-Cedar Falls, IA.

How does the Cedar Rapids management salary compare to the national average?

The average annual salary for Management Occupations in Cedar Rapids is $115,620, which is lower than the national average of $143,930.

What is the job concentration for management roles in Cedar Rapids?

Cedar Rapids has a Location Quotient of 0.92 for Management Occupations, indicating that the concentration of these jobs is slightly below the national average.

How does the cost of living in Cedar Rapids affect the salary?

The Cost of Living Index in Cedar Rapids is 100, which is the national average. This means the $115,620 salary has the same purchasing power as the national average salary.

How many management jobs are there per 1,000 workers in Cedar Rapids?

There are approximately 65.653 management jobs per 1,000 workers in Cedar Rapids.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 9,140 employees in the Cedar Rapids, IA area with a job density of 65.653 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.