Average Management Occupations Salary in Central Indiana nonmetropolitan area
Management Occupations in Central Indiana's nonmetropolitan area command an average annual salary of $108,370. This figure is notably below the national average of $143,930, reflecting regional economic factors and potentially a different industry focus compared to more urbanized or specialized national hubs. The specific economic landscape and demand within this region directly influence compensation levels for management roles.
Executive Summary
- Average Salary: $108,370 per year.
- Growth Trend: Salaries have shifted 20.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $178,140.
- Outlook: With a local workforce of 6,920 individuals in Management Occupations, the presence of these roles is significant within the Central Indiana nonmetropolitan area. The Location Quotient of 0.6 indicates that management positions are less concentrated here than the national average, suggesting a market that may be less saturated but also potentially less dynamic in terms of sheer volume of opportunities compared to national benchmarks. The figure of 42.917 jobs per 1,000 workers highlights a steady, albeit not overwhelmingly high, demand for management talent.
Salary Overview
The average Management Occupations in Central Indiana nonmetropolitan area earns-24.7%below the national average.
$52.1
$2,084
$9,031
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that management salaries in Central Indiana's nonmetropolitan area have experienced growth over the past four years, mirroring general economic trends. This growth would likely be influenced by inflation, evolving industry demands, and the need to attract and retain skilled management professionals within the region.
Management Occupations Salary Distribution in Central Indiana nonmetropolitan area
Salary progression for Management Occupations typically scales significantly with experience. Entry-level positions will naturally command lower salaries, while senior management roles, requiring extensive experience, strategic decision-making capabilities, and leadership, will see substantially higher compensation. The percentile gaps in salary distribution within Central Indiana would clearly signify these career progression pathways, rewarding accumulated expertise and proven leadership.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,890 | $23.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $81,278 | $39.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $95,230 | $45.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $135,463 | $65.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $178,140 | $85.6 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$108,370
Gross Pay
Real Wage (Purchasing Power)
$108,370
Adjusted for COL (100)
The average annual salary of $108,370 in Central Indiana's nonmetropolitan area 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. Therefore, the salary offers a comparable standard of living to what one might expect elsewhere in the country, without the added expense of a higher cost of living.
Job Market Context
6,920
Total Jobs
42.917
Per 1K Jobs
0.6
Location Quotient
Central Indiana nonmetropolitan area has 0.60x 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 0.6 for Management Occupations in Central Indiana's nonmetropolitan area suggests that this sector is less concentrated than the national average. This could indicate fewer specialized management roles or a broader distribution of management responsibilities across various industries. While not indicating an oversupply of management talent, it implies a market that may offer unique opportunities for those seeking to establish or advance their careers in a less competitive, though potentially less specialized, environment.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Indianapolis-Carmel-Greenwood, IN Management Occupations Salary | $131,330↑ 21% | 8 mi |
| Kokomo, IN Management Occupations Salary | $112,210↑ 4% | 43 mi |
| Columbus, IN Management Occupations Salary | $131,350↑ 21% | 48 mi |
| Bloomington, IN Management Occupations Salary | $130,650↑ 21% | 49 mi |
| Lafayette-West Lafayette, IN Management Occupations Salary | $124,960↑ 15% | 50 mi |
Comparing salaries near Central Indiana nonmetropolitan area
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Central Indiana nonmetropolitan area?
The median annual salary for a Management Occupations in Central Indiana nonmetropolitan area is $108,370. This typically ranges from $48,890 for entry-level positions to $178,140 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Central Indiana nonmetropolitan area is 24.7% lower than the national median of $143,930.
Is Central Indiana nonmetropolitan area a lucrative place for Management Occupationss?
No, it is not as lucrative as the national average.The average salary of $108,370 is significantly lower than the national average of $143,930, although the cost of living is on par with the national average.
Is Central Indiana nonmetropolitan area a good place to live for Management Occupations?
The Cost of Living Index in Central Indiana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Central Indiana nonmetropolitan area?
Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($131,330) and Kokomo, IN.
How does the Central Indiana management salary compare to the national average?
The average annual salary for Management Occupations in Central Indiana's nonmetropolitan area is $108,370, which is considerably lower than the national average of $143,930.
What is the Cost of Living like in Central Indiana's nonmetropolitan area?
The Cost of Living Index in this region is 100, which is exactly the national average, meaning your income has the same purchasing power as it would nationally.
How concentrated are Management Occupations in this region compared to the rest of the country?
The Location Quotient of 0.6 indicates that Management Occupations are less concentrated in Central Indiana's nonmetropolitan area than the national average.
What does the number of jobs per 1,000 workers suggest about the management job market?
With 42.917 jobs per 1,000 workers, the management job market in this region shows a steady demand for professionals, though it is not as intensely concentrated as in some other areas.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,920 employees in the Central Indiana nonmetropolitan area area with a job density of 42.917 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 Central Indiana nonmetropolitan area