Average Management Occupations Salary in Central Kentucky nonmetropolitan area
Management Occupations in the Central Kentucky nonmetropolitan area command an average annual salary of $95,970. This figure is notably below the national average of $143,930, reflecting the unique economic landscape and demand drivers specific to this region. Factors such as local industry concentration and the overall economic output of nonmetropolitan areas often influence compensation levels.
Executive Summary
- Average Salary: $95,970 per year.
- Growth Trend: Salaries have shifted 14.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $161,680.
- Outlook: With a local workforce of 11,320 individuals in Management Occupations, the job market in Central Kentucky presents a stable environment. The location quotient of 0.92 suggests that the concentration of these roles is nearly on par with the national average, indicating a steady demand that aligns with broader economic trends. The presence of 65.491 jobs per 1,000 workers further underscores the consistent need for management professionals in this area.
Salary Overview
The average Management Occupations in Central Kentucky nonmetropolitan area earns-33.3%below the national average.
$46.1
$1,846
$7,998
Management Occupations Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume that salaries for Management Occupations in Central Kentucky have experienced gradual growth over the past four years, mirroring national trends. Economic development and the increasing complexity of business operations typically drive upward pressure on management compensation, even in nonmetropolitan settings.
Management Occupations Salary Distribution in Central Kentucky nonmetropolitan area
The salary spectrum for Management Occupations in Central Kentucky varies significantly with experience. Entry-level positions will likely fall at the lower end of the pay scale, while senior management roles, with their increased responsibilities and strategic oversight, command substantially higher compensation. The percentile gaps between different experience levels signify clear pathways for career progression and salary advancement within the region.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $40,250 | $19.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $71,978 | $34.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $84,260 | $40.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $119,963 | $57.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $161,680 | $77.7 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$95,970
Gross Pay
Real Wage (Purchasing Power)
$95,970
Adjusted for COL (100)
The average annual salary of $95,970 in Central Kentucky 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 this region is equivalent to that of someone earning the national average salary in a location with a national average cost of living. Therefore, the nominal salary offers a comparable standard of living to the national average.
Job Market Context
11,320
Total Jobs
65.491
Per 1K Jobs
0.92
Location Quotient
Central Kentucky nonmetropolitan area 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.
A location quotient of 0.92 for Management Occupations in Central Kentucky indicates a job market that is closely aligned with the national distribution of these roles. This suggests a healthy and competitive environment where the supply of management talent generally meets the demand from local industries. While not significantly over-represented, the presence of these roles at a near-national average concentration points to a robust and sustainable job market.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Lexington-Fayette, KY Management Occupations Salary | $112,110↑ 17% | 28 mi |
| Elizabethtown, KY Management Occupations Salary | $99,690↑ 4% | 66 mi |
| Louisville/Jefferson County, KY-IN Management Occupations Salary | $118,700↑ 24% | 72 mi |
| Cincinnati, OH-KY-IN Management Occupations Salary | $127,900↑ 33% | 100 mi |
Comparing salaries near Central Kentucky nonmetropolitan area
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Central Kentucky nonmetropolitan area?
The median annual salary for a Management Occupations in Central Kentucky nonmetropolitan area is $95,970. This typically ranges from $40,250 for entry-level positions to $161,680 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Central Kentucky nonmetropolitan area is 33.3% lower than the national median of $143,930.
Is Central Kentucky nonmetropolitan area a lucrative place for Management Occupationss?
No, but it offers comparable living standards.While the average salary of $95,970 is below the national average, the cost of living also matches the national average. This means your earning potential is comparable in terms of purchasing power to the national average.
Is Central Kentucky nonmetropolitan area a good place to live for Management Occupations?
The Cost of Living Index in Central Kentucky nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Central Kentucky nonmetropolitan area?
Some top paying nearby cities include Lexington-Fayette, KY ($112,110) and Elizabethtown, KY.
How does the Central Kentucky management salary compare to the national average?
The average annual salary for Management Occupations in Central Kentucky is $95,970, which is significantly lower than the national average of $143,930.
What is the concentration of Management Occupations in Central Kentucky?
The location quotient for Management Occupations in Central Kentucky is 0.92, indicating a concentration that is slightly below the national average.
How does the cost of living in Central Kentucky affect salary perception?
Central Kentucky has a cost of living index of 100, which is the national average. This means the $95,970 salary offers purchasing power equivalent to the national average, despite being lower in nominal terms.
What is the total workforce size for Management Occupations in this region?
There are 11,320 individuals employed in Management Occupations within the Central Kentucky 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 11,320 employees in the Central Kentucky nonmetropolitan area area with a job density of 65.491 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 Kentucky nonmetropolitan area