Average Management Occupations Salary in Cheyenne, WY
In Cheyenne, WY, professionals in Management Occupations can expect an average annual salary of $109,530. This figure is notably below the national average of $143,930, suggesting that local economic factors, industry concentration, and potentially a smaller market size influence compensation within this sector in the Wyoming capital.
Executive Summary
- Average Salary: $109,530 per year.
- Growth Trend: Salaries have shifted 14.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $166,950.
- Outlook: Cheyenne's management sector comprises a local workforce of 2,860 individuals, with 60.259 jobs per thousand workers. The Location Quotient of 0.85 indicates that management roles are slightly less concentrated here than the national average, suggesting a stable but not exceptionally high demand for these positions within the local economy.
Salary Overview
The average Management Occupations in Cheyenne, WY earns-23.9%below the national average.
$52.7
$2,106
$9,128
Management Occupations Salary Trends (2020-2024)
While specific historical data for Cheyenne's management sector isn't provided, it's reasonable to assume a general trend of salary growth over the past four years, mirroring national patterns. Economic recovery and evolving business needs typically drive an upward trajectory in compensation for management roles, reflecting increased responsibilities and the value they bring to organizations.
Management Occupations Salary Distribution in Cheyenne, WY
Salary progression within Management Occupations in Cheyenne, WY, typically sees significant increases with experience. Entry-level positions might start considerably lower than the average, while senior management roles can command salaries well above $109,530. The percentile gaps in earnings clearly signify the career advancement and increased earning potential available as professionals gain expertise and take on greater leadership responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $50,710 | $24.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $82,148 | $39.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $101,440 | $48.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $136,913 | $65.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $166,950 | $80.3 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$109,530
Gross Pay
Real Wage (Purchasing Power)
$109,530
Adjusted for COL (100)
The average annual salary of $109,530 in Cheyenne, WY, aligns perfectly with the national average cost of living, indicated by an index of 100. This means that the purchasing power of a management professional's income in Cheyenne is equivalent to that of someone in a similarly average cost-of-living area nationally, offering a stable financial baseline.
Job Market Context
2,860
Total Jobs
60.259
Per 1K Jobs
0.85
Location Quotient
Cheyenne, WY has 0.85x 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 0.85, the management job market in Cheyenne, WY, is slightly less concentrated than the national average. This suggests that while management roles are present and necessary, the field may not be as saturated as in larger metropolitan areas, potentially offering a balanced competitive landscape for job seekers and employers alike.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Fort Collins-Loveland, CO Management Occupations Salary | $147,740↑ 35% | 43 mi |
| Greeley, CO Management Occupations Salary | $143,500↑ 31% | 50 mi |
| Boulder, CO Management Occupations Salary | $177,420↑ 62% | 80 mi |
| Denver-Aurora-Centennial, CO Management Occupations Salary | $169,810↑ 55% | 95 mi |
Comparing salaries near Cheyenne, WY
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Cheyenne, WY?
The median annual salary for a Management Occupations in Cheyenne, WY is $109,530. This typically ranges from $50,710 for entry-level positions to $166,950 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Cheyenne, WY is 23.9% lower than the national median of $143,930.
Is Cheyenne, WY a lucrative place for Management Occupationss?
No, not exceptionally lucrative compared to the national average.While the average salary of $109,530 is substantial, it falls below the national average of $143,930. However, the cost of living is on par with the national average, making the salary's purchasing power comparable.
Is Cheyenne, WY a good place to live for Management Occupations?
The Cost of Living Index in Cheyenne, WY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Cheyenne, WY?
Some top paying nearby cities include Fort Collins-Loveland, CO ($147,740) and Greeley, CO.
How does Cheyenne's management salary compare to the national average?
The average salary for Management Occupations in Cheyenne, WY, is $109,530, which is approximately 24% lower than the national average of $143,930.
What is the cost of living in Cheyenne, WY for management professionals?
Cheyenne, WY, has a cost of living index of 100, which is exactly the national average. This means that the expenses for goods and services are comparable to the national average.
How concentrated is the management job market in Cheyenne, WY?
The management job market in Cheyenne has a Location Quotient of 0.85, indicating it is slightly less concentrated than the national average, suggesting a moderate level of demand relative to other occupations.
What is the total number of management professionals in Cheyenne, WY?
There are approximately 2,860 individuals employed in Management Occupations within Cheyenne, WY.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,860 employees in the Cheyenne, WY area with a job density of 60.259 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 Cheyenne, WY