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Average Management Occupations Salary in Connecticut nonmetropolitan area

Management Occupations in Connecticut's nonmetropolitan areas command an average annual salary of $129,950. This figure is slightly below the national average of $143,930, reflecting a nuanced economic landscape outside major urban centers. Factors such as regional industry focus and the specific demand within these less densely populated areas contribute to this compensation.

Executive Summary

  • Average Salary: $129,950 per year.
  • Growth Trend: Salaries have shifted 19.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $211,900.
  • Outlook: The management sector in Connecticut's nonmetropolitan areas represents a significant segment of the local economy, with 4,780 professionals employed. The Location Quotient of 1.02 indicates a concentration of these roles that is very close to the national average, suggesting a stable and established demand for management expertise within these regions.
2024 Market Data

Salary Overview

$129,950

The average Management Occupations in Connecticut nonmetropolitan area earns-9.7%below the national average.

BreakdownBased on 40h/week
Hourly

$62.5

Weekly

$2,499

Monthly

$10,829

Management Occupations Salary Distribution in Connecticut nonmetropolitan area

Career progression within Management Occupations significantly impacts earning potential. Entry-level positions typically start at lower percentiles, while senior roles and executive leadership command salaries in the higher percentiles. The widening gap between entry-level and senior salaries underscores the substantial rewards associated with gaining experience and advancing through management ranks.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$59,220$28.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$97,463$46.9
ManagerOversees team, compliance, and project delivery.50% (Median)$115,510$55.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$162,438$78.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$211,900$101.9

Detailed Management Occupations Market Analysis

Relocation Context

Nominal Salary

$129,950

Gross Pay

Real Wage (Purchasing Power)

$129,950

Adjusted for COL (100)

An average salary of $129,950 in Connecticut's nonmetropolitan areas 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 the national standard, offering a balanced financial environment for residents.

Job Market Context

4,780

Total Jobs

72.462

Per 1K Jobs

1.02

Location Quotient

Above Average

With a location quotient of 1.02, Connecticut nonmetropolitan area has a slightly higher-than-average concentration of Management Occupations roles compared to the national norm.

With a Location Quotient of 1.02, the job market for Management Occupations in Connecticut's nonmetropolitan areas is nearly identical in concentration to the national average. This suggests a competitive yet stable environment where the availability of management talent closely matches the demand, offering consistent opportunities for skilled professionals.

Nearby Job Markets

Nearby Cities for Management Occupations

Comparing salaries near Connecticut nonmetropolitan area

Hiring Management Occupationss?

Frequently Asked Questions

How much does a Management Occupations make in Connecticut nonmetropolitan area?

The median annual salary for a Management Occupations in Connecticut nonmetropolitan area is $129,950. This typically ranges from $59,220 for entry-level positions to $211,900 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Connecticut nonmetropolitan area is 9.7% lower than the national median of $143,930.

Is Connecticut nonmetropolitan area a lucrative place for Management Occupationss?

Yes, it offers a competitive salary.Management Occupations in Connecticut's nonmetropolitan areas earn an average of $129,950, which is competitive given the national average cost of living. The stable job market concentration indicates consistent opportunities.

Is Connecticut nonmetropolitan area a good place to live for Management Occupations?

The Cost of Living Index in Connecticut nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Connecticut nonmetropolitan area?

Some top paying nearby cities include Hartford-West Hartford-East Hartford, CT ($155,730) and Waterbury-Shelton, CT.

How does the salary compare to the national average?

The average annual salary for Management Occupations in Connecticut's nonmetropolitan areas is $129,950, which is slightly lower than the national average of $143,930.

What is the concentration of Management Occupations in this area?

The concentration, measured by the Location Quotient, is 1.02, indicating that Management Occupations are employed at a rate very close to the national average.

How does the cost of living affect the salary?

The Cost of Living Index is 100, matching the national average. This means the $129,950 salary has the same purchasing power as the national average salary.

How many management jobs are there in this region?

There are approximately 4,780 individuals employed in Management Occupations within Connecticut's nonmetropolitan areas.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,780 employees in the Connecticut nonmetropolitan area area with a job density of 72.462 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.