SalaryNode

Average Management Occupations Salary in Detroit-Warren-Dearborn, MI

In Detroit-Warren-Dearborn, MI, professionals in Management Occupations can expect an average annual salary of $137,230. This figure is slightly below the national average of $143,930, reflecting a localized compensation structure influenced by regional economic factors and industry demands specific to the Detroit metropolitan area.

Executive Summary

  • Average Salary: $137,230 per year.
  • Growth Trend: Salaries have shifted 7.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $219,200.
  • Outlook: The Detroit-Warren-Dearborn area boasts a substantial workforce of 129,820 individuals, with management roles representing a significant portion. The Location Quotient of 0.96 indicates that management occupations are nearly as concentrated locally as they are nationally, suggesting a stable and robust demand for these skilled professionals within the region's diverse economic landscape.
2024 Market Data

Salary Overview

$137,230

The average Management Occupations in Detroit-Warren-Dearborn, MI earns-4.7%below the national average.

BreakdownBased on 40h/week
Hourly

$66

Weekly

$2,639

Monthly

$11,436

Management Occupations Salary Distribution in Detroit-Warren-Dearborn, MI

Career progression in Management Occupations within Detroit-Warren-Dearborn is strongly tied to experience. Entry-level management positions will naturally command lower salaries, while senior leadership roles, requiring extensive expertise and strategic oversight, will see significantly higher compensation. The salary distribution across different experience levels, often visualized through percentile data, clearly illustrates these advancement opportunities and the associated earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$60,700$29.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$102,923$49.5
ManagerOversees team, compliance, and project delivery.50% (Median)$124,150$59.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$171,538$82.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$219,200$105.4

Detailed Management Occupations Market Analysis

Relocation Context

Nominal Salary

$137,230

Gross Pay

Real Wage (Purchasing Power)

$137,230

Adjusted for COL (100)

With an average annual salary of $137,230 and a Cost of Living Index of 100, the nominal income in Detroit-Warren-Dearborn aligns precisely with the national average cost of living. This means that the purchasing power of a management professional's salary in this region is comparable to the national standard, offering a balanced lifestyle without significant financial strain relative to other major US cities.

Job Market Context

129,820

Total Jobs

68.003

Per 1K Jobs

0.96

Location Quotient

Below Average

Detroit-Warren-Dearborn, MI has 0.96x 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 0.96 for Management Occupations in Detroit-Warren-Dearborn suggests a market that is closely aligned with the national average in terms of concentration. This indicates a healthy and competitive job market where management talent is readily available, but also in consistent demand, reflecting the region's established industrial and commercial base.

Nearby Job Markets

Nearby Cities for Management Occupations

Comparing salaries near Detroit-Warren-Dearborn, MI

Hiring Management Occupationss?

Frequently Asked Questions

How much does a Management Occupations make in Detroit-Warren-Dearborn, MI?

The median annual salary for a Management Occupations in Detroit-Warren-Dearborn, MI is $137,230. This typically ranges from $60,700 for entry-level positions to $219,200 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Detroit-Warren-Dearborn, MI is 4.7% lower than the national median of $143,930.

Is Detroit-Warren-Dearborn, MI a lucrative place for Management Occupationss?

Yes, with caveats.The average salary of $137,230 is competitive, and with a Cost of Living Index of 100, your earnings hold national average purchasing power. However, it is slightly below the national average salary for this occupation.

Is Detroit-Warren-Dearborn, MI a good place to live for Management Occupations?

The Cost of Living Index in Detroit-Warren-Dearborn, MI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Detroit-Warren-Dearborn, MI?

Some top paying nearby cities include Monroe, MI ($119,930) and Ann Arbor, MI.

How does the Detroit management salary compare to the national average?

The average annual salary for Management Occupations in Detroit-Warren-Dearborn is $137,230, which is slightly lower than the national average of $143,930.

What is the significance of the Location Quotient (LQ) in Detroit?

An LQ of 0.96 indicates that management occupations are nearly as concentrated in Detroit-Warren-Dearborn as they are nationally, suggesting a stable and relevant job market for these roles.

How does the cost of living affect the Detroit management salary?

With a Cost of Living Index of 100, the Detroit area's cost of living is at the national average, meaning the $137,230 salary offers purchasing power equivalent to the national standard.

What is the overall size of the management workforce in Detroit?

The Detroit-Warren-Dearborn metropolitan area has a total local workforce of 129,820, with management occupations being a significant component of this employment base.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 129,820 employees in the Detroit-Warren-Dearborn, MI area with a job density of 68.003 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.