Average Management Occupations Salary in Dover, DE
In Dover, Delaware, professionals in Management Occupations can expect an average annual salary of $125,720. This figure is notably below the national average of $143,930, suggesting that local economic factors or industry concentration may influence compensation levels. While the nominal salary is substantial, understanding its purchasing power relative to local expenses is crucial.
Executive Summary
- Average Salary: $125,720 per year.
- Growth Trend: Salaries have shifted 2.6% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $205,110.
- Outlook: Dover, DE supports a local workforce of 3,010 individuals in Management Occupations. The Location Quotient of 0.62 indicates that management roles are less concentrated here than the national average, implying a potentially less saturated but perhaps more specialized job market. With 43.907 jobs per 1,000 workers, the demand, while not exceeding national density, suggests a stable presence of these critical roles within the local economy.
Salary Overview
The average Management Occupations in Dover, DE earns-12.7%below the national average.
$60.4
$2,418
$10,477
Management Occupations Salary Trends (2020-2024)
While specific historical data for Dover, DE'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 expansion, inflation, and increasing demand for skilled management professionals typically drive upward adjustments in compensation across most regions. This suggests that current salaries may represent an improvement over previous years, with potential for continued modest increases.
Management Occupations Salary Distribution in Dover, DE
Salary progression within Management Occupations in Dover, DE, typically scales significantly with experience. Entry-level management positions might start closer to the lower percentiles, while senior executives and directors command salaries in the upper percentiles. The gap between these levels reflects not only years of experience but also the increasing scope of responsibility, strategic impact, and specialized skills required for higher-paying roles, signifying clear career advancement pathways.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $62,670 | $30.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $94,290 | $45.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $117,580 | $56.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $157,150 | $75.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $205,110 | $98.6 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$125,720
Gross Pay
Real Wage (Purchasing Power)
$125,720
Adjusted for COL (100)
The average annual salary of $125,720 in Dover, DE, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a management professional's income in Dover is equivalent to that of someone earning the national average salary in a location with average living costs. Therefore, the nominal salary translates directly to average living standards without significant gains or losses in real terms due to local expenses.
Job Market Context
3,010
Total Jobs
43.907
Per 1K Jobs
0.62
Location Quotient
Dover, DE has 0.62x 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 0.62, Dover, DE, has a lower concentration of Management Occupations compared to the national average. This suggests that while management roles are present and necessary for the local economy, the market is not oversaturated. This could translate to a more competitive landscape for job seekers, as the number of available positions might be proportionally lower relative to the national density, but also potentially offers opportunities for those with specialized skills.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Sussex Delaware nonmetropolitan area Management Occupations Salary | $133,420↑ 6% | 11 mi |
| Vineland, NJ Management Occupations Salary | $135,150↑ 8% | 35 mi |
| Salisbury, MD Management Occupations Salary | $116,960↓ 7% | 54 mi |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Management Occupations Salary | $148,650↑ 18% | 58 mi |
| Atlantic City-Hammonton, NJ Management Occupations Salary | $135,260↑ 8% | 59 mi |
Comparing salaries near Dover, DE
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Dover, DE?
The median annual salary for a Management Occupations in Dover, DE is $125,720. This typically ranges from $62,670 for entry-level positions to $205,110 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Dover, DE is 12.7% lower than the national median of $143,930.
Is Dover, DE a lucrative place for Management Occupationss?
No, not exceptionally lucrative compared to the national average.While the average salary of $125,720 is substantial, it falls below the national average of $143,930. However, the cost of living being at the national average means the salary's purchasing power is standard.
Is Dover, DE a good place to live for Management Occupations?
The Cost of Living Index in Dover, DE is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Dover, DE?
Some top paying nearby cities include Sussex Delaware nonmetropolitan area ($133,420) and Vineland, NJ.
How does Dover, DE's management salary compare to the national average?
The average annual salary for Management Occupations in Dover, DE is $125,720, which is below the national average of $143,930.
What is the cost of living in Dover, DE for management professionals?
Dover, DE has a Cost of Living Index of 100, which is exactly the national average, meaning living expenses are neither significantly higher nor lower than the typical US location.
How concentrated are management jobs in Dover, DE?
Management jobs are less concentrated in Dover, DE, with a Location Quotient of 0.62, indicating fewer management roles per worker compared to the national average.
What is the total number of management professionals in Dover, DE?
There are approximately 3,010 individuals employed in Management Occupations within Dover, DE.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,010 employees in the Dover, DE area with a job density of 43.907 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 Dover, DE