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Average Management Occupations Salary in East Kentucky nonmetropolitan area

Management Occupations in the East Kentucky nonmetropolitan area command an average annual salary of $88,910. This figure significantly trails the national average of $143,930, reflecting the distinct economic landscape and industry demands prevalent in this region. Localized economic factors and industry concentration play a crucial role in shaping compensation for these vital roles.

Executive Summary

  • Average Salary: $88,910 per year.
  • Growth Trend: Salaries have shifted 13.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $146,630.
  • Outlook: With a local workforce of 5,310 individuals in Management Occupations, the presence of 57.471 jobs per 1,000 workers suggests a stable, albeit not exceptionally concentrated, demand for these roles. The Location Quotient of 0.81 indicates that management positions are slightly less prevalent than the national average, implying a moderate job market that is neither oversaturated nor critically undersupplied.
2024 Market Data

Salary Overview

$88,910

The average Management Occupations in East Kentucky nonmetropolitan area earns-38.2%below the national average.

BreakdownBased on 40h/week
Hourly

$42.8

Weekly

$1,710

Monthly

$7,409

Management Occupations Salary Distribution in East Kentucky nonmetropolitan area

The salary spectrum for Management Occupations typically widens with experience. Entry-level positions might start at a lower percentile, while senior management roles command significantly higher earnings, often reaching into the upper percentiles. The discernible gaps between salary percentiles underscore the substantial career progression and earning potential available to those who advance within management fields.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,000$17.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$66,683$32.1
ManagerOversees team, compliance, and project delivery.50% (Median)$76,720$36.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$111,138$53.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$146,630$70.5

Detailed Management Occupations Market Analysis

Relocation Context

Nominal Salary

$88,910

Gross Pay

Real Wage (Purchasing Power)

$88,910

Adjusted for COL (100)

An average annual salary of $88,910 in East Kentucky nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income is comparable to the national standard, making the region's compensation relatively stable in terms of real value.

Job Market Context

5,310

Total Jobs

57.471

Per 1K Jobs

0.81

Location Quotient

Below Average

East Kentucky nonmetropolitan area has 0.81x 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.

The Location Quotient of 0.81 for Management Occupations in East Kentucky nonmetropolitan area suggests that these roles are slightly less concentrated compared to the national average. This indicates a market where management professionals are present but not overwhelmingly abundant, potentially offering a balanced competitive environment for job seekers and employers alike.

Nearby Job Markets

Nearby Cities for Management Occupations

Comparing salaries near East Kentucky nonmetropolitan area

Hiring Management Occupationss?

Frequently Asked Questions

How much does a Management Occupations make in East Kentucky nonmetropolitan area?

The median annual salary for a Management Occupations in East Kentucky nonmetropolitan area is $88,910. This typically ranges from $36,000 for entry-level positions to $146,630 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in East Kentucky nonmetropolitan area is 38.2% lower than the national median of $143,930.

Is East Kentucky nonmetropolitan area a lucrative place for Management Occupationss?

No, not when compared to national averages.While the average salary of $88,910 is substantial, it falls considerably short of the national average of $143,930. However, the cost of living being at the national average means the purchasing power is relatively stable.

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

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

Where are the highest paying cities near East Kentucky nonmetropolitan area?

Some top paying nearby cities include Lexington-Fayette, KY ($112,110) and Elizabethtown, KY.

How does the local workforce size impact management job availability?

A local workforce of 5,310 in management occupations, with 57.471 jobs per 1,000 workers, indicates a steady presence of management roles, though not necessarily explosive growth.

What does a Location Quotient of 0.81 signify for management roles?

A Location Quotient below 1.0, like 0.81, suggests that management occupations are less concentrated in East Kentucky nonmetropolitan area compared to the national average, implying a moderate level of competition.

How does the cost of living affect the $88,910 salary?

With a Cost of Living Index of 100, the $88,910 salary offers purchasing power equivalent to the national average, mitigating the impact of the lower nominal wage.

What is the national average salary for Management Occupations?

The national average annual salary for Management Occupations is $143,930, significantly higher than the average observed in the East 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 5,310 employees in the East Kentucky nonmetropolitan area area with a job density of 57.471 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.