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Average Management Occupations Salary in Fargo, ND-MN

Management occupations in Fargo, ND-MN command an average annual salary of $121,030. This figure is notably below the national average of $143,930, suggesting that local market dynamics and industry specificities in the Fargo region may influence compensation levels. Factors such as the concentration of specific industries and the overall economic landscape of the area contribute to this pay differential.

Executive Summary

  • Average Salary: $121,030 per year.
  • Growth Trend: Salaries have shifted 6.5% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $191,400.
  • Outlook: The Fargo, ND-MN metropolitan area supports a substantial workforce of 8,950 individuals in management occupations. With a location quotient of 0.85, management roles are slightly less concentrated than the national average, indicating a stable yet not overly saturated market. The presence of 60.67 management jobs per 1,000 workers underscores a consistent demand for leadership and operational expertise within the local economy.
2024 Market Data

Salary Overview

$121,030

The average Management Occupations in Fargo, ND-MN earns-15.9%below the national average.

BreakdownBased on 40h/week
Hourly

$58.2

Weekly

$2,328

Monthly

$10,086

Management Occupations Salary Distribution in Fargo, ND-MN

Salary progression within management occupations in Fargo, ND-MN typically scales significantly with experience. Entry-level management positions may start at a lower percentile of the salary range, while senior leadership roles, characterized by greater responsibility and strategic oversight, command top-tier compensation. The widening gap between entry-level and senior-level salaries signifies clear opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$54,190$26.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$90,773$43.6
ManagerOversees team, compliance, and project delivery.50% (Median)$101,160$48.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$151,288$72.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$191,400$92

Detailed Management Occupations Market Analysis

Relocation Context

Nominal Salary

$121,030

Gross Pay

Real Wage (Purchasing Power)

$121,030

Adjusted for COL (100)

The average nominal salary of $121,030 in Fargo, ND-MN 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 Fargo is equivalent to that of their national counterpart, offering a stable financial foundation for residents without the added burden of higher living expenses.

Job Market Context

8,950

Total Jobs

60.67

Per 1K Jobs

0.85

Location Quotient

Below Average

Fargo, ND-MN 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.

A location quotient of 0.85 for management occupations in Fargo, ND-MN suggests that the region has a slightly lower concentration of these roles compared to the national average. This indicates a competitive but accessible job market, where demand for skilled management professionals is present but not overwhelmingly saturated, offering good opportunities for qualified candidates.

Nearby Job Markets

Nearby Cities for Management Occupations

CitySalaryDist.
Grand Forks, ND-MN Management Occupations Salary$111,520↓ 8%74 mi

Comparing salaries near Fargo, ND-MN

Hiring Management Occupationss?

Frequently Asked Questions

How much does a Management Occupations make in Fargo, ND-MN?

The median annual salary for a Management Occupations in Fargo, ND-MN is $121,030. This typically ranges from $54,190 for entry-level positions to $191,400 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Fargo, ND-MN is 15.9% lower than the national median of $143,930.

Is Fargo, ND-MN a lucrative place for Management Occupationss?

No, not when compared to the national average.While the average salary of $121,030 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 Fargo, ND-MN a good place to live for Management Occupations?

The Cost of Living Index in Fargo, ND-MN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Fargo, ND-MN?

Some top paying nearby cities include Grand Forks, ND-MN ($111,520) and others.

What is the average salary for management roles in Fargo, ND-MN?

The average annual salary for management occupations in Fargo, ND-MN is $121,030.

How does Fargo's cost of living compare to the national average?

Fargo, ND-MN has a cost of living index of 100, which is exactly the national average.

How concentrated are management jobs in Fargo compared to the rest of the US?

Management jobs are slightly less concentrated in Fargo, with a location quotient of 0.85, meaning they are 15% less common than the national average.

What does the number of jobs per 1,000 workers indicate for management roles in Fargo?

With 60.67 management jobs per 1,000 workers, Fargo shows a solid presence and demand for these roles within its local workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 8,950 employees in the Fargo, ND-MN area with a job density of 60.67 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Management Occupations • Data source: BLS OEWS 2024 •Jobs in Fargo, ND-MN