Average Management Occupations Salary in Fort Wayne, IN
In Fort Wayne, IN, professionals in Management Occupations earn an average annual salary of $121,370. This figure is notably below the national average of $143,930, reflecting a combination of local economic factors and industry demand specific to the region. Understanding these regional nuances is key to assessing compensation expectations.
Executive Summary
- Average Salary: $121,370 per year.
- Growth Trend: Salaries have shifted 15.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $198,900.
- Outlook: Fort Wayne's management sector comprises a substantial local workforce of 10,630 individuals, with management roles representing 47.435 jobs per 1,000 workers. The Location Quotient of 0.67 suggests that while management occupations are present, they are less concentrated than the national average, indicating a potentially stable but not oversaturated job market.
Salary Overview
The average Management Occupations in Fort Wayne, IN earns-15.7%below the national average.
$58.4
$2,334
$10,114
Management Occupations Salary Trends (2020-2024)
While specific historical data for Fort Wayne'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 recovery and evolving business needs typically drive increases in demand and compensation for management roles, suggesting a positive trajectory for those in the field.
Management Occupations Salary Distribution in Fort Wayne, IN
Salary progression within Management Occupations in Fort Wayne, as elsewhere, is strongly tied to experience and responsibility. Entry-level management positions will naturally command lower salaries, while senior leadership roles, requiring extensive expertise and strategic oversight, will occupy the higher salary percentiles. The gap between entry-level and senior salaries signifies clear career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $55,620 | $26.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $91,028 | $43.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $102,230 | $49.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $151,713 | $72.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $198,900 | $95.6 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$121,370
Gross Pay
Real Wage (Purchasing Power)
$121,370
Adjusted for COL (100)
With an average annual salary of $121,370 and a Cost of Living Index of 100 (matching the national average), the nominal salary in Fort Wayne offers purchasing power equivalent to the national standard. This means that while the salary is below the national average, the cost of living does not exacerbate the difference, providing a balanced financial landscape for residents.
Job Market Context
10,630
Total Jobs
47.435
Per 1K Jobs
0.67
Location Quotient
Fort Wayne, IN has 0.67x 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 0.67 indicates that management occupations are less prevalent in Fort Wayne compared to the national landscape. This suggests that while opportunities exist, the market may be less competitive for specialized management roles, potentially offering a unique advantage for skilled professionals seeking to establish or advance their careers in the region.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Lima, OH Management Occupations Salary | $105,950↓ 13% | 59 mi |
| Elkhart-Goshen, IN Management Occupations Salary | $132,150↑ 9% | 59 mi |
| Muncie, IN Management Occupations Salary | $112,990↓ 7% | 63 mi |
| Kokomo, IN Management Occupations Salary | $112,210↓ 8% | 67 mi |
| South Bend-Mishawaka, IN-MI Management Occupations Salary | $121,560↑ 0% | 71 mi |
Comparing salaries near Fort Wayne, IN
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Fort Wayne, IN?
The median annual salary for a Management Occupations in Fort Wayne, IN is $121,370. This typically ranges from $55,620 for entry-level positions to $198,900 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fort Wayne, IN is 15.7% lower than the national median of $143,930.
Is Fort Wayne, IN a lucrative place for Management Occupationss?
No, not when compared to the national average.While the average salary of $121,370 is substantial, it falls below the national average of $143,930. However, the cost of living being at the national average means the purchasing power is relatively stable.
Is Fort Wayne, IN a good place to live for Management Occupations?
The Cost of Living Index in Fort Wayne, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fort Wayne, IN?
Some top paying nearby cities include Lima, OH ($105,950) and Elkhart-Goshen, IN.
What is the average salary for Management Occupations in Fort Wayne, IN?
The average annual salary for Management Occupations in Fort Wayne, IN is $121,370.
How does Fort Wayne's management salary compare to the national average?
Fort Wayne's average management salary of $121,370 is lower than the national average of $143,930.
What is the Cost of Living Index in Fort Wayne, IN?
Fort Wayne, IN has a Cost of Living Index of 100, which is equivalent to the national average.
How concentrated are Management Occupations in Fort Wayne?
Management Occupations have a Location Quotient of 0.67 in Fort Wayne, indicating they are less concentrated than the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 10,630 employees in the Fort Wayne, IN area with a job density of 47.435 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 Fort Wayne, IN