Average Management Occupations Salary in Grand Forks, ND-MN
Management Occupations in Grand Forks, ND-MN command an average annual salary of $111,520. This figure is notably below the national average of $143,930, suggesting that local economic factors and industry demand play a significant role in compensation within this region. The specific needs and scale of businesses in Grand Forks likely influence the pay scales for managerial roles.
Executive Summary
- Average Salary: $111,520 per year.
- Growth Trend: Salaries have shifted 7.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $180,610.
- Outlook: The Grand Forks, ND-MN area supports a local workforce of 3,000 individuals in Management Occupations. With a location quotient of 0.82, the concentration of these roles is slightly below the national average, indicating a stable but not exceptionally concentrated market. The presence of approximately 58.485 management jobs per 1,000 workers suggests a consistent demand for leadership and oversight within the local economy.
Salary Overview
The average Management Occupations in Grand Forks, ND-MN earns-22.5%below the national average.
$53.6
$2,145
$9,293
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Management Occupations in Grand Forks, like most regions, have experienced a steady upward trend over the past four years. This growth is typically driven by inflation, increased demand for skilled management professionals, and the evolving complexities of business operations. Such trends generally reflect a strengthening job market for experienced managers.
Management Occupations Salary Distribution in Grand Forks, ND-MN
Salary progression for Management Occupations in Grand Forks, ND-MN typically scales significantly with experience. Entry-level management positions may start considerably lower than the average, while senior leadership roles, with extensive experience and proven track records, can command salaries well above the $111,520 average. The percentile gaps in salary distribution highlight the substantial career growth and earning potential available to those who advance within the management hierarchy.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $50,680 | $24.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $83,640 | $40.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $97,090 | $46.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $139,400 | $67 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $180,610 | $86.8 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$111,520
Gross Pay
Real Wage (Purchasing Power)
$111,520
Adjusted for COL (100)
The average annual salary of $111,520 in Grand Forks, ND-MN aligns perfectly with the national average cost of living, which is indexed at 100. This means that the purchasing power of a management professional's salary in Grand Forks is equivalent to that of a manager in a typical U.S. city. While the nominal salary is lower than the national average, the stable cost of living ensures that the real value of the income remains comparable.
Job Market Context
3,000
Total Jobs
58.485
Per 1K Jobs
0.82
Location Quotient
Grand Forks, ND-MN has 0.82x 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 0.82, the Grand Forks, ND-MN market for Management Occupations is slightly less concentrated than the national average. This suggests that while management roles are present and necessary, they are not as densely populated as in major metropolitan hubs. This can translate to a competitive job market where opportunities exist but may require targeted job searching, rather than an oversaturated environment.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Fargo, ND-MN Management Occupations Salary | $121,030↑ 9% | 74 mi |
Comparing salaries near Grand Forks, ND-MN
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Grand Forks, ND-MN?
The median annual salary for a Management Occupations in Grand Forks, ND-MN is $111,520. This typically ranges from $50,680 for entry-level positions to $180,610 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Grand Forks, ND-MN is 22.5% lower than the national median of $143,930.
Is Grand Forks, ND-MN a lucrative place for Management Occupationss?
No, not exceptionally lucrative compared to the national average.While the average salary of $111,520 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 comparable.
Is Grand Forks, ND-MN a good place to live for Management Occupations?
The Cost of Living Index in Grand Forks, ND-MN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Grand Forks, ND-MN?
Some top paying nearby cities include Fargo, ND-MN ($121,030) and others.
How does the Grand Forks management salary compare to the national average?
The average annual salary for Management Occupations in Grand Forks, ND-MN is $111,520, which is lower than the national average of $143,930.
What is the cost of living in Grand Forks, ND-MN for managers?
The cost of living index in Grand Forks, ND-MN is 100, which is exactly the national average, meaning your salary has average purchasing power.
How concentrated is the management job market in Grand Forks?
The location quotient of 0.82 indicates that management occupations are slightly less concentrated in Grand Forks compared to the national average.
What is the size of the management workforce in Grand Forks?
There are approximately 3,000 individuals employed in Management Occupations within the Grand Forks, ND-MN area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,000 employees in the Grand Forks, ND-MN area with a job density of 58.485 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 Grand Forks, ND-MN