Average Management Occupations Salary in Grand Rapids-Wyoming-Kentwood, MI
In Grand Rapids-Wyoming-Kentwood, MI, professionals in Management Occupations can expect an average annual salary of $124,470. 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 metropolitan area.
Executive Summary
- Average Salary: $124,470 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $203,040.
- Outlook: The Grand Rapids-Wyoming-Kentwood, MI area boasts a substantial workforce of 34,700 individuals in Management Occupations. With a Location Quotient of 0.87, management roles are slightly less concentrated than the national average, indicating a stable yet not oversaturated job market. The presence of 61.808 jobs per 1,000 workers underscores a consistent demand for managerial talent.
Salary Overview
The average Management Occupations in Grand Rapids-Wyoming-Kentwood, MI earns-13.5%below the national average.
$59.8
$2,394
$10,373
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that management salaries in Grand Rapids-Wyoming-Kentwood, MI, have experienced growth over the past four years, mirroring broader economic trends and inflation. This general upward trajectory in compensation is typical for established metropolitan areas with diverse industries.
Management Occupations Salary Distribution in Grand Rapids-Wyoming-Kentwood, MI
Salary progression for Management Occupations in Grand Rapids-Wyoming-Kentwood, MI, is strongly tied to experience. Entry-level positions typically command lower salaries, while senior and executive roles, backed by extensive experience and proven leadership, can significantly exceed the average. The widening salary gap between lower and higher percentiles clearly signifies substantial career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $57,410 | $27.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $93,353 | $44.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $106,550 | $51.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $155,588 | $74.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $203,040 | $97.6 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$124,470
Gross Pay
Real Wage (Purchasing Power)
$124,470
Adjusted for COL (100)
The average annual salary of $124,470 in Grand Rapids-Wyoming-Kentwood, MI, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a management professional's salary in this region is equivalent to the national standard, offering a stable financial environment for residents.
Job Market Context
34,700
Total Jobs
61.808
Per 1K Jobs
0.87
Location Quotient
Grand Rapids-Wyoming-Kentwood, MI has 0.87x 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 0.87, the Grand Rapids-Wyoming-Kentwood, MI, market for Management Occupations is slightly less concentrated than the national average. This suggests that while management roles are present and in demand, the competition might be less intense compared to hyper-concentrated national hubs, potentially offering a favorable environment for job seekers.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Muskegon-Norton Shores, MI Management Occupations Salary | $109,050↓ 12% | 35 mi |
| Kalamazoo-Portage, MI Management Occupations Salary | $122,960↓ 1% | 48 mi |
| Battle Creek, MI Management Occupations Salary | $127,800↑ 3% | 51 mi |
| Lansing-East Lansing, MI Management Occupations Salary | $123,240↓ 1% | 58 mi |
| Mid Michigan nonmetropolitan area Management Occupations Salary | $103,660↓ 17% | 62 mi |
Comparing salaries near Grand Rapids-Wyoming-Kentwood, MI
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Grand Rapids-Wyoming-Kentwood, MI?
The median annual salary for a Management Occupations in Grand Rapids-Wyoming-Kentwood, MI is $124,470. This typically ranges from $57,410 for entry-level positions to $203,040 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Grand Rapids-Wyoming-Kentwood, MI is 13.5% lower than the national median of $143,930.
Is Grand Rapids-Wyoming-Kentwood, MI a lucrative place for Management Occupations?
Yes, it offers a stable earning potential.While the average salary is below the national average, the cost of living is also at the national average, making the $124,470 salary hold its purchasing power effectively.
Is Grand Rapids-Wyoming-Kentwood, MI a good place to live for Management Occupations?
The Cost of Living Index in Grand Rapids-Wyoming-Kentwood, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Grand Rapids-Wyoming-Kentwood, MI?
Some top paying nearby cities include Muskegon-Norton Shores, MI ($109,050) and Kalamazoo-Portage, MI.
How does the Grand Rapids management salary compare to the national average?
The average annual salary for Management Occupations in Grand Rapids-Wyoming-Kentwood, MI, is $124,470, which is approximately $19,460 less than the national average of $143,930.
What is the concentration of Management Occupations in Grand Rapids?
The Location Quotient for Management Occupations in Grand Rapids-Wyoming-Kentwood, MI, is 0.87, indicating that the presence of these roles is slightly lower than the national average concentration.
Does the cost of living affect the value of a management salary in Grand Rapids?
No, the cost of living in Grand Rapids-Wyoming-Kentwood, MI, is exactly at the national average (100), meaning the $124,470 salary has the same purchasing power as the national average salary.
How many management jobs are there per 1,000 workers in Grand Rapids?
There are approximately 61.808 management jobs per 1,000 workers in the Grand Rapids-Wyoming-Kentwood, MI, metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 34,700 employees in the Grand Rapids-Wyoming-Kentwood, MI area with a job density of 61.808 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 Rapids-Wyoming-Kentwood, MI