Average Management Occupations Salary in Hagerstown-Martinsburg, MD-WV
Management Occupations in the Hagerstown-Martinsburg, MD-WV area command an average annual salary of $113,130. This figure is notably below the national average of $143,930, suggesting that local economic factors, industry concentration, and regional demand play a significant role in shaping compensation for these vital roles.
Executive Summary
- Average Salary: $113,130 per year.
- Growth Trend: Salaries have shifted 8.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $189,960.
- Outlook: With a local workforce of 6,630 individuals in Management Occupations and a Location Quotient of 0.88, the Hagerstown-Martinsburg area indicates a slightly less concentrated presence of these roles compared to the national average. While not a dominant industry hub, the steady employment of 62.587 management professionals per 1,000 workers suggests a stable and consistent demand within the region's economic landscape.
Salary Overview
The average Management Occupations in Hagerstown-Martinsburg, MD-WV earns-21.4%below the national average.
$54.4
$2,176
$9,428
Management Occupations Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Management Occupations in Hagerstown-Martinsburg have experienced gradual growth over the past four years, mirroring national trends. Economic development and evolving business needs within the region likely contribute to a steady, albeit potentially modest, upward trajectory in compensation for experienced professionals.
Management Occupations Salary Distribution in Hagerstown-Martinsburg, MD-WV
Salary progression for Management Occupations typically scales significantly with experience. Entry-level positions might start at a lower percentile, while senior management roles, requiring extensive expertise and leadership, can command salaries well above the average. The widening gap between entry-level and senior-level compensation reflects the increasing value and responsibility associated with advanced career stages.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,750 | $23.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $84,848 | $40.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $98,130 | $47.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $141,413 | $68 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $189,960 | $91.3 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$113,130
Gross Pay
Real Wage (Purchasing Power)
$113,130
Adjusted for COL (100)
The average annual salary of $113,130 in Hagerstown-Martinsburg, MD-WV 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 this region is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services.
Job Market Context
6,630
Total Jobs
62.587
Per 1K Jobs
0.88
Location Quotient
Hagerstown-Martinsburg, MD-WV has 0.88x 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 0.88 for Management Occupations in Hagerstown-Martinsburg suggests that these roles are slightly less prevalent than the national average. This indicates a moderately competitive job market where demand is present but not overwhelmingly concentrated, potentially offering a balanced environment for job seekers and employers alike.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Chambersburg, PA Management Occupations Salary | $112,640↓ 0% | 20 mi |
| Gettysburg, PA Management Occupations Salary | $107,170↓ 5% | 29 mi |
| Winchester, VA-WV Management Occupations Salary | $128,220↑ 13% | 40 mi |
| York-Hanover, PA Management Occupations Salary | $120,140↑ 6% | 57 mi |
| Harrisburg-Carlisle, PA Management Occupations Salary | $125,360↑ 11% | 62 mi |
Comparing salaries near Hagerstown-Martinsburg, MD-WV
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Hagerstown-Martinsburg, MD-WV?
The median annual salary for a Management Occupations in Hagerstown-Martinsburg, MD-WV is $113,130. This typically ranges from $49,750 for entry-level positions to $189,960 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hagerstown-Martinsburg, MD-WV is 21.4% lower than the national median of $143,930.
Is Hagerstown-Martinsburg, MD-WV a lucrative place for Management Occupationss?
No, but it offers stable compensation.While the average salary of $113,130 is below the national average, the cost of living is also at the national average, meaning your salary's purchasing power is comparable. The market is stable with consistent demand for management roles.
Is Hagerstown-Martinsburg, MD-WV a good place to live for Management Occupations?
The Cost of Living Index in Hagerstown-Martinsburg, MD-WV is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Hagerstown-Martinsburg, MD-WV?
Some top paying nearby cities include Chambersburg, PA ($112,640) and Gettysburg, PA.
How does the Hagerstown-Martinsburg salary compare to the national average?
The average salary for Management Occupations in Hagerstown-Martinsburg is $113,130, which is lower than the national average of $143,930.
What is the Cost of Living in Hagerstown-Martinsburg, MD-WV?
The Cost of Living Index in Hagerstown-Martinsburg is 100, which is exactly the national average.
How concentrated are Management Occupations jobs in this area?
The Location Quotient of 0.88 indicates that Management Occupations are slightly less concentrated in Hagerstown-Martinsburg compared to the national average.
What is the total workforce size for Management Occupations in Hagerstown-Martinsburg?
There are approximately 6,630 individuals employed in Management Occupations within the Hagerstown-Martinsburg, MD-WV area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,630 employees in the Hagerstown-Martinsburg, MD-WV area with a job density of 62.587 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 Hagerstown-Martinsburg, MD-WV