Average Management Occupations Salary in Hammond, LA
In Hammond, Louisiana, professionals in Management Occupations can expect an average annual salary of $102,190. This figure is notably below the national average of $143,930, suggesting that local economic factors and industry demand in Hammond play a significant role in compensation levels for these vital roles.
Executive Summary
- Average Salary: $102,190 per year.
- Growth Trend: Salaries have shifted 1.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $166,640.
- Outlook: Hammond, LA supports a local workforce of 2,460 individuals in Management Occupations. With a Location Quotient of 0.73, management roles are slightly less concentrated than the national average, indicating a stable but not overly saturated job market. The presence of approximately 52 management jobs per 1,000 workers suggests consistent demand for these leadership positions within the local economy.
Salary Overview
The average Management Occupations in Hammond, LA earns-29.0%below the national average.
$49.1
$1,965
$8,516
Management Occupations Salary Trends (2020-2024)
While specific historical data for Hammond is not provided, it is generally assumed that management occupations across the nation have experienced steady salary growth over the past four years, driven by inflation, increased demand for skilled leadership, and evolving business landscapes. This national trend likely reflects positively, albeit to varying degrees, on the compensation potential for management roles within Hammond, LA.
Management Occupations Salary Distribution in Hammond, LA
Career progression in Management Occupations typically leads to significant salary increases. Entry-level management positions might start closer to the lower percentiles, while senior and executive roles command salaries in the higher percentiles. The widening gap between entry-level and senior management salaries reflects the accumulation of experience, specialized skills, and increased responsibility, offering a clear path for career advancement and higher earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,430 | $22.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $76,643 | $36.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $87,300 | $42 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $127,738 | $61.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $166,640 | $80.1 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$102,190
Gross Pay
Real Wage (Purchasing Power)
$102,190
Adjusted for COL (100)
The average annual salary of $102,190 in Hammond, LA aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of a management professional's salary in Hammond is equivalent to the national average, offering a stable financial environment where the nominal income translates directly to real-world affordability.
Job Market Context
2,460
Total Jobs
51.969
Per 1K Jobs
0.73
Location Quotient
Hammond, LA has 0.73x 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 0.73 for Management Occupations in Hammond, LA indicates that these roles are present at a slightly lower concentration compared to the national average. This suggests that while management positions are a standard part of the local employment landscape, the market may be less competitive than in areas with a higher concentration, potentially offering good opportunities for skilled professionals.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Baton Rouge, LA Management Occupations Salary | $122,440↑ 20% | 40 mi |
| Slidell-Mandeville-Covington, LA Management Occupations Salary | $118,800↑ 16% | 43 mi |
| New Orleans-Metairie, LA Management Occupations Salary | $123,380↑ 21% | 44 mi |
| Houma-Bayou Cane-Thibodaux, LA Management Occupations Salary | $119,240↑ 17% | 66 mi |
| Gulfport-Biloxi, MS Management Occupations Salary | $106,920↑ 5% | 83 mi |
Comparing salaries near Hammond, LA
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Hammond, LA?
The median annual salary for a Management Occupations in Hammond, LA is $102,190. This typically ranges from $47,430 for entry-level positions to $166,640 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hammond, LA is 29.0% lower than the national median of $143,930.
Is Hammond, LA a lucrative place for Management Occupationss?
No, but it offers stable earning potential.While the average salary of $102,190 is below the national average, it is offset by a Cost of Living Index of 100, meaning your earnings have average purchasing power.
Is Hammond, LA a good place to live for Management Occupations?
The Cost of Living Index in Hammond, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Hammond, LA?
Some top paying nearby cities include Baton Rouge, LA ($122,440) and Slidell-Mandeville-Covington, LA.
How does Hammond's management salary compare to the national average?
The average annual salary for Management Occupations in Hammond, LA is $102,190, which is lower than the national average of $143,930.
What is the concentration of management jobs in Hammond, LA?
Hammond, LA has a Location Quotient of 0.73 for Management Occupations, indicating a slightly lower concentration of these roles compared to the national average.
How does the cost of living in Hammond, LA affect salary perception?
With a Cost of Living Index of 100, Hammond's cost of living is exactly at the national average. Therefore, the $102,190 salary offers purchasing power equivalent to the national average.
What is the total workforce size for management roles in Hammond, LA?
There are approximately 2,460 individuals employed in Management Occupations in Hammond, LA.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,460 employees in the Hammond, LA area with a job density of 51.969 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 Hammond, LA