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Average Management Occupations Salary in Hanford-Corcoran, CA

Management Occupations in Hanford-Corcoran, CA, command an average annual salary of $126,850. 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 economic landscape of Hanford-Corcoran influences the earning potential for management roles.

Executive Summary

  • Average Salary: $126,850 per year.
  • Growth Trend: Salaries have shifted 17.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $202,490.
  • Outlook: With a local workforce of 1,870 individuals in Management Occupations, the job market in Hanford-Corcoran presents a moderate presence. The Location Quotient of 0.56 indicates that management roles are less concentrated here compared to the national average, implying a potentially less saturated but also less specialized market for these positions.
2024 Market Data

Salary Overview

$126,850

The average Management Occupations in Hanford-Corcoran, CA earns-11.9%below the national average.

BreakdownBased on 40h/week
Hourly

$61

Weekly

$2,439

Monthly

$10,571

Management Occupations Salary Distribution in Hanford-Corcoran, CA

Career progression in Management Occupations typically sees a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior management roles can command salaries well into the upper percentiles, reflecting increased responsibility and expertise. The gap between these percentiles highlights the substantial earning potential for seasoned professionals.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$57,350$27.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$95,138$45.7
ManagerOversees team, compliance, and project delivery.50% (Median)$111,740$53.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$158,563$76.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$202,490$97.4

Detailed Management Occupations Market Analysis

Relocation Context

Nominal Salary

$126,850

Gross Pay

Real Wage (Purchasing Power)

$126,850

Adjusted for COL (100)

The average annual salary of $126,850 in Hanford-Corcoran aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of a management professional's salary in this area is equivalent to the national average, offering a stable financial environment without the premium often associated with higher cost-of-living regions.

Job Market Context

1,870

Total Jobs

39.526

Per 1K Jobs

0.56

Location Quotient

Below Average

Hanford-Corcoran, CA has 0.56x 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 0.56 for Management Occupations in Hanford-Corcoran signifies that the concentration of these roles is about half that of the national average. This suggests that while management positions are present, they are not as abundant or dominant a feature of the local economy as they are nationally, indicating a potentially less competitive but also less robust job market for these specific occupations.

Nearby Job Markets

Frequently Asked Questions

How much does a Management Occupations make in Hanford-Corcoran, CA?

The median annual salary for a Management Occupations in Hanford-Corcoran, CA is $126,850. This typically ranges from $57,350 for entry-level positions to $202,490 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Hanford-Corcoran, CA is 11.9% lower than the national median of $143,930.

Is Hanford-Corcoran, CA a lucrative place for Management Occupationss?

No, it is not as lucrative as the national average.The average salary of $126,850 is below the national average of $143,930. However, the cost of living is also at the national average, making the effective purchasing power comparable.

Is Hanford-Corcoran, CA a good place to live for Management Occupations?

The Cost of Living Index in Hanford-Corcoran, CA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Hanford-Corcoran, CA?

Some top paying nearby cities include North Coast Region of California nonmetropolitan area ($118,210) and North Valley-Northern Mountains Region of California nonmetropolitan area.

How does the Hanford-Corcoran management salary compare to the national average?

The average annual salary for Management Occupations in Hanford-Corcoran is $126,850, which is lower than the national average of $143,930.

What is the concentration of Management Occupations in Hanford-Corcoran?

The Location Quotient for Management Occupations in Hanford-Corcoran is 0.56, indicating that these roles are less concentrated locally compared to the national average.

How does the cost of living in Hanford-Corcoran affect management salaries?

With a Cost of Living Index of 100, Hanford-Corcoran is at the national average, meaning the $126,850 salary offers purchasing power equivalent to the national average.

What is the total workforce size for Management Occupations in Hanford-Corcoran?

There are approximately 1,870 individuals employed in Management Occupations within the Hanford-Corcoran area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,870 employees in the Hanford-Corcoran, CA area with a job density of 39.526 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.