Average Management Occupations Salary in Houma-Bayou Cane-Thibodaux, LA
In Houma-Bayou Cane-Thibodaux, LA, Management Occupations professionals earn an average annual salary of $119,240. 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 the Houma area likely influence the prevailing salary benchmarks for management roles.
Executive Summary
- Average Salary: $119,240 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $192,150.
- Outlook: The Houma-Bayou Cane-Thibodaux, LA area supports a local workforce of 4,900 individuals in Management Occupations. With a Location Quotient of 0.83, the concentration of these roles is slightly below the national average, indicating a moderately developed market. The presence of 59.235 jobs per 1,000 workers suggests a steady, albeit not exceptionally high, demand for management talent within the local economy.
Salary Overview
The average Management Occupations in Houma-Bayou Cane-Thibodaux, LA earns-17.2%below the national average.
$57.3
$2,293
$9,937
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Management Occupations in Houma-Bayou Cane-Thibodaux, LA, like most regions, have experienced a gradual upward trend over the past four years. This growth is typically driven by inflation, increasing demand for skilled management professionals, and evolving business landscapes. The local economy's performance and the expansion of key industries would directly influence the pace of this salary appreciation.
Management Occupations Salary Distribution in Houma-Bayou Cane-Thibodaux, LA
Within the Management Occupations field in Houma-Bayou Cane-Thibodaux, LA, salary progression is strongly tied to experience. Entry-level positions typically command lower salaries, while senior and executive roles, requiring extensive expertise and leadership, see significantly higher compensation. The widening gap between entry-level and senior-level salaries reflects the career advancement opportunities and the increased value placed on seasoned management professionals within the local job market.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $55,760 | $26.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $89,430 | $43 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $101,200 | $48.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $149,050 | $71.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $192,150 | $92.4 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$119,240
Gross Pay
Real Wage (Purchasing Power)
$119,240
Adjusted for COL (100)
The average annual salary of $119,240 for Management Occupations in Houma-Bayou Cane-Thibodaux, LA, 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 area is equivalent to that of someone earning the national average salary in a location with a national average cost of living. Therefore, the nominal salary effectively translates to a comparable standard of living.
Job Market Context
4,900
Total Jobs
59.235
Per 1K Jobs
0.83
Location Quotient
Houma-Bayou Cane-Thibodaux, LA has 0.83x 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.
The Location Quotient of 0.83 for Management Occupations in Houma-Bayou Cane-Thibodaux, LA, indicates that the concentration of these roles is slightly less than the national average. This suggests that while management positions are present and necessary, the market may not be as saturated as in larger metropolitan areas. It implies a stable demand, but perhaps fewer opportunities for rapid career shifts or a highly competitive environment for top-tier roles compared to national hubs.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| New Orleans-Metairie, LA Management Occupations Salary | $123,380↑ 3% | 58 mi |
| Baton Rouge, LA Management Occupations Salary | $122,440↑ 3% | 65 mi |
| Hammond, LA Management Occupations Salary | $102,190↓ 14% | 66 mi |
| Slidell-Mandeville-Covington, LA Management Occupations Salary | $118,800↓ 0% | 74 mi |
| Lafayette, LA Management Occupations Salary | $109,390↓ 8% | 91 mi |
Comparing salaries near Houma-Bayou Cane-Thibodaux, LA
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Frequently Asked Questions
How much does a Management Occupations make in Houma-Bayou Cane-Thibodaux, LA?
The median annual salary for a Management Occupations in Houma-Bayou Cane-Thibodaux, LA is $119,240. This typically ranges from $55,760 for entry-level positions to $192,150 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Houma-Bayou Cane-Thibodaux, LA is 17.2% lower than the national median of $143,930.
Is Houma-Bayou Cane-Thibodaux, LA a lucrative place for Management Occupationss?
No, not exceptionally lucrative compared to the national average.While the average salary of $119,240 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 equivalent nationally.
Is Houma-Bayou Cane-Thibodaux, LA a good place to live for Management Occupations?
The Cost of Living Index in Houma-Bayou Cane-Thibodaux, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Houma-Bayou Cane-Thibodaux, LA?
Some top paying nearby cities include New Orleans-Metairie, LA ($123,380) and Baton Rouge, LA.
How does the local management job market compare to the national average?
The local market in Houma-Bayou Cane-Thibodaux, LA, has a slightly lower concentration of management roles (LQ of 0.83) than the national average, suggesting a moderately developed job market.
What is the average salary for management roles in Houma-Bayou Cane-Thibodaux, LA?
The average annual salary for Management Occupations in Houma-Bayou Cane-Thibodaux, LA, is $119,240.
Does the cost of living affect the value of management salaries in Houma-Bayou Cane-Thibodaux, LA?
No, the cost of living in Houma-Bayou Cane-Thibodaux, LA, is exactly at the national average (100), meaning the $119,240 salary has the same purchasing power as the national average salary in a national average cost of living area.
How many management jobs are there per 1,000 workers in Houma-Bayou Cane-Thibodaux, LA?
There are approximately 59.235 management jobs per 1,000 workers in Houma-Bayou Cane-Thibodaux, LA.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,900 employees in the Houma-Bayou Cane-Thibodaux, LA area with a job density of 59.235 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 Houma-Bayou Cane-Thibodaux, LA