Average Management Occupations Salary in Indiana
In Indiana, Management Occupations professionals earn an average annual salary of $125,210. This figure is notably below the national average of $143,930, reflecting a combination of regional economic factors and industry-specific compensation structures within the state. The unique economic landscape of Indiana influences these compensation levels, offering a distinct financial environment for management roles.
Executive Summary
- Average Salary: $125,210 per year.
- Growth Trend: Salaries have shifted 20.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $208,560.
- Outlook: Indiana's management sector is supported by a substantial workforce of 164,370 individuals. While the Location Quotient of 0.73 suggests a slightly lower concentration of these roles compared to the national average, the presence of over 51 jobs per 1,000 workers indicates a consistent demand. This robust workforce size, coupled with a steady job availability, points to a stable, albeit not hyper-concentrated, market for management professionals in Indiana.
Salary Overview
The average Management Occupations in Indiana earns-13.0%below the national average.
$60.2
$2,408
$10,434
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that management occupations in Indiana have experienced salary growth over the past four years, mirroring national trends. Economic expansion, inflation, and increasing demand for skilled leadership likely contributed to upward pressure on compensation, suggesting a positive trajectory for earning potential in this sector.
Management Occupations Salary Distribution in Indiana
The salary landscape for Management Occupations in Indiana shows significant variation based on experience. Entry-level positions typically command lower salaries, while senior-level roles with extensive experience and proven leadership capabilities can earn substantially more. The percentile gaps between these levels highlight the clear career progression and increased earning potential as professionals advance through their management careers.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $54,880 | $26.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $93,908 | $45.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $104,370 | $50.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $156,513 | $75.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $208,560 | $100.3 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$125,210
Gross Pay
Real Wage (Purchasing Power)
$139,122
Adjusted for COL (90)
The average annual salary of $125,210 in Indiana presents a strong purchasing power, especially when considered against the state's Cost of Living Index of 90. This index, which is 10% below the national average, means that the nominal salary of $125,210 translates to a higher effective income, allowing for a potentially better standard of living compared to areas with a higher cost of living.
Job Market Context
164,370
Total Jobs
51.579
Per 1K Jobs
0.73
Location Quotient
Indiana 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.
With a Location Quotient of 0.73, Indiana's market for Management Occupations is less concentrated than the national average. This suggests that while management roles are present and necessary, they may not be as prevalent or as highly specialized as in some other major economic hubs. This could indicate a market with moderate competition, offering opportunities for skilled professionals without the intense saturation found in more concentrated regions.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Indianapolis-Carmel-Greenwood, IN Management Occupations Salary | $131,330↑ 5% | 8 mi |
| Kokomo, IN Management Occupations Salary | $112,210↓ 10% | 43 mi |
| Columbus, IN Management Occupations Salary | $131,350↑ 5% | 48 mi |
| Bloomington, IN Management Occupations Salary | $130,650↑ 4% | 49 mi |
| Lafayette-West Lafayette, IN Management Occupations Salary | $124,960↓ 0% | 50 mi |
Comparing salaries near Indiana
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Indiana?
The median annual salary for a Management Occupations in Indiana is $125,210. This typically ranges from $54,880 for entry-level positions to $208,560 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Indiana is 13.0% lower than the national median of $143,930.
Is Indiana a lucrative place for Management Occupationss?
Yes, especially considering the cost of living.Indiana offers a competitive average salary of $125,210 for Management Occupations. Combined with a cost of living 10% below the national average, this makes the nominal salary translate into significant purchasing power.
Is Indiana a good place to live for Management Occupations?
With a Cost of Living Index of 90 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Indiana?
Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($131,330) and Kokomo, IN.
How does Indiana's management salary compare to the national average?
The average annual salary for Management Occupations in Indiana is $125,210, which is below the national average of $143,930.
What is the concentration of Management Occupations in Indiana?
Indiana has a Location Quotient of 0.73 for Management Occupations, indicating a slightly lower concentration compared to the national average.
How does the cost of living in Indiana affect salary perception?
Indiana's Cost of Living Index is 90, meaning it is 10% cheaper than the national average. This lower cost of living enhances the purchasing power of the $125,210 average salary.
What is the total workforce size for Management Occupations in Indiana?
There are 164,370 individuals employed in Management Occupations in Indiana, representing a substantial segment of the state's professional workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 164,370 employees in the Indiana area with a job density of 51.579 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 Indiana