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Average Management Occupations Salary in Janesville-Beloit, WI

Management Occupations in Janesville-Beloit, WI, command an average annual salary of $133,500. This figure is slightly below the national average of $143,930, suggesting a localized market dynamic that influences compensation. Factors such as regional economic conditions and the specific industry mix within the Janesville-Beloit area likely contribute to this pay differential.

Executive Summary

  • Average Salary: $133,500 per year.
  • Growth Trend: Salaries have shifted 8.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $213,280.
  • Outlook: The Janesville-Beloit area supports a workforce of 3,290 individuals in Management Occupations. With a Location Quotient of 0.67, the concentration of these roles is below the national average, indicating a less saturated market relative to other regions. This suggests that while not a primary hub, there is a steady presence and potential for growth in management positions within this locale.
2024 Market Data

Salary Overview

$133,500

The average Management Occupations in Janesville-Beloit, WI earns-7.2%below the national average.

BreakdownBased on 40h/week
Hourly

$64.2

Weekly

$2,567

Monthly

$11,125

Management Occupations Salary Distribution in Janesville-Beloit, WI

Within the Management Occupations field, salary progression is typically tied to experience and responsibility. Entry-level positions will naturally command lower salaries, while senior management roles, requiring extensive expertise and strategic oversight, will see significantly higher compensation. The percentile gaps in salary distribution reflect these career advancement opportunities, rewarding seasoned professionals with greater earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$59,630$28.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$100,125$48.1
ManagerOversees team, compliance, and project delivery.50% (Median)$111,730$53.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$166,875$80.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$213,280$102.5

Detailed Management Occupations Market Analysis

Relocation Context

Nominal Salary

$133,500

Gross Pay

Real Wage (Purchasing Power)

$133,500

Adjusted for COL (100)

The average annual salary of $133,500 in Janesville-Beloit aligns perfectly with the national average cost of living, indicated by an index of 100. This means that the purchasing power of a management professional's salary in this area is comparable to the national standard, offering a stable financial environment without the immediate pressure of high living expenses.

Job Market Context

3,290

Total Jobs

47.564

Per 1K Jobs

0.67

Location Quotient

Below Average

Janesville-Beloit, WI has 0.67x 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 0.67 for Management Occupations in Janesville-Beloit signifies that the concentration of these jobs is lower than the national average. This suggests that while management roles are present and necessary for the local economy, the market is not oversaturated, potentially offering a more competitive landscape for job seekers compared to areas with higher LQs.

Nearby Job Markets

Nearby Cities for Management Occupations

Comparing salaries near Janesville-Beloit, WI

Hiring Management Occupationss?

Frequently Asked Questions

How much does a Management Occupations make in Janesville-Beloit, WI?

The median annual salary for a Management Occupations in Janesville-Beloit, WI is $133,500. This typically ranges from $59,630 for entry-level positions to $213,280 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Janesville-Beloit, WI is 7.2% lower than the national median of $143,930.

Is Janesville-Beloit, WI a lucrative place for Management Occupationss?

Moderately. While the average salary of $133,500 is slightly below the national average, the cost of living is also at the national average.The compensation is competitive when considering the local cost of living, which matches the national benchmark. However, the slightly lower average salary compared to the national figure indicates it may not be the most lucrative market for management roles.

Is Janesville-Beloit, WI a good place to live for Management Occupations?

The Cost of Living Index in Janesville-Beloit, WI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Janesville-Beloit, WI?

Some top paying nearby cities include Rockford, IL ($116,210) and Madison, WI.

How does the Janesville-Beloit management salary compare to the national average?

The average annual salary for Management Occupations in Janesville-Beloit is $133,500, which is approximately $10,430 less than the national average of $143,930.

What is the concentration of Management Occupations in Janesville-Beloit?

The concentration, measured by the Location Quotient, is 0.67, indicating that Management Occupations are less prevalent in Janesville-Beloit compared to the national average.

How does the cost of living in Janesville-Beloit affect the salary?

With a Cost of Living Index of 100, Janesville-Beloit is at the national average. This means the $133,500 salary offers purchasing power equivalent to the national average, making it a stable financial environment.

What does a Location Quotient of 0.67 mean for job seekers?

A Location Quotient below 1.0, like 0.67, suggests that Management Occupations are less concentrated in Janesville-Beloit than nationally. This could imply a less competitive job market for management roles, but also potentially fewer opportunities overall compared to larger metropolitan areas.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,290 employees in the Janesville-Beloit, WI area with a job density of 47.564 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.