Average Management Occupations Salary in Kentucky
In Kentucky, professionals in Management Occupations earn an average annual salary of $108,040. This figure is notably below the national average of $143,930, reflecting regional economic factors and industry concentrations. The specific economic landscape and demand within the state significantly influence compensation levels for these critical roles.
Executive Summary
- Average Salary: $108,040 per year.
- Growth Trend: Salaries have shifted 12.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $185,470.
- Outlook: Kentucky's job market for Management Occupations is substantial, with a total local workforce of 123,890 individuals in these roles. The location quotient of 0.87 suggests a slightly lower concentration compared to the national average, indicating a stable yet not overly saturated market. This balance points to consistent opportunities for skilled management professionals within the state.
Salary Overview
The average Management Occupations in Kentucky earns-24.9%below the national average.
$51.9
$2,078
$9,003
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that management salaries in Kentucky have experienced a steady upward trend over the past four years, mirroring national economic growth and increasing demand for experienced leadership. This growth is likely driven by evolving business needs and a competitive landscape for top talent.
Management Occupations Salary Distribution in Kentucky
Salary progression for Management Occupations in Kentucky typically scales significantly with experience. Entry-level 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 compensation underscores the value placed on accumulated expertise and proven leadership capabilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $42,530 | $20.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $81,030 | $39 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $92,090 | $44.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $135,050 | $64.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $185,470 | $89.2 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$108,040
Gross Pay
Real Wage (Purchasing Power)
$120,312
Adjusted for COL (89.8)
The average annual salary of $108,040 in Kentucky presents a favorable financial situation when considered against the state's Cost of Living Index of 89.8. This index, being below the national average of 100, means that the purchasing power of a Kentucky-based management salary is effectively higher than the nominal figure suggests, offering a good standard of living.
Job Market Context
123,890
Total Jobs
62.141
Per 1K Jobs
0.87
Location Quotient
Kentucky has 0.87x 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 0.87, Kentucky's market for Management Occupations is slightly less concentrated than the national average. This suggests that while management roles are present and vital to the state's economy, the competition might be less intense than in regions with a higher concentration. This could translate to more accessible opportunities for qualified candidates.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Lexington-Fayette, KY Management Occupations Salary | $112,110↑ 4% | 28 mi |
| Elizabethtown, KY Management Occupations Salary | $99,690↓ 8% | 66 mi |
| Louisville/Jefferson County, KY-IN Management Occupations Salary | $118,700↑ 10% | 72 mi |
| Cincinnati, OH-KY-IN Management Occupations Salary | $127,900↑ 18% | 100 mi |
Comparing salaries near Kentucky
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Kentucky?
The median annual salary for a Management Occupations in Kentucky is $108,040. This typically ranges from $42,530 for entry-level positions to $185,470 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kentucky is 24.9% lower than the national median of $143,930.
Is Kentucky a lucrative place for Management Occupationss?
Yes, with a caveat regarding the national average.Kentucky offers a solid average salary of $108,040 for Management Occupations, which, combined with a cost of living below the national average, provides good purchasing power. However, it is important to note this is below the national average salary for these roles.
Is Kentucky a good place to live for Management Occupations?
With a Cost of Living Index of 89.8 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Kentucky?
Some top paying nearby cities include Lexington-Fayette, KY ($112,110) and Elizabethtown, KY.
How does Kentucky's management salary compare to the national average?
The average annual salary for Management Occupations in Kentucky is $108,040, which is lower than the national average of $143,930.
What is the concentration of Management Occupations in Kentucky?
Kentucky has a Location Quotient of 0.87 for Management Occupations, indicating a slightly lower concentration of these roles compared to the national average.
How does the cost of living in Kentucky affect the management salary?
Kentucky's Cost of Living Index is 89.8, which is below the national average. This means the $108,040 salary offers better purchasing power than it might in a higher cost-of-living area.
How many management jobs are there per 1,000 workers in Kentucky?
There are approximately 62.141 management jobs per 1,000 workers in Kentucky.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 123,890 employees in the Kentucky area with a job density of 62.141 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Management Occupations Salaries by State
Top Jobs in Kentucky
- All Occupations Salary in Kentucky
- Office and Administrative Support Occupations Salary in Kentucky
- Transportation and Material Moving Occupations Salary in Kentucky
- Production Occupations Salary in Kentucky
- Food Preparation and Serving Related Occupations Salary in Kentucky
- Sales and Related Occupations Salary in Kentucky
- Healthcare Practitioners and Technical Occupations Salary in Kentucky
- Management Occupations Salary in Kentucky
- Educational Instruction and Library Occupations Salary in Kentucky
- Installation, Maintenance, and Repair Occupations Salary in Kentucky
- Browse All Jobs in Kentucky →
Semantic Salary Analysis for Management Occupations • Data source: BLS OEWS 2024 •Jobs in Kentucky