Average Management Occupations Salary in Lafayette, LA
In Lafayette, LA, professionals in Management Occupations can expect an average annual salary of $109,390. This figure is notably below the national average of $143,930, suggesting that local economic factors and industry demand in the region play a significant role in compensation levels for these critical roles.
Executive Summary
- Average Salary: $109,390 per year.
- Growth Trend: Salaries have shifted 5.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $178,090.
- Outlook: Lafayette, LA supports a substantial local workforce of 10,180 individuals in Management Occupations. With a location quotient of 0.82, the concentration of these roles is slightly below the national average, indicating a stable but not overly saturated market. The presence of nearly 58 management jobs per 1,000 workers signifies consistent demand within the local economy.
Salary Overview
The average Management Occupations in Lafayette, LA earns-24.0%below the national average.
$52.6
$2,104
$9,116
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that management positions in Lafayette, LA, have experienced salary growth over the past four years, mirroring national trends. Economic development and evolving business needs within the region likely contribute to upward pressure on compensation for experienced management professionals.
Management Occupations Salary Distribution in Lafayette, LA
The salary range for Management Occupations in Lafayette, LA, naturally expands with experience. Entry-level positions typically start at a lower percentile, while senior and executive roles command higher salaries, often reaching well into the top percentiles. These percentile gaps highlight the significant career progression and earning potential available to those who advance within management fields.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,310 | $23.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $82,043 | $39.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $95,340 | $45.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $136,738 | $65.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $178,090 | $85.6 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$109,390
Gross Pay
Real Wage (Purchasing Power)
$109,390
Adjusted for COL (100)
An average salary of $109,390 in Lafayette, LA, aligns perfectly with the local cost of living index of 100, which is equivalent to the national average. This means that the purchasing power of a management professional's income in Lafayette is comparable to that of someone in a similarly average cost-of-living area nationwide, offering a balanced financial landscape.
Job Market Context
10,180
Total Jobs
57.971
Per 1K Jobs
0.82
Location Quotient
Lafayette, LA has 0.82x 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 0.82 for Management Occupations in Lafayette, LA, indicates that these roles are slightly less concentrated than the national average. This suggests a healthy job market where demand exists, but competition might be less intense compared to major metropolitan hubs, potentially offering good opportunities for skilled managers.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Baton Rouge, LA Management Occupations Salary | $122,440↑ 12% | 56 mi |
| Southwest Louisiana nonmetropolitan area Management Occupations Salary | $110,580↑ 1% | 67 mi |
| Central Louisiana nonmetropolitan area Management Occupations Salary | $105,600↓ 3% | 67 mi |
| Northeast Louisiana nonmetropolitan area Management Occupations Salary | $109,840↑ 0% | 67 mi |
| Lake Charles, LA Management Occupations Salary | $116,670↑ 7% | 70 mi |
Comparing salaries near Lafayette, LA
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Lafayette, LA?
The median annual salary for a Management Occupations in Lafayette, LA is $109,390. This typically ranges from $48,310 for entry-level positions to $178,090 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lafayette, LA is 24.0% lower than the national median of $143,930.
Is Lafayette, LA a lucrative place for Management Occupationss?
No, not when compared to the national average.While the average salary of $109,390 is substantial, it falls below the national average of $143,930. However, the cost of living is also at the national average, making the nominal salary's purchasing power comparable.
Is Lafayette, LA a good place to live for Management Occupations?
The Cost of Living Index in Lafayette, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lafayette, LA?
Some top paying nearby cities include Baton Rouge, LA ($122,440) and Southwest Louisiana nonmetropolitan area.
How does Lafayette's management salary compare to the national average?
The average annual salary for Management Occupations in Lafayette, LA, is $109,390, which is 24% lower than the national average of $143,930.
What is the concentration of Management Occupations in Lafayette, LA?
Lafayette, LA has a location quotient of 0.82 for Management Occupations, meaning these roles are slightly less concentrated than the national average.
How does the cost of living in Lafayette, LA affect salary perception?
With a cost of living index of 100, Lafayette, LA, matches the national average. This means the $109,390 salary offers purchasing power equivalent to the national average, despite being lower in nominal terms.
What is the total workforce size for Management Occupations in Lafayette, LA?
There are approximately 10,180 individuals employed in Management Occupations within Lafayette, LA.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 10,180 employees in the Lafayette, LA area with a job density of 57.971 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 Lafayette, LA