Average Management Occupations Salary in Lake Charles, LA
In Lake Charles, LA, Management Occupations professionals earn an average annual salary of $116,670. This figure is notably below the national average of $143,930, suggesting that local economic factors and industry specific demand play a significant role in compensation within this region. The specific industrial landscape and the concentration of management roles in Lake Charles likely influence this pay differential.
Executive Summary
- Average Salary: $116,670 per year.
- Growth Trend: Salaries have shifted 4.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $203,850.
- Outlook: With a total local workforce of 4,880 individuals in Management Occupations, and a location quotient of 0.68, the job market in Lake Charles indicates a slightly lower concentration of these roles compared to the national average. While the absolute number of workers suggests a stable presence, the below-average location quotient implies that management positions may not be as abundant or as central to the local economy as in other regions, potentially leading to a more competitive environment for new entrants.
Salary Overview
The average Management Occupations in Lake Charles, LA earns-18.9%below the national average.
$56.1
$2,244
$9,723
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Management Occupations in Lake Charles, LA, have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increased demand for skilled management professionals, and the evolving economic landscape of the region. As businesses expand and adapt, the need for experienced leadership often translates into upward pressure on compensation.
Management Occupations Salary Distribution in Lake Charles, LA
The salary range for Management Occupations in Lake Charles, LA, naturally escalates with experience. Entry-level positions typically command salaries at the lower end of the spectrum, while senior management roles, requiring extensive experience and specialized skills, can significantly exceed the average. The percentile gaps between junior and senior roles highlight the substantial career progression and earning potential available within this field as professionals advance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $51,150 | $24.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $87,503 | $42.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $100,640 | $48.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $145,838 | $70.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $203,850 | $98 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$116,670
Gross Pay
Real Wage (Purchasing Power)
$116,670
Adjusted for COL (100)
The average annual salary of $116,670 in Lake Charles, 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 Lake Charles is equivalent to that of someone earning the national average salary in a location with average living costs. Consequently, the nominal salary offers a comparable standard of living to the national average, without the added burden of higher living expenses.
Job Market Context
4,880
Total Jobs
48.719
Per 1K Jobs
0.68
Location Quotient
Lake Charles, LA has 0.68x 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 0.68 for Management Occupations in Lake Charles, LA, signifies that these roles are less concentrated in the local workforce compared to the national average. This suggests that while management positions exist, they are not as prevalent as in other areas, potentially indicating a less saturated market but also possibly fewer specialized opportunities. Companies seeking management talent may find a more targeted pool of candidates, but the overall demand might be more moderate.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Beaumont-Port Arthur, TX Management Occupations Salary | $119,260↑ 2% | 56 mi |
| Lafayette, LA Management Occupations Salary | $109,390↓ 6% | 70 mi |
| Alexandria, LA Management Occupations Salary | $107,470↓ 8% | 87 mi |
Comparing salaries near Lake Charles, LA
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Lake Charles, LA?
The median annual salary for a Management Occupations in Lake Charles, LA is $116,670. This typically ranges from $51,150 for entry-level positions to $203,850 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lake Charles, LA is 18.9% lower than the national median of $143,930.
Is Lake Charles, LA a lucrative place for Management Occupationss?
No, it is not as lucrative as the national average.The average salary of $116,670 is below the national average of $143,930, indicating lower earning potential in this specific location. However, the cost of living is also at the national average, meaning the salary's purchasing power is comparable.
Is Lake Charles, LA a good place to live for Management Occupations?
The Cost of Living Index in Lake Charles, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lake Charles, LA?
Some top paying nearby cities include Beaumont-Port Arthur, TX ($119,260) and Lafayette, LA.
What is the average salary for Management Occupations in Lake Charles, LA?
The average annual salary for Management Occupations in Lake Charles, LA is $116,670.
How does the Lake Charles salary compare to the national average?
The average salary in Lake Charles ($116,670) is lower than the national average ($143,930).
What is the cost of living in Lake Charles, LA?
The cost of living in Lake Charles, LA is at the national average, indexed at 100.
Is there high demand for Management Occupations in Lake Charles, LA?
The location quotient of 0.68 suggests that Management Occupations are less concentrated in Lake Charles compared to the national average, indicating moderate demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,880 employees in the Lake Charles, LA area with a job density of 48.719 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 Lake Charles, LA