Average Management Occupations Salary in Lawrence, KS
In Lawrence, Kansas, professionals in Management Occupations can expect an average annual salary of $114,570. This figure is notably below the national average of $143,930, suggesting that local economic factors and industry demand play a significant role in compensation within this Midwestern city. While the nominal salary is lower than the national benchmark, it's crucial to consider the local economic context.
Executive Summary
- Average Salary: $114,570 per year.
- Growth Trend: Salaries have shifted 20.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $198,080.
- Outlook: The management sector in Lawrence, KS, supports a local workforce of 3,140 individuals, with management roles representing approximately 61.17 jobs per 1,000 workers. The Location Quotient of 0.86 indicates that management occupations are slightly less concentrated in Lawrence compared to the national average. This suggests a stable, albeit not exceptionally high, demand for management professionals within the local job market.
Salary Overview
The average Management Occupations in Lawrence, KS earns-20.4%below the national average.
$55.1
$2,203
$9,548
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that management occupations across the United States have experienced consistent salary growth over the past four years, driven by inflation, increased demand for skilled leadership, and evolving business landscapes. This trend likely extends to Lawrence, KS, with local management salaries experiencing incremental increases, reflecting broader economic shifts and the persistent need for effective leadership.
Management Occupations Salary Distribution in Lawrence, KS
Salary progression within Management Occupations in Lawrence, KS, typically scales significantly with experience. Entry-level management positions may start at a lower percentile of the $114,570 average, while senior-level roles with extensive experience and proven leadership capabilities can command salaries well above this average, reaching into higher percentiles. These percentile gaps underscore the substantial career growth and earning potential available to dedicated professionals in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $51,240 | $24.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $85,928 | $41.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $96,960 | $46.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $143,213 | $68.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $198,080 | $95.2 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$114,570
Gross Pay
Real Wage (Purchasing Power)
$114,570
Adjusted for COL (100)
The average annual salary of $114,570 in Lawrence, KS, 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 Lawrence is equivalent to the national average, making it neither exceptionally advantageous nor disadvantageous from a cost-of-living perspective. Your $114,570 salary will afford you a lifestyle comparable to the average American.
Job Market Context
3,140
Total Jobs
61.166
Per 1K Jobs
0.86
Location Quotient
Lawrence, KS has 0.86x 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 0.86, management occupations are present in Lawrence, KS, but are not as densely concentrated as they are nationally. This suggests a moderately competitive market where opportunities exist, but the sheer volume of management roles may be less than in larger metropolitan areas. Professionals seeking management positions may find a balanced landscape with available roles and a manageable level of competition.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Topeka, KS Management Occupations Salary | $115,060↑ 0% | 24 mi |
| Kansas City, MO-KS Management Occupations Salary | $125,050↑ 9% | 38 mi |
| St. Joseph, MO-KS Management Occupations Salary | $105,730↓ 8% | 60 mi |
| Manhattan, KS Management Occupations Salary | $108,350↓ 5% | 74 mi |
| Kansas nonmetropolitan area Management Occupations Salary | $104,720↓ 9% | 84 mi |
Comparing salaries near Lawrence, KS
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Lawrence, KS?
The median annual salary for a Management Occupations in Lawrence, KS is $114,570. This typically ranges from $51,240 for entry-level positions to $198,080 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lawrence, KS is 20.4% lower than the national median of $143,930.
Is Lawrence, KS a lucrative place for Management Occupationss?
No, not exceptionally lucrative compared to the national average.While the average salary of $114,570 is substantial, it falls below the national average of $143,930. However, the cost of living is also at the national average, meaning your salary's purchasing power is equivalent.
Is Lawrence, KS a good place to live for Management Occupations?
The Cost of Living Index in Lawrence, KS is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lawrence, KS?
Some top paying nearby cities include Topeka, KS ($115,060) and Kansas City, MO-KS.
What is the average salary for Management Occupations in Lawrence, KS?
The average annual salary for Management Occupations in Lawrence, KS is $114,570.
How does the Lawrence, KS management salary compare to the national average?
The average salary in Lawrence, KS ($114,570) is lower than the national average ($143,930).
What does the Location Quotient of 0.86 mean for management jobs in Lawrence, KS?
A Location Quotient of 0.86 indicates that management occupations are slightly less concentrated in Lawrence, KS, compared to the national average, suggesting a stable but not overly saturated job market.
How does the cost of living in Lawrence, KS affect the salary?
The cost of living in Lawrence, KS is at the national average (100), meaning the $114,570 salary offers purchasing power equivalent to the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,140 employees in the Lawrence, KS area with a job density of 61.166 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 Lawrence, KS