Average Management Occupations Salary in Lima, OH
In Lima, OH, professionals in Management Occupations can expect an average annual salary of $105,950. This figure is notably below the national average of $143,930, reflecting regional economic factors and the specific demand dynamics within the local market. The compensation landscape for management roles is intrinsically tied to the economic vitality and industry concentration of a given area.
Executive Summary
- Average Salary: $105,950 per year.
- Growth Trend: Salaries have shifted 7.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $174,570.
- Outlook: Lima, OH supports a local workforce of 2,950 individuals in Management Occupations. The Location Quotient of 0.83 suggests that management roles are slightly less concentrated here than the national average, indicating a stable but not exceptionally robust demand. With 59.337 jobs per 1,000 workers, the market presents consistent opportunities for skilled management professionals.
Salary Overview
The average Management Occupations in Lima, OH earns-26.4%below the national average.
$50.9
$2,038
$8,829
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that management salaries in Lima, OH, like most regions, have experienced gradual growth over the past four years. This trend is typically driven by inflation, increasing business complexity, and the ongoing need for effective leadership across various sectors. Such growth, even if modest, contributes to the evolving compensation landscape for these critical roles.
Management Occupations Salary Distribution in Lima, OH
The salary spectrum for Management Occupations in Lima, OH, naturally widens with experience. Entry-level positions typically command salaries at the lower end of the pay scale, while senior management roles, with their increased responsibility and strategic impact, can reach significantly higher figures. The percentile gaps between these levels are indicative of the substantial career progression and earning potential available to those who advance within the management hierarchy.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $46,300 | $22.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $79,463 | $38.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $91,840 | $44.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $132,438 | $63.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $174,570 | $83.9 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$105,950
Gross Pay
Real Wage (Purchasing Power)
$105,950
Adjusted for COL (100)
An average annual salary of $105,950 in Lima, OH, aligns perfectly with the national average cost of living, which is indexed at 100. This means that the purchasing power of a management professional's income in Lima is comparable to that of someone earning the national average salary in a location with average living expenses. Consequently, the nominal salary offers a standard of living that is neither significantly enhanced nor diminished by local cost factors.
Job Market Context
2,950
Total Jobs
59.337
Per 1K Jobs
0.83
Location Quotient
Lima, OH has 0.83x 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 0.83, Management Occupations in Lima, OH, are present at a slightly lower concentration than the national average. This suggests that while management roles are a standard component of the local economy, they are not a dominant industry sector. The market is therefore moderately competitive, offering steady opportunities without the intense saturation sometimes seen in more specialized or highly concentrated areas.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Springfield, OH Management Occupations Salary | $103,760↓ 2% | 58 mi |
| Fort Wayne, IN Management Occupations Salary | $121,370↑ 15% | 59 mi |
| Dayton-Kettering-Beavercreek, OH Management Occupations Salary | $117,970↑ 11% | 67 mi |
| Toledo, OH Management Occupations Salary | $115,290↑ 9% | 69 mi |
| North Northeastern Ohio nonmetropolitan area (noncontiguous) Management Occupations Salary | $104,820↓ 1% | 75 mi |
Comparing salaries near Lima, OH
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Lima, OH?
The median annual salary for a Management Occupations in Lima, OH is $105,950. This typically ranges from $46,300 for entry-level positions to $174,570 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lima, OH is 26.4% lower than the national median of $143,930.
Is Lima, OH a lucrative place for Management Occupationss?
No, not compared to the national average.While the average salary of $105,950 is substantial, it falls below the national average of $143,930. However, the cost of living being at the national average means the purchasing power is standard.
Is Lima, OH a good place to live for Management Occupations?
The Cost of Living Index in Lima, OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lima, OH?
Some top paying nearby cities include Springfield, OH ($103,760) and Fort Wayne, IN.
How does the Lima, OH management salary compare to the national average?
The average annual salary for Management Occupations in Lima, OH, is $105,950, which is approximately 26% lower than the national average of $143,930.
What is the cost of living in Lima, OH for management professionals?
Lima, OH, has a Cost of Living Index of 100, which is exactly at the national average. This means that the general expenses for goods and services are comparable to the national standard.
How concentrated are management jobs in Lima, OH?
The Location Quotient of 0.83 indicates that management occupations are slightly less concentrated in Lima, OH, compared to the national average, suggesting a stable but not overly saturated job market.
What is the total number of management professionals in Lima, OH?
Lima, OH, has a total local workforce of 2,950 individuals employed in Management Occupations.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,950 employees in the Lima, OH area with a job density of 59.337 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 Lima, OH
- All Occupations Salary in Lima, OH
- Production Occupations Salary in Lima, OH
- Food Preparation and Serving Related Occupations Salary in Lima, OH
- Transportation and Material Moving Occupations Salary in Lima, OH
- Office and Administrative Support Occupations Salary in Lima, OH
- Healthcare Practitioners and Technical Occupations Salary in Lima, OH
- Sales and Related Occupations Salary in Lima, OH
- Management Occupations Salary in Lima, OH
- Educational Instruction and Library Occupations Salary in Lima, OH
- Healthcare Support Occupations Salary in Lima, OH
- Browse All Jobs in Lima, OH →
Semantic Salary Analysis for Management Occupations • Data source: BLS OEWS 2024 •Jobs in Lima, OH