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Average Management Occupations Salary in Lower East Mississippi nonmetropolitan area

In the Lower East Mississippi nonmetropolitan area, Management Occupations professionals earn an average annual salary of $97,950. This figure is notably below the national average of $143,930, reflecting the unique economic landscape and demand dynamics specific to this region. Factors such as local industry concentration and the overall economic output of the area contribute to this pay differential.

Executive Summary

  • Average Salary: $97,950 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $164,650.
  • Outlook: The job market for Management Occupations in the Lower East Mississippi nonmetropolitan area, with a total workforce of 5,430 individuals in this sector, presents a moderate outlook. The location quotient of 0.62 indicates that management roles are less concentrated here compared to the national average, suggesting a potentially less saturated but also less robust demand for these positions within the local economy.
2024 Market Data

Salary Overview

$97,950

The average Management Occupations in Lower East Mississippi nonmetropolitan area earns-31.9%below the national average.

BreakdownBased on 40h/week
Hourly

$47.1

Weekly

$1,884

Monthly

$8,163

Management Occupations Salary Distribution in Lower East Mississippi nonmetropolitan area

Salary progression for Management Occupations typically scales significantly with experience. Entry-level positions might start considerably lower than the average, while senior and executive roles can command salaries well above $97,950. The percentile gaps in salary distribution within this region signify clear career progression pathways, rewarding increased responsibility and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$43,190$20.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$73,463$35.3
ManagerOversees team, compliance, and project delivery.50% (Median)$81,440$39.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$122,438$58.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$164,650$79.2

Detailed Management Occupations Market Analysis

Relocation Context

Nominal Salary

$97,950

Gross Pay

Real Wage (Purchasing Power)

$97,950

Adjusted for COL (100)

For individuals considering relocation to the Lower East Mississippi nonmetropolitan area, the nominal average salary of $97,950 aligns precisely with the national average Cost of Living Index of 100. This suggests that the purchasing power of the local salary is comparable to the national average, making the cost of living a neutral factor in assessing the financial attractiveness of the region.

Job Market Context

5,430

Total Jobs

44.171

Per 1K Jobs

0.62

Location Quotient

Below Average

Lower East Mississippi nonmetropolitan area has 0.62x 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 (LQ) of 0.62 for Management Occupations in the Lower East Mississippi nonmetropolitan area indicates that these roles are less prevalent than the national average. An LQ below 1.0 suggests that the market is not as saturated with management positions, potentially offering fewer opportunities but also less competition for those seeking such roles.

Nearby Job Markets

Nearby Cities for Management Occupations

CitySalaryDist.
Jackson, MS Management Occupations Salary$111,680 14%43 mi

Comparing salaries near Lower East Mississippi nonmetropolitan area

Hiring Management Occupationss?

Frequently Asked Questions

How much does a Management Occupations make in Lower East Mississippi nonmetropolitan area?

The median annual salary for a Management Occupations in Lower East Mississippi nonmetropolitan area is $97,950. This typically ranges from $43,190 for entry-level positions to $164,650 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lower East Mississippi nonmetropolitan area is 31.9% lower than the national median of $143,930.

Is Lower East Mississippi nonmetropolitan area a lucrative place for Management Occupationss?

No, it is not considered lucrative compared to national standards.The average salary of $97,950 is significantly lower than the national average of $143,930, despite a neutral cost of living.

Is Lower East Mississippi nonmetropolitan area a good place to live for Management Occupations?

The Cost of Living Index in Lower East Mississippi nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lower East Mississippi nonmetropolitan area?

Some top paying nearby cities include Jackson, MS ($111,680) and others.

How does the Lower East Mississippi salary compare to the national average?

The average salary of $97,950 in Lower East Mississippi is substantially lower than the national average of $143,930 for Management Occupations.

What does a Location Quotient of 0.62 mean for management jobs?

A Location Quotient of 0.62 signifies that management occupations are less concentrated in this region compared to the national average, indicating fewer job opportunities relative to the overall workforce.

Is the cost of living high in Lower East Mississippi?

No, the Cost of Living Index is 100, which is exactly the national average, meaning the cost of living is neither high nor low relative to the rest of the country.

How many management jobs are there per 1,000 workers in this area?

There are approximately 44.171 management jobs per 1,000 workers in the Lower East Mississippi nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 5,430 employees in the Lower East Mississippi nonmetropolitan area area with a job density of 44.171 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.