Average Management Occupations Salary in Lubbock, TX
In Lubbock, TX, professionals in Management Occupations can expect an average annual salary of $105,150. This figure is notably below the national average of $143,930, suggesting that local economic factors and industry demands in Lubbock play a significant role in shaping compensation for these vital roles.
Executive Summary
- Average Salary: $105,150 per year.
- Growth Trend: Salaries have shifted 3.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $177,150.
- Outlook: Lubbock's management sector comprises a substantial 11,480 individuals, indicating a solid presence within the local workforce. With a Location Quotient of 0.98, the concentration of management occupations is nearly on par with the national average, suggesting a stable and established demand for these roles within the region.
Salary Overview
The average Management Occupations in Lubbock, TX earns-26.9%below the national average.
$50.6
$2,022
$8,763
Management Occupations Salary Trends (2020-2024)
While specific historical data for Lubbock's management sector isn't provided, it's reasonable to assume a general trend of salary growth mirroring national patterns over the past four years. Economic expansion and evolving business needs typically drive increases in compensation for management positions, reflecting a dynamic job market.
Management Occupations Salary Distribution in Lubbock, TX
Career progression in management occupations typically sees a significant salary increase from entry-level to senior positions. The gap between lower and higher salary percentiles reflects the value placed on experience, leadership skills, and strategic decision-making capabilities, offering a clear path for advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $42,440 | $20.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $78,863 | $37.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $86,850 | $41.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $131,438 | $63.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $177,150 | $85.2 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$105,150
Gross Pay
Real Wage (Purchasing Power)
$105,150
Adjusted for COL (100)
The average annual salary of $105,150 in Lubbock aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of a management professional's salary in Lubbock is equivalent to the national average, offering a stable financial environment without significant cost-of-living advantages or disadvantages.
Job Market Context
11,480
Total Jobs
69.35
Per 1K Jobs
0.98
Location Quotient
Lubbock, TX has 0.98x 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 0.98, Lubbock's market for management occupations is highly representative of the national landscape. This indicates a balanced job market where demand and supply are closely aligned, suggesting moderate competition for roles and a steady availability of opportunities for qualified professionals.
Nearby Job Markets
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Lubbock, TX?
The median annual salary for a Management Occupations in Lubbock, TX is $105,150. This typically ranges from $42,440 for entry-level positions to $177,150 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lubbock, TX is 26.9% lower than the national median of $143,930.
Is Lubbock, TX a lucrative place for Management Occupationss?
No, not when compared to the national average.While the average salary of $105,150 is substantial, it falls significantly short of the national average of $143,930. However, the cost of living being at the national average means the salary's purchasing power is consistent.
Is Lubbock, TX a good place to live for Management Occupations?
The Cost of Living Index in Lubbock, TX is 100. While higher than average, this often correlates with higher wages.
What is the average salary for Management Occupations in Lubbock, TX?
The average annual salary for Management Occupations in Lubbock, TX is $105,150.
How does Lubbock's management salary compare to the national average?
The average salary in Lubbock ($105,150) is lower than the national average ($143,930).
What is the Cost of Living Index in Lubbock, TX?
Lubbock, TX has a Cost of Living Index of 100, which is the same as the national average.
How concentrated are Management Occupations in Lubbock compared to the rest of the US?
The concentration of Management Occupations in Lubbock, with a Location Quotient of 0.98, is very close to the national average, indicating a similar level of prevalence.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 11,480 employees in the Lubbock, TX area with a job density of 69.35 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 Lubbock, TX