Average Management Occupations Salary in Madison, WI
Management Occupations in Madison, WI, command an impressive average annual salary of $141,170. This figure is slightly below the national average of $143,930, suggesting a competitive but not exorbitant compensation landscape. Local economic factors, industry concentration, and the overall demand within the Madison metropolitan area likely influence this pay scale.
Executive Summary
- Average Salary: $141,170 per year.
- Growth Trend: Salaries have shifted 13.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $219,350.
- Outlook: With a substantial local workforce of 24,120 individuals in Management Occupations, Madison, WI, demonstrates a significant presence in this sector. The location quotient of 0.84 indicates that management roles are slightly less concentrated here than the national average, implying a stable, albeit not overwhelmingly dominant, job market for these professionals.
Salary Overview
The average Management Occupations in Madison, WI earns-1.9%below the national average.
$67.9
$2,715
$11,764
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Management Occupations in Madison, WI, have experienced growth over the past four years, mirroring national trends. Economic expansion, inflation, and increasing demand for skilled management professionals typically drive upward salary adjustments in most robust job markets.
Management Occupations Salary Distribution in Madison, WI
The salary spectrum for Management Occupations in Madison, WI, naturally widens with experience. Entry-level positions might start significantly lower than the $141,170 average, while senior executives and highly specialized managers can command salaries well into the six figures. The percentile gaps between different experience levels are a clear indicator of the career progression and earning potential within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $68,720 | $33 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $105,878 | $50.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $127,780 | $61.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $176,463 | $84.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $219,350 | $105.5 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$141,170
Gross Pay
Real Wage (Purchasing Power)
$141,170
Adjusted for COL (100)
The average annual salary of $141,170 in Madison, WI, 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 Madison is equivalent to that of their counterpart in a typical U.S. city, offering a stable financial foundation without significant cost-of-living advantages or disadvantages.
Job Market Context
24,120
Total Jobs
59.496
Per 1K Jobs
0.84
Location Quotient
Madison, WI has 0.84x 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 0.84 for Management Occupations in Madison, WI, suggests that the proportion of these roles within the local workforce is slightly lower than the national average. This indicates a moderately competitive market where demand is present but not exceptionally concentrated, offering a balanced environment for job seekers and employers alike.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Janesville-Beloit, WI Management Occupations Salary | $133,500↓ 5% | 33 mi |
| Rockford, IL Management Occupations Salary | $116,210↓ 18% | 59 mi |
| Fond du Lac, WI Management Occupations Salary | $127,200↓ 10% | 68 mi |
| Milwaukee-Waukesha, WI Management Occupations Salary | $141,760↑ 0% | 72 mi |
| Oshkosh-Neenah, WI Management Occupations Salary | $146,750↑ 4% | 77 mi |
Comparing salaries near Madison, WI
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Madison, WI?
The median annual salary for a Management Occupations in Madison, WI is $141,170. This typically ranges from $68,720 for entry-level positions to $219,350 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Madison, WI is 1.9% lower than the national median of $143,930.
Is Madison, WI a lucrative place for Management Occupationss?
Yes, Madison, WI offers a lucrative environment for Management Occupations.The average salary of $141,170 is substantial, and with a cost of living at the national average, the purchasing power remains strong.
Is Madison, WI a good place to live for Management Occupations?
The Cost of Living Index in Madison, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Madison, WI?
Some top paying nearby cities include Janesville-Beloit, WI ($133,500) and Rockford, IL.
How does Madison's management salary compare to the national average?
The average annual salary for Management Occupations in Madison, WI, is $141,170, which is slightly lower than the national average of $143,930.
What is the concentration of Management Occupations in Madison, WI?
Madison, WI has a location quotient of 0.84 for Management Occupations, indicating a slightly lower concentration compared to the national average.
How does the cost of living in Madison affect salary value?
Madison's cost of living index is 100, which is the national average. This means the $141,170 salary has the same purchasing power as the national average salary in a typical U.S. city.
What does the total local workforce size imply for management jobs?
With 24,120 individuals in Management Occupations, Madison has a significant workforce in this sector, suggesting a robust and active job market for management professionals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 24,120 employees in the Madison, WI area with a job density of 59.496 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 Madison, WI