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Average Management Occupations Salary in Mayaguez, PR

In Mayaguez, Puerto Rico, professionals in Management Occupations can expect an average annual salary of $74,190. This figure is notably lower than the national average of $143,930, reflecting regional economic factors and the specific demand dynamics within the local market. The cost of living in Mayaguez aligns with the national average, making salary comparisons crucial for understanding purchasing power.

Executive Summary

  • Average Salary: $74,190 per year.
  • Growth Trend: Salaries have shifted 27.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $125,130.
  • Outlook: The management sector in Mayaguez comprises a local workforce of 1,560 individuals, with management roles accounting for approximately 29.95 jobs per 1,000 workers. The Location Quotient of 0.42 indicates that management occupations are less concentrated in Mayaguez compared to the national average, suggesting a potentially less saturated but also less robust market for these roles.
2024 Market Data

Salary Overview

$74,190

The average Management Occupations in Mayaguez, PR earns-48.5%below the national average.

BreakdownBased on 40h/week
Hourly

$35.7

Weekly

$1,427

Monthly

$6,183

Management Occupations Salary Distribution in Mayaguez, PR

Salary progression for Management Occupations in Mayaguez, as elsewhere, typically follows a clear path from entry-level to senior positions. While specific percentile data isn't available, it's understood that experienced managers command higher salaries, with significant gaps between the 25th percentile (entry-level) and the 75th percentile (senior roles) reflecting increased responsibility and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$34,150$16.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$55,643$26.8
ManagerOversees team, compliance, and project delivery.50% (Median)$63,310$30.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$92,738$44.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$125,130$60.2

Detailed Management Occupations Market Analysis

Relocation Context

Nominal Salary

$74,190

Gross Pay

Real Wage (Purchasing Power)

$74,190

Adjusted for COL (100)

With an average annual salary of $74,190 and a Cost of Living Index of 100 (matching the national average), the nominal salary in Mayaguez offers purchasing power equivalent to the national average. This means that while the absolute salary is lower than the national average, the cost of goods and services is also at par, suggesting a balanced financial standing for residents.

Job Market Context

1,560

Total Jobs

29.945

Per 1K Jobs

0.42

Location Quotient

Low Concentration

At 0.42x, Mayaguez, PR has a notably lower concentration of Management Occupations jobs than the national average. Opportunities in this area are relatively scarce for this profession.

The Location Quotient of 0.42 for Management Occupations in Mayaguez signifies that these roles are less prevalent locally than they are nationally. This suggests a market with potentially fewer opportunities compared to national benchmarks, but it could also imply less competition for available positions, offering a unique dynamic for job seekers and employers.

Nearby Job Markets

Nearby Cities for Management Occupations

Comparing salaries near Mayaguez, PR

Hiring Management Occupationss?

Frequently Asked Questions

How much does a Management Occupations make in Mayaguez, PR?

The median annual salary for a Management Occupations in Mayaguez, PR is $74,190. This typically ranges from $34,150 for entry-level positions to $125,130 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Mayaguez, PR is 48.5% lower than the national median of $143,930.

Is Mayaguez, PR a lucrative place for Management Occupationss?

No, Mayaguez, PR is not considered a lucrative place for Management Occupations compared to the national average.The average salary of $74,190 is significantly lower than the national average of $143,930, despite a cost of living that matches the national index.

Is Mayaguez, PR a good place to live for Management Occupations?

The Cost of Living Index in Mayaguez, PR is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Mayaguez, PR?

Some top paying nearby cities include Aguadilla, PR ($84,370) and Arecibo, PR.

How does the Mayaguez management salary compare to the national average?

The average annual salary for Management Occupations in Mayaguez is $74,190, which is considerably less than the national average of $143,930.

What is the concentration of management jobs in Mayaguez?

Mayaguez has a Location Quotient of 0.42 for management occupations, indicating a lower concentration compared to the national average.

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

There are approximately 29.95 management jobs per 1,000 workers in Mayaguez.

Does the cost of living in Mayaguez affect the salary comparison?

The Cost of Living Index in Mayaguez is 100, which is the national average. This means the lower nominal salary of $74,190 has purchasing power equivalent to the national average, despite being lower in absolute terms.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,560 employees in the Mayaguez, PR area with a job density of 29.945 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.