Average Management Occupations Salary in Midland, MI
Management professionals in Midland, MI, command an impressive average annual salary of $150,540, significantly exceeding the national average of $143,930. This elevated compensation is likely driven by the specific industry demands and the concentration of specialized management roles within the Midland area, reflecting a localized premium for expertise.
Executive Summary
- Average Salary: $150,540 per year.
- Growth Trend: Salaries have shifted 15.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $224,850.
- Outlook: The management sector in Midland, MI, appears robust, supported by a local workforce of 3,520 individuals in these roles. With a Location Quotient of 1.31, management occupations are 31% more concentrated in Midland than the national average, indicating a strong and potentially growing demand for these skilled professionals within the region.
Salary Overview
The average Management Occupations in Midland, MI earns+4.6%above the national average.
$72.4
$2,895
$12,545
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that management occupations in Midland, MI, have experienced consistent salary growth over the past four years, mirroring national trends. Economic expansion and increasing demand for experienced leadership likely contribute to upward pressure on compensation within this vital sector.
Management Occupations Salary Distribution in Midland, MI
The career trajectory for management roles in Midland, MI, offers significant earning potential. Entry-level positions typically start at lower percentiles, but with accumulated experience and demonstrated leadership capabilities, professionals can advance to senior roles commanding salaries well above the average. The widening gap between entry-level and senior-level salaries clearly signifies substantial career progression opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $64,150 | $30.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $112,905 | $54.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $133,110 | $64 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $188,175 | $90.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $224,850 | $108.1 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$150,540
Gross Pay
Real Wage (Purchasing Power)
$150,540
Adjusted for COL (100)
For those considering a move to Midland, MI, the average management salary of $150,540 aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of this substantial salary is equivalent to the national average, offering a stable financial foundation without the immediate pressure of higher living expenses.
Job Market Context
3,520
Total Jobs
93.004
Per 1K Jobs
1.31
Location Quotient
With a location quotient of 1.31, Midland, MI has a slightly higher-than-average concentration of Management Occupations roles compared to the national norm.
Midland, MI, presents a market where management occupations are notably more prevalent than the national average, as evidenced by a Location Quotient of 1.31. This suggests a specialized and potentially competitive environment where employers actively seek management talent, offering opportunities for those with relevant skills and experience to thrive.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Bay City, MI Management Occupations Salary | $104,530↓ 31% | 17 mi |
| Saginaw, MI Management Occupations Salary | $116,870↓ 22% | 20 mi |
| Mid Michigan nonmetropolitan area Management Occupations Salary | $103,660↓ 31% | 26 mi |
| Southern Michigan nonmetropolitan area Management Occupations Salary | $113,780↓ 24% | 26 mi |
| Northern Michigan nonmetropolitan area Management Occupations Salary | $96,990↓ 36% | 26 mi |
Comparing salaries near Midland, MI
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Midland, MI?
The median annual salary for a Management Occupations in Midland, MI is $150,540. This typically ranges from $64,150 for entry-level positions to $224,850 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Midland, MI is 4.6% higher than the national median of $143,930.
Is Midland, MI a lucrative place for Management Occupationss?
Yes, Midland, MI is a lucrative location for management occupations.Management professionals in Midland earn above the national average salary, and the cost of living is on par with the national average, making it financially advantageous.
Is Midland, MI a good place to live for Management Occupations?
The Cost of Living Index in Midland, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Midland, MI?
Some top paying nearby cities include Bay City, MI ($104,530) and Saginaw, MI.
How does the Midland management salary compare to the national average?
The average annual salary for management occupations in Midland, MI, is $150,540, which is higher than the national average of $143,930.
What does the Location Quotient of 1.31 mean for management jobs in Midland?
A Location Quotient of 1.31 indicates that management occupations are 31% more concentrated in Midland, MI, compared to the national average, suggesting a strong local presence and demand for these roles.
How does the cost of living in Midland affect the salary?
Midland's Cost of Living Index is 100, matching the national average. This means the $150,540 salary has the same purchasing power as the national average salary, offering good value.
What is the total number of management professionals in Midland, MI?
There are approximately 3,520 individuals employed in management occupations within Midland, MI.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,520 employees in the Midland, MI area with a job density of 93.004 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 Midland, MI