Average Management Occupations Salary in Midland, TX
Management Occupations in Midland, TX command an impressive average annual salary of $146,770, surpassing the national average of $143,930. This elevated compensation is likely driven by the region's specific economic landscape and the demand for skilled leadership within its key industries.
Executive Summary
- Average Salary: $146,770 per year.
- Growth Trend: Salaries have shifted 11.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $220,155.
- Outlook: With a substantial local workforce of 10,450 individuals and a Location Quotient of 1.23, Midland, TX demonstrates a notable concentration of Management Occupations relative to the national average. This suggests a robust and potentially growing job market for management professionals, indicating strong demand and a healthy ecosystem for these roles.
Salary Overview
The average Management Occupations in Midland, TX earns+2.0%above the national average.
$70.6
$2,823
$12,231
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Management Occupations in Midland, TX have experienced consistent growth over the past four years, mirroring national trends. This upward trajectory is typically fueled by inflation, increased demand for managerial expertise, and the evolving complexities of business operations.
Management Occupations Salary Distribution in Midland, TX
The salary spectrum for Management Occupations in Midland, TX significantly widens with experience. Entry-level positions will naturally fall below the average, while senior and executive roles can command substantially higher figures. The percentile gaps between lower and higher earners clearly signify a strong career progression path and the substantial rewards for accumulating experience and expertise in management.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $59,220 | $28.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $110,078 | $52.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $127,590 | $61.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $183,463 | $88.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $220,155 | $105.8 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$146,770
Gross Pay
Real Wage (Purchasing Power)
$146,770
Adjusted for COL (100)
The average annual salary of $146,770 in Midland, TX aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a management professional's salary in Midland is equivalent to that of their national counterparts, offering a stable financial foundation without the pressure of higher living expenses.
Job Market Context
10,450
Total Jobs
87.676
Per 1K Jobs
1.23
Location Quotient
With a location quotient of 1.23, Midland, TX has a slightly higher-than-average concentration of Management Occupations roles compared to the national norm.
A Location Quotient of 1.23 indicates that Management Occupations are 23% more concentrated in Midland, TX than the national average. This suggests a specialized and potentially competitive market where demand for these roles is higher than in many other regions, offering professionals a favorable environment for career advancement and opportunity.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Odessa, TX Management Occupations Salary | $121,310↓ 17% | 17 mi |
Comparing salaries near Midland, TX
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Midland, TX?
The median annual salary for a Management Occupations in Midland, TX is $146,770. This typically ranges from $59,220 for entry-level positions to $220,155 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Midland, TX is 2.0% higher than the national median of $143,930.
Is Midland, TX a lucrative place for Management Occupationss?
Yes, Midland, TX is a lucrative location for Management Occupations.The average salary of $146,770 significantly exceeds the national average, and the cost of living is on par with the national average, enhancing earning potential.
Is Midland, TX a good place to live for Management Occupations?
The Cost of Living Index in Midland, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Midland, TX?
Some top paying nearby cities include Odessa, TX ($121,310) and others.
What is the total number of management professionals in Midland, TX?
Midland, TX has a total workforce of 10,450 individuals, with a significant portion employed in Management Occupations, indicated by the jobs per 1,000 workers metric.
How does Midland's management job market compare to the national average?
Midland's management job market is more concentrated than the national average, as evidenced by a Location Quotient of 1.23, suggesting a higher prevalence of these roles locally.
What is the cost of living in Midland, TX for management professionals?
The cost of living in Midland, TX is exactly at the national average (Index of 100), meaning that the $146,770 salary offers purchasing power equivalent to the national average.
Are there many management job opportunities in Midland, TX?
With 87.676 management jobs per 1,000 workers and a Location Quotient above 1, the market indicates a strong presence and demand for management occupations in Midland, TX.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 10,450 employees in the Midland, TX area with a job density of 87.676 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, TX