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Average Management Occupations Salary in Mississippi

Management Occupations in Mississippi command an average annual salary of $103,970, which is notably lower than the national average of $143,930. This disparity is often influenced by regional economic factors, industry concentration, and the overall cost of doing business within the state.

Executive Summary

  • Average Salary: $103,970 per year.
  • Growth Trend: Salaries have shifted 18.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $176,130.
  • Outlook: With a substantial local workforce of 53,520 individuals in Management Occupations, Mississippi demonstrates a significant presence in this sector. The Location Quotient of 0.65 suggests that while management roles are present, they are less concentrated than the national average, indicating a potentially less saturated but still active job market.
2024 Market Data

Salary Overview

$103,970

The average Management Occupations in Mississippi earns-27.8%below the national average.

BreakdownBased on 40h/week
Hourly

$50

Weekly

$1,999

Monthly

$8,664

Management Occupations Salary Distribution in Mississippi

Salary progression within Management Occupations in Mississippi typically scales with experience. Entry-level positions may start at a lower percentile, while senior and executive roles command higher salaries, reflecting increased responsibility and proven leadership capabilities. The widening gap between salary percentiles signifies clear opportunities for career advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$45,820$22
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$77,978$37.5
ManagerOversees team, compliance, and project delivery.50% (Median)$85,840$41.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$129,963$62.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$176,130$84.7

Detailed Management Occupations Market Analysis

Relocation Context

Nominal Salary

$103,970

Gross Pay

Real Wage (Purchasing Power)

$119,919

Adjusted for COL (86.7)

The average annual salary of $103,970 in Mississippi presents a favorable financial situation when considered against the state's Cost of Living Index of 86.7. This index, being below the national average of 100, suggests that the nominal income earned by management professionals in Mississippi may offer a higher purchasing power than in more expensive regions.

Job Market Context

53,520

Total Jobs

46.153

Per 1K Jobs

0.65

Location Quotient

Below Average

Mississippi has 0.65x 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 0.65 for Management Occupations in Mississippi indicates that this field is less concentrated in the state compared to the national average. This suggests that while opportunities exist, the market may be less competitive, potentially offering a more accessible entry point for new professionals or those looking to relocate.

Nearby Job Markets

Nearby Cities for Management Occupations

CitySalaryDist.
Jackson, MS Management Occupations Salary$111,680 7%43 mi

Comparing salaries near Mississippi

Hiring Management Occupationss?

Frequently Asked Questions

How much does a Management Occupations make in Mississippi?

The median annual salary for a Management Occupations in Mississippi is $103,970. This typically ranges from $45,820 for entry-level positions to $176,130 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Mississippi is 27.8% lower than the national median of $143,930.

Is Mississippi a lucrative place for Management Occupationss?

No, not compared to the national average.The average salary of $103,970 is significantly below the national average of $143,930, indicating lower earning potential in this sector within Mississippi.

Is Mississippi a good place to live for Management Occupations?

With a Cost of Living Index of 86.7 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Mississippi?

Some top paying nearby cities include Jackson, MS ($111,680) and others.

How does Mississippi's cost of living affect management salaries?

Mississippi's cost of living is 13.3% lower than the national average, meaning the $103,970 salary can potentially offer a higher standard of living and purchasing power compared to higher-paying states with a greater cost of living.

What is the concentration of Management Occupations in Mississippi?

The Location Quotient of 0.65 signifies that Management Occupations are less concentrated in Mississippi than the national average, suggesting a less saturated job market relative to other states.

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

There are approximately 46.15 management jobs per 1,000 workers in Mississippi, indicating a steady presence of these roles within the state's overall employment landscape.

What is the total workforce size for Management Occupations in Mississippi?

The total workforce dedicated to Management Occupations in Mississippi is 53,520 individuals, representing a significant segment of the state's professional employment.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 53,520 employees in the Mississippi area with a job density of 46.153 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.