Average Management Occupations Salary in Morgantown, WV
Management Occupations in Morgantown, WV, command an average annual salary of $122,030, which is notably below the national average of $143,930. This disparity can often be attributed to the specific economic landscape and industry demands within the Morgantown region, influencing the overall compensation structure for managerial roles.
Executive Summary
- Average Salary: $122,030 per year.
- Growth Trend: Salaries have shifted 17.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $213,510.
- Outlook: Morgantown's management sector supports a local workforce of 4,570 individuals, with a jobs-per-1,000-workers ratio of 68.292. The location quotient of 0.96 suggests that management occupations are present in Morgantown at a rate very close to the national average, indicating a stable, albeit not exceptionally concentrated, demand for these roles within the local economy.
Salary Overview
The average Management Occupations in Morgantown, WV earns-15.2%below the national average.
$58.7
$2,347
$10,169
Management Occupations Salary Trends (2020-2024)
While specific historical data for Morgantown's management occupations is not provided, it is generally assumed that salaries within this sector have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increased demand for skilled leadership, and the evolving complexities of business operations.
Management Occupations Salary Distribution in Morgantown, WV
Within the Management Occupations field, salary progression is strongly tied to experience and responsibility. Entry-level management positions typically start at lower percentiles, while senior leadership roles, commanding higher salaries, are found at the upper percentiles. The widening gap between entry-level and senior salaries signifies substantial career advancement opportunities and increased earning potential as professionals gain expertise and take on greater strategic oversight.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,300 | $23.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $91,523 | $44 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $102,440 | $49.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $152,538 | $73.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $213,510 | $102.6 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$122,030
Gross Pay
Real Wage (Purchasing Power)
$122,030
Adjusted for COL (100)
The average annual salary of $122,030 in Morgantown aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a management professional's income in Morgantown is equivalent to that of someone earning the national average salary in a location with average living expenses, suggesting a balanced financial standing.
Job Market Context
4,570
Total Jobs
68.292
Per 1K Jobs
0.96
Location Quotient
Morgantown, WV has 0.96x 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.
With a location quotient of 0.96, Morgantown's market for Management Occupations is nearly on par with the national average in terms of concentration. This indicates a competitive yet accessible job market, where opportunities exist but are not overwhelmingly abundant compared to national hubs, suggesting a balanced supply and demand dynamic for managerial talent.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Wheeling, WV-OH Management Occupations Salary | $102,440↓ 16% | 50 mi |
| Pittsburgh, PA Management Occupations Salary | $127,370↑ 4% | 55 mi |
| Weirton-Steubenville, WV-OH Management Occupations Salary | $101,620↓ 17% | 62 mi |
| Johnstown, PA Management Occupations Salary | $99,720↓ 18% | 72 mi |
| Parkersburg-Vienna, WV Management Occupations Salary | $105,140↓ 14% | 89 mi |
Comparing salaries near Morgantown, WV
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Morgantown, WV?
The median annual salary for a Management Occupations in Morgantown, WV is $122,030. This typically ranges from $48,300 for entry-level positions to $213,510 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Morgantown, WV is 15.2% lower than the national median of $143,930.
Is Morgantown, WV a lucrative place for Management Occupationss?
No, not exceptionally lucrative compared to national averages.While the average salary of $122,030 is substantial, it falls below the national average of $143,930. However, the cost of living is also at the national average, making the effective purchasing power comparable.
Is Morgantown, WV a good place to live for Management Occupations?
The Cost of Living Index in Morgantown, WV is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Morgantown, WV?
Some top paying nearby cities include Wheeling, WV-OH ($102,440) and Pittsburgh, PA.
How does Morgantown's management salary compare to the national average?
The average annual salary for Management Occupations in Morgantown is $122,030, which is 15.2% lower than the national average of $143,930.
What is the concentration of Management Occupations in Morgantown?
Morgantown has a location quotient of 0.96 for Management Occupations, indicating that the presence of these jobs is very close to the national average concentration.
How does the cost of living in Morgantown affect salary perception?
Morgantown's cost of living index is 100, matching the national average. This means the $122,030 salary has the same purchasing power as the national average salary in a location with average living costs.
What is the total number of management professionals in Morgantown?
There are approximately 4,570 individuals employed in Management Occupations within the Morgantown area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,570 employees in the Morgantown, WV area with a job density of 68.292 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 Morgantown, WV