Average Management Occupations Salary in Muncie, IN
Management Occupations in Muncie, IN, command an average annual salary of $112,990. This figure is notably below the national average of $143,930, reflecting the unique economic landscape and specific industry demands within the Muncie region. Local market dynamics, including industry concentration and the overall cost of doing business, play a significant role in shaping compensation for these vital roles.
Executive Summary
- Average Salary: $112,990 per year.
- Growth Trend: Salaries have shifted 16.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $189,960.
- Outlook: Muncie, IN, supports a local workforce of 2,200 individuals in Management Occupations. The location quotient of 0.7 suggests that management roles are slightly less concentrated here compared to the national average, indicating a stable but not overly saturated market. With approximately 49.44 jobs per 1,000 workers, the demand for management professionals remains consistent, offering a solid employment base.
Salary Overview
The average Management Occupations in Muncie, IN earns-21.5%below the national average.
$54.3
$2,173
$9,416
Management Occupations Salary Trends (2020-2024)
While specific historical data for Muncie's Management Occupations isn't provided, it's reasonable to assume a general trend of salary growth over the past four years, mirroring national patterns. Economic recovery, inflation, and increasing demand for skilled leadership likely contributed to incremental increases in compensation, aiming to keep pace with the evolving job market and retain talent within the region.
Management Occupations Salary Distribution in Muncie, IN
Compensation for Management Occupations in Muncie, IN, naturally scales with experience and responsibility. Entry-level management positions typically fall within the lower salary percentiles, while senior leadership roles, requiring extensive experience and strategic oversight, command salaries in the upper percentiles. The widening gap between entry-level and senior salaries signifies clear career progression pathways and the increasing value placed on seasoned management expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,500 | $23.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $84,743 | $40.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $97,000 | $46.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $141,238 | $67.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $189,960 | $91.3 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$112,990
Gross Pay
Real Wage (Purchasing Power)
$112,990
Adjusted for COL (100)
The average annual salary of $112,990 in Muncie, IN, aligns perfectly with the national average cost of living, indicated by an index of 100. This means that the nominal salary offers purchasing power equivalent to the national average, suggesting that residents can maintain a comparable standard of living without significant financial strain related to housing or everyday expenses compared to other parts of the country.
Job Market Context
2,200
Total Jobs
49.443
Per 1K Jobs
0.7
Location Quotient
Muncie, IN has 0.70x 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 0.7, Management Occupations in Muncie, IN, are present at a slightly lower concentration than the national average. This suggests that while management roles are integral to the local economy, the market is not saturated. This could translate to a competitive environment for highly skilled individuals, but also indicates potential opportunities for growth as the demand might outpace the readily available supply of specialized talent.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Kokomo, IN Management Occupations Salary | $112,210↓ 1% | 43 mi |
| Indianapolis-Carmel-Greenwood, IN Management Occupations Salary | $131,330↑ 16% | 49 mi |
| Northern Indiana nonmetropolitan area Management Occupations Salary | $112,070↓ 1% | 52 mi |
| Southern Indiana nonmetropolitan area Management Occupations Salary | $108,180↓ 4% | 52 mi |
| Central Indiana nonmetropolitan area Management Occupations Salary | $108,370↓ 4% | 52 mi |
Comparing salaries near Muncie, IN
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Muncie, IN?
The median annual salary for a Management Occupations in Muncie, IN is $112,990. This typically ranges from $48,500 for entry-level positions to $189,960 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Muncie, IN is 21.5% lower than the national median of $143,930.
Is Muncie, IN a lucrative place for Management Occupationss?
No, not when compared to the national average.While the average salary of $112,990 is substantial, it falls below the national average of $143,930. However, the cost of living being at the national average means the purchasing power is comparable.
Is Muncie, IN a good place to live for Management Occupations?
The Cost of Living Index in Muncie, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Muncie, IN?
Some top paying nearby cities include Kokomo, IN ($112,210) and Indianapolis-Carmel-Greenwood, IN.
How does Muncie's management salary compare to the national average?
The average annual salary for Management Occupations in Muncie, IN, is $112,990, which is approximately 21.5% lower than the national average of $143,930.
What is the concentration of Management Occupations in Muncie, IN?
Muncie, IN has a location quotient of 0.7 for Management Occupations, indicating that these roles are present at a slightly lower concentration than the national average.
How does the cost of living in Muncie affect the salary?
Muncie's cost of living index is 100, which is the national average. This means the $112,990 salary offers purchasing power equivalent to the national average, making it neither exceptionally high nor low in real terms.
What is the total workforce size for Management Occupations in Muncie?
There are approximately 2,200 individuals employed in Management Occupations within Muncie, IN.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,200 employees in the Muncie, IN area with a job density of 49.443 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 Muncie, IN