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Average Management Occupations Salary in Northeast Minnesota nonmetropolitan area

Management Occupations in the Northeast Minnesota nonmetropolitan area command an average annual salary of $98,910. This figure is notably below the national average of $143,930, reflecting regional economic factors and potentially a different industry focus compared to more densely populated or economically diverse areas. The specific labor market dynamics and demand within this region directly influence compensation levels for management roles.

Executive Summary

  • Average Salary: $98,910 per year.
  • Growth Trend: Salaries have shifted 12.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $159,620.
  • Outlook: With a local workforce of 2,420 individuals in Management Occupations, the Northeast Minnesota nonmetropolitan area presents a stable, albeit not expansive, job market. The Location Quotient of 0.78 indicates a slightly lower concentration of these roles compared to the national average, suggesting that while opportunities exist, they are not as prevalent as in other regions. This concentration level implies a moderate demand for management professionals, with roles likely tied to established local industries.
2024 Market Data

Salary Overview

$98,910

The average Management Occupations in Northeast Minnesota nonmetropolitan area earns-31.3%below the national average.

BreakdownBased on 40h/week
Hourly

$47.6

Weekly

$1,902

Monthly

$8,243

Management Occupations Salary Distribution in Northeast Minnesota nonmetropolitan area

Salary progression for Management Occupations typically scales significantly with experience. Entry-level management positions will naturally fall at the lower end of the pay scale, while senior leadership roles, requiring extensive experience and proven track records, command substantially higher compensation. The percentile gaps between junior and senior roles highlight the clear career progression pathways available within this field, rewarding accumulated expertise and strategic responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$42,800$20.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$74,183$35.7
ManagerOversees team, compliance, and project delivery.50% (Median)$90,110$43.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$123,638$59.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$159,620$76.7

Detailed Management Occupations Market Analysis

Relocation Context

Nominal Salary

$98,910

Gross Pay

Real Wage (Purchasing Power)

$98,910

Adjusted for COL (100)

The average annual salary of $98,910 in the Northeast Minnesota nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a management professional's salary in this region is comparable to the national standard. While the nominal salary is lower than the national average, the equivalent cost of living suggests that the take-home pay offers a similar lifestyle standard in terms of expenses.

Job Market Context

2,420

Total Jobs

55.744

Per 1K Jobs

0.78

Location Quotient

Below Average

Northeast Minnesota nonmetropolitan area has 0.78x 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 0.78 for Management Occupations in the Northeast Minnesota nonmetropolitan area indicates that these roles are slightly less concentrated than the national average. This suggests a market that is neither oversaturated nor exceptionally scarce in management talent. Businesses seeking to fill these positions may find a moderately competitive landscape, with a steady availability of qualified candidates without an overwhelming surplus.

Nearby Job Markets

Nearby Cities for Management Occupations

Comparing salaries near Northeast Minnesota nonmetropolitan area

Hiring Management Occupationss?

Frequently Asked Questions

How much does a Management Occupations make in Northeast Minnesota nonmetropolitan area?

The median annual salary for a Management Occupations in Northeast Minnesota nonmetropolitan area is $98,910. This typically ranges from $42,800 for entry-level positions to $159,620 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northeast Minnesota nonmetropolitan area is 31.3% lower than the national median of $143,930.

Is Northeast Minnesota nonmetropolitan area a lucrative place for Management Occupationss?

No, it is not exceptionally lucrative compared to national averages.The average salary of $98,910 is significantly lower than the national average of $143,930, although the cost of living is on par with the national average.

Is Northeast Minnesota nonmetropolitan area a good place to live for Management Occupations?

The Cost of Living Index in Northeast Minnesota nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northeast Minnesota nonmetropolitan area?

Some top paying nearby cities include St. Cloud, MN ($119,300) and Minneapolis-St. Paul-Bloomington, MN-WI.

What is the average salary for Management Occupations in Northeast Minnesota nonmetropolitan area?

The average annual salary for Management Occupations in this region is $98,910.

How does the salary compare to the national average?

The local average salary of $98,910 is considerably lower than the national average of $143,930.

What is the Cost of Living Index in Northeast Minnesota nonmetropolitan area?

The Cost of Living Index for this area is 100, which is the national average.

How concentrated are Management Occupations in this region?

The Location Quotient is 0.78, indicating a slightly lower concentration of these jobs compared to the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,420 employees in the Northeast Minnesota nonmetropolitan area area with a job density of 55.744 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.