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Average Management Occupations Salary in Northeast Virginia nonmetropolitan area

Management Occupations in the Northeast Virginia nonmetropolitan area command an average annual salary of $114,090. This figure is notably below the national average of $143,930, suggesting that regional economic factors and industry concentration play a significant role in compensation within this specific locale.

Executive Summary

  • Average Salary: $114,090 per year.
  • Growth Trend: Salaries have shifted 13.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $189,920.
  • Outlook: The job market for Management Occupations in the Northeast Virginia nonmetropolitan area appears stable, with a total local workforce of 2,420 individuals. The Location Quotient of 0.6 indicates a lower concentration of these roles compared to the national average, suggesting a potentially less saturated but also less specialized market.
2024 Market Data

Salary Overview

$114,090

The average Management Occupations in Northeast Virginia nonmetropolitan area earns-20.7%below the national average.

BreakdownBased on 40h/week
Hourly

$54.9

Weekly

$2,194

Monthly

$9,508

Management Occupations Salary Distribution in Northeast Virginia nonmetropolitan area

Salary progression for Management Occupations typically scales significantly with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior and executive roles can command salaries well above the average, reflecting increased responsibility and proven leadership capabilities. The percentile gaps in earnings highlight clear career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$51,440$24.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$85,568$41.1
ManagerOversees team, compliance, and project delivery.50% (Median)$98,590$47.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$142,613$68.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$189,920$91.3

Detailed Management Occupations Market Analysis

Relocation Context

Nominal Salary

$114,090

Gross Pay

Real Wage (Purchasing Power)

$114,090

Adjusted for COL (100)

With an average annual salary of $114,090 and a Cost of Living Index of 100 (matching the national average), individuals in Management Occupations in the Northeast Virginia nonmetropolitan area can expect their earnings to align with typical national spending power. This means the nominal salary offers a purchasing power equivalent to the national average.

Job Market Context

2,420

Total Jobs

42.346

Per 1K Jobs

0.6

Location Quotient

Below Average

Northeast Virginia nonmetropolitan area has 0.60x 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 0.6 for Management Occupations in the Northeast Virginia nonmetropolitan area signifies that these roles are less concentrated than the national average. This suggests that while opportunities exist, the market may be less competitive or specialized, potentially offering unique advantages for skilled professionals entering the region.

Nearby Job Markets

Nearby Cities for Management Occupations

Comparing salaries near Northeast Virginia nonmetropolitan area

Hiring Management Occupationss?

Frequently Asked Questions

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

The median annual salary for a Management Occupations in Northeast Virginia nonmetropolitan area is $114,090. This typically ranges from $51,440 for entry-level positions to $189,920 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northeast Virginia nonmetropolitan area is 20.7% lower than the national median of $143,930.

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

No, it is not as lucrative as the national average.The average salary of $114,090 is significantly lower than the national average of $143,930. However, the cost of living is on par with the national average, making the purchasing power of the salary comparable.

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

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

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

Some top paying nearby cities include Richmond, VA ($144,020) and Staunton-Stuarts Draft, VA.

How does the number of Management Occupations jobs compare nationally?

With 42.346 jobs per 1,000 workers, the Northeast Virginia nonmetropolitan area has a lower concentration of Management Occupations compared to the national average, as indicated by the Location Quotient of 0.6.

What is the impact of the Location Quotient on job availability?

A Location Quotient below 1.0, such as 0.6, suggests that Management Occupations are less prevalent in the Northeast Virginia nonmetropolitan area than in the nation as a whole. This could mean fewer specialized roles but potentially less competition for general management positions.

How does the cost of living affect the salary in this region?

The Cost of Living Index is 100, which is the national average. This means the $114,090 salary in Northeast Virginia nonmetropolitan area offers a purchasing power equivalent to the national average, despite being lower than the national salary average.

What does the total local workforce size imply for Management Occupations?

A total local workforce of 2,420 for Management Occupations indicates a moderately sized professional community within the Northeast Virginia nonmetropolitan area, suggesting a stable but not overwhelmingly large job market.

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 Virginia nonmetropolitan area area with a job density of 42.346 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.