Average Management Occupations Salary in Northern Michigan nonmetropolitan area
Management Occupations in Northern Michigan's nonmetropolitan area command an average annual salary of $96,990. This figure is notably below the national average of $143,930, reflecting the economic landscape and industry concentration typical of nonmetropolitan regions. Factors such as local industry demand and the cost of doing business often influence these regional pay scales.
Executive Summary
- Average Salary: $96,990 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $162,560.
- Outlook: With a local workforce of 6,660 individuals in Management Occupations, the presence of this sector is significant for the region. The location quotient of 0.79 suggests that while management roles are present, they are slightly less concentrated than the national average, indicating a potentially stable but not oversaturated job market.
Salary Overview
The average Management Occupations in Northern Michigan nonmetropolitan area earns-32.6%below the national average.
$46.6
$1,865
$8,083
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Management Occupations in Northern Michigan have experienced gradual growth over the past four years, mirroring broader economic trends and inflation adjustments. This steady, albeit potentially modest, increase would reflect the ongoing demand for skilled management professionals in the region.
Management Occupations Salary Distribution in Northern Michigan nonmetropolitan area
Salary progression for Management Occupations typically scales with experience. Entry-level positions will likely fall towards the lower end of the pay scale, while senior management roles, requiring extensive experience and proven leadership, command significantly higher compensation. The percentile gaps in salary data would clearly signify these career progression opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $43,990 | $21.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $72,743 | $35 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $83,750 | $40.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $121,238 | $58.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $162,560 | $78.2 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$96,990
Gross Pay
Real Wage (Purchasing Power)
$96,990
Adjusted for COL (100)
The average annual salary of $96,990 in Northern Michigan aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income is equivalent to the national standard, making it a neutral factor in relocation decisions from a cost perspective.
Job Market Context
6,660
Total Jobs
56.343
Per 1K Jobs
0.79
Location Quotient
Northern Michigan nonmetropolitan area has 0.79x 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 0.79 indicates that Management Occupations are slightly underrepresented in Northern Michigan compared to the national average. This suggests a market that is neither overly saturated nor critically lacking in management talent, presenting a balanced environment for job seekers and employers alike.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Midland, MI Management Occupations Salary | $150,540↑ 55% | 26 mi |
| Saginaw, MI Management Occupations Salary | $116,870↑ 20% | 30 mi |
| Bay City, MI Management Occupations Salary | $104,530↑ 8% | 37 mi |
| Lansing-East Lansing, MI Management Occupations Salary | $123,240↑ 27% | 42 mi |
| Flint, MI Management Occupations Salary | $111,690↑ 15% | 47 mi |
Comparing salaries near Northern Michigan nonmetropolitan area
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Northern Michigan nonmetropolitan area?
The median annual salary for a Management Occupations in Northern Michigan nonmetropolitan area is $96,990. This typically ranges from $43,990 for entry-level positions to $162,560 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northern Michigan nonmetropolitan area is 32.6% lower than the national median of $143,930.
Is Northern Michigan nonmetropolitan area a lucrative place for Management Occupationss?
No, not when compared to the national average.While the average salary of $96,990 is substantial, it falls significantly short of the national average of $143,930. However, the cost of living being at the national average offsets this disparity to some extent.
Is Northern Michigan nonmetropolitan area a good place to live for Management Occupations?
The Cost of Living Index in Northern Michigan nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northern Michigan nonmetropolitan area?
Some top paying nearby cities include Midland, MI ($150,540) and Saginaw, MI.
How does the local workforce size impact management job opportunities?
A local workforce of 6,660 in management roles suggests a consistent demand for these positions within the region's economic structure.
What does a Location Quotient of 0.79 mean for management professionals?
It implies that management roles are present but less concentrated than the national average, suggesting a potentially stable job market with moderate competition.
How does the Cost of Living Index affect the $96,990 salary?
With a Cost of Living Index of 100, the $96,990 salary offers purchasing power equivalent to the national average, making it neither exceptionally high nor low in real terms.
Are there significant salary differences based on experience in Northern Michigan?
Yes, as with most fields, experience plays a crucial role, with entry-level positions offering lower salaries and senior roles commanding higher compensation, reflecting career progression.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,660 employees in the Northern Michigan nonmetropolitan area area with a job density of 56.343 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 Northern Michigan nonmetropolitan area