Average Management Occupations Salary in Northwest Minnesota nonmetropolitan area
Management Occupations in Northwest Minnesota nonmetropolitan area command an average annual salary of $105,720. This figure is notably below the national average of $143,930, reflecting regional economic factors and a potentially different demand structure compared to more densely populated or economically diverse areas. The specific economic landscape and industry concentration within this nonmetropolitan region directly influence compensation levels for management roles.
Executive Summary
- Average Salary: $105,720 per year.
- Growth Trend: Salaries have shifted 11.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $168,190.
- Outlook: With a local workforce of 10,310 individuals in Management Occupations and a Location Quotient of 0.75, the job market in Northwest Minnesota nonmetropolitan area indicates a slightly lower concentration of these roles compared to the national average. While not a primary hub, the presence of over 10,000 workers suggests a stable, albeit less concentrated, demand for management professionals within the region's existing industries.
Salary Overview
The average Management Occupations in Northwest Minnesota nonmetropolitan area earns-26.5%below the national average.
$50.8
$2,033
$8,810
Management Occupations Salary Trends (2020-2024)
While specific historical data for this precise region and job category is not provided, it is reasonable to assume that management salaries in Northwest Minnesota nonmetropolitan area have experienced gradual growth over the past four years, mirroring broader economic trends. This growth is likely driven by inflation, increasing operational complexities, and the ongoing need for skilled leadership across various sectors within the region.
Management Occupations Salary Distribution in Northwest Minnesota nonmetropolitan area
Salary progression for Management Occupations typically scales significantly with experience. Entry-level management positions may start at a lower percentile, while senior leadership roles, characterized by greater responsibility and strategic oversight, command top-tier salaries. The widening gap between entry-level and senior compensation percentiles in this region signifies clear opportunities for career advancement and increased earning potential for dedicated professionals.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,530 | $21.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $79,290 | $38.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $96,120 | $46.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $132,150 | $63.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $168,190 | $80.9 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$105,720
Gross Pay
Real Wage (Purchasing Power)
$105,720
Adjusted for COL (100)
The average annual salary of $105,720 in Northwest 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 equivalent to that of someone earning the national average salary in a location with average living costs.
Job Market Context
10,310
Total Jobs
53.619
Per 1K Jobs
0.75
Location Quotient
Northwest Minnesota nonmetropolitan area has 0.75x 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 0.75 suggests that Management Occupations are 25% less concentrated in Northwest Minnesota nonmetropolitan area than the national average. This indicates that while management roles are present and essential, they are not as prevalent as in national averages, potentially leading to a less competitive job market for management positions but also suggesting fewer specialized opportunities compared to larger metropolitan areas.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| St. Cloud, MN Management Occupations Salary | $119,300↑ 13% | 17 mi |
| Minneapolis-St. Paul-Bloomington, MN-WI Management Occupations Salary | $145,610↑ 38% | 58 mi |
Comparing salaries near Northwest Minnesota nonmetropolitan area
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Northwest Minnesota nonmetropolitan area?
The median annual salary for a Management Occupations in Northwest Minnesota nonmetropolitan area is $105,720. This typically ranges from $45,530 for entry-level positions to $168,190 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northwest Minnesota nonmetropolitan area is 26.5% lower than the national median of $143,930.
Is Northwest Minnesota nonmetropolitan area a lucrative place for Management Occupationss?
No, not compared to the national average.While the average salary of $105,720 is substantial, it falls significantly short of the national average, indicating less lucrative compensation. However, the cost of living being at the national average means the salary's purchasing power is equivalent.
Is Northwest Minnesota nonmetropolitan area a good place to live for Management Occupations?
The Cost of Living Index in Northwest Minnesota nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northwest Minnesota nonmetropolitan area?
Some top paying nearby cities include St. Cloud, MN ($119,300) and Minneapolis-St. Paul-Bloomington, MN-WI.
How does the local salary compare to the national average for Management Occupations?
The average annual salary for Management Occupations in Northwest Minnesota nonmetropolitan area is $105,720, which is considerably lower than the national average of $143,930.
What is the concentration of Management Occupations in this region?
The Location Quotient of 0.75 indicates that Management Occupations are less concentrated in Northwest Minnesota nonmetropolitan area compared to the national average, suggesting a smaller proportion of these roles relative to the overall workforce.
How does the cost of living affect the salary in Northwest Minnesota nonmetropolitan area?
With a Cost of Living Index of 100, the local cost of living is exactly at the national average. This means the $105,720 salary offers purchasing power equivalent to the national average salary in a national-average cost-of-living area.
What is the total number of Management Occupations workers in this area?
There are 10,310 individuals employed in Management Occupations within the Northwest Minnesota nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 10,310 employees in the Northwest Minnesota nonmetropolitan area area with a job density of 53.619 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 Northwest Minnesota nonmetropolitan area