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Average Management Occupations Salary in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Management Occupations in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area command an impressive average annual salary of $148,650. This figure slightly surpasses the national average of $143,930, indicating a robust demand and potentially higher compensation expectations within this metropolitan hub. The economic landscape and industry concentration in this region likely contribute to this favorable pay scale for management professionals.

Executive Summary

  • Average Salary: $148,650 per year.
  • Growth Trend: Salaries have shifted 3.1% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $222,975.
  • Outlook: The Philadelphia-Camden-Wilmington region demonstrates a healthy job market for Management Occupations, evidenced by a substantial local workforce of 214,930 individuals. With a Location Quotient of 1.05, management roles are slightly more concentrated here than the national average, suggesting a stable and present demand for these leadership positions within the local economy.
2024 Market Data

Salary Overview

$148,650

The average Management Occupations in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD earns+3.3%above the national average.

BreakdownBased on 40h/week
Hourly

$71.5

Weekly

$2,859

Monthly

$12,388

Management Occupations Salary Distribution in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

The salary spectrum for Management Occupations in Philadelphia-Camden-Wilmington offers significant room for career advancement. Entry-level positions typically fall within the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the upper percentiles. The widening gap between entry-level and senior management salaries underscores the value placed on experience and proven leadership capabilities in this market.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$64,000$30.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$111,488$53.6
ManagerOversees team, compliance, and project delivery.50% (Median)$129,380$62.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$185,813$89.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$222,975$107.2

Detailed Management Occupations Market Analysis

Relocation Context

Nominal Salary

$148,650

Gross Pay

Real Wage (Purchasing Power)

$148,650

Adjusted for COL (100)

The average annual salary of $148,650 for Management Occupations in Philadelphia-Camden-Wilmington aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a management professional's salary in this area is equivalent to the national standard, offering a balanced lifestyle without significant financial strain due to living expenses.

Job Market Context

214,930

Total Jobs

74.921

Per 1K Jobs

1.05

Location Quotient

Above Average

With a location quotient of 1.05, Philadelphia-Camden-Wilmington, PA-NJ-DE-MD has a slightly higher-than-average concentration of Management Occupations roles compared to the national norm.

With a Location Quotient of 1.05, the Philadelphia-Camden-Wilmington metropolitan area exhibits a slightly higher concentration of Management Occupations compared to the national average. This suggests a competitive yet accessible job market, where opportunities are readily available, and employers actively seek qualified management talent to drive their organizations forward.

Nearby Job Markets

Nearby Cities for Management Occupations

CitySalaryDist.
Trenton-Princeton, NJ Management Occupations Salary$177,720↑ 20%28 mi
Vineland, NJ Management Occupations Salary$135,150↓ 9%35 mi
Allentown-Bethlehem-Easton, PA-NJ Management Occupations Salary$127,240↓ 14%47 mi
Sussex Delaware nonmetropolitan area Management Occupations Salary$133,420↓ 10%47 mi
Reading, PA Management Occupations Salary$125,160↓ 16%48 mi

Comparing salaries near Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Hiring Management Occupationss?

Frequently Asked Questions

How much does a Management Occupations make in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?

The median annual salary for a Management Occupations in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is $148,650. This typically ranges from $64,000 for entry-level positions to $222,975 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is 3.3% higher than the national median of $143,930.

Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD a lucrative place for Management Occupationss?

Yes, it is a lucrative area for Management Occupations.The average salary of $148,650 is above the national average, and the cost of living is on par with the national average, indicating strong earning potential.

Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD a good place to live for Management Occupations?

The Cost of Living Index in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?

Some top paying nearby cities include Trenton-Princeton, NJ ($177,720) and Vineland, NJ.

How does the Philadelphia-Camden-Wilmington salary compare to the national average for Management Occupations?

The average annual salary for Management Occupations in Philadelphia-Camden-Wilmington is $148,650, which is slightly higher than the national average of $143,930.

What is the Cost of Living in Philadelphia-Camden-Wilmington relative to the national average?

The Cost of Living Index in Philadelphia-Camden-Wilmington is 100, which is exactly the national average, meaning the cost of goods and services is comparable nationwide.

Is there a high demand for Management Occupations in this region?

The Location Quotient of 1.05 suggests that Management Occupations are slightly more concentrated in this region than the national average, indicating a healthy demand.

How many Management Occupations jobs are there per 1,000 workers in Philadelphia-Camden-Wilmington?

There are approximately 74.921 Management Occupations jobs per 1,000 workers in the Philadelphia-Camden-Wilmington area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 214,930 employees in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area with a job density of 74.921 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Semantic Salary Analysis for Management Occupations • Data source: BLS OEWS 2024 •Jobs in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD