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Average Management Occupations Salary in Prescott Valley-Prescott, AZ

In Prescott Valley-Prescott, AZ, professionals in Management Occupations can expect an average annual salary of $104,160. This figure is notably below the national average of $143,930, reflecting a localized economic landscape that influences compensation for these critical roles. The specific economic drivers and industry demands within the Prescott Valley-Prescott area contribute to this regional pay scale.

Executive Summary

  • Average Salary: $104,160 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $170,670.
  • Outlook: The Prescott Valley-Prescott, AZ area supports a substantial workforce of 5,050 individuals within Management Occupations. With a Location Quotient of 1, the concentration of these roles aligns precisely with the national average, suggesting a stable and balanced job market. The presence of 71.212 jobs per 1,000 workers indicates a consistent demand for management talent, underpinning the robustness of this sector locally.
2024 Market Data

Salary Overview

$104,160

The average Management Occupations in Prescott Valley-Prescott, AZ earns-27.6%below the national average.

BreakdownBased on 40h/week
Hourly

$50.1

Weekly

$2,003

Monthly

$8,680

Management Occupations Salary Distribution in Prescott Valley-Prescott, AZ

Salary progression within Management Occupations is strongly tied to experience. Entry-level management positions typically command salaries at the lower end of the pay scale, while senior executives with extensive experience and proven track records can earn significantly more, often reaching the upper percentiles. The widening gap between entry-level and senior roles highlights the substantial career growth and earning potential available through dedicated development and advancement within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$45,800$22
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$78,120$37.6
ManagerOversees team, compliance, and project delivery.50% (Median)$82,560$39.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$130,200$62.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$170,670$82.1

Detailed Management Occupations Market Analysis

Relocation Context

Nominal Salary

$104,160

Gross Pay

Real Wage (Purchasing Power)

$104,160

Adjusted for COL (100)

The average annual salary of $104,160 in Prescott Valley-Prescott, AZ, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary earned by management professionals in this area holds its purchasing power directly in line with the rest of the country, offering a stable financial environment without significant advantages or disadvantages related to living expenses.

Job Market Context

5,050

Total Jobs

71.212

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Prescott Valley-Prescott, AZ has a slightly higher-than-average concentration of Management Occupations roles compared to the national norm.

A Location Quotient of 1 for Management Occupations in Prescott Valley-Prescott, AZ, signifies that the concentration of these jobs is exactly at the national average. This indicates a market that is neither over-saturated nor significantly lacking in management professionals relative to the general workforce. The job market is therefore considered balanced, with opportunities available but not necessarily in overwhelming abundance compared to national trends.

Nearby Job Markets

Nearby Cities for Management Occupations

Comparing salaries near Prescott Valley-Prescott, AZ

Hiring Management Occupationss?

Frequently Asked Questions

How much does a Management Occupations make in Prescott Valley-Prescott, AZ?

The median annual salary for a Management Occupations in Prescott Valley-Prescott, AZ is $104,160. This typically ranges from $45,800 for entry-level positions to $170,670 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Prescott Valley-Prescott, AZ is 27.6% lower than the national median of $143,930.

Is Prescott Valley-Prescott, AZ a lucrative place for Management Occupationss?

No, it is not exceptionally lucrative compared to the national average.The average salary of $104,160 is below the national average of $143,930, although the cost of living is also at the national average.

Is Prescott Valley-Prescott, AZ a good place to live for Management Occupations?

The Cost of Living Index in Prescott Valley-Prescott, AZ is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Prescott Valley-Prescott, AZ?

Some top paying nearby cities include Flagstaff, AZ ($103,240) and Phoenix-Mesa-Chandler, AZ.

How does the Prescott Valley-Prescott, AZ salary compare to the national average?

The average salary for Management Occupations in Prescott Valley-Prescott, AZ is $104,160, which is lower than the national average of $143,930.

What is the job concentration for Management Occupations in Prescott Valley-Prescott, AZ?

The Location Quotient for Management Occupations in Prescott Valley-Prescott, AZ is 1, indicating that the concentration of these jobs is the same as the national average.

How does the cost of living in Prescott Valley-Prescott, AZ affect the salary?

With a Cost of Living Index of 100, the salary of $104,160 in Prescott Valley-Prescott, AZ has purchasing power equivalent to the national average, meaning it is neither significantly enhanced nor diminished by local living costs.

What is the total local workforce for Management Occupations in Prescott Valley-Prescott, AZ?

The total local workforce for Management Occupations in Prescott Valley-Prescott, AZ comprises 5,050 individuals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 5,050 employees in the Prescott Valley-Prescott, AZ area with a job density of 71.212 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.