Average Management Occupations Salary in Providence-Warwick, RI-MA
In Providence-Warwick, RI-MA, professionals in Management Occupations earn an average annual salary of $135,610. This figure is slightly below the national average of $143,930, reflecting a localized market dynamic. Factors such as regional economic conditions and the specific industry mix within the Providence metropolitan area contribute to this pay differential.
Executive Summary
- Average Salary: $135,610 per year.
- Growth Trend: Salaries have shifted 1.7% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $222,470.
- Outlook: The Providence-Warwick area supports a substantial workforce of 41,440 individuals in Management Occupations. With a Location Quotient of 0.82, the concentration of these roles is slightly below the national average, suggesting a stable but not overly saturated market. The presence of nearly 59 management jobs per 1,000 workers indicates a consistent demand for leadership and strategic roles within the local economy.
Salary Overview
The average Management Occupations in Providence-Warwick, RI-MA earns-5.8%below the national average.
$65.2
$2,608
$11,301
Management Occupations Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Management Occupations in Providence-Warwick have experienced growth over the past four years, mirroring national trends. Economic expansion, inflation, and increasing demand for skilled management professionals typically drive upward salary adjustments in most metropolitan areas.
Management Occupations Salary Distribution in Providence-Warwick, RI-MA
Career progression within Management Occupations significantly impacts earning potential. Entry-level management positions might start closer to the lower percentiles, while senior executives and specialized managers command salaries in the upper percentiles. The widening gap between these percentiles underscores the substantial financial rewards associated with gaining experience and advancing to higher levels of responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $61,910 | $29.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $101,708 | $48.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $119,390 | $57.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $169,513 | $81.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $222,470 | $107 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$135,610
Gross Pay
Real Wage (Purchasing Power)
$135,610
Adjusted for COL (100)
The average annual salary of $135,610 in Providence-Warwick aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a management professional's salary in this area is equivalent to the national average, offering a balanced lifestyle without significant financial strain related to living expenses.
Job Market Context
41,440
Total Jobs
58.662
Per 1K Jobs
0.82
Location Quotient
Providence-Warwick, RI-MA has 0.82x 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 0.82 for Management Occupations in Providence-Warwick indicates that these roles are slightly less concentrated than the national average. This suggests that while management positions are present and necessary, the market may not be as intensely competitive as in areas with higher concentration, potentially offering a more balanced job search environment for qualified candidates.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Massachusetts nonmetropolitan area Management Occupations Salary | $126,380↓ 7% | 29 mi |
| Worcester, MA Management Occupations Salary | $143,450↑ 6% | 37 mi |
| Boston-Cambridge-Newton, MA-NH Management Occupations Salary | $175,200↑ 29% | 38 mi |
| Norwich-New London-Willimantic, CT Management Occupations Salary | $140,860↑ 4% | 39 mi |
| Barnstable Town, MA Management Occupations Salary | $125,520↓ 7% | 58 mi |
Comparing salaries near Providence-Warwick, RI-MA
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Providence-Warwick, RI-MA?
The median annual salary for a Management Occupations in Providence-Warwick, RI-MA is $135,610. This typically ranges from $61,910 for entry-level positions to $222,470 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Providence-Warwick, RI-MA is 5.8% lower than the national median of $143,930.
Is Providence-Warwick, RI-MA a lucrative place for Management Occupationss?
Yes, with a caveat.While the average salary of $135,610 is slightly below the national average, it is offset by a cost of living that is exactly at the national average, maintaining strong purchasing power.
Is Providence-Warwick, RI-MA a good place to live for Management Occupations?
The Cost of Living Index in Providence-Warwick, RI-MA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Providence-Warwick, RI-MA?
Some top paying nearby cities include Massachusetts nonmetropolitan area ($126,380) and Worcester, MA.
How does the Providence management salary compare to the national average?
The average salary for Management Occupations in Providence-Warwick is $135,610, which is approximately 5.8% lower than the national average of $143,930.
What is the concentration of Management Occupations in Providence-Warwick?
The Location Quotient for Management Occupations in Providence-Warwick is 0.82, indicating that the proportion of these jobs in the local workforce is slightly lower than the national average.
Does the cost of living affect the value of a management salary in Providence?
No, the cost of living in Providence-Warwick is exactly at the national average (100), meaning the $135,610 salary has the same purchasing power as the national average salary.
How many management jobs are there per 1,000 workers in Providence?
There are approximately 58.66 management jobs per 1,000 workers in the Providence-Warwick area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 41,440 employees in the Providence-Warwick, RI-MA area with a job density of 58.662 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 Providence-Warwick, RI-MA