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Average Management Occupations Salary in Puerto Rico

Management Occupations in Puerto Rico command an average annual salary of $90,240. This figure is notably lower than the national average of $143,930, reflecting a combination of regional economic factors and the specific labor market dynamics within the island territory. The localized pay scale is a direct consequence of the island's economic structure and the demand for these specialized roles.

Executive Summary

  • Average Salary: $90,240 per year.
  • Growth Trend: Salaries have shifted 17.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $160,420.
  • Outlook: With a substantial local workforce of 39,170 individuals in Management Occupations, Puerto Rico demonstrates a significant presence in this sector. The location quotient of 0.59 suggests that while management roles are present, they are less concentrated compared to the national average, indicating potential for growth and opportunity for skilled professionals entering the market.
2024 Market Data

Salary Overview

$90,240

The average Management Occupations in Puerto Rico earns-37.3%below the national average.

BreakdownBased on 40h/week
Hourly

$43.4

Weekly

$1,735

Monthly

$7,520

Management Occupations Salary Distribution in Puerto Rico

The salary range for Management Occupations in Puerto Rico likely shows a significant progression from entry-level positions to senior executive roles. While the average stands at $90,240, experienced professionals and those in leadership positions can expect to earn considerably more, with higher percentiles reflecting greater responsibility and expertise. These percentile gaps are crucial indicators of career advancement opportunities within the island's management sector.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$38,450$18.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$67,680$32.5
ManagerOversees team, compliance, and project delivery.50% (Median)$76,530$36.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$112,800$54.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$160,420$77.1

Detailed Management Occupations Market Analysis

Relocation Context

Nominal Salary

$90,240

Gross Pay

Real Wage (Purchasing Power)

$94,989

Adjusted for COL (95)

The average annual salary of $90,240 in Puerto Rico presents a favorable financial outlook when considering the local cost of living. With a Cost of Living Index of 95 (where 100 is the national average), residents experience slightly lower expenses than on the mainland. This means the nominal salary offers a relatively strong purchasing power within the local economy.

Job Market Context

39,170

Total Jobs

41.685

Per 1K Jobs

0.59

Location Quotient

Below Average

Puerto Rico has 0.59x 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 0.59 for Management Occupations in Puerto Rico indicates that this sector is less concentrated than the national average. This suggests that while management roles are vital to the local economy, the market may not be saturated, potentially offering a competitive edge for individuals with specialized skills or extensive experience seeking opportunities.

Nearby Job Markets

Nearby Cities for Management Occupations

Comparing salaries near Puerto Rico

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Frequently Asked Questions

How much does a Management Occupations make in Puerto Rico?

The median annual salary for a Management Occupations in Puerto Rico is $90,240. This typically ranges from $38,450 for entry-level positions to $160,420 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Puerto Rico is 37.3% lower than the national median of $143,930.

Is Puerto Rico a lucrative place for Management Occupationss?

Yes, with a caveat.While the average salary of $90,240 is below the national average, the lower cost of living (95 index) makes it a financially viable location. The lower concentration (LQ 0.59) may also present unique opportunities for skilled professionals.

Is Puerto Rico a good place to live for Management Occupations?

With a Cost of Living Index of 95 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Puerto Rico?

Some top paying nearby cities include Ponce, PR ($81,230) and Arecibo, PR.

How does the cost of living in Puerto Rico compare to the US mainland?

Puerto Rico's Cost of Living Index is 95, meaning it is slightly less expensive than the national average of 100. This can increase the effective purchasing power of local salaries.

What does a Location Quotient of 0.59 mean for Management Occupations?

A Location Quotient of 0.59 signifies that Management Occupations are less concentrated in Puerto Rico compared to the rest of the United States. This could imply a less competitive market or a growing demand for these roles.

How many Management Occupations jobs are there per 1,000 workers in Puerto Rico?

There are approximately 41.685 Management Occupations jobs per 1,000 workers in Puerto Rico, providing a measure of job availability within the sector relative to the overall workforce.

Is the job market for Management Occupations in Puerto Rico growing?

While specific growth rates aren't provided, the presence of 39,170 individuals in Management Occupations suggests a stable and significant sector. Assuming general economic trends, moderate growth is likely.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 39,170 employees in the Puerto Rico area with a job density of 41.685 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.