Average Management Occupations Salary in Racine-Mount Pleasant, WI
Management occupations in Racine-Mount Pleasant, WI, command an average annual salary of $126,200. This figure is notably below the national average of $143,930, suggesting that local economic factors and industry demand play a significant role in compensation within this specific region. While the nominal salary is substantial, understanding its local context is key.
Executive Summary
- Average Salary: $126,200 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $206,230.
- Outlook: With a local workforce of 3,660 individuals in management occupations, Racine-Mount Pleasant demonstrates a stable presence in this sector. The location quotient of 0.67 indicates that management roles are less concentrated here compared to the national average, implying a potentially less saturated but perhaps more specialized job market. The rate of 47.749 jobs per 1,000 workers further underscores the consistent demand for managerial talent within the area.
Salary Overview
The average Management Occupations in Racine-Mount Pleasant, WI earns-12.3%below the national average.
$60.7
$2,427
$10,517
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that management occupations in Racine-Mount Pleasant have experienced salary growth over the past four years, mirroring national trends. Economic recovery, inflation, and increasing demand for skilled leadership likely contributed to upward pressure on wages, ensuring that compensation remains competitive within the local market.
Management Occupations Salary Distribution in Racine-Mount Pleasant, WI
Career progression in management occupations typically sees a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior management roles, with their increased responsibilities and strategic oversight, command substantially higher salaries. The percentile gaps in earnings clearly signify the career trajectory and earning potential available to dedicated professionals in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $60,160 | $28.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $94,650 | $45.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $113,850 | $54.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $157,750 | $75.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $206,230 | $99.1 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$126,200
Gross Pay
Real Wage (Purchasing Power)
$126,200
Adjusted for COL (100)
The average annual salary of $126,200 in Racine-Mount Pleasant 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 region is equivalent to the national average, offering a balanced lifestyle without significant financial strain related to living expenses.
Job Market Context
3,660
Total Jobs
47.749
Per 1K Jobs
0.67
Location Quotient
Racine-Mount Pleasant, WI has 0.67x 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 0.67 for management occupations in Racine-Mount Pleasant suggests that this sector is less concentrated than the national average. This could indicate fewer available positions relative to the overall workforce compared to other regions, but it also implies that the demand for skilled management professionals may be steady, and competition might be less intense than in more saturated markets.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Kenosha, WI Management Occupations Salary | $134,580↑ 7% | 10 mi |
| Milwaukee-Waukesha, WI Management Occupations Salary | $141,760↑ 12% | 25 mi |
| Chicago-Naperville-Elgin, IL-IN Management Occupations Salary | $146,000↑ 16% | 59 mi |
| Janesville-Beloit, WI Management Occupations Salary | $133,500↑ 6% | 61 mi |
| Sheboygan, WI Management Occupations Salary | $138,700↑ 10% | 70 mi |
Comparing salaries near Racine-Mount Pleasant, WI
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Racine-Mount Pleasant, WI?
The median annual salary for a Management Occupations in Racine-Mount Pleasant, WI is $126,200. This typically ranges from $60,160 for entry-level positions to $206,230 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Racine-Mount Pleasant, WI is 12.3% lower than the national median of $143,930.
Is Racine-Mount Pleasant, WI a lucrative place for Management Occupationss?
Moderately lucrative, with a strong cost of living alignment.While the average salary of $126,200 is below the national average, it is balanced by a cost of living index of 100, offering good purchasing power. The stable job market indicates consistent opportunities for management professionals.
Is Racine-Mount Pleasant, WI a good place to live for Management Occupations?
The Cost of Living Index in Racine-Mount Pleasant, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Racine-Mount Pleasant, WI?
Some top paying nearby cities include Kenosha, WI ($134,580) and Milwaukee-Waukesha, WI.
How does the Racine-Mount Pleasant management salary compare to the national average?
The average annual salary for management occupations in Racine-Mount Pleasant is $126,200, which is lower than the national average of $143,930.
What is the concentration of management jobs in Racine-Mount Pleasant?
The location quotient for management occupations is 0.67, indicating that these jobs are less concentrated in Racine-Mount Pleasant compared to the national average.
How does the cost of living in Racine-Mount Pleasant affect the salary?
The cost of living in Racine-Mount Pleasant is at the national average (100), meaning the $126,200 salary offers purchasing power equivalent to the national average.
What is the total number of management professionals in Racine-Mount Pleasant?
There are approximately 3,660 individuals employed in management occupations within the Racine-Mount Pleasant area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,660 employees in the Racine-Mount Pleasant, WI area with a job density of 47.749 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 Racine-Mount Pleasant, WI