Average Management Occupations Salary in Raleigh-Cary, NC
Management Occupations in Raleigh-Cary, NC command an impressive average annual salary of $143,950, virtually mirroring the national average of $143,930. This parity suggests that the robust economic landscape and demand for skilled leadership within the Raleigh-Cary metropolitan area effectively compensate professionals, aligning local compensation with broader industry benchmarks.
Executive Summary
- Average Salary: $143,950 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $231,780.
- Outlook: The Raleigh-Cary region demonstrates a healthy market for Management Occupations, evidenced by a substantial local workforce of 53,250 individuals in these roles. With a Location Quotient of 1.03, management positions are slightly more concentrated here than the national average, indicating a steady and perhaps growing demand for leadership talent within this dynamic economic hub.
Salary Overview
The average Management Occupations in Raleigh-Cary, NC earns+0.0%above the national average.
$69.2
$2,768
$11,996
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Management Occupations salaries in Raleigh-Cary have experienced consistent growth over the past four years, mirroring national trends. Factors such as inflation, increasing demand for experienced leaders, and the region's economic expansion likely contribute to upward pressure on compensation for these vital roles.
Management Occupations Salary Distribution in Raleigh-Cary, NC
Career progression within Management Occupations in Raleigh-Cary typically sees significant salary increases with experience. Entry-level management roles might start at a lower percentile, but as professionals gain experience and move into senior or executive positions, their earning potential escalates considerably. The salary distribution, with a high average, suggests ample opportunity for advancement and higher compensation at senior levels.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $61,980 | $29.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $107,963 | $51.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $128,100 | $61.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $179,938 | $86.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $231,780 | $111.4 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$143,950
Gross Pay
Real Wage (Purchasing Power)
$143,950
Adjusted for COL (100)
The average annual salary of $143,950 in Raleigh-Cary, NC, 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 stability and predictability for those considering a move to the region.
Job Market Context
53,250
Total Jobs
73.593
Per 1K Jobs
1.03
Location Quotient
With a location quotient of 1.03, Raleigh-Cary, NC has a slightly higher-than-average concentration of Management Occupations roles compared to the national norm.
A Location Quotient of 1.03 for Management Occupations in Raleigh-Cary signifies a market that is slightly more concentrated than the national average. This suggests a competitive yet robust job market where demand for management talent is healthy, potentially offering more opportunities and slightly better compensation compared to areas with lower concentration.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Durham-Chapel Hill, NC Management Occupations Salary | $153,290↑ 6% | 18 mi |
| Rocky Mount, NC Management Occupations Salary | $115,600↓ 20% | 48 mi |
| Goldsboro, NC Management Occupations Salary | $109,630↓ 24% | 49 mi |
| Burlington, NC Management Occupations Salary | $116,390↓ 19% | 49 mi |
| Fayetteville, NC Management Occupations Salary | $111,270↓ 23% | 55 mi |
Comparing salaries near Raleigh-Cary, NC
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Raleigh-Cary, NC?
The median annual salary for a Management Occupations in Raleigh-Cary, NC is $143,950. This typically ranges from $61,980 for entry-level positions to $231,780 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Raleigh-Cary, NC is 0.0% higher than the national median of $143,930.
Is Raleigh-Cary, NC a lucrative place for Management Occupationss?
Yes, Raleigh-Cary, NC is a lucrative place for Management Occupations.The average salary of $143,950 is on par with the national average, and the Cost of Living Index of 100 indicates strong purchasing power for these earnings.
Is Raleigh-Cary, NC a good place to live for Management Occupations?
The Cost of Living Index in Raleigh-Cary, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Raleigh-Cary, NC?
Some top paying nearby cities include Durham-Chapel Hill, NC ($153,290) and Rocky Mount, NC.
What is the total number of Management Occupations jobs in Raleigh-Cary, NC?
There are approximately 53,250 individuals employed in Management Occupations within the Raleigh-Cary, NC area, reflecting a significant presence of these roles.
How does Raleigh-Cary's management job market compare to the national average?
Raleigh-Cary's management job market is slightly more concentrated than the national average, with a Location Quotient of 1.03, suggesting a healthy demand for these professionals.
What does a Cost of Living Index of 100 mean for management salaries in Raleigh-Cary?
A Cost of Living Index of 100 means that the cost of living in Raleigh-Cary is exactly the same as the national average, making the $143,950 salary hold its value effectively.
Are there more management jobs per capita in Raleigh-Cary than the national average?
Yes, Raleigh-Cary has 73.593 management jobs per 1,000 workers, which is higher than the national average, indicating a strong presence of these roles relative to the general workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 53,250 employees in the Raleigh-Cary, NC area with a job density of 73.593 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 Raleigh-Cary, NC