Average Management Occupations Salary in Rhode Island
In Rhode Island, professionals in Management Occupations command an average annual salary of $138,780. This figure is slightly below the national average of $143,930, reflecting a nuanced interplay of local economic factors and industry demand within the state. While not reaching the national benchmark, Rhode Island's management roles offer a substantial income, influenced by the specific business landscape and operational needs prevalent in the region.
Executive Summary
- Average Salary: $138,780 per year.
- Growth Trend: Salaries have shifted 2.6% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $225,940.
- Outlook: Rhode Island's management sector is supported by a local workforce of 28,320 individuals in these roles, indicating a significant presence. The Location Quotient of 0.81 suggests that management occupations are slightly less concentrated in Rhode Island compared to the national average, implying a stable but not overly saturated job market. With 57.354 jobs per 1,000 workers, the demand for management talent remains consistent, providing a solid foundation for career opportunities.
Salary Overview
The average Management Occupations in Rhode Island earns-3.6%below the national average.
$66.7
$2,669
$11,565
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that management occupations in Rhode Island have experienced salary growth over the past four years, mirroring national trends. Economic expansion, evolving business strategies, and the increasing complexity of organizational leadership typically drive upward pressure on compensation for experienced managers. This general upward trajectory suggests a positive outlook for earning potential within this field in the state.
Management Occupations Salary Distribution in Rhode Island
The salary spectrum for Management Occupations in Rhode Island widens considerably with experience. Entry-level positions typically start at lower percentiles, while senior leadership roles command significantly higher compensation, often reaching into the top 75th percentile and beyond. This progression highlights a clear career ladder, where accumulated expertise, strategic decision-making capabilities, and proven leadership success are directly rewarded with increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $64,390 | $31 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $104,085 | $50 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $122,840 | $59.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $173,475 | $83.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $225,940 | $108.6 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$138,780
Gross Pay
Real Wage (Purchasing Power)
$123,911
Adjusted for COL (112)
Rhode Island's average management salary of $138,780 needs to be considered within its Cost of Living Index of 112. This index indicates that living expenses in the state are 12% higher than the national average. Consequently, while the nominal salary is robust, the purchasing power of $138,780 in Rhode Island is somewhat diminished compared to areas with a lower cost of living, requiring careful financial planning for residents.
Job Market Context
28,320
Total Jobs
57.354
Per 1K Jobs
0.81
Location Quotient
Rhode Island has 0.81x 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.
The Location Quotient of 0.81 for Management Occupations in Rhode Island suggests that these roles are slightly underrepresented relative to the national average. This indicates a potentially less competitive market for management talent compared to other states, which could translate into more opportunities for skilled professionals. While not a major hub for management concentration, the state still maintains a steady demand, offering a balanced environment for career advancement.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Providence-Warwick, RI-MA Management Occupations Salary | $135,610↓ 2% | 11 mi |
| Norwich-New London-Willimantic, CT Management Occupations Salary | $140,860↑ 1% | 31 mi |
| Massachusetts nonmetropolitan area Management Occupations Salary | $126,380↓ 9% | 38 mi |
| Worcester, MA Management Occupations Salary | $143,450↑ 3% | 43 mi |
| Boston-Cambridge-Newton, MA-NH Management Occupations Salary | $175,200↑ 26% | 49 mi |
Comparing salaries near Rhode Island
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Rhode Island?
The median annual salary for a Management Occupations in Rhode Island is $138,780. This typically ranges from $64,390 for entry-level positions to $225,940 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Rhode Island is 3.6% lower than the national median of $143,930.
Is Rhode Island a lucrative place for Management Occupationss?
Yes, with caveats.Rhode Island offers a strong average salary of $138,780 for management roles, though it falls slightly below the national average. However, the higher cost of living means the real value of this salary requires careful consideration.
Is Rhode Island a good place to live for Management Occupations?
The Cost of Living Index in Rhode Island is 112. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Rhode Island?
Some top paying nearby cities include Providence-Warwick, RI-MA ($135,610) and Norwich-New London-Willimantic, CT.
How does Rhode Island's management salary compare to the national average?
The average annual salary for Management Occupations in Rhode Island is $138,780, which is approximately $5,150 less than the national average of $143,930.
What is the concentration of management jobs in Rhode Island?
Rhode Island has a Location Quotient of 0.81 for management occupations, indicating that these jobs are slightly less concentrated than the national average.
How many management jobs are there per 1,000 workers in Rhode Island?
There are approximately 57.354 management jobs per 1,000 workers in Rhode Island.
Is the cost of living high in Rhode Island for managers?
Yes, Rhode Island has a Cost of Living Index of 112, meaning it is 12% more expensive to live there than the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 28,320 employees in the Rhode Island area with a job density of 57.354 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 Rhode Island