Average Management Occupations Salary in Roanoke, VA
In Roanoke, VA, professionals in Management Occupations can expect an average annual salary of $124,640. This figure is notably below the national average of $143,930, suggesting that local economic factors, industry concentration, or demand dynamics may influence compensation levels in this region compared to the broader U.S. market.
Executive Summary
- Average Salary: $124,640 per year.
- Growth Trend: Salaries have shifted 11.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $206,740.
- Outlook: Roanoke's management sector comprises a local workforce of 7,240 individuals, with management roles accounting for approximately 47.6 jobs per 1,000 workers. The location quotient of 0.67 indicates that management occupations are less concentrated in Roanoke than the national average, suggesting a potentially less saturated but perhaps less specialized local market for these roles.
Salary Overview
The average Management Occupations in Roanoke, VA earns-13.4%below the national average.
$59.9
$2,397
$10,387
Management Occupations Salary Trends (2020-2024)
While specific historical data for Roanoke is not provided, it is generally assumed that management occupations nationwide have experienced steady salary growth over the past four years, driven by economic expansion and increasing demand for skilled leadership. This trend likely extends to Roanoke, albeit potentially at a different pace influenced by regional economic performance and industry-specific growth.
Management Occupations Salary Distribution in Roanoke, VA
Salary progression within Management Occupations in Roanoke, as elsewhere, is typically tied to experience and responsibility. Entry-level management positions will command lower salaries, while senior executive roles, with their greater strategic impact and oversight, can significantly increase earning potential. The widening gap between entry-level and senior salaries reflects the steep learning curve and accumulated expertise required for advanced leadership positions.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $56,650 | $27.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $93,480 | $44.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $103,670 | $49.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $155,800 | $74.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $206,740 | $99.4 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$124,640
Gross Pay
Real Wage (Purchasing Power)
$124,640
Adjusted for COL (100)
With an average annual salary of $124,640 and a Cost of Living Index precisely at the national average of 100, the nominal income in Roanoke for management roles offers a purchasing power that aligns with the typical American standard. This means that while the salary is below the national average, the cost of essential goods and services is also average, suggesting a balanced financial standing for residents.
Job Market Context
7,240
Total Jobs
47.599
Per 1K Jobs
0.67
Location Quotient
Roanoke, VA 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.
The location quotient of 0.67 for Management Occupations in Roanoke signifies that these roles are less prevalent locally compared to the national average. This suggests that while there is a stable presence of management positions, the market is not as saturated as in other regions, potentially offering opportunities for skilled professionals but also indicating a potentially smaller pool of specialized management roles.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Blacksburg-Christiansburg-Radford, VA Management Occupations Salary | $128,440↑ 3% | 26 mi |
| Lynchburg, VA Management Occupations Salary | $125,240↑ 0% | 43 mi |
| Beckley, WV Management Occupations Salary | $97,830↓ 22% | 76 mi |
| Staunton-Stuarts Draft, VA Management Occupations Salary | $117,330↓ 6% | 78 mi |
| Greensboro-High Point, NC Management Occupations Salary | $126,490↑ 1% | 82 mi |
Comparing salaries near Roanoke, VA
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Roanoke, VA?
The median annual salary for a Management Occupations in Roanoke, VA is $124,640. This typically ranges from $56,650 for entry-level positions to $206,740 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Roanoke, VA is 13.4% lower than the national median of $143,930.
Is Roanoke, VA a lucrative place for Management Occupationss?
No, not exceptionally lucrative compared to the national average.The average salary of $124,640 is below the national average, although the cost of living is on par with the national average. This indicates that while expenses are standard, the earning potential for management roles is somewhat diminished in Roanoke.
Is Roanoke, VA a good place to live for Management Occupations?
The Cost of Living Index in Roanoke, VA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Roanoke, VA?
Some top paying nearby cities include Blacksburg-Christiansburg-Radford, VA ($128,440) and Lynchburg, VA.
How does Roanoke's management salary compare to the national average?
The average annual salary for Management Occupations in Roanoke, VA is $124,640, which is approximately 13.4% lower than the national average of $143,930.
What is the concentration of management jobs in Roanoke?
Roanoke has a location quotient of 0.67 for Management Occupations, meaning these jobs are less concentrated in the area compared to the national average.
How does the cost of living in Roanoke affect the salary?
Roanoke's Cost of Living Index is 100, which is the national average. Therefore, the $124,640 salary provides purchasing power equivalent to the national average, despite being lower than the national salary average.
What does the number of jobs per 1,000 workers indicate for management roles in Roanoke?
With 47.599 jobs per 1,000 workers, management occupations are present in Roanoke, but their prevalence is lower than the national average, reflecting the location quotient.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 7,240 employees in the Roanoke, VA area with a job density of 47.599 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 Roanoke, VA