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Average Management Occupations Salary in Rochester, MN

Management Occupations in Rochester, MN, command an average annual salary of $129,320. This figure is slightly below the national average of $143,930, reflecting a localized market dynamic. While not reaching the national benchmark, this salary is influenced by the specific economic landscape and industry demands within Rochester.

Executive Summary

  • Average Salary: $129,320 per year.
  • Growth Trend: Salaries have shifted 23.8% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $206,960.
  • Outlook: With a local workforce of 6,220 individuals in Management Occupations, Rochester, MN, presents a stable, albeit not exceptionally concentrated, job market. The Location Quotient of 0.72 suggests that management roles are present but not disproportionately abundant compared to the national average, indicating a steady demand rather than rapid expansion.
2024 Market Data

Salary Overview

$129,320

The average Management Occupations in Rochester, MN earns-10.2%below the national average.

BreakdownBased on 40h/week
Hourly

$62.2

Weekly

$2,487

Monthly

$10,777

Management Occupations Salary Distribution in Rochester, MN

Career progression in Management Occupations significantly impacts earning potential. Entry-level positions might start at a lower percentile, while seasoned senior managers can command salaries well into the higher percentiles. The discernible gaps between salary percentiles in Rochester highlight clear opportunities for career advancement and increased compensation.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$57,140$27.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$96,990$46.6
ManagerOversees team, compliance, and project delivery.50% (Median)$122,600$58.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$161,650$77.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$206,960$99.5

Detailed Management Occupations Market Analysis

Relocation Context

Nominal Salary

$129,320

Gross Pay

Real Wage (Purchasing Power)

$129,320

Adjusted for COL (100)

The average annual salary of $129,320 in Rochester, MN, aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of a management professional's salary in Rochester is equivalent to the national average, offering a stable financial standing without the pressure of higher living expenses.

Job Market Context

6,220

Total Jobs

51.119

Per 1K Jobs

0.72

Location Quotient

Below Average

Rochester, MN has 0.72x 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 0.72 for Management Occupations in Rochester, MN, indicates a slightly lower concentration of these roles compared to the national average. This suggests that while management positions are available and integral to the local economy, the market is not oversaturated, potentially offering a competitive environment for skilled professionals.

Nearby Job Markets

Nearby Cities for Management Occupations

CitySalaryDist.
La Crosse-Onalaska, WI-MN Management Occupations Salary$123,670↓ 4%64 mi
Eau Claire, WI Management Occupations Salary$128,110↓ 1%74 mi
Mankato, MN Management Occupations Salary$115,220↓ 11%75 mi
Minneapolis-St. Paul-Bloomington, MN-WI Management Occupations Salary$145,610↑ 13%77 mi

Comparing salaries near Rochester, MN

Hiring Management Occupationss?

Frequently Asked Questions

How much does a Management Occupations make in Rochester, MN?

The median annual salary for a Management Occupations in Rochester, MN is $129,320. This typically ranges from $57,140 for entry-level positions to $206,960 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Rochester, MN is 10.2% lower than the national median of $143,930.

Is Rochester, MN a lucrative place for Management Occupationss?

Yes, Rochester, MN offers a lucrative environment for Management Occupations.The average salary of $129,320, combined with a national average cost of living, provides strong earning potential. While the salary is slightly below the national average, the stable job market and cost of living balance this out.

Is Rochester, MN a good place to live for Management Occupations?

The Cost of Living Index in Rochester, MN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Rochester, MN?

Some top paying nearby cities include La Crosse-Onalaska, WI-MN ($123,670) and Eau Claire, WI.

How does the Rochester, MN salary compare to the national average?

The average salary for Management Occupations in Rochester, MN is $129,320, which is below the national average of $143,930.

What is the cost of living in Rochester, MN?

Rochester, MN has a Cost of Living Index of 100, which is exactly at the national average.

How concentrated are Management Occupations in Rochester, MN?

Management Occupations have a Location Quotient of 0.72 in Rochester, MN, indicating they are less concentrated than the national average.

How many Management Occupations jobs are there per 1,000 workers in Rochester, MN?

There are approximately 51.119 Management Occupations jobs per 1,000 workers in Rochester, MN.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,220 employees in the Rochester, MN area with a job density of 51.119 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Management Occupations • Data source: BLS OEWS 2024 •Jobs in Rochester, MN