Average Management Occupations Salary in Salisbury, MD
In Salisbury, MD, Management Occupations professionals earn an average annual salary of $116,960. 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.
Executive Summary
- Average Salary: $116,960 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $192,170.
- Outlook: With a local workforce of 3,850 individuals in Management Occupations and a Location Quotient of 1.01, Salisbury, MD, exhibits a job market concentration that is very close to the national average. This indicates a stable and established demand for management professionals, suggesting a robust employment landscape for those in these roles.
Salary Overview
The average Management Occupations in Salisbury, MD earns-18.7%below the national average.
$56.2
$2,249
$9,747
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Management Occupations in Salisbury, MD, have experienced growth over the past four years, mirroring broader economic trends and inflation. This suggests a positive trajectory for earning potential in this field within the region.
Management Occupations Salary Distribution in Salisbury, MD
The salary spectrum for Management Occupations in Salisbury, MD, naturally widens with experience. Entry-level positions typically command lower salaries, while senior and executive roles see significant increases. The percentile gaps between these levels are indicative of substantial career progression opportunities and the associated reward for accumulated expertise and leadership.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $51,620 | $24.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $87,720 | $42.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $101,210 | $48.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $146,200 | $70.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $192,170 | $92.4 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$116,960
Gross Pay
Real Wage (Purchasing Power)
$116,960
Adjusted for COL (100)
The average annual salary of $116,960 in Salisbury, MD, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a management professional's income in Salisbury is equivalent to the national average, offering a balanced financial environment for residents.
Job Market Context
3,850
Total Jobs
71.789
Per 1K Jobs
1.01
Location Quotient
With a location quotient of 1.01, Salisbury, MD has a slightly higher-than-average concentration of Management Occupations roles compared to the national norm.
A Location Quotient of 1.01 for Management Occupations in Salisbury, MD, signifies that the concentration of these jobs in the area is almost identical to the national average. This suggests a competitive yet stable job market, where opportunities are readily available but not necessarily in oversupply, indicating a healthy balance for job seekers.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Lexington Park, MD Management Occupations Salary | $132,670↑ 13% | 47 mi |
| Dover, DE Management Occupations Salary | $125,720↑ 7% | 54 mi |
| Sussex Delaware nonmetropolitan area Management Occupations Salary | $133,420↑ 14% | 65 mi |
| Maryland nonmetropolitan area Management Occupations Salary | $111,910↓ 4% | 81 mi |
| Vineland, NJ Management Occupations Salary | $135,150↑ 16% | 82 mi |
Comparing salaries near Salisbury, MD
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Salisbury, MD?
The median annual salary for a Management Occupations in Salisbury, MD is $116,960. This typically ranges from $51,620 for entry-level positions to $192,170 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Salisbury, MD is 18.7% lower than the national median of $143,930.
Is Salisbury, MD a lucrative place for Management Occupationss?
No, not exceptionally lucrative compared to the national average.While the average salary of $116,960 is substantial, it falls below the national average of $143,930. However, the cost of living is also at the national average, making the salary's purchasing power comparable.
Is Salisbury, MD a good place to live for Management Occupations?
The Cost of Living Index in Salisbury, MD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Salisbury, MD?
Some top paying nearby cities include Lexington Park, MD ($132,670) and Dover, DE.
How does the number of management jobs per 1,000 workers compare nationally?
With 71.789 jobs per 1,000 workers, Salisbury, MD, shows a slightly higher concentration of management roles than the national average, indicating a solid presence of these positions within the local economy.
What is the significance of the Location Quotient for Management Occupations in Salisbury, MD?
A Location Quotient of 1.01 means that Management Occupations are employed in Salisbury at a rate very similar to the national average. This suggests the industry is well-established and integrated into the local economic structure.
How does the cost of living in Salisbury, MD, affect the salary for management roles?
With a Cost of Living Index of 100, Salisbury, MD, matches the national average. This means the $116,960 salary offers a purchasing power equivalent to the national median, providing a stable financial standing for management professionals.
What is the total workforce size for Management Occupations in Salisbury, MD?
The total local workforce for Management Occupations in Salisbury, MD, is 3,850 individuals. This provides a good indication of the overall size and potential opportunities within this sector in the area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,850 employees in the Salisbury, MD area with a job density of 71.789 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 Salisbury, MD