Average Management Occupations Salary in South Central Kentucky nonmetropolitan area
Management Occupations in the South Central Kentucky nonmetropolitan area command an average annual salary of $92,310. This figure is notably below the national average of $143,930, reflecting regional economic factors and industry concentration. The specific pay scales in this area are influenced by local demand, the cost of doing business, and the overall economic landscape of nonmetropolitan Kentucky.
Executive Summary
- Average Salary: $92,310 per year.
- Growth Trend: Salaries have shifted 8.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $160,020.
- Outlook: With a local workforce of 8,890 individuals in Management Occupations, the job market in South Central Kentucky presents a moderate presence. The Location Quotient of 0.73 indicates that this sector is less concentrated here than the national average, suggesting a potentially less saturated but also less specialized market for management roles. The density of 51.741 jobs per 1,000 workers provides a baseline for understanding the availability of these positions within the region.
Salary Overview
The average Management Occupations in South Central Kentucky nonmetropolitan area earns-35.9%below the national average.
$44.4
$1,775
$7,693
Management Occupations Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is generally assumed that salaries for Management Occupations have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increased demand for skilled management professionals, and the evolving complexity of business operations across various sectors.
Management Occupations Salary Distribution in South Central Kentucky nonmetropolitan area
Salary progression for Management Occupations typically scales significantly with experience. Entry-level positions may start at a lower percentile, while senior management roles, with their increased responsibilities and strategic oversight, command salaries in the higher percentiles. The widening gap between entry-level and senior salaries underscores the substantial career advancement opportunities available to dedicated professionals in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,590 | $18.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $69,233 | $33.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $79,620 | $38.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $115,388 | $55.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $160,020 | $76.9 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$92,310
Gross Pay
Real Wage (Purchasing Power)
$92,310
Adjusted for COL (100)
The average annual salary of $92,310 in South Central Kentucky aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of a management professional's salary in this region is equivalent to the national average. While the nominal salary is lower than the national average, the cost of living parity suggests that the take-home pay offers a comparable standard of living to many other areas.
Job Market Context
8,890
Total Jobs
51.741
Per 1K Jobs
0.73
Location Quotient
South Central Kentucky nonmetropolitan area has 0.73x 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 0.73 for Management Occupations in South Central Kentucky signifies that the concentration of these jobs is below the national average. This suggests that while management roles are present, the market may be less competitive than in more densely populated or industrially specialized regions. Companies seeking management talent might find a more accessible pool, but the overall demand might also be proportionally lower compared to national benchmarks.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Lexington-Fayette, KY Management Occupations Salary | $112,110↑ 21% | 28 mi |
| Elizabethtown, KY Management Occupations Salary | $99,690↑ 8% | 66 mi |
| Louisville/Jefferson County, KY-IN Management Occupations Salary | $118,700↑ 29% | 72 mi |
| Cincinnati, OH-KY-IN Management Occupations Salary | $127,900↑ 39% | 100 mi |
Comparing salaries near South Central Kentucky nonmetropolitan area
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in South Central Kentucky nonmetropolitan area?
The median annual salary for a Management Occupations in South Central Kentucky nonmetropolitan area is $92,310. This typically ranges from $37,590 for entry-level positions to $160,020 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in South Central Kentucky nonmetropolitan area is 35.9% lower than the national median of $143,930.
Is South Central Kentucky nonmetropolitan area a lucrative place for Management Occupationss?
No, not compared to the national average.The average salary of $92,310 is significantly lower than the national average of $143,930, although the cost of living is on par with the national average.
Is South Central Kentucky nonmetropolitan area a good place to live for Management Occupations?
The Cost of Living Index in South Central Kentucky nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near South Central Kentucky nonmetropolitan area?
Some top paying nearby cities include Lexington-Fayette, KY ($112,110) and Elizabethtown, KY.
How does the salary compare to the national average?
The average annual salary for Management Occupations in South Central Kentucky is $92,310, which is considerably lower than the national average of $143,930.
What is the Cost of Living in South Central Kentucky?
The Cost of Living Index in South Central Kentucky is 100, which is exactly the national average, indicating that the general cost of goods and services is comparable to the rest of the country.
How concentrated are Management Occupations jobs in this area?
The Location Quotient of 0.73 suggests that Management Occupations are less concentrated in South Central Kentucky compared to the national average.
What is the total number of Management Occupations workers in the area?
There are 8,890 individuals employed in Management Occupations within the South Central Kentucky nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 8,890 employees in the South Central Kentucky nonmetropolitan area area with a job density of 51.741 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 South Central Kentucky nonmetropolitan area