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Average Management Occupations Salary in Southeast Alabama nonmetropolitan area

Management Occupations in the Southeast Alabama nonmetropolitan area command an average annual salary of $104,270. This figure is notably lower than the national average of $143,930, reflecting regional economic factors and industry concentrations specific to this locale. The pay scale is intrinsically tied to the unique economic landscape and demand within this nonmetropolitan region.

Executive Summary

  • Average Salary: $104,270 per year.
  • Growth Trend: Salaries have shifted 11.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $169,330.
  • Outlook: The job market for Management Occupations in Southeast Alabama nonmetropolitan area, with a total workforce of 3,380, presents a mixed outlook. The Location Quotient of 0.57 indicates that management roles are less concentrated here compared to the national average, suggesting a potentially less saturated but also possibly less robust demand for these specialized positions within the local economy.
2024 Market Data

Salary Overview

$104,270

The average Management Occupations in Southeast Alabama nonmetropolitan area earns-27.6%below the national average.

BreakdownBased on 40h/week
Hourly

$50.1

Weekly

$2,005

Monthly

$8,689

Management Occupations Salary Distribution in Southeast Alabama nonmetropolitan area

Salary progression for Management Occupations typically scales significantly with experience. Entry-level positions might start considerably below the average, while senior executives and highly specialized managers can command salaries well above $104,270. The percentile gaps in earnings underscore the substantial career progression and earning potential available to those who advance within this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$46,790$22.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$78,203$37.6
ManagerOversees team, compliance, and project delivery.50% (Median)$92,310$44.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$130,338$62.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$169,330$81.4

Detailed Management Occupations Market Analysis

Relocation Context

Nominal Salary

$104,270

Gross Pay

Real Wage (Purchasing Power)

$104,270

Adjusted for COL (100)

The nominal average salary of $104,270 in Southeast Alabama nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the local management salary is equivalent to the national average, offering a stable financial standing relative to broader economic benchmarks.

Job Market Context

3,380

Total Jobs

40.877

Per 1K Jobs

0.57

Location Quotient

Below Average

Southeast Alabama nonmetropolitan area has 0.57x 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.

With a Location Quotient of 0.57, Management Occupations are less prevalent in the Southeast Alabama nonmetropolitan area than the national average. This suggests that while there are opportunities, the market is not oversaturated, potentially offering a competitive edge for skilled professionals but also indicating a more specialized demand rather than widespread abundance.

Nearby Job Markets

Nearby Cities for Management Occupations

Comparing salaries near Southeast Alabama nonmetropolitan area

Hiring Management Occupationss?

Frequently Asked Questions

How much does a Management Occupations make in Southeast Alabama nonmetropolitan area?

The median annual salary for a Management Occupations in Southeast Alabama nonmetropolitan area is $104,270. This typically ranges from $46,790 for entry-level positions to $169,330 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southeast Alabama nonmetropolitan area is 27.6% lower than the national median of $143,930.

Is Southeast Alabama nonmetropolitan area a lucrative place for Management Occupationss?

No, not compared to the national average.The average salary of $104,270 is significantly lower than the national average of $143,930. However, the cost of living is also at the national average, making the nominal salary's purchasing power equivalent.

Is Southeast Alabama nonmetropolitan area a good place to live for Management Occupations?

The Cost of Living Index in Southeast Alabama nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Southeast Alabama nonmetropolitan area?

Some top paying nearby cities include Montgomery, AL ($112,700) and Birmingham, AL.

How does the number of management jobs per 1,000 workers compare nationally?

With 40.877 jobs per 1,000 workers, the Southeast Alabama nonmetropolitan area has a concentration of management roles that is lower than the national average, as indicated by the Location Quotient of 0.57.

What is the significance of the Location Quotient (LQ) for Management Occupations in this region?

An LQ of 0.57 means that management occupations are less concentrated in Southeast Alabama nonmetropolitan area compared to the rest of the United States. This suggests a more specialized job market rather than a broad abundance of these roles.

Does the cost of living affect the perceived value of the average management salary?

No, the cost of living in Southeast Alabama nonmetropolitan area is exactly at the national average (100). Therefore, the average salary of $104,270 offers purchasing power equivalent to the national average.

How many people work in Management Occupations in this region?

There are approximately 3,380 individuals employed in Management Occupations within the Southeast Alabama 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 3,380 employees in the Southeast Alabama nonmetropolitan area area with a job density of 40.877 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.