Average Management Occupations Salary in Southern Indiana nonmetropolitan area
Management Occupations in Southern Indiana's nonmetropolitan areas earn an average annual salary of $108,180. This figure is notably below the national average of $143,930, reflecting regional economic factors and industry concentration. The specific economic landscape and demand within this part of Indiana directly influence compensation levels for managerial roles.
Executive Summary
- Average Salary: $108,180 per year.
- Growth Trend: Salaries have shifted 20.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $173,780.
- Outlook: With a total local workforce of 8,400 individuals in Management Occupations, the job market in Southern Indiana's nonmetropolitan areas presents a moderate presence. The Location Quotient of 0.6 indicates that this sector is less concentrated here compared to the national average, suggesting a potentially less saturated but also less specialized market for management talent.
Salary Overview
The average Management Occupations in Southern Indiana nonmetropolitan area earns-24.8%below the national average.
$52
$2,080
$9,015
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Management Occupations across the United States, including nonmetropolitan areas like Southern Indiana, have experienced steady growth over the past four years. This trend is typically driven by inflation, increased demand for skilled leadership, and evolving business needs, leading to incremental salary increases for experienced professionals.
Management Occupations Salary Distribution in Southern Indiana nonmetropolitan area
Salary progression for Management Occupations in Southern Indiana nonmetropolitan areas typically scales significantly with experience. Entry-level management positions may start considerably lower than the average, while senior leadership roles can command salaries well above $108,180. The percentile gaps between these levels signify clear career progression pathways and the increasing value placed on seasoned managerial expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $50,660 | $24.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $81,135 | $39 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $96,130 | $46.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $135,225 | $65 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $173,780 | $83.5 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$108,180
Gross Pay
Real Wage (Purchasing Power)
$108,180
Adjusted for COL (100)
The average annual salary of $108,180 in Southern Indiana's nonmetropolitan areas aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of this salary is equivalent to the national average, offering a stable financial standing for residents without the premium often associated with higher cost-of-living regions.
Job Market Context
8,400
Total Jobs
42.747
Per 1K Jobs
0.6
Location Quotient
Southern Indiana nonmetropolitan area has 0.60x 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 0.6 for Management Occupations in Southern Indiana's nonmetropolitan areas suggests that the job market is less concentrated than the national average. This implies that while there may be fewer management roles relative to the overall workforce compared to national benchmarks, it could also mean less competition for available positions, offering unique opportunities for skilled managers.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Indianapolis-Carmel-Greenwood, IN Management Occupations Salary | $131,330↑ 21% | 8 mi |
| Kokomo, IN Management Occupations Salary | $112,210↑ 4% | 43 mi |
| Columbus, IN Management Occupations Salary | $131,350↑ 21% | 48 mi |
| Bloomington, IN Management Occupations Salary | $130,650↑ 21% | 49 mi |
| Lafayette-West Lafayette, IN Management Occupations Salary | $124,960↑ 16% | 50 mi |
Comparing salaries near Southern Indiana nonmetropolitan area
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Southern Indiana nonmetropolitan area?
The median annual salary for a Management Occupations in Southern Indiana nonmetropolitan area is $108,180. This typically ranges from $50,660 for entry-level positions to $173,780 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southern Indiana nonmetropolitan area is 24.8% lower than the national median of $143,930.
Is Southern Indiana nonmetropolitan area a lucrative place for Management Occupations?
No, not when compared to national averages.While the average salary of $108,180 is substantial, it falls significantly short of the national average of $143,930. However, the cost of living being at the national average means the salary's purchasing power is equivalent.
Is Southern Indiana nonmetropolitan area a good place to live for Management Occupations?
The Cost of Living Index in Southern Indiana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southern Indiana nonmetropolitan area?
Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($131,330) and Kokomo, IN.
How does the local workforce size affect management job prospects?
The local workforce of 8,400 in Management Occupations indicates a stable, though not dominant, presence. This size suggests consistent opportunities but perhaps fewer high-level executive roles compared to larger metropolitan areas.
What does a Location Quotient of 0.6 mean for management roles?
A Location Quotient of 0.6 means management occupations are less concentrated in Southern Indiana's nonmetropolitan areas than the national average. This could imply fewer specialized roles but potentially less competition for general management positions.
How does the cost of living impact the $108,180 salary?
With a Cost of Living Index of 100, the $108,180 salary offers purchasing power equivalent to the national average. This means your earnings will stretch as far locally as they would nationally, making it a balanced financial proposition.
Are there many management jobs per 1,000 workers in this region?
With 42.747 jobs per 1,000 workers, there is a solid representation of management roles within the local economy, indicating a consistent demand for leadership across various industries in Southern Indiana's nonmetropolitan areas.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 8,400 employees in the Southern Indiana nonmetropolitan area area with a job density of 42.747 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 Southern Indiana nonmetropolitan area