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Average Management Occupations Salary in Southern West Virginia nonmetropolitan area

Management Occupations in the Southern West Virginia nonmetropolitan area command an average annual salary of $95,150. This figure is notably below the national average of $143,930, reflecting the unique economic landscape and industry concentration within this specific region. Local factors, such as industry demand and the overall economic structure, play a significant role in shaping compensation levels for management roles here.

Executive Summary

  • Average Salary: $95,150 per year.
  • Growth Trend: Salaries have shifted 22.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $163,520.
  • Outlook: The job market for Management Occupations in Southern West Virginia is supported by a local workforce of 4,060 individuals in these roles. With a jobs-per-1,000-workers ratio of 54.467, management positions are a consistent presence within the regional employment structure. The location quotient of 0.77 suggests a slightly lower concentration of these roles compared to the national average, indicating a stable but not overly saturated market.
2024 Market Data

Salary Overview

$95,150

The average Management Occupations in Southern West Virginia nonmetropolitan area earns-33.9%below the national average.

BreakdownBased on 40h/week
Hourly

$45.7

Weekly

$1,830

Monthly

$7,929

Management Occupations Salary Distribution in Southern West Virginia nonmetropolitan area

Career progression in Management Occupations typically involves a significant salary increase from entry-level to senior positions. While specific percentile data is unavailable, the typical salary range for these roles can span tens of thousands of dollars, with experienced professionals earning substantially more than those starting out. These percentile gaps are crucial indicators of career advancement and the accumulation of valuable leadership experience.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$41,560$20
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$71,363$34.3
ManagerOversees team, compliance, and project delivery.50% (Median)$80,000$38.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$118,938$57.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$163,520$78.6

Detailed Management Occupations Market Analysis

Relocation Context

Nominal Salary

$95,150

Gross Pay

Real Wage (Purchasing Power)

$95,150

Adjusted for COL (100)

The average annual salary of $95,150 in Southern West Virginia's nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, offering a balanced financial standing for residents compared to the rest of the country.

Job Market Context

4,060

Total Jobs

54.467

Per 1K Jobs

0.77

Location Quotient

Below Average

Southern West Virginia nonmetropolitan area has 0.77x 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 0.77, Management Occupations are present in Southern West Virginia's nonmetropolitan area but are less concentrated than the national average. This suggests that while management roles are integral to the local economy, the market is not as heavily specialized or saturated as in other regions, potentially offering unique opportunities for skilled professionals.

Nearby Job Markets

Nearby Cities for Management Occupations

Comparing salaries near Southern West Virginia nonmetropolitan area

Hiring Management Occupationss?

Frequently Asked Questions

How much does a Management Occupations make in Southern West Virginia nonmetropolitan area?

The median annual salary for a Management Occupations in Southern West Virginia nonmetropolitan area is $95,150. This typically ranges from $41,560 for entry-level positions to $163,520 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southern West Virginia nonmetropolitan area is 33.9% lower than the national median of $143,930.

Is Southern West Virginia nonmetropolitan area a lucrative place for Management Occupationss?

No, it is not as lucrative as the national average.The average salary of $95,150 is significantly lower than the national average of $143,930, although the cost of living is on par with the national average.

Is Southern West Virginia nonmetropolitan area a good place to live for Management Occupations?

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

Where are the highest paying cities near Southern West Virginia nonmetropolitan area?

Some top paying nearby cities include Richmond, VA ($144,020) and Staunton-Stuarts Draft, VA.

What is the average salary for Management Occupations in Southern West Virginia nonmetropolitan area?

The average annual salary for Management Occupations in this region is $95,150.

How does the Cost of Living in Southern West Virginia nonmetropolitan area compare nationally?

The Cost of Living Index for this area is 100, which is exactly the national average.

How concentrated are Management Occupations jobs in this region compared to the nation?

The location quotient of 0.77 indicates that Management Occupations are slightly less concentrated in this region than the national average.

What is the total number of Management Occupations workers in this area?

There are approximately 4,060 individuals employed in Management Occupations within the Southern West Virginia 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 4,060 employees in the Southern West Virginia nonmetropolitan area area with a job density of 54.467 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.