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Average Management Occupations Salary in Southwest Iowa nonmetropolitan area

Management Occupations in the Southwest Iowa nonmetropolitan area command an average annual salary of $98,730. This figure is notably below the national average of $143,930, reflecting the unique economic landscape and potentially lower demand for high-level management roles compared to more urbanized or industrialized regions. The specific economic drivers and industry mix of Southwest Iowa likely contribute to this salary differential.

Executive Summary

  • Average Salary: $98,730 per year.
  • Growth Trend: Salaries have shifted 19.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $162,950.
  • Outlook: With a local workforce of 4,380 individuals in Management Occupations, the job market in Southwest Iowa presents a stable, albeit not rapidly expanding, environment. The location quotient of 0.84 suggests that management roles are slightly less concentrated here than the national average, indicating a moderate level of demand that aligns with the region's overall economic scale. This suggests a steady, consistent need for management professionals rather than explosive growth.
2024 Market Data

Salary Overview

$98,730

The average Management Occupations in Southwest Iowa nonmetropolitan area earns-31.4%below the national average.

BreakdownBased on 40h/week
Hourly

$47.5

Weekly

$1,899

Monthly

$8,228

Management Occupations Salary Distribution in Southwest Iowa nonmetropolitan area

Within the Management Occupations field in Southwest Iowa, salary progression is typically tied to experience and responsibility. Entry-level management positions will naturally command lower salaries, while senior-level roles, requiring extensive experience and strategic oversight, will see significantly higher compensation. The percentile gaps in salary distribution within this region would clearly signify the career advancement opportunities available, from junior management to executive leadership.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$42,700$20.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$74,048$35.6
ManagerOversees team, compliance, and project delivery.50% (Median)$85,560$41.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$123,413$59.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$162,950$78.3

Detailed Management Occupations Market Analysis

Relocation Context

Nominal Salary

$98,730

Gross Pay

Real Wage (Purchasing Power)

$98,730

Adjusted for COL (100)

The average annual salary of $98,730 in Southwest Iowa aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary earned by management professionals in this region holds its purchasing power comparably to the national average. While the salary is lower than the national average for the occupation, the equivalent cost of living suggests that the take-home pay offers a similar standard of living in terms of essential expenses.

Job Market Context

4,380

Total Jobs

59.598

Per 1K Jobs

0.84

Location Quotient

Below Average

Southwest Iowa nonmetropolitan area has 0.84x 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 0.84 for Management Occupations in Southwest Iowa indicates that this sector is slightly underrepresented compared to the national average. This suggests that while management roles exist and are filled, the market is not saturated, and there may be opportunities for skilled professionals. It implies a balanced job market where demand is present but not overwhelmingly competitive, offering a stable environment for career development.

Nearby Job Markets

Nearby Cities for Management Occupations

Comparing salaries near Southwest Iowa nonmetropolitan area

Hiring Management Occupationss?

Frequently Asked Questions

How much does a Management Occupations make in Southwest Iowa nonmetropolitan area?

The median annual salary for a Management Occupations in Southwest Iowa nonmetropolitan area is $98,730. This typically ranges from $42,700 for entry-level positions to $162,950 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southwest Iowa nonmetropolitan area is 31.4% lower than the national median of $143,930.

Is Southwest Iowa nonmetropolitan area a lucrative place for Management Occupationss?

No, it is not considered highly lucrative compared to national averages.The average salary of $98,730 is significantly lower than the national average of $143,930, although the cost of living is on par with the national average.

Is Southwest Iowa nonmetropolitan area a good place to live for Management Occupations?

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

Where are the highest paying cities near Southwest Iowa nonmetropolitan area?

Some top paying nearby cities include Ames, IA ($114,640) and Des Moines-West Des Moines, IA.

How does the local salary compare to the national average for Management Occupations?

The average annual salary for Management Occupations in Southwest Iowa is $98,730, which is considerably lower than the national average of $143,930.

What is the concentration of Management Occupations in Southwest Iowa?

The concentration, measured by the location quotient, is 0.84, indicating that Management Occupations are slightly less prevalent in Southwest Iowa compared to the national average.

How does the Cost of Living in Southwest Iowa affect the salary?

The Cost of Living Index is 100, which is the national average. This means the $98,730 salary has a purchasing power equivalent to the national average, despite being lower than the national salary for the role.

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

There are approximately 4,380 individuals employed in Management Occupations within the Southwest Iowa 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 4,380 employees in the Southwest Iowa nonmetropolitan area area with a job density of 59.598 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.