Average Management Occupations Salary in Southwest Virginia nonmetropolitan area
Management Occupations in the Southwest Virginia nonmetropolitan area command an average annual salary of $112,260. This figure is notably below the national average of $143,930, reflecting regional economic factors and industry concentrations. The specific economic landscape and demand for specialized management roles within this nonmetropolitan region contribute to this pay differential.
Executive Summary
- Average Salary: $112,260 per year.
- Growth Trend: Salaries have shifted 20.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $189,770.
- Outlook: With a local workforce of 4,930 individuals in Management Occupations, the presence of this sector is significant, albeit less concentrated than the national average with a Location Quotient of 0.59. The number of jobs per 1,000 workers stands at 41.893, indicating a steady, though not overwhelmingly robust, demand for management professionals within the region.
Salary Overview
The average Management Occupations in Southwest Virginia nonmetropolitan area earns-22.0%below the national average.
$54
$2,159
$9,355
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Management Occupations in Southwest Virginia nonmetropolitan areas have experienced growth over the past four years, mirroring national trends. Economic development and evolving business needs typically drive an upward trajectory in compensation for experienced professionals.
Management Occupations Salary Distribution in Southwest Virginia nonmetropolitan area
Salary progression for Management Occupations is strongly tied to experience and demonstrated leadership capabilities. Entry-level positions typically start at the lower end of the pay scale, while senior management roles, requiring extensive experience and strategic oversight, command significantly higher compensation. The percentile gaps in salary distribution highlight clear pathways for career advancement and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $50,820 | $24.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $84,195 | $40.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $96,860 | $46.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $140,325 | $67.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $189,770 | $91.2 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$112,260
Gross Pay
Real Wage (Purchasing Power)
$112,260
Adjusted for COL (100)
The nominal average salary of $112,260 in Southwest Virginia nonmetropolitan areas aligns perfectly with the national average Cost of Living Index of 100. This means that while the gross salary is lower than the national average, the purchasing power of that salary locally is equivalent to the national average, offering a stable financial environment for residents.
Job Market Context
4,930
Total Jobs
41.893
Per 1K Jobs
0.59
Location Quotient
Southwest Virginia nonmetropolitan area has 0.59x 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.
The Location Quotient of 0.59 for Management Occupations in Southwest Virginia nonmetropolitan area suggests that this sector is less concentrated than the national average. This indicates a potentially less competitive market for management talent compared to national hubs, which could present opportunities for skilled professionals seeking roles in a region with a lower density of similar positions.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Richmond, VA Management Occupations Salary | $144,020↑ 28% | 41 mi |
| Staunton-Stuarts Draft, VA Management Occupations Salary | $117,330↑ 5% | 56 mi |
| Harrisonburg, VA Management Occupations Salary | $119,020↑ 6% | 60 mi |
| Lynchburg, VA Management Occupations Salary | $125,240↑ 12% | 61 mi |
Comparing salaries near Southwest Virginia nonmetropolitan area
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Southwest Virginia nonmetropolitan area?
The median annual salary for a Management Occupations in Southwest Virginia nonmetropolitan area is $112,260. This typically ranges from $50,820 for entry-level positions to $189,770 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southwest Virginia nonmetropolitan area is 22.0% lower than the national median of $143,930.
Is Southwest Virginia nonmetropolitan area a lucrative place for Management Occupationss?
No, it is not as lucrative as the national average.The average salary of $112,260 is significantly lower than the national average of $143,930. However, the cost of living is at the national average, making the salary's purchasing power comparable locally.
Is Southwest Virginia nonmetropolitan area a good place to live for Management Occupations?
The Cost of Living Index in Southwest Virginia nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southwest Virginia nonmetropolitan area?
Some top paying nearby cities include Richmond, VA ($144,020) and Staunton-Stuarts Draft, VA.
How does the local salary compare to the national average?
The average annual salary for Management Occupations in Southwest Virginia nonmetropolitan area is $112,260, which is below the national average of $143,930.
What is the Cost of Living in Southwest Virginia nonmetropolitan area?
The Cost of Living Index in Southwest Virginia nonmetropolitan area is 100, which is exactly the national average.
How concentrated are Management Occupations jobs in this region?
Management Occupations are less concentrated in this region, with a Location Quotient of 0.59, indicating fewer jobs per capita compared to the national average.
What is the total number of Management Occupations workers in the area?
There are 4,930 individuals employed in Management Occupations within the Southwest 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 4,930 employees in the Southwest Virginia nonmetropolitan area area with a job density of 41.893 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 Southwest Virginia nonmetropolitan area