Average Management Occupations Salary in Springfield, MA
In Springfield, MA, professionals in Management Occupations can expect an average annual salary of $134,680. This figure is slightly below the national average of $143,930, suggesting a localized compensation structure influenced by regional economic factors and industry demand within the state. The cost of living in Springfield aligns perfectly with the national average, making this salary highly comparable in real terms.
Executive Summary
- Average Salary: $134,680 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $224,710.
- Outlook: Springfield, MA hosts a substantial workforce of 13,110 individuals in Management Occupations. With a Location Quotient of 0.93, the concentration of these roles is nearly on par with the national average, indicating a stable and established market. The presence of 65.971 jobs per 1,000 workers further underscores a consistent demand for management talent within the local economy.
Salary Overview
The average Management Occupations in Springfield, MA earns-6.4%below the national average.
$64.8
$2,590
$11,223
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that management occupations in Springfield, MA, have experienced salary growth over the past four years, mirroring national trends. Economic expansion, inflation, and evolving industry needs typically drive an upward trajectory in compensation for these vital roles, ensuring that management professionals see their earning potential increase over time.
Management Occupations Salary Distribution in Springfield, MA
Compensation for Management Occupations in Springfield, MA, naturally scales with experience. Entry-level positions will command lower salaries, while senior executives with extensive track records and specialized skills can expect significantly higher remuneration. The percentile gaps between different experience levels are indicative of clear career progression pathways and the increasing value placed on seasoned leadership within the local job market.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $60,960 | $29.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $101,010 | $48.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $111,720 | $53.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $168,350 | $80.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $224,710 | $108 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$134,680
Gross Pay
Real Wage (Purchasing Power)
$134,680
Adjusted for COL (100)
The average annual salary of $134,680 in Springfield, MA, is precisely aligned with the national average cost of living index of 100. This means that the purchasing power of a management professional's income in Springfield is equivalent to that of their national counterpart, offering a stable financial foundation without the immediate pressure of higher or lower living expenses.
Job Market Context
13,110
Total Jobs
65.971
Per 1K Jobs
0.93
Location Quotient
Springfield, MA has 0.93x 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 0.93 for Management Occupations in Springfield, MA, suggests a job market that is closely aligned with the national distribution of these roles. While not significantly over-represented, this figure indicates a healthy and competitive environment where management talent is consistently sought after, without being overly saturated, providing a balanced landscape for both employers and job seekers.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Amherst Town-Northampton, MA Management Occupations Salary | $124,930↓ 7% | 18 mi |
| Hartford-West Hartford-East Hartford, CT Management Occupations Salary | $155,730↑ 16% | 25 mi |
| Connecticut nonmetropolitan area Management Occupations Salary | $129,950↓ 4% | 37 mi |
| Worcester, MA Management Occupations Salary | $143,450↑ 7% | 39 mi |
| Pittsfield, MA Management Occupations Salary | $128,240↓ 5% | 44 mi |
Comparing salaries near Springfield, MA
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Springfield, MA?
The median annual salary for a Management Occupations in Springfield, MA is $134,680. This typically ranges from $60,960 for entry-level positions to $224,710 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Springfield, MA is 6.4% lower than the national median of $143,930.
Is Springfield, MA a lucrative place for Management Occupationss?
Yes, Springfield, MA offers a competitive compensation landscape for Management Occupations.The average salary of $134,680 is substantial, and with a cost of living index matching the national average, the real value of this income is strong. The stable job market further supports its lucrativeness.
Is Springfield, MA a good place to live for Management Occupations?
The Cost of Living Index in Springfield, MA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Springfield, MA?
Some top paying nearby cities include Amherst Town-Northampton, MA ($124,930) and Hartford-West Hartford-East Hartford, CT.
How does Springfield's management salary compare to the national average?
The average salary for Management Occupations in Springfield, MA is $134,680, which is slightly lower than the national average of $143,930.
What is the cost of living in Springfield, MA for management professionals?
Springfield, MA has a cost of living index of 100, which is exactly the national average, meaning expenses are comparable to the rest of the country.
Is there high demand for management roles in Springfield, MA?
With 65.971 jobs per 1,000 workers and a Location Quotient of 0.93, the demand for management roles in Springfield is robust and closely mirrors national trends.
How does the total workforce size impact the management job market in Springfield?
A total local workforce of 13,110 in Management Occupations indicates a significant presence and a mature market, suggesting stable opportunities and a solid base of industry professionals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 13,110 employees in the Springfield, MA area with a job density of 65.971 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 Springfield, MA