Average Management Occupations Salary in Sumter, SC
In Sumter, SC, professionals in Management Occupations can expect an average annual salary of $112,020. This figure is notably below the national average of $143,930, reflecting the specific economic dynamics and industry demands within the Sumter region. Localized market conditions, including industry concentration and the overall economic landscape, play a significant role in shaping compensation levels for management roles.
Executive Summary
- Average Salary: $112,020 per year.
- Growth Trend: Salaries have shifted 17.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $187,520.
- Outlook: The management sector in Sumter, SC, comprises a workforce of 1,690 individuals, with management roles accounting for approximately 47.962 jobs per 1,000 workers. The Location Quotient of 0.67 suggests that management occupations are less concentrated in Sumter compared to the national average. While the absolute number of management professionals is substantial, the lower concentration indicates a potentially less saturated market for specialized management talent, offering opportunities for skilled individuals.
Salary Overview
The average Management Occupations in Sumter, SC earns-22.2%below the national average.
$53.9
$2,154
$9,335
Management Occupations Salary Trends (2020-2024)
While specific historical data for Sumter, SC, is not provided, it is generally assumed that salaries for Management Occupations have seen consistent growth over the past four years, mirroring national trends. Economic expansion, increased demand for skilled leadership, and inflation typically drive upward adjustments in compensation for management roles across most regions. This suggests a positive trajectory for earning potential in this field within Sumter.
Management Occupations Salary Distribution in Sumter, SC
Compensation for Management Occupations in Sumter, SC, naturally escalates with experience and responsibility. Entry-level management positions will command lower salaries, while senior executive roles with extensive experience and strategic oversight will earn significantly more. The percentile gaps in salary distribution highlight clear career progression pathways, where dedicated professionals can anticipate substantial increases in their earning potential as they advance through various management tiers.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $52,940 | $25.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $84,015 | $40.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $96,120 | $46.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $140,025 | $67.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $187,520 | $90.2 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$112,020
Gross Pay
Real Wage (Purchasing Power)
$112,020
Adjusted for COL (100)
The average annual salary of $112,020 in Sumter, SC, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a management professional's salary in Sumter is equivalent to the national standard. While the nominal salary is lower than the national average, the cost of living parity suggests that the take-home pay offers a comparable lifestyle to that experienced in higher-cost metropolitan areas.
Job Market Context
1,690
Total Jobs
47.962
Per 1K Jobs
0.67
Location Quotient
Sumter, SC has 0.67x 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 0.67, management occupations are less prevalent in Sumter, SC, than the national average. This indicates that the market for management professionals is not as saturated locally. While this might suggest fewer overall opportunities compared to national hubs, it also implies less intense competition for available positions, potentially offering a more stable and accessible career path for those with relevant skills and experience in the Sumter area.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Columbia, SC Management Occupations Salary | $120,750↑ 8% | 30 mi |
| Northwestern South Carolina nonmetropolitan area Management Occupations Salary | $111,820↓ 0% | 32 mi |
| Northeastern South Carolina nonmetropolitan area Management Occupations Salary | $106,670↓ 5% | 32 mi |
| Southern South Carolina nonmetropolitan area Management Occupations Salary | $110,910↓ 1% | 32 mi |
| Florence, SC Management Occupations Salary | $118,680↑ 6% | 38 mi |
Comparing salaries near Sumter, SC
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Sumter, SC?
The median annual salary for a Management Occupations in Sumter, SC is $112,020. This typically ranges from $52,940 for entry-level positions to $187,520 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Sumter, SC is 22.2% lower than the national median of $143,930.
Is Sumter, SC a lucrative place for Management Occupationss?
No, not when compared to the national average salary.The average salary of $112,020 is significantly lower than the national average of $143,930. However, the cost of living is also at the national average, meaning the purchasing power is comparable.
Is Sumter, SC a good place to live for Management Occupations?
The Cost of Living Index in Sumter, SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Sumter, SC?
Some top paying nearby cities include Columbia, SC ($120,750) and Northwestern South Carolina nonmetropolitan area.
What is the average salary for Management Occupations in Sumter, SC?
The average annual salary for Management Occupations in Sumter, SC, is $112,020.
How does Sumter's cost of living compare to the national average?
Sumter, SC, has a Cost of Living Index of 100, which is exactly the national average.
Are management jobs highly concentrated in Sumter, SC?
No, the Location Quotient of 0.67 indicates that management occupations are less concentrated in Sumter compared to the national average.
How many management professionals work in Sumter, SC?
There are approximately 1,690 individuals employed in Management Occupations in Sumter, SC.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,690 employees in the Sumter, SC area with a job density of 47.962 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 Sumter, SC