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Average Management Occupations Salary in Upper Peninsula of Michigan nonmetropolitan area

In the Upper Peninsula of Michigan's nonmetropolitan area, Management Occupations professionals earn an average annual salary of $102,640. This figure is notably below the national average of $143,930, reflecting the unique economic landscape and potentially lower demand for these specialized roles outside of major urban centers. The specific economic drivers and industry concentrations within this region shape the compensation structure for management positions.

Executive Summary

  • Average Salary: $102,640 per year.
  • Growth Trend: Salaries have shifted 17.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $167,690.
  • Outlook: The Upper Peninsula of Michigan's nonmetropolitan area supports a local workforce of 6,350 individuals in Management Occupations. With a Location Quotient of 0.8, the concentration of these roles is slightly below the national average, suggesting a stable but not rapidly expanding market. The presence of approximately 57.115 jobs per 1,000 workers indicates a consistent, albeit moderate, demand for management talent within this region.
2024 Market Data

Salary Overview

$102,640

The average Management Occupations in Upper Peninsula of Michigan nonmetropolitan area earns-28.7%below the national average.

BreakdownBased on 40h/week
Hourly

$49.4

Weekly

$1,974

Monthly

$8,553

Management Occupations Salary Distribution in Upper Peninsula of Michigan nonmetropolitan area

Within the Management Occupations field, salary progression is strongly tied to experience and demonstrated leadership capabilities. Entry-level management roles will command lower salaries, while senior executives with extensive experience and a proven track record of success can expect significantly higher compensation. The percentile gaps in earnings clearly signify the career trajectory and the increasing value placed on seasoned management expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$47,630$22.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$76,980$37
ManagerOversees team, compliance, and project delivery.50% (Median)$90,150$43.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$128,300$61.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$167,690$80.6

Detailed Management Occupations Market Analysis

Relocation Context

Nominal Salary

$102,640

Gross Pay

Real Wage (Purchasing Power)

$102,640

Adjusted for COL (100)

The average annual salary of $102,640 in the Upper Peninsula of Michigan's nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income is equivalent to the national standard, making the effective financial standing comparable.

Job Market Context

6,350

Total Jobs

57.115

Per 1K Jobs

0.8

Location Quotient

Below Average

Upper Peninsula of Michigan nonmetropolitan area has 0.80x 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 0.8 for Management Occupations in the Upper Peninsula of Michigan's nonmetropolitan area indicates that the concentration of these jobs is 20% lower than the national average. This suggests that the job market for management roles is less saturated compared to national trends, potentially offering a more specialized or niche opportunity for professionals, but also implying a less robust overall demand.

Nearby Job Markets

Nearby Cities for Management Occupations

Comparing salaries near Upper Peninsula of Michigan nonmetropolitan area

Hiring Management Occupationss?

Frequently Asked Questions

How much does a Management Occupations make in Upper Peninsula of Michigan nonmetropolitan area?

The median annual salary for a Management Occupations in Upper Peninsula of Michigan nonmetropolitan area is $102,640. This typically ranges from $47,630 for entry-level positions to $167,690 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Upper Peninsula of Michigan nonmetropolitan area is 28.7% lower than the national median of $143,930.

Is Upper Peninsula of Michigan nonmetropolitan area a lucrative place for Management Occupationss?

No, not when compared to national averages.While the average salary of $102,640 is substantial, it falls significantly short of the national average of $143,930, indicating less lucrative opportunities in this specific region.

Is Upper Peninsula of Michigan nonmetropolitan area a good place to live for Management Occupations?

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

Where are the highest paying cities near Upper Peninsula of Michigan nonmetropolitan area?

Some top paying nearby cities include Midland, MI ($150,540) and Saginaw, MI.

How does the Upper Peninsula's cost of living compare nationally?

The cost of living in the Upper Peninsula of Michigan's nonmetropolitan area is exactly at the national average, with a Cost of Living Index of 100.

What is the concentration of Management Occupations jobs in this area?

The concentration, measured by the Location Quotient, is 0.8, meaning there are fewer Management Occupations jobs relative to the national average.

How many Management Occupations jobs are there per 1,000 workers?

There are approximately 57.115 Management Occupations jobs for every 1,000 workers in the Upper Peninsula of Michigan's nonmetropolitan area.

Is the job market for managers competitive in this region?

With a Location Quotient below 1.0, the market is less concentrated than the national average, suggesting it may be less competitive but also potentially offers fewer opportunities.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,350 employees in the Upper Peninsula of Michigan nonmetropolitan area area with a job density of 57.115 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.