Average Management Occupations Salary in Virginia Beach-Chesapeake-Norfolk, VA-NC
In the Virginia Beach-Chesapeake-Norfolk, VA-NC metropolitan area, Management Occupations professionals earn an average annual salary of $130,010. This figure is notably below the national average of $143,930, suggesting that local market dynamics, such as industry concentration and demand, play a significant role in compensation levels within this region.
Executive Summary
- Average Salary: $130,010 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $212,820.
- Outlook: The Virginia Beach-Chesapeake-Norfolk area supports a substantial workforce of 38,180 individuals in Management Occupations. With a Location Quotient of 0.71, the concentration of these roles is slightly below the national average, indicating a moderately developed but not oversaturated market. The presence of approximately 50.58 management jobs per 1,000 workers points to a consistent demand for leadership and strategic planning within the local economy.
Salary Overview
The average Management Occupations in Virginia Beach-Chesapeake-Norfolk, VA-NC earns-9.7%below the national average.
$62.5
$2,500
$10,834
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Management Occupations salaries in the Virginia Beach-Chesapeake-Norfolk region have experienced growth over the past four years, mirroring national trends. Economic expansion, evolving business needs, and inflation typically drive upward adjustments in compensation for experienced professionals in leadership roles.
Management Occupations Salary Distribution in Virginia Beach-Chesapeake-Norfolk, VA-NC
Salary progression for Management Occupations is strongly tied to experience and demonstrated leadership capabilities. Entry-level positions typically command salaries at the lower end of the spectrum, while senior management roles, requiring extensive experience and a proven track record, can significantly exceed the average. The widening gap between entry-level and senior-level salaries reflects the increasing value and responsibility associated with advanced positions.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $57,390 | $27.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $97,508 | $46.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $115,340 | $55.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $162,513 | $78.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $212,820 | $102.3 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$130,010
Gross Pay
Real Wage (Purchasing Power)
$130,010
Adjusted for COL (100)
The nominal average salary of $130,010 in Virginia Beach-Chesapeake-Norfolk aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a management professional's salary in this region is comparable to the national standard, offering a stable financial environment without significant cost-of-living advantages or disadvantages.
Job Market Context
38,180
Total Jobs
50.575
Per 1K Jobs
0.71
Location Quotient
Virginia Beach-Chesapeake-Norfolk, VA-NC has 0.71x 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 0.71 for Management Occupations in Virginia Beach-Chesapeake-Norfolk indicates that this sector is slightly less concentrated than the national average. This suggests that while management roles are present and necessary, the market may not be as intensely competitive or saturated as in some other major metropolitan areas, potentially offering opportunities for skilled professionals.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Richmond, VA Management Occupations Salary | $144,020↑ 11% | 96 mi |
Comparing salaries near Virginia Beach-Chesapeake-Norfolk, VA-NC
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Frequently Asked Questions
How much does a Management Occupations make in Virginia Beach-Chesapeake-Norfolk, VA-NC?
The median annual salary for a Management Occupations in Virginia Beach-Chesapeake-Norfolk, VA-NC is $130,010. This typically ranges from $57,390 for entry-level positions to $212,820 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Virginia Beach-Chesapeake-Norfolk, VA-NC is 9.7% lower than the national median of $143,930.
Is Virginia Beach-Chesapeake-Norfolk, VA-NC a lucrative place for Management Occupationss?
No, not exceptionally lucrative compared to the national average.While the average salary of $130,010 is substantial, it falls below the national average of $143,930. However, the cost of living is also at the national average, making the salary's purchasing power comparable.
Is Virginia Beach-Chesapeake-Norfolk, VA-NC a good place to live for Management Occupations?
The Cost of Living Index in Virginia Beach-Chesapeake-Norfolk, VA-NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Virginia Beach-Chesapeake-Norfolk, VA-NC?
Some top paying nearby cities include Richmond, VA ($144,020) and others.
How does the Virginia Beach-Chesapeake-Norfolk salary compare to the national average?
The average annual salary for Management Occupations in Virginia Beach-Chesapeake-Norfolk is $130,010, which is lower than the national average of $143,930.
What is the Cost of Living in Virginia Beach-Chesapeake-Norfolk?
The Cost of Living Index for Virginia Beach-Chesapeake-Norfolk is 100, which is exactly the national average, meaning it is neither more nor less expensive to live there than the typical U.S. location.
How many Management Occupations jobs are there per 1,000 workers in this area?
There are approximately 50.58 Management Occupations jobs per 1,000 workers in the Virginia Beach-Chesapeake-Norfolk metropolitan area.
Is the job market for Management Occupations saturated in Virginia Beach-Chesapeake-Norfolk?
With a Location Quotient of 0.71, the market is slightly less concentrated than the national average, suggesting it is not oversaturated and may offer good opportunities for qualified candidates.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 38,180 employees in the Virginia Beach-Chesapeake-Norfolk, VA-NC area with a job density of 50.575 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 Virginia Beach-Chesapeake-Norfolk, VA-NC