Average Management Occupations Salary in Watertown-Fort Drum, NY
In Watertown-Fort Drum, NY, professionals in Management Occupations can expect an average annual salary of $112,960. This figure is notably below the national average of $143,930, suggesting that local economic factors and industry concentration play a significant role in compensation within this region.
Executive Summary
- Average Salary: $112,960 per year.
- Growth Trend: Salaries have shifted 16.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $181,890.
- Outlook: The management sector in Watertown-Fort Drum, NY, comprises a workforce of 1,830 individuals. With a location quotient of 0.66, management roles are less concentrated here than the national average, indicating a potentially less saturated but perhaps more specialized local market for these positions.
Salary Overview
The average Management Occupations in Watertown-Fort Drum, NY earns-21.5%below the national average.
$54.3
$2,172
$9,413
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that management occupations across the United States have experienced steady salary growth over the past four years, driven by inflation, increased demand for leadership, and evolving business needs. This trend likely extends to Watertown-Fort Drum, NY, though local economic conditions may influence the rate of increase.
Management Occupations Salary Distribution in Watertown-Fort Drum, NY
Salary progression in management roles typically sees a significant increase with experience. Entry-level positions might start considerably lower than the average, while senior executives and seasoned managers can command salaries well above $112,960. The percentile gaps in earnings within this field signify clear career advancement opportunities and the value placed on accumulated expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $51,640 | $24.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $84,720 | $40.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $98,550 | $47.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $141,200 | $67.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $181,890 | $87.4 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$112,960
Gross Pay
Real Wage (Purchasing Power)
$112,960
Adjusted for COL (100)
The average annual salary of $112,960 in Watertown-Fort Drum, NY, aligns perfectly with the national average cost of living, as indicated by the Cost of Living Index of 100. This means that, on average, the purchasing power of a management professional's salary in this area is equivalent to the national standard.
Job Market Context
1,830
Total Jobs
46.801
Per 1K Jobs
0.66
Location Quotient
Watertown-Fort Drum, NY has 0.66x 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 0.66 for Management Occupations in Watertown-Fort Drum, NY, suggests that this sector is less prevalent locally compared to the national landscape. This could imply fewer job opportunities or a more niche demand for management expertise within the region, making it less competitive in terms of sheer volume of roles.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Syracuse, NY Management Occupations Salary | $137,340↑ 22% | 66 mi |
| Utica-Rome, NY Management Occupations Salary | $126,640↑ 12% | 70 mi |
Comparing salaries near Watertown-Fort Drum, NY
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Watertown-Fort Drum, NY?
The median annual salary for a Management Occupations in Watertown-Fort Drum, NY is $112,960. This typically ranges from $51,640 for entry-level positions to $181,890 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Watertown-Fort Drum, NY is 21.5% lower than the national median of $143,930.
Is Watertown-Fort Drum, NY a lucrative place for Management Occupationss?
No, it is not exceptionally lucrative compared to national averages.The average salary of $112,960 is significantly lower than the national average of $143,930, although the cost of living is on par with the national average.
Is Watertown-Fort Drum, NY a good place to live for Management Occupations?
The Cost of Living Index in Watertown-Fort Drum, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Watertown-Fort Drum, NY?
Some top paying nearby cities include Syracuse, NY ($137,340) and Utica-Rome, NY.
How does the local workforce size affect management jobs in Watertown-Fort Drum, NY?
The local workforce of 1,830 for management occupations indicates a moderate presence. While not a massive hub, it represents a stable base of employment opportunities within the region.
What does a Location Quotient of 0.66 mean for management roles?
A Location Quotient of 0.66 signifies that management occupations are less concentrated in Watertown-Fort Drum, NY, than the national average. This suggests fewer available positions relative to other industries or the national trend.
How does the Cost of Living Index of 100 impact the Watertown-Fort Drum, NY salary?
An index of 100 means the cost of living is exactly average nationally. Therefore, the $112,960 salary in Watertown-Fort Drum, NY, offers purchasing power equivalent to the national average, despite being below the national average salary.
Are there many management jobs per 1,000 workers in Watertown-Fort Drum, NY?
With 46.801 jobs per 1,000 workers, management occupations represent a noticeable segment of the local employment landscape, though not disproportionately high compared to national averages.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,830 employees in the Watertown-Fort Drum, NY area with a job density of 46.801 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 Watertown-Fort Drum, NY