Average Management Occupations Salary in Winchester, VA-WV
In Winchester, VA-WV, professionals in Management Occupations can expect an average annual salary of $128,220. This figure is notably below the national average of $143,930, suggesting that local economic factors and industry demand play a significant role in compensation within this region.
Executive Summary
- Average Salary: $128,220 per year.
- Growth Trend: Salaries have shifted 7.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $208,360.
- Outlook: The Winchester, VA-WV area supports a local workforce of 3,390 individuals in Management Occupations. With a Location Quotient of 0.7, management roles are slightly less concentrated than the national average, indicating a stable but not overly saturated job market. The presence of approximately 49.612 jobs per 1,000 workers suggests a consistent demand for managerial talent.
Salary Overview
The average Management Occupations in Winchester, VA-WV earns-10.9%below the national average.
$61.7
$2,466
$10,685
Management Occupations Salary Trends (2020-2024)
While specific historical data for Winchester is not provided, it is reasonable to assume that management occupations in the region have mirrored national trends, experiencing steady salary growth over the past four years. This growth is typically driven by inflation, increased demand for skilled leadership, and evolving business landscapes.
Management Occupations Salary Distribution in Winchester, VA-WV
Salaries for Management Occupations in Winchester, VA-WV, naturally scale with experience. Entry-level management positions will command lower salaries, while senior executives and those with specialized expertise can expect compensation significantly exceeding the average. The percentile gaps between different experience levels highlight clear pathways for career progression and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $57,600 | $27.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $96,165 | $46.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $105,790 | $50.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $160,275 | $77.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $208,360 | $100.2 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$128,220
Gross Pay
Real Wage (Purchasing Power)
$128,220
Adjusted for COL (100)
The average annual salary of $128,220 in Winchester, VA-WV, 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 Winchester is equivalent to the national standard, offering a balanced lifestyle without significant financial strain related to living expenses.
Job Market Context
3,390
Total Jobs
49.612
Per 1K Jobs
0.7
Location Quotient
Winchester, VA-WV has 0.70x 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 0.7 for Management Occupations in Winchester, VA-WV, indicates that this sector is slightly underrepresented compared to the national average. This suggests that while management roles are present and necessary, the market may be less competitive than in areas with higher concentration, potentially offering more opportunities for skilled professionals to establish themselves.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Hagerstown-Martinsburg, MD-WV Management Occupations Salary | $113,130↓ 12% | 40 mi |
| Chambersburg, PA Management Occupations Salary | $112,640↓ 12% | 59 mi |
| Harrisonburg, VA Management Occupations Salary | $119,020↓ 7% | 63 mi |
| Washington-Arlington-Alexandria, DC-VA-MD-WV Management Occupations Salary | $169,510↑ 32% | 64 mi |
| Gettysburg, PA Management Occupations Salary | $107,170↓ 16% | 68 mi |
Comparing salaries near Winchester, VA-WV
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Winchester, VA-WV?
The median annual salary for a Management Occupations in Winchester, VA-WV is $128,220. This typically ranges from $57,600 for entry-level positions to $208,360 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Winchester, VA-WV is 10.9% lower than the national median of $143,930.
Is Winchester, VA-WV a lucrative place for Management Occupationss?
No, not more lucrative than the national average.While the average salary of $128,220 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 Winchester, VA-WV a good place to live for Management Occupations?
The Cost of Living Index in Winchester, VA-WV is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Winchester, VA-WV?
Some top paying nearby cities include Hagerstown-Martinsburg, MD-WV ($113,130) and Chambersburg, PA.
How does Winchester's management salary compare to the national average?
The average annual salary for Management Occupations in Winchester, VA-WV is $128,220, which is lower than the national average of $143,930.
What is the concentration of Management Occupations in Winchester?
Winchester has a Location Quotient of 0.7 for Management Occupations, meaning the concentration of these jobs is slightly below the national average.
Does the cost of living affect the value of a management salary in Winchester?
No, the cost of living in Winchester is exactly at the national average (100), so the $128,220 salary has the same purchasing power as the national average salary.
How many management jobs are there per 1,000 workers in Winchester?
There are approximately 49.612 management jobs per 1,000 workers in Winchester, VA-WV.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,390 employees in the Winchester, VA-WV area with a job density of 49.612 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Management Occupations Salaries by State
Top Jobs in Winchester, VA-WV
- All Occupations Salary in Winchester, VA-WV
- Transportation and Material Moving Occupations Salary in Winchester, VA-WV
- Office and Administrative Support Occupations Salary in Winchester, VA-WV
- Sales and Related Occupations Salary in Winchester, VA-WV
- Food Preparation and Serving Related Occupations Salary in Winchester, VA-WV
- Business and Financial Operations Occupations Salary in Winchester, VA-WV
- Production Occupations Salary in Winchester, VA-WV
- Healthcare Practitioners and Technical Occupations Salary in Winchester, VA-WV
- Educational Instruction and Library Occupations Salary in Winchester, VA-WV
- Management Occupations Salary in Winchester, VA-WV
- Browse All Jobs in Winchester, VA-WV →
Semantic Salary Analysis for Management Occupations • Data source: BLS OEWS 2024 •Jobs in Winchester, VA-WV