Average Management Occupations Salary in Winston-Salem, NC
In Winston-Salem, NC, professionals in Management Occupations can expect an average annual salary of $125,730. 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 metropolitan area. The cost of living in Winston-Salem aligns perfectly with the national average, making salary comparisons straightforward.
Executive Summary
- Average Salary: $125,730 per year.
- Growth Trend: Salaries have shifted 3.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $210,880.
- Outlook: With a local workforce of 15,020 individuals in Management Occupations and a concentration (Location Quotient) of 0.77, Winston-Salem presents a market that is slightly less concentrated than the national average. While not a primary hub, the presence of nearly 55 management jobs per 1,000 workers indicates a steady demand for leadership roles within the local economy.
Salary Overview
The average Management Occupations in Winston-Salem, NC earns-12.6%below the national average.
$60.5
$2,418
$10,478
Management Occupations Salary Trends (2020-2024)
While specific historical data for Winston-Salem's management sector isn't provided, it's reasonable to assume a general trend of salary growth mirroring national patterns over the past four years. Economic recovery and evolving business needs typically drive an upward trajectory in compensation for management roles, reflecting increased responsibilities and the demand for skilled leadership.
Management Occupations Salary Distribution in Winston-Salem, NC
Salary progression for Management Occupations in Winston-Salem, as elsewhere, is strongly tied to experience. Entry-level positions will command lower salaries, while senior and executive roles, requiring extensive expertise and proven leadership, will see significantly higher compensation. The percentile gaps between these levels highlight the substantial career growth and earning potential available to dedicated professionals.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $56,180 | $27 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $94,298 | $45.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $106,100 | $51 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $157,163 | $75.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $210,880 | $101.4 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$125,730
Gross Pay
Real Wage (Purchasing Power)
$125,730
Adjusted for COL (100)
The average annual salary of $125,730 in Winston-Salem, NC, is directly comparable to the national average, as the local Cost of Living Index is also precisely 100. This means that the purchasing power of a management professional's salary in Winston-Salem is equivalent to that of their counterpart in a typical U.S. city, offering a stable financial environment.
Job Market Context
15,020
Total Jobs
54.933
Per 1K Jobs
0.77
Location Quotient
Winston-Salem, NC has 0.77x 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 0.77 for Management Occupations in Winston-Salem 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 not be saturated, potentially offering opportunities for skilled professionals to establish themselves without facing intense competition from a disproportionately large pool of candidates.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Greensboro-High Point, NC Management Occupations Salary | $126,490↑ 1% | 23 mi |
| Eastern North Carolina nonmetropolitan area Management Occupations Salary | $105,440↓ 16% | 41 mi |
| Western North Carolina nonmetropolitan area Management Occupations Salary | $102,240↓ 19% | 41 mi |
| Central North Carolina nonmetropolitan area Management Occupations Salary | $106,950↓ 15% | 41 mi |
| Burlington, NC Management Occupations Salary | $116,390↓ 7% | 43 mi |
Comparing salaries near Winston-Salem, NC
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Winston-Salem, NC?
The median annual salary for a Management Occupations in Winston-Salem, NC is $125,730. This typically ranges from $56,180 for entry-level positions to $210,880 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Winston-Salem, NC is 12.6% lower than the national median of $143,930.
Is Winston-Salem, NC a lucrative place for Management Occupationss?
No, but it offers stable purchasing power.While the average salary of $125,730 is below the national average, the cost of living in Winston-Salem is also at the national average. This balance means your earnings hold their value locally, providing financial stability.
Is Winston-Salem, NC a good place to live for Management Occupations?
The Cost of Living Index in Winston-Salem, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Winston-Salem, NC?
Some top paying nearby cities include Greensboro-High Point, NC ($126,490) and Eastern North Carolina nonmetropolitan area.
How does Winston-Salem's management salary compare to the national average?
The average annual salary for Management Occupations in Winston-Salem is $125,730, which is lower than the national average of $143,930.
What is the cost of living in Winston-Salem, NC?
Winston-Salem's Cost of Living Index is 100, which is exactly the national average, indicating that the general cost of goods and services is comparable to the rest of the country.
How concentrated are management jobs in Winston-Salem compared to the nation?
With a Location Quotient of 0.77, management jobs are slightly less concentrated in Winston-Salem than the national average, suggesting a moderately competitive market.
What does the number of jobs per 1,000 workers signify for management roles in Winston-Salem?
Having 54.933 management jobs per 1,000 workers indicates a consistent presence and demand for management professionals within the local workforce structure.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 15,020 employees in the Winston-Salem, NC area with a job density of 54.933 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 Winston-Salem, NC