Average Management Occupations Salary in Wyoming
Management Occupations in Wyoming command an average annual salary of $109,030, which is notably below the national average of $143,930. This differential is often influenced by the state's unique economic landscape and the specific demand for managerial talent within its industries.
Executive Summary
- Average Salary: $109,030 per year.
- Growth Trend: Salaries have shifted 10.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $175,460.
- Outlook: With a total local workforce of 15,760 individuals in Management Occupations, Wyoming presents a substantial, albeit not overwhelmingly concentrated, pool of managerial talent. The location quotient of 0.8 suggests that while management roles are present, they are slightly less concentrated than the national average, indicating a stable but not hyper-competitive market.
Salary Overview
The average Management Occupations in Wyoming earns-24.2%below the national average.
$52.4
$2,097
$9,086
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Management Occupations in Wyoming have mirrored national trends, experiencing steady growth over the past four years. Economic development and evolving business needs within the state likely contribute to an upward trajectory in compensation for experienced managers.
Management Occupations Salary Distribution in Wyoming
Salary progression for Management Occupations in Wyoming typically scales significantly with experience. Entry-level positions might start considerably lower than the average, while senior executives and highly specialized managers can command salaries well above the $109,030 mark. The percentile gaps between different experience levels highlight clear opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,430 | $22.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $81,773 | $39.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $97,470 | $46.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $136,288 | $65.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $175,460 | $84.4 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$109,030
Gross Pay
Real Wage (Purchasing Power)
$117,489
Adjusted for COL (92.8)
The average annual salary of $109,030 in Wyoming, when juxtaposed with a Cost of Living Index of 92.8 (meaning it's 7.2% cheaper than the national average), suggests that the purchasing power of this salary is relatively strong locally. While the nominal pay is lower than the national average, the reduced cost of living can make the effective income more competitive for residents.
Job Market Context
15,760
Total Jobs
56.575
Per 1K Jobs
0.8
Location Quotient
Wyoming 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 Wyoming indicates that these roles are present in the state at a slightly lower concentration compared to the national average. This suggests a market that is neither oversaturated nor critically undersupplied, offering a balanced environment for both job seekers and employers seeking managerial expertise.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Casper, WY Management Occupations Salary | $109,690↑ 1% | 50 mi |
Comparing salaries near Wyoming
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Frequently Asked Questions
How much does a Management Occupations make in Wyoming?
The median annual salary for a Management Occupations in Wyoming is $109,030. This typically ranges from $47,430 for entry-level positions to $175,460 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Wyoming is 24.2% lower than the national median of $143,930.
Is Wyoming a lucrative place for Management Occupationss?
No, not when compared to the national average salary.While the average salary of $109,030 is substantial, it falls short of the national average of $143,930. However, the lower cost of living in Wyoming does offer some compensation for this difference.
Is Wyoming a good place to live for Management Occupations?
With a Cost of Living Index of 92.8 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Wyoming?
Some top paying nearby cities include Casper, WY ($109,690) and others.
How does the Wyoming management salary compare to the national average?
The average annual salary for Management Occupations in Wyoming is $109,030, which is approximately $34,900 less than the national average of $143,930.
What is the concentration of Management Occupations in Wyoming?
Wyoming has a Location Quotient of 0.8 for Management Occupations, indicating that these roles are slightly less concentrated in the state compared to the national average.
How does the cost of living affect the Wyoming management salary?
With a Cost of Living Index of 92.8, Wyoming is cheaper than the national average. This means the $109,030 salary likely has greater purchasing power locally than a similar salary in a high-cost state.
What does the number of jobs per 1,000 workers suggest for management roles in Wyoming?
Wyoming has 56.575 jobs per 1,000 workers in Management Occupations, suggesting a steady presence of these roles within the state's 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 15,760 employees in the Wyoming area with a job density of 56.575 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 Wyoming