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Average Managers, All Other Salary in Central Kentucky nonmetropolitan area

In the Central Kentucky nonmetropolitan area, Managers, All Other earn an average annual salary of $102,940. This figure significantly trails the national average of $155,520, reflecting the distinct economic landscape and potentially lower demand for this specific managerial role outside major metropolitan hubs. The localized pay structure is a direct consequence of regional economic factors and industry concentrations.

Executive Summary

  • Average Salary: $102,940 per year.
  • Growth Trend: Salaries have shifted 27.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $164,100.
  • Outlook: The job market for Managers, All Other in Central Kentucky's nonmetropolitan area appears relatively niche, with a total local workforce of 290 individuals in this category. The low Location Quotient of 0.42 further suggests that this role is less concentrated here compared to the national average, indicating a smaller but potentially stable demand within the existing local economy.
2024 Market Data

Salary Overview

$102,940

The average Managers, All Other in Central Kentucky nonmetropolitan area earns-33.8%below the national average.

BreakdownBased on 40h/week
Hourly

$49.5

Weekly

$1,980

Monthly

$8,578

Managers, All Other Salary Distribution in Central Kentucky nonmetropolitan area

Salary progression for Managers, All Other typically scales significantly with experience. Entry-level positions often start at lower percentiles, while seasoned professionals with extensive leadership experience and a proven track record can command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies clear career progression pathways and increased earning potential as expertise and responsibility grow.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$54,430$26.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$77,205$37.1
ManagerOversees team, compliance, and project delivery.50% (Median)$94,070$45.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$128,675$61.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$164,100$78.9

Detailed Managers, All Other Market Analysis

Relocation Context

Nominal Salary

$102,940

Gross Pay

Real Wage (Purchasing Power)

$102,940

Adjusted for COL (100)

The nominal average annual salary of $102,940 in Central Kentucky's nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that while the salary is lower than the national average, the purchasing power of that income is equivalent to the national standard, making the effective financial standing comparable.

Job Market Context

290

Total Jobs

1.701

Per 1K Jobs

0.42

Location Quotient

Low Concentration

At 0.42x, Central Kentucky nonmetropolitan area has a notably lower concentration of Managers, All Other jobs than the national average. Opportunities in this area are relatively scarce for this profession.

With a Location Quotient of 0.42, the market for Managers, All Other in Central Kentucky's nonmetropolitan area is less concentrated than the national average. This suggests that while the role exists, it is not a dominant industry sector, potentially leading to fewer opportunities but also less intense competition for qualified candidates compared to more saturated markets.

Nearby Job Markets

Nearby Cities for Managers, All Other

Comparing salaries near Central Kentucky nonmetropolitan area

Hiring Managers, All Others?

Frequently Asked Questions

How much does a Managers, All Other make in Central Kentucky nonmetropolitan area?

The median annual salary for a Managers, All Other in Central Kentucky nonmetropolitan area is $102,940. This typically ranges from $54,430 for entry-level positions to $164,100 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Central Kentucky nonmetropolitan area is 33.8% lower than the national median of $155,520.

Is Central Kentucky nonmetropolitan area a lucrative place for Managers, All Others?

No, not compared to the national average.The average salary of $102,940 is significantly lower than the national average of $155,520. However, the cost of living is also at the national average, making the effective purchasing power comparable.

Is Central Kentucky nonmetropolitan area a good place to live for Managers, All Others?

The Cost of Living Index in Central Kentucky nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Central Kentucky nonmetropolitan area?

Some top paying nearby cities include Lexington-Fayette, KY ($131,920) and Elizabethtown, KY.

How does the local workforce size affect opportunities for Managers, All Other?

A local workforce of 290 for this role indicates a relatively small and specialized market, suggesting fewer overall positions but potentially a more focused demand within specific local industries.

What does a Location Quotient of 0.42 mean for this job?

A Location Quotient below 1.0, like 0.42, signifies that Managers, All Other are less prevalent in Central Kentucky's nonmetropolitan area compared to the national average, indicating a lower concentration of these roles.

How does the Cost of Living Index of 100 impact the salary?

An index of 100 means the cost of living is exactly average nationally. Therefore, the $102,940 salary, while lower in nominal terms, offers purchasing power equivalent to the national average.

Are there many jobs per 1,000 workers for this role in Central Kentucky?

With 1.701 jobs per 1,000 workers, the availability is moderate, reflecting the overall size of the local economy and the specific demand for Managers, All Other within it.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Central Kentucky nonmetropolitan area area with a job density of 1.701 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.