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Average Managers, All Other Salary in Durham-Chapel Hill, NC

In Durham-Chapel Hill, NC, Managers, All Other, command an impressive average annual salary of $153,000. This figure is slightly below the national average of $155,520, but the local economic landscape and specific industry demands in the Research Triangle Park region often justify competitive compensation for these vital roles.

Executive Summary

  • Average Salary: $153,000 per year.
  • Growth Trend: Salaries have shifted 8.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $224,490.
  • Outlook: The Durham-Chapel Hill area demonstrates a robust job market for Managers, All Other, with a total local workforce of 2,370 in this category. The Location Quotient of 1.69 indicates a significantly higher concentration of these roles compared to the national average, suggesting strong local demand and a potentially thriving sector for management professionals.
2024 Market Data

Salary Overview

$153,000

The average Managers, All Other in Durham-Chapel Hill, NC earns-1.6%below the national average.

BreakdownBased on 40h/week
Hourly

$73.6

Weekly

$2,942

Monthly

$12,750

Managers, All Other Salary Distribution in Durham-Chapel Hill, NC

Salary progression for Managers, All Other, typically scales significantly with experience. Entry-level positions might start considerably lower, while senior or executive-level roles can command salaries well above the average. The percentile gaps between different experience levels highlight the substantial career growth and earning potential available within this management classification.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$80,290$38.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$114,750$55.2
ManagerOversees team, compliance, and project delivery.50% (Median)$139,110$66.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$191,250$91.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$224,490$107.9

Detailed Managers, All Other Market Analysis

Relocation Context

Nominal Salary

$153,000

Gross Pay

Real Wage (Purchasing Power)

$153,000

Adjusted for COL (100)

The nominal average salary of $153,000 in Durham-Chapel Hill aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a manager's salary in this area is equivalent to the national average, offering a stable financial environment without significant cost-of-living pressures.

Job Market Context

2,370

Total Jobs

6.924

Per 1K Jobs

1.69

Location Quotient

Major Hub

Durham-Chapel Hill, NC has 1.7x the national concentration of Managers, All Other jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

With a Location Quotient of 1.69, the Durham-Chapel Hill market is notably more concentrated with Managers, All Other, than the national average. This suggests a competitive yet abundant job market where specialized management talent is in high demand, potentially offering ample opportunities for skilled professionals.

Nearby Job Markets

Nearby Cities for Managers, All Other

Comparing salaries near Durham-Chapel Hill, NC

Hiring Managers, All Others?

Frequently Asked Questions

How much does a Managers, All Other make in Durham-Chapel Hill, NC?

The median annual salary for a Managers, All Other in Durham-Chapel Hill, NC is $153,000. This typically ranges from $80,290 for entry-level positions to $224,490 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Durham-Chapel Hill, NC is 1.6% lower than the national median of $155,520.

Is Durham-Chapel Hill, NC a lucrative place for Managers, All Other?

Yes, it offers competitive compensation.Managers, All Other, earn an average of $153,000, which is strong given the national average cost of living. The high concentration of these roles indicates a robust local demand.

Is Durham-Chapel Hill, NC a good place to live for Managers, All Others?

The Cost of Living Index in Durham-Chapel Hill, NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Durham-Chapel Hill, NC?

Some top paying nearby cities include Raleigh-Cary, NC ($145,150) and Burlington, NC.

How does the local salary compare to the national average?

The average salary for Managers, All Other, in Durham-Chapel Hill is $153,000, which is slightly lower than the national average of $155,520.

What is the concentration of Managers, All Other, in Durham-Chapel Hill?

The Location Quotient of 1.69 indicates that Durham-Chapel Hill has a significantly higher concentration of Managers, All Other, compared to the national average.

How does the cost of living affect the salary in Durham-Chapel Hill?

With a Cost of Living Index of 100, the salary of $153,000 holds its purchasing power effectively, matching the national average.

What does the job market look like for these managers locally?

The local job market is robust, with 2,370 managers in this category and a high concentration suggesting strong demand and opportunities.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,370 employees in the Durham-Chapel Hill, NC area with a job density of 6.924 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.