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Average Managers, All Other Salary in Hickory-Lenoir-Morganton, NC

Managers, All Other in Hickory-Lenoir-Morganton, NC, earn an average annual salary of $118,260. This figure is notably below the national average of $155,520, suggesting that local market dynamics, industry concentrations, and potentially the cost of doing business in the region influence compensation levels for this role.

Executive Summary

  • Average Salary: $118,260 per year.
  • Growth Trend: Salaries have shifted 15.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $176,430.
  • Outlook: With a local workforce of 350 individuals in this category, the Hickory-Lenoir-Morganton area presents a moderately sized employment pool for Managers, All Other. The Location Quotient of 0.54 indicates a lower concentration of these roles compared to the national average, suggesting that while opportunities exist, the demand may not be as robust as in more heavily concentrated metropolitan areas.
2024 Market Data

Salary Overview

$118,260

The average Managers, All Other in Hickory-Lenoir-Morganton, NC earns-24.0%below the national average.

BreakdownBased on 40h/week
Hourly

$56.9

Weekly

$2,274

Monthly

$9,855

Managers, All Other Salary Distribution in Hickory-Lenoir-Morganton, NC

Salary progression for Managers, All Other typically scales significantly with experience. Entry-level positions might start at a lower percentile, while senior roles with extensive leadership responsibilities and a proven track record command higher salaries, often reaching into the upper percentiles. The gaps between these salary percentiles signify clear career advancement pathways and the increasing value placed on seasoned management expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$58,840$28.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$88,695$42.6
ManagerOversees team, compliance, and project delivery.50% (Median)$101,610$48.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$147,825$71.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$176,430$84.8

Detailed Managers, All Other Market Analysis

Relocation Context

Nominal Salary

$118,260

Gross Pay

Real Wage (Purchasing Power)

$118,260

Adjusted for COL (100)

The average annual salary of $118,260 in Hickory-Lenoir-Morganton aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of this salary is equivalent to the national average, indicating that while the nominal pay is lower than the national average for the role, the cost of essential goods and services locally does not present a disadvantage.

Job Market Context

350

Total Jobs

2.228

Per 1K Jobs

0.54

Location Quotient

Below Average

Hickory-Lenoir-Morganton, NC has 0.54x the national average concentration of Managers, All Other 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 0.54 for Managers, All Other in Hickory-Lenoir-Morganton signifies that this role is less concentrated in the local job market compared to the national average. This suggests that while the area supports these positions, the market is not saturated, potentially offering a more stable environment for those already employed in these roles, but perhaps indicating fewer new opportunities arising compared to areas with a higher concentration.

Nearby Job Markets

Nearby Cities for Managers, All Other

Comparing salaries near Hickory-Lenoir-Morganton, NC

Hiring Managers, All Others?

Frequently Asked Questions

How much does a Managers, All Other make in Hickory-Lenoir-Morganton, NC?

The median annual salary for a Managers, All Other in Hickory-Lenoir-Morganton, NC is $118,260. This typically ranges from $58,840 for entry-level positions to $176,430 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Hickory-Lenoir-Morganton, NC is 24.0% lower than the national median of $155,520.

Is Hickory-Lenoir-Morganton, NC a lucrative place for Managers, All Others?

No, not compared to the national average.While the average salary is $118,260, it falls significantly below the national average of $155,520. However, the local cost of living is at the national average, meaning the salary's purchasing power is equivalent nationally.

Is Hickory-Lenoir-Morganton, NC a good place to live for Managers, All Others?

The Cost of Living Index in Hickory-Lenoir-Morganton, NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Hickory-Lenoir-Morganton, NC?

Some top paying nearby cities include Charlotte-Concord-Gastonia, NC-SC ($159,800) and Spartanburg, SC.

How does the local workforce size affect job prospects?

A local workforce of 350 for Managers, All Other suggests a moderately sized job market. While not as large as major metropolitan areas, it indicates a stable presence of these roles within the Hickory-Lenoir-Morganton economy.

What does a Location Quotient of 0.54 mean for this role?

A Location Quotient of 0.54 means that Managers, All Other are less concentrated in Hickory-Lenoir-Morganton than the national average. This could imply fewer specialized opportunities but potentially less competition for existing roles.

How does the Cost of Living impact the $118,260 salary?

With a Cost of Living Index of 100, the $118,260 salary in Hickory-Lenoir-Morganton has the same purchasing power as the national average. This offsets the lower nominal salary compared to the national average for the role.

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

With 2.228 jobs per 1,000 workers, this role represents a small but present segment of the local employment landscape in Hickory-Lenoir-Morganton, indicating consistent, albeit not dominant, demand.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Hickory-Lenoir-Morganton, NC area with a job density of 2.228 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.