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Average Managers, All Other Salary in Lexington-Fayette, KY

Managers, All Other in Lexington-Fayette, KY, earn an average annual salary of $131,920. This figure is notably below the national average of $155,520, suggesting that local economic factors and industry demand play a significant role in compensation within this specific metropolitan area. The concentration of these roles and the overall job market dynamics contribute to this localized pay scale.

Executive Summary

  • Average Salary: $131,920 per year.
  • Growth Trend: Salaries have shifted 29.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $189,030.
  • Outlook: The local workforce for Managers, All Other in Lexington-Fayette, KY, comprises 320 individuals, indicating a moderate presence. With a Location Quotient of 0.28, the concentration of these roles is less than the national average, suggesting that while opportunities exist, they are not as densely populated as in other regions. The rate of 1.128 jobs per 1,000 workers further contextualizes the availability of these positions within the broader employment landscape.
2024 Market Data

Salary Overview

$131,920

The average Managers, All Other in Lexington-Fayette, KY earns-15.2%below the national average.

BreakdownBased on 40h/week
Hourly

$63.4

Weekly

$2,537

Monthly

$10,993

Managers, All Other Salary Distribution in Lexington-Fayette, KY

Salary progression for Managers, All Other typically scales significantly with experience. Entry-level positions will command lower salaries, while senior roles, characterized by extensive experience, strategic oversight, and leadership, will reach the higher end of the pay spectrum. The percentile gaps in salary distribution clearly signify career progression pathways, rewarding accumulated expertise and demonstrated leadership capabilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$75,580$36.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$98,940$47.6
ManagerOversees team, compliance, and project delivery.50% (Median)$126,360$60.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$164,900$79.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$189,030$90.9

Detailed Managers, All Other Market Analysis

Relocation Context

Nominal Salary

$131,920

Gross Pay

Real Wage (Purchasing Power)

$131,920

Adjusted for COL (100)

The nominal average salary of $131,920 in Lexington-Fayette, KY, is positioned directly against a Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of the local salary is equivalent to the national standard, offering a balanced financial standing for residents when considering everyday expenses.

Job Market Context

320

Total Jobs

1.128

Per 1K Jobs

0.28

Location Quotient

Low Concentration

At 0.28x, Lexington-Fayette, KY has a notably lower concentration of Managers, All Other jobs than the national average. Opportunities in this area are relatively scarce for this profession.

A Location Quotient of 0.28 for Managers, All Other in Lexington-Fayette, KY, indicates that this profession is less concentrated locally compared to the national average. This suggests a less competitive market in terms of the sheer number of similar roles available relative to the national distribution, potentially offering a more focused job search for candidates.

Nearby Job Markets

Hiring Managers, All Others?

Frequently Asked Questions

How much does a Managers, All Other make in Lexington-Fayette, KY?

The median annual salary for a Managers, All Other in Lexington-Fayette, KY is $131,920. This typically ranges from $75,580 for entry-level positions to $189,030 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lexington-Fayette, KY is 15.2% lower than the national median of $155,520.

Is Lexington-Fayette, KY a lucrative place for Managers, All Other?

No, not exceptionally lucrative compared to the national average.While the average salary of $131,920 is substantial, it falls below the national average of $155,520. However, the cost of living is on par with the national average, making the salary's purchasing power equivalent.

Is Lexington-Fayette, KY a good place to live for Managers, All Others?

The Cost of Living Index in Lexington-Fayette, KY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lexington-Fayette, KY?

Some top paying nearby cities include Central Kentucky nonmetropolitan area ($102,940) and South Central Kentucky nonmetropolitan area.

How does the local salary compare to the national average?

The average annual salary for Managers, All Other in Lexington-Fayette, KY is $131,920, which is $23,600 less than the national average of $155,520.

What is the job concentration for this role in Lexington-Fayette, KY?

The Location Quotient is 0.28, meaning the concentration of Managers, All Other jobs in Lexington-Fayette, KY, is significantly lower than the national average.

How does the cost of living affect the salary in Lexington-Fayette, KY?

With a Cost of Living Index of 100, the local expenses are average. Therefore, the $131,920 salary offers average purchasing power relative to the rest of the country.

What is the total number of Managers, All Other in Lexington-Fayette, KY?

There are approximately 320 individuals employed as Managers, All Other in the Lexington-Fayette, KY area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 320 employees in the Lexington-Fayette, KY area with a job density of 1.128 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.