Average Managers, All Other Salary in Lexington Park, MD
Managers, All Other in Lexington Park, MD, command an impressive average annual salary of $151,390. This figure is slightly below the national average of $155,520, suggesting a localized market dynamic that influences compensation. Factors such as regional economic drivers and the specific demand within the Lexington Park area likely contribute to this pay scale.
Executive Summary
- Average Salary: $151,390 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $212,780.
- Outlook: The job market for Managers, All Other in Lexington Park, MD, shows a notable concentration, with a Location Quotient of 1.41 indicating a presence significantly higher than the national average. The local workforce of 410 individuals in this role, coupled with 5.766 jobs per 1,000 workers, suggests a robust and potentially growing demand for these management positions within the region.
Salary Overview
The average Managers, All Other in Lexington Park, MD earns-2.7%below the national average.
$72.8
$2,911
$12,616
Managers, All Other Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the salary for Managers, All Other in Lexington Park, MD, has experienced consistent growth over the past four years, mirroring national trends. Economic expansion, inflation, and increasing demand for skilled management professionals typically drive upward salary adjustments in most metropolitan areas.
Managers, All Other Salary Distribution in Lexington Park, MD
Salary progression for Managers, All Other in Lexington Park, MD, typically scales significantly with experience. Entry-level positions may start at a lower percentile, while senior roles and those with extensive leadership experience can command salaries well into the higher percentiles. The widening gap between entry-level and senior compensation reflects the value placed on accumulated expertise and proven management capabilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $85,890 | $41.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $113,543 | $54.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $153,320 | $73.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $189,238 | $91 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $212,780 | $102.3 |
Detailed Managers, All Other Market Analysis
Relocation Context
Nominal Salary
$151,390
Gross Pay
Real Wage (Purchasing Power)
$151,390
Adjusted for COL (100)
With a Cost of Living Index of 100, Lexington Park, MD, offers a cost of living that is precisely at the national average. This means the nominal salary of $151,390 provides purchasing power that aligns with the typical American standard, making it a stable financial environment for managers.
Job Market Context
410
Total Jobs
5.766
Per 1K Jobs
1.41
Location Quotient
With a location quotient of 1.41, Lexington Park, MD has a slightly higher-than-average concentration of Managers, All Other roles compared to the national norm.
The Location Quotient of 1.41 for Managers, All Other in Lexington Park, MD, signifies a market where this profession is more concentrated than the national average. This suggests a potentially competitive environment for job seekers, but also indicates a strong local industry presence that values and requires these management roles.
Nearby Job Markets
Nearby Cities for Managers, All Other
| City | Salary | Dist. |
|---|---|---|
| Salisbury, MD Managers, All Other Salary | $115,620↓ 24% | 47 mi |
| Washington-Arlington-Alexandria, DC-VA-MD-WV Managers, All Other Salary | $171,840↑ 14% | 55 mi |
| Maryland nonmetropolitan area Managers, All Other Salary | $112,600↓ 26% | 59 mi |
| Baltimore-Columbia-Towson, MD Managers, All Other Salary | $142,460↓ 6% | 72 mi |
| Richmond, VA Managers, All Other Salary | $152,690↑ 1% | 75 mi |
Comparing salaries near Lexington Park, MD
Hiring Managers, All Others?
Frequently Asked Questions
How much does a Managers, All Other make in Lexington Park, MD?
The median annual salary for a Managers, All Other in Lexington Park, MD is $151,390. This typically ranges from $85,890 for entry-level positions to $212,780 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lexington Park, MD is 2.7% lower than the national median of $155,520.
Is Lexington Park, MD a lucrative place for Managers, All Other?
Yes, with caveats.The average salary of $151,390 is substantial, and the cost of living being at the national average means strong purchasing power. However, it is slightly below the national average salary for this role.
Is Lexington Park, MD a good place to live for Managers, All Others?
The Cost of Living Index in Lexington Park, MD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lexington Park, MD?
Some top paying nearby cities include Salisbury, MD ($115,620) and Washington-Arlington-Alexandria, DC-VA-MD-WV.
How does the Lexington Park salary compare to the national average?
The average annual salary for Managers, All Other in Lexington Park, MD is $151,390, which is slightly lower than the national average of $155,520.
What is the concentration of Managers, All Other in Lexington Park, MD?
Lexington Park, MD has a Location Quotient of 1.41 for Managers, All Other, indicating a higher concentration of these roles compared to the national average.
How does the cost of living in Lexington Park, MD affect salary perception?
The Cost of Living Index in Lexington Park, MD is 100, which is the national average. This means the $151,390 salary offers standard purchasing power relative to the rest of the country.
What does the total local workforce size imply for job availability?
With a total local workforce of 410 Managers, All Other, the market size is moderate, suggesting a stable but potentially competitive job landscape.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 410 employees in the Lexington Park, MD area with a job density of 5.766 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Managers, All Other • Data source: BLS OEWS 2024 •Jobs in Lexington Park, MD