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Average Managers, All Other Salary in Springfield, MA

Managers, All Other in Springfield, MA, command an impressive average annual salary of $156,100, slightly surpassing the national average of $155,520. This marginal premium in Springfield is likely influenced by a combination of local economic factors and the specific demand for managerial expertise within its unique industrial landscape.

Executive Summary

  • Average Salary: $156,100 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $229,490.
  • Outlook: With a local workforce of 300 individuals in this role and a Location Quotient of 0.37, the market for Managers, All Other in Springfield, MA, indicates a specialized, rather than saturated, presence. While not a hub of concentrated activity compared to national averages, the steady presence suggests consistent demand for these essential leadership positions within the local economy.
2024 Market Data

Salary Overview

$156,100

The average Managers, All Other in Springfield, MA earns+0.4%above the national average.

BreakdownBased on 40h/week
Hourly

$75.1

Weekly

$3,002

Monthly

$13,008

Managers, All Other Salary Distribution in Springfield, MA

The salary spectrum for Managers, All Other in Springfield, MA, naturally widens with experience. Entry-level positions might start significantly below the average, while seasoned professionals with extensive leadership track records can command salaries well into the upper percentiles. The gap between entry-level and senior roles highlights the significant career progression and earning potential available within this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$83,090$39.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$117,075$56.3
ManagerOversees team, compliance, and project delivery.50% (Median)$159,500$76.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$195,125$93.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$229,490$110.3

Detailed Managers, All Other Market Analysis

Relocation Context

Nominal Salary

$156,100

Gross Pay

Real Wage (Purchasing Power)

$156,100

Adjusted for COL (100)

The average annual salary of $156,100 in Springfield, MA, aligns perfectly with the national average cost of living index of 100. This means that the nominal salary holds its purchasing power directly against the national standard, offering a stable financial footing for managers residing in the area without the immediate pressure of higher or lower living expenses.

Job Market Context

300

Total Jobs

1.503

Per 1K Jobs

0.37

Location Quotient

Low Concentration

At 0.37x, Springfield, MA 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 0.37 for Managers, All Other in Springfield, MA, suggests that this role is less concentrated locally compared to the national average. This implies that while the positions exist and are compensated competitively, the market is not oversaturated, potentially offering good opportunities for skilled professionals seeking roles in this sector without facing intense competition.

Nearby Job Markets

Nearby Cities for Managers, All Other

Comparing salaries near Springfield, MA

Hiring Managers, All Others?

Frequently Asked Questions

How much does a Managers, All Other make in Springfield, MA?

The median annual salary for a Managers, All Other in Springfield, MA is $156,100. This typically ranges from $83,090 for entry-level positions to $229,490 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Springfield, MA is 0.4% higher than the national median of $155,520.

Is Springfield, MA a lucrative place for Managers, All Other?

Yes, Springfield, MA offers a competitive salary for Managers, All Other.The average salary of $156,100 slightly exceeds the national average, and the cost of living is on par with the national index, indicating strong purchasing power.

Is Springfield, MA a good place to live for Managers, All Others?

The Cost of Living Index in Springfield, MA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Springfield, MA?

Some top paying nearby cities include Amherst Town-Northampton, MA ($145,820) and Hartford-West Hartford-East Hartford, CT.

How does the number of Managers, All Other in Springfield compare nationally?

With 1.503 jobs per 1,000 workers, the concentration of Managers, All Other in Springfield is below the national average, as indicated by the Location Quotient of 0.37.

What is the significance of the Location Quotient (LQ) for this role in Springfield?

An LQ of 0.37 means that Springfield has fewer Managers, All Other per capita than the national average, suggesting a less concentrated but potentially stable job market for these professionals.

How does the cost of living in Springfield affect the manager's salary?

With a Cost of Living Index of 100, Springfield's living expenses are average nationally. Therefore, the $156,100 salary maintains its value and purchasing power without being significantly inflated or deflated by local costs.

What does the total local workforce of 300 for Managers, All Other imply?

A local workforce of 300 indicates a defined, though not massive, pool of these managerial roles within Springfield, suggesting a consistent demand that supports the competitive average salary.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 300 employees in the Springfield, MA area with a job density of 1.503 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.