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Average Meeting, Convention, and Event Planners Salary in Madison, WI

Meeting, Convention, and Event Planners in Madison, WI, earn an average annual salary of $61,370. This figure is slightly below the national average of $65,660, suggesting that while Madison offers a stable market, local compensation may be influenced by factors such as the specific industry mix and the overall economic landscape of Wisconsin. The cost of living in Madison aligns precisely with the national average, making the nominal salary's purchasing power comparable.

Executive Summary

  • Average Salary: $61,370 per year.
  • Growth Trend: Salaries have shifted 10.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $83,100.
  • Outlook: The job market for Meeting, Convention, and Event Planners in Madison, WI, appears moderately robust. With a total local workforce of 460 professionals in this field, and a Location Quotient of 1.29, Madison demonstrates a concentration of these roles that is 29% higher than the national average. This indicates a notable demand and a specialized ecosystem for event planning services within the city, suggesting a healthy environment for both existing professionals and those looking to enter the field.
2024 Market Data

Salary Overview

$61,370

The average Meeting, Convention, and Event Planners in Madison, WI earns-6.5%below the national average.

BreakdownBased on 40h/week
Hourly

$29.5

Weekly

$1,180

Monthly

$5,114

Meeting, Convention, and Event Planners Salary Distribution in Madison, WI

Salary progression for Meeting, Convention, and Event Planners in Madison, WI, typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with a proven track record in managing complex events can command salaries in the upper percentiles. The gap between entry-level and senior roles signifies substantial career growth opportunities, reflecting increased responsibility, specialized skills, and a broader network of contacts.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,290$17.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$46,028$22.1
ManagerOversees team, compliance, and project delivery.50% (Median)$54,990$26.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$76,713$36.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$83,100$40

Detailed Meeting, Convention, and Event Planners Market Analysis

Relocation Context

Nominal Salary

$61,370

Gross Pay

Real Wage (Purchasing Power)

$61,370

Adjusted for COL (100)

The nominal average annual salary of $61,370 in Madison, WI, holds its value effectively due to the local Cost of Living Index being exactly at the national average of 100. This means that the purchasing power of an event planner's salary in Madison is comparable to that of someone earning the national average salary in a similarly priced region. Therefore, relocating to Madison for this profession offers a stable financial outlook without the immediate pressure of a significantly higher or lower cost of living.

Job Market Context

460

Total Jobs

1.124

Per 1K Jobs

1.29

Location Quotient

Above Average

With a location quotient of 1.29, Madison, WI has a slightly higher-than-average concentration of Meeting, Convention, and Event Planners roles compared to the national norm.

Madison, WI, presents a competitive yet accessible market for Meeting, Convention, and Event Planners, as evidenced by its Location Quotient of 1.29. This quotient indicates a higher concentration of these professionals compared to the national average, suggesting a specialized demand and a potentially vibrant industry cluster. While this concentration implies a good number of opportunities, it also means professionals are competing within a more focused talent pool, requiring strong skills and networking to stand out.

Nearby Job Markets

Nearby Cities for Meeting, Convention, and Event Planners

Comparing salaries near Madison, WI

Hiring Meeting, Convention, and Event Plannerss?

Frequently Asked Questions

How much does a Meeting, Convention, and Event Planners make in Madison, WI?

The median annual salary for a Meeting, Convention, and Event Planners in Madison, WI is $61,370. This typically ranges from $37,290 for entry-level positions to $83,100 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Madison, WI is 6.5% lower than the national median of $65,660.

Is Madison, WI a lucrative place for Meeting, Convention, and Event Plannerss?

Yes, with caveats.Madison, WI offers a competitive salary for event planners that aligns with the national average cost of living. The higher concentration of these roles (LQ of 1.29) suggests a strong local market demand.

Is Madison, WI a good place to live for Meeting, Convention, and Event Planners?

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

Where are the highest paying cities near Madison, WI?

Some top paying nearby cities include Janesville-Beloit, WI ($51,960) and Rockford, IL.

How does Madison's average salary compare to the national average?

The average annual salary for Meeting, Convention, and Event Planners in Madison, WI, is $61,370, which is slightly lower than the national average of $65,660.

What does the Location Quotient of 1.29 mean for event planners in Madison?

A Location Quotient of 1.29 indicates that Madison has 29% more Meeting, Convention, and Event Planners per worker than the national average, suggesting a higher concentration and potentially stronger demand for these roles locally.

Is the cost of living in Madison a factor for event planners' salaries?

No, the cost of living in Madison is exactly at the national average (100), meaning the $61,370 salary has comparable purchasing power to the national average salary in a typical US city.

How many event planners work in Madison, WI?

There are approximately 460 Meeting, Convention, and Event Planners employed in Madison, WI, representing 1.124 jobs per 1,000 workers in the local economy.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 460 employees in the Madison, WI area with a job density of 1.124 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.