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Average Natural Sciences Managers Salary in Durham-Chapel Hill, NC

Natural Sciences Managers in Durham-Chapel Hill, NC, command an impressive average annual salary of $187,370. This figure slightly surpasses the national average of $185,920, indicating a strong demand and potentially higher compensation expectations within this specific metropolitan area. The concentration of research institutions and biotech firms likely contributes to this elevated pay scale.

Executive Summary

  • Average Salary: $187,370 per year.
  • Growth Trend: Salaries have shifted 2.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $281,055.
  • Outlook: The Durham-Chapel Hill, NC, job market for Natural Sciences Managers appears robust, evidenced by a substantial local workforce of 2,270 individuals. The exceptionally high Location Quotient of 10.15 signifies a significant concentration of these roles compared to the national average, suggesting a thriving and specialized sector that actively recruits and retains talent in this field.
2024 Market Data

Salary Overview

$187,370

The average Natural Sciences Managers in Durham-Chapel Hill, NC earns+0.8%above the national average.

BreakdownBased on 40h/week
Hourly

$90.1

Weekly

$3,603

Monthly

$15,614

Natural Sciences Managers Salary Distribution in Durham-Chapel Hill, NC

Career progression for Natural Sciences Managers in Durham-Chapel Hill, NC, typically involves a significant salary increase with experience. Entry-level positions might start at a lower percentile, while senior roles, characterized by extensive leadership and strategic oversight, command top-tier compensation. The widening gap between salary percentiles clearly signifies substantial career advancement opportunities and the associated reward for accumulated expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$103,070$49.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$140,528$67.6
ManagerOversees team, compliance, and project delivery.50% (Median)$171,390$82.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$234,213$112.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$281,055$135.1

Detailed Natural Sciences Managers Market Analysis

Relocation Context

Nominal Salary

$187,370

Gross Pay

Real Wage (Purchasing Power)

$187,370

Adjusted for COL (100)

With an average annual salary of $187,370 and a Cost of Living Index of 100 (matching the national average), Natural Sciences Managers in Durham-Chapel Hill, NC, experience excellent purchasing power. The nominal salary effectively translates to real economic benefit, as the cost of goods and services remains on par with the rest of the country, allowing for a comfortable standard of living.

Job Market Context

2,270

Total Jobs

6.638

Per 1K Jobs

10.15

Location Quotient

Major Hub

Durham-Chapel Hill, NC has 10.2x the national concentration of Natural Sciences Managers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

The Location Quotient of 10.15 for Natural Sciences Managers in Durham-Chapel Hill, NC, is a powerful indicator of market dynamics. This exceptionally high figure suggests that the region is a national hub for this profession, with a job market that is significantly more concentrated than the national average. This indicates a highly competitive yet abundant environment for these specialized roles.

Nearby Job Markets

Hiring Natural Sciences Managerss?

Frequently Asked Questions

How much does a Natural Sciences Managers make in Durham-Chapel Hill, NC?

The median annual salary for a Natural Sciences Managers in Durham-Chapel Hill, NC is $187,370. This typically ranges from $103,070 for entry-level positions to $281,055 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Durham-Chapel Hill, NC is 0.8% higher than the national median of $185,920.

Is Durham-Chapel Hill, NC a lucrative place for Natural Sciences Managers?

Yes, Durham-Chapel Hill, NC is a highly lucrative location for Natural Sciences Managers.The average salary significantly exceeds the national average, and the cost of living is on par with the national index, offering excellent earning potential and purchasing power.

Is Durham-Chapel Hill, NC a good place to live for Natural Sciences Managers?

The Cost of Living Index in Durham-Chapel Hill, NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Durham-Chapel Hill, NC?

Some top paying nearby cities include Raleigh-Cary, NC ($184,020) and Burlington, NC.

What is the average salary for a Natural Sciences Manager in Durham-Chapel Hill, NC?

The average annual salary for a Natural Sciences Manager in Durham-Chapel Hill, NC, is $187,370.

How does the salary compare to the national average?

The average salary in Durham-Chapel Hill, NC ($187,370) is slightly higher than the national average ($185,920).

How concentrated are Natural Sciences Manager jobs in this area?

The concentration of Natural Sciences Manager jobs in Durham-Chapel Hill, NC, is very high, with a Location Quotient of 10.15, indicating it's a significant hub for this profession.

What is the cost of living in Durham-Chapel Hill, NC?

The Cost of Living Index in Durham-Chapel Hill, NC, is 100, which is exactly the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,270 employees in the Durham-Chapel Hill, NC area with a job density of 6.638 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.