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Average Natural Sciences Managers Salary in Raleigh-Cary, NC

Natural Sciences Managers in Raleigh-Cary, NC, command an impressive average annual salary of $184,020. This figure is remarkably close to the national average of $185,920, indicating a highly competitive and valued market for these professionals. The robust demand and specialized nature of scientific management roles within the Research Triangle Park area likely contribute to this strong compensation.

Executive Summary

  • Average Salary: $184,020 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $276,030.
  • Outlook: The Raleigh-Cary region boasts a substantial workforce of 1,960 Natural Sciences Managers, signifying a significant concentration of talent and opportunity. With a Location Quotient of 4.15, this area is over four times more concentrated in this profession than the national average, suggesting a robust and dynamic job market with sustained demand for experienced scientific leadership.
2024 Market Data

Salary Overview

$184,020

The average Natural Sciences Managers in Raleigh-Cary, NC earns-1.0%below the national average.

BreakdownBased on 40h/week
Hourly

$88.5

Weekly

$3,539

Monthly

$15,335

Natural Sciences Managers Salary Distribution in Raleigh-Cary, NC

Career progression for Natural Sciences Managers in Raleigh-Cary typically correlates with experience, leading to significant salary increases. Entry-level positions might start at a lower percentile, while senior managers with extensive expertise and leadership responsibilities can expect to earn at the higher percentiles of the $184,020 average. The gap between entry-level and senior roles highlights substantial earning potential as one advances in their career.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$97,850$47
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$138,015$66.4
ManagerOversees team, compliance, and project delivery.50% (Median)$166,250$79.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$230,025$110.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$276,030$132.7

Detailed Natural Sciences Managers Market Analysis

Relocation Context

Nominal Salary

$184,020

Gross Pay

Real Wage (Purchasing Power)

$184,020

Adjusted for COL (100)

The average annual salary of $184,020 in Raleigh-Cary, NC, is perfectly aligned with the national average cost of living, which stands at an index of 100. This means that the purchasing power of a Natural Sciences Manager's salary in this location is equivalent to the national average, offering a stable financial environment without the added pressure of a significantly higher cost of living.

Job Market Context

1,960

Total Jobs

2.714

Per 1K Jobs

4.15

Location Quotient

Major Hub

Raleigh-Cary, NC has 4.2x 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.

A Location Quotient of 4.15 for Natural Sciences Managers in Raleigh-Cary indicates an exceptionally high concentration of these roles compared to the national average. This suggests a highly specialized and potentially competitive market where employers actively seek out and value this expertise, offering a strong environment for career growth and specialized opportunities.

Nearby Job Markets

Nearby Cities for Natural Sciences Managers

Comparing salaries near Raleigh-Cary, NC

Hiring Natural Sciences Managerss?

Frequently Asked Questions

How much does a Natural Sciences Managers make in Raleigh-Cary, NC?

The median annual salary for a Natural Sciences Managers in Raleigh-Cary, NC is $184,020. This typically ranges from $97,850 for entry-level positions to $276,030 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Raleigh-Cary, NC is 1.0% lower than the national median of $185,920.

Is Raleigh-Cary, NC a lucrative place for Natural Sciences Managers?

Yes, Raleigh-Cary, NC is a lucrative location for Natural Sciences Managers.The average salary of $184,020 is nearly on par with the national average, and the high concentration of these roles (LQ of 4.15) indicates strong demand and competitive compensation.

Is Raleigh-Cary, NC a good place to live for Natural Sciences Managers?

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

Where are the highest paying cities near Raleigh-Cary, NC?

Some top paying nearby cities include Durham-Chapel Hill, NC ($187,370) and Burlington, NC.

How does Raleigh-Cary's cost of living compare to the national average for Natural Sciences Managers?

Raleigh-Cary's cost of living index is exactly 100, matching the national average. This means the $184,020 salary offers purchasing power equivalent to the national average, making it a financially stable location.

What is the job market like for Natural Sciences Managers in Raleigh-Cary?

The job market is highly concentrated, with a Location Quotient of 4.15, indicating a significantly higher presence of these roles than the national average. This suggests robust demand and ample opportunities.

How many Natural Sciences Managers work in Raleigh-Cary?

There are approximately 1,960 Natural Sciences Managers employed in the Raleigh-Cary area, representing a substantial segment of the local workforce in this field.

Does experience significantly impact salary for Natural Sciences Managers in Raleigh-Cary?

Yes, experience is a key driver of salary. While entry-level positions will be at the lower end, senior Natural Sciences Managers with extensive expertise can command salaries at the higher percentiles of the $184,020 average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,960 employees in the Raleigh-Cary, NC area with a job density of 2.714 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.