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Average Sales Managers Salary in Lexington-Fayette, KY

Sales Managers in Lexington-Fayette, KY, command an impressive average annual salary of $138,180. This figure, while slightly below the national average of $161,040, reflects the specific economic dynamics and industry demands present within the Lexington-Fayette region. Local market conditions and the concentration of relevant businesses play a significant role in shaping compensation for these vital sales leadership roles.

Executive Summary

  • Average Salary: $138,180 per year.
  • Growth Trend: Salaries have shifted 19.0% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $224,390.
  • Outlook: With a local workforce of 1,060 Sales Managers, Lexington-Fayette demonstrates a stable presence in this profession. The Location Quotient of 0.96 indicates that the concentration of Sales Managers in this area is nearly on par with the national average, suggesting a consistent demand for these professionals. The rate of 3.758 jobs per 1,000 workers further underscores the steady employment opportunities available for skilled individuals in sales management within this Kentucky locale.
2024 Market Data

Salary Overview

$138,180

The average Sales Managers in Lexington-Fayette, KY earns-14.2%below the national average.

BreakdownBased on 40h/week
Hourly

$66.4

Weekly

$2,657

Monthly

$11,515

Sales Managers Salary Distribution in Lexington-Fayette, KY

The career path for Sales Managers in Lexington-Fayette, KY, typically shows a significant salary increase with experience. Entry-level positions might start considerably lower, while senior Sales Managers, with extensive track records and proven success, can command salaries well above the average. The widening percentile gaps between junior and senior roles highlight the substantial earning potential and career progression available to those who advance within the sales management hierarchy.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$57,520$27.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$103,635$49.8
ManagerOversees team, compliance, and project delivery.50% (Median)$110,060$52.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$172,725$83
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$224,390$107.9

Detailed Sales Managers Market Analysis

Relocation Context

Nominal Salary

$138,180

Gross Pay

Real Wage (Purchasing Power)

$138,180

Adjusted for COL (100)

The average annual salary of $138,180 for Sales Managers in Lexington-Fayette, KY, aligns perfectly with the local Cost of Living Index of 100, which represents the national average. This means that the purchasing power of a Sales Manager's salary in Lexington-Fayette is equivalent to the national standard, offering a stable financial standing without the premium often associated with higher cost-of-living areas.

Job Market Context

1,060

Total Jobs

3.758

Per 1K Jobs

0.96

Location Quotient

Below Average

Lexington-Fayette, KY has 0.96x the national average concentration of Sales Managers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.96 for Sales Managers in Lexington-Fayette, KY, signifies a market that is closely aligned with the national distribution of this profession. This suggests a healthy and competitive job market where demand and supply are relatively balanced. While not exceeding the national concentration, this figure indicates a robust presence and consistent need for qualified Sales Managers, offering ample opportunities for both job seekers and employers.

Nearby Job Markets

Nearby Cities for Sales Managers

CitySalaryDist.
Central Kentucky nonmetropolitan area Sales Managers Salary$133,060↓ 4%28 mi
South Central Kentucky nonmetropolitan area Sales Managers Salary$127,230↓ 8%28 mi
West Kentucky nonmetropolitan area Sales Managers Salary$114,230↓ 17%28 mi
East Kentucky nonmetropolitan area Sales Managers Salary$111,610↓ 19%28 mi
Louisville/Jefferson County, KY-IN Sales Managers Salary$150,050↑ 9%72 mi

Comparing salaries near Lexington-Fayette, KY

Hiring Sales Managerss?

Frequently Asked Questions

How much does a Sales Managers make in Lexington-Fayette, KY?

The median annual salary for a Sales Managers in Lexington-Fayette, KY is $138,180. This typically ranges from $57,520 for entry-level positions to $224,390 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lexington-Fayette, KY is 14.2% lower than the national median of $161,040.

Is Lexington-Fayette, KY a lucrative place for Sales Managers?

Yes, it offers a competitive salary at the national cost of living.Sales Managers in Lexington-Fayette earn an average of $138,180, which is substantial given the local cost of living is exactly at the national average. This indicates strong purchasing power for these professionals.

Is Lexington-Fayette, KY a good place to live for Sales Managers?

The Cost of Living Index in Lexington-Fayette, KY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lexington-Fayette, KY?

Some top paying nearby cities include Central Kentucky nonmetropolitan area ($133,060) and South Central Kentucky nonmetropolitan area.

How does the Lexington-Fayette Sales Manager salary compare to the national average?

The average salary for Sales Managers in Lexington-Fayette, KY is $138,180, which is slightly lower than the national average of $161,040.

What is the concentration of Sales Managers in Lexington-Fayette, KY?

The concentration, measured by the Location Quotient, is 0.96, indicating that the presence of Sales Managers in Lexington-Fayette is very close to the national average.

How does the cost of living affect the salary in Lexington-Fayette, KY?

With a Cost of Living Index of 100, the salary of $138,180 in Lexington-Fayette offers purchasing power equivalent to the national average, making it financially stable.

What is the total number of Sales Managers in Lexington-Fayette, KY?

There are approximately 1,060 Sales Managers employed in the Lexington-Fayette, KY area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,060 employees in the Lexington-Fayette, KY area with a job density of 3.758 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Sales Managers • Data source: BLS OEWS 2024 •Jobs in Lexington-Fayette, KY