Average Sales Managers Salary in Monroe, LA
Sales Managers in Monroe, LA, can expect an average annual salary of $107,490. This figure is notably lower than the national average of $161,040, reflecting the unique economic landscape and demand dynamics specific to the Monroe region. Local market conditions and the overall cost of doing business significantly influence compensation levels for these critical roles.
Executive Summary
- Average Salary: $107,490 per year.
- Growth Trend: Salaries have shifted 23.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $172,310.
- Outlook: The job market for Sales Managers in Monroe, LA, presents a modest picture, with a total local workforce of 210 individuals in this role. The Location Quotient of 0.61 suggests that Sales Manager positions are less concentrated here compared to the national average, indicating a potentially less saturated but also less robust demand for these professionals within the immediate area.
Salary Overview
The average Sales Managers in Monroe, LA earns-33.3%below the national average.
$51.7
$2,067
$8,958
Sales Managers Salary Trends (2020-2024)
While specific historical data for Monroe, LA, is not provided, it is generally assumed that salaries for Sales Managers across the United States have experienced steady growth over the past four years. This trend is typically driven by inflation, increasing business complexity, and the evolving demands placed upon sales leadership to adapt to new market strategies and technologies.
Sales Managers Salary Distribution in Monroe, LA
Salary progression for Sales Managers in Monroe, LA, is strongly tied to experience. Entry-level positions typically command lower salaries, while senior roles with extensive experience and a proven track record of success can earn significantly more. The percentile gaps between junior and senior roles highlight the substantial career progression and earning potential available as professionals advance in their careers.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,790 | $22 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $80,618 | $38.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $95,210 | $45.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $134,363 | $64.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $172,310 | $82.8 |
Detailed Sales Managers Market Analysis
Relocation Context
Nominal Salary
$107,490
Gross Pay
Real Wage (Purchasing Power)
$107,490
Adjusted for COL (100)
The nominal salary of $107,490 in Monroe, LA, is well-aligned with the local Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of a Sales Manager's salary in Monroe is equivalent to the national standard, offering a stable financial footing without the premium often associated with higher cost-of-living areas.
Job Market Context
210
Total Jobs
2.398
Per 1K Jobs
0.61
Location Quotient
Monroe, LA has 0.61x 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.
With a Location Quotient of 0.61, the market for Sales Managers in Monroe, LA, is less concentrated than the national average. This suggests that while there may not be an overwhelming abundance of these roles, the competition might also be less intense compared to major metropolitan hubs, potentially offering unique opportunities for skilled professionals.
Nearby Job Markets
Nearby Cities for Sales Managers
| City | Salary | Dist. |
|---|---|---|
| Alexandria, LA Sales Managers Salary | $99,520↓ 7% | 88 mi |
| Southwest Louisiana nonmetropolitan area Sales Managers Salary | $120,870↑ 12% | 94 mi |
Comparing salaries near Monroe, LA
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Frequently Asked Questions
How much does a Sales Managers make in Monroe, LA?
The median annual salary for a Sales Managers in Monroe, LA is $107,490. This typically ranges from $45,790 for entry-level positions to $172,310 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Monroe, LA is 33.3% lower than the national median of $161,040.
Is Monroe, LA a lucrative place for Sales Managers?
No, not compared to the national average.While the average salary of $107,490 is substantial, it falls significantly short of the national average, indicating less lucrative opportunities in Monroe, LA.
Is Monroe, LA a good place to live for Sales Managers?
The Cost of Living Index in Monroe, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Monroe, LA?
Some top paying nearby cities include Alexandria, LA ($99,520) and Southwest Louisiana nonmetropolitan area.
How does Monroe, LA compare to the national average salary for Sales Managers?
Sales Managers in Monroe, LA, earn an average of $107,490 annually, which is considerably lower than the national average of $161,040.
What is the concentration of Sales Managers in Monroe, LA?
The concentration of Sales Managers in Monroe, LA, is indicated by a Location Quotient of 0.61, meaning it is less concentrated than the national average.
How does the cost of living in Monroe, LA affect salary perception?
Monroe, LA, has a Cost of Living Index of 100, matching the national average. Therefore, the $107,490 salary offers purchasing power equivalent to the national average.
What is the total number of Sales Managers in Monroe, LA?
There are approximately 210 Sales Managers employed locally in Monroe, LA, representing 2.398 jobs per 1,000 workers.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Monroe, LA area with a job density of 2.398 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Sales Managers • Data source: BLS OEWS 2024 •Jobs in Monroe, LA