Average Sales Managers Salary in Rhode Island
Sales Managers in Rhode Island earn an average annual salary of $141,070, which is below the national average of $161,040. This difference can be attributed to various regional economic factors, including industry concentration and the specific demand for sales leadership within the state's business landscape.
Executive Summary
- Average Salary: $141,070 per year.
- Growth Trend: Salaries have shifted 20.3% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $213,390.
- Outlook: With a local workforce of 790 Sales Managers, Rhode Island presents a moderately sized market for this profession. The Location Quotient of 0.41 indicates that this role is less concentrated in Rhode Island compared to the national average, suggesting a potentially less saturated but also less robust demand for these specialized positions within the state.
Salary Overview
The average Sales Managers in Rhode Island earns-12.4%below the national average.
$67.8
$2,713
$11,756
Sales Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Sales Managers across the United States, including Rhode Island, have experienced steady growth over the past four years. This trend is typically driven by inflation, increasing business complexity, and the evolving demands placed on sales leadership to drive revenue in competitive markets.
Sales Managers Salary Distribution in Rhode Island
The career trajectory for Sales Managers in Rhode Island shows significant earning potential as experience grows. Entry-level positions might start at a lower percentile, but seasoned professionals with extensive experience and a proven track record can command salaries well above the average, reflecting the value of their strategic insight and leadership capabilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $76,590 | $36.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $105,803 | $50.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $134,180 | $64.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $176,338 | $84.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $213,390 | $102.6 |
Detailed Sales Managers Market Analysis
Relocation Context
Nominal Salary
$141,070
Gross Pay
Real Wage (Purchasing Power)
$125,955
Adjusted for COL (112)
The average annual salary of $141,070 in Rhode Island needs to be considered alongside its Cost of Living Index of 112. This index, which is 12% higher than the national average, means that the purchasing power of the Rhode Island salary is somewhat diminished compared to areas with a lower cost of living, requiring careful financial planning for residents.
Job Market Context
790
Total Jobs
1.61
Per 1K Jobs
0.41
Location Quotient
At 0.41x, Rhode Island has a notably lower concentration of Sales Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
A Location Quotient of 0.41 signifies that Sales Manager roles are less prevalent in Rhode Island relative to the rest of the country. This suggests that while opportunities exist, the market is not as saturated as the national average, potentially offering a unique competitive landscape for both job seekers and employers.
Nearby Job Markets
Nearby Cities for Sales Managers
| City | Salary | Dist. |
|---|---|---|
| Providence-Warwick, RI-MA Sales Managers Salary | $150,790↑ 7% | 11 mi |
| Norwich-New London-Willimantic, CT Sales Managers Salary | $147,240↑ 4% | 31 mi |
| Massachusetts nonmetropolitan area Sales Managers Salary | $149,260↑ 6% | 38 mi |
| Worcester, MA Sales Managers Salary | $158,290↑ 12% | 43 mi |
| Boston-Cambridge-Newton, MA-NH Sales Managers Salary | $195,970↑ 39% | 49 mi |
Comparing salaries near Rhode Island
Hiring Sales Managerss?
Frequently Asked Questions
How much does a Sales Managers make in Rhode Island?
The median annual salary for a Sales Managers in Rhode Island is $141,070. This typically ranges from $76,590 for entry-level positions to $213,390 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Rhode Island is 12.4% lower than the national median of $161,040.
Is Rhode Island a lucrative place for Sales Managers?
No, not comparatively.While the average salary of $141,070 is substantial, it falls below the national average, and the higher cost of living further impacts its relative lucrativeness.
Is Rhode Island a good place to live for Sales Managers?
The Cost of Living Index in Rhode Island is 112. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Rhode Island?
Some top paying nearby cities include Providence-Warwick, RI-MA ($150,790) and Norwich-New London-Willimantic, CT.
How does Rhode Island's cost of living affect the Sales Manager salary?
Rhode Island's Cost of Living Index is 112, meaning expenses are 12% higher than the national average. This makes the $141,070 salary less impactful in terms of purchasing power compared to a similar salary in a lower cost-of-living area.
What does the Location Quotient of 0.41 mean for Sales Managers in Rhode Island?
A Location Quotient of 0.41 indicates that Sales Manager jobs are less concentrated in Rhode Island than the national average. This suggests fewer job opportunities relative to the size of the national market.
How many Sales Managers work in Rhode Island?
There are approximately 790 Sales Managers employed within Rhode Island, representing a specific segment of the state's professional workforce.
Are Sales Manager jobs common in Rhode Island?
Based on the Jobs per 1,000 Workers metric of 1.61, Sales Manager roles are present but not exceptionally abundant in Rhode Island when compared to the national prevalence.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 790 employees in the Rhode Island area with a job density of 1.61 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 Rhode Island