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Average Sales Managers Salary in Traverse City, MI

Sales Managers in Traverse City, MI, earn an average annual salary of $123,880. This figure is notably below the national average of $161,040, suggesting that local market dynamics, industry concentration, or company-specific factors may influence compensation in this region. While the nominal salary is lower than the national benchmark, understanding the local economic landscape is crucial for a complete picture.

Executive Summary

  • Average Salary: $123,880 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $195,880.
  • Outlook: With a local workforce of 240 Sales Managers and a Location Quotient of 0.91, Traverse City presents a market that is slightly less concentrated than the national average. This indicates a stable, albeit not exceptionally high, demand for these professionals. The presence of 3.565 jobs per 1,000 workers suggests a consistent need for sales leadership within the local economy.
2024 Market Data

Salary Overview

$123,880

The average Sales Managers in Traverse City, MI earns-23.1%below the national average.

BreakdownBased on 40h/week
Hourly

$59.6

Weekly

$2,382

Monthly

$10,323

Sales Managers Salary Distribution in Traverse City, MI

The salary range for Sales Managers in Traverse City, MI, naturally scales with experience. Entry-level positions typically fall within the lower percentiles, while senior roles with extensive experience and proven track records command salaries in the upper percentiles. The discernible gaps between these percentile ranges signify clear career progression pathways and the increasing value placed on seasoned sales leadership.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$66,500$32
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$92,910$44.7
ManagerOversees team, compliance, and project delivery.50% (Median)$104,210$50.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$154,850$74.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$195,880$94.2

Detailed Sales Managers Market Analysis

Relocation Context

Nominal Salary

$123,880

Gross Pay

Real Wage (Purchasing Power)

$123,880

Adjusted for COL (100)

The average annual salary of $123,880 in Traverse City aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Sales Manager's salary in Traverse City is equivalent to that of a Sales Manager earning the national average salary in a location with a national average cost of living. Therefore, the nominal salary offers a comparable standard of living to the national average.

Job Market Context

240

Total Jobs

3.565

Per 1K Jobs

0.91

Location Quotient

Below Average

Traverse City, MI has 0.91x 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 0.91 indicates that Traverse City has a slightly lower concentration of Sales Managers compared to the national average. This suggests that while the profession is present and needed, the market is not oversaturated. Professionals in this role may find a balanced competitive landscape, with opportunities available but perhaps requiring proactive networking and a strong resume to secure top positions.

Nearby Job Markets

Hiring Sales Managerss?

Frequently Asked Questions

How much does a Sales Managers make in Traverse City, MI?

The median annual salary for a Sales Managers in Traverse City, MI is $123,880. This typically ranges from $66,500 for entry-level positions to $195,880 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Traverse City, MI is 23.1% lower than the national median of $161,040.

Is Traverse City, MI a lucrative place for Sales Managers?

Moderately lucrative, with a balanced cost of living.While the average salary of $123,880 is below the national average, the cost of living is also at the national average, making the purchasing power comparable. The slightly lower concentration of professionals suggests a stable job market.

Is Traverse City, MI a good place to live for Sales Managers?

The Cost of Living Index in Traverse City, MI is 100. While higher than average, this often correlates with higher wages.

How does Traverse City's Sales Manager salary compare to the national average?

Sales Managers in Traverse City earn an average of $123,880 annually, which is approximately 23% lower than the national average of $161,040.

What is the cost of living in Traverse City, MI for Sales Managers?

Traverse City's cost of living index is 100, which is exactly the national average. This means your salary has the same purchasing power as it would in a typical US city.

How many Sales Managers are there in Traverse City, MI?

The total local workforce for Sales Managers in Traverse City, MI is approximately 240 individuals.

Is the job market for Sales Managers competitive in Traverse City, MI?

With a Location Quotient of 0.91, the market is slightly less concentrated than the national average, suggesting a moderately competitive environment with stable demand.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Traverse City, MI area with a job density of 3.565 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 Traverse City, MI