Average Training and Development Managers Salary in Raleigh-Cary, NC
Training and Development Managers in Raleigh-Cary, NC, command an impressive average annual salary of $126,370. This figure, while below the national average of $143,190, reflects a localized market dynamic. Factors such as the specific industry demands and the concentration of businesses requiring robust employee development programs in the Raleigh-Cary area contribute to this compensation.
Executive Summary
- Average Salary: $126,370 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $190,340.
- Outlook: The Raleigh-Cary area supports a dedicated workforce of 450 Training and Development Managers, indicating a substantial local presence in this field. With a Location Quotient of 2.13, this profession is significantly more concentrated here than the national average, suggesting a robust demand for these specialized skills within the region's economic landscape.
Salary Overview
The average Training and Development Managers in Raleigh-Cary, NC earns-11.7%below the national average.
$60.8
$2,430
$10,531
Training and Development Managers Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Training and Development Managers in Raleigh-Cary have experienced consistent growth over the past four years. This trend is generally driven by the increasing emphasis on continuous learning, upskilling, and employee engagement strategies within organizations, leading to higher compensation for experienced professionals.
Training and Development Managers Salary Distribution in Raleigh-Cary, NC
The salary spectrum for Training and Development Managers in Raleigh-Cary, NC, naturally widens with experience. Entry-level positions typically start at the lower percentiles, while seasoned professionals with extensive expertise and a proven track record in designing and implementing effective training programs can command salaries in the upper percentiles. These percentile gaps are indicative of significant career progression opportunities within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $75,190 | $36.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $94,778 | $45.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $109,990 | $52.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $157,963 | $75.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $190,340 | $91.5 |
Detailed Training and Development Managers Market Analysis
Relocation Context
Nominal Salary
$126,370
Gross Pay
Real Wage (Purchasing Power)
$126,370
Adjusted for COL (100)
The average annual salary of $126,370 in Raleigh-Cary, NC, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Training and Development Manager's salary in this region is equivalent to the national standard, offering a stable financial footing for residents.
Job Market Context
450
Total Jobs
0.621
Per 1K Jobs
2.13
Location Quotient
Raleigh-Cary, NC has 2.1x the national concentration of Training and Development 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 2.13 for Training and Development Managers in Raleigh-Cary signifies that this profession is more than twice as concentrated in this area compared to the national average. This indicates a highly competitive and specialized job market, where employers actively seek out and value professionals with expertise in training and development.
Nearby Job Markets
Nearby Cities for Training and Development Managers
| City | Salary | Dist. |
|---|---|---|
| Durham-Chapel Hill, NC Training and Development Managers Salary | $141,850↑ 12% | 18 mi |
Comparing salaries near Raleigh-Cary, NC
Hiring Training and Development Managerss?
Frequently Asked Questions
How much does a Training and Development Managers make in Raleigh-Cary, NC?
The median annual salary for a Training and Development Managers in Raleigh-Cary, NC is $126,370. This typically ranges from $75,190 for entry-level positions to $190,340 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Raleigh-Cary, NC is 11.7% lower than the national median of $143,190.
Is Raleigh-Cary, NC a lucrative place for Training and Development Managerss?
Yes, with a strong concentration of roles.While the average salary is slightly below the national average, the high Location Quotient of 2.13 indicates a robust demand and concentration of these roles, suggesting good career prospects and competitive compensation within the local market.
Is Raleigh-Cary, NC a good place to live for Training and Development 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 ($141,850) and others.
How does the Raleigh-Cary salary compare to the national average?
The average salary for Training and Development Managers in Raleigh-Cary, NC, is $126,370, which is approximately 11.7% lower than the national average of $143,190.
What is the concentration of Training and Development Managers in Raleigh-Cary?
Raleigh-Cary has a Location Quotient of 2.13 for this role, meaning the concentration of these professionals is more than double the national average.
How does the cost of living affect the salary in Raleigh-Cary?
With a Cost of Living Index of 100, the national average, the $126,370 salary in Raleigh-Cary offers purchasing power equivalent to the national standard.
What does the job market look like for Training and Development Managers in Raleigh-Cary?
The market is robust, with a significant local workforce of 450 and a high concentration (LQ 2.13), suggesting strong demand and opportunities for skilled professionals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 450 employees in the Raleigh-Cary, NC area with a job density of 0.621 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Training and Development Managers Salaries by State
Top Jobs in Raleigh-Cary, NC
- All Occupations Salary in Raleigh-Cary, NC
- Office and Administrative Support Occupations Salary in Raleigh-Cary, NC
- Sales and Related Occupations Salary in Raleigh-Cary, NC
- Food Preparation and Serving Related Occupations Salary in Raleigh-Cary, NC
- Business and Financial Operations Occupations Salary in Raleigh-Cary, NC
- Transportation and Material Moving Occupations Salary in Raleigh-Cary, NC
- Management Occupations Salary in Raleigh-Cary, NC
- Healthcare Practitioners and Technical Occupations Salary in Raleigh-Cary, NC
- Computer and Mathematical Occupations Salary in Raleigh-Cary, NC
- Educational Instruction and Library Occupations Salary in Raleigh-Cary, NC
- Browse All Jobs in Raleigh-Cary, NC →
Semantic Salary Analysis for Training and Development Managers • Data source: BLS OEWS 2024 •Jobs in Raleigh-Cary, NC