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Average Training and Development Managers Salary in Waco, TX

The average salary for Training and Development Managerss in Waco, TX is $116,860. While this is lower than the national average, the cost of living in Waco, TX may offset the difference, preserving real purchasing power. Notably, Waco, TX is a key hub for this profession, with a job concentration 1.39x higher than average.

Executive Summary

  • Average Salary: $116,860 per year.
  • Growth Trend: Salaries have shifted 10.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $189,990.
  • Outlook: The current demand for Training and Development Managerss is stable, with a local workforce of approximately 50 professionals. This role remains a specialized component of the broader Waco, TX economy.
2024 Market Data

Salary Overview

$116,860

The average Training and Development Managers in Waco, TX earns-18.4%below the national average.

BreakdownBased on 40h/week
Hourly

$56.2

Weekly

$2,247

Monthly

$9,738

Training and Development Managers Salary Distribution in Waco, TX

The earning potential for Training and Development Managerss in Waco, TX varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.2x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $59,980, while highly experienced professionals can command wages upwards of $189,990.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$59,980$28.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$87,645$42.1
ManagerOversees team, compliance, and project delivery.50% (Median)$113,130$54.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$146,075$70.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$189,990$91.3

Detailed Training and Development Managers Market Analysis

Relocation Context

Nominal Salary

$116,860

Gross Pay

Real Wage (Purchasing Power)

$116,860

Adjusted for COL (100)

In Waco, TX, the Cost of Living Index is 100. This increases your effective purchasing power from $116,860 to $116,860.

Job Market Context

50

Total Jobs

0.406

Per 1K Jobs

1.39

Location Quotient

Above Average

With a location quotient of 1.39, Waco, TX has a slightly higher-than-average concentration of Training and Development Managers roles compared to the national norm.

50 people work as Training and Development Managers in Waco, TX.

Only 0.406 out of every 1,000 local jobs are Training and Development Managers roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Training and Development Managers

Comparing salaries near Waco, TX

Hiring Training and Development Managerss?

Frequently Asked Questions

How much does a Training and Development Managers make in Waco, TX?

The median annual salary for a Training and Development Managers in Waco, TX is $116,860. This typically ranges from $59,980 for entry-level positions to $189,990 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Waco, TX is 18.4% lower than the national median of $143,190.

Is Waco, TX a good place for Training and Development Managerss?

Yes, Waco, TX is highly recommended due to strong job demand. While salaries are competitive ($116,860), the area is particularly notable for its high job density for Training and Development Managerss. See distinct detailed breakdown below.

Is Waco, TX a good place to live for Training and Development Managers?

The Cost of Living Index in Waco, TX is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Waco, TX?

Some top paying nearby cities include North Region of Texas nonmetropolitan area ($125,220) and Hill Country Region of Texas nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 50 employees in the Waco, TX area with a job density of 0.406 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.