Management occupations

Broad Occupation

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2020 Workforce

15.2M

Average Age

45.4

Average Salary

$100,551

Average Male Salary

$116,162

Average Female Salary

$78,953

About

Management occupations are most often employed by the Construction industry. The average yearly wage for Management occupations was $100,551 in 2016. The top 3 most similar occupations to Management occupations by wage are Computer & mathematical occupations, Architecture & engineering occupations, and Business & financial operations occupations.

Management occupations are part of the Management, business, & financial occupations, along with Management occupations and Business & financial operations occupations.

The top 3 locations that employ the most Management occupations are Upper East Side PUMA, NY, Newport Beach, Aliso Viejo & Laguna Hills Cities PUMA, CA, and District of Columbia (Central) PUMA, DC. The top 3 locations with a relatively high concentration of Management occupations are San Ramon City & Danville Town PUMA, CA, San Rafael (South), Mill Valley & Sausalito Cities PUMA, CA, and Upper East Side PUMA, NY.

Photo by Roman Kruglov

Information on the businesses and industries that employ Management occupations and on wages and locations for those in the field. Construction is the industry that employs the most Management occupations, both by share and by number, though the highest paid industry for Management occupations, by average wage, is Internet publishing, broadcasting & web search portals. Management occupations are paid most in Fairfield, New Canaan, Wilton, Weston & Easton Towns PUMA, CT but are relatively concentrated in San Ramon City & Danville Town PUMA, CA.

Yearly Wage

$100,551

AVERAGE SALARY

± $620

In 2020, Management occupations earned an average of $100,551, $44,597 more than than the average national salary of $55,954.

Legal Occupations make somewhat more than Management occupations while Computer & mathematical occupations make somewhat less. This chart shows the various occupations closest to Management occupations as measured by average annual salary in the US.

Wage Distribution

0.422

WAGE GINI

In 2015, Management occupations had a wage GINI coefficient of 0.422, which is lower than than the national average of 0.478. In other words, wages are distributed more evenly for Management occupations (shown in red) than for the overall labor force (shown in gray).

Wage by Location

HIGHEST PAYING PUMAS

This map shows the Public Use Microdata Areas (PUMAs) in the United States shaded by average annual wage for Management occupations.

Spatial Concentration

PUMAs with a Relatively High Concentration of Management occupations

This map displays which Public Use Microdata Areas (PUMAs) in the United States have a relatively high population of Management occupations.

Most Common

The most common industries employing Management occupations, by number of employees, are Construction, Restaurants & Food Services, Banking & related activities, Computer Systems Design, Elementary & secondary schools, Colleges, universities & professional schools, including junior colleges, Lessors of real estate, and offices of real estate agents and brokers, General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals, Management, scientific & technical consulting services, Civic, social, advocacy organizations, & grantmaking & giving services, and Executive offices & legislative bodies.

Highest Paying

The highest paying industries for Management occupations, by average wage, are Internet publishing, broadcasting & web search portals, Securities, commodities, funds, trusts & other financial investments, and Pharmaceutical & medicine manufacturing.

Industries by Share

15.2M

2020 Workforce

± 90,774

3.01%

1 YEAR GROWTH

± 0.825%

The number of people employed as Management occupations has been growing at a rate of 3.01%, from 14,791,779 people in 2019 to 15,236,380 people in 2020.

This graphic shows the share of Management occupations employed by various industries. Construction employs the largest share of Management occupations at 8.21%, followed by Restaurants & Food Services with 7.2% and Banking & related activities with 4.05%.

Diversity

Demographic information on Management occupations in the US. The average age of male Management occupations in the workforce is 46.2 and of female Management occupations is 44.2, and the most common race/ethnicity for Management occupations is White (Non-Hispanic).

Composition by Sex

8.84M

MALE WORKFORCE

± 70,801

6.39M

FEMALE WORKFORCE

± 60,720

58% of Management occupations are Male, making them the more common sex in the occupation. This chart shows the sex breakdown of Management occupations.

Race & Ethnicity

Most Common Race or Ethnicity of Management occupations

White (Non-Hispanic)
Black (Non-Hispanic)
White (Hispanic)

72.3% of Management occupations are White (Non-Hispanic), making that the most common race or ethnicity in the occupation. Representing 7.65% of Management occupations, Black (Non-Hispanic) is the second most common race or ethnicity in this occupation. This chart shows the racial and ethnic breakdown of Management occupations.

Age by Sex

46.2

AVERAGE MALE AGE

± 0.104

44.2

AVERAGE FEMALE AGE

± 0.122

The median age of Management occupations is 45.4, and Male employees are generally 1.97 years older than than their Female counterparts.

Education

Data on higher education choices for Management occupations from The Department of Education and Census Bureau. The most common major for Management occupations is Business but a relatively high number of Management occupations hold a major in Construction.

Majors

ACS PUMS data only shows the major for bachelor's degrees. However, we can filter the data based on highest degree obtained.

MOST COMMON MAJORS

MOST SPECIALIZED MAJORS

Skills

Data on the critical and distinctive skills necessary for Management occupations from the Bureau of Labor Statistics. Management occupations need many skills, but most especially Reading Comprehension. The revealed comparative advantage (RCA) shows that Management occupations need more than the average amount of Management of Financial Resources, Management of Material Resources, and Management of Personnel Resources.