Management occupations

Broad Occupation

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2024 Workforce
17.5M
Average Age
45.5
Average Salary
$120,590
Average Male Salary
$138,657
Average Female Salary
$97,225

About

Management occupations are most often employed by the Construction industry. The average yearly wage for Management occupations was $120,590 in 2024.

Photo by Roman Kruglov
Management, business, & financial occupationsManagement, business, science, & arts occupations

Employment

Employment and salary information for the Management occupations workforce. Management occupations workforce in 2024 was 17,543,906 people, of which 43.6% were women and 56.4% were men. Management occupations are paid most in Western Central PUMA, CT but are relatively concentrated in Los Angeles County--Redondo Beach, Manhattan Beach & Hermosa Beach Cities PUMA, CA.

Employment Over Time

Metric
Grouping
9,893,818
Male Workforce
± 74.7k
7,650,088
Female Workforce
± 66.2k

The Management occupations workforce in 2024 was 17,543,906 people (43.6% women and 56.4% men). This implies an average annual growth of 33.9% between 2014 (13,103,064) and 2024 (17,543,906).

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Employment by Location

Level
Metric

This map shows the states in the United States shaded by average wage for Management occupations.

During 2024, the states that concentrated the best average annual wage were Connecticut ($156,188), District of Columbia ($155,013), and New Jersey ($148,160).

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Yearly Wage Ranking

$120,590
AVERAGE WAGE
#2 in the ranking (2014)
$69,878
NATIONAL AVERAGE WAGE
For all occupations across the US

In 2024, Management occupations earned an average of $120,590, $50,713 more than the average national salary of $69,878

The graph shows the ranking of Management occupations in relation to all Broad Occupation in 2014.

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Wage Distribution

Gender
0.417
WAGE GINI

In 2024, Management occupations had a wage GINI coefficient of 0.417, which is lower than the national average of 0.474. In other words, wages are distributed more evenly for Management occupations (shown in red) than for the overall labor force (shown in gray).

The graphic shows the distribution of average salaries by buckets for Management occupations compared to the entire workforce in the country.

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Industry

Information on the industries that employ Management occupations and on wages 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 ($276,862).

Occupations by Industries

Metric
Value
17.5M
2024 Workforce
± 96,840
2.81%
1 YEAR GROWTH
± 0.765%

This graphic shows the share of Management occupations employed by various industries. Construction employs the largest share of Management occupations at 38.5%, followed by Restaurants & Food Services with 27% and Computer Systems Design with 18.7%.

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Diversity

Demographic information on Management occupations in the US. The workforce of Management occupations in 2024 was 17,543,906 people, with 43.6% woman, and 56.4% men. The average age of male Management occupations in the workforce is 46.4 and of female Management occupations is 44.3, and the most common race/ethnicity for Management occupations is White.

Gender and Age

Metric

The workforce of Management occupations in 2024 was 17,543,906 people, with 43.6% woman, and 56.4% men.

The age ranges that concentrated the largest workforce were 40 to 44 years (2,348,553 people), 35 to 39 years (2,261,518  people), and 50 to 54 years (2,239,517 people). Among them they concentrated 39.1% of the total workforce.

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Ethnicity

Gender

In 2024, 13.1% of Management occupations workers were Hispanic and 86.9% non-Hispanic.

The treemap shows the distribution of Hispanic workers according to their origin, highlighting Mexican (50.3%), Puerto Rican (13.2)%, and Cuban (5.69)%

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Races

In 2024, 70.7% of the Management occupations workforce were White, of which 41.9% were women and 58.1% men. Other races that concentrated a significant number of workers were Two or More Races (9.79%) and Black (8.31%).

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Education & Skills

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 the most specialized major according to RCA in 2024 were Construction.

Among the necessary skills for Management occupations, Speaking stands, but the revealed comparative advantage (RCA) shows that Management occupations need more than the average amount of Management of Financial Resources.

Majors

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

The most common majors achieved by Management occupations in 2024 (counting all academic degrees) were Business (3,131,148 people), Engineering (973,259 people), and Social Sciences (877,989 people).

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Education Levels

Metric

The main educational levels achieved by the Management occupations workers were Bachelors Degree (6,369,496 people), Graduate Degree (3,981,569 people), and Some college (2,998,754 people).

The graphic shows the Management occupations workforce by gender and educational level.

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Skills

Chart
Value

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 Speaking, Monitoring, Management of Personnel Resources.

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