Marketing Managers (11-2021) in Waterbury Labor Market Area

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Marketing Managers (11-2021) in Waterbury Labor Market Area

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Waterbury LMA (1Q 2023)
All Industry
Estimated employment		120
Mean wage		$67.96
Entry wage		$39.44
10th percentile wage		$35.79
50th percentile wage		$64.42
90th percentile wage		$99.47

Top Employing Industries
Industry	Employment / Percent
Professional, Scientific, and Technical Services	20	17.7%

Top Paying Industries
Industry	Employment / Median Wage
Professional, Scientific, and Technical Services	20	$96.15

Marketing Managers (11-2021)

Plan, direct, or coordinate marketing policies and programs, such as determining the demand for products and services offered by a firm and its competitors, and identify potential customers. Develop pricing strategies with the goal of maximizing the firm's profits or share of the market while ensuring the firm's customers are satisfied. Oversee product development or monitor trends that indicate the need for new products and services.


Median Wage History
Year	This Occupation		Compared to Occupational Group		Difference
Current	$64.42		$50.00		$14.42
2022	$63.17	+2.0%	$49.03	+2.0%	$14.14
2021	$60.32	+4.7%	$46.82	+4.7%	$13.50
2020	$58.99	+2.3%	$45.78	+2.3%	$13.20
2019	$57.65	+2.3%	$44.74	+2.3%	$12.90
2018	$56.10	+2.8%	$43.54	+2.8%	$12.56
2017	$54.76	+2.4%	$42.50	+2.4%	$12.26
2016	$53.22	+2.9%	$41.30	+2.9%	$11.91
2015	$51.92	+2.5%	$40.30	+2.5%	$11.62
2014	$50.88	+2.1%	$39.49	+2.1%	$11.39
Year	This Occupation		Compared to All Occupations		Difference
Current	$64.42		$23.07		$41.35
2022	$63.17	+2.0%	$22.30	+3.4%	$40.86
2021	$60.32	+4.7%	$21.10	+5.7%	$39.22
2020	$58.99	+2.3%	$20.38	+3.5%	$38.61
2019	$57.65	+2.3%	$19.80	+2.9%	$37.85
2018	$56.10	+2.8%	$19.22	+3.0%	$36.88
2017	$54.76	+2.4%	$18.67	+2.9%	$36.09
2016	$53.22	+2.9%	$18.24	+2.4%	$34.98
2015	$51.92	+2.5%	$17.78	+2.6%	$34.14
2014	$50.88	+2.1%	$17.40	+2.2%	$33.48

Note: The mid-wage is the median wage. The average wage is the mean wage. The entry-level wage is equal to the average of the lower third of reported wages for the occupation. The wage range consists of the 10th and 90th percentiles; 80% of workers earn between this wage range, 10% earn less while 10% earn more.
Reference Date: 1st Quarter 2023

Top Areas For This Occupation

Best Pay
Median Wage / Employment
Bridgeport-Stamford	$81.81	2,510
Danbury	$71.13	230
New Haven	$66.64	740
Hartford	$65.28	1,690
Waterbury	$64.42	120

Highest Employment
Median Wage / Employment
Bridgeport-Stamford	$81.81	2,510
Hartford	$65.28	1,690
New Haven	$66.64	740
Danbury	$71.13	230
Norwich-New London	$62.70	190


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