Best cities for a managing director
The best cities for managing directors are New York, NY, Newark, NJ, and Raleigh, NC, based on factors like average salary and job availability per capita. Jobs and pay for managing directors vary across the country, but we've determined the ten best cities for managing directors in the U.S.
Whether you're starting your career as a managing director or considering a move, this list of the best cities for managing directors to live in will help you decide. These aren't just the best-paying cities for managing directors. We also consider how easy it is to find work as a managing director. While the absolute best city for managing directors is New York, NY, there are plenty of other great places to consider.
Keep reading to learn more about the best cities for managing directors in 2024.
If you're looking for a managing director job, here are five companies hiring now:
10 best cities for managing directors in 2026
1. New York, NY
Managing director jobs in New YorkTotal managing director jobs: 6 Average annual salary: $184,800 Lowest 10 percent warn: $103,000 Highest 10 percent earn: $328,000 Location quotient: 7.74 2. Newark, NJ
Managing director jobs in NewarkTotal managing director jobs: 25 Average annual salary: $156,844 Lowest 10 percent warn: $88,000 Highest 10 percent earn: $279,000 Location quotient: 2.65 3. Raleigh, NC
Managing director jobs in RaleighTotal managing director jobs: 42 Average annual salary: $136,419 Lowest 10 percent warn: $75,000 Highest 10 percent earn: $245,000 Location quotient: 1.99 4. Boston, MA
Managing director jobs in BostonTotal managing director jobs: 160 Average annual salary: $150,294 Lowest 10 percent warn: $83,000 Highest 10 percent earn: $269,000 Location quotient: 2.76 5. Washington, DC
Managing director jobs in WashingtonTotal managing director jobs: 213 Average annual salary: $157,328 Lowest 10 percent warn: $88,000 Highest 10 percent earn: $280,000 Location quotient: 4.56 6. Toledo, OH
Total managing director jobs: 9 Average annual salary: $124,029 Lowest 10 percent warn: $68,000 Highest 10 percent earn: $225,000 Location quotient: 2.50 7. Lubbock, TX
Total managing director jobs: 14 Average annual salary: $117,965 Lowest 10 percent warn: $63,000 Highest 10 percent earn: $217,000 Location quotient: 5.78 8. Nashville, TN
Managing director jobs in NashvilleTotal managing director jobs: 44 Average annual salary: $117,973 Lowest 10 percent warn: $64,000 Highest 10 percent earn: $217,000 Location quotient: 2.07 9. Columbus, OH
Managing director jobs in ColumbusTotal managing director jobs: 69 Average annual salary: $123,668 Lowest 10 percent warn: $68,000 Highest 10 percent earn: $224,000 Location quotient: 1.91 10. Charlotte, NC
Managing director jobs in CharlotteTotal managing director jobs: 85 Average annual salary: $132,004 Lowest 10 percent warn: $72,000 Highest 10 percent earn: $240,000 Location quotient: 1.77
Choose from 10+ customizable managing director resume templates
Choose from a variety of easy-to-use managing director resume templates and get expert advice from Zippia’s AI resume writer along the way. Using pre-approved templates, you can rest assured that the structure and format of your managing director resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.
Best cities for managing directors
- New York, NY
- Newark, NJ
- Raleigh, NC
- Boston, MA
- Washington, DC
- Toledo, OH
- Lubbock, TX
- Nashville, TN
- Columbus, OH
- Charlotte, NC
Detailed list of the best cities for a managing director
| Rank | City | Average salary | Lowest 10% Earn | Population | Job count |
|---|---|---|---|---|---|
| 1 | New York, NY | $184,800 | $103,000 | 8,537,673 | 6 |
| 2 | Newark, NJ | $156,844 | $88,000 | 281,764 | 25 |
| 3 | Raleigh, NC | $136,419 | $75,000 | 458,880 | 42 |
| 4 | Boston, MA | $150,294 | $83,000 | 673,184 | 160 |
| 5 | Washington, DC | $157,328 | $88,000 | 681,170 | 213 |
| 6 | Toledo, OH | $124,029 | $68,000 | 278,508 | 9 |
| 7 | Lubbock, TX | $117,965 | $63,000 | 252,506 | 14 |
| 8 | Nashville, TN | $117,973 | $64,000 | 660,388 | 44 |
| 9 | Columbus, OH | $123,668 | $68,000 | 860,090 | 69 |
| 10 | Charlotte, NC | $132,004 | $72,000 | 842,051 | 85 |
| 11 | Durham, NC | $136,216 | $75,000 | 263,016 | 18 |
| 12 | Winston-Salem, NC | $134,038 | $73,000 | 242,203 | 5 |
| 13 | Philadelphia, PA | $120,959 | $67,000 | 1,567,872 | 63 |
| 14 | Fort Worth, TX | $118,011 | $63,000 | 854,113 | 25 |
| 15 | Chicago, IL | $124,033 | $67,000 | 2,704,958 | 235 |
| 16 | Greensboro, NC | $134,791 | $74,000 | 287,027 | 6 |
| 17 | Oakland, CA | $142,693 | $78,000 | 420,005 | 26 |
| 18 | Virginia Beach, VA | $137,916 | $77,000 | 452,602 | 8 |
| 19 | Jersey City, NJ | $156,922 | $88,000 | 264,152 | 27 |
| 20 | Dallas, TX | $117,697 | $63,000 | 1,317,929 | 89 |
| 21 | San Francisco, CA | $142,852 | $78,000 | 870,887 | 228 |
| 22 | Detroit, MI | $125,508 | $69,000 | 672,795 | 19 |
| 23 | Houston, TX | $120,078 | $64,000 | 2,303,482 | 138 |
| 24 | El Paso, TX | $121,052 | $65,000 | 683,080 | 7 |
| 25 | Denver, CO | $126,758 | $69,000 | 693,060 | 183 |
| 26 | Los Angeles, CA | $138,298 | $75,000 | 3,976,322 | 212 |
| 27 | Las Vegas, NV | $118,364 | $64,000 | 632,912 | 27 |
| 28 | Sacramento, CA | $140,921 | $77,000 | 495,234 | 43 |
| 29 | Henderson, NV | $118,201 | $63,000 | 292,969 | 3 |
| 30 | Austin, TX | $120,844 | $65,000 | 947,890 | 70 |
| 31 | Norfolk, VA | $137,746 | $77,000 | 245,115 | 6 |
| 32 | Cleveland, OH | $126,336 | $69,000 | 385,809 | 11 |
| 33 | Madison, WI | $123,889 | $67,000 | 252,551 | 14 |
| 34 | Fresno, CA | $141,272 | $77,000 | 522,053 | 8 |
| 35 | Buffalo, NY | $181,900 | $101,000 | 256,902 | 5 |
| 36 | Chesapeake, VA | $137,587 | $77,000 | 237,940 | 2 |
| 37 | Lincoln, NE | $105,781 | $58,000 | 280,364 | 26 |
| 38 | New Orleans, LA | $135,210 | $73,000 | 391,495 | 4 |
| 39 | Brookhaven, NY | $185,960 | $104,000 | 486,040 | - |
| 40 | Islip, NY | $185,612 | $104,000 | 335,543 | - |
| 41 | Oyster Bay, NY | $185,315 | $104,000 | 293,214 | - |
| 42 | Long Beach, CA | $137,647 | $74,000 | 470,130 | 8 |
| 43 | Cincinnati, OH | $120,266 | $65,000 | 298,800 | 13 |
| 44 | San Antonio, TX | $120,066 | $64,000 | 1,492,510 | 22 |
| 45 | Hempstead, NY | $185,119 | $104,000 | 759,757 | - |
| 46 | Riverside, CA | $137,126 | $74,000 | 324,722 | 8 |
| 47 | Oklahoma City, OK | $104,520 | $56,000 | 638,367 | 34 |
| 48 | Scottsdale, AZ | $106,330 | $57,000 | 246,645 | 18 |
| 49 | Milwaukee, WI | $126,343 | $69,000 | 595,047 | 7 |
| 50 | Saint Paul, MN | $109,099 | $60,000 | 302,398 | 35 |
Highest paying cities for managing directors
| Rank | City | Avg. managing director salary |
|---|---|---|
| 1 | New York, NY | $184,800 |
| 2 | Stamford, CT | $163,617 |
| 3 | Washington, DC | $157,328 |
| 4 | Jersey City, NJ | $156,922 |
| 5 | Boston, MA | $150,294 |
| 6 | Menlo Park, CA | $143,005 |
| 7 | Arlington, VA | $138,368 |
| 8 | Raleigh, NC | $136,419 |
| 9 | Baltimore, MD | $130,386 |
| 10 | Denver, CO | $126,758 |
| 11 | Cleveland, OH | $126,336 |
| 12 | Seattle, WA | $126,084 |
| 13 | Chicago, IL | $124,032 |
| 14 | Philadelphia, PA | $120,959 |
| 15 | Austin, TX | $120,844 |
| 16 | Portland, ME | $120,442 |
| 17 | Las Vegas, NV | $118,364 |
| 18 | Columbus, GA | $111,800 |
| 19 | Minneapolis, MN | $108,888 |
| 20 | Portland, OR | $107,968 |
Managing director best cities FAQs
Have more questions? See all answers to common executive management questions.
Search for managing director jobs
Updated January 8, 2025