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Best States For A Managing Director

Rank:

Average Salary:

It seems like Managing Directors are becoming more and more common across America. But working conditions for Managing Directors aren’t the same everywhere in the U.S.

Our research found that Delaware is the best state for Managing Directors, while Maryland and Delaware are ranked highest in terms of median salary.

Delaware has a median salary of $159,175 and Maryland has the highest median salary among all 50 states for Managing Directors.

To that end, we dove into our dataset of job and salary numbers to figure out which states have the best opportunities for Managing Directors. Delaware is the best state for Managing Directors -- the median salary for Managing Directors in Delaware is $159,175.

Our research put Maryland at no. 1 on the list of best paying states for Managing Directors. Delaware, District of Columbia, and New Jersey also ranked high on our list.

The 10 Best States In America For Managing Directors in 2020

  1. Delaware
  2. Rhode Island
  3. Connecticut
  4. New Jersey
  5. New York
  6. District of Columbia
  7. Maryland
  8. Pennsylvania
  9. Massachusetts
  10. North Carolina
  • (155 jobs)
  • (147 jobs)
  • (485 jobs)
  • (1,133 jobs)
  • (2,846 jobs)
  • (438 jobs)
  • (625 jobs)
  • (1,025 jobs)
  • (1,588 jobs)
  • (862 jobs)

In order to help Managing Directors decide where to work, we compared the 50 states and the District of Columbia across the metrics mentioned above.

Our data set includes average annual wages, entry and senior wages, and the number of available jobs per capita.

Some of the companies that are hiring for Managing Directors include The Bear Stearns Companies LLC and JPMorgan Chase.

Check out the ranking of the best states for Managing Directors below.

If you're interested, you can read more about the job scene here:

The 10 Best States For Managing Directors In 2020

1. Delaware

Total Managing Director Jobs: Average Annual Salary: Lowest 10 Percent Earn: Highest 10 Percent Earn: Location Quotient:
155 $159,175 $99,000 $254,000 1.57
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Managing Director Jobs in Delaware

2. Rhode Island

Total Managing Director Jobs: Average Annual Salary: Lowest 10 Percent Earn: Highest 10 Percent Earn: Location Quotient:
147 $154,353 $95,000 $249,000 1.37
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Managing Director Jobs in Rhode Island

3. Connecticut

Total Managing Director Jobs: Average Annual Salary: Lowest 10 Percent Earn: Highest 10 Percent Earn: Location Quotient:
485 $156,550 $97,000 $252,000 1.26
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Managing Director Jobs in Connecticut

4. New Jersey

Total Managing Director Jobs: Average Annual Salary: Lowest 10 Percent Earn: Highest 10 Percent Earn: Location Quotient:
1,133 $158,543 $98,000 $253,000 1.21
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Managing Director Jobs in New Jersey

5. New York

Total Managing Director Jobs: Average Annual Salary: Lowest 10 Percent Earn: Highest 10 Percent Earn: Location Quotient:
2,846 $156,791 $97,000 $252,000 1.79
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Managing Director Jobs in New York

6. District of Columbia

Total Managing Director Jobs: Average Annual Salary: Lowest 10 Percent Earn: Highest 10 Percent Earn: Location Quotient:
438 $158,610 $99,000 $253,000 1.84
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Managing Director Jobs in District of Columbia

7. Maryland

Total Managing Director Jobs: Average Annual Salary: Lowest 10 Percent Earn: Highest 10 Percent Earn: Location Quotient:
625 $159,674 $99,000 $254,000 0.88
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Managing Director Jobs in Maryland

8. Pennsylvania

Total Managing Director Jobs: Average Annual Salary: Lowest 10 Percent Earn: Highest 10 Percent Earn: Location Quotient:
1,025 $149,250 $90,000 $245,000 0.76
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Managing Director Jobs in Pennsylvania

9. Massachusetts

Total Managing Director Jobs: Average Annual Salary: Lowest 10 Percent Earn: Highest 10 Percent Earn: Location Quotient:
1,588 $142,367 $85,000 $236,000 1.57
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Managing Director Jobs in Massachusetts

10. North Carolina

Total Managing Director Jobs: Average Annual Salary: Lowest 10 Percent Earn: Highest 10 Percent Earn: Location Quotient:
862 $138,961 $82,000 $234,000 0.88
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Managing Director Jobs in North Carolina

How We Determined The Best States To Be A Managing Director

You can read about how the best state rankings are calculated here.

Detailed List Of The Best States For A Managing Director

Rank State Average Salary
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