Sales Managers Employment and Wages in 2022

In 2022, the Sales Managers occupation accounted for over 536 thousand jobs in the United States, reflecting an increase of 18.2% from 2021. The annual mean wage in 2022 was $150,530, and the median wage was $130,600. Compared to the national average for all occupations, the wages for this occupation were higher by 143.2%.

Industry Sub-Groups

Among industry sectors, Wholesale Trade held the largest number of jobs for the Sales Managers occupation, employing over 110 thousand people in 2022. The annual mean wage in this sector was $148,220, with a median wage of $129,800. There was a decrease in wage variance to the national average compared to 2021, with the variance shifting from 0.9% to -1.5%, indicating industry sector wages lagged national wage trends.

Retail Trade accounted for a substantial employment share for this occupation, with 98 thousand people employed in 2022. The annual mean wage for this sub-group was $110,300, and the median wage was $82,540. In terms of wage variance to the national average, there was an increase compared to 2021, with the variance shifting from -28.9% to -26.7%.

The Professional, Scientific, and Technical Services sector also had considerable industry employment, with approximately 72 thousand people employed in 2022. The annual mean wage in this sub-group was $176,880 and the median wage was $160,590. The wage variance to the national average experienced a decrease compared to 2021, with the variance shifting from 17.9% to 17.5%.

Highest Location Concentration

When we examine the top locations in terms of proportional employment within the Sales Managers occupation, we find that San Jose-Sunnyvale-Santa Clara, CA had the highest concentration of jobs (2.5 times the national occupational employment share). The location had an annual mean wage in 2022, at $212,680, and a median wage of $180,400. The location variance to the national average was 41.3%. San Francisco-Oakland-Hayward, CA had the next highest concentration of jobs (2.1 times the national occupational employment share) and an annual mean wage of $180,480 and a median wage of $165,630. The industry variance to the national average was 19.9%. Bridgeport-Stamford-Norwalk, CT had 1.9 times the national occupational employment share and an annual mean wage of $155,590 and a median wage of $131,850. The industry variance to the national average was 3.4%.

Summary

In 2022, Sales Managers saw a remarkable 18.2% increase in employment, exceeding 536,000 jobs in the US, with wages averaging $150,530 annually, 143.2% higher than the national occupational average. Wholesale Trade employed the most Sales Managers, over 110,000 individuals, with wages slightly below the national average, while Retail Trade, employing 98,000, reported significantly lower wages. The Professional, Scientific, and Technical Services sector also played a notable role, with around 72,000 employees and wages exceeding the national average. In terms of job concentration, San Jose-Sunnyvale-Santa Clara, CA, and San Francisco-Oakland-Hayward, CA, showed high concentrations and impressive wages, significantly surpassing the national average, while Bridgeport-Stamford-Norwalk, CT, reported jobs slightly above the national average.

For more detailed insights, visit our Sales Managers Dashboard or consider purchasing Aimiax’s 2022 Sales Managers Occupation Report.