Marketing Managers Employment and Wages in 2022

In 2022, the Marketing Managers occupation accounted for over 329 thousand jobs in the United States, reflecting an increase of 17.9% from 2021. The annual mean wage in 2022 was $158,280, and the median wage was $140,040. Compared to the national average for all occupations, the wages for this occupation were higher by 155.7%.

Industry Sub-Groups

Among industry sectors, Professional, Scientific, and Technical Services held the largest number of jobs for the Marketing Managers occupation, employing over 87 thousand people in 2022. The annual mean wage in this sector was $162,150, with a median wage of $148,810. There was a decrease in wage variance to the national average compared to 2021, with the variance shifting from 5.7% to 2.4%, indicating industry sector wages lagged national wage trends.

Management of Companies and Enterprises accounted for a substantial employment share for this occupation, with 45 thousand people employed in 2022. The annual mean wage for this sub-group was $169,380, and the median wage was $162,870. In terms of wage variance to the national average, there was an increase compared to 2021, with the variance shifting from 5.5% to 7%.

The Information sector also had considerable industry employment, with approximately 35 thousand people employed in 2022. The annual mean wage in this sub-group was $193,000 and the median wage was $169,630. The wage variance to the national average experienced an increase compared to 2021, with the variance shifting from 13.5% to 21.9%.

Highest Location Concentration

When we examine the top locations in terms of proportional employment within the Marketing Managers occupation, we find that San Jose-Sunnyvale-Santa Clara, CA had the highest concentration of jobs (2.9 times the national occupational employment share). The location had an annual mean wage in 2022, at $237,080, and a median wage of $212,380. The location variance to the national average was 49.8%. Bridgeport-Stamford-Norwalk, CT had the next highest concentration of jobs (2.9 times the national occupational employment share) and an annual mean wage of $178,990 and a median wage of $166,860. The industry variance to the national average was 13.1%. San Francisco-Oakland-Hayward, CA had 2.6 times the national occupational employment share and an annual mean wage of $209,510 and a median wage of $197,230. The industry variance to the national average was 32.4%.

Summary

In 2022, Marketing Managers experienced substantial growth, with a remarkable 17.9% increase in employment, totaling over 329 thousand jobs in the US, and they commanded significant wages, with an annual mean wage of $158,280 and a median wage of $140,040, surpassing the national average for all occupations by a substantial 155.7%. Within industry sectors, Professional, Scientific, and Technical Services employed the most Marketing Managers, with over 87 thousand individuals in 2022, with wages slightly lagging behind national trends. Management of Companies and Enterprises also played a significant role, employing 45 thousand people, with wages exceeding the national average. The Information sector had considerable industry employment, with approximately 35 thousand individuals, reporting wages significantly above the national average. Examining top employment locations, San Jose-Sunnyvale-Santa Clara, CA, and Bridgeport-Stamford-Norwalk, CT, showed high job concentrations and competitive wages, significantly surpassing the national average, while San Francisco-Oakland-Hayward, CA, displayed a notable job concentration with wages also exceeding the national average.

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