All Things Business

Are Mansfield’s Six Figure Incomes Shrinking?

9 Mar , 2020  

It’s never fun here at 1812Blockhouse to share news of a report that has challenging figures about the north central Ohio economy. On the other hand, we recognize that our readers want all news that might give them information important for their lives and careers.

A recent report by retail platform Volusion, based on data from the US Bureau of Labor Statistics, looked at the number of employees in the country’s 358 metro areas who make a six figure salary. The report noted that the largest concentration of declines in that figure is in the Midwest and on the East Coast.

Mansfield was said to be the metro with the smallest percentage of six figure employees of any area in the nation.

The figures shared for our metro in the report were as follows:

  • Percentage of workforce with six figure incomes — 0.3%
  • Decline in six figure employees from 2015 to 2018 — 44% decrease
  • Number of six figure employees — 140
  • Average salary — $32,680
  • Most over-indexed six figure job in this metro — Pharmacist

There were a scattering of metros with larger declines, including such places as Talahasee, Florida and Johnstown, Pennsylvania.

Not all the news was pessimistic, however. Mansfield’s average salary figure was higher than a wide cross section of cities. This suggests that while high figure positions may be limited in the area, that the number of those below six figures skews higher than many others.

The entire report can be accessed here.

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