Average Management Analysts Salary in Atlantic City-Hammonton, NJ
Management Analysts in Atlantic City-Hammonton, NJ, earn an average annual salary of $104,350. This figure is notably below the national average of $119,370, suggesting that local market dynamics and industry-specific demand play a significant role in compensation within this region. Factors such as the concentration of specific industries and the overall economic landscape of Atlantic City-Hammonton likely influence this pay differential.
Executive Summary
- Average Salary: $104,350 per year.
- Growth Trend: Salaries have shifted 13.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $190,790.
- Outlook: The local job market for Management Analysts in Atlantic City-Hammonton, NJ, appears to be relatively niche, with a total workforce of 200 professionals. The Location Quotient of 0.21 indicates a lower concentration of these roles compared to the national average, suggesting that while opportunities exist, they are not as abundant as in other major metropolitan areas. The presence of 1.21 jobs per 1,000 workers signifies a modest but steady demand for analytical expertise within the local economy.
Salary Overview
The average Management Analysts in Atlantic City-Hammonton, NJ earns-12.6%below the national average.
$50.2
$2,007
$8,696
Management Analysts Salary Trends (2020-2024)
While specific historical data for Atlantic City-Hammonton is not provided, it is generally assumed that Management Analyst salaries across the nation have experienced consistent growth over the past four years, driven by increasing business complexity and the demand for strategic insights. This upward trend is likely mirrored, to some extent, in the Atlantic City-Hammonton market, though potentially at a different pace influenced by regional economic factors.
Management Analysts Salary Distribution in Atlantic City-Hammonton, NJ
The career trajectory for Management Analysts typically involves significant salary progression with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries well above the average. The percentile gaps in salary distribution highlight these opportunities for career advancement and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $57,410 | $27.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $78,263 | $37.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $91,260 | $43.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $130,438 | $62.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $190,790 | $91.7 |
Detailed Management Analysts Market Analysis
Relocation Context
Nominal Salary
$104,350
Gross Pay
Real Wage (Purchasing Power)
$104,350
Adjusted for COL (100)
For Management Analysts considering a move to Atlantic City-Hammonton, NJ, the average salary of $104,350 aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, offering a stable financial environment where the nominal income translates directly to living expenses without significant deviation from the national standard.
Job Market Context
200
Total Jobs
1.21
Per 1K Jobs
0.21
Location Quotient
At 0.21x, Atlantic City-Hammonton, NJ has a notably lower concentration of Management Analysts jobs than the national average. Opportunities in this area are relatively scarce for this profession.
With a Location Quotient of 0.21, the market for Management Analysts in Atlantic City-Hammonton, NJ, is less concentrated than the national average. This suggests that while there is a presence of these professionals, the demand might be more specialized or tied to specific local industries, making the job market less saturated but potentially more competitive for roles outside of these niche areas.
Nearby Job Markets
Nearby Cities for Management Analysts
| City | Salary | Dist. |
|---|---|---|
| Vineland, NJ Management Analysts Salary | $92,990↓ 11% | 30 mi |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Management Analysts Salary | $107,330↑ 3% | 55 mi |
| Sussex Delaware nonmetropolitan area Management Analysts Salary | $94,000↓ 10% | 56 mi |
| Dover, DE Management Analysts Salary | $84,100↓ 19% | 59 mi |
| Trenton-Princeton, NJ Management Analysts Salary | $101,520↓ 3% | 61 mi |
Comparing salaries near Atlantic City-Hammonton, NJ
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Frequently Asked Questions
How much does a Management Analysts make in Atlantic City-Hammonton, NJ?
The median annual salary for a Management Analysts in Atlantic City-Hammonton, NJ is $104,350. This typically ranges from $57,410 for entry-level positions to $190,790 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Atlantic City-Hammonton, NJ is 12.6% lower than the national median of $119,370.
Is Atlantic City-Hammonton, NJ a lucrative place for Management Analysts?
No, not exceptionally lucrative compared to the national average.The average salary of $104,350 is below the national average, although the cost of living is on par, meaning purchasing power is similar. The lower concentration of roles suggests a less robust market than national benchmarks.
Is Atlantic City-Hammonton, NJ a good place to live for Management Analysts?
The Cost of Living Index in Atlantic City-Hammonton, NJ is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Atlantic City-Hammonton, NJ?
Some top paying nearby cities include Vineland, NJ ($92,990) and Philadelphia-Camden-Wilmington, PA-NJ-DE-MD.
How does the Atlantic City-Hammonton Management Analyst salary compare to the national average?
The average salary for Management Analysts in Atlantic City-Hammonton, NJ, is $104,350, which is lower than the national average of $119,370.
What is the cost of living in Atlantic City-Hammonton, NJ, for Management Analysts?
The Cost of Living Index in Atlantic City-Hammonton, NJ, is 100, which is exactly the national average, indicating that the cost of goods and services is comparable to the rest of the country.
How concentrated is the Management Analyst job market in Atlantic City-Hammonton, NJ?
The job market is less concentrated than the national average, with a Location Quotient of 0.21, suggesting fewer Management Analyst roles relative to the overall workforce compared to national trends.
What is the total number of Management Analysts in Atlantic City-Hammonton, NJ?
There are approximately 200 Management Analysts working in the Atlantic City-Hammonton, NJ area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Atlantic City-Hammonton, NJ area with a job density of 1.21 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Management Analysts • Data source: BLS OEWS 2024 •Jobs in Atlantic City-Hammonton, NJ