Average Management Analysts Salary in Birmingham, AL
Management Analysts in Birmingham, AL, command an average annual salary of $106,060. This figure is notably below the national average of $119,370, suggesting that local market dynamics and potentially a lower cost of doing business influence compensation in this region. Understanding these local factors is crucial for setting realistic salary expectations.
Executive Summary
- Average Salary: $106,060 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $156,370.
- Outlook: With a local workforce of 1,130 Management Analysts, Birmingham presents a moderate employment landscape for this profession. The location quotient of 0.38 indicates that the concentration of these roles is below the national average, suggesting that while opportunities exist, the field is not as densely populated as in other major metropolitan areas. The 2.188 jobs per 1,000 workers metric further reinforces this, pointing to a stable but not exceptionally high demand.
Salary Overview
The average Management Analysts in Birmingham, AL earns-11.2%below the national average.
$51
$2,040
$8,838
Management Analysts Salary Trends (2020-2024)
While specific historical data for Birmingham is not provided, it is generally assumed that Management Analyst salaries nationwide have seen a steady upward trend over the past four years, driven by increasing demand for strategic business guidance and operational efficiency improvements. This national growth likely influences local compensation, even if Birmingham's specific trajectory may differ slightly due to regional economic factors.
Management Analysts Salary Distribution in Birmingham, AL
The salary progression for Management Analysts in Birmingham, AL, typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive expertise and a proven track record can command salaries in the upper percentiles. These percentile gaps are a clear indicator of career advancement opportunities and the value placed on experience within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $62,900 | $30.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $79,545 | $38.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $96,100 | $46.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $132,575 | $63.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $156,370 | $75.2 |
Detailed Management Analysts Market Analysis
Relocation Context
Nominal Salary
$106,060
Gross Pay
Real Wage (Purchasing Power)
$106,060
Adjusted for COL (100)
The average Management Analyst salary in Birmingham, AL, is $106,060, which aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Birmingham-based Management Analyst's salary is equivalent to that of their national counterparts, offering a stable financial standing without the premium often associated with higher cost-of-living areas.
Job Market Context
1,130
Total Jobs
2.188
Per 1K Jobs
0.38
Location Quotient
At 0.38x, Birmingham, AL has a notably lower concentration of Management Analysts jobs than the national average. Opportunities in this area are relatively scarce for this profession.
Birmingham's location quotient of 0.38 for Management Analysts signifies a market concentration that is less than half of the national average. This suggests that the job market for these professionals is less saturated compared to national trends. While this might imply fewer immediate openings, it could also indicate less intense competition for available roles, potentially offering a unique advantage for skilled analysts seeking to establish themselves.
Nearby Job Markets
Nearby Cities for Management Analysts
| City | Salary | Dist. |
|---|---|---|
| Tuscaloosa, AL Management Analysts Salary | $104,540↓ 1% | 47 mi |
| Northeast Alabama nonmetropolitan area Management Analysts Salary | $104,250↓ 2% | 50 mi |
| Southeast Alabama nonmetropolitan area Management Analysts Salary | $96,800↓ 9% | 50 mi |
| Southwest Alabama nonmetropolitan area Management Analysts Salary | $99,060↓ 7% | 50 mi |
Comparing salaries near Birmingham, AL
Hiring Management Analystss?
Frequently Asked Questions
How much does a Management Analysts make in Birmingham, AL?
The median annual salary for a Management Analysts in Birmingham, AL is $106,060. This typically ranges from $62,900 for entry-level positions to $156,370 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Birmingham, AL is 11.2% lower than the national median of $119,370.
Is Birmingham, AL a lucrative place for Management Analysts?
No, not comparatively.While the average salary of $106,060 is substantial, it falls below the national average, and the cost of living is also at the national average, meaning less relative purchasing power. The lower location quotient also suggests a less robust market compared to national benchmarks.
Is Birmingham, AL a good place to live for Management Analysts?
The Cost of Living Index in Birmingham, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Birmingham, AL?
Some top paying nearby cities include Tuscaloosa, AL ($104,540) and Northeast Alabama nonmetropolitan area.
How does Birmingham's Management Analyst salary compare to the national average?
The average salary for Management Analysts in Birmingham, AL, is $106,060, which is approximately 11% lower than the national average of $119,370.
What is the cost of living in Birmingham, AL for Management Analysts?
Birmingham, AL, has a cost of living index of 100, which is exactly the national average, meaning the general cost of goods and services is comparable to the rest of the country.
How concentrated is the Management Analyst job market in Birmingham?
The job market for Management Analysts in Birmingham is less concentrated than the national average, with a location quotient of 0.38, indicating fewer professionals in this field relative to the overall workforce.
What does the total local workforce number mean for Management Analysts in Birmingham?
A total local workforce of 1,130 Management Analysts suggests a moderate-sized professional community within Birmingham, providing a base for networking and potential collaboration.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,130 employees in the Birmingham, AL area with a job density of 2.188 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 Birmingham, AL