Average Management Analysts Salary in Bismarck, ND
Management Analysts in Bismarck, North Dakota, earn an average annual salary of $90,280. This figure is notably below the national average of $119,370, reflecting a localized demand and compensation structure distinct from broader national trends. Factors such as the specific industry mix and the overall economic landscape of Bismarck contribute to this pay differential.
Executive Summary
- Average Salary: $90,280 per year.
- Growth Trend: Salaries have shifted 31.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $128,880.
- Outlook: The Bismarck market for Management Analysts, with a total local workforce of 210 professionals, indicates a niche presence. The Location Quotient of 0.52 suggests that Management Analysts are less concentrated in Bismarck compared to the national average, implying a potentially less saturated but perhaps more specialized job market.
Salary Overview
The average Management Analysts in Bismarck, ND earns-24.4%below the national average.
$43.4
$1,736
$7,523
Management Analysts Salary Trends (2020-2024)
While specific historical data for Bismarck's Management Analyst salaries over the past four years is not provided, it is generally assumed that compensation in this field has seen incremental growth, mirroring broader economic trends and the increasing demand for strategic advisory services across various industries. This upward trajectory is typically driven by inflation, evolving business needs, and the continuous pursuit of operational efficiencies.
Management Analysts Salary Distribution in Bismarck, ND
The salary progression for Management Analysts in Bismarck, as in most markets, is significantly influenced by experience. Entry-level positions typically command lower salaries, while seasoned professionals with extensive expertise and a proven track record can expect to earn considerably more, often reaching into the upper percentiles of the salary range. These percentile gaps are a clear indicator of career advancement and the increasing value placed on specialized skills and strategic insight.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,590 | $22.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $67,710 | $32.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $76,790 | $36.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $112,850 | $54.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $128,880 | $62 |
Detailed Management Analysts Market Analysis
Relocation Context
Nominal Salary
$90,280
Gross Pay
Real Wage (Purchasing Power)
$90,280
Adjusted for COL (100)
With an average annual salary of $90,280 and a Cost of Living Index of 100, Management Analysts in Bismarck find their nominal earnings directly aligned with the national average cost of living. This means that while the salary is lower than the national average, the purchasing power of that salary within Bismarck is comparable to the national average, offering a stable financial environment.
Job Market Context
210
Total Jobs
3.011
Per 1K Jobs
0.52
Location Quotient
Bismarck, ND has 0.52x the national average concentration of Management Analysts jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
The Location Quotient of 0.52 for Management Analysts in Bismarck signifies that the concentration of these professionals is approximately half that of the national average. This suggests that while the role is present, it is not a dominant industry sector within the local economy, potentially leading to fewer but perhaps more specialized opportunities for those in the field.
Nearby Job Markets
Nearby Cities for Management Analysts
| City | Salary | Dist. |
|---|---|---|
| East North Dakota nonmetropolitan area Management Analysts Salary | $84,670↓ 6% | 68 mi |
Comparing salaries near Bismarck, ND
Hiring Management Analystss?
Frequently Asked Questions
How much does a Management Analysts make in Bismarck, ND?
The median annual salary for a Management Analysts in Bismarck, ND is $90,280. This typically ranges from $47,590 for entry-level positions to $128,880 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Bismarck, ND is 24.4% lower than the national median of $119,370.
Is Bismarck, ND a lucrative place for Management Analysts?
No, not compared to the national average.While the average salary of $90,280 is respectable, it falls significantly short of the national average of $119,370. However, the cost of living is on par with the national average, making the purchasing power comparable.
Is Bismarck, ND a good place to live for Management Analysts?
The Cost of Living Index in Bismarck, ND is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Bismarck, ND?
Some top paying nearby cities include East North Dakota nonmetropolitan area ($84,670) and others.
How does Bismarck's Management Analyst salary compare to the national average?
The average annual salary for Management Analysts in Bismarck is $90,280, which is considerably lower than the national average of $119,370.
What is the concentration of Management Analysts in Bismarck?
Bismarck has a Location Quotient of 0.52 for Management Analysts, indicating that the profession is less concentrated there compared to the national average.
How does the cost of living in Bismarck affect salary perception?
Bismarck's Cost of Living Index is 100, matching the national average. This means that despite the lower nominal salary, the purchasing power of a Management Analyst's earnings in Bismarck is equivalent to the national average.
What does the job market size suggest for Management Analysts in Bismarck?
With a total local workforce of 210 Management Analysts, the market is relatively small, suggesting a niche demand rather than widespread abundance.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Bismarck, ND area with a job density of 3.011 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 Bismarck, ND