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Average Management Analysts Salary in Blacksburg-Christiansburg-Radford, VA

In Blacksburg-Christiansburg-Radford, VA, Management Analysts earn an average annual salary of $97,110. This figure is notably below the national average of $119,370, suggesting that local market dynamics, such as industry demand and the specific economic landscape of the region, play a significant role in compensation levels for this profession.

Executive Summary

  • Average Salary: $97,110 per year.
  • Growth Trend: Salaries have shifted 10.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $136,120.
  • Outlook: The job market for Management Analysts in Blacksburg-Christiansburg-Radford, VA, while not as concentrated as the national average with a Location Quotient of 0.56, still supports a local workforce of 240 professionals. The presence of 3.237 jobs per 1,000 workers indicates a steady, albeit moderate, demand for these analytical skills within the area.
2024 Market Data

Salary Overview

$97,110

The average Management Analysts in Blacksburg-Christiansburg-Radford, VA earns-18.6%below the national average.

BreakdownBased on 40h/week
Hourly

$46.7

Weekly

$1,868

Monthly

$8,093

Management Analysts Salary Distribution in Blacksburg-Christiansburg-Radford, VA

Salary progression for Management Analysts in Blacksburg-Christiansburg-Radford, VA, typically scales with experience. Entry-level positions will command lower salaries, while senior analysts with extensive experience and specialized skills can expect to earn significantly more, potentially reaching into higher salary percentiles. The gap between entry-level and senior roles highlights the career advancement opportunities available.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$58,780$28.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$72,833$35
ManagerOversees team, compliance, and project delivery.50% (Median)$82,280$39.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$121,388$58.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$136,120$65.4

Detailed Management Analysts Market Analysis

Relocation Context

Nominal Salary

$97,110

Gross Pay

Real Wage (Purchasing Power)

$97,110

Adjusted for COL (100)

With an average annual salary of $97,110 and a Cost of Living Index of 100, Management Analysts in Blacksburg-Christiansburg-Radford, VA, find their nominal earnings align directly with the national average cost of living. This means that the purchasing power of their salary is equivalent to the national average, offering a stable financial environment for residents.

Job Market Context

240

Total Jobs

3.237

Per 1K Jobs

0.56

Location Quotient

Below Average

Blacksburg-Christiansburg-Radford, VA has 0.56x 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 0.56 for Management Analysts in Blacksburg-Christiansburg-Radford, VA, indicates that this profession is less concentrated locally compared to the national average. This suggests a market that is not oversaturated, potentially offering good opportunities for skilled professionals, but also implies that the demand might be more specialized or tied to specific local industries rather than broad national trends.

Nearby Job Markets

Nearby Cities for Management Analysts

Comparing salaries near Blacksburg-Christiansburg-Radford, VA

Hiring Management Analystss?

Frequently Asked Questions

How much does a Management Analysts make in Blacksburg-Christiansburg-Radford, VA?

The median annual salary for a Management Analysts in Blacksburg-Christiansburg-Radford, VA is $97,110. This typically ranges from $58,780 for entry-level positions to $136,120 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Blacksburg-Christiansburg-Radford, VA is 18.6% lower than the national median of $119,370.

Is Blacksburg-Christiansburg-Radford, VA a lucrative place for Management Analysts?

No, not compared to the national average.While the average salary of $97,110 is substantial, it falls below the national average of $119,370. However, the cost of living being at the national average means the purchasing power is standard.

Is Blacksburg-Christiansburg-Radford, VA a good place to live for Management Analysts?

The Cost of Living Index in Blacksburg-Christiansburg-Radford, VA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Blacksburg-Christiansburg-Radford, VA?

Some top paying nearby cities include Roanoke, VA ($99,680) and Beckley, WV.

How does the local Management Analyst salary compare to the national average?

The average annual salary for Management Analysts in Blacksburg-Christiansburg-Radford, VA, is $97,110, which is lower than the national average of $119,370.

What is the cost of living like for Management Analysts in this area?

The cost of living in Blacksburg-Christiansburg-Radford, VA, is exactly at the national average, with an index of 100, meaning your $97,110 salary has the same purchasing power as the national average salary in a national average cost of living area.

How concentrated is the Management Analyst job market in Blacksburg-Christiansburg-Radford, VA?

The job market is less concentrated than the national average, with a Location Quotient of 0.56, indicating fewer Management Analysts per worker compared to the rest of the country.

What is the total number of Management Analysts in the Blacksburg-Christiansburg-Radford, VA area?

There are approximately 240 Management Analysts working in the Blacksburg-Christiansburg-Radford, VA metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Blacksburg-Christiansburg-Radford, VA area with a job density of 3.237 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.