Average Management Analysts Salary in Charleston-North Charleston, SC
Management Analysts in the Charleston-North Charleston, SC area command an impressive average annual salary of $122,410. This figure slightly surpasses the national average of $119,370, indicating a favorable compensation landscape for these professionals in the region. Local economic factors and industry demand likely contribute to this competitive pay.
Executive Summary
- Average Salary: $122,410 per year.
- Growth Trend: Salaries have shifted 58.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $172,360.
- Outlook: The Charleston-North Charleston area supports a local workforce of 1,940 Management Analysts. With a Location Quotient of 0.86, the concentration of these roles is slightly below the national average, suggesting a stable but not oversaturated market. The presence of approximately 5.003 jobs per 1,000 workers indicates a consistent demand for analytical expertise within the local economy.
Salary Overview
The average Management Analysts in Charleston-North Charleston, SC earns+2.5%above the national average.
$58.9
$2,354
$10,201
Management Analysts Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Management Analyst salaries in Charleston-North Charleston have experienced steady growth over the past four years, mirroring national trends. Economic expansion and increasing reliance on data-driven decision-making typically drive up demand and compensation for these vital roles.
Management Analysts Salary Distribution in Charleston-North Charleston, SC
Salary progression for Management Analysts in Charleston-North Charleston typically scales significantly with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the upper percentiles. These percentile gaps clearly signify the career growth and increased earning potential available within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $59,950 | $28.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $91,808 | $44.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $97,090 | $46.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $153,013 | $73.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $172,360 | $82.9 |
Detailed Management Analysts Market Analysis
Relocation Context
Nominal Salary
$122,410
Gross Pay
Real Wage (Purchasing Power)
$122,410
Adjusted for COL (100)
The average annual salary of $122,410 in Charleston-North Charleston aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Management Analyst's salary in this area is equivalent to the national standard, offering a balanced lifestyle without significant financial strain related to living expenses.
Job Market Context
1,940
Total Jobs
5.003
Per 1K Jobs
0.86
Location Quotient
Charleston-North Charleston, SC has 0.86x 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.
A Location Quotient of 0.86 for Management Analysts in Charleston-North Charleston suggests that the job market is neither exceptionally concentrated nor scarce compared to the national average. This indicates a healthy level of opportunity for skilled professionals, with a demand that is relatively in line with the broader U.S. market, implying a competitive but accessible job landscape.
Nearby Job Markets
Nearby Cities for Management Analysts
| City | Salary | Dist. |
|---|---|---|
| Hilton Head Island-Bluffton-Port Royal, SC Management Analysts Salary | $99,060↓ 19% | 63 mi |
| Sumter, SC Management Analysts Salary | $94,500↓ 23% | 81 mi |
| Myrtle Beach-Conway-North Myrtle Beach, SC Management Analysts Salary | $115,850↓ 5% | 88 mi |
| Northwestern South Carolina nonmetropolitan area Management Analysts Salary | $110,900↓ 9% | 91 mi |
Comparing salaries near Charleston-North Charleston, SC
Hiring Management Analystss?
Frequently Asked Questions
How much does a Management Analysts make in Charleston-North Charleston, SC?
The median annual salary for a Management Analysts in Charleston-North Charleston, SC is $122,410. This typically ranges from $59,950 for entry-level positions to $172,360 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Charleston-North Charleston, SC is 2.5% higher than the national median of $119,370.
Is Charleston-North Charleston, SC a lucrative place for Management Analysts?
Yes, Charleston-North Charleston, SC offers lucrative opportunities for Management Analysts.The average salary of $122,410 is higher than the national average, and the cost of living is exactly at the national average, making it a financially advantageous location.
Is Charleston-North Charleston, SC a good place to live for Management Analysts?
The Cost of Living Index in Charleston-North Charleston, SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Charleston-North Charleston, SC?
Some top paying nearby cities include Hilton Head Island-Bluffton-Port Royal, SC ($99,060) and Sumter, SC.
How does the Charleston-North Charleston Management Analyst salary compare to the national average?
The average salary for Management Analysts in Charleston-North Charleston, SC is $122,410, which is slightly above the national average of $119,370.
What is the cost of living in Charleston-North Charleston, SC for Management Analysts?
The cost of living in Charleston-North Charleston, SC is at the national average of 100, meaning your salary has the same purchasing power as it would nationally.
How concentrated is the Management Analyst job market in Charleston-North Charleston, SC?
The job market concentration, measured by the Location Quotient, is 0.86, indicating it's slightly less concentrated than the national average, suggesting a balanced job market.
What is the total number of Management Analysts in Charleston-North Charleston, SC?
There are approximately 1,940 Management Analysts employed in the Charleston-North Charleston, SC area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,940 employees in the Charleston-North Charleston, SC area with a job density of 5.003 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 Charleston-North Charleston, SC