Average Management Analysts Salary in Charlotte-Concord-Gastonia, NC-SC
Management Analysts in the Charlotte-Concord-Gastonia, NC-SC metropolitan area earn an average annual salary of $116,890. This figure is slightly below the national average of $119,370, indicating a competitive but not significantly higher compensation landscape. Local economic factors and industry demand within the region contribute to this specific pay scale.
Executive Summary
- Average Salary: $116,890 per year.
- Growth Trend: Salaries have shifted 9.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $171,590.
- Outlook: The Charlotte-Concord-Gastonia area demonstrates a robust job market for Management Analysts, with a total local workforce of 7,960 professionals in this field. The Location Quotient of 1.02 suggests a concentration of these roles that is very close to the national average, implying steady demand and a stable employment environment for skilled analysts.
Salary Overview
The average Management Analysts in Charlotte-Concord-Gastonia, NC-SC earns-2.1%below the national average.
$56.2
$2,248
$9,741
Management Analysts Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that Management Analyst salaries across the nation, including in Charlotte-Concord-Gastonia, have experienced consistent growth over the past four years. This trend is driven by the increasing complexity of business operations and the continuous need for strategic guidance and efficiency improvements.
Management Analysts Salary Distribution in Charlotte-Concord-Gastonia, NC-SC
The career trajectory for Management Analysts typically involves significant salary increases with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive expertise and a proven track record can command salaries in the higher percentiles. These percentile gaps clearly signify the value placed on experience and specialized knowledge within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $63,110 | $30.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $87,668 | $42.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $104,760 | $50.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $146,113 | $70.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $171,590 | $82.5 |
Detailed Management Analysts Market Analysis
Relocation Context
Nominal Salary
$116,890
Gross Pay
Real Wage (Purchasing Power)
$116,890
Adjusted for COL (100)
With an average salary of $116,890 and a Cost of Living Index of 100, the nominal earnings for Management Analysts in Charlotte-Concord-Gastonia align precisely with the national average cost of living. This means that the purchasing power of a Management Analyst's salary in this region is equivalent to that of their national counterparts, offering a balanced financial outlook.
Job Market Context
7,960
Total Jobs
5.94
Per 1K Jobs
1.02
Location Quotient
With a location quotient of 1.02, Charlotte-Concord-Gastonia, NC-SC has a slightly higher-than-average concentration of Management Analysts roles compared to the national norm.
The Location Quotient of 1.02 for Management Analysts in Charlotte-Concord-Gastonia indicates that the concentration of these roles is just slightly above the national average. This suggests a healthy and competitive job market where demand is consistent with the overall national distribution, making it neither overly saturated nor exceptionally scarce for qualified professionals.
Nearby Job Markets
Nearby Cities for Management Analysts
| City | Salary | Dist. |
|---|---|---|
| Hickory-Lenoir-Morganton, NC Management Analysts Salary | $79,130↓ 32% | 45 mi |
| Spartanburg, SC Management Analysts Salary | $117,840↑ 1% | 64 mi |
| Eastern North Carolina nonmetropolitan area Management Analysts Salary | $98,760↓ 16% | 65 mi |
| Western North Carolina nonmetropolitan area Management Analysts Salary | $89,890↓ 23% | 65 mi |
| Central North Carolina nonmetropolitan area Management Analysts Salary | $89,890↓ 23% | 65 mi |
Comparing salaries near Charlotte-Concord-Gastonia, NC-SC
Hiring Management Analystss?
Frequently Asked Questions
How much does a Management Analysts make in Charlotte-Concord-Gastonia, NC-SC?
The median annual salary for a Management Analysts in Charlotte-Concord-Gastonia, NC-SC is $116,890. This typically ranges from $63,110 for entry-level positions to $171,590 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Charlotte-Concord-Gastonia, NC-SC is 2.1% lower than the national median of $119,370.
Is Charlotte-Concord-Gastonia, NC-SC a lucrative place for Management Analysts?
Yes, it offers competitive compensation.The average salary of $116,890 is competitive, and with a Cost of Living Index of 100, the purchasing power is on par with the national average.
Is Charlotte-Concord-Gastonia, NC-SC a good place to live for Management Analysts?
The Cost of Living Index in Charlotte-Concord-Gastonia, NC-SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Charlotte-Concord-Gastonia, NC-SC?
Some top paying nearby cities include Hickory-Lenoir-Morganton, NC ($79,130) and Spartanburg, SC.
How does the Charlotte-Concord-Gastonia salary compare to the national average?
The average salary of $116,890 in Charlotte-Concord-Gastonia is slightly lower than the national average of $119,370.
What is the significance of the Location Quotient (LQ) for Management Analysts in this area?
An LQ of 1.02 indicates that the concentration of Management Analysts in Charlotte-Concord-Gastonia is very close to the national average, suggesting a stable and consistent demand for these professionals.
Does the cost of living affect the value of a Management Analyst's salary in Charlotte?
No, the cost of living index is 100, which is the national average. Therefore, the salary of $116,890 holds its purchasing power equivalent to the national average.
How many Management Analysts are employed in the Charlotte-Concord-Gastonia area?
There are approximately 7,960 Management Analysts employed within the Charlotte-Concord-Gastonia 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 7,960 employees in the Charlotte-Concord-Gastonia, NC-SC area with a job density of 5.94 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 Charlotte-Concord-Gastonia, NC-SC