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Average Management Analysts Salary in Columbia, SC

Management Analysts in Columbia, SC, command an average annual salary of $92,250. This figure is notably below the national average of $119,370, suggesting that local market dynamics, industry concentration, and potentially regional demand influence compensation levels in the South Carolina capital.

Executive Summary

  • Average Salary: $92,250 per year.
  • Growth Trend: Salaries have shifted 19.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $125,770.
  • Outlook: With a local workforce of 3,120 Management Analysts, Columbia, SC, presents a substantial pool of professionals. The Location Quotient of 1.39 indicates a higher concentration of these roles compared to the national average, signaling a robust and potentially growing demand for their expertise within the region.
2024 Market Data

Salary Overview

$92,250

The average Management Analysts in Columbia, SC earns-22.7%below the national average.

BreakdownBased on 40h/week
Hourly

$44.4

Weekly

$1,774

Monthly

$7,688

Management Analysts Salary Distribution in Columbia, SC

The career trajectory for Management Analysts typically involves significant salary progression with experience. Entry-level positions might start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries well into the upper percentiles, reflecting their increased value and strategic impact on organizations.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$50,850$24.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$69,188$33.3
ManagerOversees team, compliance, and project delivery.50% (Median)$82,610$39.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$115,313$55.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$125,770$60.5

Detailed Management Analysts Market Analysis

Relocation Context

Nominal Salary

$92,250

Gross Pay

Real Wage (Purchasing Power)

$92,250

Adjusted for COL (100)

The average Management Analyst salary of $92,250 in Columbia, SC, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Management Analyst's salary in Columbia is equivalent to the national average, offering a stable financial environment for residents.

Job Market Context

3,120

Total Jobs

8.086

Per 1K Jobs

1.39

Location Quotient

Above Average

With a location quotient of 1.39, Columbia, SC has a slightly higher-than-average concentration of Management Analysts roles compared to the national norm.

A Location Quotient of 1.39 for Management Analysts in Columbia, SC, signifies that the area has a greater concentration of these professionals than the national average. This suggests a competitive job market where demand may be slightly outpacing supply, potentially offering good opportunities for skilled analysts.

Nearby Job Markets

Hiring Management Analystss?

Frequently Asked Questions

How much does a Management Analysts make in Columbia, SC?

The median annual salary for a Management Analysts in Columbia, SC is $92,250. This typically ranges from $50,850 for entry-level positions to $125,770 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Columbia, SC is 22.7% lower than the national median of $119,370.

Is Columbia, SC a lucrative place for Management Analysts?

Yes, with caveats.While the average salary of $92,250 is below the national average, the cost of living is also at the national average, making the effective purchasing power comparable. The strong concentration (LQ of 1.39) indicates good local demand.

Is Columbia, SC a good place to live for Management Analysts?

The Cost of Living Index in Columbia, SC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Columbia, SC?

Some top paying nearby cities include Northwestern South Carolina nonmetropolitan area ($110,900) and Northeastern South Carolina nonmetropolitan area.

How does the Columbia, SC salary compare to the national average?

The average salary for Management Analysts in Columbia, SC, is $92,250, which is lower than the national average of $119,370.

What is the Cost of Living in Columbia, SC for Management Analysts?

The Cost of Living Index in Columbia, SC, is 100, which is exactly the national average, meaning your salary has average purchasing power.

How concentrated are Management Analysts in Columbia, SC?

Columbia, SC has a higher concentration of Management Analysts than the national average, with a Location Quotient of 1.39.

What is the total number of Management Analysts in Columbia, SC?

There are approximately 3,120 Management Analysts working in Columbia, SC.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,120 employees in the Columbia, SC area with a job density of 8.086 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.