Average Management Analysts Salary in Detroit-Warren-Dearborn, MI
Management Analysts in the Detroit-Warren-Dearborn, MI area earn an average annual salary of $104,080. This figure is notably below the national average of $119,370, suggesting that local market dynamics and industry demands play a significant role in compensation for this profession within the region.
Executive Summary
- Average Salary: $104,080 per year.
- Growth Trend: Salaries have shifted 7.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $165,770.
- Outlook: The Detroit-Warren-Dearborn metropolitan area supports a substantial workforce of 6,650 Management Analysts. However, with a Location Quotient of 0.6, the concentration of these roles is below the national average, indicating a less saturated but potentially more specialized local job market for this profession.
Salary Overview
The average Management Analysts in Detroit-Warren-Dearborn, MI earns-12.8%below the national average.
$50
$2,002
$8,673
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 the Detroit-Warren-Dearborn area, have experienced consistent growth over the past four years. This trend is driven by evolving business needs, increased demand for strategic guidance, and inflation.
Management Analysts Salary Distribution in Detroit-Warren-Dearborn, MI
The salary trajectory for Management Analysts typically escalates with experience. Entry-level positions may start significantly lower than the average, while seasoned professionals with extensive expertise and a proven track record can command salaries well above the $104,080 average. The widening gap between entry-level and senior roles signifies clear career progression opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $60,700 | $29.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $78,060 | $37.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $98,200 | $47.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $130,100 | $62.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $165,770 | $79.7 |
Detailed Management Analysts Market Analysis
Relocation Context
Nominal Salary
$104,080
Gross Pay
Real Wage (Purchasing Power)
$104,080
Adjusted for COL (100)
The average Management Analyst salary of $104,080 in Detroit-Warren-Dearborn aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of the local salary is equivalent to the national average, offering a stable financial environment for professionals considering relocation to the area.
Job Market Context
6,650
Total Jobs
3.481
Per 1K Jobs
0.6
Location Quotient
Detroit-Warren-Dearborn, MI has 0.60x 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 0.6 for Management Analysts in Detroit-Warren-Dearborn suggests that the profession is less concentrated here compared to the national average. This could imply fewer job openings relative to the overall workforce, but also potentially less competition for skilled analysts seeking opportunities in the region.
Nearby Job Markets
Nearby Cities for Management Analysts
| City | Salary | Dist. |
|---|---|---|
| Monroe, MI Management Analysts Salary | $107,280↑ 3% | 34 mi |
| Ann Arbor, MI Management Analysts Salary | $108,610↑ 4% | 35 mi |
| Toledo, OH Management Analysts Salary | $91,140↓ 12% | 54 mi |
| Flint, MI Management Analysts Salary | $94,100↓ 10% | 58 mi |
| Sandusky, OH Management Analysts Salary | $91,830↓ 12% | 64 mi |
Comparing salaries near Detroit-Warren-Dearborn, MI
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Frequently Asked Questions
How much does a Management Analysts make in Detroit-Warren-Dearborn, MI?
The median annual salary for a Management Analysts in Detroit-Warren-Dearborn, MI is $104,080. This typically ranges from $60,700 for entry-level positions to $165,770 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Detroit-Warren-Dearborn, MI is 12.8% lower than the national median of $119,370.
Is Detroit-Warren-Dearborn, MI a lucrative place for Management Analysts?
No, not more lucrative than the national average.While the average salary of $104,080 is substantial, it falls below the national average. However, the cost of living is also at the national average, meaning the salary's purchasing power is equivalent.
Is Detroit-Warren-Dearborn, MI a good place to live for Management Analysts?
The Cost of Living Index in Detroit-Warren-Dearborn, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Detroit-Warren-Dearborn, MI?
Some top paying nearby cities include Monroe, MI ($107,280) and Ann Arbor, MI.
How does the number of Management Analysts in Detroit compare nationally?
Detroit-Warren-Dearborn has a local workforce of 6,650 Management Analysts, which contributes to 3.481 jobs per 1,000 workers in the area.
What does a Location Quotient of 0.6 mean for Management Analysts in Detroit?
A Location Quotient of 0.6 indicates that Management Analysts are less concentrated in the Detroit-Warren-Dearborn area compared to the national average, suggesting a potentially less competitive job market.
How does the cost of living in Detroit affect Management Analyst salaries?
The cost of living in Detroit-Warren-Dearborn is exactly at the national average (100), meaning the $104,080 salary offers purchasing power equivalent to the national average.
Are there many job opportunities for Management Analysts in Detroit?
With 6,650 Management Analysts employed locally and a Location Quotient below 1.0, the job market is present but not as concentrated as the national average, implying moderate opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,650 employees in the Detroit-Warren-Dearborn, MI area with a job density of 3.481 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 Detroit-Warren-Dearborn, MI