Average Management Analysts Salary in Dover, DE
Management Analysts in Dover, Delaware, earn an average annual salary of $84,100. This figure is notably lower than the national average of $119,370. The localized pay reflects a combination of regional economic factors and the specific demand within the Dover area for these specialized analytical roles.
Executive Summary
- Average Salary: $84,100 per year.
- Growth Trend: Salaries have shifted 16.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $146,680.
- Outlook: Dover, DE, hosts a local workforce of 570 Management Analysts, with 8.375 jobs per 1,000 workers. The Location Quotient of 1.44 indicates a concentration of these roles that is 44% higher than the national average, suggesting a robust and potentially growing demand for management analysis expertise within the state capital.
Salary Overview
The average Management Analysts in Dover, DE earns-29.5%below the national average.
$40.4
$1,617
$7,008
Management Analysts Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that Management Analyst salaries in Dover, DE, have experienced steady growth over the past four years, mirroring national trends. This upward trajectory is likely driven by increasing business complexity and the continuous need for strategic operational improvements across various sectors.
Management Analysts Salary Distribution in Dover, DE
The salary range for Management Analysts in Dover, DE, varies significantly with experience. Entry-level positions typically start around the lower percentiles, while seasoned professionals with extensive expertise can command salaries in the upper percentiles, reflecting a substantial career progression and increased value to employers.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $50,890 | $24.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $63,075 | $30.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $67,660 | $32.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $105,125 | $50.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $146,680 | $70.5 |
Detailed Management Analysts Market Analysis
Relocation Context
Nominal Salary
$84,100
Gross Pay
Real Wage (Purchasing Power)
$84,100
Adjusted for COL (100)
With an average salary of $84,100 and a Cost of Living Index of 100 (on par with the national average), Management Analysts in Dover, DE, experience purchasing power that aligns with the national standard. This means the nominal salary translates directly to comparable living expenses, offering financial stability relative to the rest of the country.
Job Market Context
570
Total Jobs
8.375
Per 1K Jobs
1.44
Location Quotient
With a location quotient of 1.44, Dover, DE has a slightly higher-than-average concentration of Management Analysts roles compared to the national norm.
The Location Quotient of 1.44 for Management Analysts in Dover, DE, signifies a market where these professionals are more concentrated than the national average. This suggests a healthy demand and potentially fewer candidates per opening compared to highly saturated markets, offering a competitive edge for skilled individuals seeking employment.
Nearby Job Markets
Nearby Cities for Management Analysts
| City | Salary | Dist. |
|---|---|---|
| Sussex Delaware nonmetropolitan area Management Analysts Salary | $94,000↑ 12% | 11 mi |
| Vineland, NJ Management Analysts Salary | $92,990↑ 11% | 35 mi |
| Salisbury, MD Management Analysts Salary | $106,290↑ 26% | 54 mi |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Management Analysts Salary | $107,330↑ 28% | 58 mi |
| Atlantic City-Hammonton, NJ Management Analysts Salary | $104,350↑ 24% | 59 mi |
Comparing salaries near Dover, DE
Hiring Management Analystss?
Frequently Asked Questions
How much does a Management Analysts make in Dover, DE?
The median annual salary for a Management Analysts in Dover, DE is $84,100. This typically ranges from $50,890 for entry-level positions to $146,680 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Dover, DE is 29.5% lower than the national median of $119,370.
Is Dover, DE a lucrative place for Management Analysts?
Yes, with caveats.Dover, DE, offers a salary of $84,100 with a cost of living matching the national average, making it financially stable. The high concentration of roles (LQ 1.44) indicates strong local demand.
Is Dover, DE a good place to live for Management Analysts?
The Cost of Living Index in Dover, DE is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Dover, DE?
Some top paying nearby cities include Sussex Delaware nonmetropolitan area ($94,000) and Vineland, NJ.
How does the Dover, DE salary compare to the national average?
The average salary for Management Analysts in Dover, DE, is $84,100, which is significantly lower than the national average of $119,370.
What is the Cost of Living in Dover, DE for Management Analysts?
The Cost of Living Index in Dover, DE, is 100, which is exactly the national average. This means the $84,100 salary has purchasing power equivalent to the national median.
Is there high demand for Management Analysts in Dover, DE?
Yes, the Location Quotient of 1.44 indicates a higher concentration of Management Analysts than the national average, suggesting strong local demand.
How many Management Analysts work in Dover, DE?
There are approximately 570 Management Analysts working in Dover, Delaware, representing 8.375 jobs per 1,000 workers in the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 570 employees in the Dover, DE area with a job density of 8.375 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 Dover, DE