Average Management Analysts Salary in Durham-Chapel Hill, NC
Management Analysts in the Durham-Chapel Hill, NC area earn an average annual salary of $114,200. This figure is slightly below the national average of $119,370, indicating a localized compensation structure influenced by regional economic factors and industry demand. While not reaching the national benchmark, this salary reflects the specific economic landscape of the Research Triangle region.
Executive Summary
- Average Salary: $114,200 per year.
- Growth Trend: Salaries have shifted 11.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $174,790.
- Outlook: The Durham-Chapel Hill area supports a local workforce of 1,600 Management Analysts. With a Location Quotient of 0.8, the concentration of these professionals is slightly below the national average, suggesting a stable but not overly saturated market. The presence of 4.657 jobs per 1,000 workers indicates a consistent demand for analytical expertise within the region's diverse economic base.
Salary Overview
The average Management Analysts in Durham-Chapel Hill, NC earns-4.3%below the national average.
$54.9
$2,196
$9,517
Management Analysts Salary Trends (2020-2024)
While specific historical data is not provided, it is generally observed that Management Analyst salaries nationwide have experienced steady growth over the past four years, driven by increasing demand for strategic guidance and operational efficiency. It is reasonable to assume that the Durham-Chapel Hill market has mirrored this trend, with compensation likely seeing incremental increases to keep pace with evolving industry needs and economic conditions.
Management Analysts Salary Distribution in Durham-Chapel Hill, NC
The salary trajectory for Management Analysts typically scales significantly with experience. Entry-level positions often start in the lower percentiles, while seasoned professionals with extensive expertise and a proven track record can command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies substantial career progression and increased earning potential within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $64,210 | $30.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $85,650 | $41.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $101,810 | $48.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $142,750 | $68.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $174,790 | $84 |
Detailed Management Analysts Market Analysis
Relocation Context
Nominal Salary
$114,200
Gross Pay
Real Wage (Purchasing Power)
$114,200
Adjusted for COL (100)
The average annual salary of $114,200 in Durham-Chapel Hill 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 this area is equivalent to the national standard, offering a stable financial environment without the premium often associated with higher cost-of-living regions.
Job Market Context
1,600
Total Jobs
4.657
Per 1K Jobs
0.8
Location Quotient
Durham-Chapel Hill, NC has 0.80x 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 0.8 for Management Analysts in Durham-Chapel Hill suggests that the profession is slightly less concentrated here compared to the national average. This indicates a healthy job market where demand is present but not overwhelmingly competitive, potentially offering good opportunities for skilled professionals without the intense saturation found in some other metropolitan areas.
Nearby Job Markets
Nearby Cities for Management Analysts
| City | Salary | Dist. |
|---|---|---|
| Raleigh-Cary, NC Management Analysts Salary | $101,150↓ 11% | 18 mi |
| Burlington, NC Management Analysts Salary | $99,670↓ 13% | 32 mi |
| Greensboro-High Point, NC Management Analysts Salary | $93,300↓ 18% | 52 mi |
| Eastern North Carolina nonmetropolitan area Management Analysts Salary | $98,760↓ 14% | 56 mi |
| Western North Carolina nonmetropolitan area Management Analysts Salary | $89,890↓ 21% | 56 mi |
Comparing salaries near Durham-Chapel Hill, NC
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Frequently Asked Questions
How much does a Management Analysts make in Durham-Chapel Hill, NC?
The median annual salary for a Management Analysts in Durham-Chapel Hill, NC is $114,200. This typically ranges from $64,210 for entry-level positions to $174,790 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Durham-Chapel Hill, NC is 4.3% lower than the national median of $119,370.
Is Durham-Chapel Hill, NC a lucrative place for Management Analysts?
Yes, it offers a stable financial environment.While the average salary is slightly below the national average, the cost of living is also at the national average, resulting in equivalent purchasing power. The market shows consistent demand without extreme saturation.
Is Durham-Chapel Hill, NC a good place to live for Management Analysts?
The Cost of Living Index in Durham-Chapel Hill, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Durham-Chapel Hill, NC?
Some top paying nearby cities include Raleigh-Cary, NC ($101,150) and Burlington, NC.
How does the Durham-Chapel Hill salary compare to the national average?
The average salary for Management Analysts in Durham-Chapel Hill is $114,200, which is slightly lower than the national average of $119,370.
What is the Cost of Living in Durham-Chapel Hill like for Management Analysts?
The Cost of Living Index in Durham-Chapel Hill is 100, which is exactly the national average. This means your salary has the same purchasing power as it would nationally.
How concentrated is the Management Analyst job market in Durham-Chapel Hill?
The Location Quotient is 0.8, indicating that Management Analysts are slightly less concentrated in Durham-Chapel Hill compared to the national average, suggesting a balanced job market.
What is the total workforce size for Management Analysts in this area?
There are approximately 1,600 Management Analysts working in the Durham-Chapel Hill, NC area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,600 employees in the Durham-Chapel Hill, NC area with a job density of 4.657 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 Durham-Chapel Hill, NC