SalaryNode

Average Management Analysts Salary in Fargo, ND-MN

Management Analysts in Fargo, ND-MN earn an average annual salary of $89,600. This figure is notably below the national average of $119,370, suggesting that local market dynamics and potentially a lower demand for specialized analytical roles influence compensation in this region. The specific economic landscape of Fargo shapes the earning potential for these professionals.

Executive Summary

  • Average Salary: $89,600 per year.
  • Growth Trend: Salaries have shifted 25.6% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $138,340.
  • Outlook: With a local workforce of approximately 500 Management Analysts, Fargo presents a modest but stable employment base for this profession. The Location Quotient of 0.58 indicates that Management Analysts are less concentrated in Fargo compared to the national average, suggesting a less saturated but potentially less robust job market. While not a major hub, the consistent presence of these roles points to ongoing demand within the local economy.
2024 Market Data

Salary Overview

$89,600

The average Management Analysts in Fargo, ND-MN earns-24.9%below the national average.

BreakdownBased on 40h/week
Hourly

$43.1

Weekly

$1,723

Monthly

$7,467

Management Analysts Salary Distribution in Fargo, ND-MN

The salary trajectory for Management Analysts in Fargo, like elsewhere, is significantly influenced by experience. Entry-level positions typically start at a lower percentile, while seasoned professionals with extensive expertise and a proven track record can command salaries in the higher percentiles. The widening gap between entry-level and senior compensation reflects the value placed on accumulated knowledge and strategic problem-solving capabilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$48,900$23.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$67,200$32.3
ManagerOversees team, compliance, and project delivery.50% (Median)$80,400$38.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$112,000$53.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$138,340$66.5

Detailed Management Analysts Market Analysis

Relocation Context

Nominal Salary

$89,600

Gross Pay

Real Wage (Purchasing Power)

$89,600

Adjusted for COL (100)

The average Management Analyst salary of $89,600 in Fargo aligns perfectly with the national average cost of living index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that salary is equivalent to the national standard, making Fargo an economically stable choice for these professionals from a cost-of-living perspective.

Job Market Context

500

Total Jobs

3.364

Per 1K Jobs

0.58

Location Quotient

Below Average

Fargo, ND-MN has 0.58x 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 0.58 signifies that Management Analysts are less prevalent in Fargo, ND-MN, relative to the national average. This suggests that the job market for these professionals is less competitive and potentially offers more opportunities for those seeking to establish themselves, as the supply of analysts is lower than the national benchmark. However, it also implies a smaller overall pool of specialized roles.

Nearby Job Markets

Nearby Cities for Management Analysts

CitySalaryDist.
Grand Forks, ND-MN Management Analysts Salary$81,430↓ 9%74 mi

Comparing salaries near Fargo, ND-MN

Hiring Management Analystss?

Frequently Asked Questions

How much does a Management Analysts make in Fargo, ND-MN?

The median annual salary for a Management Analysts in Fargo, ND-MN is $89,600. This typically ranges from $48,900 for entry-level positions to $138,340 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Fargo, ND-MN is 24.9% lower than the national median of $119,370.

Is Fargo, ND-MN a lucrative place for Management Analysts?

No, not compared to the national average.While the cost of living is average, the typical salary for Management Analysts in Fargo is significantly lower than the national average, indicating less lucrative earning potential.

Is Fargo, ND-MN a good place to live for Management Analysts?

The Cost of Living Index in Fargo, ND-MN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Fargo, ND-MN?

Some top paying nearby cities include Grand Forks, ND-MN ($81,430) and others.

How does Fargo's Management Analyst salary compare to the national average?

The average salary for Management Analysts in Fargo, ND-MN is $89,600, which is considerably lower than the national average of $119,370.

What is the cost of living in Fargo, ND-MN for Management Analysts?

Fargo, ND-MN has a cost of living index of 100, which is exactly the national average, meaning expenses are comparable to the rest of the country.

How concentrated are Management Analysts in Fargo?

The concentration of Management Analysts in Fargo is below the national average, with a Location Quotient of 0.58, indicating fewer analysts per capita than the national norm.

What is the total workforce size for Management Analysts in Fargo?

There are approximately 500 Management Analysts working in the Fargo, ND-MN area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 500 employees in the Fargo, ND-MN area with a job density of 3.364 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Management Analysts • Data source: BLS OEWS 2024 •Jobs in Fargo, ND-MN