Average Management Analysts Salary in Fort Wayne, IN
Management Analysts in Fort Wayne, IN, earn an average annual salary of $95,860. This figure is notably below the national average of $119,370, reflecting the specific economic dynamics and demand within the Fort Wayne metropolitan area. Local market conditions, industry concentration, and the overall cost of doing business significantly influence compensation levels for these critical roles.
Executive Summary
- Average Salary: $95,860 per year.
- Growth Trend: Salaries have shifted 43.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $129,190.
- Outlook: The Fort Wayne, IN, job market for Management Analysts shows a moderate presence, with a total local workforce of 610 individuals. The Location Quotient of 0.47 indicates that this profession is less concentrated in Fort Wayne compared to the national average, suggesting a potentially less saturated but also less robust demand for these specialized skills within the immediate region.
Salary Overview
The average Management Analysts in Fort Wayne, IN earns-19.7%below the national average.
$46.1
$1,843
$7,988
Management Analysts Salary Trends (2020-2024)
While specific historical data for Fort Wayne is not provided, it is generally assumed that Management Analyst salaries nationwide have experienced steady growth over the past four years, driven by increasing business complexity and the need for strategic guidance. This upward trend is likely mirrored to some extent in Fort Wayne, though local economic factors may moderate the pace of salary increases.
Management Analysts Salary Distribution in Fort Wayne, IN
The career trajectory for Management Analysts typically involves significant salary progression. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with extensive experience and a proven track record can command salaries well above the average. The percentile gaps in earnings clearly signify the value placed on accumulated expertise and strategic leadership within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $59,420 | $28.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $71,895 | $34.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $92,750 | $44.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $119,825 | $57.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $129,190 | $62.1 |
Detailed Management Analysts Market Analysis
Relocation Context
Nominal Salary
$95,860
Gross Pay
Real Wage (Purchasing Power)
$95,860
Adjusted for COL (100)
With an average salary of $95,860 and a Cost of Living Index of 100 (matching the national average), Management Analysts in Fort Wayne, IN, find their nominal earnings directly align with the typical cost of living. This means that while the salary is below the national average for the role, the purchasing power of that salary is comparable to the national standard, offering a stable financial environment.
Job Market Context
610
Total Jobs
2.704
Per 1K Jobs
0.47
Location Quotient
At 0.47x, Fort Wayne, IN has a notably lower concentration of Management Analysts jobs than the national average. Opportunities in this area are relatively scarce for this profession.
The Location Quotient of 0.47 for Management Analysts in Fort Wayne, IN, signifies that the concentration of these professionals is less than half of the national average. This suggests that the job market may be less competitive in terms of the sheer number of available analysts, but it also points to a potentially lower overall demand or fewer specialized opportunities compared to more concentrated metropolitan areas.
Nearby Job Markets
Nearby Cities for Management Analysts
| City | Salary | Dist. |
|---|---|---|
| Lima, OH Management Analysts Salary | $86,810↓ 9% | 59 mi |
| Elkhart-Goshen, IN Management Analysts Salary | $94,790↓ 1% | 59 mi |
| Muncie, IN Management Analysts Salary | $89,500↓ 7% | 63 mi |
| Kokomo, IN Management Analysts Salary | $100,350↑ 5% | 67 mi |
| South Bend-Mishawaka, IN-MI Management Analysts Salary | $95,010↓ 1% | 71 mi |
Comparing salaries near Fort Wayne, IN
Hiring Management Analystss?
Frequently Asked Questions
How much does a Management Analysts make in Fort Wayne, IN?
The median annual salary for a Management Analysts in Fort Wayne, IN is $95,860. This typically ranges from $59,420 for entry-level positions to $129,190 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fort Wayne, IN is 19.7% lower than the national median of $119,370.
Is Fort Wayne, IN a lucrative place for Management Analysts?
No, it is not considered highly lucrative compared to national standards.The average salary of $95,860 is significantly lower than the national average of $119,370, although the cost of living is at the national average, mitigating some of the disparity.
Is Fort Wayne, IN a good place to live for Management Analysts?
The Cost of Living Index in Fort Wayne, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fort Wayne, IN?
Some top paying nearby cities include Lima, OH ($86,810) and Elkhart-Goshen, IN.
How does the local workforce size affect Management Analyst opportunities in Fort Wayne?
A local workforce of 610 Management Analysts suggests a moderate-sized professional community, indicating a stable but not exceptionally large pool of talent and potential employers within the region.
What does a Location Quotient of 0.47 mean for Management Analysts in Fort Wayne?
A Location Quotient of 0.47 indicates that Management Analysts are less concentrated in Fort Wayne than the national average, implying fewer specialized roles or a less developed market for this profession compared to national benchmarks.
How does the cost of living in Fort Wayne compare to the national average?
Fort Wayne's Cost of Living Index is exactly 100, meaning it is on par with the national average. This suggests that the purchasing power of a salary in Fort Wayne is comparable to that of a salary in a typical U.S. city.
What is the job density for Management Analysts in Fort Wayne?
With 2.704 jobs per 1,000 workers, the job density for Management Analysts in Fort Wayne is relatively low, indicating that these roles are not as prevalent as in areas with higher job density.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 610 employees in the Fort Wayne, IN area with a job density of 2.704 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 Fort Wayne, IN