Average Management Analysts Salary in Hagerstown-Martinsburg, MD-WV
Management Analysts in the Hagerstown-Martinsburg, MD-WV area earn an average annual salary of $110,190. This figure is slightly below the national average of $119,370, indicating a localized compensation structure influenced by regional economic factors and industry demand within this specific metropolitan area.
Executive Summary
- Average Salary: $110,190 per year.
- Growth Trend: Salaries have shifted 15.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $151,570.
- Outlook: The Hagerstown-Martinsburg area supports a local workforce of 330 Management Analysts. With a Location Quotient of 0.54, the concentration of these roles is below the national average, suggesting a less saturated but potentially developing market for these professionals within the region.
Salary Overview
The average Management Analysts in Hagerstown-Martinsburg, MD-WV earns-7.7%below the national average.
$53
$2,119
$9,183
Management Analysts Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Management Analysts in Hagerstown-Martinsburg have seen gradual growth over the past four years, mirroring national trends of increasing demand for strategic business expertise and the corresponding upward pressure on compensation.
Management Analysts Salary Distribution in Hagerstown-Martinsburg, MD-WV
The career trajectory for Management Analysts typically involves significant salary increases with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive expertise and a proven track record can command salaries in the higher percentiles, reflecting their increased value and strategic contribution.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $63,260 | $30.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $82,643 | $39.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $109,120 | $52.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $137,738 | $66.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $151,570 | $72.9 |
Detailed Management Analysts Market Analysis
Relocation Context
Nominal Salary
$110,190
Gross Pay
Real Wage (Purchasing Power)
$110,190
Adjusted for COL (100)
The average annual salary of $110,190 in Hagerstown-Martinsburg aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Management Analyst's salary in this region is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services.
Job Market Context
330
Total Jobs
3.152
Per 1K Jobs
0.54
Location Quotient
Hagerstown-Martinsburg, MD-WV has 0.54x 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 0.54 signifies that Management Analysts are less concentrated in Hagerstown-Martinsburg compared to the national average. This suggests that while the demand exists, the job market may be less competitive, potentially offering more opportunities for skilled professionals to establish themselves or advance their careers within the local economy.
Nearby Job Markets
Nearby Cities for Management Analysts
| City | Salary | Dist. |
|---|---|---|
| Chambersburg, PA Management Analysts Salary | $107,570↓ 2% | 20 mi |
| Gettysburg, PA Management Analysts Salary | $110,520↑ 0% | 29 mi |
| Winchester, VA-WV Management Analysts Salary | $111,640↑ 1% | 40 mi |
| York-Hanover, PA Management Analysts Salary | $109,800↓ 0% | 57 mi |
| Harrisburg-Carlisle, PA Management Analysts Salary | $85,640↓ 22% | 62 mi |
Comparing salaries near Hagerstown-Martinsburg, MD-WV
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Frequently Asked Questions
How much does a Management Analysts make in Hagerstown-Martinsburg, MD-WV?
The median annual salary for a Management Analysts in Hagerstown-Martinsburg, MD-WV is $110,190. This typically ranges from $63,260 for entry-level positions to $151,570 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hagerstown-Martinsburg, MD-WV is 7.7% lower than the national median of $119,370.
Is Hagerstown-Martinsburg, MD-WV a lucrative place for Management Analysts?
No, not exceptionally lucrative compared to the national average.While the average salary of $110,190 is substantial, it falls short of the national average of $119,370. However, the cost of living being at the national average means the salary's purchasing power is comparable.
Is Hagerstown-Martinsburg, MD-WV a good place to live for Management Analysts?
The Cost of Living Index in Hagerstown-Martinsburg, MD-WV is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Hagerstown-Martinsburg, MD-WV?
Some top paying nearby cities include Chambersburg, PA ($107,570) and Gettysburg, PA.
How does the Hagerstown-Martinsburg Management Analyst salary compare to the national average?
The average salary for Management Analysts in Hagerstown-Martinsburg is $110,190, which is approximately 7.7% lower than the national average of $119,370.
What is the concentration of Management Analysts in Hagerstown-Martinsburg?
The concentration, measured by the Location Quotient, is 0.54, indicating that Management Analysts are less prevalent in this area compared to the national average.
How does the cost of living affect the Management Analyst salary in Hagerstown-Martinsburg?
The Cost of Living Index is 100, which is the national average. This means the $110,190 salary has the same purchasing power as the national average salary in relation to living expenses.
What is the total number of Management Analysts in Hagerstown-Martinsburg?
There are approximately 330 Management Analysts employed in the Hagerstown-Martinsburg, MD-WV metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 330 employees in the Hagerstown-Martinsburg, MD-WV area with a job density of 3.152 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 Hagerstown-Martinsburg, MD-WV