Average Management Analysts Salary in Hartford-West Hartford-East Hartford, CT
Management Analysts in Hartford-West Hartford-East Hartford, CT, earn an average annual salary of $114,810. This figure is slightly below the national average of $119,370, suggesting a localized market dynamic at play. Factors such as regional economic health, industry concentration, and the specific demand within the greater Hartford area contribute to this compensation level.
Executive Summary
- Average Salary: $114,810 per year.
- Growth Trend: Salaries have shifted 21.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $170,660.
- Outlook: The local job market for Management Analysts in Hartford-West Hartford-East Hartford, CT, appears robust, with a total workforce of 4,020 professionals. The Location Quotient of 1.17 indicates a higher concentration of these roles compared to the national average, suggesting a stable and potentially growing demand for their expertise within the region.
Salary Overview
The average Management Analysts in Hartford-West Hartford-East Hartford, CT earns-3.8%below the national average.
$55.2
$2,208
$9,568
Management Analysts Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Management Analyst salaries in Hartford-West Hartford-East Hartford, CT, have experienced steady growth over the past four years, mirroring national trends. Economic expansion, evolving business needs, and inflation typically drive upward adjustments in compensation for skilled analytical roles.
Management Analysts Salary Distribution in Hartford-West Hartford-East Hartford, CT
The salary trajectory for Management Analysts significantly scales with experience. Entry-level positions typically fall in the lower percentiles, while seasoned professionals with extensive track records command salaries in the upper percentiles. The increasing salary gaps between experience levels clearly signify opportunities for career progression and higher earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $66,490 | $32 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $86,108 | $41.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $102,940 | $49.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $143,513 | $69 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $170,660 | $82 |
Detailed Management Analysts Market Analysis
Relocation Context
Nominal Salary
$114,810
Gross Pay
Real Wage (Purchasing Power)
$114,810
Adjusted for COL (100)
With an average annual salary of $114,810 and a Cost of Living Index of 100 (matching the national average), Management Analysts in Hartford-West Hartford-East Hartford, CT, experience a salary that directly aligns with the national cost of living. This means their purchasing power is effectively on par with the national average, making relocation financially neutral from a cost-of-living perspective.
Job Market Context
4,020
Total Jobs
6.79
Per 1K Jobs
1.17
Location Quotient
With a location quotient of 1.17, Hartford-West Hartford-East Hartford, CT has a slightly higher-than-average concentration of Management Analysts roles compared to the national norm.
The Location Quotient of 1.17 for Management Analysts in Hartford-West Hartford-East Hartford, CT, signifies a market that is slightly more concentrated than the national average. This suggests a healthy demand for these professionals, indicating a competitive yet accessible job market where opportunities are relatively abundant compared to the national landscape.
Nearby Job Markets
Nearby Cities for Management Analysts
| City | Salary | Dist. |
|---|---|---|
| Connecticut nonmetropolitan area Management Analysts Salary | $119,040↑ 4% | 12 mi |
| Waterbury-Shelton, CT Management Analysts Salary | $117,510↑ 2% | 23 mi |
| Springfield, MA Management Analysts Salary | $120,950↑ 5% | 25 mi |
| New Haven, CT Management Analysts Salary | $99,270↓ 14% | 34 mi |
| Norwich-New London-Willimantic, CT Management Analysts Salary | $116,970↑ 2% | 34 mi |
Comparing salaries near Hartford-West Hartford-East Hartford, CT
Hiring Management Analystss?
Frequently Asked Questions
How much does a Management Analysts make in Hartford-West Hartford-East Hartford, CT?
The median annual salary for a Management Analysts in Hartford-West Hartford-East Hartford, CT is $114,810. This typically ranges from $66,490 for entry-level positions to $170,660 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hartford-West Hartford-East Hartford, CT is 3.8% lower than the national median of $119,370.
Is Hartford-West Hartford-East Hartford, CT a lucrative place for Management Analysts?
Yes, with a caveat. While slightly below the national average, the salary is competitive given the cost of living.The average salary of $114,810 is strong, especially when considering the national average cost of living index of 100. The higher concentration of roles also suggests good job availability.
Is Hartford-West Hartford-East Hartford, CT a good place to live for Management Analysts?
The Cost of Living Index in Hartford-West Hartford-East Hartford, CT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Hartford-West Hartford-East Hartford, CT?
Some top paying nearby cities include Connecticut nonmetropolitan area ($119,040) and Waterbury-Shelton, CT.
How does the Hartford Management Analyst salary compare to the national average?
Management Analysts in Hartford-West Hartford-East Hartford, CT, earn an average of $114,810 annually, which is slightly lower than the national average of $119,370.
What is the concentration of Management Analysts in Hartford?
The Location Quotient of 1.17 indicates that Management Analysts are more concentrated in Hartford-West Hartford-East Hartford, CT, than the national average, suggesting a strong local presence of this profession.
How does the cost of living affect the Hartford Management Analyst salary?
The Cost of Living Index in Hartford is 100, which is the national average. Therefore, the nominal salary of $114,810 has the same purchasing power as the national average salary.
What is the total number of Management Analysts in the Hartford area?
There are approximately 4,020 Management Analysts working in the Hartford-West Hartford-East Hartford, CT, 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 4,020 employees in the Hartford-West Hartford-East Hartford, CT area with a job density of 6.79 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Management Analysts Salaries by State
Top Jobs in Hartford-West Hartford-East Hartford, CT
- All Occupations Salary in Hartford-West Hartford-East Hartford, CT
- Office and Administrative Support Occupations Salary in Hartford-West Hartford-East Hartford, CT
- Management Occupations Salary in Hartford-West Hartford-East Hartford, CT
- Transportation and Material Moving Occupations Salary in Hartford-West Hartford-East Hartford, CT
- Food Preparation and Serving Related Occupations Salary in Hartford-West Hartford-East Hartford, CT
- Educational Instruction and Library Occupations Salary in Hartford-West Hartford-East Hartford, CT
- Sales and Related Occupations Salary in Hartford-West Hartford-East Hartford, CT
- Healthcare Practitioners and Technical Occupations Salary in Hartford-West Hartford-East Hartford, CT
- Business and Financial Operations Occupations Salary in Hartford-West Hartford-East Hartford, CT
- Healthcare Support Occupations Salary in Hartford-West Hartford-East Hartford, CT
- Browse All Jobs in Hartford-West Hartford-East Hartford, CT →
Semantic Salary Analysis for Management Analysts • Data source: BLS OEWS 2024 •Jobs in Hartford-West Hartford-East Hartford, CT