Average Management Analysts Salary in Huntsville, AL
Management Analysts in Huntsville, AL, command an impressive average annual salary of $120,490, slightly surpassing the national average of $119,370. This favorable compensation is influenced by Huntsville's unique economic landscape, particularly its strong presence in aerospace, defense, and technology sectors, which often require specialized analytical expertise.
Executive Summary
- Average Salary: $120,490 per year.
- Growth Trend: Salaries have shifted 14.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $164,950.
- Outlook: With a local workforce of 1,800 Management Analysts and a Location Quotient of 1.2, Huntsville demonstrates a robust and concentrated demand for these professionals. The concentration above the national average suggests a specialized market where analytical skills are highly valued and actively sought after, indicating a healthy job market for this role.
Salary Overview
The average Management Analysts in Huntsville, AL earns+0.9%above the national average.
$57.9
$2,317
$10,041
Management Analysts Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that Management Analyst salaries in Huntsville have experienced steady growth over the past four years, mirroring national trends. Factors such as increasing demand for strategic planning, operational efficiency, and data-driven decision-making likely contribute to upward salary pressure in this field.
Management Analysts Salary Distribution in Huntsville, AL
The salary trajectory for Management Analysts in Huntsville typically scales significantly with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies clear opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $77,720 | $37.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $90,368 | $43.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $118,270 | $56.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $150,613 | $72.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $164,950 | $79.3 |
Detailed Management Analysts Market Analysis
Relocation Context
Nominal Salary
$120,490
Gross Pay
Real Wage (Purchasing Power)
$120,490
Adjusted for COL (100)
The average annual salary of $120,490 in Huntsville 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 Huntsville is equivalent to the national standard, offering a stable financial foundation without the pressure of higher living expenses.
Job Market Context
1,800
Total Jobs
6.937
Per 1K Jobs
1.2
Location Quotient
With a location quotient of 1.20, Huntsville, AL has a slightly higher-than-average concentration of Management Analysts roles compared to the national norm.
A Location Quotient of 1.2 indicates that Huntsville has 20% more Management Analysts per worker than the national average. This suggests a competitive yet abundant job market, where employers actively recruit and retain analytical talent, potentially leading to more specialized roles and opportunities for professionals in this field.
Nearby Job Markets
Nearby Cities for Management Analysts
| City | Salary | Dist. |
|---|---|---|
| Decatur, AL Management Analysts Salary | $96,220↓ 20% | 22 mi |
| East Tennessee nonmetropolitan area Management Analysts Salary | $101,670↓ 16% | 73 mi |
| South Central Tennessee nonmetropolitan area Management Analysts Salary | $111,180↓ 8% | 73 mi |
Comparing salaries near Huntsville, AL
Hiring Management Analystss?
Frequently Asked Questions
How much does a Management Analysts make in Huntsville, AL?
The median annual salary for a Management Analysts in Huntsville, AL is $120,490. This typically ranges from $77,720 for entry-level positions to $164,950 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Huntsville, AL is 0.9% higher than the national median of $119,370.
Is Huntsville, AL a lucrative place for Management Analysts?
Yes, Huntsville, AL is a lucrative place for Management Analysts.Management Analysts in Huntsville earn slightly above the national average salary, and with a cost of living that matches the national average, their effective earning potential is strong.
Is Huntsville, AL a good place to live for Management Analysts?
The Cost of Living Index in Huntsville, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Huntsville, AL?
Some top paying nearby cities include Decatur, AL ($96,220) and East Tennessee nonmetropolitan area.
How does the number of Management Analysts in Huntsville compare nationally?
Huntsville employs approximately 1,800 Management Analysts, and with a Location Quotient of 1.2, the concentration of these professionals is higher than the national average, indicating a significant local presence.
What is the significance of the Location Quotient (LQ) for Management Analysts in Huntsville?
An LQ of 1.2 signifies that Huntsville has a higher concentration of Management Analysts than the national average, suggesting a specialized demand for these roles within the local economy.
How does the cost of living in Huntsville affect a Management Analyst's salary?
With a Cost of Living Index of 100, Huntsville's cost of living is on par with the national average. This means the $120,490 salary provides purchasing power equivalent to the national median.
What factors might contribute to the higher-than-average salary for Management Analysts in Huntsville?
Huntsville's strong presence in sectors like aerospace, defense, and technology likely drives demand for specialized analytical skills, contributing to salaries that exceed the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,800 employees in the Huntsville, AL area with a job density of 6.937 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 Huntsville, AL