Average Management Analysts Salary in Louisville/Jefferson County, KY-IN
Management Analysts in Louisville/Jefferson County, KY-IN earn an average annual salary of $94,850. This figure is notably below the national average of $119,370, suggesting that local market dynamics and potentially a different industry focus influence compensation in this region. The specific economic landscape of Louisville/Jefferson County, KY-IN plays a significant role in shaping the earning potential for these professionals.
Executive Summary
- Average Salary: $94,850 per year.
- Growth Trend: Salaries have shifted 10.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $130,350.
- Outlook: The Louisville/Jefferson County, KY-IN area supports a local workforce of 1,960 Management Analysts. With a Location Quotient of 0.49, the concentration of these roles is below the national average, indicating a less saturated market compared to national trends. While the absolute number of jobs per 1,000 workers stands at 2.851, the lower concentration suggests that while opportunities exist, the demand might not be as robust as in more concentrated metropolitan areas.
Salary Overview
The average Management Analysts in Louisville/Jefferson County, KY-IN earns-20.5%below the national average.
$45.6
$1,824
$7,904
Management Analysts Salary Trends (2020-2024)
While specific historical data for Louisville/Jefferson County, KY-IN is not provided, it is reasonable to assume a general upward trend in Management Analyst salaries over the past four years, mirroring national patterns. Economic growth, evolving business needs, and inflation typically drive salary increases for skilled professionals. Therefore, Management Analysts in this region likely have experienced modest salary growth, reflecting broader economic conditions and the increasing value placed on strategic analysis.
Management Analysts Salary Distribution in Louisville/Jefferson County, KY-IN
The salary progression for Management Analysts in Louisville/Jefferson County, KY-IN typically scales significantly with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with extensive expertise and a proven track record can command substantially higher salaries. The percentile gaps between junior and senior roles highlight the substantial career progression and earning potential available as analysts advance in their careers.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $59,240 | $28.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $71,138 | $34.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $88,000 | $42.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $118,563 | $57 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $130,350 | $62.7 |
Detailed Management Analysts Market Analysis
Relocation Context
Nominal Salary
$94,850
Gross Pay
Real Wage (Purchasing Power)
$94,850
Adjusted for COL (100)
The average nominal salary of $94,850 for Management Analysts in Louisville/Jefferson County, KY-IN 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 this region is equivalent to the national average. While the salary is lower than the national average, the cost of living being on par with the national average suggests that the real value of the salary is maintained, offering a stable financial standing for residents.
Job Market Context
1,960
Total Jobs
2.851
Per 1K Jobs
0.49
Location Quotient
At 0.49x, Louisville/Jefferson County, KY-IN has a notably lower concentration of Management Analysts jobs than the national average. Opportunities in this area are relatively scarce for this profession.
With a Location Quotient of 0.49, the Management Analyst job market in Louisville/Jefferson County, KY-IN is less concentrated than the national average. This indicates that the region has a smaller proportion of these professionals relative to the national distribution. Consequently, the market may be less competitive for job seekers, potentially offering more opportunities for those with specialized skills, though the overall demand might be lower compared to highly concentrated areas.
Nearby Job Markets
Nearby Cities for Management Analysts
| City | Salary | Dist. |
|---|---|---|
| Elizabethtown, KY Management Analysts Salary | $93,290↓ 2% | 39 mi |
| Columbus, IN Management Analysts Salary | $92,370↓ 3% | 67 mi |
| Central Kentucky nonmetropolitan area Management Analysts Salary | $88,120↓ 7% | 72 mi |
| South Central Kentucky nonmetropolitan area Management Analysts Salary | $86,990↓ 8% | 72 mi |
| West Kentucky nonmetropolitan area Management Analysts Salary | $87,480↓ 8% | 72 mi |
Comparing salaries near Louisville/Jefferson County, KY-IN
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Frequently Asked Questions
How much does a Management Analysts make in Louisville/Jefferson County, KY-IN?
The median annual salary for a Management Analysts in Louisville/Jefferson County, KY-IN is $94,850. This typically ranges from $59,240 for entry-level positions to $130,350 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Louisville/Jefferson County, KY-IN is 20.5% lower than the national median of $119,370.
Is Louisville/Jefferson County, KY-IN a lucrative place for Management Analysts?
No, not compared to the national average.While the cost of living is average, the average salary of $94,850 is significantly lower than the national average of $119,370. The lower location quotient also suggests less concentrated demand.
Is Louisville/Jefferson County, KY-IN a good place to live for Management Analysts?
The Cost of Living Index in Louisville/Jefferson County, KY-IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Louisville/Jefferson County, KY-IN?
Some top paying nearby cities include Elizabethtown, KY ($93,290) and Columbus, IN.
How does the Louisville Management Analyst salary compare to the national average?
The average salary for Management Analysts in Louisville/Jefferson County, KY-IN is $94,850, which is considerably lower than the national average of $119,370.
What is the Cost of Living in Louisville/Jefferson County, KY-IN for Management Analysts?
The Cost of Living Index in Louisville/Jefferson County, KY-IN is 100, which is exactly the national average, meaning the cost of goods and services is comparable to the rest of the country.
How concentrated is the Management Analyst job market in Louisville/Jefferson County, KY-IN?
The job market for Management Analysts in Louisville/Jefferson County, KY-IN is less concentrated than the national average, with a Location Quotient of 0.49.
What is the total number of Management Analysts in Louisville/Jefferson County, KY-IN?
There are approximately 1,960 Management Analysts employed in the Louisville/Jefferson County, KY-IN area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,960 employees in the Louisville/Jefferson County, KY-IN area with a job density of 2.851 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 Louisville/Jefferson County, KY-IN