Average Management Analysts Salary in Lynchburg, VA
Management Analysts in Lynchburg, VA, earn an average annual salary of $90,960. This figure is notably below the national average of $119,370, reflecting regional economic factors and the specific demand for these analytical roles within the Lynchburg market. The localized pay scale is a direct consequence of the area's unique economic landscape and industry concentration.
Executive Summary
- Average Salary: $90,960 per year.
- Growth Trend: Salaries have shifted 11.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $142,760.
- Outlook: The Lynchburg, VA job market for Management Analysts, while not as concentrated as the national average with a Location Quotient of 0.69, still supports a dedicated workforce of 390 professionals. The presence of 4.015 jobs per 1,000 workers indicates a steady, albeit moderate, demand for these specialized skills within the local economy, suggesting a stable environment for existing analysts and potential new entrants.
Salary Overview
The average Management Analysts in Lynchburg, VA earns-23.8%below the national average.
$43.7
$1,749
$7,580
Management Analysts Salary Trends (2020-2024)
While specific historical data for Lynchburg's Management Analyst salaries over the past four years is not provided, it is generally assumed that, mirroring national trends, compensation in this field has likely seen incremental growth. Economic shifts, inflation, and evolving business needs typically drive modest annual increases in salary for skilled professionals like Management Analysts.
Management Analysts Salary Distribution in Lynchburg, VA
The career trajectory for Management Analysts in Lynchburg, as elsewhere, typically involves significant salary progression with experience. Entry-level positions might start at a lower percentile, while seasoned professionals with extensive expertise and a proven track record can command salaries in the higher percentiles. These percentile gaps clearly signify 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) | $53,660 | $25.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $68,220 | $32.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $80,410 | $38.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $113,700 | $54.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $142,760 | $68.6 |
Detailed Management Analysts Market Analysis
Relocation Context
Nominal Salary
$90,960
Gross Pay
Real Wage (Purchasing Power)
$90,960
Adjusted for COL (100)
For individuals considering a move to Lynchburg, VA, the Management Analyst salary of $90,960 aligns perfectly with the local Cost of Living Index, which stands at 100, precisely matching the national average. This means that the purchasing power of the Lynchburg salary is equivalent to the national average, offering a stable financial footing without the premium often associated with higher cost-of-living areas.
Job Market Context
390
Total Jobs
4.015
Per 1K Jobs
0.69
Location Quotient
Lynchburg, VA has 0.69x 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.
With a Location Quotient of 0.69, Lynchburg, VA, has a lower concentration of Management Analysts compared to the national average. This suggests that the market is less saturated, potentially offering a competitive edge for skilled analysts seeking opportunities. While not a hub for the profession, the demand is present, indicating a market where expertise can be highly valued.
Nearby Job Markets
Nearby Cities for Management Analysts
| City | Salary | Dist. |
|---|---|---|
| Roanoke, VA Management Analysts Salary | $99,680↑ 10% | 43 mi |
| Staunton-Stuarts Draft, VA Management Analysts Salary | $94,590↑ 4% | 53 mi |
| Charlottesville, VA Management Analysts Salary | $123,250↑ 35% | 59 mi |
| Southside Virginia nonmetropolitan area Management Analysts Salary | $104,040↑ 14% | 61 mi |
| Northern West Virginia nonmetropolitan area Management Analysts Salary | $81,710↓ 10% | 61 mi |
Comparing salaries near Lynchburg, VA
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Frequently Asked Questions
How much does a Management Analysts make in Lynchburg, VA?
The median annual salary for a Management Analysts in Lynchburg, VA is $90,960. This typically ranges from $53,660 for entry-level positions to $142,760 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lynchburg, VA is 23.8% lower than the national median of $119,370.
Is Lynchburg, VA a lucrative place for Management Analysts?
No, but it offers stable value.While the average salary of $90,960 is below the national average, the cost of living is also at the national average, meaning your earnings have equivalent purchasing power.
Is Lynchburg, VA a good place to live for Management Analysts?
The Cost of Living Index in Lynchburg, VA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lynchburg, VA?
Some top paying nearby cities include Roanoke, VA ($99,680) and Staunton-Stuarts Draft, VA.
How does Lynchburg's Management Analyst salary compare to the national average?
The average annual salary for Management Analysts in Lynchburg, VA, is $90,960, which is lower than the national average of $119,370.
What is the Cost of Living in Lynchburg, VA?
Lynchburg, VA, has a Cost of Living Index of 100, which is exactly the national average, indicating that the general cost of goods and services is comparable to the rest of the country.
How many Management Analysts work in Lynchburg, VA?
There are approximately 390 Management Analysts employed in Lynchburg, VA, representing a local workforce concentration that is below the national average.
Is the demand for Management Analysts high in Lynchburg, VA?
The demand is moderate, with 4.015 Management Analyst jobs per 1,000 workers, and a Location Quotient of 0.69, suggesting a stable but not exceptionally high concentration of these roles compared to national benchmarks.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 390 employees in the Lynchburg, VA area with a job density of 4.015 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 Lynchburg, VA