Average Management Analysts Salary in Massachusetts
Management Analysts in Massachusetts command an impressive average annual salary of $147,330, significantly outpacing the national average of $119,370. This substantial difference is largely driven by the state's robust economy, high demand for specialized analytical skills, and the concentration of industries that rely heavily on strategic planning and operational efficiency.
Executive Summary
- Average Salary: $147,330 per year.
- Growth Trend: Salaries have shifted 30.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $215,560.
- Outlook: With a local workforce of 30,100 Management Analysts and a Location Quotient of 1.43, Massachusetts demonstrates a strong and concentrated demand for this profession. A Location Quotient above 1.0 indicates a higher concentration of these jobs in the state compared to the national average, suggesting a robust job market with significant opportunities for skilled professionals.
Salary Overview
The average Management Analysts in Massachusetts earns+23.4%above the national average.
$70.8
$2,833
$12,278
Management Analysts Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the average salary for Management Analysts in Massachusetts has experienced consistent growth over the past four years. This trend is typically driven by increasing demand for strategic insights, evolving business landscapes, and the general inflationary pressures that affect compensation across most professional fields.
Management Analysts Salary Distribution in Massachusetts
Salary progression for Management Analysts in Massachusetts is strongly tied to experience and specialization. Entry-level positions typically start at the lower end of the pay scale, while seasoned analysts with extensive experience and proven track records in areas like process improvement or strategic planning can command salaries well into the upper percentiles, reflecting a clear career growth trajectory.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $79,410 | $38.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $110,498 | $53.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $131,840 | $63.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $184,163 | $88.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $215,560 | $103.6 |
Detailed Management Analysts Market Analysis
Relocation Context
Nominal Salary
$147,330
Gross Pay
Real Wage (Purchasing Power)
$99,279
Adjusted for COL (148.4)
The nominal average salary of $147,330 in Massachusetts is significantly impacted by the state's Cost of Living Index of 148.4, which is substantially higher than the national average. While the high salary offers considerable purchasing power, individuals should carefully consider the elevated costs of housing, transportation, and everyday expenses when evaluating their net disposable income in the state.
Job Market Context
30,100
Total Jobs
8.263
Per 1K Jobs
1.43
Location Quotient
With a location quotient of 1.43, Massachusetts has a slightly higher-than-average concentration of Management Analysts roles compared to the national norm.
A Location Quotient of 1.43 signifies that Management Analysts are more concentrated in Massachusetts than the national average, indicating a specialized and potentially competitive market. This higher concentration suggests that employers in the state actively seek out and value the expertise of these professionals, potentially leading to more specialized roles and opportunities for career advancement within the state.
Nearby Job Markets
Nearby Cities for Management Analysts
| City | Salary | Dist. |
|---|---|---|
| Worcester, MA Management Analysts Salary | $120,220↓ 18% | 14 mi |
| Boston-Cambridge-Newton, MA-NH Management Analysts Salary | $149,850↑ 2% | 24 mi |
| Providence-Warwick, RI-MA Management Analysts Salary | $105,060↓ 29% | 29 mi |
| Amherst Town-Northampton, MA Management Analysts Salary | $112,110↓ 24% | 52 mi |
| Springfield, MA Management Analysts Salary | $120,950↓ 18% | 52 mi |
Comparing salaries near Massachusetts
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Frequently Asked Questions
How much does a Management Analysts make in Massachusetts?
The median annual salary for a Management Analysts in Massachusetts is $147,330. This typically ranges from $79,410 for entry-level positions to $215,560 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Massachusetts is 23.4% higher than the national median of $119,370.
Is Massachusetts a lucrative place for Management Analysts?
Yes, Massachusetts is a highly lucrative state for Management Analysts.The average salary significantly exceeds the national average, and the high concentration of these roles indicates strong employer demand.
Is Massachusetts a good place to live for Management Analysts?
The Cost of Living Index in Massachusetts is 148.4. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Massachusetts?
Some top paying nearby cities include Worcester, MA ($120,220) and Boston-Cambridge-Newton, MA-NH.
How does the number of Management Analysts in Massachusetts compare nationally?
Massachusetts employs 30,100 Management Analysts, and with a Location Quotient of 1.43, the concentration of these roles is higher than the national average.
What is the average salary for a Management Analyst in Massachusetts?
The average annual salary for a Management Analyst in Massachusetts is $147,330, which is considerably higher than the national average.
How does the cost of living affect the Management Analyst salary in Massachusetts?
With a Cost of Living Index of 148.4, the high salary in Massachusetts must be weighed against significantly higher expenses for housing and daily life compared to the national average.
Are there many job opportunities for Management Analysts in Massachusetts?
Yes, the Location Quotient of 1.43 and 8.263 jobs per 1,000 workers suggest a strong and concentrated demand for Management Analysts in Massachusetts.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 30,100 employees in the Massachusetts area with a job density of 8.263 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 Massachusetts