Average Management Analysts Salary in Minneapolis-St. Paul-Bloomington, MN-WI
Management Analysts in the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area earn an average annual salary of $113,610. This figure is slightly below the national average of $119,370, suggesting a nuanced compensation landscape influenced by regional economic factors and industry demands specific to the Twin Cities area.
Executive Summary
- Average Salary: $113,610 per year.
- Growth Trend: Salaries have shifted 12.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $169,540.
- Outlook: With a substantial local workforce of 18,030 Management Analysts, the Minneapolis-St. Paul-Bloomington area demonstrates a significant concentration of these professionals. The Location Quotient of 1.61 indicates a demand for these roles that is 61% higher than the national average, signaling a robust and active job market for management analysis expertise within the region.
Salary Overview
The average Management Analysts in Minneapolis-St. Paul-Bloomington, MN-WI earns-4.8%below the national average.
$54.6
$2,185
$9,468
Management Analysts Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Management Analysts in Minneapolis-St. Paul-Bloomington have experienced consistent growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for strategic business insights, and evolving economic conditions likely contribute to a positive salary trajectory for professionals in this field.
Management Analysts Salary Distribution in Minneapolis-St. Paul-Bloomington, MN-WI
The career path for Management Analysts typically involves significant salary progression based on experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries well into the upper percentiles. The widening gap between entry-level and senior roles underscores the value placed on accumulated expertise and strategic leadership.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $63,910 | $30.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $85,208 | $41 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $97,390 | $46.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $142,013 | $68.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $169,540 | $81.5 |
Detailed Management Analysts Market Analysis
Relocation Context
Nominal Salary
$113,610
Gross Pay
Real Wage (Purchasing Power)
$113,610
Adjusted for COL (100)
The average nominal salary of $113,610 in Minneapolis-St. Paul-Bloomington aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Management Analyst's salary in this region is equivalent to the national average, offering stable financial footing without the added pressure of higher living expenses.
Job Market Context
18,030
Total Jobs
9.334
Per 1K Jobs
1.61
Location Quotient
Minneapolis-St. Paul-Bloomington, MN-WI has 1.6x the national concentration of Management Analysts jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
The Location Quotient of 1.61 for Management Analysts in Minneapolis-St. Paul-Bloomington signifies a notably higher concentration of these roles compared to the national average. This suggests a competitive yet abundant job market where demand for skilled analysts is strong, potentially offering ample opportunities for both new entrants and experienced professionals.
Nearby Job Markets
Nearby Cities for Management Analysts
| City | Salary | Dist. |
|---|---|---|
| Northwest Minnesota nonmetropolitan area Management Analysts Salary | $84,740↓ 25% | 58 mi |
| Southeast Minnesota nonmetropolitan area Management Analysts Salary | $86,870↓ 24% | 58 mi |
| Southwest Minnesota nonmetropolitan area Management Analysts Salary | $93,620↓ 18% | 58 mi |
| Northeast Minnesota nonmetropolitan area Management Analysts Salary | $84,350↓ 26% | 58 mi |
| St. Cloud, MN Management Analysts Salary | $92,460↓ 19% | 59 mi |
Comparing salaries near Minneapolis-St. Paul-Bloomington, MN-WI
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Frequently Asked Questions
How much does a Management Analysts make in Minneapolis-St. Paul-Bloomington, MN-WI?
The median annual salary for a Management Analysts in Minneapolis-St. Paul-Bloomington, MN-WI is $113,610. This typically ranges from $63,910 for entry-level positions to $169,540 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Minneapolis-St. Paul-Bloomington, MN-WI is 4.8% lower than the national median of $119,370.
Is Minneapolis-St. Paul-Bloomington, MN-WI a lucrative place for Management Analysts?
Yes, with a stable cost of living.Management Analysts in Minneapolis-St. Paul-Bloomington earn a solid $113,610, and with a Cost of Living Index at the national average, their salary offers strong purchasing power.
Is Minneapolis-St. Paul-Bloomington, MN-WI a good place to live for Management Analysts?
The Cost of Living Index in Minneapolis-St. Paul-Bloomington, MN-WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Minneapolis-St. Paul-Bloomington, MN-WI?
Some top paying nearby cities include Northwest Minnesota nonmetropolitan area ($84,740) and Southeast Minnesota nonmetropolitan area.
How does the Minneapolis-St. Paul-Bloomington salary compare to the national average?
The average salary for Management Analysts in Minneapolis-St. Paul-Bloomington is $113,610, which is slightly lower than the national average of $119,370.
What is the job market like for Management Analysts in Minneapolis-St. Paul-Bloomington?
The job market is robust, indicated by a Location Quotient of 1.61, meaning the concentration of Management Analysts is 61% higher than the national average, and a significant local workforce of 18,030.
How does the cost of living affect the salary in Minneapolis-St. Paul-Bloomington?
The Cost of Living Index is 100, which is the national average. This means the $113,610 salary has purchasing power equivalent to the national average, making it financially stable.
What does a Location Quotient of 1.61 mean for Management Analysts?
A Location Quotient of 1.61 indicates that Management Analysts are more concentrated in the Minneapolis-St. Paul-Bloomington area than the national average, suggesting a higher demand or a more established presence of the profession.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 18,030 employees in the Minneapolis-St. Paul-Bloomington, MN-WI area with a job density of 9.334 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 Minneapolis-St. Paul-Bloomington, MN-WI