Average Management Analysts Salary in New York
Management Analysts in New York earn an impressive average annual salary of $124,510, surpassing the national average of $119,370. This premium is largely driven by the state's robust economic activity, high demand for strategic business expertise, and the concentration of major corporations requiring sophisticated analytical support.
Executive Summary
- Average Salary: $124,510 per year.
- Growth Trend: Salaries have shifted 9.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $203,410.
- Outlook: With a substantial local workforce of 65,390 Management Analysts and a Location Quotient of 1.18, New York demonstrates a strong and slightly above-average concentration of these professionals. This indicates a healthy and active job market where demand for skilled analysts is consistently present, suggesting a robust environment for career opportunities and stability.
Salary Overview
The average Management Analysts in New York earns+4.3%above the national average.
$59.9
$2,394
$10,376
Management Analysts Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that the demand for Management Analysts in New York has seen steady growth over the past four years, mirroring national trends. This sustained demand, coupled with the increasing complexity of business operations, likely translates to a consistent upward trend in average salaries for this role within the state.
Management Analysts Salary Distribution in New York
The salary trajectory for Management Analysts in New York significantly scales with experience. Entry-level positions typically start at lower percentiles, while seasoned professionals with extensive expertise and a proven track record can command salaries in the higher percentiles, often exceeding $150,000. These percentile gaps clearly signify the career progression and increased earning potential available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $62,380 | $30 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $93,383 | $44.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $106,930 | $51.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $155,638 | $74.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $203,410 | $97.8 |
Detailed Management Analysts Market Analysis
Relocation Context
Nominal Salary
$124,510
Gross Pay
Real Wage (Purchasing Power)
$99,528
Adjusted for COL (125.1)
While the nominal average salary of $124,510 is attractive, New York's Cost of Living Index of 125.1 means that this salary's purchasing power is approximately 25.1% higher than the national average. Therefore, while the gross income is higher, the actual disposable income after accounting for the elevated cost of living requires careful consideration for individuals relocating to the state.
Job Market Context
65,390
Total Jobs
6.853
Per 1K Jobs
1.18
Location Quotient
With a location quotient of 1.18, New York has a slightly higher-than-average concentration of Management Analysts roles compared to the national norm.
A Location Quotient of 1.18 indicates that Management Analysts are 18% more concentrated in New York than the national average. This suggests a competitive yet abundant job market; while there are many opportunities, the higher concentration also means a larger pool of qualified candidates vying for these roles, necessitating strong qualifications and experience.
Nearby Job Markets
Nearby Cities for Management Analysts
| City | Salary | Dist. |
|---|---|---|
| Binghamton, NY Management Analysts Salary | $91,880↓ 26% | 49 mi |
| Scranton--Wilkes-Barre, PA Management Analysts Salary | $95,460↓ 23% | 64 mi |
| Utica-Rome, NY Management Analysts Salary | $99,380↓ 20% | 66 mi |
| Albany-Schenectady-Troy, NY Management Analysts Salary | $91,920↓ 26% | 68 mi |
Comparing salaries near New York
Hiring Management Analystss?
Frequently Asked Questions
How much does a Management Analysts make in New York?
The median annual salary for a Management Analysts in New York is $124,510. This typically ranges from $62,380 for entry-level positions to $203,410 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New York is 4.3% higher than the national median of $119,370.
Is New York a lucrative place for Management Analysts?
Yes, New York is a lucrative place for Management Analysts.The average salary of $124,510 significantly exceeds the national average, and the strong concentration of these roles indicates high demand.
Is New York a good place to live for Management Analysts?
The Cost of Living Index in New York is 125.1. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New York?
Some top paying nearby cities include Binghamton, NY ($91,880) and Scranton--Wilkes-Barre, PA.
How does New York's cost of living affect the Management Analyst salary?
New York's cost of living is 25.1% higher than the national average. This means the $124,510 salary, while high, needs to be viewed in context of increased expenses for housing, goods, and services.
What is the job market like for Management Analysts in New York?
The job market is robust, with a higher concentration of Management Analysts (LQ of 1.18) and a large workforce, indicating consistent demand and numerous career opportunities.
Does experience significantly impact a Management Analyst's salary in New York?
Yes, experience is a key driver of salary growth. Entry-level analysts earn less, while senior analysts with specialized skills and a proven track record command significantly higher compensation.
How does New York's Management Analyst salary compare to the national average?
Management Analysts in New York earn an average of $124,510 annually, which is $5,140 higher than the national average salary of $119,370.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 65,390 employees in the New York area with a job density of 6.853 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Management Analysts Salaries by State
Top Jobs in New York
- All Occupations Salary in New York
- Office and Administrative Support Occupations Salary in New York
- Healthcare Support Occupations Salary in New York
- Sales and Related Occupations Salary in New York
- Food Preparation and Serving Related Occupations Salary in New York
- Business and Financial Operations Occupations Salary in New York
- Educational Instruction and Library Occupations Salary in New York
- Management Occupations Salary in New York
- Home Health and Personal Care Aides Salary in New York
- Transportation and Material Moving Occupations Salary in New York
- Browse All Jobs in New York →
Semantic Salary Analysis for Management Analysts • Data source: BLS OEWS 2024 •Jobs in New York