Average Management Analysts Salary in Portland-South Portland, ME
Management Analysts in Portland-South Portland, ME, earn an average annual salary of $95,260. This figure is notably below the national average of $119,370, suggesting that local market dynamics and potentially a smaller demand for specialized analytical roles influence compensation in this region. Factors such as the specific industries prevalent in the area and the overall economic landscape contribute to this pay differential.
Executive Summary
- Average Salary: $95,260 per year.
- Growth Trend: Salaries have shifted 11.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $139,500.
- Outlook: The Portland-South Portland, ME, labor market for Management Analysts shows a moderate presence, with a total local workforce of 960 individuals in this role. The Location Quotient of 0.58 indicates that this profession is less concentrated here compared to the national average, suggesting a stable but not booming demand. The rate of 3.391 jobs per 1,000 workers further supports the notion of a steady, albeit not hyper-competitive, job market for these professionals.
Salary Overview
The average Management Analysts in Portland-South Portland, ME earns-20.2%below the national average.
$45.8
$1,832
$7,938
Management Analysts Salary Trends (2020-2024)
While specific historical data for Portland-South Portland, ME is not provided, it is generally assumed that the field of Management Analysis has experienced consistent salary growth over the past four years, mirroring national trends. Economic shifts, increased reliance on data-driven decision-making, and evolving business needs likely contribute to upward pressure on compensation for skilled analysts across most metropolitan areas.
Management Analysts Salary Distribution in Portland-South Portland, ME
Salary progression for Management Analysts typically correlates strongly with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with a proven track record and advanced analytical skills can command significantly higher salaries. The percentile gaps in compensation clearly signify the career progression and increased value that experienced analysts bring to organizations.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $59,850 | $28.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $71,445 | $34.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $84,680 | $40.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $119,075 | $57.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $139,500 | $67.1 |
Detailed Management Analysts Market Analysis
Relocation Context
Nominal Salary
$95,260
Gross Pay
Real Wage (Purchasing Power)
$95,260
Adjusted for COL (100)
With a Cost of Living Index of 100, Portland-South Portland, ME, is right at the national average. This means the nominal salary of $95,260 for Management Analysts holds its purchasing power comparably to the national average. While the salary is lower than the national average, the equivalent cost of living suggests that the take-home pay offers a similar standard of living to what one might expect in a higher-paying, higher-cost national market.
Job Market Context
960
Total Jobs
3.391
Per 1K Jobs
0.58
Location Quotient
Portland-South Portland, ME has 0.58x 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.
The Location Quotient of 0.58 for Management Analysts in Portland-South Portland, ME, indicates that this profession is less concentrated locally than the national average. This suggests that the job market for these analysts is not oversaturated, potentially offering a good balance between job availability and competition. While not a hub for this specific role, there is a consistent presence, implying steady opportunities for qualified individuals.
Nearby Job Markets
Nearby Cities for Management Analysts
| City | Salary | Dist. |
|---|---|---|
| Lewiston-Auburn, ME Management Analysts Salary | $90,700↓ 5% | 29 mi |
| Central New Hampshire nonmetropolitan area Management Analysts Salary | $108,300↑ 14% | 67 mi |
| Northern New Hampshire nonmetropolitan area Management Analysts Salary | $122,690↑ 29% | 67 mi |
| Southwestern New Hampshire nonmetropolitan area Management Analysts Salary | $94,130↓ 1% | 67 mi |
| Manchester-Nashua, NH Management Analysts Salary | $121,640↑ 28% | 76 mi |
Comparing salaries near Portland-South Portland, ME
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Frequently Asked Questions
How much does a Management Analysts make in Portland-South Portland, ME?
The median annual salary for a Management Analysts in Portland-South Portland, ME is $95,260. This typically ranges from $59,850 for entry-level positions to $139,500 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Portland-South Portland, ME is 20.2% lower than the national median of $119,370.
Is Portland-South Portland, ME a lucrative place for Management Analysts?
No, not when compared to the national average.The average salary of $95,260 is below the national average of $119,370, despite the local cost of living being on par with the national average.
Is Portland-South Portland, ME a good place to live for Management Analysts?
The Cost of Living Index in Portland-South Portland, ME is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Portland-South Portland, ME?
Some top paying nearby cities include Lewiston-Auburn, ME ($90,700) and Central New Hampshire nonmetropolitan area.
How does the local workforce size affect Management Analyst jobs in Portland-South Portland, ME?
A local workforce of 960 Management Analysts suggests a stable, established presence in the region, though not a massive concentration, indicating consistent but not overwhelming job opportunities.
What does a Location Quotient of 0.58 mean for Management Analysts in Portland-South Portland, ME?
A Location Quotient below 1.0, like 0.58, signifies that Management Analysts are less common in Portland-South Portland, ME, relative to the national average, implying a less competitive but potentially smaller job market.
How does the Cost of Living Index impact the perceived salary of a Management Analyst in Portland-South Portland, ME?
With a Cost of Living Index of 100, the $95,260 salary in Portland-South Portland, ME, offers purchasing power equivalent to the national average, meaning the lower nominal salary is somewhat offset by average living expenses.
Are there many Management Analyst jobs per capita in Portland-South Portland, ME?
With 3.391 jobs per 1,000 workers, the rate of Management Analyst positions per capita is moderate, reflecting a steady demand that aligns with the overall size of the local workforce in this profession.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 960 employees in the Portland-South Portland, ME area with a job density of 3.391 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 Portland-South Portland, ME