Average Management Analysts Salary in Reading, PA
Management Analysts in Reading, PA, command an average annual salary of $110,060. This figure is notably below the national average of $119,370, suggesting that local market dynamics, such as industry concentration and demand, play a significant role in compensation levels within this specific region.
Executive Summary
- Average Salary: $110,060 per year.
- Growth Trend: Salaries have shifted 7.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $164,730.
- Outlook: The Reading, PA, job market for Management Analysts is characterized by a local workforce of 350 professionals. With a Location Quotient of 0.35, the concentration of these roles is below the national average, indicating a less saturated but potentially less robust demand compared to more concentrated areas. The presence of 2.051 jobs per 1,000 workers signifies a steady, albeit not exceptionally high, level of opportunity for these analysts.
Salary Overview
The average Management Analysts in Reading, PA earns-7.8%below the national average.
$52.9
$2,117
$9,172
Management Analysts Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that the field of Management Analysis has experienced consistent salary growth over the past four years, mirroring broader economic trends and the increasing demand for strategic business insights. This upward trajectory is likely reflected in Reading, PA, as well, with analysts seeing incremental increases in their earning potential.
Management Analysts Salary Distribution in Reading, PA
Salary progression for Management Analysts in Reading, PA, typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive expertise and a proven track record can command salaries in the higher percentiles. The widening gap between entry-level and senior-level compensation underscores the significant value placed on experience and specialized skills within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $61,830 | $29.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $82,545 | $39.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $97,950 | $47.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $137,575 | $66.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $164,730 | $79.2 |
Detailed Management Analysts Market Analysis
Relocation Context
Nominal Salary
$110,060
Gross Pay
Real Wage (Purchasing Power)
$110,060
Adjusted for COL (100)
The nominal average salary of $110,060 in Reading, PA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Management Analyst's salary in Reading is equivalent to the national standard, offering a stable financial environment for residents.
Job Market Context
350
Total Jobs
2.051
Per 1K Jobs
0.35
Location Quotient
At 0.35x, Reading, PA has a notably lower concentration of Management Analysts jobs than the national average. Opportunities in this area are relatively scarce for this profession.
A Location Quotient of 0.35 for Management Analysts in Reading, PA, indicates that this profession is less concentrated locally than the national average. This suggests that while the demand may not be as intense as in major metropolitan hubs, there is still a consistent need for these analytical services, and the market is not oversaturated with professionals, potentially offering good opportunities for skilled individuals.
Nearby Job Markets
Nearby Cities for Management Analysts
| City | Salary | Dist. |
|---|---|---|
| Lebanon, PA Management Analysts Salary | $86,960↓ 21% | 26 mi |
| Lancaster, PA Management Analysts Salary | $100,960↓ 8% | 29 mi |
| Allentown-Bethlehem-Easton, PA-NJ Management Analysts Salary | $103,960↓ 6% | 30 mi |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Management Analysts Salary | $107,330↓ 2% | 48 mi |
| York-Hanover, PA Management Analysts Salary | $109,800↓ 0% | 50 mi |
Comparing salaries near Reading, PA
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Frequently Asked Questions
How much does a Management Analysts make in Reading, PA?
The median annual salary for a Management Analysts in Reading, PA is $110,060. This typically ranges from $61,830 for entry-level positions to $164,730 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Reading, PA is 7.8% lower than the national median of $119,370.
Is Reading, PA a lucrative place for Management Analysts?
No, not exceptionally lucrative compared to the national average.While the average salary of $110,060 is substantial, it falls below the national average of $119,370. However, the cost of living being at the national average means the salary's purchasing power is equivalent.
Is Reading, PA a good place to live for Management Analysts?
The Cost of Living Index in Reading, PA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Reading, PA?
Some top paying nearby cities include Lebanon, PA ($86,960) and Lancaster, PA.
How does the Reading, PA salary compare to the national average?
The average salary for Management Analysts in Reading, PA, is $110,060, which is approximately $9,310 less than the national average of $119,370.
What is the concentration of Management Analysts in Reading, PA?
The concentration, measured by the Location Quotient, is 0.35, indicating that Management Analysts are less prevalent in Reading, PA, compared to the national average.
How does the cost of living in Reading, PA affect the salary?
With a Cost of Living Index of 100, the salary of $110,060 in Reading, PA, has the same purchasing power as the national average salary, meaning it is neither significantly higher nor lower in real terms.
What does the job market size suggest for Management Analysts in Reading, PA?
A local workforce of 350 and 2.051 jobs per 1,000 workers suggest a stable but not booming job market for Management Analysts in Reading, PA.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Reading, PA area with a job density of 2.051 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 Reading, PA