Average Management Analysts Salary in Roanoke, VA
Management Analysts in Roanoke, VA, earn an average annual salary of $99,680. This figure is notably below the national average of $119,370, suggesting that local market dynamics and demand play a significant role in compensation within this region. The specific economic conditions and industry concentration in Roanoke likely influence this pay scale.
Executive Summary
- Average Salary: $99,680 per year.
- Growth Trend: Salaries have shifted 20.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $137,810.
- Outlook: The Roanoke, VA market for Management Analysts comprises a workforce of 570 professionals. With a Location Quotient of 0.65, the concentration of these roles is below the national average, indicating a less saturated but potentially less robust demand compared to national trends. The presence of 3.759 jobs per 1,000 workers suggests a steady, albeit not booming, employment landscape for this profession in the area.
Salary Overview
The average Management Analysts in Roanoke, VA earns-16.5%below the national average.
$47.9
$1,917
$8,307
Management Analysts Salary Trends (2020-2024)
While specific historical data for Roanoke is not provided, it is reasonable to assume that Management Analyst salaries in the area have experienced growth over the past four years, mirroring national trends. Economic expansion, evolving business needs, and inflation typically drive salary increases for specialized roles like management analysis, ensuring that compensation keeps pace with the broader economic environment.
Management Analysts Salary Distribution in Roanoke, VA
The salary range for Management Analysts in Roanoke, VA, naturally escalates with experience. Entry-level positions typically fall at the lower end of the pay scale, while senior analysts with extensive expertise and a proven track record command significantly higher compensation. The percentile gaps in earnings clearly signify the career progression and increased value associated with advancing through different levels of experience and responsibility in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $58,510 | $28.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $74,760 | $35.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $89,860 | $43.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $124,600 | $59.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $137,810 | $66.3 |
Detailed Management Analysts Market Analysis
Relocation Context
Nominal Salary
$99,680
Gross Pay
Real Wage (Purchasing Power)
$99,680
Adjusted for COL (100)
The average annual salary of $99,680 for Management Analysts in Roanoke, VA, 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 Roanoke is equivalent to that of someone earning the national average salary in a location with average living costs. Therefore, the nominal salary translates directly to the expected standard of living without significant adjustments for local affordability.
Job Market Context
570
Total Jobs
3.759
Per 1K Jobs
0.65
Location Quotient
Roanoke, VA has 0.65x 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.
A Location Quotient of 0.65 for Management Analysts in Roanoke, VA, indicates that this profession is less concentrated in the area compared to the national average. This suggests that while there is a presence of these roles, the market is not as saturated, potentially offering opportunities for skilled professionals. However, it also implies that the demand might be more specialized or less widespread than in major metropolitan hubs.
Nearby Job Markets
Nearby Cities for Management Analysts
| City | Salary | Dist. |
|---|---|---|
| Blacksburg-Christiansburg-Radford, VA Management Analysts Salary | $97,110↓ 3% | 26 mi |
| Lynchburg, VA Management Analysts Salary | $90,960↓ 9% | 43 mi |
| Beckley, WV Management Analysts Salary | $107,160↑ 8% | 76 mi |
| Staunton-Stuarts Draft, VA Management Analysts Salary | $94,590↓ 5% | 78 mi |
| Greensboro-High Point, NC Management Analysts Salary | $93,300↓ 6% | 82 mi |
Comparing salaries near Roanoke, VA
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Frequently Asked Questions
How much does a Management Analysts make in Roanoke, VA?
The median annual salary for a Management Analysts in Roanoke, VA is $99,680. This typically ranges from $58,510 for entry-level positions to $137,810 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Roanoke, VA is 16.5% lower than the national median of $119,370.
Is Roanoke, VA a lucrative place for Management Analysts?
No, not exceptionally lucrative compared to the national average.While the salary of $99,680 is substantial, it falls below the national average of $119,370. However, the cost of living being at the national average means the purchasing power is stable, making it a moderate earning environment.
Is Roanoke, VA a good place to live for Management Analysts?
The Cost of Living Index in Roanoke, VA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Roanoke, VA?
Some top paying nearby cities include Blacksburg-Christiansburg-Radford, VA ($97,110) and Lynchburg, VA.
How does Roanoke's Management Analyst salary compare to the national average?
Management Analysts in Roanoke, VA, earn an average of $99,680 annually, which is approximately $19,690 less than the national average of $119,370.
What is the Cost of Living in Roanoke, VA for Management Analysts?
Roanoke, VA, has a Cost of Living Index of 100, which is exactly the national average. This means that the expenses for goods and services are comparable to the national standard.
How concentrated is the Management Analyst job market in Roanoke, VA?
The job market for Management Analysts in Roanoke, VA, is less concentrated than the national average, with a Location Quotient of 0.65, indicating fewer roles per capita relative to the rest of the country.
What does the Location Quotient of 0.65 mean for Management Analysts in Roanoke?
A Location Quotient of 0.65 suggests that Management Analysts are less prevalent in Roanoke, VA, compared to the national average. This could imply a niche market or less overall demand relative to other professions.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 570 employees in the Roanoke, VA area with a job density of 3.759 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 Roanoke, VA