Average Management Analysts Salary in Salt Lake City-Murray, UT
Management Analysts in the Salt Lake City-Murray, UT area command an impressive average annual salary of $155,530. This figure significantly surpasses the national average of $119,370, indicating a strong local demand and potentially higher value placed on these strategic roles within the region. Factors such as the specific industry mix and the concentration of businesses requiring analytical expertise likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $155,530 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $233,295.
- Outlook: With a local workforce of 4,330 Management Analysts, the Salt Lake City-Murray area demonstrates a substantial presence in this field. The Location Quotient of 0.91 suggests a market that is nearly on par with the national average in terms of concentration, implying a stable and robust demand for these professionals. The density of 5.304 jobs per 1,000 workers further underscores the consistent need for analytical talent within the local economy.
Salary Overview
The average Management Analysts in Salt Lake City-Murray, UT earns+30.3%above the national average.
$74.8
$2,991
$12,961
Management Analysts Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Management Analyst salaries in Salt Lake City-Murray have experienced consistent growth over the past four years, mirroring national trends. Economic expansion, increased demand for strategic planning, and the evolving complexity of business operations typically drive upward pressure on compensation for analytical roles.
Management Analysts Salary Distribution in Salt Lake City-Murray, UT
Salary progression for Management Analysts is strongly tied to experience and demonstrated expertise. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with a proven track record of delivering impactful insights can command salaries significantly above the average. The widening percentile gaps from junior to senior roles clearly signify the substantial career progression and earning potential available within this profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $19,190 | $9.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $116,648 | $56.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $82,970 | $39.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $194,413 | $93.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $233,295 | $112.2 |
Detailed Management Analysts Market Analysis
Relocation Context
Nominal Salary
$155,530
Gross Pay
Real Wage (Purchasing Power)
$155,530
Adjusted for COL (100)
The average annual salary of $155,530 for Management Analysts in Salt Lake City-Murray aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary translates directly into purchasing power equivalent to the national standard, making the area financially attractive for professionals considering a move.
Job Market Context
4,330
Total Jobs
5.304
Per 1K Jobs
0.91
Location Quotient
Salt Lake City-Murray, UT has 0.91x 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 0.91 indicates that the Salt Lake City-Murray metropolitan area has a slightly lower concentration of Management Analysts compared to the national average. This suggests a competitive job market where demand is steady but not overwhelmingly saturated, offering good opportunities for skilled professionals without excessive competition.
Nearby Job Markets
Nearby Cities for Management Analysts
| City | Salary | Dist. |
|---|---|---|
| Ogden, UT Management Analysts Salary | $82,440↓ 47% | 31 mi |
| Provo-Orem-Lehi, UT Management Analysts Salary | $76,070↓ 51% | 40 mi |
| High Desert Utah nonmetropolitan area Management Analysts Salary | $74,980↓ 52% | 44 mi |
| Logan, UT-ID Management Analysts Salary | $75,730↓ 51% | 67 mi |
Comparing salaries near Salt Lake City-Murray, UT
Hiring Management Analystss?
Frequently Asked Questions
How much does a Management Analysts make in Salt Lake City-Murray, UT?
The median annual salary for a Management Analysts in Salt Lake City-Murray, UT is $155,530. This typically ranges from $19,190 for entry-level positions to $233,295 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Salt Lake City-Murray, UT is 30.3% higher than the national median of $119,370.
Is Salt Lake City-Murray, UT a lucrative place for Management Analysts?
Yes, it is a highly lucrative location for Management Analysts.Management Analysts in this area earn significantly more than the national average, and the cost of living is on par with the national average, offering excellent purchasing power.
Is Salt Lake City-Murray, UT a good place to live for Management Analysts?
The Cost of Living Index in Salt Lake City-Murray, UT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Salt Lake City-Murray, UT?
Some top paying nearby cities include Ogden, UT ($82,440) and Provo-Orem-Lehi, UT.
How does the Management Analyst salary compare to the national average?
The average salary for Management Analysts in Salt Lake City-Murray is $155,530, which is substantially higher than the national average of $119,370.
What is the cost of living in Salt Lake City-Murray, UT?
The cost of living in Salt Lake City-Murray, UT is exactly at the national average, indicated by a Cost of Living Index of 100.
How many Management Analysts are there in Salt Lake City-Murray, UT?
There are approximately 4,330 Management Analysts employed in the Salt Lake City-Murray, UT area.
Is the job market for Management Analysts strong in Salt Lake City-Murray, UT?
The job market is robust, with 5.304 jobs per 1,000 workers and a Location Quotient close to the national average, indicating consistent demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,330 employees in the Salt Lake City-Murray, UT area with a job density of 5.304 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 Salt Lake City-Murray, UT