Average Management Analysts Salary in South Bend-Mishawaka, IN-MI
Management Analysts in the South Bend-Mishawaka, IN-MI area earn an average annual salary of $95,010. This figure falls below the national average of $119,370, reflecting regional economic factors and a lower concentration of these specialized roles. Local demand and industry specifics within the South Bend-Mishawaka metropolitan area contribute to this salary differential.
Executive Summary
- Average Salary: $95,010 per year.
- Growth Trend: Salaries have shifted 25.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $143,920.
- Outlook: The job market for Management Analysts in South Bend-Mishawaka, while not as concentrated as the national average (Location Quotient of 0.31), supports a local workforce of 240 professionals. With 1.806 jobs per 1,000 workers, the demand indicates a stable, albeit niche, presence for these analytical roles within the region's economy.
Salary Overview
The average Management Analysts in South Bend-Mishawaka, IN-MI earns-20.4%below the national average.
$45.7
$1,827
$7,918
Management Analysts Salary Trends (2020-2024)
While specific historical data for South Bend-Mishawaka is not provided, it is reasonable to assume that Management Analyst salaries in the region have seen gradual growth over the past four years, mirroring national trends. Economic development and increasing business needs for strategic guidance likely contribute to a steady, upward trajectory in compensation for these professionals.
Management Analysts Salary Distribution in South Bend-Mishawaka, IN-MI
Experience plays a significant role in the earning potential of Management Analysts. Entry-level positions typically start at the lower end of the salary spectrum, while seasoned professionals with extensive expertise and a proven track record can command salaries considerably higher than the average. The percentile gaps between junior and senior roles highlight substantial career progression opportunities and the value placed on advanced analytical skills.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,520 | $23.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $71,258 | $34.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $82,160 | $39.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $118,763 | $57.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $143,920 | $69.2 |
Detailed Management Analysts Market Analysis
Relocation Context
Nominal Salary
$95,010
Gross Pay
Real Wage (Purchasing Power)
$95,010
Adjusted for COL (100)
The average annual salary of $95,010 in South Bend-Mishawaka 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 this region is equivalent to the national average, offering a stable financial environment without the added pressure of higher living expenses.
Job Market Context
240
Total Jobs
1.806
Per 1K Jobs
0.31
Location Quotient
At 0.31x, South Bend-Mishawaka, IN-MI has a notably lower concentration of Management Analysts jobs than the national average. Opportunities in this area are relatively scarce for this profession.
With a Location Quotient of 0.31, the South Bend-Mishawaka area has a significantly lower concentration of Management Analysts compared to the national average. This suggests that the job market may be less saturated, potentially offering more opportunities for skilled professionals to stand out, though the overall demand is proportionally smaller than in more concentrated national hubs.
Nearby Job Markets
Nearby Cities for Management Analysts
| City | Salary | Dist. |
|---|---|---|
| Niles, MI Management Analysts Salary | $107,610↑ 13% | 11 mi |
| Elkhart-Goshen, IN Management Analysts Salary | $94,790↓ 0% | 16 mi |
| Michigan City-La Porte, IN Management Analysts Salary | $84,250↓ 11% | 31 mi |
| Kalamazoo-Portage, MI Management Analysts Salary | $96,640↑ 2% | 54 mi |
| Battle Creek, MI Management Analysts Salary | $91,000↓ 4% | 69 mi |
Comparing salaries near South Bend-Mishawaka, IN-MI
Hiring Management Analystss?
Frequently Asked Questions
How much does a Management Analysts make in South Bend-Mishawaka, IN-MI?
The median annual salary for a Management Analysts in South Bend-Mishawaka, IN-MI is $95,010. This typically ranges from $49,520 for entry-level positions to $143,920 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in South Bend-Mishawaka, IN-MI is 20.4% lower than the national median of $119,370.
Is South Bend-Mishawaka, IN-MI a lucrative place for Management Analysts?
No, but it offers good value.While the average salary of $95,010 is below the national average, the cost of living is also at the national average, meaning your earnings have equivalent purchasing power.
Is South Bend-Mishawaka, IN-MI a good place to live for Management Analysts?
The Cost of Living Index in South Bend-Mishawaka, IN-MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near South Bend-Mishawaka, IN-MI?
Some top paying nearby cities include Niles, MI ($107,610) and Elkhart-Goshen, IN.
How does the South Bend-Mishawaka salary compare to the national average?
The average salary for Management Analysts in South Bend-Mishawaka is $95,010, which is notably lower than the national average of $119,370.
What is the cost of living in South Bend-Mishawaka for Management Analysts?
The cost of living in South Bend-Mishawaka is exactly at the national average, indicated by an index of 100.
How concentrated are Management Analyst jobs in South Bend-Mishawaka?
The concentration of Management Analyst jobs in South Bend-Mishawaka is low, with a Location Quotient of 0.31, meaning there are fewer such roles relative to the national average.
What is the total number of Management Analysts in South Bend-Mishawaka?
There are approximately 240 Management Analysts employed in the South Bend-Mishawaka, IN-MI area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the South Bend-Mishawaka, IN-MI area with a job density of 1.806 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 South Bend-Mishawaka, IN-MI
- All Occupations Salary in South Bend-Mishawaka, IN-MI
- Office and Administrative Support Occupations Salary in South Bend-Mishawaka, IN-MI
- Food Preparation and Serving Related Occupations Salary in South Bend-Mishawaka, IN-MI
- Sales and Related Occupations Salary in South Bend-Mishawaka, IN-MI
- Transportation and Material Moving Occupations Salary in South Bend-Mishawaka, IN-MI
- Production Occupations Salary in South Bend-Mishawaka, IN-MI
- Healthcare Practitioners and Technical Occupations Salary in South Bend-Mishawaka, IN-MI
- Educational Instruction and Library Occupations Salary in South Bend-Mishawaka, IN-MI
- Management Occupations Salary in South Bend-Mishawaka, IN-MI
- Healthcare Support Occupations Salary in South Bend-Mishawaka, IN-MI
- Browse All Jobs in South Bend-Mishawaka, IN-MI →
Semantic Salary Analysis for Management Analysts • Data source: BLS OEWS 2024 •Jobs in South Bend-Mishawaka, IN-MI