Average Management Analysts Salary in South Illinois nonmetropolitan area
Management Analysts in the South Illinois nonmetropolitan area earn an average annual salary of $111,720. This figure is slightly below the national average of $119,370, a difference often attributable to the unique economic landscape and demand dynamics present in nonmetropolitan regions. Factors such as local industry concentration and the overall cost of doing business can influence compensation levels.
Executive Summary
- Average Salary: $111,720 per year.
- Growth Trend: Salaries have shifted 41.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $166,300.
- Outlook: The job market for Management Analysts in South Illinois, with a total local workforce of 250, indicates a niche presence. The Location Quotient of 0.3 suggests that this profession is less concentrated here compared to the national average, implying a potentially less saturated but perhaps more specialized demand. With 1.755 jobs per 1,000 workers, the role is present but not a dominant employment sector.
Salary Overview
The average Management Analysts in South Illinois nonmetropolitan area earns-6.4%below the national average.
$53.7
$2,148
$9,310
Management Analysts Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume that Management Analyst salaries in South Illinois have experienced growth over the past four years, mirroring national trends. Economic shifts, increased demand for strategic guidance, and inflation typically drive upward adjustments in compensation for analytical roles across most regions.
Management Analysts Salary Distribution in South Illinois nonmetropolitan area
Salary progression for Management Analysts typically scales significantly with experience. Entry-level positions will likely fall below the average, while senior analysts with extensive experience and a proven track record can command salaries well above the $111,720 mark. The percentile gaps between junior and senior roles underscore the substantial career growth and earning potential within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $58,770 | $28.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $83,790 | $40.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $103,400 | $49.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $139,650 | $67.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $166,300 | $80 |
Detailed Management Analysts Market Analysis
Relocation Context
Nominal Salary
$111,720
Gross Pay
Real Wage (Purchasing Power)
$111,720
Adjusted for COL (100)
The nominal average salary of $111,720 in South Illinois 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 that of someone earning the national average in a typical U.S. location, offering stable financial standing relative to expenses.
Job Market Context
250
Total Jobs
1.755
Per 1K Jobs
0.3
Location Quotient
At 0.30x, South Illinois nonmetropolitan area 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 0.3 for Management Analysts in South Illinois signifies a lower concentration of these professionals compared to the national average. This suggests that the job market may be less competitive, potentially offering more opportunities for skilled individuals or indicating that local businesses may rely more on external consultants or have different operational structures.
Nearby Job Markets
Nearby Cities for Management Analysts
| City | Salary | Dist. |
|---|---|---|
| Bloomington, IL Management Analysts Salary | $119,270↑ 7% | 9 mi |
| Decatur, IL Management Analysts Salary | $117,160↑ 5% | 34 mi |
| Champaign-Urbana, IL Management Analysts Salary | $116,040↑ 4% | 41 mi |
| Peoria, IL Management Analysts Salary | $105,010↓ 6% | 43 mi |
| Springfield, IL Management Analysts Salary | $102,960↓ 8% | 53 mi |
Comparing salaries near South Illinois nonmetropolitan area
Hiring Management Analystss?
Frequently Asked Questions
How much does a Management Analysts make in South Illinois nonmetropolitan area?
The median annual salary for a Management Analysts in South Illinois nonmetropolitan area is $111,720. This typically ranges from $58,770 for entry-level positions to $166,300 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in South Illinois nonmetropolitan area is 6.4% lower than the national median of $119,370.
Is South Illinois nonmetropolitan area a lucrative place for Management Analysts?
No, it is not exceptionally lucrative compared to national averages.While the average salary of $111,720 is substantial, it falls below the national average, and the lower concentration (LQ of 0.3) suggests less specialized demand. However, the cost of living matching the national average provides good purchasing power.
Is South Illinois nonmetropolitan area a good place to live for Management Analysts?
The Cost of Living Index in South Illinois nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near South Illinois nonmetropolitan area?
Some top paying nearby cities include Bloomington, IL ($119,270) and Decatur, IL.
How does the South Illinois Management Analyst salary compare to the national average?
The average annual salary for Management Analysts in South Illinois is $111,720, which is slightly lower than the national average of $119,370.
What is the cost of living in South Illinois for Management Analysts?
The Cost of Living Index in South Illinois is 100, which is exactly the national average, meaning expenses are comparable to the typical U.S. location.
How concentrated is the Management Analyst job market in South Illinois?
The job market is less concentrated, with a Location Quotient of 0.3, indicating fewer Management Analysts per worker compared to the national average.
What is the total number of Management Analysts in South Illinois?
There are approximately 250 Management Analysts employed in the South Illinois nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the South Illinois nonmetropolitan area area with a job density of 1.755 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 South Illinois nonmetropolitan area