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Average Management Analysts Salary in Sussex Delaware nonmetropolitan area

Management Analysts in the Sussex, Delaware nonmetropolitan area earn an average annual salary of $94,000. This figure is notably below the national average of $119,370, reflecting the unique economic dynamics and potentially lower demand for specialized analytical roles in this region compared to larger metropolitan hubs.

Executive Summary

  • Average Salary: $94,000 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $156,110.
  • Outlook: With a local workforce of 220 Management Analysts and a Location Quotient of 0.42, the job market in Sussex, Delaware, indicates a lower concentration of these professionals than the national average. While the total workforce size is modest, the low concentration suggests that opportunities may be less abundant, requiring a proactive approach for job seekers.
2024 Market Data

Salary Overview

$94,000

The average Management Analysts in Sussex Delaware nonmetropolitan area earns-21.3%below the national average.

BreakdownBased on 40h/week
Hourly

$45.2

Weekly

$1,808

Monthly

$7,833

Management Analysts Salary Distribution in Sussex Delaware nonmetropolitan area

Salary progression for Management Analysts typically scales significantly with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and a proven track record can command salaries well above the average. The percentile gaps in compensation clearly signify the career trajectory and reward for accumulated expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$51,270$24.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$70,500$33.9
ManagerOversees team, compliance, and project delivery.50% (Median)$85,490$41.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$117,500$56.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$156,110$75.1

Detailed Management Analysts Market Analysis

Relocation Context

Nominal Salary

$94,000

Gross Pay

Real Wage (Purchasing Power)

$94,000

Adjusted for COL (100)

The average Management Analyst salary of $94,000 in Sussex, Delaware, aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary offers purchasing power equivalent to the national average, suggesting that while the pay is lower than the national average for the role, the cost of living does not exacerbate the difference.

Job Market Context

220

Total Jobs

2.42

Per 1K Jobs

0.42

Location Quotient

Low Concentration

At 0.42x, Sussex Delaware 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 0.42 signifies that Management Analysts are less concentrated in the Sussex, Delaware nonmetropolitan area compared to the national landscape. This suggests a less competitive market in terms of the sheer number of analysts vying for positions, but also implies a potentially smaller pool of available roles and specialized firms.

Nearby Job Markets

Nearby Cities for Management Analysts

Comparing salaries near Sussex Delaware nonmetropolitan area

Hiring Management Analystss?

Frequently Asked Questions

How much does a Management Analysts make in Sussex Delaware nonmetropolitan area?

The median annual salary for a Management Analysts in Sussex Delaware nonmetropolitan area is $94,000. This typically ranges from $51,270 for entry-level positions to $156,110 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Sussex Delaware nonmetropolitan area is 21.3% lower than the national median of $119,370.

Is Sussex Delaware nonmetropolitan area a lucrative place for Management Analysts?

No, it is not considered a highly lucrative area for Management Analysts.The average salary of $94,000 is significantly lower than the national average, despite a cost of living that matches the national index.

Is Sussex Delaware nonmetropolitan area a good place to live for Management Analysts?

The Cost of Living Index in Sussex Delaware nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Sussex Delaware nonmetropolitan area?

Some top paying nearby cities include Dover, DE ($84,100) and Vineland, NJ.

How does the Sussex, DE Management Analyst salary compare to the national average?

The average salary of $94,000 in Sussex, DE, is approximately 21% lower than the national average of $119,370 for Management Analysts.

What is the concentration of Management Analysts in Sussex, DE?

The concentration, measured by the Location Quotient, is 0.42, indicating that Management Analysts are less prevalent in this area compared to the national average.

Does the cost of living affect the Sussex, DE Management Analyst salary?

The cost of living in Sussex, DE, is at the national average (100), meaning the $94,000 salary has the same purchasing power as the national average salary, despite being lower in nominal terms.

How many Management Analysts are there in Sussex, DE?

There are approximately 220 Management Analysts employed in the Sussex, Delaware 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 220 employees in the Sussex Delaware nonmetropolitan area area with a job density of 2.42 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.