Average Management Analysts Salary in Syracuse, NY
Management Analysts in Syracuse, NY, earn an average annual salary of $101,420. This figure is notably below the national average of $119,370, suggesting that local market dynamics and potentially a lower demand for specialized analytical roles contribute to this compensation difference. Despite the lower average, the stability of the cost of living in Syracuse offers a unique perspective on the effective purchasing power of this salary.
Executive Summary
- Average Salary: $101,420 per year.
- Growth Trend: Salaries have shifted 19.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $147,980.
- Outlook: The Syracuse market for Management Analysts, while not as concentrated as the national average with a Location Quotient of 0.65, still supports a workforce of 1,110 professionals. With 3.769 jobs per 1,000 workers, the demand, though less intense than in more populous areas, indicates a steady presence of these roles within the local economy. This suggests a stable, albeit not rapidly expanding, job market for experienced analysts.
Salary Overview
The average Management Analysts in Syracuse, NY earns-15.0%below the national average.
$48.8
$1,950
$8,452
Management Analysts Salary Trends (2020-2024)
While specific historical data for Syracuse is not provided, it's reasonable to assume that Management Analyst salaries in the region have experienced gradual growth over the past four years, mirroring national trends. Economic shifts, evolving business needs, and inflation typically drive incremental increases in compensation for skilled professionals, ensuring that salaries keep pace with the broader economic landscape.
Management Analysts Salary Distribution in Syracuse, NY
The career trajectory for Management Analysts in Syracuse typically involves significant salary increases with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills and a proven track record can command salaries in the upper percentiles. The widening gap between entry-level and senior roles reflects the value placed on expertise, strategic thinking, and leadership capabilities within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $60,170 | $28.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $76,065 | $36.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $95,460 | $45.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $126,775 | $60.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $147,980 | $71.1 |
Detailed Management Analysts Market Analysis
Relocation Context
Nominal Salary
$101,420
Gross Pay
Real Wage (Purchasing Power)
$101,420
Adjusted for COL (100)
With a Cost of Living Index of 100, Syracuse, NY, offers a cost of living that is precisely at the national average. This means the nominal salary of $101,420 for Management Analysts provides a purchasing power equivalent to the national average. Therefore, relocating to Syracuse for this role means your salary will stretch as far as it would in a typical American city, offering a balanced lifestyle without the premium costs associated with high-cost-of-living areas.
Job Market Context
1,110
Total Jobs
3.769
Per 1K Jobs
0.65
Location Quotient
Syracuse, NY 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.
The Location Quotient of 0.65 indicates that Management Analysts are less concentrated in Syracuse compared to the national average. This suggests that while the profession is present and supported by a local workforce of 1,110, it is not a dominant industry hub. This lower concentration could imply less intense competition for roles, potentially offering more opportunities for skilled analysts to find positions, though it also means the market is less saturated with specialized talent.
Nearby Job Markets
Nearby Cities for Management Analysts
| City | Salary | Dist. |
|---|---|---|
| Ithaca, NY Management Analysts Salary | $103,810↑ 2% | 45 mi |
| Utica-Rome, NY Management Analysts Salary | $99,380↓ 2% | 46 mi |
| Watertown-Fort Drum, NY Management Analysts Salary | $96,590↓ 5% | 66 mi |
| Binghamton, NY Management Analysts Salary | $91,880↓ 9% | 66 mi |
| Elmira, NY Management Analysts Salary | $92,400↓ 9% | 74 mi |
Comparing salaries near Syracuse, NY
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Frequently Asked Questions
How much does a Management Analysts make in Syracuse, NY?
The median annual salary for a Management Analysts in Syracuse, NY is $101,420. This typically ranges from $60,170 for entry-level positions to $147,980 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Syracuse, NY is 15.0% lower than the national median of $119,370.
Is Syracuse, NY a lucrative place for Management Analysts?
No, not compared to the national average.While the average salary of $101,420 is substantial, it falls below the national average of $119,370. However, the cost of living being exactly at the national average means the purchasing power of this salary is standard.
Is Syracuse, NY a good place to live for Management Analysts?
The Cost of Living Index in Syracuse, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Syracuse, NY?
Some top paying nearby cities include Ithaca, NY ($103,810) and Utica-Rome, NY.
How does the Syracuse Management Analyst salary compare to the national average?
The average salary for Management Analysts in Syracuse, NY, is $101,420, which is lower than the national average of $119,370.
What is the cost of living in Syracuse, NY for Management Analysts?
Syracuse, NY, has a Cost of Living Index of 100, which is exactly the national average, meaning the cost of goods and services is comparable to the rest of the country.
How concentrated is the Management Analyst job market in Syracuse?
The job market for Management Analysts in Syracuse has a Location Quotient of 0.65, indicating it is less concentrated than the national average.
How many Management Analysts work in Syracuse, NY?
There are approximately 1,110 Management Analysts working in Syracuse, NY, with about 3.769 jobs per 1,000 workers in the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,110 employees in the Syracuse, NY area with a job density of 3.769 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 Syracuse, NY