Average Management Analysts Salary in Trenton-Princeton, NJ
Management Analysts in the Trenton-Princeton, NJ area earn an average annual salary of $101,520. This figure is notably below the national average of $119,370, suggesting that while the role is present, specific local economic factors or industry concentrations may influence compensation levels compared to broader national trends.
Executive Summary
- Average Salary: $101,520 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $132,750.
- Outlook: The Trenton-Princeton, NJ area supports a local workforce of 2,630 Management Analysts. With a Location Quotient of 1.9, this indicates a concentration of these professionals nearly double the national average. This robust presence suggests a strong demand and a well-established professional community within the region, pointing to a stable job market for this role.
Salary Overview
The average Management Analysts in Trenton-Princeton, NJ earns-15.0%below the national average.
$48.8
$1,952
$8,460
Management Analysts Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that Management Analyst salaries across the nation, including in areas like Trenton-Princeton, have experienced steady growth over the past four years. This trend is typically driven by inflation, increasing demand for strategic business advice, and the evolving complexity of business operations.
Management Analysts Salary Distribution in Trenton-Princeton, NJ
The career trajectory for Management Analysts typically sees significant salary increases with experience. Entry-level positions might start at a lower percentile, while seasoned professionals with extensive project management and analytical expertise can command salaries in the higher percentiles. The gap between entry-level and senior roles reflects the accumulation of specialized skills and a proven track record of delivering impactful business solutions.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $60,050 | $28.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $76,140 | $36.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $99,380 | $47.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $126,900 | $61 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $132,750 | $63.8 |
Detailed Management Analysts Market Analysis
Relocation Context
Nominal Salary
$101,520
Gross Pay
Real Wage (Purchasing Power)
$101,520
Adjusted for COL (100)
With a local Cost of Living Index of 100, the Trenton-Princeton, NJ area is perfectly aligned with the national average. This means the nominal salary of $101,520 for Management Analysts holds its purchasing power directly in line with the rest of the country, offering no significant advantage or disadvantage in terms of affordability.
Job Market Context
2,630
Total Jobs
10.987
Per 1K Jobs
1.9
Location Quotient
Trenton-Princeton, NJ has 1.9x the national concentration of Management Analysts jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
The Location Quotient of 1.9 for Management Analysts in Trenton-Princeton, NJ, signifies a substantial concentration of these professionals relative to the national average. This high quotient suggests that the region is a significant hub for this profession, potentially indicating a competitive job market with numerous opportunities but also a larger pool of qualified candidates.
Nearby Job Markets
Nearby Cities for Management Analysts
| City | Salary | Dist. |
|---|---|---|
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Management Analysts Salary | $107,330↑ 6% | 28 mi |
| Allentown-Bethlehem-Easton, PA-NJ Management Analysts Salary | $103,960↑ 2% | 45 mi |
| New York-Newark-Jersey City, NY-NJ Management Analysts Salary | $129,500↑ 28% | 52 mi |
| Vineland, NJ Management Analysts Salary | $92,990↓ 8% | 54 mi |
| Atlantic City-Hammonton, NJ Management Analysts Salary | $104,350↑ 3% | 61 mi |
Comparing salaries near Trenton-Princeton, NJ
Hiring Management Analystss?
Frequently Asked Questions
How much does a Management Analysts make in Trenton-Princeton, NJ?
The median annual salary for a Management Analysts in Trenton-Princeton, NJ is $101,520. This typically ranges from $60,050 for entry-level positions to $132,750 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Trenton-Princeton, NJ is 15.0% lower than the national median of $119,370.
Is Trenton-Princeton, NJ a lucrative place for Management Analysts?
No, not exceptionally lucrative compared to the national average.While the average salary of $101,520 is substantial, it falls below the national average of $119,370. However, the high concentration (LQ 1.9) and average cost of living suggest a stable, albeit not premium, market.
Is Trenton-Princeton, NJ a good place to live for Management Analysts?
The Cost of Living Index in Trenton-Princeton, NJ is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Trenton-Princeton, NJ?
Some top paying nearby cities include Philadelphia-Camden-Wilmington, PA-NJ-DE-MD ($107,330) and Allentown-Bethlehem-Easton, PA-NJ.
How does the Trenton-Princeton Management Analyst salary compare to the national average?
The average annual salary for Management Analysts in Trenton-Princeton, NJ is $101,520, which is lower than the national average of $119,370.
What is the concentration of Management Analysts in Trenton-Princeton, NJ?
Trenton-Princeton, NJ has a Location Quotient of 1.9 for Management Analysts, indicating that the area has nearly double the concentration of these professionals compared to the national average.
How does the cost of living in Trenton-Princeton, NJ affect the Management Analyst salary?
The cost of living in Trenton-Princeton, NJ is at the national average (100), meaning the $101,520 salary has standard purchasing power relative to the rest of the United States.
What does the job market look like for Management Analysts in Trenton-Princeton, NJ?
The job market appears robust, with a local workforce of 2,630 and a high concentration (LQ 1.9), suggesting significant demand and a well-established presence for this profession in the region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,630 employees in the Trenton-Princeton, NJ area with a job density of 10.987 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 Trenton-Princeton, NJ