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Average Management Analysts Salary in Virginia

Management Analysts in Virginia command an impressive average annual salary of $123,280, surpassing the national average of $119,370. This elevated compensation is largely driven by Virginia's robust economic landscape and the specialized demand for analytical expertise within the state's diverse industries.

Executive Summary

  • Average Salary: $123,280 per year.
  • Growth Trend: Salaries have shifted 15.5% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $173,460.
  • Outlook: Virginia presents a strong job market for Management Analysts, evidenced by a substantial local workforce of 64,710 professionals. The Location Quotient of 2.75 indicates a significantly higher concentration of these roles in Virginia compared to the national average, suggesting robust demand and a thriving ecosystem for this profession.
2024 Market Data

Salary Overview

$123,280

The average Management Analysts in Virginia earns+3.3%above the national average.

BreakdownBased on 40h/week
Hourly

$59.3

Weekly

$2,371

Monthly

$10,273

Management Analysts Salary Distribution in Virginia

The career trajectory for Management Analysts in Virginia typically shows a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries well into the upper percentiles, reflecting a clear path for career progression and earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$63,800$30.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$92,460$44.5
ManagerOversees team, compliance, and project delivery.50% (Median)$109,650$52.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$154,100$74.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$173,460$83.4

Detailed Management Analysts Market Analysis

Relocation Context

Nominal Salary

$123,280

Gross Pay

Real Wage (Purchasing Power)

$121,578

Adjusted for COL (101.4)

With an average salary of $123,280 and a Cost of Living Index of 101.4, Management Analysts in Virginia experience a purchasing power that is slightly above the national average. This means that while the cost of living is marginally higher, the nominal salary offers a comfortable lifestyle with a bit of extra disposable income compared to the typical American standard.

Job Market Context

64,710

Total Jobs

15.921

Per 1K Jobs

2.75

Location Quotient

Major Hub

Virginia has 2.8x 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.

Virginia's Location Quotient of 2.75 for Management Analysts signifies a market that is more than twice as concentrated as the national average. This indicates a highly competitive yet abundant job market, where employers actively seek these analytical professionals, and a significant pool of talent exists to fill these specialized roles.

Nearby Job Markets

Nearby Cities for Management Analysts

CitySalaryDist.
Charlottesville, VA Management Analysts Salary$123,250↓ 0%25 mi
Richmond, VA Management Analysts Salary$100,940↓ 18%41 mi
Staunton-Stuarts Draft, VA Management Analysts Salary$94,590↓ 23%56 mi
Harrisonburg, VA Management Analysts Salary$98,900↓ 20%60 mi
Lynchburg, VA Management Analysts Salary$90,960↓ 26%61 mi

Comparing salaries near Virginia

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Frequently Asked Questions

How much does a Management Analysts make in Virginia?

The median annual salary for a Management Analysts in Virginia is $123,280. This typically ranges from $63,800 for entry-level positions to $173,460 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Virginia is 3.3% higher than the national median of $119,370.

Is Virginia a lucrative place for Management Analysts?

Yes, Virginia is a lucrative state for Management Analysts.The average salary of $123,280 significantly exceeds the national average, and the high concentration of these roles suggests strong employer demand.

Is Virginia a good place to live for Management Analysts?

The Cost of Living Index in Virginia is 101.4. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Virginia?

Some top paying nearby cities include Charlottesville, VA ($123,250) and Richmond, VA.

How does Virginia's cost of living compare to the national average for Management Analysts?

Virginia's cost of living index is 101.4, which is slightly above the national average of 100, meaning expenses are marginally higher than the typical US location.

What is the concentration of Management Analysts in Virginia?

Virginia has a Location Quotient of 2.75, indicating that Management Analysts are more than twice as concentrated in the state compared to the national average.

How many Management Analysts are there in Virginia?

Virginia employs a substantial workforce of 64,710 Management Analysts, highlighting the significant presence of this profession within the state.

Are Management Analyst jobs in high demand in Virginia?

Yes, the high Location Quotient of 2.75 and the significant number of jobs per 1,000 workers (15.921) suggest a strong demand for Management Analysts in Virginia.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 64,710 employees in the Virginia area with a job density of 15.921 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Management Analysts • Data source: BLS OEWS 2024 •Jobs in Virginia