Average Management Analysts Salary in Wilmington, NC
Management Analysts in Wilmington, NC, earn an average annual salary of $104,430. This figure falls 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. Factors such as the specific industries prevalent in Wilmington and the overall economic environment likely influence this localized pay scale.
Executive Summary
- Average Salary: $104,430 per year.
- Growth Trend: Salaries have shifted 7.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $193,220.
- Outlook: The job market for Management Analysts in Wilmington, NC, shows a moderate level of concentration, indicated by a Location Quotient of 0.44. With a total local workforce of 480 professionals in this field, the demand appears stable but not exceptionally high compared to national benchmarks. The presence of 2.567 jobs per 1,000 workers suggests a consistent, albeit not booming, need for these analytical services within the Wilmington area.
Salary Overview
The average Management Analysts in Wilmington, NC earns-12.5%below the national average.
$50.2
$2,008
$8,703
Management Analysts Salary Trends (2020-2024)
While specific historical data for Wilmington is not provided, it is reasonable to assume that Management Analyst salaries in the area have experienced growth over the past four years, mirroring national trends. Economic expansion, increased complexity in business operations, and a growing reliance on data-driven decision-making typically drive up compensation for skilled professionals in analytical roles, even in localized markets.
Management Analysts Salary Distribution in Wilmington, NC
The career trajectory for Management Analysts in Wilmington, NC, likely follows a typical progression where experience significantly impacts earning potential. Entry-level positions might start closer to the lower end of the salary spectrum, while seasoned professionals with extensive expertise and a proven track record can command salaries considerably higher than the average. The percentile gaps in compensation serve as a clear indicator of the value placed on advanced skills and years of dedicated service in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,580 | $22.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $78,323 | $37.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $84,640 | $40.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $130,538 | $62.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $193,220 | $92.9 |
Detailed Management Analysts Market Analysis
Relocation Context
Nominal Salary
$104,430
Gross Pay
Real Wage (Purchasing Power)
$104,430
Adjusted for COL (100)
The average Management Analyst salary of $104,430 in Wilmington, NC, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national average, providing a stable financial foundation for residents. While the salary is below the national average, the cost of living parity suggests that the take-home pay is relatively well-balanced within the local economic context.
Job Market Context
480
Total Jobs
2.567
Per 1K Jobs
0.44
Location Quotient
At 0.44x, Wilmington, NC 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 0.44 indicates that Management Analysts are less concentrated in Wilmington, NC, than the national average. This suggests that the job market may be less saturated, potentially offering more opportunities for skilled individuals to stand out. However, it also implies that the demand might be more niche, and employers may not face intense competition for talent, which could explain the salary being below the national average.
Nearby Job Markets
Nearby Cities for Management Analysts
| City | Salary | Dist. |
|---|---|---|
| Jacksonville, NC Management Analysts Salary | $93,760↓ 10% | 46 mi |
| Myrtle Beach-Conway-North Myrtle Beach, SC Management Analysts Salary | $115,850↑ 11% | 67 mi |
| Goldsboro, NC Management Analysts Salary | $83,600↓ 20% | 81 mi |
| Fayetteville, NC Management Analysts Salary | $99,070↓ 5% | 87 mi |
| Greenville, NC Management Analysts Salary | $91,820↓ 12% | 100 mi |
Comparing salaries near Wilmington, NC
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Frequently Asked Questions
How much does a Management Analysts make in Wilmington, NC?
The median annual salary for a Management Analysts in Wilmington, NC is $104,430. This typically ranges from $47,580 for entry-level positions to $193,220 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Wilmington, NC is 12.5% lower than the national median of $119,370.
Is Wilmington, NC a lucrative place for Management Analysts?
No, not exceptionally lucrative compared to the national average.While the average salary of $104,430 is substantial, it falls below the national average of $119,370. However, the cost of living being at the national average means the salary's purchasing power is equivalent.
Is Wilmington, NC a good place to live for Management Analysts?
The Cost of Living Index in Wilmington, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Wilmington, NC?
Some top paying nearby cities include Jacksonville, NC ($93,760) and Myrtle Beach-Conway-North Myrtle Beach, SC.
What is the average salary for a Management Analyst in Wilmington, NC?
The average annual salary for a Management Analyst in Wilmington, NC, is $104,430.
How does Wilmington's cost of living compare to the national average?
Wilmington, NC, has a Cost of Living Index of 100, which is exactly the national average.
Is there high demand for Management Analysts in Wilmington, NC?
The demand is moderate, with 2.567 jobs per 1,000 workers and a Location Quotient of 0.44, indicating a lower concentration than the national average.
How does experience affect a Management Analyst's salary in Wilmington, NC?
Experience significantly influences salary, with senior roles commanding higher compensation than entry-level positions, reflecting a standard career progression.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 480 employees in the Wilmington, NC area with a job density of 2.567 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 Wilmington, NC