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Average Management Analysts Salary in Winchester, VA-WV

Management Analysts in Winchester, VA-WV earn an average annual salary of $111,640, which is slightly below the national average of $119,370. This localized compensation reflects the specific economic conditions and demand within the Winchester region, balancing industry needs with the local cost of living.

Executive Summary

  • Average Salary: $111,640 per year.
  • Growth Trend: Salaries have shifted 24.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $151,710.
  • Outlook: With a total local workforce of 400 Management Analysts, the Winchester, VA-WV market demonstrates a stable presence in this field. The Location Quotient of 1.02 indicates a concentration of these roles that is very close to the national average, suggesting a steady, albeit not rapidly expanding, demand for their expertise.
2024 Market Data

Salary Overview

$111,640

The average Management Analysts in Winchester, VA-WV earns-6.5%below the national average.

BreakdownBased on 40h/week
Hourly

$53.7

Weekly

$2,147

Monthly

$9,303

Management Analysts Salary Distribution in Winchester, VA-WV

The career trajectory for Management Analysts in Winchester, VA-WV, shows significant salary progression with experience. Entry-level positions typically start at 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, often reaching the 75th percentile and beyond.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$68,390$32.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$83,730$40.3
ManagerOversees team, compliance, and project delivery.50% (Median)$103,840$49.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$139,550$67.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$151,710$72.9

Detailed Management Analysts Market Analysis

Relocation Context

Nominal Salary

$111,640

Gross Pay

Real Wage (Purchasing Power)

$111,640

Adjusted for COL (100)

The average annual salary of $111,640 in Winchester, VA-WV, aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of a Management Analyst's salary in Winchester is equivalent to the national average, offering a stable financial standing relative to the rest of the country.

Job Market Context

400

Total Jobs

5.906

Per 1K Jobs

1.02

Location Quotient

Above Average

With a location quotient of 1.02, Winchester, VA-WV has a slightly higher-than-average concentration of Management Analysts roles compared to the national norm.

A Location Quotient of 1.02 for Management Analysts in Winchester, VA-WV, signifies a job market that is almost perfectly aligned with national employment concentrations. This suggests a balanced environment where the number of analysts is proportionate to the demand, indicating moderate competition and consistent opportunities.

Nearby Job Markets

Nearby Cities for Management Analysts

Comparing salaries near Winchester, VA-WV

Hiring Management Analystss?

Frequently Asked Questions

How much does a Management Analysts make in Winchester, VA-WV?

The median annual salary for a Management Analysts in Winchester, VA-WV is $111,640. This typically ranges from $68,390 for entry-level positions to $151,710 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Winchester, VA-WV is 6.5% lower than the national median of $119,370.

Is Winchester, VA-WV a lucrative place for Management Analysts?

Yes, Winchester, VA-WV offers a competitive salary for Management Analysts.The average salary of $111,640 is strong, and with a cost of living index of 100, it provides excellent purchasing power equivalent to the national average.

Is Winchester, VA-WV a good place to live for Management Analysts?

The Cost of Living Index in Winchester, VA-WV is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Winchester, VA-WV?

Some top paying nearby cities include Hagerstown-Martinsburg, MD-WV ($110,190) and Chambersburg, PA.

How does the Winchester Management Analyst salary compare to the national average?

The average salary for Management Analysts in Winchester, VA-WV is $111,640, which is slightly lower than the national average of $119,370.

What is the Cost of Living in Winchester, VA-WV for Management Analysts?

The Cost of Living Index in Winchester, VA-WV is 100, which is exactly the national average, meaning your salary has average purchasing power.

How concentrated are Management Analyst jobs in Winchester, VA-WV?

The concentration of Management Analyst jobs, indicated by a Location Quotient of 1.02, is very close to the national average, suggesting a stable and proportionate presence of these roles.

What is the total number of Management Analysts in Winchester, VA-WV?

There are approximately 400 Management Analysts employed in the Winchester, VA-WV area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 400 employees in the Winchester, VA-WV area with a job density of 5.906 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.