Average Management Analysts Salary in Winston-Salem, NC
Management Analysts in Winston-Salem, NC, earn an average annual salary of $91,300. This figure is notably below the national average of $119,370, suggesting that local market dynamics, such as industry concentration and demand, play a significant role in compensation levels within this specific region.
Executive Summary
- Average Salary: $91,300 per year.
- Growth Trend: Salaries have shifted 2.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $142,950.
- Outlook: With a local workforce of 630 Management Analysts and a Location Quotient of 0.39, the job market in Winston-Salem indicates a lower concentration of these professionals compared to the national average. While the absolute number of jobs per 1,000 workers (2.288) provides a baseline, the sub-average LQ suggests that demand might be less robust or more specialized than in larger metropolitan areas.
Salary Overview
The average Management Analysts in Winston-Salem, NC earns-23.5%below the national average.
$43.9
$1,756
$7,608
Management Analysts Salary Trends (2020-2024)
While specific historical data for Winston-Salem is not provided, it's reasonable to assume that Management Analyst salaries in the region have experienced growth over the past four years, mirroring national trends. Economic shifts, evolving business needs, and inflation typically drive incremental increases in compensation for specialized roles like management analysis.
Management Analysts Salary Distribution in Winston-Salem, NC
Salary progression for Management Analysts in Winston-Salem, as elsewhere, is typically tied to experience and demonstrated expertise. Entry-level positions will likely fall at the lower end of the salary spectrum, while senior analysts with extensive track records and specialized skills can command significantly higher compensation, often reaching into the upper percentiles of the pay scale.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,650 | $23.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $68,475 | $32.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $82,060 | $39.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $114,125 | $54.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $142,950 | $68.7 |
Detailed Management Analysts Market Analysis
Relocation Context
Nominal Salary
$91,300
Gross Pay
Real Wage (Purchasing Power)
$91,300
Adjusted for COL (100)
The average Management Analyst salary of $91,300 in Winston-Salem aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, indicating that while the nominal salary is lower than the national average, the cost of living does not present a disadvantage in terms of real income.
Job Market Context
630
Total Jobs
2.288
Per 1K Jobs
0.39
Location Quotient
At 0.39x, Winston-Salem, 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 0.39 for Management Analysts in Winston-Salem signifies that this profession is less concentrated in the area compared to the national landscape. This suggests a potentially less competitive market for job seekers, but also implies that the demand for these specialized skills might be more niche or less widespread than in regions with a higher concentration of these roles.
Nearby Job Markets
Nearby Cities for Management Analysts
| City | Salary | Dist. |
|---|---|---|
| Greensboro-High Point, NC Management Analysts Salary | $93,300↑ 2% | 23 mi |
| Eastern North Carolina nonmetropolitan area Management Analysts Salary | $98,760↑ 8% | 41 mi |
| Western North Carolina nonmetropolitan area Management Analysts Salary | $89,890↓ 2% | 41 mi |
| Central North Carolina nonmetropolitan area Management Analysts Salary | $89,890↓ 2% | 41 mi |
| Burlington, NC Management Analysts Salary | $99,670↑ 9% | 43 mi |
Comparing salaries near Winston-Salem, NC
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Frequently Asked Questions
How much does a Management Analysts make in Winston-Salem, NC?
The median annual salary for a Management Analysts in Winston-Salem, NC is $91,300. This typically ranges from $49,650 for entry-level positions to $142,950 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Winston-Salem, NC is 23.5% lower than the national median of $119,370.
Is Winston-Salem, NC a lucrative place for Management Analysts?
No, not exceptionally lucrative compared to the national average.While the average salary of $91,300 is substantial, it falls significantly 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 Winston-Salem, NC a good place to live for Management Analysts?
The Cost of Living Index in Winston-Salem, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Winston-Salem, NC?
Some top paying nearby cities include Greensboro-High Point, NC ($93,300) and Eastern North Carolina nonmetropolitan area.
How does the Winston-Salem Management Analyst salary compare to the national average?
The average annual salary for Management Analysts in Winston-Salem, NC is $91,300, which is considerably lower than the national average of $119,370.
What is the concentration of Management Analysts in Winston-Salem?
The concentration of Management Analysts in Winston-Salem is below the national average, indicated by a Location Quotient of 0.39.
Does the cost of living in Winston-Salem affect the Management Analyst salary?
The cost of living in Winston-Salem is at the national average (100), meaning the $91,300 salary offers purchasing power equivalent to the national average, despite being a lower nominal figure.
What does a Location Quotient of 0.39 mean for Management Analysts in Winston-Salem?
A Location Quotient of 0.39 suggests that Management Analysts are less prevalent in Winston-Salem compared to the rest of the United States, potentially indicating a less saturated job market for this role.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 630 employees in the Winston-Salem, NC area with a job density of 2.288 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 Winston-Salem, NC