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Average Management Analysts Salary in Worcester, MA

Management Analysts in Worcester, MA, command an impressive average annual salary of $120,220, slightly surpassing the national average of $119,370. This competitive compensation reflects the specialized skills and strategic insights these professionals bring to businesses within the Worcester economic landscape.

Executive Summary

  • Average Salary: $120,220 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $174,200.
  • Outlook: With a local workforce of 1,050 Management Analysts, Worcester presents a moderately concentrated job market, indicated by a Location Quotient of 0.51. While not a national hub, the presence of nearly 3 Management Analysts per 1,000 workers suggests a stable demand for these analytical roles within the region's diverse industries.
2024 Market Data

Salary Overview

$120,220

The average Management Analysts in Worcester, MA earns+0.7%above the national average.

BreakdownBased on 40h/week
Hourly

$57.8

Weekly

$2,312

Monthly

$10,018

Management Analysts Salary Distribution in Worcester, MA

The career path for Management Analysts typically involves significant salary progression. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive experience and a proven track record can command salaries well into the upper percentiles, reflecting their enhanced value and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$65,020$31.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$90,165$43.3
ManagerOversees team, compliance, and project delivery.50% (Median)$107,540$51.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$150,275$72.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$174,200$83.8

Detailed Management Analysts Market Analysis

Relocation Context

Nominal Salary

$120,220

Gross Pay

Real Wage (Purchasing Power)

$120,220

Adjusted for COL (100)

Worcester's Cost of Living Index stands precisely at the national average of 100. This means the $120,220 average salary for Management Analysts offers purchasing power that aligns with the typical American lifestyle, making relocation to Worcester financially neutral in terms of everyday expenses.

Job Market Context

1,050

Total Jobs

2.969

Per 1K Jobs

0.51

Location Quotient

Below Average

Worcester, MA has 0.51x the national average concentration of Management Analysts jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.51 indicates that Management Analysts are less concentrated in Worcester compared to the national average. This suggests that while the role is present and valued, the market may not be oversaturated, potentially offering good opportunities for skilled professionals seeking employment.

Nearby Job Markets

Nearby Cities for Management Analysts

CitySalaryDist.
Massachusetts nonmetropolitan area Management Analysts Salary$121,490↑ 1%14 mi
Providence-Warwick, RI-MA Management Analysts Salary$105,060↓ 13%37 mi
Amherst Town-Northampton, MA Management Analysts Salary$112,110↓ 7%37 mi
Boston-Cambridge-Newton, MA-NH Management Analysts Salary$149,850↑ 25%37 mi
Springfield, MA Management Analysts Salary$120,950↑ 1%39 mi

Comparing salaries near Worcester, MA

Hiring Management Analystss?

Frequently Asked Questions

How much does a Management Analysts make in Worcester, MA?

The median annual salary for a Management Analysts in Worcester, MA is $120,220. This typically ranges from $65,020 for entry-level positions to $174,200 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Worcester, MA is 0.7% higher than the national median of $119,370.

Is Worcester, MA a lucrative place for Management Analysts?

Yes, Worcester offers a lucrative environment for Management Analysts.The average salary of $120,220 is slightly above the national average, and the cost of living is at the national average, providing strong purchasing power.

Is Worcester, MA a good place to live for Management Analysts?

The Cost of Living Index in Worcester, MA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Worcester, MA?

Some top paying nearby cities include Massachusetts nonmetropolitan area ($121,490) and Providence-Warwick, RI-MA.

How does Worcester's Management Analyst salary compare to the national average?

Management Analysts in Worcester earn an average of $120,220 annually, which is slightly higher than the national average of $119,370.

What is the concentration of Management Analysts in Worcester?

Worcester has a Location Quotient of 0.51 for Management Analysts, indicating a lower concentration compared to the national average.

Does the cost of living in Worcester affect the Management Analyst salary?

No, Worcester's Cost of Living Index is 100, matching the national average. Therefore, the $120,220 salary has standard purchasing power.

How many Management Analysts are there in Worcester?

There are approximately 1,050 Management Analysts working in Worcester, MA.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,050 employees in the Worcester, MA area with a job density of 2.969 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 Worcester, MA