Average Market Research Analysts and Marketing Specialists Salary in Florence-Muscle Shoals, AL
The average salary for Market Research Analysts and Marketing Specialistss in Florence-Muscle Shoals, AL is $60,600. While this is lower than the national average, the cost of living in Florence-Muscle Shoals, AL may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $60,600 per year.
- Growth Trend: Salaries have shifted 5.4% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $108,320.
- Outlook: The current demand for Market Research Analysts and Marketing Specialistss is stable, with a local workforce of approximately 150 professionals. This role remains a specialized component of the broader Florence-Muscle Shoals, AL economy.
Salary Overview
The average Market Research Analysts and Marketing Specialists in Florence-Muscle Shoals, AL earns-30.2%below the national average.
$29.1
$1,165
$5,050
Market Research Analysts and Marketing Specialists Salary Trends (2020-2024)
Over the past 4 years, Market Research Analysts and Marketing Specialists salaries in Florence-Muscle Shoals, AL have seen a slight adjustment of -5.4%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Market Research Analysts and Marketing Specialists Salary Distribution in Florence-Muscle Shoals, AL
The earning potential for Market Research Analysts and Marketing Specialistss in Florence-Muscle Shoals, AL varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.7x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $28,910, while highly experienced professionals can command wages upwards of $108,320.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $28,910 | $13.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $45,450 | $21.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $48,560 | $23.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $75,750 | $36.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $108,320 | $52.1 |
Detailed Market Research Analysts and Marketing Specialists Market Analysis
Relocation Context
Nominal Salary
$60,600
Gross Pay
Real Wage (Purchasing Power)
$60,600
Adjusted for COL (100)
In Florence-Muscle Shoals, AL, the Cost of Living Index is 100. This increases your effective purchasing power from $60,600 to $60,600.
Job Market Context
150
Total Jobs
2.692
Per 1K Jobs
0.48
Location Quotient
At 0.48x, Florence-Muscle Shoals, AL has a notably lower concentration of Market Research Analysts and Marketing Specialists jobs than the national average. Opportunities in this area are relatively scarce for this profession.
150 people work as Market Research Analysts and Marketing Specialists in Florence-Muscle Shoals, AL.
Moderate density — roughly 2.692 out of every 1,000 local jobs are in this profession.
Nearby Job Markets
Nearby Cities for Market Research Analysts and Marketing Specialists
Comparing salaries near Florence-Muscle Shoals, AL
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Frequently Asked Questions
How much does a Market Research Analysts and Marketing Specialists make in Florence-Muscle Shoals, AL?
The median annual salary for a Market Research Analysts and Marketing Specialists in Florence-Muscle Shoals, AL is $60,600. This typically ranges from $28,910 for entry-level positions to $108,320 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Florence-Muscle Shoals, AL is 30.2% lower than the national median of $86,770.
Is Florence-Muscle Shoals, AL a good place for Market Research Analysts and Marketing Specialistss?
It depends on your priorities. While the average Market Research Analysts and Marketing Specialists salary in Florence-Muscle Shoals, AL is $60,600 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Florence-Muscle Shoals, AL. See distinct detailed breakdown below.
Is Florence-Muscle Shoals, AL a good place to live for Market Research Analysts and Marketing Specialists?
The Cost of Living Index in Florence-Muscle Shoals, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Florence-Muscle Shoals, AL?
Some top paying nearby cities include Decatur, AL ($73,100) and Huntsville, AL.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 150 employees in the Florence-Muscle Shoals, AL area with a job density of 2.692 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Market Research Analysts and Marketing Specialists • Data source: BLS OEWS 2024 •Jobs in Florence-Muscle Shoals, AL