In the Northern Vermont nonmetropolitan area, Market Research Analysts and Marketing Specialists earn an average annual salary of $74,620. This figure is notably below the national average of $86,770, reflecting the unique economic landscape and potentially lower demand for these specialized roles outside of major metropolitan hubs. The compensation is directly influenced by the specific market dynamics and industry concentration within this region.
Executive Summary
- Average Salary: $74,620 per year.
- Growth Trend: Salaries have shifted 17.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $92,920.
- Outlook: The job market for Market Research Analysts and Marketing Specialists in Northern Vermont's nonmetropolitan area appears to be relatively niche, with a total local workforce of 250 individuals in this field. The Location Quotient of 0.5 indicates a lower concentration of these professionals compared to the national average, suggesting that while opportunities exist, the overall demand might be less robust than in more densely populated areas.
Salary Overview
The average Market Research Analysts and Marketing Specialists in Northern Vermont nonmetropolitan area earns-14.0%below the national average.
$35.9
$1,435
$6,218
Market Research Analysts and Marketing Specialists Salary Trends (2020-2024)
While specific historical data for this precise nonmetropolitan area is not provided, it is generally assumed that salaries for Market Research Analysts and Marketing Specialists nationwide have experienced a steady upward trend over the past four years. This growth is typically driven by increasing reliance on data-driven marketing strategies and the evolving digital landscape, which likely influences compensation even in less concentrated regions.
Market Research Analysts and Marketing Specialists Salary Distribution in Northern Vermont nonmetropolitan area
Career progression for Market Research Analysts and Marketing Specialists typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive experience and a proven track record can command salaries in the upper percentiles. These percentile gaps clearly signify the value of accumulated expertise and strategic insight in advancing within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $52,250 | $25.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $55,965 | $26.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $76,050 | $36.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $93,275 | $44.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $92,920 | $44.7 |
Detailed Market Research Analysts and Marketing Specialists Market Analysis
Relocation Context
Nominal Salary
$74,620
Gross Pay
Real Wage (Purchasing Power)
$74,620
Adjusted for COL (100)
The nominal average annual salary of $74,620 in Northern Vermont's nonmetropolitan area aligns precisely with the national average Cost of Living Index of 100. This means that while the salary is lower than the national average, the purchasing power of that income is equivalent to the national average, making the effective financial standing comparable to the rest of the country.
Job Market Context
250
Total Jobs
2.785
Per 1K Jobs
0.5
Location Quotient
Northern Vermont nonmetropolitan area has 0.50x the national average concentration of Market Research Analysts and Marketing Specialists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
With a Location Quotient of 0.5, the market for Market Research Analysts and Marketing Specialists in Northern Vermont's nonmetropolitan area is less concentrated than the national average. This suggests a less competitive environment with fewer professionals vying for available positions, potentially offering a more accessible entry point for new entrants or those looking to relocate, though it also implies a smaller overall job pool.
Nearby Job Markets
Nearby Cities for Market Research Analysts and Marketing Specialists
Comparing salaries near Northern Vermont nonmetropolitan area
Hiring Market Research Analysts and Marketing Specialistss?
Frequently Asked Questions
How much does a Market Research Analysts and Marketing Specialists make in Northern Vermont nonmetropolitan area?
The median annual salary for a Market Research Analysts and Marketing Specialists in Northern Vermont nonmetropolitan area is $74,620. This typically ranges from $52,250 for entry-level positions to $92,920 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northern Vermont nonmetropolitan area is 14.0% lower than the national median of $86,770.
Is Northern Vermont nonmetropolitan area a lucrative place for Market Research Analysts and Marketing Specialists?
No, not exceptionally lucrative compared to national averages.The average salary of $74,620 is below the national average, though the cost of living is also at the national average, making the effective purchasing power comparable.
Is Northern Vermont nonmetropolitan area a good place to live for Market Research Analysts and Marketing Specialists?
The Cost of Living Index in Northern Vermont nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northern Vermont nonmetropolitan area?
Some top paying nearby cities include Burlington-South Burlington, VT ($77,620) and Glens Falls, NY.
How does the Northern Vermont salary compare to the national average?
The average salary of $74,620 in Northern Vermont is approximately 14% lower than the national average of $86,770 for Market Research Analysts and Marketing Specialists.
What is the significance of the Location Quotient (LQ) of 0.5?
An LQ of 0.5 indicates that the concentration of Market Research Analysts and Marketing Specialists in Northern Vermont is half that of the national average, suggesting a less saturated job market.
How does the cost of living impact the salary in Northern Vermont?
With a Cost of Living Index of 100, the same as the national average, the $74,620 salary in Northern Vermont offers purchasing power equivalent to the national average, despite being a lower nominal figure.
What is the total workforce size for this role in Northern Vermont?
There are approximately 250 Market Research Analysts and Marketing Specialists employed in the Northern Vermont nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Northern Vermont nonmetropolitan area area with a job density of 2.785 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Market Research Analysts and Marketing Specialists Salaries by State
Top Jobs in Northern Vermont nonmetropolitan area
- All Occupations Salary in Northern Vermont nonmetropolitan area
- Office and Administrative Support Occupations Salary in Northern Vermont nonmetropolitan area
- Educational Instruction and Library Occupations Salary in Northern Vermont nonmetropolitan area
- Management Occupations Salary in Northern Vermont nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in Northern Vermont nonmetropolitan area
- Sales and Related Occupations Salary in Northern Vermont nonmetropolitan area
- Healthcare Practitioners and Technical Occupations Salary in Northern Vermont nonmetropolitan area
- Transportation and Material Moving Occupations Salary in Northern Vermont nonmetropolitan area
- Business and Financial Operations Occupations Salary in Northern Vermont nonmetropolitan area
- Production Occupations Salary in Northern Vermont nonmetropolitan area
- Browse All Jobs in Northern Vermont nonmetropolitan area →
Semantic Salary Analysis for Market Research Analysts and Marketing Specialists • Data source: BLS OEWS 2024 •Jobs in Northern Vermont nonmetropolitan area