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Average Market Research Analysts and Marketing Specialists Salary in Northwestern Region of Texas nonmetropolitan area

In the Northwestern Region of Texas nonmetropolitan area, Market Research Analysts and Marketing Specialists earn an average annual salary of $65,340. This figure is notably lower than the national average of $86,770, reflecting the specific economic dynamics and demand within this less densely populated region. Factors such as local industry concentration and the overall economic output of nonmetropolitan areas often influence compensation levels.

Executive Summary

  • Average Salary: $65,340 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $116,760.
  • Outlook: The job market for Market Research Analysts and Marketing Specialists in the Northwestern Region of Texas nonmetropolitan area appears to be relatively niche, with a total local workforce of 250 individuals. The Location Quotient of 0.24 indicates a significantly lower concentration of these roles compared to the national average, suggesting that while opportunities exist, they are not as widespread as in more urbanized or industrially diverse areas.
2024 Market Data

Salary Overview

$65,340

The average Market Research Analysts and Marketing Specialists in Northwestern Region of Texas nonmetropolitan area earns-24.7%below the national average.

BreakdownBased on 40h/week
Hourly

$31.4

Weekly

$1,257

Monthly

$5,445

Market Research Analysts and Marketing Specialists Salary Distribution in Northwestern Region of Texas nonmetropolitan area

Salary progression for Market Research Analysts and Marketing Specialists typically scales with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior analysts with extensive experience and proven track records can command significantly higher salaries, potentially reaching into the upper percentiles. The gap between entry-level and senior roles signifies substantial career development and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,560$17.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$49,005$23.6
ManagerOversees team, compliance, and project delivery.50% (Median)$56,600$27.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$81,675$39.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$116,760$56.1

Detailed Market Research Analysts and Marketing Specialists Market Analysis

Relocation Context

Nominal Salary

$65,340

Gross Pay

Real Wage (Purchasing Power)

$65,340

Adjusted for COL (100)

The nominal average annual salary of $65,340 in the Northwestern Region of Texas nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a Market Research Analyst's salary in this region is comparable to the national average, suggesting that the lower nominal salary is balanced by a similar cost of living.

Job Market Context

250

Total Jobs

1.354

Per 1K Jobs

0.24

Location Quotient

Low Concentration

At 0.24x, Northwestern Region of Texas nonmetropolitan area 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.

With a Location Quotient of 0.24, the market for Market Research Analysts and Marketing Specialists in the Northwestern Region of Texas nonmetropolitan area is considerably less concentrated than the national average. This suggests a less competitive environment for job seekers in terms of the sheer number of available positions relative to the national landscape, but also indicates a potentially smaller pool of specialized talent.

Nearby Job Markets

Nearby Cities for Market Research Analysts and Marketing Specialists

Comparing salaries near Northwestern Region of Texas nonmetropolitan area

Hiring Market Research Analysts and Marketing Specialistss?

Frequently Asked Questions

How much does a Market Research Analysts and Marketing Specialists make in Northwestern Region of Texas nonmetropolitan area?

The median annual salary for a Market Research Analysts and Marketing Specialists in Northwestern Region of Texas nonmetropolitan area is $65,340. This typically ranges from $36,560 for entry-level positions to $116,760 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwestern Region of Texas nonmetropolitan area is 24.7% lower than the national median of $86,770.

Is Northwestern Region of Texas nonmetropolitan area a lucrative place for Market Research Analysts and Marketing Specialists?

No, not particularly lucrative compared to national averages.While the cost of living is on par with the national average, the average salary of $65,340 is substantially lower than the national average of $86,770, indicating less lucrative compensation.

Is Northwestern Region of Texas nonmetropolitan area a good place to live for Market Research Analysts and Marketing Specialists?

The Cost of Living Index in Northwestern Region of Texas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northwestern Region of Texas nonmetropolitan area?

Some top paying nearby cities include Killeen-Temple, TX ($63,110) and Waco, TX.

How does the local workforce size affect job prospects?

A local workforce of 250 for this role suggests a smaller, more specialized job market. While this might mean fewer openings, it could also lead to less competition for experienced professionals.

What does a Location Quotient of 0.24 signify?

A Location Quotient of 0.24 means that Market Research Analysts and Marketing Specialists are less than a quarter as concentrated in this region compared to the national average, indicating a lower prevalence of these jobs.

How does the Cost of Living Index impact salary perception?

With a Cost of Living Index of 100, the local expenses are average. Therefore, the $65,340 salary has average purchasing power, making the lower nominal wage less appealing when compared to higher-paying regions with similar living costs.

Are there many job opportunities for Market Research Analysts in this region?

The data suggests a limited number of opportunities, with only 1.354 jobs per 1,000 workers, indicating that this is not a primary hub for these specific roles.

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 Northwestern Region of Texas nonmetropolitan area area with a job density of 1.354 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.