Average Market Research Analysts and Marketing Specialists Salary in Olympia-Lacey-Tumwater, WA
Market Research Analysts and Marketing Specialists in Olympia-Lacey-Tumwater, WA, earn an impressive average annual salary of $88,870. This figure notably surpasses the national average of $86,770, indicating a strong local demand and potentially higher cost of doing business or specialized industry needs within the region that command this premium.
Executive Summary
- Average Salary: $88,870 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $137,960.
- Outlook: With a local workforce of 610 professionals in this field, the Olympia-Lacey-Tumwater area demonstrates a stable, albeit not overwhelmingly concentrated, presence of Market Research Analysts and Marketing Specialists. The location quotient of 0.86 suggests the concentration is slightly below the national average, implying a healthy job market that is neither oversaturated nor critically undersupplied, offering a balanced environment for career growth.
Salary Overview
The average Market Research Analysts and Marketing Specialists in Olympia-Lacey-Tumwater, WA earns+2.4%above the national average.
$42.7
$1,709
$7,406
Market Research Analysts and Marketing Specialists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Market Research Analysts and Marketing Specialists in Olympia-Lacey-Tumwater, WA, have experienced steady growth over the past four years, mirroring national trends. Economic factors and evolving marketing strategies likely contribute to an upward trajectory in compensation for these vital roles.
Market Research Analysts and Marketing Specialists Salary Distribution in Olympia-Lacey-Tumwater, WA
Salary progression for Market Research Analysts and Marketing Specialists in Olympia-Lacey-Tumwater, WA, is strongly tied to experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive expertise and a proven track record can command significantly higher salaries, often reaching into the upper percentiles. These percentile gaps clearly signify the career progression and increased earning potential available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,410 | $22.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $66,653 | $32 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $80,560 | $38.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $111,088 | $53.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $137,960 | $66.3 |
Detailed Market Research Analysts and Marketing Specialists Market Analysis
Relocation Context
Nominal Salary
$88,870
Gross Pay
Real Wage (Purchasing Power)
$88,870
Adjusted for COL (100)
The average annual salary of $88,870 in Olympia-Lacey-Tumwater, WA, aligns perfectly with the local Cost of Living Index of 100. This means that the nominal salary offers purchasing power equivalent to the national average, suggesting that your earnings will maintain their value within the local economic landscape without significant erosion or enhancement due to living expenses.
Job Market Context
610
Total Jobs
4.803
Per 1K Jobs
0.86
Location Quotient
Olympia-Lacey-Tumwater, WA has 0.86x 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.
The location quotient of 0.86 for Market Research Analysts and Marketing Specialists in Olympia-Lacey-Tumwater, WA, indicates that this profession is slightly less concentrated here than the national average. This suggests a competitive job market where demand is present but not overwhelmingly dense, potentially offering good opportunities for skilled professionals without intense competition from a disproportionately large talent pool.
Nearby Job Markets
Nearby Cities for Market Research Analysts and Marketing Specialists
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Frequently Asked Questions
How much does a Market Research Analysts and Marketing Specialists make in Olympia-Lacey-Tumwater, WA?
The median annual salary for a Market Research Analysts and Marketing Specialists in Olympia-Lacey-Tumwater, WA is $88,870. This typically ranges from $47,410 for entry-level positions to $137,960 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Olympia-Lacey-Tumwater, WA is 2.4% higher than the national median of $86,770.
Is Olympia-Lacey-Tumwater, WA a lucrative place for Market Research Analysts and Marketing Specialists?
Yes, it is a lucrative place.The average salary of $88,870 significantly exceeds the national average, and the cost of living is on par with the national average, indicating strong purchasing power for these professionals.
Is Olympia-Lacey-Tumwater, WA a good place to live for Market Research Analysts and Marketing Specialists?
The Cost of Living Index in Olympia-Lacey-Tumwater, WA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Olympia-Lacey-Tumwater, WA?
Some top paying nearby cities include Bremerton-Silverdale-Port Orchard, WA ($85,800) and Seattle-Tacoma-Bellevue, WA.
How does the Olympia-Lacey-Tumwater salary compare to the national average?
The average annual salary of $88,870 in Olympia-Lacey-Tumwater, WA, is higher than the national average of $86,770, suggesting a more favorable compensation landscape locally.
What is the concentration of Market Research Analysts and Marketing Specialists in this area?
The location quotient of 0.86 indicates that the concentration of these professionals in Olympia-Lacey-Tumwater, WA, is slightly below the national average.
Does the cost of living affect the value of the salary in Olympia-Lacey-Tumwater, WA?
No, the cost of living index is 100, meaning it is exactly at the national average. Therefore, the nominal salary of $88,870 holds its value effectively within the local economy.
How many Market Research Analysts and Marketing Specialists are employed in Olympia-Lacey-Tumwater, WA?
There are approximately 610 Market Research Analysts and Marketing Specialists employed in the Olympia-Lacey-Tumwater, WA area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 610 employees in the Olympia-Lacey-Tumwater, WA area with a job density of 4.803 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 Olympia-Lacey-Tumwater, WA