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Average Market Research Analysts and Marketing Specialists Salary in Southern Michigan nonmetropolitan area

In Southern Michigan's nonmetropolitan areas, Market Research Analysts and Marketing Specialists earn an average annual salary of $68,490. This figure is notably below the national average of $86,770, reflecting regional economic factors and a lower concentration of specialized roles. The unique economic landscape of this area influences compensation for these analytical positions.

Executive Summary

  • Average Salary: $68,490 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $110,620.
  • Outlook: The job market for Market Research Analysts and Marketing Specialists in Southern Michigan's nonmetropolitan areas appears stable, with a total local workforce of 500 individuals in this field. The Location Quotient of 0.67 suggests a slightly lower concentration of these roles compared to the national average, indicating a moderate demand that is not oversaturated.
2024 Market Data

Salary Overview

$68,490

The average Market Research Analysts and Marketing Specialists in Southern Michigan nonmetropolitan area earns-21.1%below the national average.

BreakdownBased on 40h/week
Hourly

$32.9

Weekly

$1,317

Monthly

$5,708

Market Research Analysts and Marketing Specialists Salary Distribution in Southern Michigan nonmetropolitan area

Salary progression for Market Research Analysts and Marketing Specialists typically scales significantly with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and a proven track record can command salaries well above the average. The percentile gaps in salary distribution clearly signify the career advancement opportunities and increased earning potential as one moves from junior to senior roles.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$33,820$16.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$51,368$24.7
ManagerOversees team, compliance, and project delivery.50% (Median)$60,410$29
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$85,613$41.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$110,620$53.2

Detailed Market Research Analysts and Marketing Specialists Market Analysis

Relocation Context

Nominal Salary

$68,490

Gross Pay

Real Wage (Purchasing Power)

$68,490

Adjusted for COL (100)

The nominal average salary of $68,490 in Southern Michigan's nonmetropolitan areas aligns perfectly 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 this income is equivalent to the national average, making the effective financial standing comparable.

Job Market Context

500

Total Jobs

3.764

Per 1K Jobs

0.67

Location Quotient

Below Average

Southern Michigan nonmetropolitan area has 0.67x 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 0.67, the market for Market Research Analysts and Marketing Specialists in Southern Michigan's nonmetropolitan areas is less concentrated than the national average. This suggests that while the demand exists, the supply of professionals in this specific niche may be more limited relative to other regions, potentially offering unique opportunities for skilled individuals.

Nearby Job Markets

Nearby Cities for Market Research Analysts and Marketing Specialists

Comparing salaries near Southern Michigan nonmetropolitan area

Hiring Market Research Analysts and Marketing Specialistss?

Frequently Asked Questions

How much does a Market Research Analysts and Marketing Specialists make in Southern Michigan nonmetropolitan area?

The median annual salary for a Market Research Analysts and Marketing Specialists in Southern Michigan nonmetropolitan area is $68,490. This typically ranges from $33,820 for entry-level positions to $110,620 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southern Michigan nonmetropolitan area is 21.1% lower than the national median of $86,770.

Is Southern Michigan nonmetropolitan area a lucrative place for Market Research Analysts and Marketing Specialists?

No, not compared to the national average.The average salary of $68,490 is significantly lower than the national average of $86,770, although the cost of living is on par with the national average.

Is Southern Michigan nonmetropolitan area a good place to live for Market Research Analysts and Marketing Specialists?

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

Where are the highest paying cities near Southern Michigan nonmetropolitan area?

Some top paying nearby cities include Midland, MI ($76,320) and Saginaw, MI.

How does the local workforce size impact job opportunities?

A local workforce of 500 indicates a moderate pool of professionals, suggesting that while opportunities exist, the market may not be as dynamic as in larger metropolitan areas with a more substantial workforce.

What does a Location Quotient of 0.67 mean for job seekers?

A Location Quotient below 1.0 signifies that this profession is less concentrated locally than nationally. This could mean fewer job openings but potentially less competition for those seeking roles.

How does the Cost of Living affect the $68,490 salary?

With a Cost of Living Index of 100, the $68,490 salary offers purchasing power equivalent to the national average, meaning your earnings will stretch as far as they would in a typical US location.

Are there many jobs per 1,000 workers for this role in Southern Michigan nonmetropolitan areas?

With 3.764 jobs per 1,000 workers, the presence of these roles is slightly below the national average, indicating a steady but not exceptionally high demand for Market Research Analysts and Marketing Specialists in this region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 500 employees in the Southern Michigan nonmetropolitan area area with a job density of 3.764 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.