Average Operations Research Analysts Salary in Lexington Park, MD
Operations Research Analysts in Lexington Park, MD, command an impressive average annual salary of $133,340. This figure significantly surpasses the national average of $99,860, indicating a strong local demand for these analytical professionals. The specialized nature of defense and aerospace industries prevalent in the region likely drives this elevated compensation.
Executive Summary
- Average Salary: $133,340 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $181,850.
- Outlook: The job market for Operations Research Analysts in Lexington Park, MD, appears robust. With a total local workforce of 380 and a Location Quotient of 7.65, the concentration of these roles is exceptionally high compared to the national average. This suggests a sustained and potentially growing demand for skilled analysts within the area's key sectors.
Salary Overview
The average Operations Research Analysts in Lexington Park, MD earns+33.5%above the national average.
$64.1
$2,564
$11,112
Operations Research Analysts Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that the salary for Operations Research Analysts in Lexington Park, MD, has seen consistent growth over the past four years. Factors such as increasing reliance on data-driven decision-making and the expansion of defense contracts likely contribute to upward salary trends in this specialized field.
Operations Research Analysts Salary Distribution in Lexington Park, MD
Career progression for Operations Research Analysts in Lexington Park, MD, is typically marked by increasing salary potential. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries well into the upper percentiles, reflecting a significant salary gap that signifies substantial career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $77,020 | $37 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $100,005 | $48.1 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $135,390 | $65.1 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $166,675 | $80.1 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $181,850 | $87.4 |
Detailed Operations Research Analysts Market Analysis
Relocation Context
Nominal Salary
$133,340
Gross Pay
Real Wage (Purchasing Power)
$133,340
Adjusted for COL (100)
The average annual salary of $133,340 in Lexington Park, MD, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the high nominal salary translates directly into strong purchasing power, allowing analysts to maintain a comparable standard of living to the national average without financial strain.
Job Market Context
380
Total Jobs
5.348
Per 1K Jobs
7.65
Location Quotient
Lexington Park, MD has 7.7x the national concentration of Operations Research Analysts jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
Lexington Park, MD, exhibits an exceptionally high Location Quotient of 7.65 for Operations Research Analysts, indicating a market where these professionals are highly concentrated and in demand. This suggests that the job market is not only abundant with opportunities but also potentially competitive for employers seeking top talent, making it a very favorable environment for analysts.
Nearby Job Markets
Nearby Cities for Operations Research Analysts
| City | Salary | Dist. |
|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV Operations Research Analysts Salary | $125,490↓ 6% | 55 mi |
| Maryland nonmetropolitan area Operations Research Analysts Salary | $88,870↓ 33% | 59 mi |
| Baltimore-Columbia-Towson, MD Operations Research Analysts Salary | $106,990↓ 20% | 72 mi |
| Richmond, VA Operations Research Analysts Salary | $100,960↓ 24% | 75 mi |
Comparing salaries near Lexington Park, MD
Hiring Operations Research Analystss?
Frequently Asked Questions
How much does a Operations Research Analysts make in Lexington Park, MD?
The median annual salary for a Operations Research Analysts in Lexington Park, MD is $133,340. This typically ranges from $77,020 for entry-level positions to $181,850 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lexington Park, MD is 33.5% higher than the national median of $99,860.
Is Lexington Park, MD a lucrative place for Operations Research Analysts?
Yes, Lexington Park, MD is a highly lucrative location for Operations Research Analysts.The average salary of $133,340 is substantially higher than the national average, and the cost of living is on par with the national average, offering excellent purchasing power.
Is Lexington Park, MD a good place to live for Operations Research Analysts?
The Cost of Living Index in Lexington Park, MD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lexington Park, MD?
Some top paying nearby cities include Washington-Arlington-Alexandria, DC-VA-MD-WV ($125,490) and Maryland nonmetropolitan area.
How does the number of Operations Research Analysts in Lexington Park compare nationally?
With 5.348 jobs per 1,000 workers, the concentration of Operations Research Analysts in Lexington Park is significantly higher than the national average, as indicated by its Location Quotient of 7.65.
What industries drive the demand for Operations Research Analysts in Lexington Park, MD?
The high demand is largely driven by the significant presence of defense and aerospace industries in and around Lexington Park, which heavily rely on advanced analytical and operational research expertise.
Does experience significantly impact an Operations Research Analyst's salary in Lexington Park, MD?
Yes, experience plays a crucial role, with entry-level analysts earning less and senior analysts with specialized skills commanding higher salaries, reflecting a clear career progression path.
What is the significance of the Location Quotient for Operations Research Analysts in this area?
A Location Quotient of 7.65 signifies that Lexington Park has a much higher concentration of Operations Research Analysts relative to the national average, pointing to specialized local demand and a potentially robust job market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 380 employees in the Lexington Park, MD area with a job density of 5.348 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Operations Research Analysts • Data source: BLS OEWS 2024 •Jobs in Lexington Park, MD