Average Operations Research Analysts Salary in Providence-Warwick, RI-MA
Operations Research Analysts in the Providence-Warwick, RI-MA area earn an impressive average annual salary of $102,750. This figure slightly surpasses the national average of $99,860, indicating a localized demand that slightly outpaces national compensation trends. Factors such as the specific industry mix and the concentration of analytical roles within the region likely contribute to this favorable pay.
Executive Summary
- Average Salary: $102,750 per year.
- Growth Trend: Salaries have shifted 14.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $199,990.
- Outlook: With a local workforce of 340 Operations Research Analysts, the Providence-Warwick area demonstrates a stable, albeit not exceptionally concentrated, presence of these professionals. The Location Quotient of 0.69 suggests that while the role is present, it is not a dominant industry hub compared to national averages. Nonetheless, the existence of nearly half a job per thousand workers (0.481) points to consistent, ongoing demand for analytical expertise within the region's economy.
Salary Overview
The average Operations Research Analysts in Providence-Warwick, RI-MA earns+2.9%above the national average.
$49.4
$1,976
$8,563
Operations Research Analysts Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Operations Research Analysts in Providence-Warwick have experienced steady growth over the past four years, mirroring national trends. Economic shifts and increasing reliance on data-driven decision-making typically drive up demand and, consequently, compensation for skilled analytical professionals.
Operations Research Analysts Salary Distribution in Providence-Warwick, RI-MA
The career trajectory for Operations Research Analysts typically involves significant salary increases with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with advanced degrees and a proven track record can command salaries well into the upper percentiles. The widening gap between entry-level and senior roles signifies substantial career progression and earning potential within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $59,500 | $28.6 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $77,063 | $37 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $80,760 | $38.8 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $128,438 | $61.7 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $199,990 | $96.1 |
Detailed Operations Research Analysts Market Analysis
Relocation Context
Nominal Salary
$102,750
Gross Pay
Real Wage (Purchasing Power)
$102,750
Adjusted for COL (100)
The average annual salary of $102,750 in Providence-Warwick aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of an Operations Research Analyst's salary in this region is equivalent to the national average, offering a stable financial environment for residents without the added pressure of significantly higher or lower living expenses.
Job Market Context
340
Total Jobs
0.481
Per 1K Jobs
0.69
Location Quotient
Providence-Warwick, RI-MA has 0.69x the national average concentration of Operations Research Analysts jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.69 indicates that Operations Research Analysts are less concentrated in Providence-Warwick compared to the national average. This suggests that while the job market is active and offers opportunities, it is not saturated. Professionals seeking roles in this area may find a competitive but manageable landscape, with a steady demand for their specialized skills.
Nearby Job Markets
Nearby Cities for Operations Research Analysts
| City | Salary | Dist. |
|---|---|---|
| Worcester, MA Operations Research Analysts Salary | $88,750↓ 14% | 37 mi |
| Boston-Cambridge-Newton, MA-NH Operations Research Analysts Salary | $100,520↓ 2% | 38 mi |
| Norwich-New London-Willimantic, CT Operations Research Analysts Salary | $97,740↓ 5% | 39 mi |
Comparing salaries near Providence-Warwick, RI-MA
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Frequently Asked Questions
How much does a Operations Research Analysts make in Providence-Warwick, RI-MA?
The median annual salary for a Operations Research Analysts in Providence-Warwick, RI-MA is $102,750. This typically ranges from $59,500 for entry-level positions to $199,990 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Providence-Warwick, RI-MA is 2.9% higher than the national median of $99,860.
Is Providence-Warwick, RI-MA a lucrative place for Operations Research Analysts?
Yes, it is a lucrative place for Operations Research Analysts.The average salary of $102,750 slightly exceeds the national average, and the cost of living is exactly at the national average, allowing for strong purchasing power.
Is Providence-Warwick, RI-MA a good place to live for Operations Research Analysts?
The Cost of Living Index in Providence-Warwick, RI-MA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Providence-Warwick, RI-MA?
Some top paying nearby cities include Worcester, MA ($88,750) and Boston-Cambridge-Newton, MA-NH.
How does the Providence-Warwick salary compare to the national average?
The average salary for Operations Research Analysts in Providence-Warwick is $102,750, which is slightly higher than the national average of $99,860.
What is the cost of living in Providence-Warwick like for an Operations Research Analyst?
The cost of living in Providence-Warwick is at the national average (index of 100), meaning your salary of $102,750 has the same purchasing power as the national average salary.
Is there high demand for Operations Research Analysts in Providence-Warwick?
While not a highly concentrated market (LQ of 0.69), the presence of 0.481 jobs per 1,000 workers indicates consistent demand for these analytical roles.
What does the Location Quotient of 0.69 mean for job seekers?
A Location Quotient below 1.0 signifies that Operations Research Analysts are less prevalent in Providence-Warwick compared to the national average, suggesting a less saturated but still active 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 340 employees in the Providence-Warwick, RI-MA area with a job density of 0.481 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 Providence-Warwick, RI-MA