Management analysts

Detailed Occupation

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2020 Workforce

805k

Average Age

44.3

Estimated Job Growth

10.7%

10-year projection

Average Salary

$103,274

Average Male Salary

$115,576

Average Female Salary

$87,382

About

Management analysts are most often employed by the Management, scientific & technical consulting services industry. The average yearly wage for Management analysts was $103,274 in 2016. The top 3 most similar occupations to Management analysts by wage are Geoscientists and hydrologists, except geographers, Other managers, and Veterinarians.

Management analysts are part of the Business & financial operations occupations, along with Agents & business managers of artists, performers, & athletes, Buyers & purchasing agents, farm products, Wholesale & retail buyers, except farm products, Purchasing agents, except wholesale, retail, & farm products, Claims adjusters, appraisers, examiners, & investigators, and 24 more.

The top 3 locations that employ the most Management analysts are District of Columbia (Central) PUMA, DC, Near North Side, Loop & Near South Side PUMA, IL, and Lake View & Lincoln Park PUMA, IL. The top 3 locations with a relatively high concentration of Management analysts are Arlington County (North) PUMA, VA, Near North Side, Loop & Near South Side PUMA, IL, and District of Columbia (Central) PUMA, DC.

Information on the businesses and industries that employ Management analysts and on wages and locations for those in the field. Management, scientific & technical consulting services is the industry that employs the most Management analysts, both by share and by number, though the highest paid industry for Management analysts, by average wage, is Support activities for agriculture & forestry. Management analysts are paid most in Orange & Hardin Counties PUMA, TX but are relatively concentrated in Arlington County (North) PUMA, VA.

Yearly Wage

$103,274

AVERAGE SALARY

± $2,616

In 2020, Management analysts earned an average of $103,274, $47,321 more than than the average national salary of $55,954.

Other managers make somewhat more than Management analysts while Geoscientists and hydrologists, except geographers make somewhat less. This chart shows the various occupations closest to Management analysts as measured by average annual salary in the US.

Wage Distribution

0.411

WAGE GINI

In 2015, Management analysts had a wage GINI coefficient of 0.411, which is lower than than the national average of 0.478. In other words, wages are distributed more evenly for Management analysts (shown in red) than for the overall labor force (shown in gray).

Wage by Location

HIGHEST PAYING PUMAS

This map shows the Public Use Microdata Areas (PUMAs) in the United States shaded by average annual wage for Management analysts.

Spatial Concentration

PUMAs with a Relatively High Concentration of Management analysts

This map displays which Public Use Microdata Areas (PUMAs) in the United States have a relatively high population of Management analysts.

Most Common

The most common industries employing Management analysts, by number of employees, are Management, scientific & technical consulting services, Computer Systems Design, Insurance carriers, Banking & related activities, Securities, commodities, funds, trusts & other financial investments, Car Dealers, Nondepository credit & related activities, General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals, Colleges, universities & professional schools, including junior colleges, National security & international affairs, and Executive offices & legislative bodies.

Highest Paying

The highest paying industries for Management analysts, by average wage, are Support activities for agriculture & forestry, Pharmaceutical & medicine manufacturing, and Rail transportation.

Industries by Share

805k

2020 Workforce

± 21,963

4.25%

1 YEAR GROWTH

± 3.74%

The number of people employed as Management analysts has been growing at a rate of 4.25%, from 771,842 people in 2019 to 804,668 people in 2020.

This graphic shows the share of Management analysts employed by various industries. Management, scientific & technical consulting services employs the largest share of Management analysts at 47.7%, followed by Computer Systems Design with 5.9% and Insurance carriers with 4.44%.

Diversity

Demographic information on Management analysts in the US. The average age of male Management analysts in the workforce is 44.9 and of female Management analysts is 43.6, and the most common race/ethnicity for Management analysts is White (Non-Hispanic).

Composition by Sex

454k

MALE WORKFORCE

± 16,510

351k

FEMALE WORKFORCE

± 14,530

56.4% of Management analysts are Male, making them the more common sex in the occupation. This chart shows the sex breakdown of Management analysts.

Race & Ethnicity

Most Common Race or Ethnicity of Management analysts

White (Non-Hispanic)
Asian (Non-Hispanic)
Black (Non-Hispanic)

70% of Management analysts are White (Non-Hispanic), making that the most common race or ethnicity in the occupation. Representing 11.3% of Management analysts, Asian (Non-Hispanic) is the second most common race or ethnicity in this occupation. This chart shows the racial and ethnic breakdown of Management analysts.

Age by Sex

44.9

AVERAGE MALE AGE

± 0.514

43.6

AVERAGE FEMALE AGE

± 0.533

The median age of Management analysts is 44.3, and Male employees are generally 1.27 years older than than their Female counterparts.

Education

Data on higher education choices for Management analysts from The Department of Education and Census Bureau. The most common major for Management analysts is Business but a relatively high number of Management analysts hold a major in MILITARY SCIENCE, LEADERSHIP AND OPERATIONAL ART.

Majors

ACS PUMS data only shows the major for bachelor's degrees. However, we can filter the data based on highest degree obtained.

MOST COMMON MAJORS

MOST SPECIALIZED MAJORS

Skills

Data on the critical and distinctive skills necessary for Management analysts from the Bureau of Labor Statistics. Management analysts need many skills, but most especially Reading Comprehension, Active Listening, and Critical Thinking. The revealed comparative advantage (RCA) shows that Management analysts need more than the average amount of Operations Analysis, Systems Evaluation, and Systems Analysis.

Radar Distribution

Bar Chart

Projections

Projections on job growth for Management Analysts from the Bureau of Labor Statistics. The 10-year national workforce is projected to grow 3.71%, but Management Analysts are expected to see a growth of 10.7% over the same period. This occupation is expected to grow more than the national average.

Job Growth

10.7%

Estimated Job Growth

10-year Projection

3.71%

National Growth

10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Management Analysts. This profession is expected to grow more than than 3.71%, the average rate of national job growth.