Business & Finance

How much does a management analyst make?

The median management analyst in the United States earns $101,190 per year, about $48.65 an hour. That is the midpoint of the profession: half of all management analysts earn more, and half earn less.

Median annual salary
$101,190
Median hourly wage
$48.65 /hr
Employed in the U.S.
893,900

Source: BLS OEWS, May 2024. SOC code 13-1111.

Management analyst salary range

Pay for management analysts spans a wide band. The lowest paid 10 percent earn under $59,720 a year, while the highest paid 10 percent take home more than $174,140. The average (mean) wage of $114,710 runs a bit higher than the median, which is normal for jobs where a group of top earners pulls the average up.

Percentile Annual Hourly
10th percentile $59,720 $28.71 Lowest paid
25th percentile $76,770 $36.91
Median (50th) $101,190 $48.65 Midpoint
75th percentile $133,140 $64.01
90th percentile $174,140 $83.72 Highest paid

Figures are national wage estimates for management analysts (SOC 13-1111), U.S. Bureau of Labor Statistics, OEWS, May 2024.

Management analyst salary by state

Where you work changes the paycheck. Management analysts earn the most in Massachusetts at $131,840 a year, and the least in Mississippi at $70,010. The table below lists every state with published data, ranked by median annual salary.

State Median annual Employed
Massachusetts $131,840 30,100
District of Columbia $125,500 20,330
Maryland $121,890 21,010
Washington $118,730 24,900
Vermont $115,840 970
Illinois $110,370 44,010
Virginia $109,650 64,710
New York $106,930 65,390
New Jersey $105,100 21,490
Colorado $104,990 14,940
Alaska $104,770 420
Wyoming $103,820 440
New Hampshire $103,810 2,810
Connecticut $103,740 8,570
Alabama $102,480 4,980
California $102,110 136,200
Oregon $100,840 11,590
Wisconsin $100,310 12,430
North Carolina $98,700 21,750
Louisiana $98,680 4,420
Texas $98,650 49,950
Tennessee $97,410 12,750
Delaware $97,030 4,030
Minnesota $95,980 21,530
Missouri $95,830 11,350
West Virginia $94,060 1,560
Pennsylvania $94,050 23,450
Hawaii $93,660 2,600
Nevada $93,320 5,360
Michigan $90,620 14,290
Indiana $89,990 10,880
Arizona $89,520 18,110
Rhode Island $89,130 2,980
South Carolina $87,050 10,600
Oklahoma $86,940 4,630
Montana $85,760 1,580
Kentucky $85,290 4,190
New Mexico $84,870 3,440
Florida $83,130 74,030
Nebraska $82,440 2,650
Iowa $82,230 4,980
Idaho $81,590 2,740
Ohio $81,590 26,990
Kansas $81,130 5,670
Maine $80,210 2,410
South Dakota $79,660 3,180
North Dakota $73,080 1,080
Arkansas $72,550 4,530
Mississippi $70,010 3,260

State median wages for management analysts (SOC 13-1111), U.S. Bureau of Labor Statistics, OEWS state files, May 2024. States where the BLS does not publish a median are not shown.

Job outlook for management analysts

The BLS projects employment of management analysts to grow 10.1% from 2025 to 2035. That is faster than the 3.5% average for all occupations. That works out to roughly 1,077,100 jobs in 2025 moving toward 1,186,300 by 2035.

Across the decade, the BLS expects about 94,100 openings a year for management analysts. Most come from the need to replace workers who move to other jobs or leave the workforce, on top of any new positions from growth.

Source: U.S. Bureau of Labor Statistics, Employment Projections program, 2025-35 (Table 1.2, Occupational projections and worker characteristics).

How to become a management analyst

The typical entry-level education for management analysts is a bachelor's degree, according to the BLS. Most roles also expect less than 5 years of work experience in a related occupation.

Education, training, and experience data: U.S. Bureau of Labor Statistics, Employment Projections program.

What affects how much a management analyst earns

Firm size, industry, certifications, and years of experience drive the spread. Large firms and major financial centers pay well above small-town or entry-level roles.

Location is one of the clearest factors. The gap between the top paying state (Massachusetts, $131,840) and the lowest (Mississippi, $70,010) shows how much geography alone can move the number, before experience or specialization.

About 893,900 people work as management analysts in the United States. At $101,190 a year, the job pays above the $49,500 median for all U.S. jobs.

Management analyst salary FAQ

How much does a management analyst make an hour?

The median hourly wage for a management analyst is $48.65. The middle half of management analysts earn between $36.91 and $64.01 per hour.

What is the highest management analyst salary?

The highest paid 10 percent of management analysts earn more than $174,140 per year. Top earners usually have the most experience and work in the best paying regions and industries.

How much does a management analyst make a year?

The median annual salary for a management analyst is $101,190. The average (mean) wage of $114,710 runs a bit higher than the median, which is normal for jobs where a group of top earners pulls the average up.

Is being a management analyst a well paid job?

At $101,190 a year, a management analyst earns above the $49,500 median for all U.S. jobs. About 893,900 people work as management analysts in the United States.

Which state pays management analysts the most?

Massachusetts has the highest median salary for management analysts at $131,840 a year. District of Columbia ($125,500) and Maryland ($121,890) follow. State medians come from the BLS OEWS state files, May 2024.

Is being a management analyst a good career?

Employment of management analysts is projected to grow 10.1% from 2025 to 2035, faster than the 3.5% average for all occupations. The BLS projects about 94,100 openings each year, from growth and from workers leaving the occupation.

Do you need a degree to become a management analyst?

The BLS lists the typical entry-level education for management analysts as a bachelor's degree, so a college degree is usually expected.

Related salaries

See more in Business & Finance salaries or browse the highest paying jobs in the U.S.

Sources. National and state wage and employment figures: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2024 and the OEWS state files. Growth, openings, education, and training: U.S. Bureau of Labor Statistics, Employment Projections program (2025–2035). Every figure on this page is published by the BLS and is shown without adjustment. View the originals at bls.gov/oes and bls.gov/emp. Last updated 2025-04-02.