These Are The 10 States With The Highest Business Analyst Salaries For 2017

Chris Kolmar
by Chris Kolmar
Rankings, Salaries - 6 months ago
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Without fail, in surveys across basically every demographic, the number one most important aspect of a job for most people is the salary — how much do business analysts get paid where I live?

And while there are many things to go into how much you, specifically, can expect to make, there’s really good data for average salaries for business analysts by state across America broken down by seniority level. So while your city may be slightly different than the state average, these averages give you a rough sense of what to expect for your salary.

To better understand how salaries change across America, we decided to take a look the most recent data from the Bureau of Labor Statistics on average pay for business analysts by state.

Additionally, we wanted to adjust the salary based on the cost of living in a state — because your salary goes further in North Carolina than it does in California.

The state with the best salary for business analysts after this adjustment? That would be Computer Systems Analysts.

Here’s a quick snapshot of the top ten states for salaries:

  1. Texas
  2. Georgia
  3. Missouri
  4. Virginia
  5. North Carolina
  6. Michigan
  7. Illinois
  8. Ohio
  9. Delaware
  10. Colorado

Let’s take a look at how we got here and a full ranking of all the states.

If you’re interested, you can read more about the job scene here:

How we determined pay by state

As we mentioned earlier, we took the average annual salary data for business analysts from the 2016 Bureau of Labor Statistics — specifically their ‘Occupational Employment Statistics.’

To make the comparison of salaries apples to apples across states, we also took into account the cost of living in each state.

We then created an index by dividing the average wage for a state by the cost of living relative to average. As an example, the cost of living index in California is 135.9 and the average pay is $101440, so our index value would be:

$101,440 * (100 / 135.9) = $74,643

We then ranked every state on this criteria with the state with the highest salary index ranking as highest average salary for business analysts.

Here’s a look at the full ranking for all states.

For more reading, check out:

Detailed List Of Business Analyst Salaries By State

Rank State Adjusted Salary Average Wage Cost Of Living
1 Texas $103,208 $93,610 90.7
2 Georgia $100,995 $92,310 91.4
3 Missouri $99,557 $90,000 90.4
4 Virginia $97,688 $98,470 100.8
5 North Carolina $97,657 $91,700 93.9
6 Michigan $97,494 $86,770 89.0
7 Illinois $94,746 $89,630 94.6
8 Ohio $94,147 $88,310 93.8
9 Delaware $93,412 $94,720 101.4
10 Colorado $92,186 $95,690 103.8
11 Minnesota $91,210 $91,940 100.8
12 Arizona $91,071 $89,250 98.0
13 Oklahoma $89,495 $79,830 89.2
14 Washington $89,153 $93,790 105.2
15 Iowa $88,384 $80,430 91.0
16 Idaho $88,241 $81,270 92.1
17 Alabama $87,971 $80,230 91.2
18 Pennsylvania $87,869 $89,100 101.4
19 Utah $86,731 $80,660 93.0
20 Kansas $86,629 $77,880 89.9
21 Indiana $85,877 $76,860 89.5
22 Florida $84,262 $82,830 98.3
23 New Jersey $83,929 $102,310 121.9
24 Tennessee $83,668 $74,800 89.4
25 Nebraska $82,893 $75,930 91.6
26 Kentucky $82,254 $74,440 90.5
27 New Mexico $81,544 $78,690 96.5
28 Wisconsin $79,638 $77,090 96.8
29 North Dakota $78,772 $78,300 99.4
30 West Virginia $78,319 $73,150 93.4
31 South Carolina $77,741 $77,120 99.2
32 Mississippi $77,694 $66,740 85.9
33 Nevada $77,657 $80,220 103.3
34 Arkansas $77,611 $67,600 87.1
35 Rhode Island $77,464 $93,500 120.7
36 Maryland $76,406 $95,890 125.5
37 New Hampshire $75,880 $88,780 117.0
38 Wyoming $75,620 $69,420 91.8
39 Oregon $75,510 $87,290 115.6
40 Louisiana $75,432 $71,510 94.8
41 New York $74,877 $98,090 131.0
42 California $74,643 $101,440 135.9
43 Connecticut $74,205 $94,760 127.7
44 Maine $73,303 $81,220 110.8
45 Montana $71,875 $72,450 100.8
46 Massachusetts $70,457 $93,990 133.4
47 South Dakota $70,038 $72,630 103.7
48 Vermont $64,624 $78,260 121.1
49 Alaska $61,609 $80,770 131.1
50 Hawaii $46,658 $78,340 167.9

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