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Working as an Allocation Analyst

There is more than meets the eye when it comes to being an allocation analyst. For example, did you know that they make an average of $34.81 an hour? That's $72,404 a year!

Between 2018 and 2028, the career is expected to grow 20% and produce 139,200 job opportunities across the U.S.

What Does an Allocation Analyst Do

There are certain skills that many allocation analysts have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, communication skills and detail oriented.

When it comes to the most important skills required to be an allocation analyst, we found that a lot of resumes listed 14.4% of allocation analysts included sales goals, while 8.0% of resumes included inventory levels, and 7.6% of resumes included store management. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the allocation analyst job title. But what industry to start with? Most allocation analysts actually find jobs in the retail and finance industries.

How To Become an Allocation Analyst

If you're interested in becoming an allocation analyst, one of the first things to consider is how much education you need. We've determined that 68.5% of allocation analysts have a bachelor's degree. In terms of higher education levels, we found that 14.9% of allocation analysts have master's degrees. Even though most allocation analysts have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become an allocation analyst. When we researched the most common majors for an allocation analyst, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on allocation analyst resumes include associate degree degrees or high school diploma degrees.

You may find that experience in other jobs will help you become an allocation analyst. In fact, many allocation analyst jobs require experience in a role such as assistant buyer. Meanwhile, many allocation analysts also have previous career experience in roles such as internship or sales associate.

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Average Salary$72,404
Job Growth Rate20%

Allocation Analyst Career Paths

Top Careers Before Allocation Analyst

Top Careers After Allocation Analyst

Buyer
10.7 %

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Tell us your goals and we'll match you with the rights job to get there.

Average Salary for an Allocation Analyst

Allocation Analysts in America make an average salary of $72,404 per year or $35 per hour. The top 10 percent makes over $96,000 per year, while the bottom 10 percent under $54,000 per year.
Average Salary
$72,404

Best Paying Cities

City
Average Salary
Houston, TX
Salary Range73k - 125k$96k$95,753
Boston, MA
Salary Range75k - 120k$95k$95,101
San Francisco, CA
Salary Range63k - 103k$81k$80,912
Baltimore, MD
Salary Range62k - 102k$80k$79,989
Cleveland, OH
Salary Range55k - 90k$71k$71,056
Hoffman Estates, IL
Salary Range52k - 84k$67k$66,740
$44k
$125k

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Allocation Analyst
Allocation Analyst
Crocs
Crocs
01/12/2021
01/12/2021
$71,50001/12/2021
$71,500
Crew Allocation Analyst and Trainer
Crew Allocation Analyst and Trainer
CHC Helicopter Support Services (Us) Inc.
CHC Helicopter Support Services (Us) Inc.
05/21/2019
05/21/2019
$63,16505/21/2019
$63,165
Allocation Analyst
Allocation Analyst
Randstad
Randstad
05/21/2019
05/21/2019
$60,52305/21/2019
$60,523
Crew Allocation Analyst and Trainer
Crew Allocation Analyst and Trainer
CHC Helicopter Support Services (Us) Inc.
CHC Helicopter Support Services (Us) Inc.
05/13/2019
05/13/2019
$63,16505/13/2019
$63,165
Allocation Analyst
Allocation Analyst
Lane Bryant, Inc.
Lane Bryant, Inc.
03/11/2019
03/11/2019
$58,26103/11/2019
$58,261
See More Recent Salaries

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Allocation Analyst Demographics

Gender

female

67.0 %

male

29.2 %

unknown

3.8 %

Ethnicity

White

69.6 %

Hispanic or Latino

11.6 %

Asian

9.8 %

Foreign Languages Spoken

Spanish

37.5 %

Mandarin

8.3 %

Russian

8.3 %
See More Demographics

Allocation Analyst Education

Degrees

Bachelors

68.5 %

Masters

14.9 %

Associate

7.8 %

Top Colleges for Allocation Analysts

1. University of Georgia

Athens, GA • Public

In-State Tuition
$11,830
Enrollment
29,474

2. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

3. University of Wisconsin - Madison

Madison, WI • Public

In-State Tuition
$10,555
Enrollment
30,360

4. University of Maryland - College Park

College Park, MD • Public

In-State Tuition
$10,595
Enrollment
30,184

5. Ball State University

Muncie, IN • Public

In-State Tuition
$9,896
Enrollment
15,529

6. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

7. University of Minnesota - Twin Cities

Minneapolis, MN • Public

In-State Tuition
$14,760
Enrollment
31,451

8. University of Nebraska - Lincoln

Lincoln, NE • Public

In-State Tuition
$9,242
Enrollment
20,592

9. Stanford University

Stanford, CA • Private

In-State Tuition
$51,354
Enrollment
7,083

10. Purdue University

West Lafayette, IN • Public

In-State Tuition
$9,992
Enrollment
33,495
See More Education Info
Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For an Allocation Analyst

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 14.4% of allocation analysts listed sales goals on their resume, but soft skills such as analytical skills and communication skills are important as well.

Best States For an Allocation Analyst

Some places are better than others when it comes to starting a career as an allocation analyst. The best states for people in this position are Washington, Texas, Massachusetts, and Delaware. Allocation analysts make the most in Washington with an average salary of $100,475. Whereas in Texas and Massachusetts, they would average $95,330 and $94,949, respectively. While allocation analysts would only make an average of $94,189 in Delaware, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Delaware

Total Allocation Analyst Jobs:
47
Highest 10% Earn:
$148,000
Location Quotient:
1.75
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Massachusetts

Total Allocation Analyst Jobs:
337
Highest 10% Earn:
$147,000
Location Quotient:
1.23
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Texas

Total Allocation Analyst Jobs:
645
Highest 10% Earn:
$155,000
Location Quotient:
0.99
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
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Top Allocation Analyst Employers

1. The TJX Companies
4.6
Avg. Salary: 
$72,815
Allocation Analysts Hired: 
190+
2. Stage Stores
4.3
Avg. Salary: 
$73,020
Allocation Analysts Hired: 
28+
3. Toys R Us
4.7
Avg. Salary: 
$81,387
Allocation Analysts Hired: 
18+
4. Cabela's
4.3
Avg. Salary: 
$68,626
Allocation Analysts Hired: 
17+
5. Cato
4.0
Avg. Salary: 
$72,265
Allocation Analysts Hired: 
16+
6. Talbots
4.5
Avg. Salary: 
$72,476
Allocation Analysts Hired: 
12+
Updated October 2, 2020