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Updated February 9, 2022
Average Analyst Salary
$76,000 yearly
To create our salary estimates, Zippia starts with data published in publicly available sources such as the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC) Show More
$36.57 hourly

Entry level Salary
$58,000 yearly
$58,000
10 %
$76,000
Median
$98,000
90 %
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What is an Analyst's Salary?

PercentileAnnual SalaryMonthly SalaryHourly Rate
90th Percentile$98,000$8,167$47
75th Percentile$87,000$7,250$42
Average$76,059$6,338$37
25th Percentile$66,000$5,500$32
10th Percentile$58,000$4,833$28

Average Analyst Salary By State

The darker areas on the map show where analysts earn the highest salaries across all 50 states.

  • State View
  • County View
Average Salary:

Analyst average salary by State

StateAvg. SalaryHourly RateJob Count
Alabama$72,529$34.871,267
Alaska$75,689$36.39340
Arizona$69,915$33.612,360
Arkansas$54,738$26.32747
California$80,951$38.9211,878
Colorado$74,716$35.922,604
Connecticut$78,431$37.711,185
Delaware$61,975$29.80661
District of Columbia$85,360$41.042,197
Florida$64,775$31.145,408
Georgia$74,761$35.943,540
Hawaii$66,966$32.20561
Idaho$62,531$30.06539
Illinois$73,757$35.464,979
Indiana$62,835$30.211,659
Iowa$67,500$32.45843
Kansas$62,388$29.99853
Kentucky$60,182$28.93973
Louisiana$65,070$31.28729
Maine$67,089$32.25400
Maryland$78,947$37.963,884
Massachusetts$79,118$38.044,054
Michigan$70,421$33.862,154
Minnesota$69,321$33.332,347
Mississippi$60,576$29.12456
Missouri$69,379$33.361,724
Montana$63,764$30.66399
Nebraska$63,318$30.44800
Nevada$62,906$30.24695
New Hampshire$70,113$33.71569
New Jersey$83,347$40.073,336
New Mexico$62,519$30.06577
New York$82,841$39.836,490
North Carolina$74,822$35.973,609
North Dakota$54,965$26.43313
Ohio$69,767$33.543,121
Oklahoma$68,338$32.85672
Oregon$75,432$36.271,712
Pennsylvania$69,690$33.504,016
Rhode Island$72,282$34.75587
South Carolina$67,524$32.461,046
South Dakota$59,574$28.64298
Tennessee$64,209$30.871,706
Texas$74,777$35.957,660
Utah$52,263$25.131,390
Vermont$76,301$36.68325
Virginia$75,526$36.316,892
Washington$80,951$38.922,574
West Virginia$60,117$28.90350
Wisconsin$68,138$32.761,720
Wyoming$60,937$29.30237

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Highest Paying Cities For Analyst

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CityAvg. SalaryHourly Rate
Washington, DC$85,376$41.05
Jersey City, NJ$83,330$40.06
San Francisco, CA$83,120$39.96
New York, NY$83,006$39.91
Seattle, WA$81,661$39.26
Boston, MA$79,095$38.03

And if you’re looking for a high-paying job, here are jobs in the top places hiring now:

  1. Analyst Jobs In Washington, DC
  2. Analyst Jobs In Jersey City, NJ
  3. Analyst Jobs In San Francisco, CA
  4. Analyst Jobs In New York, NY
  5. Analyst Jobs In Seattle, WA

How much does an Analyst make?

  • The average Analyst makes $76,059 in the United States.
  • The average hourly pay for an Analyst is $36.57.
  • The average entry-level Analyst salary is $58,000.
  • Highest paying states for Analyst are New Jersey ($83,347), New York ($82,841), California ($83,347) and Washington ($83,347).
  • Highest paying cities for Analyst are New York, NY ($85,376), Jersey City, NJ, San Francisco, CA, New York, NY and Seattle, WA.
  • Analysts on the lower end of that spectrum, the bottom 10% to be exact, make roughly $58,000 a year, while the top 10% makes $98,000.
  • The best-paid 25% made $87,000 that year, while the lowest-paid 25$ made $66,000
  • Industries with the highest Analyst salaries are Finance, Technology and Professional.

Average Analyst Salary Over Time

Compare salaries for individual cities or states with the national average.

    Analyst Salary By Year

    YearAvg. SalaryHourly Rate% Change
    2022$76,100$36.57+2.7%
    2021$74,000$35.57+1.9%
    2020$72,500$34.88+1.4%
    2019$71,500$34.39+1.4%
    2018$70,600$33.93+0.0%

    How Much Do Analysts Make In Different Industries?

    As we previously stated, Analyst salaries can vary depending on the industry. In fact, our data shows that Finance, Technology, and Professional companies tend to offer much higher salaries for Analysts. For example, Analysts make a whopping average salary of $78,140 while working for Finance companies. Meanwhile, other people in this field are making $77,413 at Technology companies and $76,786 at Professional companies. But Analysts may want to avoid working in the Government industry as it offers the lowest average salary at $70,041.

    Highest Paying Industries For Analysts

    RankIndustryAverage Analyst SalaryAnalyst Salary Range
    1Finance
    $78,140
    $57k
    $91k
    2Technology
    $77,413
    $57k
    $91k
    3Professional
    $76,786
    $57k
    $91k
    4Telecommunication
    $76,572
    $57k
    $91k
    5Manufacturing
    $76,490
    $57k
    $91k
    6Government
    $70,041
    $57k
    $91k

    High Paying Analyst Jobs

    Average JOB Salary by Field

    Analyst Salary
    The job of a data research analyst focuses on the interpretation of research results. The results data research analysts gather is turned into information offering ways for business improvement. They collect data information from different sources then interpret their patterns and trends. These professionals prepare investigative reports on assets and securities for a client or in-house use. They need to develop skills in a good organization, excellent communication, attention to detail, and accuracy.
    Business Development Analyst

    Avg. salary: $65,076

    A business development analyst's role is to perform research and analysis on the different operations and procedures in a company to ensure efficiency and profit growth. They are also responsible for devising strategies and improvements for optimal performance, monitoring the sales and customer feedback, identifying opportunities from the marketing trends, and building positive relationships with customers. They must also perform clerical tasks such as producing progress reports and presentations, maintaining data, and monitoring schedules. Furthermore, as a business development analyst, it is essential to adhere to the company's policies and regulations, including its vision, mission, and goals.
    Program Management Analyst

    Avg. salary: $83,001

    The job of a program management analyst involves optimizing business operations and analyzing organizational processes to increase productivity and maximize efficiency and profits. Program management analysts help track every company's schedule, budget, and delivery of goods and/or services. They prepare reports of the status of management projects. It is part of their job to determine business operations and opportunities. The analysts must develop skills in understanding long-term employer goals, management skills, and analytical skills.
    Corporate Finance Analyst

    Avg. salary: $79,699

    Corporate finance analysts make significant business decisions based on the data they gather. Typically, corporate finance analysts work within an organization and support management decisions through actionable financial information. They monitor the taxes, expenses, financial statements, and other financial details of where the company sources its income. This position requires a formal qualification in accounting. It also necessitates the analyst to develop interpersonal skills, knowledge in information technology software, financial reporting skills, and experience in management.
    Business Process Analyst

    Avg. salary: $87,609

    The business process analysts are responsible for producing, managing, and enhancing business processes to improve business performance using data. They gather, analyze, and transcribe information about internal processes to obtain a comprehensive picture of the company's internal workings. Their responsibilities include developing strategies, identifying the needs of the user, and communicating compound data in a comprehensible way. Also, they identify, implement, and assess business metrics that are essential to the end-users. Additionally, they may act as consultants to project teams providing them with recommendations for product or service improvement.
    Client Services Analyst

    Avg. salary: $63,882

    A client service analyst examines a customer service department's operation and gives directions on ways to enhance productivity and customer satisfaction levels. Customer service analysts can create strategies and techniques to improve the service department's effectiveness by using data, which includes customer satisfaction reports, complaint logs, and surveys. They are part of the customer service department, which can directly with customers helping to resolve issues and customer dissatisfaction. Their duties include gathering data and perform research, developing strategies, training employees in new processes and strategies.
    Data Research Analyst

    Avg. salary: $62,195

    The job of a data research analyst focuses on the interpretation of research results. The results data research analysts gather is turned into information offering ways for business improvement. They collect data information from different sources then interpret their patterns and trends. These professionals prepare investigative reports on assets and securities for a client or in-house use. They need to develop skills in a good organization, excellent communication, attention to detail, and accuracy.

    Average Salary By Related Field

    Job TitleAnnual SalaryMonthly SalaryHourly RateJob Openings
    Business Development Analyst$65,076$5,423$31.29229,265
    Program Management Analyst$83,002$6,917$39.90227,529
    Corporate Finance Analyst$79,700$6,642$38.32133,653
    Business Process Analyst$87,610$7,301$42.12194,640
    Client Services Analyst$63,882$5,324$30.71115,865
    Data Research Analyst$62,195$5,183$29.90152,963
    Job Openings

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    Analyst Jobs You Might Like

    And if you're looking for a job, here are the five top employers hiring now:

    1. Verizon Communications Jobs (187)
    2. Citigroup Jobs (641)
    3. Virtusa Jobs (241)
    4. Morgan Stanley Jobs (1,640)
    5. Analysis Group Jobs (313)

    Analyst Salaries By Years Of Experience

    The salary for an Analyst can vary depending on the years of experience that a person has, from entry level to senior level. Data on how experience level affects total compensation is provided by the Bureau of Labor Statistics (BLS) as part of their National Compensation Survey, which is based on factors such as knowledge, complexity, contacts, and environment.

    Analyst Salary By Experience Level

    Experience LevelAvg. SalaryHourly Rate
    Entry Level$40,400$19.41
    Mid Level$63,800$30.69
    Senior Level$107,000$51.34

    Which Companies Pay Analysts The Most?

    If you want to get paid the most as an Analyst, being employed by a company such as Portland General Electric or Lyft would be a smart choice, as they are the highest paying companies in this field. Additionally, companies like Square and Gap also report highly competitive salaries for Analysts.

    Highest Paying Companies For Analysts

    RankCompanyZippia ScoreAverage Analyst SalaryAverage Salary
    1$118,774
    2$110,907
    3$109,105
    4$106,251
    5$105,304
    6$104,641

    And if you're looking for a job, here are the five top employers hiring now:

    1. Verizon Communications Jobs (187)
    2. Citigroup Jobs (641)
    3. Virtusa Jobs (241)
    4. Morgan Stanley Jobs (1,640)
    5. Analysis Group Jobs (313)

    How much should you get paid?

    Tell us about yourself to get a free, personalized Zippia Salary Report and suggestions on how to increase your pay.

    Recently Added Analyst Salaries

    CompanyJobLocationDate AddedSalary
    Retirement Education Spec In St. Louis, MissouriUnderwriting Analyst-Direct Lending (Targeting Summer of 2022)New York, NY01/31/2022$81,700
    Stinger Ghaffarian TechnologiesElectronic Warfare (EW) Counterspace AnalystColorado Springs, CO01/30/2022$95,000
    FlexentialIncident Response Analyst (Night Shift)Aurora, CO01/29/2022$45,079
    Westfield Group, InsuranceSurety Analyst/Underwriter Trainee, OpportunityMaumee, OH01/29/2022$49,411
    Northrop GrummanAssoc Intl TRD Cmplnce AnalystLinthicum, MD01/29/2022$53,800
    Tallgrass Energy Partners, LPAnalyst-MeasurementLakewood, CO01/29/2022$55,000
    Sun Life FinancialRFP AnalystScarborough, ME01/29/2022$57,100
    Westfield Group, InsuranceSurety Analyst/Underwriter Trainee, OpportunityAlpharetta, GA01/29/2022$49,411
    City of Austin, TxAirport Scada-Bhs-AnalystAustin, TX01/29/2022$58,749
    Colorado State UniversityEngagement AnalystFort Collins, CO01/28/2022$50,000

    Average Analyst Salary by Demographic

    Analyst Gender Pay Gap

    male-income
    Male Income
    $75,809
    female-income
    Female Income
    $73,290
    GenderIncome
    Male$75,809
    Female$73,290
    Median Analyst Income by Race
    Asian Analysts have the highest average salary compared to other ethnicities. Hispanic or Latino Analysts have the lowest average salary at $72,743.
    $80,000
    $64,000
    $48,000
    $32,000
    $16,000
    $0
    White
    Black or African American
    Asian
    Hispanic or Latino

    Analyst Income by Race

    EthnicitySalary
    White$75,325
    Black or African American$73,240
    Asian$78,128
    Hispanic or Latino$72,743
    Average Analyst Salary by Education Level
    Analysts with a Doctorate degree earn more than those without, at $86,674 annually. With a Masters degree, Analysts earn a median annual income of $82,338 compared to $75,809 for Analysts with an Bachelors degree.
    $90,000
    $72,000
    $54,000
    $36,000
    $18,000
    $0
    Master's Degree
    Bachelor's Degree
    Doctorate Degree

    Analyst Salary by Education Level

    EducationSalary
    Master's Degree$82,338
    Bachelor's Degree$75,809
    Doctorate Degree$86,674

    Analyst Salaries FAQs

    What is a good starting salary for an Analyst?

    A good starting salary for an analyst is $58,000 in the United States. That puts you in the 10th percentile of annual income for an analyst in the U.S., which is about what you would expect if you were new to the field. The average salary for analysts is $76,059, but that normally requires some level of experience to achieve. Furthermore, a good starting salary for an analyst can vary by state.

    Do analysts make good money?

    Yes, analysts make good money. The national average salary for an Analyst is $72,821 per year. The number of years of experience and the type of analyst (e.g., business, data, finance) impacts how much you can earn as an analyst.

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