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The differences between anchors and correspondents can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both an anchor and a correspondent. Additionally, a correspondent has an average salary of $82,217, which is higher than the $70,715 average annual salary of an anchor.
The top three skills for an anchor include news stories, story development and facebook. The most important skills for a correspondent are news stories, news coverage, and feature stories.
| Anchor | Correspondent | |
| Yearly salary | $70,715 | $82,217 |
| Hourly rate | $34.00 | $39.53 |
| Growth rate | -10% | -10% |
| Number of jobs | 2,986 | 2,835 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 74% |
| Average age | 40 | 40 |
| Years of experience | 2 | 2 |
A news anchor is a journalist who informs the public through reports of events and news stories. News anchors educate the public about the world, local, and national events. They interact with the reporters while they are in the air. Their job includes gathering, verifying, and analyzing data from different sources. They produce news and coordinate reports. Skills necessary for this job include verbal communication, the ability to improvise, collaboration, and reading comprehension.
A Correspondent is the backbone of every news agency today. It is through the correspondent experts write the news of a particular topic. Through Correspondents, a news agency can get an in-depth report of happenings and events which may not be possible through ordinary reporters. Correspondents are expected to have versatility and command on a particular topic. They are resourceful in finding newsworthy articles and getting the necessary interviews and data for a well-balanced informative report.
Anchors and correspondents have different pay scales, as shown below.
| Anchor | Correspondent | |
| Average salary | $70,715 | $82,217 |
| Salary range | Between $41,000 And $119,000 | Between $50,000 And $134,000 |
| Highest paying City | New York, NY | Washington, DC |
| Highest paying state | New York | New Jersey |
| Best paying company | The Walt Disney Company | American Broadcasting Company |
| Best paying industry | - | Media |
There are a few differences between an anchor and a correspondent in terms of educational background:
| Anchor | Correspondent | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 74% |
| Most common major | Journalism | Journalism |
| Most common college | Massachusetts Institute of Technology | Northwestern University |
Here are the differences between anchors' and correspondents' demographics:
| Anchor | Correspondent | |
| Average age | 40 | 40 |
| Gender ratio | Male, 55.9% Female, 44.1% | Male, 45.0% Female, 55.0% |
| Race ratio | Black or African American, 6.3% Unknown, 4.4% Hispanic or Latino, 12.3% Asian, 9.5% White, 67.2% American Indian and Alaska Native, 0.3% | Black or African American, 6.4% Unknown, 4.4% Hispanic or Latino, 12.7% Asian, 9.7% White, 66.5% American Indian and Alaska Native, 0.3% |
| LGBT Percentage | 10% | 10% |