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The average salary for a Business Analyst Associate stands at $68,806 annually as of October 2025. This figure reflects a consistent demand for skilled analysts capable of interpreting data to drive business decisions. Salaries are influenced by experience, specialization, and regional factors.
Entry-level positions typically start lower, around $55,000, while those with several years of experience can earn upwards of $85,000. Professionals with advanced skills in data analysis software and project management often command higher salaries.
Geographic location significantly impacts salary levels. Major cities, such as San Francisco and New York, offer some of the highest compensation packages due to the cost of living and demand for expertise. States like California, New York, and Massachusetts consistently rank among the highest paying for this role.
For those looking to grow within their careers, pursuing certifications in business analysis or related fields can enhance job prospects and salary potential. Continuous learning and networking are vital for career advancement in this dynamic field.
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The average business analyst associate salary in New Jersey, New York, and Washington are the highest in the U.S. The lowest average business analyst associate salary states are Montana, Hawaii, and Arkansas.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | District of Columbia | $87,231 | $41.94 |
| 2 | New York | $90,837 | $43.67 |
| 3 | New Jersey | $93,747 | $45.07 |
| 4 | Massachusetts | $79,075 | $38.02 |
| 5 | Maryland | $78,968 | $37.97 |
| 6 | Delaware | $73,240 | $35.21 |
| 7 | Virginia | $72,777 | $34.99 |
| 8 | Pennsylvania | $68,953 | $33.15 |
| 9 | North Carolina | $71,325 | $34.29 |
| 10 | Connecticut | $76,182 | $36.63 |
| 11 | Alabama | $68,351 | $32.86 |
| 12 | Washington | $79,271 | $38.11 |
| 13 | Rhode Island | $73,132 | $35.16 |
| 14 | Michigan | $66,377 | $31.91 |
| 15 | New Hampshire | $75,095 | $36.10 |
| 16 | Colorado | $70,444 | $33.87 |
| 17 | Ohio | $64,915 | $31.21 |
| 18 | South Dakota | $64,825 | $31.17 |
| 19 | Illinois | $69,493 | $33.41 |
| 20 | Oregon | $69,486 | $33.41 |
| 21 | Wisconsin | $64,450 | $30.99 |
| 22 | Maine | $68,985 | $33.17 |
| 23 | Alaska | $63,204 | $30.39 |
| 24 | Texas | $67,121 | $32.27 |
| 25 | Missouri | $64,073 | $30.80 |
| 26 | Georgia | $67,236 | $32.33 |
| 27 | Arizona | $64,792 | $31.15 |
| 28 | Tennessee | $61,555 | $29.59 |
| 29 | Iowa | $60,618 | $29.14 |
| 30 | Kentucky | $60,186 | $28.94 |
| 31 | Minnesota | $64,736 | $31.12 |
| 32 | Wyoming | $62,444 | $30.02 |
| 33 | California | $66,028 | $31.74 |
| 34 | South Carolina | $63,225 | $30.40 |
| 35 | Kansas | $57,100 | $27.45 |
| 36 | Vermont | $62,767 | $30.18 |
| 37 | Indiana | $59,213 | $28.47 |
| 38 | Oklahoma | $61,600 | $29.62 |
| 39 | Louisiana | $60,649 | $29.16 |
| 40 | Nebraska | $56,433 | $27.13 |
| 41 | Montana | $55,889 | $26.87 |
| 42 | West Virginia | $58,597 | $28.17 |
| 43 | Arkansas | $53,635 | $25.79 |
| 44 | New Mexico | $58,707 | $28.22 |
| 45 | Utah | $53,586 | $25.76 |
| 46 | Hawaii | $54,586 | $26.24 |
| 47 | Florida | $59,536 | $28.62 |
| 48 | Nevada | $51,378 | $24.70 |
| 49 | Mississippi | $56,109 | $26.98 |
| 50 | Idaho | $57,543 | $27.66 |
| 51 | North Dakota | $52,056 | $25.03 |
The highest-paying cities for business analyst associates are Jersey City, NJ, Harrison, NY, and Washington, DC.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Jersey City, NJ | $93,918 | $45.15 |
| 2 | Harrison, NY | $91,177 | $43.84 |
| 3 | Washington, DC | $87,334 | $41.99 |
| 4 | Seattle, WA | $79,274 | $38.11 |
| 5 | Boston, MA | $79,132 | $38.04 |
| 6 | Hartford, CT | $76,250 | $36.66 |
| 7 | McLean, VA | $73,550 | $35.36 |
| 8 | Wilmington, DE | $73,305 | $35.24 |
| 9 | Raleigh, NC | $71,547 | $34.40 |
| 10 | Englewood, CO | $70,428 | $33.86 |
| 11 | Chicago, IL | $69,588 | $33.46 |
| 12 | San Francisco, CA | $69,404 | $33.37 |
| 13 | Austin, TX | $67,315 | $32.36 |
| 14 | Alpharetta, GA | $67,279 | $32.35 |
| 15 | Phoenix, AZ | $64,845 | $31.18 |
| 16 | Columbus, OH | $64,813 | $31.16 |
| 17 | Minneapolis, MN | $64,758 | $31.13 |
| 18 | Kansas City, MO | $63,810 | $30.68 |
| 19 | Jacksonville, FL | $61,105 | $29.38 |
| 20 | Salt Lake City, UT | $53,525 | $25.73 |
A business analyst associate's salary ranges from $53,000 a year at the 10th percentile to $89,000 at the 90th percentile.

| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $89,000 | $7,417 | $43 |
| 75th Percentile | $78,000 | $6,500 | $38 |
| Average | $68,806 | $5,734 | $33 |
| 25th Percentile | $60,000 | $5,000 | $29 |
| 10th Percentile | $53,000 | $4,417 | $25 |
The highest paying types of business analyst associates are lead business analyst, staff analyst, and business analyst-consultant.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Program Analyst | $75,039 | $6,253 | $36.08 | 156,716 |
| Staff Analyst | $99,158 | $8,263 | $47.67 | 174,178 |
| Data Analyst | $74,342 | $6,195 | $35.74 | 167,520 |
| Analyst | $73,007 | $6,084 | $35.10 | 253,138 |
| Product Analyst | $79,316 | $6,610 | $38.13 | 176,369 |
| Control Analyst | $69,598 | $5,800 | $33.46 | 133,321 |
Top companies hiring business analyst associates now:
Business analyst associate salaries at Edelman Financial Engines and MUFG EMEA are the highest-paying according to our most recent salary estimates. In addition, the average business analyst associate salary at companies like Sumitomo Mitsui Financial Group and Nomura Securities are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Edelman Financial Engines | $106,979 | $51.43 |
| 2 | MUFG EMEA | $106,810 | $51.35 |
| 3 | Sumitomo Mitsui Financial Group | $105,998 | $50.96 |
| 4 | Nomura Securities | $105,479 | $50.71 |
| 5 | BNP Paribas | $105,434 | $50.69 |
| 6 | J.P. Morgan | $104,567 | $50.27 |
| 7 | Deutsche Bank | $103,150 | $49.59 |
| 8 | TD Ameritrade | $102,560 | $49.31 |
| 9 | Credit Suisse | $98,935 | $47.56 |
| 10 | AstraZeneca | $97,328 | $46.79 |
| 11 | Biogen | $97,158 | $46.71 |
| 12 | Pacifi | $96,885 | $46.58 |
| 13 | Jefferies | $94,563 | $45.46 |
| 14 | ResMed | $94,027 | $45.21 |
| 15 | State Street | $93,227 | $44.82 |
| 16 | Moody's | $92,127 | $44.29 |
| 17 | Goldman Sachs | $92,116 | $44.29 |
| 18 | Yahoo | $90,207 | $43.37 |
| 19 | City National Bank | $89,333 | $42.95 |
| 20 | Citi | $88,085 | $42.35 |
The average business analyst associate salary varies across industries:
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Finance | $83,004 | $39.91 |
| 2 | Professional | $69,304 | $33.32 |
| 3 | Technology | $66,815 | $32.12 |
| 4 | Insurance | $57,038 | $27.42 |
The average business analyst associate salary has risen by $7,198 over the last ten years. In 2014, the average business analyst associate earned $61,608 annually, but today, they earn $68,806 a year. That works out to a 8% change in pay for business analyst associates over the last decade.
Compare business analyst associate salaries for cities or states with the national average over time.
Compare business analyst associate salaries for individual cities or states with the national average.
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $68,800 | $33.08 | +2.7% |
| 2025 | $66,900 | $32.17 | +1.9% |
| 2024 | $65,600 | $31.55 | +1.4% |
| 2023 | $64,700 | $31.11 | +1.4% |
| 2022 | $63,800 | $30.69 | +0.0% |
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| L R S | Associate Business Analyst | Minneapolis, MN | 06/28/2025 | $58,436 |
| Levi, Ray & Shoup, Inc. | Associate Business Analyst (26942) | Minneapolis, MN | 06/26/2025 | $58,436 |
| Medline | Associate Analyst Business Systems IT | Northbrook, IL | 06/18/2025 | $73,840 |
| Blackrock, Inc. | Analyst/Associate-Business Development, Insurance General Accounts (FIG) | New York, NY | 06/14/2025 | $105,000 |
| Verista | 5753-GMP Document Analyst/Associate Business Analyst | Indianapolis, IN | 06/13/2025 | $56,980 |
| Global Channel Management | Associate Business Analyst | Windsor, CT | 06/10/2025 | $73,045 |
| Davita | Associate Analyst, Business (Rops) | Federal Way, WA | 06/08/2025 | $56,349 |
| Cognizant Technology Solutions | DX Associate Business Analyst | Orlando, FL | 05/28/2025 | $81,000 |
| Blackrock | Associate, Business Analyst, Models Infrastructure, Multi-Asset Strategies & Solutions (Mass) | Atlanta, GA | 05/27/2025 | $105,000 |
| Rsm Us LLP | Business Analyst Senior Associate-Catt | Atlanta, GA | 05/24/2025 | $88,400 |
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