Updated August 18, 2021
Average Business Analyst Salary
$71,000 yearly
$34.49 hourly

Entry level Salary
$55,000 yearly
$55,000
10 %
$71,000
Median
$93,000
90 %
Calculator
Are you paid fairly? Get Your Salary Estimate
PercentileascdescAnnual SalaryascdescMonthly SalaryascdescHourly Rateascdesc
90th Percentile
$93,000
$7,750
$45
75th Percentile
$82,000
$6,833
$39
Average
$71,730
$5,978
$34
25th Percentile
$62,000
$5,167
$30
10th Percentile
$55,000
$4,583
$26

Average Business Analyst Salary By State

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

  • State View
  • Country View
Average Salary:

Business Analyst average salary by State

StateascdescAvg. salaryascdescHourly rateascdescJob Countascdesc
Alabama
$57,734
$27.76
Alaska
$69,180
$33.26
Arizona
$63,135
$30.35
Arkansas
$50,841
$24.44
California
$77,922
$37.46
Colorado
$70,980
$34.13
Connecticut
$77,118
$37.08
Delaware
$69,731
$33.52
District of Columbia
$78,751
$37.86
Florida
$53,100
$25.53
Georgia
$60,549
$29.11
Hawaii
$57,647
$27.71
Idaho
$61,765
$29.69
Illinois
$67,412
$32.41
Indiana
$59,311
$28.51
Iowa
$60,695
$29.18
Kansas
$59,510
$28.61
Kentucky
$60,249
$28.97
Louisiana
$47,000
$22.60
Maine
$59,675
$28.69
Maryland
$76,062
$36.57
Massachusetts
$68,634
$33.00
Michigan
$61,181
$29.41
Minnesota
$62,208
$29.91
Mississippi
$54,790
$26.34
Missouri
$60,136
$28.91
Montana
$54,772
$26.33
Nebraska
$63,993
$30.77
Nevada
$60,895
$29.28
New Hampshire
$80,050
$38.49
New Jersey
$80,267
$38.59
New Mexico
$57,681
$27.73
New York
$72,492
$34.85
North Carolina
$66,168
$31.81
North Dakota
$54,284
$26.10
Ohio
$63,574
$30.56
Oklahoma
$52,704
$25.34
Oregon
$67,568
$32.48
Pennsylvania
$66,038
$31.75
Rhode Island
$65,746
$31.61
South Carolina
$57,861
$27.82
South Dakota
$60,424
$29.05
Tennessee
$55,503
$26.68
Texas
$62,019
$29.82
Utah
$57,158
$27.48
Vermont
$58,855
$28.30
Virginia
$73,963
$35.56
Washington
$75,750
$36.42
West Virginia
$59,302
$28.51
Wisconsin
$58,384
$28.07
Wyoming
$59,048
$28.39

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.

Highest Paying Cities For Business Analyst

0 selections
CityascdescAvg. salaryascdescHourly rateascdesc
San Francisco, CA
$82,088
$39.47
Jersey City, NJ
$80,462
$38.68
Washington, DC
$78,763
$37.87
Hartford, CT
$77,022
$37.03
Seattle, WA
$76,215
$36.64
McLean, VA
$75,200
$36.15

The largest raises come from changing jobs.

See what's out there.

How much does a Business Analyst make?

  • The average business analyst makes $71,730 in the United States.
  • The average hourly pay for a business analyst is $34.49.
  • The average entry-level business analyst salary is $55,000.
  • Highest paying states for business analyst are New Jersey ($80,267), New Hampshire ($80,050), California ($80,267) and Connecticut ($80,267).
  • Highest paying cities for business analyst are San Francisco, CA ($82,088), Jersey City, NJ, Washington, DC, Hartford, CT and Seattle, WA.
  • Business analysts on the lower end of that spectrum, the bottom 10% to be exact, make roughly $55,000 a year, while the top 10% makes $93,000.
  • The best-paid 25% made $82,000 that year, while the lowest-paid 25$ made $62,000
  • Industries with the highest business analyst salaries are retail, technology and health care.

Average Business Analyst Salary Over Time

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

Location
    YearascdescAvg. salaryascdescHourly rateascdesc% Changeascdesc
    2021
    $71,700
    $34.49
    +1.9%
    2020
    $70,300
    $33.81
    +2.3%
    2019
    $68,700
    $33.05
    +1.5%
    2018
    $67,700
    $32.56
    +2.1%
    2017
    $66,300
    $31.86
    +1.3%

    How Much Do Business Analysts Make In Different Industries?

    Business analyst salaries can vary on many factors, including what industry a job is in. In fact, jobs with retail, technology, and health care companies tend to be the highest paying. Furthermore, a business analyst can make a yearly salary of $83,146 while working for retail companies. All the while, other business analysts are making $82,937 at technology companies and $80,671 at health care companies. One industry business analysts may want to avoid is the insurance industry as it offers the lowest average salary at $78,944.
    RankIndustryAverage Business Analyst SalaryBusiness Analyst Salary Range
    1Retail
    $83,146
    $67k
    $98k
    2Technology
    $82,937
    $67k
    $98k
    3Health Care
    $80,671
    $67k
    $98k
    4Manufacturing
    $80,143
    $67k
    $98k
    5Finance
    $79,299
    $67k
    $98k
    6Insurance
    $78,944
    $67k
    $98k

    High Paying Business Analyst Jobs

    Average JOB Salary by Field

    Technical Analyst

    Avg. salary: $75,733

    A technical analyst is responsible for analyzing technical information and aligning it to the business strategies and procedures in meeting project goals. Technical analysts monitor technical system errors and provide immediate resolutions to ensure an efficient and smooth flow of operations. They comply with the business requirements and clients' specifications to facilitate the technical team with the best techniques to get the job done. A technical analyst should have excellent critical-thinking and communication skills, as well as having a broad knowledge of the technology industry and disciplines.
    172,832 Technical Analyst Jobs
    Developer Analyst

    Avg. salary: $79,674

    A developer analyst is a professional who is responsible for building application requirements and develops database solutions that allow operational efficiency and user-friendly tools. Developer analysts are required to develop a detailed definition of business solutions that can include database design, data flow, and transaction processing requirements. They work with other teams to design and implement a web application that manages internal processes and can result in increased productivity. Developer analysts are also required to perform integration tests for various vendors for services that are according to business requirements and testing processes.
    191,472 Developer Analyst Jobs
    Business Analyst/Quality Analyst

    Avg. salary: $69,593

    A business analyst/quality analyst is responsible for evaluating business outputs and operational processes to ensure that everything adheres to the quality standards and business regulations. Business analysts/quality analysts support senior management in determining solutions to improve the company's services and provide the highest satisfaction for the customers and clients. They also conduct data and statistical analysis by assessing the market trends to identify opportunities that would generate more revenue resources and increase profitability for the business.
    149,362 Business Analyst/Quality Analyst Jobs
    Business Analyst/Project Manager

    Avg. salary: $89,516

    A business analyst/project manager is responsible for developing project management procedures, analyzing processes, and ensuring the accuracy and efficiency of project deliverables, following clients' specifications and requirements to meet their highest satisfaction. Business analysts/project managers manage project resources, delegate tasks to project staff, setting deadlines, and coordinating with the clients for regular updates and suggest strategic adjustments as needed. They also mitigate potential risks and manage changes during the project execution, maintaining the quality of the outputs, and balancing costs to meet the clients' budget goals.
    154,503 Business Analyst/Project Manager Jobs
    Systems Analyst

    Avg. salary: $70,221

    A systems analyst is responsible for monitoring the effectiveness of technology systems and analyzing its efficiency for business operations and clients' needs. Systems analysts create specific modifications to operating systems and help design solutions and processes. Other tasks include managing the system's workflow, diagnosing and detecting malfunctions, performing troubleshooting, and assisting clients' with their concerns. A systems analyst must have excellent command with programming languages and the knowledge with the technology industry to understand systems' complexities and processes.
    148,555 Systems Analyst Jobs
    Business Intelligence Analyst

    Avg. salary: $74,059

    The primary job of business intelligence (BI) analysts is to analyze data and identify areas of improvement for an organization. These professionals are responsible for identifying trends that may help managers, executives, and other departments make better decisions to improve company processes and modernization. Other duties include identifying areas of revenue loss and ways to maximize profit, analyzing competitors' use of BI, and implementing new methodologies and data analysis. This role is particularly analytical and needs a balance of communication, information technology, and problem-solving skills.
    114,839 Business Intelligence Analyst Jobs
    Job TitleascdescAnnual SalaryascdescMonthly SalaryascdescHourly RateascdescJob Openingsascdesc
    Technical Analyst
    $75,734
    $6,311
    $36.41
    172,832
    Developer Analyst
    $79,674
    $6,640
    $38.31
    191,472
    Business Analyst/Quality Analyst
    $69,594
    $5,799
    $33.46
    149,362
    Business Analyst/Project Manager
    $89,517
    $7,460
    $43.04
    154,503
    Systems Analyst
    $70,221
    $5,852
    $33.76
    148,555
    Business Intelligence Analyst
    $74,059
    $6,172
    $35.61
    114,839
    Job Openings

    Find High Paying Jobs Near You

    0 selections
    0 selections

    Business Analyst Salaries By Years Of Experience

    The salary for a business 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.
    Experience LevelascdescAvg. SalaryascdescHourly Rateascdesc
    Entry Level
    $33,800
    $16.25
    Mid Level
    $65,600
    $31.52
    Senior Level
    $115,000
    $55.06

    Which Companies Pay Business Analysts The Most?

    To earn a high income as a business analyst, working for Milgard Manufacturing or Ideal Industries might be your best bet, as they are the highest paying companies in this field. In addition, companies like Procore Technologies and Houzz report highly competitive wages for business analysts.
    Company

    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 Business Analyst Salaries

    Location
    CompanyascdescJobascdescLocationascdescDate AddedascdescSalaryascdesc
    County of Chesterfield
    IST Business Analyst
    IST Business Analyst
    Enon, VA
    08/31/2021
    $65,101
    08/31/2021
    Us Foods
    Business Analyst I&A-Supply Chain (Virtual)
    Business Analyst I&A-Supply Chain (Virtual)
    Des Plaines, IL
    08/31/2021
    $70,000
    08/31/2021
    Synnex
    Business Systems Analyst
    Business Systems Analyst
    Greenville, SC
    08/31/2021
    $59,500
    08/31/2021
    Splunk
    Business Systems Analyst
    Business Systems Analyst
    Houston, TX
    08/31/2021
    $75,000
    08/31/2021
    Equinix
    Business Systems Analyst-Lease Management and Accounting
    Business Systems Analyst-Lease Management and Accounting
    Tampa, FL
    08/31/2021
    $80,000
    08/31/2021
    Splunk
    Business Systems Analyst
    Business Systems Analyst
    Chicago, IL
    08/31/2021
    $75,000
    08/31/2021
    Splunk
    Business Systems Analyst
    Business Systems Analyst
    Portland, OR
    08/31/2021
    $75,000
    08/31/2021
    Splunk
    Business Systems Analyst
    Business Systems Analyst
    Atlanta, GA
    08/31/2021
    $75,000
    08/31/2021
    Synnex
    Business Systems Analyst
    Business Systems Analyst
    Louisville, CO
    08/31/2021
    $59,500
    08/31/2021
    Synnex
    Business Systems Analyst
    Business Systems Analyst
    Fremont, CA
    08/31/2021
    $59,500
    08/31/2021

    Average Business Analyst Salary by Demographic

    Business Analyst Gender Pay Gap

    male-income
    Male Income
    $76,007
    female-income
    Female Income
    $72,640
    Genderascdesc
    Incomeascdesc
    Male$76,007
    Female$72,640
    Median Business Analyst Income by Race
    Asian business analysts have the highest average salary compared to other ethnicities. Black or african american business analysts have the lowest average salary at $71,216.
    $80,000
    $64,000
    $48,000
    $32,000
    $16,000
    $0
    White
    Black or African American
    Asian
    Hispanic or Latino
    Ethnicityascdesc
    Salaryascdesc
    White$73,791
    Black or African American$71,216
    Asian$79,686
    Hispanic or Latino$72,587
    Average Business Analyst Salary by Education Level
    Business analysts with a Doctorate degree earn more than those without, at $88,081 annually. With a Masters degree, business analysts earn a median annual income of $83,714 compared to $76,007 for business analysts with an Bachelors degree.
    $90,000
    $72,000
    $54,000
    $36,000
    $18,000
    $0
    Master's Degree
    Bachelor's Degree
    Doctorate Degree
    Some College/ Associate Degree
    Educationascdesc
    Salaryascdesc
    Master's Degree$83,714
    Bachelor's Degree$76,007
    Doctorate Degree$88,081
    Some College/ Associate Degree$66,588

    Business Analyst FAQs

    Do business analysts get paid well?

    Yes, business analysts get paid well. A business analyst earns an average of $82,343 a year ($40 per hour), however, some specialized business analysts can make upward of $110,000 ($52 per hour) a year (e.g., business systems consultant). An entry-level position starts at $56,000 ($27 per hour).

    Business analyst not only is paid well but typically works fewer hours compared to other high-paying business positions. However, it's not for the faint of heart. Becoming a successful business analyst requires analytical problem-solving skills, business knowledge, technology savviness, good communication skills, and the ability to understand the methodology and can see the bigger picture.

    The top five cities where business analysts are making bank (mean salary: Richmond, CA (Mean Salary: $100.754), Stanford, CT (Mean Salary: $98,109), Bellevue, WA (Mean Salary: $97,888), Lakes, AK ($94,454), and San Francisco (Mean Salary: $94,431).

    The top business analyst earners are those that work as consultant business analysts (Mean Salary: $117,703), business analyst managers (Mean Salary: $117,033), business analyst IV ((Mean Salary: $114,266), IT finance business analyst (Mean Salary: $113,173), and information security business analyst (Mean Salary: $111,086).

    Learn more about this question

    Is a business analyst a high-paying job?

    Yes, being a business analyst is a high-paying job. The median annual salary for a business analyst is $94,000. With that said, business analyst salaries vary depending on educational and on-the-job experience and where the job is located.

    The top business analyst earners are those that work as consultant business analysts (Mean Salary: $117,703), business analyst managers (Mean Salary: $117,033), business analyst IV (Mean Salary: $114,266), IT finance business analysts (Mean Salary:$113,173), and information security business analyst (Mean Salary: $111,086).

    The top five cities where business analysts are making bank are Richmond, CA (Mean Salary: $100.754), Stanford, CT (Mean Salary: $98,109), Bellevue, WA (Mean Salary: $97,888), Lakes, AK (Mean Salary: $94,454), and San Francisco (Mean Salary: $94,431).

    The future projection for business analysts positions is looking good. The U.S. Bureau of Labor Statistics projects demand for some field of a business analyst is set to explode. The overall demand for business analysts is projected to grow 14% over the next decade, adding $93,000 jobs to the U.S. alone.

    Learn more about this question