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The differences between location analysts and analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a location analyst, becoming an analyst takes usually requires 2-4 years. Additionally, an analyst has an average salary of $73,007, which is higher than the $55,631 average annual salary of a location analyst.
The top three skills for a location analyst include data integrity issues, market trends and financial models. The most important skills for an analyst are customer service, troubleshoot, and data analysis.
| Location Analyst | Analyst | |
| Yearly salary | $55,631 | $73,007 |
| Hourly rate | $26.75 | $35.10 |
| Growth rate | 19% | 11% |
| Number of jobs | 13,519 | 253,138 |
| Job satisfaction | 5 | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 67% |
| Average age | 37 | 44 |
| Years of experience | 6 | 4 |
A location analyst is responsible for the many aspects of an organization's business operations. As a location analyst, you will be performing a variety of duties including property planning, marketing, and market intelligence, and site research. In addition, you will manage and facilitate the collection of data, map market share on behalf of corporate clients, and manage the requirements for location planning. You will also be responsible for generating sales forecasts for extensions and new stores, and interpreting and predicting consumer behavior using the latest analyst tools and templates.
Analysts are employees or individual contributors with a vast experience in a particular field that help the organization address challenges. They help the organization improve processes, policies, and other operations protocol by studying the current processes in place and determining the effectiveness of those processes. They also research industry trends and data to make sound inferences and recommendations on what the company should do to improve their numbers. Analysts recommend business solutions and often help the organization roll out these solutions. They ensure that the proposed action plans are effective and produce the desired results.
Location analysts and analysts have different pay scales, as shown below.
| Location Analyst | Analyst | |
| Average salary | $55,631 | $73,007 |
| Salary range | Between $38,000 And $79,000 | Between $53,000 And $99,000 |
| Highest paying City | - | Jersey City, NJ |
| Highest paying state | - | New Jersey |
| Best paying company | - | The Citadel |
| Best paying industry | - | Technology |
There are a few differences between a location analyst and an analyst in terms of educational background:
| Location Analyst | Analyst | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between location analysts' and analysts' demographics:
| Location Analyst | Analyst | |
| Average age | 37 | 44 |
| Gender ratio | Male, 36.0% Female, 64.0% | Male, 52.4% Female, 47.6% |
| Race ratio | Black or African American, 4.7% Unknown, 4.9% Hispanic or Latino, 11.2% Asian, 14.1% White, 65.1% American Indian and Alaska Native, 0.1% | Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 12% |