Working as a Market Analyst

There is more than meets the eye when it comes to being a market analyst. For example, did you know that they make an average of $24.51 an hour? That's $50,971 a year!

Between 2018 and 2028, the career is expected to grow 20% and produce 139,200 job opportunities across the U.S.

What Does a Market Analyst Do

There are certain skills that many market analysts have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, math skills and critical-thinking skills.

When it comes to the most important skills required to be a market analyst, we found that a lot of resumes listed 12.8% of market analysts included market research, while 6.0% of resumes included capital markets, and 5.7% of resumes included powerpoint. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the market analyst job title. But what industry to start with? Most market analysts actually find jobs in the finance and manufacturing industries.

How To Become a Market Analyst

If you're interested in becoming a market analyst, one of the first things to consider is how much education you need. We've determined that 52.7% of market analysts have a bachelor's degree. In terms of higher education levels, we found that 36.8% of market analysts have master's degrees. Even though most market analysts have a college degree, it's impossible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a market analyst. When we researched the most common majors for a market analyst, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on market analyst resumes include associate degree degrees or doctoral degree degrees.

You may find that experience in other jobs will help you become a market analyst. In fact, many market analyst jobs require experience in a role such as internship. Meanwhile, many market analysts also have previous career experience in roles such as research assistant or finance analyst.

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Average Salary$50,971
Job Growth Rate20%

Market Analyst Jobs

Market Analyst Career Paths

Top Careers Before Market Analyst
Analyst6.3 %
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Top Careers After Market Analyst
Analyst6.5 %
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What is the right job for my career path?

Tell us your goals and we'll match you with the rights job to get there.

Average Salary for a Market Analyst

Market Analysts in America make an average salary of $50,971 per year or $25 per hour. The top 10 percent makes over $77,000 per year, while the bottom 10 percent under $33,000 per year.
Average Salary
$50,971

Best Paying Cities

City
Average Salary

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Capital Markets Analyst Real Estate Investment Trust
Capital Markets Analyst Real Estate Investment Trust
Randstad
Randstad
06/10/2020
06/10/2020
$52,17506/10/2020
$52,175
Market Analyst (Manufacturing)
Market Analyst (Manufacturing)
Emerald Resource Group
Emerald Resource Group
06/01/2020
06/01/2020
$87,65406/01/2020
$87,654
Capital Markets Analyst
Capital Markets Analyst
Randstad
Randstad
03/09/2020
03/09/2020
$52,17503/09/2020
$52,175
Market Analyst
Market Analyst
Craft Recruiting
Craft Recruiting
12/05/2019
12/05/2019
$75,00012/05/2019
$75,000
Market Analyst
Market Analyst
Smith Hanley Associates
Smith Hanley Associates
11/30/2019
11/30/2019
$70,00011/30/2019
$70,000
See More Recent Salaries

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Market Analyst Demographics

Gender

Male

56.1 %

Female

36.8 %

Unknown

7.1 %
Ethnicity

White

54.9 %

Asian

16.0 %

Hispanic or Latino

14.4 %
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Foreign Languages Spoken

Spanish

28.5 %

French

13.8 %

Chinese

10.9 %
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Market Analyst Education

Schools

New York University

12.5 %

University of Texas at Austin

7.7 %

Columbia University

7.3 %

Pennsylvania State University

6.4 %
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Majors

Business

27.7 %

Finance

19.0 %

Marketing

12.1 %

Economics

9.5 %
Show More
Degrees

Bachelors

52.7 %

Masters

36.8 %

Certificate

3.6 %

Associate

2.6 %
Show More

Entry Level Jobs For Becoming A Market Analyst

Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For a Market Analyst

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 12.8% of market analysts listed market research on their resume, but soft skills such as analytical skills and math skills are important as well.

Best States For a Market Analyst

Some places are better than others when it comes to starting a career as a market analyst. The best states for people in this position are Delaware, New Jersey, New York, and Connecticut. Market analysts make the most in Delaware with an average salary of $68,319. Whereas in New Jersey and New York, they would average $67,125 and $65,265, respectively. While market analysts would only make an average of $63,315 in Connecticut, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Delaware

Total Market Analyst Jobs:
57
Highest 10% Earn:
$104,000
Location Quotient:
1.57
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. New York

Total Market Analyst Jobs:
1,009
Highest 10% Earn:
$103,000
Location Quotient:
1.73
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. New Jersey

Total Market Analyst Jobs:
328
Highest 10% Earn:
$106,000
Location Quotient:
0.96
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
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Market Analyst Resumes

Designing and figuring out what to include on your resume can be tough, not to mention time-consuming. That's why we put together a guide that is designed to help you craft the perfect resume for becoming a market analyst. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

At Zippia, we went through countless market analyst resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

Learn How To Write a Market Analyst Resume

At Zippia, we went through countless market analyst resumes and compiled some information about how best to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Detailed Information

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Top Market Analyst Employers

1. Citi
4.9
Avg. Salary: 
$73,912
Market Analysts Hired: 
64+
2. Thomson Reuters
4.8
Avg. Salary: 
$92,771
Market Analysts Hired: 
52+
3. Xceligent
3.9
Avg. Salary: 
$65,233
Market Analysts Hired: 
42+
4. East West Bank
4.4
Avg. Salary: 
$66,619
Market Analysts Hired: 
30+
5. Wells Fargo
4.8
Avg. Salary: 
$42,050
Market Analysts Hired: 
27+
6. Bank of America
4.8
Avg. Salary: 
$56,114
Market Analysts Hired: 
26+

Recently Added Market Analyst Jobs

Updated October 2, 2020