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The role of a Market Analyst is crucial in guiding business decisions through data analysis and market research. The average salary, as of October 2025, stands at $61,606 annually. This figure may vary significantly based on multiple factors, including experience level, geographical location, and the specific industry.
Entry-level Market Analysts typically earn less, while those with several years of experience can command higher salaries. For example, analysts with 5-10 years of experience often earn upwards of $70,000.
Geographic location plays a significant role in salary differences. States like California and New York tend to offer higher compensation due to the cost of living and demand for skilled analysts. Understanding where you can earn more is key to optimizing your career path.
Industries such as technology and finance often provide the highest salaries for Market Analysts. In contrast, sectors like non-profit and government may offer lower pay but can provide fulfilling roles and benefits.
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| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level market analyst | $38,700 | $18.58 |
| Mid-level market analyst | $65,300 | $31.39 |
| Senior-level market analyst | $107,000 | $51.40 |
The average market analyst salary in Delaware, Washington, and New York are the highest in the U.S. The lowest average market analyst salary states are Wyoming, Florida, and Louisiana.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Delaware | $77,073 | $37.05 |
| 2 | New York | $73,398 | $35.29 |
| 3 | Washington | $75,306 | $36.20 |
| 4 | New Jersey | $73,018 | $35.10 |
| 5 | Oregon | $68,903 | $33.13 |
| 6 | Virginia | $66,569 | $32.00 |
| 7 | Connecticut | $68,409 | $32.89 |
| 8 | Minnesota | $70,369 | $33.83 |
| 9 | Idaho | $61,957 | $29.79 |
| 10 | Colorado | $63,325 | $30.44 |
| 11 | Massachusetts | $62,814 | $30.20 |
| 12 | District of Columbia | $64,611 | $31.06 |
| 13 | Iowa | $66,323 | $31.89 |
| 14 | Ohio | $62,001 | $29.81 |
| 15 | Pennsylvania | $61,283 | $29.46 |
| 16 | Indiana | $60,568 | $29.12 |
| 17 | Illinois | $59,967 | $28.83 |
| 18 | Maine | $61,461 | $29.55 |
| 19 | Wisconsin | $60,311 | $29.00 |
| 20 | New Hampshire | $62,135 | $29.87 |
| 21 | North Carolina | $56,178 | $27.01 |
| 22 | Kansas | $58,687 | $28.21 |
| 23 | Maryland | $55,235 | $26.56 |
| 24 | Michigan | $54,956 | $26.42 |
| 25 | Texas | $53,713 | $25.82 |
| 26 | California | $55,061 | $26.47 |
| 27 | Georgia | $53,714 | $25.82 |
| 28 | Utah | $51,309 | $24.67 |
| 29 | Rhode Island | $51,649 | $24.83 |
| 30 | Oklahoma | $55,073 | $26.48 |
| 31 | Alaska | $51,318 | $24.67 |
| 32 | Arkansas | $49,301 | $23.70 |
| 33 | Tennessee | $52,461 | $25.22 |
| 34 | Missouri | $53,363 | $25.66 |
| 35 | South Dakota | $52,231 | $25.11 |
| 36 | Vermont | $48,818 | $23.47 |
| 37 | Kentucky | $50,392 | $24.23 |
| 38 | North Dakota | $49,203 | $23.66 |
| 39 | Nevada | $48,074 | $23.11 |
| 40 | Arizona | $45,840 | $22.04 |
| 41 | South Carolina | $50,202 | $24.14 |
| 42 | West Virginia | $48,598 | $23.36 |
| 43 | Nebraska | $47,761 | $22.96 |
| 44 | Montana | $46,705 | $22.45 |
| 45 | Hawaii | $34,868 | $16.76 |
| 46 | Florida | $44,053 | $21.18 |
| 47 | New Mexico | $48,101 | $23.13 |
| 48 | Wyoming | $44,660 | $21.47 |
| 49 | Alabama | $41,784 | $20.09 |
| 50 | Louisiana | $43,743 | $21.03 |
| 51 | Mississippi | $34,780 | $16.72 |
The highest-paying cities for market analysts are Seattle, WA, New York, NY, and Englewood, NJ.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Seattle, WA | $75,491 | $36.29 |
| 2 | New York, NY | $73,459 | $35.32 |
| 3 | Englewood, NJ | $73,173 | $35.18 |
| 4 | Minneapolis, MN | $70,473 | $33.88 |
| 5 | Stamford, CT | $68,511 | $32.94 |
| 6 | Arlington, VA | $67,930 | $32.66 |
| 7 | Des Moines, IA | $65,762 | $31.62 |
| 8 | Washington, DC | $64,692 | $31.10 |
| 9 | Denver, CO | $63,448 | $30.50 |
| 10 | Boston, MA | $62,861 | $30.22 |
| 11 | Columbus, OH | $61,583 | $29.61 |
| 12 | Philadelphia, PA | $61,379 | $29.51 |
| 13 | San Francisco, CA | $60,478 | $29.08 |
| 14 | Indianapolis, IN | $60,312 | $29.00 |
| 15 | Chicago, IL | $60,285 | $28.98 |
| 16 | Charlotte, NC | $55,112 | $26.50 |
| 17 | Farmington Hills, MI | $55,048 | $26.47 |
| 18 | Arlington, TX | $53,927 | $25.93 |
| 19 | Atlanta, GA | $53,853 | $25.89 |
| 20 | Salt Lake City, UT | $51,475 | $24.75 |
A market analyst's salary ranges from $41,000 a year at the 10th percentile to $90,000 at the 90th percentile.

| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $90,000 | $7,500 | $43 |
| 75th Percentile | $75,000 | $6,250 | $36 |
| Average | $61,606 | $5,134 | $30 |
| 25th Percentile | $50,000 | $4,167 | $24 |
| 10th Percentile | $41,000 | $3,417 | $20 |
The highest paying types of market analysts are senior marketing analyst, product analyst, and senior research analyst.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Analyst Internship | $38,569 | $3,214 | $18.54 | 103,723 |
| Market Research Internship | $35,920 | $2,993 | $17.27 | 99,512 |
| Analyst Sales | $69,093 | $5,758 | $33.22 | 77,023 |
| Data Analyst Internship | $38,752 | $3,229 | $18.63 | 135,614 |
| Data Research Analyst | $57,865 | $4,822 | $27.82 | 135,144 |
| Pricing Analyst | $64,168 | $5,347 | $30.85 | 73,462 |
Top companies hiring market analysts now:
Market analyst salaries at Intuitive Surgical and Applied Materials are the highest-paying according to our most recent salary estimates. In addition, the average market analyst salary at companies like Apple and BP America Inc are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Intuitive Surgical | $108,896 | $52.35 |
| 2 | Applied Materials | $104,709 | $50.34 |
| 3 | Apple | $103,474 | $49.75 |
| 4 | BP America Inc | $103,136 | $49.58 |
| 5 | Deutsche Bank | $102,751 | $49.40 |
| 6 | ING Financial Holdings Corporation | $102,601 | $49.33 |
| 7 | American Century Investments | $102,290 | $49.18 |
| 8 | JPMorgan Chase & Co. | $99,748 | $47.96 |
| 9 | Starwood Capital Group | $99,630 | $47.90 |
| 10 | Stocktwits | $99,473 | $47.82 |
| 11 | FUJIFILM Diosynth Biotechnologies | $99,383 | $47.78 |
| 12 | MUFG EMEA | $99,243 | $47.71 |
| 13 | Sumitomo Mitsui Financial Group | $98,519 | $47.36 |
| 14 | Cisco | $98,289 | $47.25 |
| 15 | Tenaska | $97,632 | $46.94 |
| 16 | Goldman Sachs | $97,290 | $46.77 |
| 17 | Citicorp North America, Inc | $95,717 | $46.02 |
| 18 | American Express | $95,336 | $45.83 |
| 19 | Slalom | $93,692 | $45.04 |
| 20 | Marcus & Millichap | $93,102 | $44.76 |
The average market analyst salary varies across industries:
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Finance | $72,619 | $34.91 |
| 2 | Technology | $68,834 | $33.09 |
| 3 | Manufacturing | $67,333 | $32.37 |
| 4 | Media | $65,341 | $31.41 |
| 5 | Agriculture | $60,957 | $29.31 |
| 6 | Professional | $60,088 | $28.89 |
| 7 | Transportation | $57,393 | $27.59 |
The average market analyst salary has risen by $5,205 over the last ten years. In 2014, the average market analyst earned $56,401 annually, but today, they earn $61,606 a year. That works out to a 5% change in pay for market analysts over the last decade.
Compare market analyst salaries for cities or states with the national average over time.
Compare market analyst salaries for individual cities or states with the national average.
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $61,600 | $29.62 | +3.1% |
| 2024 | $59,700 | $28.71 | +1.1% |
| 2023 | $59,100 | $28.41 | -0.2% |
| 2022 | $59,200 | $28.46 | +1.1% |
| 2021 | $58,600 | $28.16 | +0.7% |
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Freddie Mac | Multifamily Capital Markets Securitization Analyst | McLean, VA | 06/28/2025 | $66,000 |
| Bridgestone Aircraft Tire (USA), Inc. | Sales & Market Analyst | Mayodan, NC | 06/27/2025 | $50,000 |
| MUFG Americas Holdings | Analyst, Capital Markets Group-Money Markets | Day, NY | 06/27/2025 | $110,000 |
| AIG PC Global Services | Broker & Market Lead Analyst | Atlanta, GA | 06/26/2025 | $70,000 |
| California Independent System | Wholesale Electricity Market Analyst (Hybrid) | Folsom, CA | 06/26/2025 | $86,089 |
| American International Group | Broker & Market Lead Analyst | New York, NY | 06/25/2025 | $70,000 |
| MUFG Securities Americas | Analyst, Capital Markets Group-Money Markets | New York, NY | 06/25/2025 | $110,000 |
| Warner Pacific Insurance Services | Multi-Market Analyst I-FL-Remote | Miami Gardens, FL | 06/25/2025 | $46,728 |
| MUFG (DBA | Analyst, Capital Markets Group-Money Markets | New York, NY | 06/24/2025 | $110,000 |
| Thr Property Management LP | Analyst, Capital Markets | Dallas, TX | 06/24/2025 | $61,650 |
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