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Market analyst salary

Average market analyst salary

$61,606

$29.62 hourly rate

Entry-level market analyst salary
$41,000 yearly salary
Updated January 8, 2025

Understanding Market Analyst Salaries

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.

Experience Level Impact

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.

Regional Salary Variations

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.

Industry Influence

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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Where can a Market Analyst earn more?

Compare salary by location
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81k
61k
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Columbus, OH$75,491
Salt Lake City, UT$51,475
Compare salary by company
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Intuitive Surgical$108,896
Marcus & Millichap$93,102

Market analyst salaries by experience level

Experience levelAvg. salaryHourly 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

Market analyst salary estimates from across the web

Based on the latest salary information compiled by Zippia, Ziprecruiter and SalaryExpert, the average salary for a market analyst typically falls between $61,606 and $103,841.
zippia
$61,606yearly
ZipRecruiter[1]
$77,845yearly
SalaryExpert[2]
$103,841yearly

Average market analyst salary by state

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.

  • State view
  • County view
Average salary:

Highest paying states for market analysts

RankStateAvg. salaryHourly rate
1Delaware$77,073$37.05
2New York$73,398$35.29
3Washington$75,306$36.20
4New Jersey$73,018$35.10
5Oregon$68,903$33.13
6Virginia$66,569$32.00
7Connecticut$68,409$32.89
8Minnesota$70,369$33.83
9Idaho$61,957$29.79
10Colorado$63,325$30.44
11Massachusetts$62,814$30.20
12District of Columbia$64,611$31.06
13Iowa$66,323$31.89
14Ohio$62,001$29.81
15Pennsylvania$61,283$29.46
16Indiana$60,568$29.12
17Illinois$59,967$28.83
18Maine$61,461$29.55
19Wisconsin$60,311$29.00
20New Hampshire$62,135$29.87
21North Carolina$56,178$27.01
22Kansas$58,687$28.21
23Maryland$55,235$26.56
24Michigan$54,956$26.42
25Texas$53,713$25.82
26California$55,061$26.47
27Georgia$53,714$25.82
28Utah$51,309$24.67
29Rhode Island$51,649$24.83
30Oklahoma$55,073$26.48
31Alaska$51,318$24.67
32Arkansas$49,301$23.70
33Tennessee$52,461$25.22
34Missouri$53,363$25.66
35South Dakota$52,231$25.11
36Vermont$48,818$23.47
37Kentucky$50,392$24.23
38North Dakota$49,203$23.66
39Nevada$48,074$23.11
40Arizona$45,840$22.04
41South Carolina$50,202$24.14
42West Virginia$48,598$23.36
43Nebraska$47,761$22.96
44Montana$46,705$22.45
45Hawaii$34,868$16.76
46Florida$44,053$21.18
47New Mexico$48,101$23.13
48Wyoming$44,660$21.47
49Alabama$41,784$20.09
50Louisiana$43,743$21.03
51Mississippi$34,780$16.72

Highest paying cities for market analysts

The highest-paying cities for market analysts are Seattle, WA, New York, NY, and Englewood, NJ.

RankCityAvg. salaryHourly rate
1Seattle, WA$75,491$36.29
2New York, NY$73,459$35.32
3Englewood, NJ$73,173$35.18
4Minneapolis, MN$70,473$33.88
5Stamford, CT$68,511$32.94
6Arlington, VA$67,930$32.66
7Des Moines, IA$65,762$31.62
8Washington, DC$64,692$31.10
9Denver, CO$63,448$30.50
10Boston, MA$62,861$30.22
11Columbus, OH$61,583$29.61
12Philadelphia, PA$61,379$29.51
13San Francisco, CA$60,478$29.08
14Indianapolis, IN$60,312$29.00
15Chicago, IL$60,285$28.98
16Charlotte, NC$55,112$26.50
17Farmington Hills, MI$55,048$26.47
18Arlington, TX$53,927$25.93
19Atlanta, GA$53,853$25.89
20Salt Lake City, UT$51,475$24.75

Market analyst salary details

A market analyst's salary ranges from $41,000 a year at the 10th percentile to $90,000 at the 90th percentile.

Average market analyst salary graph
Average market analyst salary graph, trends, and summary

What is a market analyst's salary?

PercentileAnnual salaryMonthly salaryHourly 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

Highest paying market analyst jobs

The highest paying types of market analysts are senior marketing analyst, product analyst, and senior research analyst.

Job titleAnnual salaryMonthly salaryHourly rateJob openings
Analyst Internship$38,569$3,214$18.54103,723
Market Research Internship$35,920$2,993$17.2799,512
Analyst Sales$69,093$5,758$33.2277,023
Data Analyst Internship$38,752$3,229$18.63135,614
Data Research Analyst$57,865$4,822$27.82135,144
Pricing Analyst$64,168$5,347$30.8573,462

Which companies pay market analysts the most?

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.

RankCompanyAverage salaryHourly rate
1Intuitive Surgical$108,896$52.35
2Applied Materials$104,709$50.34
3Apple$103,474$49.75
4BP America Inc$103,136$49.58
5Deutsche Bank$102,751$49.40
6ING Financial Holdings Corporation$102,601$49.33
7American Century Investments$102,290$49.18
8JPMorgan Chase & Co.$99,748$47.96
9Starwood Capital Group$99,630$47.90
10Stocktwits$99,473$47.82
11FUJIFILM Diosynth Biotechnologies$99,383$47.78
12MUFG EMEA$99,243$47.71
13Sumitomo Mitsui Financial Group$98,519$47.36
14Cisco$98,289$47.25
15Tenaska$97,632$46.94
16Goldman Sachs$97,290$46.77
17Citicorp North America, Inc$95,717$46.02
18American Express$95,336$45.83
19Slalom$93,692$45.04
20Marcus & Millichap$93,102$44.76

Wage gap by gender, race and education

$61,000$60,200$59,400$58,600$57,800$57,000
MaleFemale

Market Analyst salary by industry

The average market analyst salary varies across industries:

  • The average market analyst salary in the finance industry is $72,619, the highest of any industry.
  • The average market analyst salary in the finance industry is $68,834.
  • Market analysts in the transportation industry earn an average salary of $57,393, the lowest of any industry.

Highest paying industries for market analysts

RankIndustryAverage salaryHourly rate
1Finance$72,619$34.91
2Technology$68,834$33.09
3Manufacturing$67,333$32.37
4Media$65,341$31.41
5Agriculture$60,957$29.31
6Professional$60,088$28.89
7Transportation$57,393$27.59

High paying market analyst jobs

Market analyst salary trends

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.

Average market analyst salary over time

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

Market analyst salary by year

YearAvg. salaryHourly 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%

Recently added market analyst salaries

CompanyJobLocationDate addedSalary
Freddie MacMultifamily Capital Markets Securitization AnalystMcLean, VA06/28/2025$66,000
Bridgestone Aircraft Tire (USA), Inc.Sales & Market AnalystMayodan, NC06/27/2025$50,000
MUFG Americas HoldingsAnalyst, Capital Markets Group-Money MarketsDay, NY06/27/2025$110,000
AIG PC Global ServicesBroker & Market Lead AnalystAtlanta, GA06/26/2025$70,000
California Independent SystemWholesale Electricity Market Analyst (Hybrid)Folsom, CA06/26/2025$86,089
American International GroupBroker & Market Lead AnalystNew York, NY06/25/2025$70,000
MUFG Securities AmericasAnalyst, Capital Markets Group-Money MarketsNew York, NY06/25/2025$110,000
Warner Pacific Insurance ServicesMulti-Market Analyst I-FL-RemoteMiami Gardens, FL06/25/2025$46,728
MUFG (DBAAnalyst, Capital Markets Group-Money MarketsNew York, NY06/24/2025$110,000
Thr Property Management LPAnalyst, Capital MarketsDallas, TX06/24/2025$61,650

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