Working as a Market Specialist

There is more than meets the eye when it comes to being a market specialist. For example, did you know that they make an average of $30.29 an hour? That's $63,007 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 Specialist Do

There are certain skills that many market specialists 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, physical stamina and critical-thinking skills.

When it comes to the most important skills required to be a market specialist, we found that a lot of resumes listed 13.6% of market specialists included customer service, while 7.2% of resumes included business units, and 6.5% of resumes included product knowledge. 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 specialist job title. But what industry to start with? Most market specialists actually find jobs in the technology and health care industries.

How To Become a Market Specialist

If you're interested in becoming a market specialist, one of the first things to consider is how much education you need. We've determined that 55.9% of market specialists have a bachelor's degree. In terms of higher education levels, we found that 20.1% of market specialists have master's degrees. Even though most market specialists have a college degree, it's possible 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 specialist. When we researched the most common majors for a market specialist, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on market specialist resumes include associate degree degrees or high school diploma degrees.

You may find that experience in other jobs will help you become a market specialist. In fact, many market specialist jobs require experience in a role such as account executive. Meanwhile, many market specialists also have previous career experience in roles such as sales representative or customer service representative.

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Average Salary$63,007
Job Growth Rate20%

Market Specialist Jobs

Market Specialist Career Paths

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Average Salary for a Market Specialist

Market Specialists in America make an average salary of $63,007 per year or $30 per hour. The top 10 percent makes over $103,000 per year, while the bottom 10 percent under $38,000 per year.
Average Salary
$63,007

Best Paying Cities

City
Average Salary

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Market Analytics Specialist
Market Analytics Specialist
Engie
Engie
06/04/2020
06/04/2020
$31,30506/04/2020
$31,305
Mortgage Secondary Market Specialist
Mortgage Secondary Market Specialist
Randstad
Randstad
05/05/2020
05/05/2020
$41,74005/05/2020
$41,740
Market Specialist
Market Specialist
GWC Warranty
GWC Warranty
01/17/2020
01/17/2020
$40,00001/17/2020
$40,000
Market Specialist
Market Specialist
Engie
Engie
12/17/2019
12/17/2019
$31,30512/17/2019
$31,305
Market Specialist
Market Specialist
Plum Market
Plum Market
07/31/2019
07/31/2019
$22,95707/31/2019
$22,957
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Market Specialist Demographics

Gender

Male

50.7 %

Female

43.5 %

Unknown

5.8 %
Ethnicity

White

60.0 %

Hispanic or Latino

17.0 %

Black or African American

10.3 %
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Foreign Languages Spoken

Spanish

46.2 %

French

14.3 %

Portuguese

4.2 %
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Market Specialist Education

Schools

Washington State University

12.0 %

Florida State University

8.0 %

American University

7.0 %

Northern Kentucky University

6.0 %
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Majors

Business

30.4 %

Marketing

11.0 %

Finance

8.9 %

Communication

5.9 %
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Degrees

Bachelors

55.9 %

Masters

20.1 %

Associate

7.7 %

High School Diploma

7.6 %
Show More

Entry Level Jobs For Becoming A Market Specialist

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Full Time
Part Time
Internship
Temporary

Top Skills For a Market Specialist

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, 13.6% of market specialists listed customer service on their resume, but soft skills such as analytical skills and physical stamina are important as well.

Best States For a Market Specialist

Some places are better than others when it comes to starting a career as a market specialist. The best states for people in this position are New Jersey, Texas, Delaware, and Connecticut. Market specialists make the most in New Jersey with an average salary of $83,143. Whereas in Texas and Delaware, they would average $77,878 and $76,410, respectively. While market specialists would only make an average of $75,134 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 Specialist Jobs:
50
Highest 10% Earn:
$132,000
Location Quotient:
1.15
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 Specialist Jobs:
831
Highest 10% Earn:
$132,000
Location Quotient:
1.19
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 Specialist Jobs:
394
Highest 10% Earn:
$148,000
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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Top Market Specialist Employers

1. Porch
4.1
Avg. Salary: 
$73,917
Market Specialists Hired: 
47+
2. Calypso Technology
4.3
Avg. Salary: 
$93,053
Market Specialists Hired: 
21+
3. Target
4.7
Avg. Salary: 
$42,036
Market Specialists Hired: 
20+
4. Ecova
4.3
Avg. Salary: 
$60,773
Market Specialists Hired: 
17+
5. Thomson Reuters
4.8
Avg. Salary: 
$92,771
Market Specialists Hired: 
16+
6. Southern California Edison
4.8
Avg. Salary: 
$75,930
Market Specialists Hired: 
13+

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Updated October 2, 2020