Post job

Principal business analyst salary

Quoted expert
Joel Stevenson

Average principal business analyst salary

$115,081

$55.33 hourly rate

Entry-level principal business analyst salary
$88,000 yearly salary
Updated January 8, 2025

Average Salary Insights

The Principal Business Analyst position commands a competitive average salary of $115,081 per year. This figure reflects the growing demand for professionals who can analyze complex data and develop strategic initiatives.

Factors Influencing Salary

Several factors contribute to salary variations, including:

  • Experience Level: Professionals with more years in the field tend to earn higher salaries.
  • Industry: Industries such as finance and technology often offer higher pay compared to others.
  • Location: Salaries can differ significantly across states, with metropolitan areas typically offering more competitive rates.

Opportunities for Advancement

To maximize earning potential, professionals should seek out opportunities in regions with higher demand. Additionally, pursuing certifications and advanced degrees can enhance skills and increase salary prospects. As the role continues to evolve, staying updated with industry trends is crucial for career advancement.

On this page
Principal business analyst salary by: 

Let Zippia find your next principal business analyst job

Floating question marks illustration

Let Zippia find your next principal business analyst job

Floating question marks illustration

Where can a Principal Business Analyst earn more?

Compare salary by location
Vs
168k
148k
128k
108k
88k
68k
Columbus, OH$143,821
Tampa, FL$98,106
Compare salary by company
Vs
176k
156k
136k
116k
96k
Mayo Clinic$152,324
Moderna$126,415

Principal business analyst salaries by experience level

Principal business analyst salary estimates from across the web

Based on the latest salary information compiled by Zippia, Salary.com, Glassdoor, Ziprecruiter and Comparably, the average salary for a principal business analyst typically falls between $98,986 and $164,903.
zippia
$115,081yearly
glassdoor[1]
$164,903yearly
comparably[2]
$124,395yearly
Salary.com[3]
$116,186yearly
ZipRecruiter[4]
$98,986yearly

Average principal business analyst salary by state

The average principal business analyst salary in Washington, California, and Massachusetts are the highest in the U.S. The lowest average principal business analyst salary states are Nevada, Mississippi, and North Dakota.

  • State view
  • County view
Average salary:

Highest paying states for principal business analysts

RankStateAvg. salaryHourly rate
1Washington$143,304$68.90
2New Jersey$125,016$60.10
3Wisconsin$120,040$57.71
4Connecticut$127,277$61.19
5Alaska$123,921$59.58
6District of Columbia$128,344$61.70
7Minnesota$119,550$57.48
8Massachusetts$129,087$62.06
9Illinois$119,488$57.45
10Delaware$117,458$56.47
11Maryland$122,415$58.85
12North Carolina$116,396$55.96
13Rhode Island$122,279$58.79
14Iowa$115,499$55.53
15Virginia$114,673$55.13
16Oregon$116,889$56.20
17California$133,333$64.10
18Michigan$113,153$54.40
19New York$120,558$57.96
20Texas$117,347$56.42
21Alabama$112,338$54.01
22South Dakota$110,536$53.14
23Kentucky$105,207$50.58
24Colorado$113,518$54.58
25Ohio$106,321$51.12
26Pennsylvania$103,570$49.79
27Georgia$111,777$53.74
28Missouri$104,160$50.08
29Utah$102,751$49.40
30Maine$109,825$52.80
31Kansas$100,563$48.35
32Vermont$103,664$49.84
33Arizona$102,917$49.48
34Indiana$103,027$49.53
35Nebraska$98,627$47.42
36Louisiana$105,386$50.67
37Montana$100,640$48.38
38South Carolina$106,107$51.01
39Tennessee$102,582$49.32
40Oklahoma$104,672$50.32
41Idaho$103,314$49.67
42New Hampshire$103,835$49.92
43Nevada$93,741$45.07
44Arkansas$86,605$41.64
45West Virginia$95,813$46.06
46Florida$97,098$46.68
47Wyoming$95,686$46.00
48New Mexico$87,976$42.30
49Hawaii$86,022$41.36
50Mississippi$92,920$44.67
51North Dakota$88,710$42.65

Highest paying cities for principal business analysts

The highest-paying cities for principal business analysts are Seattle, WA, Sacramento, CA, and Boston, MA.

RankCityAvg. salaryHourly rate
1Seattle, WA$143,821$69.14
2Sacramento, CA$142,447$68.48
3Boston, MA$129,133$62.08
4Ridgefield, CT$127,066$61.09
5Jersey City, NJ$125,264$60.22
6Providence, RI$122,278$58.79
7New York, NY$120,542$57.95
8Chicago, IL$120,037$57.71
9Rochester, MN$119,087$57.25
10Austin, TX$117,810$56.64
11Wilmington, DE$117,711$56.59
12Durham, NC$116,905$56.20
13Portland, OR$116,814$56.16
14Cedar Rapids, IA$116,675$56.09
15McLean, VA$115,543$55.55
16Detroit, MI$113,299$54.47
17Atlanta, GA$111,784$53.74
18Akron, OH$107,635$51.75
19Phoenix, AZ$103,159$49.60
20Tampa, FL$98,106$47.17

Principal business analyst salary details

A principal business analyst's salary ranges from $88,000 a year at the 10th percentile to $150,000 at the 90th percentile.

Average principal business analyst salary graph
Average principal business analyst salary graph, trends, and summary

What is a principal business analyst's salary?

PercentileAnnual salaryMonthly salaryHourly rate
90th Percentile$150,000$12,500$72
75th Percentile$132,000$11,000$63
Average$115,081$9,590$55
25th Percentile$99,000$8,250$48
10th Percentile$88,000$7,333$42

Highest paying principal business analyst jobs

The highest paying types of principal business analysts are lead business analyst, senior technical business analyst, and business systems senior analyst.

Job titleAnnual salaryMonthly salaryHourly rateJob openings
Analyst Lead$95,264$7,939$45.80122,353
Business Analyst/Project Manager$99,882$8,324$48.02173,827
Business Analyst/Quality Analyst$74,931$6,244$36.02168,145
Business Development Analyst$59,867$4,989$28.78185,387
Business Analyst-Consultant$90,127$7,511$43.33166,560
Business Operations Analyst$63,423$5,285$30.49208,754

How would you rate the starting salaries for principal business analysts, as well as the prospects for salary advancement?

Joel Stevenson

Founding Director USC Columbia Technology Incubator, Associate Director Faber Entrepreneurship Center, Senior Lecturer Entrepreneurship and Strategic Management, University of South Carolina

Don't know of a better starting salary than the one mentioned above-a lot of room for advancement.

Top companies hiring principal business analysts now:

  1. Mayo Clinic jobs (12)
  2. Google jobs (7)
  3. Boehringer Ingelheim jobs (15)
  4. Amgen jobs (10)
  5. Adobe jobs (9)

Which companies pay principal business analysts the most?

Principal business analyst salaries at Mayo Clinic and Meta are the highest-paying according to our most recent salary estimates. In addition, the average principal business analyst salary at companies like Genentech and Google are highly competitive.

RankCompanyAverage salaryHourly rate
1Mayo Clinic$152,324$73.23
2Meta$147,067$70.71
3Genentech$140,060$67.34
4Google$138,447$66.56
5Palo Alto Networks$135,841$65.31
6SoCalGas$134,707$64.76
7Fortinet$134,614$64.72
8Thoughtworks$134,472$64.65
9Anaplan$133,615$64.24
10Boehringer Ingelheim$130,557$62.77
11American Tower$130,188$62.59
12BNP Paribas$130,172$62.58
13Capgemini$129,711$62.36
14Parexel International$129,144$62.09
15ViacomCBS$128,628$61.84
16Hoffmann-LA Roche Inc$128,627$61.84
17Nomura Securities$127,603$61.35
18Vertex Pharmaceuticals$127,559$61.33
19Amgen$127,046$61.08
20Moderna$126,415$60.78

Wage gap by gender, race and education

$115,000$113,800$112,600$111,400$110,200$109,000
MaleFemale

Principal Business Analyst salary by industry

The average principal business analyst salary varies across industries:

  • The average principal business analyst salary in the pharmaceutical industry is $126,779, the highest of any industry.
  • The average principal business analyst salary in the finance industry is $108,555.
  • Principal business analysts in the finance industry earn an average salary of $92,358, the lowest of any industry.

Highest paying industries for principal business analysts

RankIndustryAverage salaryHourly rate
1Pharmaceutical$126,779$60.95
2Technology$108,555$52.19
3Manufacturing$106,409$51.16
4Internet$104,870$50.42
5Finance$92,358$44.40

High paying principal business analyst jobs

Principal business analyst salary trends

The average principal business analyst salary has risen by $12,038 over the last ten years. In 2014, the average principal business analyst earned $103,043 annually, but today, they earn $115,081 a year. That works out to a 8% change in pay for principal business analysts over the last decade.

Compare principal business analyst salaries for cities or states with the national average over time.

Average principal business analyst salary over time

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

Principal business analyst salary by year

YearAvg. salaryHourly rate% Change
2025$115,000$55.33+2.7%
2024$112,000$53.81+1.9%
2023$110,000$52.77+1.4%
2022$108,000$52.04+1.4%
2021$107,000$51.33+0.0%

Recently added principal business analyst salaries

Principal business analyst salary FAQs

Search for principal business analyst jobs

Browse business and financial jobs