Average Salary
$74,440
Average Salary
Job Growth Rate
14%
Job Growth Rate
Job Openings
107,802
Job Openings

Product Analyst Careers

A product analyst performs market research on new products and projects the costs. They later go on to launch strategies based on their analysis. Product analysts are responsible for coming up with marketing strategies for a product and monitoring its performance in the market.

Product analysts are essential when a company is releasing a new product or making changes to an existing one. A successful product analyst possesses written and verbal communication skills, analytical abilities, and are up-to-date on prevailing industry news. Product analysts work closely with other departments, such as marketing, finance, and IT, to execute their work efficiently.

Product analysts work 40 hours a week, from Monday to Friday. Their role is very demanding and it might require them to work late evenings and weekends occasionally.

There is more than meets the eye when it comes to being a product analyst. For example, did you know that they make an average of $35.79 an hour? That's $74,440 a year!

Between 2018 and 2028, the career is expected to grow 14% and produce 118,300 job opportunities across the U.S.

What Does a Product Analyst Do

There are certain skills that many product 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 interpersonal skills, problem-solving skills and time-management skills.

When it comes to the most important skills required to be a product analyst, we found that a lot of resumes listed 8.0% of product analysts included user interface, while 7.0% of resumes included business process, and 6.2% of resumes included tableau. 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 product analyst job title. But what industry to start with? Most product analysts actually find jobs in the technology and finance industries.

How To Become a Product Analyst

If you're interested in becoming a product analyst, one of the first things to consider is how much education you need. We've determined that 73.5% of product analysts have a bachelor's degree. In terms of higher education levels, we found that 14.7% of product analysts have master's degrees. Even though most product analysts 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 product analyst. When we researched the most common majors for a product analyst, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on product analyst resumes include associate degree degrees or high school diploma degrees.

You may find that experience in other jobs will help you become a product analyst. In fact, many product analyst jobs require experience in a role such as business analyst. Meanwhile, many product analysts also have previous career experience in roles such as internship or customer service representative.

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Average Salary
$74,440
Average Salary
Job Growth Rate
14%
Job Growth Rate
Job Openings
107,802
Job Openings

Product Analyst Career Paths

Top Careers Before Product Analyst

Top Careers After Product Analyst

Product Analyst Jobs You Might Like

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 Product Analyst

Product Analysts in America make an average salary of $74,440 per year or $36 per hour. The top 10 percent makes over $102,000 per year, while the bottom 10 percent under $54,000 per year.
Average Salary
$74,440
Find Your Salary Estimate
How much should you be earning as an Architect? Use Zippia's Salary Calculator to get an estimation of how much you should be earning.

Best Paying Cities For Product Analysts

City
ascdesc
Average Salarydesc
Seattle, WA
Salary Range71k - 110k$89k$88,582
San Francisco, CA
Salary Range61k - 105k$81k$80,502
Reston, VA
Salary Range62k - 100k$79k$79,398
Jersey City, NJ
Salary Range62k - 101k$79k$79,189
New York, NY
Salary Range60k - 98k$77k$77,389
Wilmington, DE
Salary Range58k - 93k$74k$73,861
Bowie, MD
Salary Range57k - 92k$73k$72,890
Chapel Hill, NC
Salary Range57k - 90k$72k$72,129
Boston, MA
Salary Range53k - 87k$69k$68,613
Chicago, IL
Salary Range54k - 85k$68k$68,125
Coppell, TX
Salary Range50k - 84k$65k$65,450
Omaha, NE
Salary Range51k - 79k$64k$63,725
Columbus, OH
Salary Range49k - 78k$62k$62,444
Alpharetta, GA
Salary Range45k - 74k$58k$58,106
Tampa, FL
Salary Range32k - 64k$46k$45,671
$32k
$110k

Recently Added Salaries

CompanyascdescCompanyascdescStart DateascdescSalaryascdesc
Cloud Business Product Analyst
Splunk
08/05/2021
$75,00008/05/2021
Product Analyst-Telecommute
Unitedhealth Group
08/05/2021
$53,30008/05/2021
Cloud Business Product Analyst
Splunk
08/05/2021
$75,00008/05/2021
Cloud Business Product Analyst
Splunk
08/05/2021
$75,00008/05/2021
Product Analyst-Telecommute
Unitedhealth Group
08/05/2021
$53,30008/05/2021
See More Recent Salaries

Calculate your salary

Use Zippia's Salary Calculator to see how your pay matches up.

Product 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 Product Analyst. If you're needing extra inspiration, take a look through our selection of templates that are specific to your job.

Learn How To Write a Product Analyst Resume

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

View Product Analyst Resume Examples And Templates

Product Analyst Demographics

Gender

male

50.3 %

female

43.7 %

unknown

6.1 %

Ethnicity

White

70.9 %

Asian

13.1 %

Hispanic or Latino

7.0 %

Foreign Languages Spoken

Spanish

42.4 %

French

8.2 %

Korean

7.0 %
Show More Product Analyst Demographics

Product Analyst Education

Majors

Business
29.3 %
Finance
9.9 %

Degrees

Bachelors

73.5 %

Masters

14.7 %

Associate

8.1 %

Top Colleges for Product Analysts

1. University of Georgia

Athens, GA • Private

In-State Tuition
$11,830
Enrollment
29,474

2. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

3. University of Wisconsin - Madison

Madison, WI • Private

In-State Tuition
$10,555
Enrollment
30,360

4. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

5. University of Maryland - College Park

College Park, MD • Private

In-State Tuition
$10,595
Enrollment
30,184

6. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-State Tuition
$14,760
Enrollment
31,451

7. Ball State University

Muncie, IN • Private

In-State Tuition
$9,896
Enrollment
15,529

8. Purdue University

West Lafayette, IN • Private

In-State Tuition
$9,992
Enrollment
33,495

9. Howard University

Washington, DC • Private

In-State Tuition
$26,756
Enrollment
6,166

10. Texas State University

San Marcos, TX • Private

In-State Tuition
$10,280
Enrollment
34,187
Show More Product Analyst Education Requirements

Online Courses For Product Analyst That You May Like

Business analysis & Scrum with JIRA for Software development
udemy
4.1
(1,118)

Become a great business analyst, product owner & scrum master with JIRA & Confluence. Business analysis & Scrum course...

Business Analyst: Software Testing Processes & Techniques
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4.5
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Reduce project bugs with repeatable testing processes. Learn to create test cases, scenarios, track defects, & more!...

Plan the Project as a Business Analyst
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Increase your value as a Business Analyst by learning how to plan projects successfully without a Project Manager...

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Job type you want
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Part Time
Internship
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Top Skills For a Product 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, 8.0% of product analysts listed user interface on their resume, but soft skills such as interpersonal skills and problem-solving skills are important as well.

Best States For a Product Analyst

Some places are better than others when it comes to starting a career as a product analyst. The best states for people in this position are Washington, New Jersey, Virginia, and New York. Product analysts make the most in Washington with an average salary of $87,542. Whereas in New Jersey and Virginia, they would average $79,401 and $78,568, respectively. While product analysts would only make an average of $76,746 in New York, 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. Virginia

Total Product Analyst Jobs:
3,325
Highest 10% Earn:
$121,000
Location Quotient:
1.74
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. District of Columbia

Total Product Analyst Jobs:
931
Highest 10% Earn:
$130,000
Location Quotient:
2.73
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. Delaware

Total Product Analyst Jobs:
313
Highest 10% Earn:
$115,000
Location Quotient:
1.23
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
Full List Of Best States For Product Analysts

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Top Product Analyst Employers

We've made finding a great employer to work for easy by doing the hard work for you. We looked into employers that employ product analysts and discovered their number of product analyst opportunities and average salary. Through our research, we concluded that Bank of America was the best, especially with an average salary of $83,461. Facebook follows up with an average salary of $103,258, and then comes eClinicalWorks with an average of $77,579. In addition, we know most people would rather work from home. So instead of having to change careers, we identified the best employers for remote work as a product analyst. The employers include Experian, Availity, and Apex Systems

1. Bank of America
4.8
Avg. Salary: 
$83,461
Product Analysts Hired: 
82+
2. Facebook
4.9
Avg. Salary: 
$103,258
Product Analysts Hired: 
72+
3. eClinicalWorks
4.5
Avg. Salary: 
$77,579
Product Analysts Hired: 
49+
4. Google
4.8
Avg. Salary: 
$124,353
Product Analysts Hired: 
48+
5. Uber Technologies
4.8
Avg. Salary: 
$117,656
Product Analysts Hired: 
48+
6. Visa
4.8
Avg. Salary: 
$72,956
Product Analysts Hired: 
45+

Product Analyst Videos

Updated August 18, 2021