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Business analyst salary
Average business analyst salary
$74,431
Average Business Analyst Salary
The average business analyst salary in the United States is $74,431 per year or around $36 per hour. This figure can vary based on a variety of factors including geographical location, industry, and years of experience. For instance, business analysts in metropolitan areas often earn more due to the higher cost of living and demand for skilled professionals.
Highest Paying States for Business Analysts
States like California, New York, and Washington typically offer higher salaries for business analysts, reflecting the concentration of major corporations and tech companies. In contrast, areas with lower living costs may offer salaries that align with local economic conditions.
Job Opportunities and Growth
The demand for business analysts is increasing, driven by the need for data-driven decision-making across various sectors. Companies are looking for professionals who can analyze data trends to inform strategies, making this an attractive career path for those with analytical skills.
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Where can a Business Analyst earn more?
Business analyst salary estimates from across the web
Average business analyst salary by state
The highest-paying states for business analysts are Washington, California, and Oregon. The lowest average business analyst salary states are Alabama, Oklahoma, and Mississippi.
- State view
- County view
Highest paying states for business analysts
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Nevada | $75,193 | $36.15 |
| 2 | Oregon | $81,847 | $39.35 |
| 3 | Washington | $88,037 | $42.33 |
| 4 | New Jersey | $80,764 | $38.83 |
| 5 | Ohio | $71,786 | $34.51 |
| 6 | California | $86,674 | $41.67 |
| 7 | Minnesota | $72,454 | $34.83 |
| 8 | New Hampshire | $78,640 | $37.81 |
| 9 | Delaware | $73,928 | $35.54 |
| 10 | Michigan | $71,692 | $34.47 |
| 11 | District of Columbia | $76,569 | $36.81 |
| 12 | New York | $77,463 | $37.24 |
| 13 | Pennsylvania | $73,549 | $35.36 |
| 14 | Wisconsin | $70,198 | $33.75 |
| 15 | Virginia | $72,957 | $35.08 |
| 16 | North Carolina | $72,446 | $34.83 |
| 17 | Iowa | $69,896 | $33.60 |
| 18 | Kentucky | $68,867 | $33.11 |
| 19 | Rhode Island | $72,289 | $34.75 |
| 20 | Connecticut | $77,066 | $37.05 |
| 21 | Indiana | $69,432 | $33.38 |
| 22 | Maryland | $76,826 | $36.94 |
| 23 | Arizona | $71,894 | $34.56 |
| 24 | Illinois | $72,776 | $34.99 |
| 25 | Montana | $69,195 | $33.27 |
| 26 | South Dakota | $67,644 | $32.52 |
| 27 | Massachusetts | $72,540 | $34.88 |
| 28 | Nebraska | $67,854 | $32.62 |
| 29 | Idaho | $72,596 | $34.90 |
| 30 | Kansas | $67,666 | $32.53 |
| 31 | Alaska | $69,616 | $33.47 |
| 32 | South Carolina | $69,251 | $33.29 |
| 33 | Tennessee | $66,022 | $31.74 |
| 34 | Missouri | $66,979 | $32.20 |
| 35 | Utah | $68,404 | $32.89 |
| 36 | West Virginia | $66,415 | $31.93 |
| 37 | Arkansas | $64,416 | $30.97 |
| 38 | Wyoming | $67,260 | $32.34 |
| 39 | Colorado | $68,170 | $32.77 |
| 40 | Texas | $66,686 | $32.06 |
| 41 | New Mexico | $64,584 | $31.05 |
| 42 | Alabama | $63,465 | $30.51 |
| 43 | North Dakota | $66,221 | $31.84 |
| 44 | Georgia | $66,837 | $32.13 |
| 45 | Vermont | $66,511 | $31.98 |
| 46 | Louisiana | $62,102 | $29.86 |
| 47 | Mississippi | $62,421 | $30.01 |
| 48 | Oklahoma | $62,585 | $30.09 |
| 49 | Maine | $64,214 | $30.87 |
| 50 | Florida | $61,057 | $29.35 |
| 51 | Hawaii | $57,267 | $27.53 |
Highest paying cities for business analysts
The highest-paying cities for business analysts are Mountain View, CA, Seattle, WA, and Washington, NJ.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Mountain View, CA | $91,966 | $44.21 |
| 2 | Seattle, WA | $88,529 | $42.56 |
| 3 | Washington, NJ | $81,060 | $38.97 |
| 4 | New York, NY | $77,893 | $37.45 |
| 5 | Washington, DC | $76,558 | $36.81 |
| 6 | Hartford, CT | $76,558 | $36.81 |
| 7 | Wilmington, DE | $73,976 | $35.57 |
| 8 | Philadelphia, PA | $73,972 | $35.56 |
| 9 | McLean, VA | $73,886 | $35.52 |
| 10 | Chicago, IL | $72,961 | $35.08 |
| 11 | Jacksonville, NC | $72,704 | $34.95 |
| 12 | Bloomington, MN | $72,518 | $34.86 |
| 13 | Boston, MA | $72,421 | $34.82 |
| 14 | Phoenix, AZ | $72,092 | $34.66 |
| 15 | Columbus, OH | $71,698 | $34.47 |
| 16 | Washington, MI | $71,680 | $34.46 |
| 17 | Richmond, IN | $69,804 | $33.56 |
| 18 | Bellevue, NE | $68,075 | $32.73 |
| 19 | Saint Louis, MO | $67,561 | $32.48 |
| 20 | Alpharetta, GA | $67,262 | $32.34 |
Business Analysts are the most in-demand in these five cities:
Business analyst salary details
A business analyst's salary ranges from $53,000 a year at the 10th percentile to $103,000 at the 90th percentile.
What is a business analyst's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $103,000 | $8,583 | $50 |
| 75th Percentile | $88,000 | $7,333 | $42 |
| Average | $74,431 | $6,203 | $36 |
| 25th Percentile | $62,000 | $5,167 | $30 |
| 10th Percentile | $53,000 | $4,417 | $25 |
Highest paying business analyst jobs
The highest paying types of business analysts are lead business analyst, senior technical business analyst, and business systems senior analyst.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Technical Analyst | $74,045 | $6,170 | $35.60 | 190,370 |
| Developer Analyst | $85,279 | $7,107 | $41.00 | 219,524 |
| Business Analyst/Quality Analyst | $74,931 | $6,244 | $36.02 | 168,145 |
| Business Analyst/Project Manager | $99,882 | $8,324 | $48.02 | 173,827 |
| Systems Analyst | $75,383 | $6,282 | $36.24 | 141,289 |
| Business Intelligence Analyst | $80,249 | $6,687 | $38.58 | 124,916 |
Top companies hiring business analysts now:
Which companies pay business analysts the most?
Business analyst salaries at The Citadel and Bunge are the highest-paying according to our most recent salary estimates. In addition, the average business analyst salary at companies like ICE Mortgage Technology and Meta are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | The Citadel | $146,891 | $70.62 |
| 2 | Bunge | $129,370 | $62.20 |
| 3 | ICE Mortgage Technology | $128,671 | $61.86 |
| 4 | Meta | $128,267 | $61.67 |
| 5 | Apple | $127,963 | $61.52 |
| 6 | Safeway | $127,372 | $61.24 |
| 7 | Fundbox | $127,186 | $61.15 |
| 8 | Pacific Investment Management Company LLC | $126,082 | $60.62 |
| 9 | $126,080 | $60.62 | |
| 10 | NVIDIA | $125,618 | $60.39 |
| 11 | Putnam Investments | $125,141 | $60.16 |
| 12 | Relationship Science | $125,035 | $60.11 |
| 13 | AEA Investors | $124,914 | $60.05 |
| 14 | NerdWallet | $124,591 | $59.90 |
| 15 | Cambridge Associates | $124,498 | $59.85 |
| 16 | $124,383 | $59.80 | |
| 17 | Western Digital | $124,287 | $59.75 |
| 18 | Centerbridge Partners | $124,118 | $59.67 |
| 19 | ORIX USA | $123,209 | $59.24 |
| 20 | PayPal | $123,086 | $59.18 |
Wage gap by gender, race and education
Business Analyst salary by industry
The average business analyst salary varies across industries:
- The average business analyst salary in the finance industry is $91,354, the highest of any industry.
- The average business analyst salary in the finance industry is $86,016.
- Business analysts in the insurance industry earn an average salary of $78,837, the lowest of any industry.
Highest paying industries for business analysts
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Finance | $91,354 | $43.92 |
| 2 | Health Care | $86,016 | $41.35 |
| 3 | Manufacturing | $85,976 | $41.33 |
| 4 | Technology | $84,709 | $40.73 |
| 5 | Telecommunication | $79,860 | $38.39 |
| 6 | Professional | $79,537 | $38.24 |
| 7 | Insurance | $78,837 | $37.90 |
High paying business analyst jobs
Business analyst salary trends
The average business analyst salary has risen by $12,184 over the last ten years. In 2014, the average business analyst earned $62,247 annually, but today, they earn $74,431 a year. That works out to a 10% change in pay for business analysts over the last decade.
Compare business analyst salaries for cities or states with the national average over time.
Average business analyst salary over time
Compare business analyst salaries for individual cities or states with the national average.
Business analyst salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $74,400 | $35.78 | +3.3% |
| 2024 | $72,000 | $34.60 | +2.3% |
| 2023 | $70,300 | $33.82 | +1.9% |
| 2022 | $69,000 | $33.16 | +2.3% |
| 2021 | $67,400 | $32.41 | +1.5% |
Recently added business analyst salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Costar Group | Business Analyst, Costar Risk Analytics | Boston, MA | 06/30/2025 | $75,000 |
| F5 Networks | Business Systems Analyst III-Oracle SMC | Seattle, WA | 06/30/2025 | $106,376 |
| F5 Networks | Business Systems Analyst III-Oracle PIM | Tower, MN | 06/30/2025 | $106,376 |
| WGL Holdings | WGL Energy-Business Analyst | Baltimore, MD | 06/30/2025 | $65,000 |
| Aristocrat | Business Analyst | Las Vegas, NV | 06/30/2025 | $84,000 |
| Axos Bank | Business Analyst II | San Diego, CA | 06/30/2025 | $68,000 |
| Axos Bank | Salesforce Business Analyst | Centennial, CO | 06/30/2025 | $68,000 |
| Contact Government Services | Business Analyst | Cheyenne, WY | 06/30/2025 | $102,891 |
| Byline Bank | Business Analyst | Schaumburg, IL | 06/29/2025 | $86,000 |
| Huntington | CSC Business Analyst Supervisor | Columbus, OH | 06/29/2025 | $73,000 |
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