Business Analyst salary

Q: What state pays Business Analysts the most?

Washington pays Business Analysts the most in the United States, with an average salary of $88,037 per year, or $42.33 per hour.

Q: How do I know if I'm being paid fairly as a Business Analyst?

You know if you are being paid fairly as a Business Analyst if your pay is close to the average pay for the state you live in. For example, if you live in California you should be paid close to $86,674 per year.

Q: How many vacation days do business analysts get?

The number of vacation days business analysts get varies greatly depending on the specific company and country, but on average, they typically receive between 10 to 20 days annually. The exact number of vacation days for business analysts can differ based on certain factors.

Q: What is a good starting salary for a Business Analyst?

A good starting salary for a business analyst is $60,000 in the United States. That puts you in the 10th percentile of annual income for a business analyst in the U.S., which is about what you would expect if you were new to the field. The average salary for business analysts is $80,312, but that normally requires some level of experience to achieve. Furthermore, a good starting salary for a business analyst can vary by state.

Q: Do business analysts get paid well?

Yes, business analysts get paid well . A business analyst earns an average of $82,343 a year ($40 per hour), however, some specialized business analysts can make upward of $110,000 ($52 per hour) a year (e.g., business systems consultant). An entry-level position starts at $56,000 ($27 per hour).

Q: Is a business analyst a high-paying job?

Yes, being a business analyst is a high-paying job . The median annual salary for a business analyst is $94,000. With that said, business analyst salaries vary depending on educational and on-the-job experience and where the job is located.

Quoted Expert

Prof. Randi Priluck

Average business analyst salary

$74,431

$35.78 hourly rate

Entry-level business analyst salary

$53,000 yearly salary

Updated June 25, 2024

How much does a business analyst make?

The average business analyst salary in the United States is $74,431. Business analyst salaries typically range between $53,000 and $103,000 yearly. The average hourly rate for business analysts is $35.78 per hour. Business analyst salary is impacted by location, education, and experience. Business analysts earn the highest average salary in Washington.

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Business analyst salary by:

Where can a Business Analyst earn more?

Compare salary by location

117k

97k

77k

57k

37k

Ashburn, VA$91,966

Alpharetta, GA$67,262

Compare salary by company

173k

153k

133k

113k

93k

The Citadel$146,891

PayPal$123,086

Business Analyst salary estimates from across the web

Based on the latest salary information compiled by Zippia, Salary.com, Indeed, Glassdoor, Ziprecruiter, SalaryExpert, Comparably and CareerExplorer, the average salary for a business analyst typically falls between $74,431 and $104,246.

zippia

$74,431yearly

glassdoor[1]

$87,820yearly

indeed[2]

$84,502yearly

comparably[3]

$93,516yearly

Salary.com[4]

$104,246yearly

ZipRecruiter[5]

$98,986yearly

SalaryExpert[6]

$102,972yearly

CareerExplorer[7]

$93,000yearly

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

Average Salary:

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

Top business analyst jobs near you

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.

Average Business Analyst Salary Graph, Trends, and Summary

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	Google	$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	Twitter	$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

$75,000$74,000$73,000$72,000$71,000$70,000

MaleFemale

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
2024	$74,400	$35.78	+3.3%
2023	$72,000	$34.60	+2.3%
2022	$70,300	$33.82	+1.9%
2021	$69,000	$33.16	+2.3%
2020	$67,400	$32.41	+1.5%

Recently added business analyst salaries

Company	Job	Location	Date Added	Salary
Capgemini America Inc.	Business Systems Analyst 2	East Brunswick, NJ	12/03/2023	$95,514
Capgemini America Inc.	Business Systems Analyst 2	Columbia, SC	12/02/2023	$67,954
Amazon.com Services LLC	Business Analyst II	Seattle, WA	12/01/2023	$113,090
Amazon.com Services LLC	Business Analyst II	Nashville, TN	12/01/2023	$76,752
Amazon Development Center U.S., Inc.	Business Analyst II	Dallas, TX	12/01/2023	$115,000
Amazon.com Services LLC	Business Analyst I	Seattle, WA	12/01/2023	$90,438
Citibank, N.A.	Business Analyst Safe ACT	Jersey City, NJ	12/01/2023	$145,000
Illumina, Inc.	Staff Business Systems Analyst	San Diego, CA	12/01/2023	$130,000
Micron Technology, Inc.	Business Analyst 4	San Jose, CA	12/01/2023	$144,000
Fallon Community Health Plan, Inc.	Principal Business Systems Analyst	Worcester, MA	12/01/2023	$125,000