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Business functional analyst salary
Average business functional analyst salary
$89,264
Understanding Business Functional Analyst Salaries
The role of a Business Functional Analyst is critical in bridging the gap between business needs and technological solutions. As of October 2025, the average annual salary for this position stands at $89,264. Salaries can range significantly based on experience, industry, and location. For example, analysts in high-demand sectors such as finance and technology often earn salaries at the higher end of this spectrum.
States like California and New York typically offer the highest pay, reflecting the cost of living and competition for skilled professionals. Major cities, including San Francisco and New York City, are known for providing lucrative opportunities, with average salaries exceeding $100,000.
Additionally, possessing specialized skills such as data analysis and project management can lead to higher compensation packages. As the demand for skilled analysts continues to grow, those entering the field can expect competitive salaries and career advancement opportunities.
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Where can a Business Functional Analyst earn more?
Average business functional analyst salary by state
The average business functional analyst salary in California, Washington, and Oregon are the highest in the U.S. The lowest average business functional analyst salary states are Florida, Georgia, and South Carolina.
- State view
- County view
Highest paying states for business functional analysts
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Oregon | $103,214 | $49.62 |
| 2 | Rhode Island | $92,622 | $44.53 |
| 3 | Massachusetts | $102,982 | $49.51 |
| 4 | California | $108,411 | $52.12 |
| 5 | Nevada | $86,090 | $41.39 |
| 6 | Montana | $86,278 | $41.48 |
| 7 | Washington | $106,377 | $51.14 |
| 8 | District of Columbia | $95,279 | $45.81 |
| 9 | West Virginia | $94,774 | $45.56 |
| 10 | Louisiana | $90,109 | $43.32 |
| 11 | Iowa | $86,781 | $41.72 |
| 12 | Delaware | $88,697 | $42.64 |
| 13 | Oklahoma | $90,611 | $43.56 |
| 14 | Maryland | $97,441 | $46.85 |
| 15 | Illinois | $89,400 | $42.98 |
| 16 | New York | $93,407 | $44.91 |
| 17 | Michigan | $81,977 | $39.41 |
| 18 | New Mexico | $81,951 | $39.40 |
| 19 | Indiana | $81,441 | $39.15 |
| 20 | Arizona | $86,796 | $41.73 |
| 21 | New Hampshire | $87,825 | $42.22 |
| 22 | New Jersey | $87,484 | $42.06 |
| 23 | Virginia | $83,494 | $40.14 |
| 24 | Ohio | $77,428 | $37.23 |
| 25 | North Carolina | $82,187 | $39.51 |
| 26 | Vermont | $81,200 | $39.04 |
| 27 | South Dakota | $75,116 | $36.11 |
| 28 | Alabama | $78,269 | $37.63 |
| 29 | Utah | $78,695 | $37.83 |
| 30 | Missouri | $77,148 | $37.09 |
| 31 | Arkansas | $74,119 | $35.63 |
| 32 | North Dakota | $79,457 | $38.20 |
| 33 | Alaska | $73,946 | $35.55 |
| 34 | Wisconsin | $74,872 | $36.00 |
| 35 | Tennessee | $73,860 | $35.51 |
| 36 | Pennsylvania | $77,958 | $37.48 |
| 37 | Connecticut | $80,058 | $38.49 |
| 38 | Texas | $78,530 | $37.75 |
| 39 | Maine | $79,468 | $38.21 |
| 40 | Minnesota | $71,439 | $34.35 |
| 41 | Kentucky | $71,236 | $34.25 |
| 42 | Idaho | $77,737 | $37.37 |
| 43 | Kansas | $66,513 | $31.98 |
| 44 | Wyoming | $75,997 | $36.54 |
| 45 | Nebraska | $66,339 | $31.89 |
| 46 | South Carolina | $68,314 | $32.84 |
| 47 | Colorado | $72,116 | $34.67 |
| 48 | Florida | $70,132 | $33.72 |
| 49 | Mississippi | $70,473 | $33.88 |
| 50 | Hawaii | $63,297 | $30.43 |
| 51 | Georgia | $69,339 | $33.34 |
Highest paying cities for business functional analysts
The highest-paying cities for business functional analysts are Palo Alto, CA, Seattle, WA, and Needham, MA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Palo Alto, CA | $118,705 | $57.07 |
| 2 | Seattle, WA | $106,699 | $51.30 |
| 3 | Needham, MA | $103,061 | $49.55 |
| 4 | Glen Burnie, MD | $97,599 | $46.92 |
| 5 | Washington, DC | $95,244 | $45.79 |
| 6 | New York, NY | $93,734 | $45.06 |
| 7 | Jersey City, NJ | $87,680 | $42.15 |
| 8 | Arlington, VA | $84,423 | $40.59 |
| 9 | Detroit, MI | $82,148 | $39.49 |
| 10 | Indianapolis, IN | $81,226 | $39.05 |
| 11 | Charlotte, NC | $81,092 | $38.99 |
| 12 | Hartford, CT | $79,914 | $38.42 |
| 13 | Austin, TX | $78,773 | $37.87 |
| 14 | Philadelphia, PA | $78,575 | $37.78 |
| 15 | Saint Louis, MO | $77,331 | $37.18 |
| 16 | Columbus, OH | $77,315 | $37.17 |
| 17 | Milwaukee, WI | $74,950 | $36.03 |
| 18 | Denver, CO | $71,909 | $34.57 |
| 19 | Saint Paul, MN | $71,488 | $34.37 |
| 20 | Boca Raton, FL | $69,601 | $33.46 |
Business functional analyst salary details
A business functional analyst's salary ranges from $65,000 a year at the 10th percentile to $122,000 at the 90th percentile.
What is a business functional analyst's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $122,000 | $10,167 | $59 |
| 75th Percentile | $105,000 | $8,750 | $50 |
| Average | $89,264 | $7,439 | $43 |
| 25th Percentile | $75,000 | $6,250 | $36 |
| 10th Percentile | $65,000 | $5,417 | $31 |
Highest paying business functional analyst jobs
The highest paying types of business functional analysts are functional lead, lead business analyst, and senior technical business analyst.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Analyst Lead | $95,264 | $7,939 | $45.80 | 122,353 |
| Implementation Analyst | $82,268 | $6,856 | $39.55 | 108,170 |
| Business Analyst/Project Manager | $99,882 | $8,324 | $48.02 | 173,827 |
| Functional Lead | $113,422 | $9,452 | $54.53 | 33,917 |
| Contractor-Business Analyst | $87,402 | $7,283 | $42.02 | 147,698 |
| Business Analyst-Consultant | $90,127 | $7,511 | $43.33 | 166,560 |
Top companies hiring business functional analysts now:
Which companies pay business functional analysts the most?
Business functional analyst salaries at The Children's Place and Deutsche Bank are the highest-paying according to our most recent salary estimates. In addition, the average business functional analyst salary at companies like Dialogic Corp. and Amundi are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | The Children's Place | $117,252 | $56.37 |
| 2 | Deutsche Bank | $113,666 | $54.65 |
| 3 | Dialogic Corp. | $113,172 | $54.41 |
| 4 | Amundi | $110,161 | $52.96 |
| 5 | I.T. Consortium | $105,510 | $50.73 |
| 6 | National Railroad Passenger Corporation | $105,038 | $50.50 |
| 7 | Dexcom | $104,959 | $50.46 |
| 8 | Transatlantic Holdings, Inc. | $103,488 | $49.75 |
| 9 | Randstad North America, Inc. | $101,587 | $48.84 |
| 10 | Sherpa | $100,611 | $48.37 |
| 11 | Revenera | $97,978 | $47.10 |
| 12 | Front | $97,879 | $47.06 |
| 13 | CSW Industrials | $96,820 | $46.55 |
| 14 | Inspectorate Sharp Global Corporation (isg) | $96,820 | $46.55 |
| 15 | Datapoint Corp | $96,820 | $46.55 |
| 16 | GeBBS Consulting | $96,569 | $46.43 |
| 17 | Ocean State Job Lot | $96,120 | $46.21 |
| 18 | General Dynamics Mission Systems | $95,977 | $46.14 |
| 19 | Solution IT | $95,203 | $45.77 |
| 20 | DIVERSANT | $94,996 | $45.67 |
Wage gap by gender, race and education
Business Functional Analyst salary by industry
The average business functional analyst salary varies across industries:
- The average business functional analyst salary in the finance industry is $101,993, the highest of any industry.
- The average business functional analyst salary in the finance industry is $98,844.
- Business functional analysts in the professional industry earn an average salary of $76,296, the lowest of any industry.
Highest paying industries for business functional analysts
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Finance | $101,993 | $49.04 |
| 2 | Health Care | $98,844 | $47.52 |
| 3 | Media | $93,163 | $44.79 |
| 4 | Technology | $91,308 | $43.90 |
| 5 | Transportation | $90,574 | $43.55 |
| 6 | Professional | $76,296 | $36.68 |
High paying business functional analyst jobs
Business functional analyst salary trends
The average business functional analyst salary has risen by $14,374 over the last ten years. In 2014, the average business functional analyst earned $74,890 annually, but today, they earn $89,264 a year. That works out to a 8% change in pay for business functional analysts over the last decade.
Compare business functional analyst salaries for cities or states with the national average over time.
Average business functional analyst salary over time
Compare business functional analyst salaries for individual cities or states with the national average.
Business functional analyst salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $89,300 | $42.92 | +3.3% |
| 2024 | $86,300 | $41.50 | +2.3% |
| 2023 | $84,400 | $40.56 | +0.5% |
| 2022 | $83,900 | $40.35 | +1.2% |
| 2021 | $82,900 | $39.87 | +1.6% |
Recently added business functional analyst salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| CGI Group Inc. | HRM Functional/Business Analyst | Henderson, NV | 06/27/2025 | $62,700 |
| CGI Group Inc. | HRM Functional/Business Analyst | Lafayette, LA | 06/27/2025 | $62,700 |
| CGI Group Inc. | HRM Functional/Business Analyst | Knoxville, TN | 06/27/2025 | $62,700 |
| Deutsche Bank | Chief Data Officer-Senior Business Functional Analyst-Vice President | Cary, NC | 06/22/2025 | $125,000 |
| Freddie Mac | Service NOW Functional Business Analyst (Application Support Senior) | McLean, VA | 06/17/2025 | $107,000 |
| Assured Guaranty | Peoplesoft Functional Business Analyst | New York, NY | 06/09/2025 | $115,000 |
| CGI | Functional/Business Analyst-Help Desk | Fairfax, VA | 05/24/2025 | $54,400 |
| Deutsche Bank | Business Functional Analyst-Assistant Vice President | Cary, NC | 05/19/2025 | $100,000 |
| Capgemini | Workday Finance Functional SME | New York, NY | 05/10/2025 | $135,000 |
| Employment Group | Functional Business Analyst | Grand Rapids, MI | 04/26/2025 | $100,000 |
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