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The average salary for a Commercial Analyst in the United States stands at $83,036 annually. Factors influencing this figure include location, years of experience, and industry sector. For instance, analysts in high-demand regions or those with specialized skills may earn significantly more.
Commercial Analysts in states such as California and New York report some of the highest salaries, often exceeding $100,000, reflecting the cost of living and demand for skilled analysts in these areas. Conversely, states with lower costs of living may offer salaries around $70,000.
Industries such as finance, healthcare, and technology typically offer higher salaries for Commercial Analysts. Analysts in these sectors not only enjoy competitive salaries but also opportunities for career advancement and professional development.
For aspiring Commercial Analysts, understanding these salary dynamics is essential. By tailoring skills and focusing on high-paying industries and regions, professionals can enhance their career trajectories and earning potential.
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The highest-paying states for commercial analysts are New York, California, and Connecticut. The lowest average commercial analyst salary states are Mississippi, Idaho, and Arkansas.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $99,938 | $48.05 |
| 2 | Delaware | $90,508 | $43.51 |
| 3 | Connecticut | $90,602 | $43.56 |
| 4 | Massachusetts | $90,416 | $43.47 |
| 5 | District of Columbia | $90,972 | $43.74 |
| 6 | California | $92,544 | $44.49 |
| 7 | Nevada | $90,096 | $43.32 |
| 8 | Virginia | $83,631 | $40.21 |
| 9 | New Jersey | $88,047 | $42.33 |
| 10 | New Hampshire | $90,501 | $43.51 |
| 11 | Ohio | $82,201 | $39.52 |
| 12 | North Carolina | $81,921 | $39.39 |
| 13 | Maryland | $82,466 | $39.65 |
| 14 | Rhode Island | $82,451 | $39.64 |
| 15 | Vermont | $88,411 | $42.51 |
| 16 | Oregon | $82,088 | $39.47 |
| 17 | Pennsylvania | $81,134 | $39.01 |
| 18 | Alabama | $75,619 | $36.36 |
| 19 | Wyoming | $80,784 | $38.84 |
| 20 | Texas | $73,521 | $35.35 |
| 21 | Washington | $79,700 | $38.32 |
| 22 | Arizona | $72,043 | $34.64 |
| 23 | Georgia | $72,590 | $34.90 |
| 24 | Michigan | $74,250 | $35.70 |
| 25 | Tennessee | $70,371 | $33.83 |
| 26 | Maine | $77,219 | $37.12 |
| 27 | West Virginia | $72,385 | $34.80 |
| 28 | Colorado | $65,773 | $31.62 |
| 29 | Illinois | $63,816 | $30.68 |
| 30 | Florida | $67,050 | $32.24 |
| 31 | North Dakota | $63,392 | $30.48 |
| 32 | Hawaii | $65,570 | $31.52 |
| 33 | Iowa | $67,719 | $32.56 |
| 34 | Utah | $62,919 | $30.25 |
| 35 | Montana | $67,753 | $32.57 |
| 36 | Kansas | $65,547 | $31.51 |
| 37 | Minnesota | $63,541 | $30.55 |
| 38 | South Dakota | $63,521 | $30.54 |
| 39 | Kentucky | $63,850 | $30.70 |
| 40 | South Carolina | $63,359 | $30.46 |
| 41 | Arkansas | $56,092 | $26.97 |
| 42 | Wisconsin | $61,921 | $29.77 |
| 43 | Missouri | $60,927 | $29.29 |
| 44 | Nebraska | $60,825 | $29.24 |
| 45 | New Mexico | $62,561 | $30.08 |
| 46 | Alaska | $57,752 | $27.77 |
| 47 | Mississippi | $57,285 | $27.54 |
| 48 | Idaho | $56,362 | $27.10 |
| 49 | Indiana | $49,315 | $23.71 |
| 50 | Louisiana | $55,687 | $26.77 |
| 51 | Oklahoma | $55,731 | $26.79 |
The highest-paying cities for commercial analysts are New York, NY, San Francisco, CA, and Hartford, CT.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York, NY | $100,029 | $48.09 |
| 2 | San Francisco, CA | $99,417 | $47.80 |
| 3 | Hartford, CT | $90,700 | $43.61 |
| 4 | Wilmington, DE | $90,673 | $43.59 |
| 5 | Boston, MA | $90,602 | $43.56 |
| 6 | Arlington, VA | $85,033 | $40.88 |
| 7 | Raleigh, NC | $83,176 | $39.99 |
| 8 | Columbus, OH | $81,126 | $39.00 |
| 9 | Seattle, WA | $80,195 | $38.56 |
| 10 | Austin, TX | $74,281 | $35.71 |
| 11 | Kingsport, TN | $72,590 | $34.90 |
| 12 | Atlanta, GA | $72,483 | $34.85 |
| 13 | Tampa, FL | $67,863 | $32.63 |
| 14 | Wichita, KS | $65,706 | $31.59 |
| 15 | Denver, CO | $65,520 | $31.50 |
| 16 | Chicago, IL | $63,998 | $30.77 |
| 17 | Minneapolis, MN | $63,546 | $30.55 |
| 18 | Salt Lake City, UT | $62,553 | $30.07 |
| 19 | Milwaukee, WI | $62,098 | $29.85 |
| 20 | Saint Louis, MO | $61,562 | $29.60 |
A commercial analyst's salary ranges from $60,000 a year at the 10th percentile to $114,000 at the 90th percentile.

| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $114,000 | $9,500 | $55 |
| 75th Percentile | $98,000 | $8,167 | $47 |
| Average | $83,036 | $6,920 | $40 |
| 25th Percentile | $70,000 | $5,833 | $34 |
| 10th Percentile | $60,000 | $5,000 | $29 |
The highest paying types of commercial analysts are investment associate, credit risk analyst, and product analyst.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Analyst Internship | $38,569 | $3,214 | $18.54 | 103,723 |
| Analyst Sales | $69,093 | $5,758 | $33.22 | 77,023 |
| Business Process Analyst | $78,215 | $6,518 | $37.60 | 160,260 |
| Business Development Analyst | $59,867 | $4,989 | $28.78 | 185,387 |
| Finance Analyst | $69,887 | $5,824 | $33.60 | 138,600 |
| Program Management Analyst | $79,266 | $6,605 | $38.11 | 179,486 |
Top companies hiring commercial analysts now:
Commercial analyst salaries at Meta and BP America Inc are the highest-paying according to our most recent salary estimates. In addition, the average commercial analyst salary at companies like BMO Capital Markets and Boston Consulting Group are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Meta | $133,902 | $64.38 |
| 2 | BP America Inc | $121,262 | $58.30 |
| 3 | BMO Capital Markets | $112,646 | $54.16 |
| 4 | Boston Consulting Group | $102,595 | $49.32 |
| 5 | ConocoPhillips | $102,503 | $49.28 |
| 6 | Okta | $102,446 | $49.25 |
| 7 | Novartis | $102,307 | $49.19 |
| 8 | AbbVie | $101,926 | $49.00 |
| 9 | Citi | $101,727 | $48.91 |
| 10 | Bayer | $101,548 | $48.82 |
| 11 | Chevron | $100,312 | $48.23 |
| 12 | Calpine | $99,835 | $48.00 |
| 13 | AstraZeneca | $99,116 | $47.65 |
| 14 | J.P. Morgan | $99,021 | $47.61 |
| 15 | Buckeye Partners | $97,610 | $46.93 |
| 16 | JPMorgan Chase & Co. | $95,959 | $46.13 |
| 17 | Marathon Oil | $95,066 | $45.70 |
| 18 | Eastman | $94,263 | $45.32 |
| 19 | Koch Industries | $92,559 | $44.50 |
| 20 | Alaska Airlines | $91,509 | $43.99 |
The average commercial analyst salary varies across industries:
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Energy | $87,925 | $42.27 |
| 2 | Pharmaceutical | $85,637 | $41.17 |
| 3 | Manufacturing | $83,457 | $40.12 |
| 4 | Media | $81,413 | $39.14 |
| 5 | Telecommunication | $80,128 | $38.52 |
| 6 | Transportation | $80,088 | $38.50 |
| 7 | Finance | $77,949 | $37.48 |
| 8 | Government | $70,015 | $33.66 |
The average commercial analyst salary has risen by $15,772 over the last ten years. In 2014, the average commercial analyst earned $67,264 annually, but today, they earn $83,036 a year. That works out to a 7% change in pay for commercial analysts over the last decade.
Compare commercial analyst salaries for cities or states with the national average over time.
Compare commercial analyst salaries for individual cities or states with the national average.
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $83,000 | $39.92 | +1.8% |
| 2024 | $81,600 | $39.22 | +2.9% |
| 2023 | $79,200 | $38.08 | +0.3% |
| 2022 | $79,000 | $37.96 | +1.9% |
| 2021 | $77,500 | $37.24 | +0.4% |
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| BMO Bank N.A | Commercial Analyst Development Program-Newport Beach/La (NEW Grad) | Newport Beach, CA | 06/28/2025 | $52,800 |
| Expedia | Senior Commercial Analyst | Seattle, WA | 06/27/2025 | $112,000 |
| Lockheed Martin Corporation | Commercial Item Analyst (Hybrid Telework) | Moorestown, NJ | 06/26/2025 | $77,700 |
| Lockheed Martin | Commercial Item Analyst (Hybrid Telework) | Noank, CT | 06/26/2025 | $89,300 |
| Aspen Skiing Company, L.L.C | Commercial Services Analyst-Aspen Hospitality | Denver, CO | 06/25/2025 | $75,000 |
| Zones, LLC | International Commercial Analyst | Seattle, WA | 06/25/2025 | $104,350 |
| On Location Events | Analyst, Commercial Strategy | New York, NY | 06/21/2025 | $63,750 |
| Situsamc | Analyst, Commercial Real Estate Warehouse Line Origination | New York, NY | 06/20/2025 | $100,000 |
| Pepsico | Commercial Insights Analyst-Pbus | Rogers, AR | 06/18/2025 | $69,900 |
| Keybank National Association | Commercial Analyst | Albany, NY | 06/11/2025 | $100,000 |
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