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A Functional Analyst is crucial in aligning technology solutions with business objectives. With an average salary of $96,841 as of October 2025, this role offers competitive pay across various industries. Salaries typically range between $80,000 and $120,000, influenced by factors such as experience, education, and geographical location.
In terms of industry, sectors like finance, healthcare, and technology tend to offer higher compensation. For instance, a Functional Analyst in finance may earn upwards of $110,000 annually. Additionally, locations such as San Francisco and New York often provide salaries exceeding the national average due to the high cost of living and demand for skilled professionals.
To improve salary prospects, consider enhancing your skills in data analysis, project management, and relevant software tools. Continuous professional development can lead to more significant opportunities and higher-paying roles. Explore job boards and company websites to find openings that match your qualifications and salary expectations.
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The highest-paying states for functional analysts are New Mexico, California, and Nevada. The lowest average functional analyst salary states are North Dakota, South Dakota, and Vermont.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | California | $119,289 | $57.35 |
| 2 | Arizona | $109,601 | $52.69 |
| 3 | Utah | $100,611 | $48.37 |
| 4 | Colorado | $104,767 | $50.37 |
| 5 | Nevada | $111,530 | $53.62 |
| 6 | New Mexico | $120,072 | $57.73 |
| 7 | Washington | $111,162 | $53.44 |
| 8 | Alabama | $107,390 | $51.63 |
| 9 | Oregon | $99,009 | $47.60 |
| 10 | Texas | $95,507 | $45.92 |
| 11 | Florida | $96,221 | $46.26 |
| 12 | Pennsylvania | $96,031 | $46.17 |
| 13 | Ohio | $93,480 | $44.94 |
| 14 | North Carolina | $93,203 | $44.81 |
| 15 | Maryland | $97,271 | $46.76 |
| 16 | Hawaii | $96,532 | $46.41 |
| 17 | Virginia | $89,903 | $43.22 |
| 18 | Minnesota | $92,798 | $44.61 |
| 19 | Connecticut | $90,471 | $43.50 |
| 20 | New York | $90,764 | $43.64 |
| 21 | New Jersey | $90,127 | $43.33 |
| 22 | District of Columbia | $89,383 | $42.97 |
| 23 | Arkansas | $87,069 | $41.86 |
| 24 | Nebraska | $87,011 | $41.83 |
| 25 | Oklahoma | $90,103 | $43.32 |
| 26 | Illinois | $88,013 | $42.31 |
| 27 | Missouri | $89,646 | $43.10 |
| 28 | Idaho | $88,173 | $42.39 |
| 29 | Iowa | $88,508 | $42.55 |
| 30 | Tennessee | $86,638 | $41.65 |
| 31 | Louisiana | $88,040 | $42.33 |
| 32 | Delaware | $85,413 | $41.06 |
| 33 | Wisconsin | $84,414 | $40.58 |
| 34 | Mississippi | $86,657 | $41.66 |
| 35 | Massachusetts | $84,687 | $40.71 |
| 36 | South Carolina | $87,080 | $41.87 |
| 37 | Wyoming | $85,113 | $40.92 |
| 38 | Rhode Island | $82,040 | $39.44 |
| 39 | Kansas | $83,023 | $39.91 |
| 40 | Montana | $84,315 | $40.54 |
| 41 | West Virginia | $83,276 | $40.04 |
| 42 | Georgia | $83,397 | $40.09 |
| 43 | Alaska | $76,048 | $36.56 |
| 44 | Vermont | $78,483 | $37.73 |
| 45 | Kentucky | $82,189 | $39.51 |
| 46 | Indiana | $81,339 | $39.11 |
| 47 | North Dakota | $80,729 | $38.81 |
| 48 | Michigan | $81,687 | $39.27 |
| 49 | New Hampshire | $78,383 | $37.68 |
| 50 | South Dakota | $78,942 | $37.95 |
| 51 | Maine | $78,418 | $37.70 |
The highest-paying cities for functional analysts are Mountain View, CA, Olympia, WA, and Phoenix, AZ.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Mountain View, CA | $121,655 | $58.49 |
| 2 | Olympia, WA | $112,738 | $54.20 |
| 3 | Phoenix, AZ | $110,359 | $53.06 |
| 4 | Englewood, CO | $104,583 | $50.28 |
| 5 | Baltimore, MD | $97,358 | $46.81 |
| 6 | Philadelphia, PA | $96,567 | $46.43 |
| 7 | Irving, TX | $95,647 | $45.98 |
| 8 | Boca Raton, FL | $95,046 | $45.70 |
| 9 | Cleveland, OH | $93,593 | $45.00 |
| 10 | Durham, NC | $93,496 | $44.95 |
| 11 | Minneapolis, MN | $92,848 | $44.64 |
| 12 | New York, NY | $91,090 | $43.79 |
| 13 | Edison, NJ | $90,290 | $43.41 |
| 14 | Arlington, VA | $90,048 | $43.29 |
| 15 | Washington, DC | $89,397 | $42.98 |
| 16 | Chicago, IL | $88,117 | $42.36 |
| 17 | Omaha, NE | $86,714 | $41.69 |
| 18 | Atlanta, GA | $83,140 | $39.97 |
A functional analyst's salary ranges from $71,000 a year at the 10th percentile to $131,000 at the 90th percentile.

| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $131,000 | $10,917 | $63 |
| 75th Percentile | $113,000 | $9,417 | $54 |
| Average | $96,841 | $8,070 | $47 |
| 25th Percentile | $82,000 | $6,833 | $39 |
| 10th Percentile | $71,000 | $5,917 | $34 |
The highest paying types of functional analysts are functional lead, senior technical analyst, and oracle functional consultant.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Business Analyst/Quality Analyst | $74,931 | $6,244 | $36.02 | 168,145 |
| Analyst Lead | $95,264 | $7,939 | $45.80 | 122,353 |
| Business Intelligence Analyst | $80,249 | $6,687 | $38.58 | 124,916 |
| Systems Analyst | $75,383 | $6,282 | $36.24 | 141,289 |
| GIS Analyst | $63,718 | $5,310 | $30.63 | 49,491 |
| Analyst | $73,007 | $6,084 | $35.10 | 253,138 |
Top companies hiring functional analysts now:
Functional analyst salaries at Apple and Costco Wholesale are the highest-paying according to our most recent salary estimates. In addition, the average functional analyst salary at companies like Amazon and Expedia Group are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Apple | $141,925 | $68.23 |
| 2 | Costco Wholesale | $138,579 | $66.62 |
| 3 | Amazon | $135,574 | $65.18 |
| 4 | Expedia Group | $132,507 | $63.71 |
| 5 | Zulily | $132,460 | $63.68 |
| 6 | Nike | $129,509 | $62.26 |
| 7 | Ticketmaster | $128,817 | $61.93 |
| 8 | Starbucks | $128,522 | $61.79 |
| 9 | Maine Health/maine Mental Health Partners | $128,274 | $61.67 |
| 10 | NVIDIA | $128,010 | $61.54 |
| 11 | Fresh Direct Holdings Inc | $127,216 | $61.16 |
| 12 | Walgreens | $126,456 | $60.80 |
| 13 | Key Food | $125,351 | $60.26 |
| 14 | BJ's Wholesale Club | $125,247 | $60.21 |
| 15 | C&S Wholesale Grocers | $124,442 | $59.83 |
| 16 | Port of Seattle | $124,413 | $59.81 |
| 17 | Juniper Networks | $123,930 | $59.58 |
| 18 | Apollo Professional Solutions | $123,823 | $59.53 |
| 19 | TEAM | $123,595 | $59.42 |
| 20 | Apple American Group | $122,372 | $58.83 |
The average functional analyst salary varies across industries:
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Retail | $121,923 | $58.62 |
| 2 | Finance | $104,079 | $50.04 |
| 3 | Automotive | $103,212 | $49.62 |
| 4 | Manufacturing | $102,834 | $49.44 |
| 5 | Technology | $102,041 | $49.06 |
| 6 | Professional | $86,816 | $41.74 |
The average functional analyst salary has risen by $15,595 over the last ten years. In 2014, the average functional analyst earned $81,246 annually, but today, they earn $96,841 a year. That works out to a 8% change in pay for functional analysts over the last decade.
Compare functional analyst salaries for cities or states with the national average over time.
Compare functional analyst salaries for individual cities or states with the national average.
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $96,800 | $46.56 | +3.3% |
| 2024 | $93,600 | $45.02 | +2.3% |
| 2023 | $91,500 | $44.00 | +0.5% |
| 2022 | $91,000 | $43.77 | +1.2% |
| 2021 | $90,000 | $43.25 | +1.6% |
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Arrow Electronics | Oracle ERP Techno-Functional Analyst | Reno, NV | 06/30/2025 | $84,500 |
| McAfee Security | Workday Financials Functional Analyst (Financial & Adaptive)-Hybrid | Frisco, TX | 06/30/2025 | $93,370 |
| Search | SAP Iwm/Ewm Functional Analyst | Saint Louis, MO | 06/29/2025 | $84,900 |
| ZP Group | Peoplesoft Functional Analyst | Herndon, VA | 06/29/2025 | $110,000 |
| Booz Allen Hamilton Inc. | Technical Functional Analyst | Washington, DC | 06/28/2025 | $62,000 |
| T-Mobile Usa | Analyst, Functional | Overland Park, KS | 06/27/2025 | $65,700 |
| T-Mobile | Analyst, Functional | Frisco, TX | 06/27/2025 | $65,700 |
| Inceed | SAP Functional Analyst | Kansas City, KS | 06/27/2025 | $135,655 |
| BWX Technologies Inc. | SAP Pspp Functional Analyst | Lynchburg, VA | 06/26/2025 | $85,000 |
| Lighthouse Technology Services | SAP Customer To Cash Functional Analyst | Charlotte, NC | 06/26/2025 | $104,350 |
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