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As of October 2025, the average salary for an Industrial Analyst in the United States is $69,648 annually, which equates to around $33 per hour. Salaries can vary based on factors such as geographic location, years of experience, and industry sector.
Entry-level positions may start at approximately $54,000, while seasoned professionals can earn upwards of $85,000. This variance highlights how experience significantly impacts salary potential in this field.
States such as California, Texas, and New York offer the highest salaries for Industrial Analysts, reflecting the demand for skilled professionals in competitive job markets. In California, for instance, the average salary might reach $80,000 or more, driven by the tech and manufacturing sectors.
Understanding these salary trends is vital for those entering or advancing in this profession. By leveraging this information, candidates can negotiate better compensation and align their career goals with industry standards.
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The average industrial analyst salary in New York, Washington, and Massachusetts are the highest in the U.S. The lowest average industrial analyst salary states are Hawaii, Oklahoma, and Mississippi.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | District of Columbia | $104,904 | $50.43 |
| 2 | New York | $93,779 | $45.09 |
| 3 | Washington | $90,072 | $43.30 |
| 4 | Massachusetts | $86,374 | $41.53 |
| 5 | Connecticut | $81,519 | $39.19 |
| 6 | Virginia | $76,153 | $36.61 |
| 7 | Rhode Island | $77,589 | $37.30 |
| 8 | Oregon | $81,228 | $39.05 |
| 9 | North Carolina | $77,035 | $37.04 |
| 10 | Delaware | $71,844 | $34.54 |
| 11 | Illinois | $72,296 | $34.76 |
| 12 | Minnesota | $75,664 | $36.38 |
| 13 | New Jersey | $77,306 | $37.17 |
| 14 | Maryland | $73,189 | $35.19 |
| 15 | Wisconsin | $71,190 | $34.23 |
| 16 | Michigan | $72,425 | $34.82 |
| 17 | Pennsylvania | $71,710 | $34.48 |
| 18 | Colorado | $69,537 | $33.43 |
| 19 | Vermont | $68,912 | $33.13 |
| 20 | Utah | $65,423 | $31.45 |
| 21 | California | $68,949 | $33.15 |
| 22 | Ohio | $65,046 | $31.27 |
| 23 | New Hampshire | $68,756 | $33.06 |
| 24 | Alaska | $65,286 | $31.39 |
| 25 | Maine | $67,585 | $32.49 |
| 26 | Georgia | $64,359 | $30.94 |
| 27 | South Dakota | $66,930 | $32.18 |
| 28 | Nevada | $65,068 | $31.28 |
| 29 | Alabama | $61,865 | $29.74 |
| 30 | Idaho | $63,617 | $30.59 |
| 31 | Missouri | $65,303 | $31.40 |
| 32 | Nebraska | $62,605 | $30.10 |
| 33 | Texas | $60,569 | $29.12 |
| 34 | Kentucky | $63,659 | $30.61 |
| 35 | Iowa | $62,130 | $29.87 |
| 36 | Tennessee | $61,000 | $29.33 |
| 37 | Wyoming | $57,363 | $27.58 |
| 38 | West Virginia | $60,940 | $29.30 |
| 39 | Arizona | $56,450 | $27.14 |
| 40 | Hawaii | $51,647 | $24.83 |
| 41 | Montana | $60,402 | $29.04 |
| 42 | South Carolina | $59,636 | $28.67 |
| 43 | North Dakota | $55,340 | $26.61 |
| 44 | Indiana | $55,502 | $26.68 |
| 45 | Kansas | $56,610 | $27.22 |
| 46 | Florida | $48,414 | $23.28 |
| 47 | Louisiana | $56,623 | $27.22 |
| 48 | Arkansas | $41,803 | $20.10 |
| 49 | New Mexico | $50,117 | $24.09 |
| 50 | Oklahoma | $50,944 | $24.49 |
| 51 | Mississippi | $50,872 | $24.46 |
The highest-paying cities for industrial analysts are Washington, DC, New York, NY, and Bellevue, WA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Washington, DC | $104,881 | $50.42 |
| 2 | New York, NY | $93,878 | $45.13 |
| 3 | Bellevue, WA | $90,629 | $43.57 |
| 4 | Boston, MA | $86,401 | $41.54 |
| 5 | Westport, CT | $81,314 | $39.09 |
| 6 | San Francisco, CA | $78,926 | $37.95 |
| 7 | Arlington, VA | $78,410 | $37.70 |
| 8 | Minnetonka, MN | $75,482 | $36.29 |
| 9 | Charlotte, NC | $75,191 | $36.15 |
| 10 | Rockville, MD | $72,903 | $35.05 |
| 11 | Chicago, IL | $72,816 | $35.01 |
| 12 | Detroit, MI | $72,618 | $34.91 |
| 13 | Pittsburgh, PA | $70,102 | $33.70 |
| 14 | Denver, CO | $69,513 | $33.42 |
| 15 | Cleveland, OH | $66,941 | $32.18 |
| 16 | Ballwin, MO | $65,743 | $31.61 |
| 17 | South Jordan, UT | $65,627 | $31.55 |
| 18 | Atlanta, GA | $64,915 | $31.21 |
| 19 | Irving, TX | $61,456 | $29.55 |
| 20 | Indianapolis, IN | $54,992 | $26.44 |
An industrial analyst's salary ranges from $46,000 a year at the 10th percentile to $105,000 at the 90th percentile.

| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $105,000 | $8,750 | $50 |
| 75th Percentile | $86,000 | $7,167 | $41 |
| Average | $69,648 | $5,804 | $33 |
| 25th Percentile | $56,000 | $4,667 | $27 |
| 10th Percentile | $46,000 | $3,833 | $22 |
The highest paying types of industrial analysts are staff analyst, senior analyst, and technical business analyst.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Tax Preparer | $51,020 | $4,252 | $24.53 | 41,736 |
| Analyst Internship | $38,569 | $3,214 | $18.54 | 103,723 |
| Market Analyst Internship | $63,476 | $5,290 | $30.52 | 73,684 |
| Business Analyst Internship | $45,560 | $3,797 | $21.90 | 157,977 |
| Technical Business Analyst | $81,757 | $6,813 | $39.31 | 203,686 |
| Process Analyst | $73,233 | $6,103 | $35.21 | 123,238 |
Top companies hiring industrial analysts now:
Industrial analyst salaries at The Citadel and Federal Energy Regulatory Commission are the highest-paying according to our most recent salary estimates. In addition, the average industrial analyst salary at companies like Google and MUFG EMEA are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | The Citadel | $146,280 | $70.33 |
| 2 | Federal Energy Regulatory Commission | $127,930 | $61.50 |
| 3 | $118,984 | $57.20 | |
| 4 | MUFG EMEA | $110,807 | $53.27 |
| 5 | JPMorgan Chase & Co. | $106,609 | $51.25 |
| 6 | Wellington Management | $103,096 | $49.57 |
| 7 | Barclays | $102,617 | $49.34 |
| 8 | J.P. Morgan | $102,354 | $49.21 |
| 9 | College for Creative Studies | $92,106 | $44.28 |
| 10 | Oracle | $86,941 | $41.80 |
| 11 | Wargaming | $85,052 | $40.89 |
| 12 | iSuppli | $81,821 | $39.34 |
| 13 | Burns & McDonnell | $75,606 | $36.35 |
| 14 | Comcast | $75,590 | $36.34 |
| 15 | Grandbridge Real Estate Capital | $74,602 | $35.87 |
| 16 | Regions Bank | $74,570 | $35.85 |
| 17 | Wellington Group | $74,142 | $35.65 |
| 18 | The Gryphon | $72,953 | $35.07 |
| 19 | Vistex | $72,695 | $34.95 |
| 20 | SGS | $72,500 | $34.86 |
The average industrial analyst salary has risen by $7,286 over the last ten years. In 2014, the average industrial analyst earned $62,362 annually, but today, they earn $69,648 a year. That works out to a 8% change in pay for industrial analysts over the last decade.
Compare industrial analyst salaries for cities or states with the national average over time.
Compare industrial analyst salaries for individual cities or states with the national average.
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $69,600 | $33.48 | +2.7% |
| 2025 | $67,700 | $32.57 | +1.9% |
| 2024 | $66,400 | $31.94 | +1.4% |
| 2023 | $65,500 | $31.49 | +1.4% |
| 2022 | $64,600 | $31.07 | +0.0% |
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Stifel | IB Analyst-Industrials | New York, NY | 06/26/2025 | $110,000 |
| Bureau Veritas | Industrial Hygiene Analyst I-Lake | Lake Zurich, IL | 05/29/2025 | $45,914 |
| American Express | Resy-Analyst Strategic Partnerships & Industry | New York, NY | 05/28/2025 | $55,000 |
| Truist Bank | Specialized Industries-Sponsor Coverage Analyst II | Atlanta, GA | 05/10/2025 | $105,000 |
| Spencer Stuart | Analyst, Industrial Practice | Chicago, IL | 04/28/2025 | $65,000 |
| Capstone Investment Advisors | Fundamental Industrials Analyst | New York, NY | 04/28/2025 | $150,000 |
| Stifel | IB Analyst-Industrials | Baltimore, MD | 04/04/2025 | $110,000 |
| Deutsche Bank | IB-Origination & Advisory-Banker-Industrials-Analyst/Vice President | Columbus, NY | 03/30/2025 | $110,000 |
| Spencer Stuart | Analyst, Industrial Practice | Chicago, IL | 03/28/2025 | $65,000 |
| Capstoneinvestmentadvisors | Fundamental Industrials Analyst | New York, NY | 03/26/2025 | $150,000 |
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