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The average salary for a Senior Research Analyst is $75,056 annually. This figure can fluctuate based on various factors, including location, experience, and industry. For example, states like California and New York often offer higher salaries due to the cost of living and demand for skilled professionals.
In addition to geographical differences, the industry significantly impacts earning potential. Analysts working in finance or technology typically see higher compensation compared to those in non-profit sectors. Job responsibilities also vary; analysts may engage in data gathering, statistical analysis, and reporting, influencing their salary range.
To enhance your career prospects, consider pursuing additional certifications or training that could lead to higher-paying positions. Networking within your industry and staying informed about job market trends can also provide valuable insights for advancing your career.
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The highest-paying states for senior research analysts are Washington, California, and New York. The lowest average senior research analyst salary states are Wyoming, Vermont, and West Virginia.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New Jersey | $87,913 | $42.27 |
| 2 | California | $89,124 | $42.85 |
| 3 | New York | $88,932 | $42.76 |
| 4 | Delaware | $79,690 | $38.31 |
| 5 | Texas | $78,822 | $37.90 |
| 6 | Minnesota | $75,784 | $36.43 |
| 7 | Michigan | $75,882 | $36.48 |
| 8 | Illinois | $76,540 | $36.80 |
| 9 | Pennsylvania | $71,019 | $34.14 |
| 10 | Connecticut | $79,671 | $38.30 |
| 11 | Washington | $104,663 | $50.32 |
| 12 | Oregon | $73,820 | $35.49 |
| 13 | District of Columbia | $80,110 | $38.51 |
| 14 | Colorado | $73,250 | $35.22 |
| 15 | Virginia | $72,610 | $34.91 |
| 16 | North Carolina | $71,247 | $34.25 |
| 17 | Georgia | $73,234 | $35.21 |
| 18 | Missouri | $69,495 | $33.41 |
| 19 | Ohio | $68,058 | $32.72 |
| 20 | Massachusetts | $71,577 | $34.41 |
| 21 | Tennessee | $67,149 | $32.28 |
| 22 | Maine | $67,509 | $32.46 |
| 23 | Rhode Island | $65,870 | $31.67 |
| 24 | South Dakota | $65,503 | $31.49 |
| 25 | Arkansas | $67,737 | $32.57 |
| 26 | Iowa | $66,169 | $31.81 |
| 27 | New Hampshire | $64,493 | $31.01 |
| 28 | Maryland | $67,008 | $32.22 |
| 29 | Wisconsin | $65,281 | $31.39 |
| 30 | Nevada | $66,635 | $32.04 |
| 31 | South Carolina | $66,428 | $31.94 |
| 32 | Indiana | $64,256 | $30.89 |
| 33 | Florida | $64,850 | $31.18 |
| 34 | Montana | $64,564 | $31.04 |
| 35 | Kansas | $64,280 | $30.90 |
| 36 | Hawaii | $62,042 | $29.83 |
| 37 | Oklahoma | $63,243 | $30.41 |
| 38 | Vermont | $60,239 | $28.96 |
| 39 | New Mexico | $62,019 | $29.82 |
| 40 | North Dakota | $62,470 | $30.03 |
| 41 | Utah | $60,842 | $29.25 |
| 42 | Nebraska | $62,027 | $29.82 |
| 43 | Kentucky | $62,895 | $30.24 |
| 44 | Alaska | $66,308 | $31.88 |
| 45 | Wyoming | $60,240 | $28.96 |
| 46 | Arizona | $57,461 | $27.63 |
| 47 | Alabama | $61,189 | $29.42 |
| 48 | Louisiana | $61,768 | $29.70 |
| 49 | West Virginia | $57,753 | $27.77 |
| 50 | Idaho | $56,293 | $27.06 |
| 51 | Mississippi | $56,755 | $27.29 |
The highest-paying cities for senior research analysts are Olympia, WA, San Francisco, CA, and New York, NY.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Olympia, WA | $106,097 | $51.01 |
| 2 | San Francisco, CA | $99,072 | $47.63 |
| 3 | New York, NY | $89,140 | $42.86 |
| 4 | Washington, DC | $80,139 | $38.53 |
| 5 | Stamford, CT | $79,986 | $38.45 |
| 6 | Wilmington, DE | $79,768 | $38.35 |
| 7 | Austin, TX | $79,156 | $38.06 |
| 8 | Chicago, IL | $76,653 | $36.85 |
| 9 | Minneapolis, MN | $75,797 | $36.44 |
| 10 | Salem, OR | $73,918 | $35.54 |
| 11 | Atlanta, GA | $73,288 | $35.23 |
| 12 | Denver, CO | $73,286 | $35.23 |
| 13 | Arlington, VA | $72,999 | $35.10 |
| 14 | Raleigh, NC | $71,621 | $34.43 |
| 15 | Boston, MA | $71,554 | $34.40 |
| 16 | Philadelphia, PA | $71,297 | $34.28 |
| 17 | Jefferson City, MO | $69,518 | $33.42 |
| 18 | Columbus, OH | $68,069 | $32.73 |
| 19 | Little Rock, AR | $67,792 | $32.59 |
| 20 | Baltimore, MD | $67,107 | $32.26 |
A senior research analyst's salary ranges from $57,000 a year at the 10th percentile to $98,000 at the 90th percentile.

| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $98,000 | $8,167 | $47 |
| 75th Percentile | $86,000 | $7,167 | $41 |
| Average | $75,056 | $6,255 | $36 |
| 25th Percentile | $65,000 | $5,417 | $31 |
| 10th Percentile | $57,000 | $4,750 | $27 |
The highest paying types of senior research analysts are research director, research leader, and analyst lead.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Analyst Sales | $69,093 | $5,758 | $33.22 | 77,023 |
| Analyst Lead | $95,264 | $7,939 | $45.80 | 122,353 |
| Analyst | $73,007 | $6,084 | $35.10 | 253,138 |
| Pricing Analyst | $64,168 | $5,347 | $30.85 | 73,462 |
| Research Director | $108,875 | $9,073 | $52.34 | 51,298 |
| Market Researcher | $52,309 | $4,359 | $25.15 | 23,734 |
How would you rate the starting salaries for senior research analysts, as well as the prospects for salary advancement?
Heather Tanner Ph.D.
Associate Professor, The Ohio State University
Top companies hiring senior research analysts now:
Senior research analyst salaries at JPMorgan Chase & Co. and BNY Mellon are the highest-paying according to our most recent salary estimates. In addition, the average senior research analyst salary at companies like The Brattle Group and Netflix are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | JPMorgan Chase & Co. | $164,175 | $78.93 |
| 2 | BNY Mellon | $153,303 | $73.70 |
| 3 | The Brattle Group | $152,048 | $73.10 |
| 4 | Netflix | $145,352 | $69.88 |
| 5 | Apple | $141,180 | $67.88 |
| 6 | Microsoft | $140,253 | $67.43 |
| 7 | State Street | $136,022 | $65.40 |
| 8 | Merrill Lynch | $135,771 | $65.27 |
| 9 | Neuberger Berman | $135,709 | $65.24 |
| 10 | Forest Investment Associates | $135,585 | $65.19 |
| 11 | Twilio | $133,545 | $64.20 |
| 12 | BGC Partners | $133,086 | $63.98 |
| 13 | Chime | $132,028 | $63.48 |
| 14 | Barclays | $131,369 | $63.16 |
| 15 | Ford Motor | $130,424 | $62.70 |
| 16 | Mayo Clinic | $129,234 | $62.13 |
| 17 | Hedge Fund | $128,997 | $62.02 |
| 18 | Bunge | $128,712 | $61.88 |
| 19 | Workday | $127,753 | $61.42 |
| 20 | Calamos Investments | $126,946 | $61.03 |
The average senior research analyst salary varies across industries:
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Finance | $110,757 | $53.25 |
| 2 | Real Estate | $99,455 | $47.81 |
| 3 | Pharmaceutical | $93,180 | $44.80 |
| 4 | Technology | $91,534 | $44.01 |
| 5 | Media | $90,801 | $43.65 |
| 6 | Professional | $74,030 | $35.59 |
The average senior research analyst salary has risen by $6,341 over the last ten years. In 2014, the average senior research analyst earned $68,715 annually, but today, they earn $75,056 a year. That works out to a 5% change in pay for senior research analysts over the last decade.
Compare senior research analyst salaries for cities or states with the national average over time.
Compare senior research analyst salaries for individual cities or states with the national average.
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $75,100 | $36.08 | +3.1% |
| 2024 | $72,800 | $34.98 | +1.1% |
| 2023 | $72,000 | $34.61 | -0.2% |
| 2022 | $72,100 | $34.67 | +1.1% |
| 2021 | $71,300 | $34.30 | +0.7% |
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Russell Investments | Senior Research Analyst | Milwaukee, WI | 06/28/2025 | $130,000 |
| Oregon | Senior Research Analyst, Research Analyst 4, Multiple Positions! (Salem/Hybrid) | House, NM | 06/28/2025 | $73,452 |
| Russell Investments | Senior Research Analyst | New York, NY | 06/27/2025 | $130,000 |
| Invesco | SR. Quant Analyst, Investment Research | Newport Beach, CA | 06/27/2025 | $140,000 |
| Clark Insurance | Oliver Wyman-Senior Research Analyst (Finance & Risk) | New York, NY | 06/27/2025 | $85,000 |
| Rim Russell Investment Management | Senior Research Analyst | Fine, NY | 06/27/2025 | $130,000 |
| Comcast | SR. Research Insights Analyst | Willow Grove, PA | 06/26/2025 | $78,235 |
| Comcast | SR. Research Insights Analyst | Fine, NY | 06/25/2025 | $78,235 |
| Comcast | SR. Research Insights Analyst | Downe, NJ | 06/25/2025 | $78,235 |
| CSU | Senior Research Analyst for Academic and Student Affairs | Ione, CA | 06/25/2025 | $122,832 |
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