Updated August 22, 2022

Average Senior Business Analyst Salary

$96,844yearly

To create our salary estimates, Zippia starts with data published in publicly available sources such as the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC) Show More
$46.56 hourly

Entry level Salary
$72,000 yearly
$72,000
10 %
$96,844
Median
$129,000
90 %

How much does a Senior Business Analyst make?

Senior business analysts make $96,844 per year on average, or $46.56 per hour, in the United States. Senior business analysts on the lower end of that spectrum, the bottom 10% to be exact, make roughly $72,000 a year, while the top 10% makes $129,000.

Location impacts how much a senior business analyst can expect to make. Senior business analysts make the most in California, Washington, New Jersey, New York, and Maryland.

Highest Paying States For Senior Business Analysts

The darker areas on the map show where senior business analysts earn the highest salaries across all 50 states.

  • State View
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Average Salary:

Senior Business Analyst average salary by State

Rank  State  Avg. Salary  Hourly Rate  Job Count  
1Nevada$92,379$44.41453
2California$114,680$55.133,846
3Washington$104,659$50.32930
4New Jersey$101,927$49.001,100
5Delaware$91,419$43.95228
6New York$100,416$48.281,856
7Virginia$92,448$44.451,631
8District of Columbia$98,704$47.45534
9Oregon$92,475$44.46611
10Ohio$84,863$40.801,892
11North Carolina$89,766$43.161,244
12Michigan$85,710$41.211,263
13Wisconsin$84,391$40.57942
14Pennsylvania$89,880$43.211,283
15Minnesota$85,647$41.181,398
16Maryland$97,181$46.72850
17South Carolina$86,636$41.65589
18Illinois$87,364$42.001,611
19New Hampshire$88,491$42.54173
20Massachusetts$88,329$42.471,293
21Connecticut$91,076$43.79396
22Arizona$86,633$41.65760
23Rhode Island$84,927$40.83166
24Tennessee$80,001$38.46969
25West Virginia$83,347$40.07186
26Iowa$81,258$39.07576
27Kentucky$79,538$38.24613
28Indiana$80,657$38.78988
29Montana$80,850$38.87230
30Texas$83,020$39.912,498
31Idaho$83,828$40.30168
32South Dakota$76,988$37.01204
33Kansas$77,867$37.44567
34Missouri$78,652$37.811,086
35Georgia$83,389$40.091,144
36Alaska$77,008$37.02183
37Arkansas$76,126$36.60466
38Nebraska$75,764$36.42438
39Utah$79,299$38.12380
40Louisiana$76,998$37.02444
41New Mexico$75,928$36.50322
42Mississippi$76,948$36.99238
43North Dakota$77,351$37.1988
44Alabama$75,005$36.06614
45Hawaii$77,005$37.02113
46Florida$78,294$37.641,826
47Oklahoma$75,614$36.35389
48Vermont$76,747$36.9093
49Wyoming$76,817$36.9354
50Colorado$76,967$37.00754
51Maine$77,344$37.18105

Highest Paying Cities For Senior Business Analysts

Rank  City  Avg. Salary  Hourly Rate  
1San Mateo, CA$124,616$59.91
2Seattle, WA$105,333$50.64
3Washington, NJ$103,380$49.70
4New York, NY$100,994$48.55
5Washington, DC$98,716$47.46
6Baltimore, MD$97,298$46.78
7McLean, VA$92,975$44.70
8Wilmington, DE$91,393$43.94
9Jacksonville, NC$91,290$43.89
10Philadelphia, PA$90,497$43.51
11Hartford, CT$89,907$43.22
12Boston, MA$88,157$42.38
13Chicago, IL$87,633$42.13
14Phoenix, AZ$86,732$41.70
15Minneapolis, MN$85,657$41.18

Here Are The Five Most In Demand Cities Right Now:

  1. San Mateo, CA
  2. Seattle, WA
  3. Washington, NJ
  4. New York, NY
  5. Washington, DC

Senior Business Analyst Salary Details

Average Senior Business Analyst Salary Graph
Average Senior Business Analyst Salary Graph, Trends, and Summary

What is a Senior Business Analyst's Salary?

Percentile  Annual Salary  Monthly Salary  Hourly Rate  
90th Percentile$129,000$10,750$62
75th Percentile$113,000$9,417$54
Average$96,844$8,070$47
25th Percentile$82,000$6,833$39
10th Percentile$72,000$6,000$35

Average Salary By Related Titles

Job Title  Annual Salary  Monthly Salary  Hourly Rate  Job Openings  
Analyst Lead$95,264$7,939$45.80122,353
Business Analyst/Quality Analyst$74,931$6,244$36.02168,145
Business Analyst/Project Manager$99,882$8,324$48.02173,827
Business Intelligence Analyst$80,249$6,687$38.58124,916
Business Analyst-Consultant$90,127$7,511$43.33166,560
Business Operations Analyst$63,423$5,285$30.49208,754

Here are the five companies hiring the most now:

  1. Citi Jobs (467)
  2. JPMorgan Chase & Co. Jobs (359)
  3. AIG Jobs (186)
  4. AT&T Jobs (164)
  5. CBRE Group Jobs (223)

Which Companies Pay Senior Business Analysts The Most?

The highest paying companies for senior business analysts are Meta and DLA Piper according to our most recent salary estimates. In addition, companies like Airbnb and Pacific Investment Management Company LLC report highly competitive wages for senior business analysts.
Rank  Company  Average Salary  Hourly Rate  Job Openings  
1Meta$154,697$74.371,061
2DLA Piper$151,533$72.8521
3Airbnb$149,573$71.911
4Pacific Investment Management Company LLC$147,969$71.141
5Mayo Clinic$147,302$70.8250
6Apple$145,705$70.05475
7Rivian$144,121$69.297
8Flexion Therapeutics$143,914$69.191
9Pure Storage$143,163$68.836
10ORIX USA$143,150$68.821
11NerdWallet$142,711$68.612
12Atlassian$142,499$68.5120
13Fundbox$142,312$68.42
14Shearman & Sterling$141,988$68.261
15Karma Automotive$141,648$68.10
16GoldenTree Asset Management$140,841$67.71
17Chegg$140,756$67.672
18First Republic Bank$140,668$67.6350
19NVIDIA$140,261$67.4312
20Vista Equity Partners$140,145$67.3820

How Much Do Senior Business Analysts Make In Different Industries?

Here are some examples of how much a senior business analyst salaries can based on different industries:

  1. The finance industry pays senior business analysts an average salary of $106,639

  2. The manufacturing industry pay $101,435

  3. The lowest paying industry for senior business analysts is the insurance industry. Senior business analysts in this industry earn an average salary of $85,596

Highest Paying Industries For Senior Business Analysts

Rank  Industry  Average Salary  Hourly Rate  
1Finance$106,639$51.27
2Manufacturing$101,435$48.77
3Health Care$99,257$47.72
4Technology$98,173$47.20
5Professional$93,745$45.07
6Insurance$85,596$41.15

High Paying Senior Business Analyst Jobs

Senior Business Analyst Salary Trends

Average Senior Business Analyst Salary Over Time

Compare salaries for individual cities or states with the national average.

    Senior Business Analyst Salary By Year

    Year  Avg. Salary  Hourly Rate  % Change  
    2022$96,800$46.56+3.3%
    2021$93,700$45.03+2.3%
    2020$91,500$44.01+1.9%
    2019$89,700$43.15+2.3%
    2018$87,700$42.17+1.5%

    Recently Added Senior Business Analyst Salaries

    Company  Job  Location  Date Added  Salary  
    Prudential Financial, Inc.Senior Business AnalystNewark, NJ07/26/2022$87,500
    GovcioBusiness Analyst (Senior)Fairfax, VA07/26/2022$105,000
    Edward JonesSR Business Analyst III, FINNiantic, IL07/26/2022$90,628
    BraintrustSenior Business AnalystSan Francisco, CA07/26/2022$156,525
    Edward JonesSR Business Analyst III, FINSaint Louis, MO07/26/2022$90,628
    PGIM Global Short Duration High Yield Fund, Inc.Senior Business AnalystNome, ND07/25/2022$87,500
    McKesson CorporationSR. Agile Business Analyst (Remote-USA)Nome, TX07/25/2022$95,000
    VOYA Financial Inc.Senior Business AnalystNoank, CT07/25/2022$76,430
    PGIM Global Short Duration High Yield Fund, Inc.Senior Business AnalystIone, WA07/25/2022$87,500
    VOYA Financial Inc.Senior Business Analyst, Health SolutionsNorthome, MN07/25/2022$79,490

    Senior Business Analyst Salaries FAQs

    What state pays Senior Business Analysts the most?

    California pays Senior Business Analysts the most in the United States, with an average salary of $114,680 per year, or $55.13 per hour.

    How do I know if I'm being paid fairly as a Senior Business Analyst?

    You know if you are being paid fairly as a Senior Business Analyst if your pay is close to the average pay for the state you live in. For example, if you live in Washington you should be paid close to $104,659 per year.

    What type of Senior Business Analyst gets paid the most?

    Lead Business Analyst gets paid the most. Lead Business Analyst made a median salary of $107,171. The best-paid 10 percent make $122,000, while the lowest-paid 10 percent make $93,000.

    What is a good starting salary for a Senior Business Analyst?

    A good starting salary for a senior business analyst is $74,000 in the United States. That puts you in the 10th percentile of annual income for a senior business analyst in the U.S., which is about what you would expect if you were new to the field. The average salary for senior business analysts is $97,084, but that normally requires some level of experience to achieve. Furthermore, a good starting salary for a senior business analyst can vary by state.

    How much does a senior business analyst at McKinsey make?

    A senior business analyst at McKinsey makes $101,277 per year. This amount is 15% lower than the average McKinsey & Company salary of $119,878 per year for this type of job. It's on par, however, with the national average for senior business analyst positions, which is $104,319 a year.

    What is the highest-paid business analyst?

    The highest-paid business analyst depends on company type, location, and title of position. For example, working at Accenture or Barclay in California would ear you substantially more than working at a small company in Florida, for example.

    Search For Senior Business Analyst Jobs