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The differences between senior product analysts and product analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a senior product analyst, becoming a product analyst takes usually requires 2-4 years. Additionally, a senior product analyst has an average salary of $95,351, which is higher than the $79,316 average annual salary of a product analyst.
The top three skills for a senior product analyst include SQL, tableau and project management. The most important skills for a product analyst are tableau, data analysis, and product management.
| Senior Product Analyst | Product Analyst | |
| Yearly salary | $95,351 | $79,316 |
| Hourly rate | $45.84 | $38.13 |
| Growth rate | 19% | 11% |
| Number of jobs | 163,508 | 176,369 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 73% |
| Average age | 37 | 44 |
| Years of experience | 6 | 4 |
The senior product analyst is the one responsible for product assessment and monitoring its performance in the market. The product analyst's job is to get all the relevant data to enhance existing products and use such information to develop new products. The senior product analyst collaborates and coordinates with other product teams in the company, including the marketing department. The product analyst's primary goal is perfecting the product through continuous improvements made by data analysis from various sources of feedback.
A product analyst job utilizes data analysis software and notates trends in market research. Primarily, analysts project the costs of product development and marketing. They think of the possibilities for profit and sales and monitor the performance of products on the market to come up with a better product. Their responsibilities include company product evaluation, product understanding, and product rating reviews. Familiarity with Microsoft Office Suite, strong communication skills, and proficiency in database software is necessary for this job.
Senior product analysts and product analysts have different pay scales, as shown below.
| Senior Product Analyst | Product Analyst | |
| Average salary | $95,351 | $79,316 |
| Salary range | Between $70,000 And $128,000 | Between $56,000 And $111,000 |
| Highest paying City | San Francisco, CA | Seattle, WA |
| Highest paying state | California | Washington |
| Best paying company | Credit Karma | Meta |
| Best paying industry | Technology | Technology |
There are a few differences between a senior product analyst and a product analyst in terms of educational background:
| Senior Product Analyst | Product Analyst | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between senior product analysts' and product analysts' demographics:
| Senior Product Analyst | Product Analyst | |
| Average age | 37 | 44 |
| Gender ratio | Male, 53.6% Female, 46.4% | Male, 53.2% Female, 46.8% |
| Race ratio | Black or African American, 4.8% Unknown, 4.9% Hispanic or Latino, 11.3% Asian, 14.3% White, 64.6% American Indian and Alaska Native, 0.1% | Black or African American, 7.6% Unknown, 4.5% Hispanic or Latino, 8.5% Asian, 14.6% White, 64.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 12% |