Average Senior Research Analyst Salary
$78,000 yearly
$27.86 hourly
Updated July 28, 2021
$52,000
10 %
$78,000
Median
$116,000
90 %
Senior research analysts in the United States make an average salary of $78,395 per year or $37.69 per hour. People on the lower end of that spectrum, the bottom 10% to be exact, make roughly $52,000 a year, while the top 10% makes $116,000. As most things go, location can be critical. Washington, New York, New Jersey, Alaska, and Connecticut provide the highest senior research analyst salaries.

Average Senior Research Analyst Salary By State

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

Average Salary

Senior Research Analyst average salary by State

StateascdescAvg. salaryascdescHourly rateascdesc
Alabama
Alabama
$54,001
$54,001
$25.96
$25.96
Alaska
Alaska
$87,203
$87,203
$41.92
$41.92
Arizona
Arizona
$58,138
$58,138
$27.95
$27.95
Arkansas
Arkansas
$64,440
$64,440
$30.98
$30.98
California
California
$80,343
$80,343
$38.63
$38.63
Colorado
Colorado
$72,155
$72,155
$34.69
$34.69
Connecticut
Connecticut
$87,031
$87,031
$41.84
$41.84
Delaware
Delaware
$77,977
$77,977
$37.49
$37.49
District of Columbia
District of Columbia
$78,898
$78,898
$37.93
$37.93
Florida
Florida
$59,463
$59,463
$28.59
$28.59
Georgia
Georgia
$72,651
$72,651
$34.93
$34.93
Hawaii
Hawaii
$56,663
$56,663
$27.24
$27.24
Idaho
Idaho
$49,343
$49,343
$23.72
$23.72
Illinois
Illinois
$71,832
$71,832
$34.53
$34.53
Indiana
Indiana
$61,928
$61,928
$29.77
$29.77
Iowa
Iowa
$62,025
$62,025
$29.82
$29.82
Kansas
Kansas
$60,706
$60,706
$29.19
$29.19
Kentucky
Kentucky
$58,159
$58,159
$27.96
$27.96
Louisiana
Louisiana
$58,337
$58,337
$28.05
$28.05
Maine
Maine
$77,391
$77,391
$37.21
$37.21
Maryland
Maryland
$66,372
$66,372
$31.91
$31.91
Massachusetts
Massachusetts
$79,439
$79,439
$38.19
$38.19
Michigan
Michigan
$71,326
$71,326
$34.29
$34.29
Minnesota
Minnesota
$71,958
$71,958
$34.60
$34.60
Mississippi
Mississippi
$47,550
$47,550
$22.86
$22.86
Missouri
Missouri
$62,381
$62,381
$29.99
$29.99
Montana
Montana
$56,449
$56,449
$27.14
$27.14
Nebraska
Nebraska
$50,743
$50,743
$24.40
$24.40
Nevada
Nevada
$68,884
$68,884
$33.12
$33.12
New Hampshire
New Hampshire
$66,138
$66,138
$31.80
$31.80
New Jersey
New Jersey
$88,052
$88,052
$42.33
$42.33
New Mexico
New Mexico
$67,935
$67,935
$32.66
$32.66
New York
New York
$90,514
$90,514
$43.52
$43.52
North Carolina
North Carolina
$69,510
$69,510
$33.42
$33.42
North Dakota
North Dakota
$52,075
$52,075
$25.04
$25.04
Ohio
Ohio
$67,712
$67,712
$32.55
$32.55
Oklahoma
Oklahoma
$73,856
$73,856
$35.51
$35.51
Oregon
Oregon
$73,729
$73,729
$35.45
$35.45
Pennsylvania
Pennsylvania
$70,591
$70,591
$33.94
$33.94
Rhode Island
Rhode Island
$77,880
$77,880
$37.44
$37.44
South Carolina
South Carolina
$55,989
$55,989
$26.92
$26.92
South Dakota
South Dakota
$58,847
$58,847
$28.29
$28.29
Tennessee
Tennessee
$63,651
$63,651
$30.60
$30.60
Texas
Texas
$78,202
$78,202
$37.60
$37.60
Utah
Utah
$56,994
$56,994
$27.40
$27.40
Vermont
Vermont
$66,207
$66,207
$31.83
$31.83
Virginia
Virginia
$75,855
$75,855
$36.47
$36.47
Washington
Washington
$94,876
$94,876
$45.61
$45.61
West Virginia
West Virginia
$55,498
$55,498
$26.68
$26.68
Wisconsin
Wisconsin
$66,612
$66,612
$32.02
$32.02
Wyoming
Wyoming
$52,734
$52,734
$25.35
$25.35

Highest Paying Cities For Senior Research Analyst

0 selections
CityascdescAvg. salaryascdescHourly rateascdesc
Bellevue, WA
Bellevue, WA
$96,108
$96,108
$46.21
$46.21
New York, NY
New York, NY
$90,792
$90,792
$43.65
$43.65
San Francisco, CA
San Francisco, CA
$87,762
$87,762
$42.19
$42.19
Milford, CT
Milford, CT
$87,338
$87,338
$41.99
$41.99
Boston, MA
Boston, MA
$79,435
$79,435
$38.19
$38.19
Washington, DC
Washington, DC
$78,950
$78,950
$37.96
$37.96

The largest raises come from changing jobs.

See what's out there.

Average Senior Research Analyst Salary Over Time

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

Location

    How Much Do Senior Research Analysts Make In Different Industries?

    As we previously stated, senior research analyst salaries can vary depending on the industry. In fact, our data shows that finance, professional, and media companies tend to offer much higher salaries for senior research analysts. For example, senior research analysts make a whopping average salary of $95,497 while working for finance companies. Meanwhile, other people in this field are making $82,509 at professional companies and $80,661 at media companies. But senior research analysts may want to avoid working in the real estate industry as it offers the lowest average salary at $69,246.
    IndustryAvg. SalaryRange
    1. Finance
    $95,497
    $63k
    $118k
    2. Professional
    $82,509
    $63k
    $118k
    3. Media
    $80,661
    $63k
    $118k
    4. Transportation
    $80,154
    $63k
    $118k
    5. Technology
    $73,320
    $63k
    $118k
    6. Real Estate
    $69,246
    $63k
    $118k

    High Paying Senior Research Analyst Jobs

    Average JOB Salary by Field

    Analyst Sales

    Avg. salary: $66,458

    Analyst sales, or a sales analyst, is a professional who is responsible for increasing sales and revenue of a company by running competitive analysis and making recommendations on how the marketing and sales team should move forward. Sales analysts must assist in the review of monthly financial statements and prepare complex financial statements for retail and service businesses. They develop and provide market intelligence data solutions for the sales team to maximize territory sales efforts. Sales analysts must also maintain a business relationship with key account top management to deliver outstanding customer service and assistance.
    32,148 Analyst Sales Jobs
    Analyst Lead

    Avg. salary: $81,498

    The duties of an analyst lead depend on one's line of work or industry of employment. Typically, their responsibilities revolve around performing research and analysis, coordinating with different departments to gather leads and data, reviewing findings, and producing reports and presentations for the stakeholders and other higher-ranking officials. Through the results, an analyst lead can provide advice, devise strategies for business optimization, spearhead the development of processes, identify strengths and weaknesses, and offer recommendations on areas in need of improvement. All of this is done while in adherence to the company's vision and mission.
    73,720 Analyst Lead Jobs
    Analyst

    Avg. salary: $70,667

    Analysts are employees or individual contributors with a vast experience in a particular field that help the organization address challenges. They help the organization improve processes, policies, and other operations protocol by studying the current processes in place and determining the effectiveness of those processes. They also research industry trends and data to make sound inferences and recommendations on what the company should do to improve their numbers. Analysts recommend business solutions and often help the organization roll out these solutions. They ensure that the proposed action plans are effective and produce the desired results.
    159,052 Analyst Jobs
    Pricing Analyst

    Avg. salary: $66,441

    Pricing analysts are responsible for examining competitors' pricing strategies and industry standards to aid businesses in determining and setting competitive pricing. These professionals study consumer habits and behavior to gauge their willingness to pay for products and examine consumer spending. They conduct impact and mathematical analyses, and large-scale research to come up with their conclusions. Other duties and responsibilities include developing revenue forecasts and statistical models, monitoring industry trends, and developing pricing tools that can quickly respond to the rapidly changing market trends and needs.
    35,439 Pricing Analyst Jobs
    Research Director

    Avg. salary: $104,561

    Research Directors oversee the research initiatives of the company. They are usually deployed in the academe, research facilities, or companies with research and development departments. They set research goals aligned with the company's vision. They also ensure that all research activities are significant and would have an impact. They usually aim to complete research work that would contribute to the advancement of their field. Research Directors provide strategic direction on how to complete their research goals. They guide their team of researchers to work more efficiently and more productively. They also lead the team in networking activities.
    29,759 Research Director Jobs
    Market Researcher

    Avg. salary: $46,330

    In businesses, a market researcher is primarily responsible for performing market research and analysis. Although the extent of their duties usually depends on their place of employment, it typically includes coordinating with other experts, gathering and analyzing data, identifying new business opportunities, studying market activities, creating questionnaires, and developing test structures. Through their research findings, they must produce detailed reports and presentations for managers and even executives. Furthermore, as a market researcher, it is essential to understand the company's needs, including its vision and mission.
    12,044 Market Researcher Jobs

    Which Companies Pay Senior Research Analysts The Most?

    If you insist on knowing when your check is going to come and for how much, then you'd be better off working for companies like The Bank of New York Mellon and Citigroup as they offer the highest salaries for senior research analysts.
    Company

    Recently Added Senior Research Analyst Salaries

    Location
    CompanyascdescJobascdescLocationascdescDate AddedascdescSalaryascdesc
    Senior Research Financial Analyst
    Senior Research Financial Analyst
    Rancho Cordova, CA
    Rancho Cordova, CA
    06/30/2021
    06/30/2021
    $70,290
    $70,290
    06/30/2021
    Senior Research Financial Analyst
    Senior Research Financial Analyst
    Englewood, CO
    Englewood, CO
    06/29/2021
    06/29/2021
    $70,290
    $70,290
    06/29/2021
    Chi National Office
    Chi National Office
    Senior Research Financial Analyst
    Senior Research Financial Analyst
    Senior Research Financial Analyst
    Englewood, CO
    Englewood, CO
    06/29/2021
    06/29/2021
    $70,290
    $70,290
    06/29/2021
    Watson Health-Research Analyst/Senior Research Analyst
    Watson Health-Research Analyst/Senior Research Analyst
    Austin, TX
    Austin, TX
    06/29/2021
    06/29/2021
    $85,000
    $85,000
    06/29/2021
    Idaho Division of Human Resources
    Idaho Division of Human Resources
    Research Analyst, Senior-Central Labs
    Research Analyst, Senior-Central Labs
    Research Analyst, Senior-Central Labs
    Boise, ID
    Boise, ID
    06/26/2021
    06/26/2021
    $53,165
    $53,165
    06/26/2021
    Senior Research Analyst
    Senior Research Analyst
    Boulder, CO
    Boulder, CO
    06/24/2021
    06/24/2021
    $91,500
    $91,500
    06/24/2021
    Senior Research Analyst
    Senior Research Analyst
    Arlington, VA
    Arlington, VA
    06/24/2021
    06/24/2021
    $91,500
    $91,500
    06/24/2021
    SR. Research Data Analyst
    SR. Research Data Analyst
    Baltimore, MD
    Baltimore, MD
    06/21/2021
    06/21/2021
    $52,495
    $52,495
    06/21/2021
    Senior Analyst, Research and Program Evaluation
    Senior Analyst, Research and Program Evaluation
    Denver, CO
    Denver, CO
    06/17/2021
    06/17/2021
    $63,852
    $63,852
    06/17/2021
    Senior Research Analyst, Taxable Fixed Income
    Senior Research Analyst, Taxable Fixed Income
    New York, NY
    New York, NY
    06/05/2021
    06/05/2021
    $198,000
    $198,000
    06/05/2021

    Average Senior Research Analyst Salary by Demographic

    Senior Research Analyst Gender Pay Gap

    male-income
    Male Income
    $79,343
    female-income
    Female Income
    $76,663
    Median Senior Research Analyst Income by Race
    Asian senior research analysts have the highest average salary compared to other ethnicities. Hispanic or latino senior research analysts have the lowest average salary at $74,705.
    $85,000
    $83,000
    $81,000
    $79,000
    $77,000
    $75,000
    $73,000
    White
    Black or African American
    Asian
    Unknown
    Hispanic or Latino
    Ethnicityascdesc
    Salaryascdesc
    White$77,244
    Black or African American$75,897
    Asian$82,739
    Unknown$79,429
    Hispanic or Latino$74,705
    Average Senior Research Analyst Salary by Education Level
    Senior research analysts with a Doctorate degree earn more than those without, at $92,492 annually. With a Masters degree, senior research analysts earn a median annual income of $90,664 compared to $76,663 for senior research analysts with an Bachelors degree.
    $93,000
    $89,000
    $85,000
    $81,000
    $77,000
    $73,000
    Bachelor's Degree
    Master's Degree
    Doctorate Degree
    Educationascdesc
    Salaryascdesc
    Bachelor's Degree$76,663
    Master's Degree$90,664
    Doctorate Degree$92,492