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The differences between technical analysts and data 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 technical analyst, becoming a data analyst takes usually requires 2-4 years. Additionally, a data analyst has an average salary of $74,342, which is higher than the $74,045 average annual salary of a technical analyst.
The top three skills for a technical analyst include java, customer service and strong analytical. The most important skills for a data analyst are data analysis, python, and power bi.
| Technical Analyst | Data Analyst | |
| Yearly salary | $74,045 | $74,342 |
| Hourly rate | $35.60 | $35.74 |
| Growth rate | 9% | 11% |
| Number of jobs | 190,370 | 167,520 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 65% |
| Average age | 43 | 44 |
| Years of experience | 6 | 4 |
A technical analyst is responsible for analyzing technical information and aligning it to the business strategies and procedures in meeting project goals. Technical analysts monitor technical system errors and provide immediate resolutions to ensure an efficient and smooth flow of operations. They comply with the business requirements and clients' specifications to facilitate the technical team with the best techniques to get the job done. A technical analyst should have excellent critical-thinking and communication skills, as well as having a broad knowledge of the technology industry and disciplines.
Data analysts are responsible for interpreting the company's statistics and providing sound recommendations to the organization. They manage the organization's data sets, usually related to market performance, finance, or human resources. They are in charge of studying the available data, spotting trends, interpreting what the data and the trends mean, and recommending suggestions that will help the organization perform better. Their recommendations should also be relevant and backed up with strong analyses. Data analysts are expected to have a good grasp of the current market trends in the industry.
Technical analysts and data analysts have different pay scales, as shown below.
| Technical Analyst | Data Analyst | |
| Average salary | $74,045 | $74,342 |
| Salary range | Between $59,000 And $92,000 | Between $53,000 And $103,000 |
| Highest paying City | San Francisco, CA | Richmond, CA |
| Highest paying state | Washington | New Jersey |
| Best paying company | Finnegan Henderson Farabow Garrett & Dunner | The Citadel |
| Best paying industry | Retail | Finance |
There are a few differences between a technical analyst and a data analyst in terms of educational background:
| Technical Analyst | Data Analyst | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 65% |
| Most common major | Computer Science | Business |
| Most common college | Stanford University | Northwestern University |
Here are the differences between technical analysts' and data analysts' demographics:
| Technical Analyst | Data Analyst | |
| Average age | 43 | 44 |
| Gender ratio | Male, 69.9% Female, 30.1% | Male, 50.2% Female, 49.8% |
| Race ratio | Black or African American, 10.2% Unknown, 5.0% Hispanic or Latino, 11.0% Asian, 18.5% White, 55.1% American Indian and Alaska Native, 0.2% | Black or African American, 7.5% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.5% White, 64.9% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 8% | 12% |