Forecast Analyst Salary

The average Forecast Analyst in the United States earns approximately $55K per year. Including potential bonuses and profit sharing proceeds (more than $7K for each in exceptional cases) overall income bottoms out near $41K and hits $76K on the high end. Geographic location and years of experience each impact pay for this group, with the former having the largest influence. Men make up the majority of Forecast Analysts (64 percent) survey respondents. Most Forecast Analysts like their work and job satisfaction is high. Medical benefits are awarded to almost all, and a large number earn dental coverage. This report is based on responses to the PayScale salary survey.

$40,577 - $74,883
(Median)
$41K
$55K
$75K
MEDIAN: $54,888
10%
50%
90%

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$17.00 - $27.31
(Median)
$17
$21
$27
MEDIAN: $20
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$26K$52K$78K
Salary
$40,577 - $74,883  
   
Bonus
$100.00 - $7,150  
Profit Sharing
$1,014 - $7,397  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$40,518 - $75,717  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 186
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$13$26$39
Hourly Rate
$17.00 - $27.31  
   
Overtime
$28.89  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$26K$52K$78K
Bonus
$100.00 - $7,150  
   
Profit Sharing
$1,014 - $7,397  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$40,518 - $75,717  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 14
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Job Description for Forecast Analyst

  • Create regular reports and forecasts, and evaluate past forecasts.
  • Acquire and interpret data.
  • Track, analyze, and evaluate operations in order to provide accurate forecasts.
  • Suggest workflow/supply chain improvements based on analyses.

Forecast Analyst Job Listings

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Popular Skills for Forecast Analyst


Forecast Analysts report using a pretty varied skill set on the job. Most notably, skills in Financial Analysis, Microsoft Excel, Forecasting, and Data Analysis are correlated to pay that is above average. At the other end of the pay range are skills like Inventory Management. Most people who know Data Analysis also know Microsoft Excel.

Pay by Experience Level for Forecast Analyst

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Those in the early stages of their career can expect to make around $52K; however, individuals with five to 10 years of experience bring in $60K on average — a distinctly larger sum. Forecast Analysts bring in $63K after working for 10 to 20 years. Forecast Analysts who claim more than two decades of experience actually make somewhat smaller average paychecks of $60K.

Pay Difference by Location

National Average: $55,460

Larger city markers indicate a job is popular in that location.

Forecast Analysts will find that Atlanta offers an impressive pay rate, one which exceeds the national average by 17 percent. Forecast Analysts will also find cushy salaries in Houston (+9 percent). With compensation 10 percent below the national average, Dallas is not known for hefty paychecks and actually represents the lowest-paying market.

Related Job Salaries

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Experience Affects Forecast Analyst Salaries


Late-Career
up arrow 8%


National Average
$55,000


Skills That Affect Forecast Analyst Salaries

Financial Analysis
up arrow 16%

Microsoft Excel
0%

National Average
$55,000

Data Analysis
up arrow 2%

Forecasting
up arrow 2%

Inventory Management
up arrow 11%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 28 votes.

Gender

Female
36 %
Male
64 %

Years of Experience

Less than 1 year
5%
1-4 years
55%
5-9 years
22%
10-19 years
16%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 82%
medical benefits
Vision: 65%
dental benefits
None: 5%
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