Forecast Analyst Salary

The average Forecast Analyst in the United States earns approximately $57K annually. Overall cash earnings for Forecast Analysts stretch from $41K on the lower end to $83K near the top, and the heftiest packages can encompass around $8K from bonuses and $10K from profit sharing. Experience level is the biggest factor affecting pay for this group, followed by geography. Work is reasonably fulfilling for most Forecast Analysts — the majority report average levels of job satisfaction. More than half of Forecast Analysts (65 percent) survey respondents are men. Nearly all report receiving medical coverage from their employers and most collect dental insurance. Participants in PayScale's salary questionnaire provided the particulars of this report.

$41,128 - $80,833
$41K
$57K
$81K
MEDIAN: $56,811
10%
50%
90%

Add this chart to your site: 640px    300px

$18.46 - $29.40
$18
$20
$29
MEDIAN: $20.48
10%
50%
90%

Add this chart to your site: 640px    300px

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$28K$56K$84K
Salary
$41,128 - $80,833  
   
Bonus
$689 - $7,929  
Profit Sharing
$-0.50 - $9,933  
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).
)
$40,611 - $83,426  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 159
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$14$28$42
Hourly Rate
$18.46 - $29.40  
   
Overtime
$18.25  
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$28K$56K$84K
Bonus
$689 - $7,929  
   
Profit Sharing
$-0.50 - $9,933  
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).
)
$40,611 - $83,426  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 11

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

Job Description for Forecast Analyst

Forecast analysts support their company's mission planning throughout the year to ensure that marketing, sales, supply, and production initiatives are in accordance with their target estimates. These analysts must evaluate forecast biases to identify and understand variables and root causes and adjust appropriately, and also provide analyses for the accounts, work with monthly operational and sales planning, attend meetings, and develop and maintain relationships with customers to improve forecast accuracy.

Read More...

Forecast Analyst Tasks

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

Forecast Analyst Job Listings

Search for more jobs:

Popular Skills for Forecast Analyst


Forecast Analysts report using a wide range of professional skills. Most notably, skills in Financial Analysis, Data Analysis, Forecasting, and Microsoft Excel are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Inventory Management. The majority of those 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.


The average worker who claims fewer than five years of experience earns around $54K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $66K. After working for 10 to 20 years, Forecast Analysts make a median salary of $74K. People who have worked for 20 years or more actually report earning less than people who are in the middle of their careers; the veterans take home a mere $65K by contrast.

Pay Difference by Location

National Average: $58,703

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

Atlanta is home to an above-average pay rate for Forecast Analysts, 16 percent higher than the national average. Forecast Analysts will also find cushy salaries in New York (+4 percent) and Houston (+3 percent). Falling short of the national average by 15 percent, the area with the worst salaries is Dallas.

Related Job Salaries

Key Stats for Forecast Analyst

Gender

Female
35 %
Male
65 %

Job Satisfaction

Satisfied
Rated 3 out of 5
based on 21 votes.
Less than 1 year
4%
1-4 years
54%
5-9 years
18%
10-19 years
20%
20 years or more
4%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Forecast Analyst Salaries

▲27%

▲12%

Late-Career
▲11%

National Average
$59,000

▼8%

Skills That Affect Forecast Analyst Salaries

Financial Analysis
▲10%

Data Analysis
▼0%

National Average
$59,000

▼1%


Inventory Management
▼16%

Job Satisfaction

Satisfied
Rated 3 out of 5
based on 21 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

Less than 1 year
4%
1-4 years
54%
5-9 years
18%
10-19 years
20%
20 years or more
4%

Common Health Benefits

medical benefits
Medical: 94%
dental benefits
Dental: 80%
vision benefits
Vision: 69%
dental benefits
None: 6%
ADVERTISEMENT