Forecast Analyst Salary

Forecast Analysts in the United States take home approximately $54K per year on average. Overall incomes of Forecast Analysts generally bottom out at around $41K and peak near $75K; the final number can, in exceptional cases, include upwards of $7K each for bonuses and profit sharing proceeds. Residence and career duration each impact pay for this group, with the former having the largest influence. Most Forecast Analysts like their work and job satisfaction is high. Almost all enjoy medical while a large number get dental coverage. Vision coverage is also available to a majority. Male Forecast Analysts are more prevalent than women among those who took the survey — 64 percent of professionals. Figures cited in this summary are based on replies to PayScale's salary questionnaire.

$40,735 - $73,367
(Median)
$41K
$54K
$73K
MEDIAN: $54,474
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$25K$50K$75K
Salary
$40,735 - $73,367  
   
Bonus
$197.27 - $7,309  
Profit Sharing
$1,007 - $7,450  
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).
)
$40,812 - $74,795  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 148
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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.

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Popular Skills for Forecast Analyst


Survey takers who work as Forecast Analysts usually report a few specific skills. Those who have experience with Microsoft Excel, Forecasting, and Data Analysis can expect to be compensated well for these skills. Skills that pay less than market rate include Data Analysis. Most people familiar with 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.


Salaries of relatively inexperienced workers fall in the neighborhood of $52K, but folks who have racked up five to 10 years see a notably higher median of $59K. Forecast Analysts claiming one to two decades of experience make an estimated median of $65K. Survey participants with more than twenty years of experience only make around $58K on average, though; this group reports a lower median than the one claimed by mid-career individuals.

Pay Difference by Location


For Forecast Analysts, working in the bustling city of Atlanta has its advantages, including an above-average pay rate. Forecast Analysts will also find cushy salaries in Houston (+11 percent). Those in the field find the lowest salaries in Dallas, 9 percent below the national average.

Related Job Salaries

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Experience Affects Forecast Analyst Salaries

Experienced
up arrow 18%


Late-Career
up arrow 6%

National Average
$55,000


Skills That Affect Forecast Analyst Salaries

Microsoft Excel
0%

National Average
$55,000

Forecasting
up arrow 2%

Data Analysis
up arrow 3%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 20 votes.

Gender

Female
36 %
Male
64 %

Years of Experience

Less than 1 year
5%
1-4 years
54%
5-9 years
22%
10-19 years
15%
20 years or more
3%

Common Health Benefits

medical benefits Medical: 95% dental benefits Dental: 83%
vision benefits Vision: 62% employee benefits None: 4%
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