News Anchor Salary

News Anchors in the United States tend to have a good amount of experience under their belt — close to one-half have more than 10 years in the field. While pay runs from $30K to $130K per year, median earnings come to $57K annually. Final cash compensation to News Anchors varies from around $30K to approximately $130K; choice pay grades include potential for bonuses and profit sharing as high as $15K and $50K, respectively. Earnings for this group are mostly affected by residence, followed by career length and the specific company. Job satisfaction is high and work is enjoyable for most News Anchors. Most enjoy medical while more than half get dental coverage. Vision coverage is also available to just over a half.

$30,320 - $128,165

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$9.24 - $29.52

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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$50K$100K$150K
Salary
$30,320 - $128,165  
   
Bonus
$0.00 - $14,544  
Profit Sharing
$201.34 - $49,665  
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).
)
$29,573 - $129,869  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 835
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$25$50$75
Hourly Rate
$9.24 - $29.52  
   
Overtime
$0.00 - $50.34  
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$50K$100K$150K
Bonus
$0.00 - $14,544  
   
Profit Sharing
$201.34 - $49,665  
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).
)
$29,573 - $129,869  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 51
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Job Description for News Anchor

The primary responsibility of a news anchor is to present current events to an audience through a news broadcast. A dedicated news program and a general commitment to objectivity distinguish an anchor from a newscaster, who presents brief, bulletin-style reports both between and during other programming, and a commentator, who provides analysis and opinion. As broadcast journalists, news anchors are often directly involved in the compiling, writing and editing of the material they later present on-air. Additionally, news anchors may act as a public face for their networks.

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News Anchor Tasks

  • Cover breaking news stories in real time and follow along with updates.
  • Research and develop news stories from the idea stages to a written script.
  • Venture into the field to cover live events and unfolding stories as they happen.
  • Present both live and pre-recorded daily news stories in a professional manner on television.
  • Send timely updates via social media to engage the viewing audience and keep them informed.

News Anchor Job Listings

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Popular Employer Salaries for News Anchor


For News Anchors, below-average salaries can be found at Nexstar Broadcasting Group, Inc.; in fact, average earnings are around $52K, the lowest in the area, though the difference in the company's lowest and highest employee paychecks ($27K versus $101K) is great.


Pay by Experience Level for News Anchor

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


News Anchors with a lot of experience tend to enjoy higher earnings. Workers in their first five years can expect to earn $42K, but people who have been around for five to 10 years earn a noticeably bigger sum of $58K. News Anchors claiming one to two decades of experience make an estimated median of $66K. News Anchors who have acquired more than 20 years of relevant experience earn significantly more than folks with fewer years on their resumes; the average income in this veteran group is $84K.

Pay Difference by Location


New York, Los Angeles, and Chicago — America's three largest cities — boast salaries well above the national rate for News Anchors. The lowest-paying market is Milwaukee, which sits 10 percent below the national average.

News Anchor Advice

What do you wish you knew about your job when you first started out?

News Anchor in Waco:
"Expect low pay and low morale starting off."
Being a news anchor is fun, rewarding work. My favorite part of the job is getting out in the community... Meeting people and attending events that benefit organizations that are important to the people in the broadcast area of the station. I also love breaking news. It's important to choose your station carefully. You can end up in a great environment with great mentors or a situation where you don't see room to grow or don't get feedback on your performance. Get a DVR from your cable/satellite company (this is a must) and watch yourself every week. Most anchors hate doing it, but it will make you a better anchor to see what you're doing wrong. Don't let anyone tell you can't be an anchor just because you don't have a lot of experience reporting in the field. If you work hard, do lots of internships and are talented... You'll get noticed. Don't jump ship right as your contract ends. Staying at a station for more than a few years looks good on the resume.

Related Job Salaries

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Experience Affects News Anchor Salaries

Late-Career
up arrow 49%



National Average
$56,000

Entry-Level
up arrow 26%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 57 votes.

Gender

Female
59 %
Male
41 %

Years of Experience

Less than 1 year
2%
1-4 years
23%
5-9 years
24%
10-19 years
35%
20 years or more
16%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 64%
vision benefits Vision: 53% employee benefits None: 13%
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