News Anchor Salary

For News Anchors, bonuses and commissions account for a significant portion of income and add up to 111 percent of their $56K annual pay. 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 $49K, respectively. Earnings for this group are mostly affected by location, followed by tenure and the particular employer. Job satisfaction is reported as high by the vast majority of workers. Women make up a slight majority of News Anchors (58 percent) survey respondents. Medical benefits are awarded to a large number, and more than half earn dental coverage. Participants in PayScale's salary questionnaire provided the particulars of this report.

$30,773 - $129,253
(Median)
$31K
$57K
$130K
MEDIAN: $56,762
10%
50%
90%

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$9.11 - $28.45
(Median)
$9
$15
$28
MEDIAN: $14.00
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$50K$100K$150K
Salary
$30,773 - $129,253  
   
Bonus
$0.00 - $14,694  
Profit Sharing
$202.73 - $49,316  
Commission
$60,000  
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).
)
$30,094 - $129,507  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 972
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
$9.11 - $28.45  
   
Overtime
$2.00 - $59.00  
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 - $14,694  
   
Commission
$60,000  
Profit Sharing
$202.73 - $49,316  
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).
)
$30,094 - $129,507  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 57
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Job Description for News Anchor

News anchors generally are responsible for presenting local, national and/or world news to the public. They generally work in a studio to produce TV or radio news programs, although they sometimes report or anchor programs from the scene of the broadcast's subject. The news anchor often reads compiled news stories from a teleprompter, as well as conducts on-air interviews with the subjects of news, experts and reporter colleagues as needed. They also react to breaking news as it emerges, presenting information to the viewing or listening public as it becomes available. Additionally, news anchors help make editorial decisions about which stories to air and how they should be presented. The anchor may also report stories themselves, performing such tasks as conducting interviews, obtaining video and audio to use in broadcast, researching relevant information, and using computer software to edit audio and/or video gathered through the course of reporting.

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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


Offering a median salary of only $52K, Nexstar Broadcasting Group, Inc. pays the least. Not only that, but the earnings range of $27K to $101K is pretty narrow, too.


Typical News Anchors report a focused set of job skills. Fortunate workers who know Journalism command much higher paychecks, scoring salaries 55 percent above average. Skills that pay less than market rate include Oral / Verbal Communication and Media / Public Relations. Many workers who know Media / Public Relations also know Oral / Verbal Communication.

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. Salaries of relatively inexperienced workers fall in the neighborhood of $45K, but folks who have racked up five to 10 years see a notably higher median of $57K. News Anchors with one to two decades of relevant experience report an average salary of approximately $66K. Seasoned workers who boast more than two decades of relevant experience enjoy a median salary of $81K, which is substantially larger than the medians reported by folks with fewer years on their resumes.

Pay Difference by Location

National Average: $56,072

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

New York offers some of the highest pay in the country for News Anchors, 112 percent above the national average. News Anchors will also find cushy salaries in Philadelphia (+78 percent), Los Angeles (+75 percent), Denver (+53 percent), and Chicago (+46 percent). Those in the field find the lowest salaries in Milwaukee, 11 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.

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Experience Affects News Anchor Salaries




National Average
$56,000

Entry-Level
up arrow 21%

Skills That Affect News Anchor Salaries

Journalism
up arrow 55%

National Average
$56,000

Media / Public Relations
up arrow 4%

Oral / Verbal Communication
up arrow 18%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 52 votes.

Gender

Female
58 %
Male
42 %

Years of Experience

Less than 1 year
2%
1-4 years
22%
5-9 years
24%
10-19 years
35%
20 years or more
17%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 65%
medical benefits
Vision: 52%
dental benefits
None: 12%
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