News Anchor Salary

For News Anchors, bonuses and commissions account for a significant portion of income and add up to more than double of their $58K yearly pay. Compensation for this group is mainly affected by geographic location, but the company and experience level are influential factors as well. Most workers in this position report high levels of job satisfaction. Women News Anchors who took the survey just slightly outnumber men. Medical benefits are awarded to a large number, and more than half earn dental coverage. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$32,720 - $123,931
$33K
$59K
$120K
MEDIAN: $58,567
10%
50%
90%

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$9.90 - $30.13
$9
$15
$30
MEDIAN: $15.26
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
$32,720 - $123,931  
   
Bonus
$814 - $25,760  
Profit Sharing
$6,750  
Commission
$55,000  
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).
)
$30,642 - $122,955  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 802
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
$9.90 - $30.13  
   
Hourly Tips
$14.29  
Overtime
$13.24 - $60.25  
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$50K$100K$150K
Bonus
$814 - $25,760  
   
Commission
$55,000  
Profit Sharing
$6,750  
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).
)
$30,642 - $122,955  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 67

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United States (change)

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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

  • 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.
  • Venture into the field to cover live events and unfolding stories as they happen.
  • 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.

Common Career Paths for News Anchor


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While News Anchors do not often become Evening Anchors, the job pays $71K per year on average. Many News Anchors advance into roles as Morning Anchors or Radio Show Hosts, but the median salaries are $6K lower and $17K lower, respectively.

News Anchor Job Listings

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Popular Employer Salaries for News Anchor


CBS Corporation, Sinclair Broadcast Group, Inc, Tribune Co, Nexstar Broadcasting Group, Inc., and Abc Corp. are among the top companies that take on many News Anchors. Sinclair Broadcast Group, Inc offers the highest compensation with a median salary of $72K. News Anchors can also look forward to large paychecks at CBS Corporation ($68K), Raycom Media, Inc. ($65K), and Tribune Co ($55K).

Workers also receive paychecks lighter than average at Abc Corp. ($27K), Nexstar Broadcasting Group, Inc. ($32K), and Tribune Co ($55K).

Pay by Experience Level for News Anchor

Pay by Experience for a News Anchor has a positive trend. An entry-level News Anchor with less than 5 years of experience can expect to earn an average total compensation of $46,000 based on 326 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A News Anchor with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $57,000 based on 383 salaries. An experienced News Anchor which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $71,000 based on 388 salaries. A News Anchor with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $74,000 based on 139 salaries.

Pay Difference by Location

National Average: $57,636

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

Folks in search of above-average pay will head to one of the three largest American cities: New York, Chicago, and Los Angeles boast higher pay rates than the national average for this field. News Anchors in Columbia make 31 percent less than the national average, proving that location is a major factor in pay. Below-median salaries also turn up in Phoenix and St. Louis (13 percent lower and 5 percent lower, respectively).

Related Job Salaries

Key Stats for News Anchor

Gender

Female
53 %
Male
47 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 40 votes.
Less than 1 year
2%
1-4 years
20%
5-9 years
25%
10-19 years
37%
20 years or more
16%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects News Anchor Salaries

▲28%

▲23%

National Average
$58,000

▼1%

▼21%

Skills That Affect News Anchor Salaries

anchor
▲65%

Journalism
▲51%

National Average
$58,000



Video Editing
▼27%

Public Speaking
▼30%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 40 votes.

Gender

Female
53 %
Male
47 %

Years of Experience

Less than 1 year
2%
1-4 years
20%
5-9 years
25%
10-19 years
37%
20 years or more
16%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 68%
vision benefits
Vision: 51%
no benefits
None: 13%
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