News Anchor Salary

Close to one-half of News Anchors in the United States are seasoned employees who have more than 10 years of experience in the field. Pay ranges from $30K to $127K per year, and the average comes out to $56K per year. Including potential for bonuses and profit sharing — peaking near $15K and $50K, respectively — total cash payment to News Anchors can bottom out near $30K or peak near $127K depending on individual performance. Geographic location and career length each impact pay for this group, with the former having the largest influence. A large number report receiving medical coverage from their employers and more than half collect dental insurance. The majority of News Anchors (62 percent) who took the survey are female. Most News Anchors report high levels of job satisfaction. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$30,216 - $125,508
(Median)
$30K
$56K
$130K
MEDIAN: $56,054
10%
50%
90%

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$8.94 - $36.70
(Median)
$8
$15
$37
MEDIAN: $15.00
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$50K$100K$150K
Salary
$30,216 - $125,508  
   
Bonus
$0.00 - $14,599  
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).
)
$29,597 - $127,139  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 773
National Hourly Rate 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$25$50$75
Hourly Rate
$8.94 - $36.70  
   
Overtime
$0.00 - $47.53  
National Annualized 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$50K$100K$150K
Bonus
$0.00 - $14,599  
   
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).
)
$29,597 - $127,139  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 52

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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.

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Pay by Experience Level for News Anchor

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


News Anchors who reported more years of relevant experience also reported higher earnings. Respondents with less than five years' experience take home $41K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $58K. After working for 10 to 20 years, News Anchors make a median salary of $66K. News Anchors who have spent more than 20 years on the job report earning a significantly higher median of $85K.

Pay Difference by Location


New York is home to an above-average pay rate for News Anchors, 106 percent higher than the national average. News Anchors will also find cushy salaries in Los Angeles (+76 percent), Denver (+45 percent), Chicago (+44 percent), and Sacramento (+38 percent). Falling short of the national average by 7 percent, the area with the worst salaries is Milwaukee.

Related Job Salaries

United States (change)

Experience Affects News Anchor Salaries

Late-Career
up arrow 52%



National Average
$56,000

Entry-Level
up arrow 26%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 78 votes.

Gender

Female
62 %
Male
38 %

Years of Experience

Less than 1 year
3%
1-4 years
23%
5-9 years
23%
10-19 years
35%
20 years or more
16%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 64%
vision benefits Vision: 52% employee benefits None: 13%