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 yearly pay. In the world of News Anchors, overall income ranges from $30K near the bottom to $130K at the top; this can include more than $15K from bonuses and more than $49K from profit sharing in exceptional cases. Compensation for this group is mainly affected by location, but experience level and the particular employer are influential factors as well. Most News Anchors like their work and job satisfaction is high. Women make up a slight majority of News Anchors (58 percent) survey respondents. Medical benefits are awarded to most, and the greater part earn dental coverage. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$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


Nexstar Broadcasting Group, Inc. offers the lowest pay, with a median salary of just $52K. The pay scale doesn't vary widely, either; compensation ranges from $27K to $101K.

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. Survey participants with less than five years' experience pocket $45K on average, but those with five to 10 years of experience enjoy a much bigger median of $57K. On average, News Anchors make $66K following one to two decades on the job. Average wages for folks with more than 20 years of experience come out to around $81K.

Pay Difference by Location

National Average: $56,072

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

For those looking to make money, News Anchors in New York enjoy an exceptional pay rate, 112 percent above the national average. News Anchors can also look forward to large paychecks in cities like Philadelphia (+78 percent), Los Angeles (+75 percent), Denver (+53 percent), and Chicago (+46 percent). In Milwaukee, salaries are 11 percent below the national average and represent the lowest-paying market.

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




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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