News Anchor Salary

One-half of News Anchors in the United States have been in the field for more than 10 years. Pay can fall anywhere from $30K to $129K per year, but median earnings come to around $57K annually. Overall cash earnings for News Anchors stretch from $30K on the lower end to $129K near the top, and the heftiest packages can encompass around $15K from bonuses and $50K from profit sharing. Location is the biggest factor affecting pay for this group, followed by tenure. Medical benefits are awarded to most, and a majority earn dental coverage. The majority of News Anchors claim high levels of job satisfaction.

$30,349 - $127,701
(Median)
$30K
$57K
$130K
MEDIAN: $56,914
10%
50%
90%

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$8.78 - $30.22
(Median)
$8
$14
$30
MEDIAN: $14.00
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
$30,349 - $127,701  
   
Bonus
$0.00 - $14,694  
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).
)
$29,620 - $129,344  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 821
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
$8.78 - $30.22  
   
Overtime
$0.00 - $41.22  
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 - $14,694  
   
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).
)
$29,620 - $129,344  
Country: United States | Currency: USD | Updated: 2 Jul 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.

News Anchor Job Listings

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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 with a rich background of experience are typically rewarded with larger paychecks. Those in the early stages of their career can expect to make around $42K; however, individuals with five to 10 years of experience bring in $58K on average — a distinctly larger sum. News Anchors bring in $65K after working for 10 to 20 years. 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 $85K.

Pay Difference by Location


Above-average salaries for News Anchors can be found in New York, Los Angeles, and Chicago, the three largest cities in the United States. In Milwaukee, salaries are 10 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

Late-Career
up arrow 50%



National Average
$57,000

Entry-Level
up arrow 26%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 59 votes.

Gender

Female
60 %
Male
40 %

Years of Experience

Less than 1 year
2%
1-4 years
23%
5-9 years
24%
10-19 years
34%
20 years or more
16%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 65%
vision benefits Vision: 53% employee benefits None: 13%
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