News Anchor Salary

With around half of News Anchors in the United States reporting more than 10 years of experience in the field, this area is heavily weighted toward experienced professionals. Pay ranges from $30K to $130K per year and averages out to $57K per year. 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 $50K from profit sharing in exceptional cases. Geographic location and years of experience each impact pay for this group, with the former having the largest influence. Work is enjoyable for News Anchors, who typically claim high levels of job satisfaction. Female News Anchors survey participants are more prevalent than men — 60 percent of professionals. Medical benefits are awarded to a large number, and a majority earn dental coverage. Respondents to the PayScale salary survey provided the data for this report.

$30,252 - $128,007
(Median)
$30K
$57K
$130K
MEDIAN: $56,658
10%
50%
90%

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$8.76 - $30.31
(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
$30,252 - $128,007  
   
Bonus
$0.00 - $14,720  
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).
)
$29,572 - $129,716  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 817
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
$8.76 - $30.31  
   
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 - $14,720  
   
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).
)
$29,572 - $129,716  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 51
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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. Survey participants with less than five years' experience pocket $41K on average, but those with five to 10 years of experience enjoy a much bigger median of $58K. News Anchors who work for 10 to 20 years in their occupation tend to earn about $65K. Survey participants who have worked for more than two decades report bringing in $83K on average.

Pay Difference by Location


Professionals earn a generous sum in the three largest American cities: New York, Los Angeles, and Chicago each offer salaries above the national average. In Milwaukee, salaries are 9 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.

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Experience Affects News Anchor Salaries

Late-Career
up arrow 48%



National Average
$56,000

Entry-Level
up arrow 27%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 60 votes.

Gender

Female
60 %
Male
40 %

Years of Experience

Less than 1 year
2%
1-4 years
24%
5-9 years
24%
10-19 years
35%
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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