In a profession for which the median take-home is approximately $57K, just under nine-tenths of overall earnings for News Anchors arrives through commissions. The most important factor affecting compensation for this group is geographic location, followed by the specific employer and experience level. Medical benefits are awarded to most, and the larger part earn dental coverage. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 53 percent. Work is enjoyable for News Anchors, who typically claim high levels of job satisfaction.

$31,692 - $121,031
$32K
$58K
$120K
MEDIAN: $57,791
10%
50%
90%

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$9.81 - $29.87
$9
$15
$30
MEDIAN: $15.00
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
$31,692 - $121,031  
   
Bonus
$863 - $24,240  
Profit Sharing
$8,500  
Commission
$50,000  
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).
)
$30,307 - $120,069  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 845
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
$9.81 - $29.87  
   
Hourly Tips
$14.29  
Overtime
$11.84 - $68.93  
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
$863 - $24,240  
   
Commission
$50,000  
Profit Sharing
$8,500  
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).
)
$30,307 - $120,069  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 71

Find Out Exactly What You Should Be Paid

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. News Anchors most often advance into Morning Anchor and Radio Show Host positions even though the median salaries are $5K lower and $16K lower, respectively.

News Anchor Job Listings

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Popular Employer Salaries for News Anchor


CBS Corporation, Sinclair Broadcast Group, Inc, Nexstar Broadcasting Group, Inc., Tribune Co, and Abc Corp. are all popular places to work. The biggest paychecks can be found at Sinclair Broadcast Group, Inc — the median salary there is $80K. Other big spenders include CBS Corporation, Raycom Media, Inc., and Tribune Co, top-paying firms where News Anchors see paychecks nearing $68K, $65K, or $55K.

Workers at Abc Corp., Nexstar Broadcasting Group, Inc., and Tribune Co also face smaller salaries than the rest of the field — average earnings for these employers come to $27K, $44K, and $55K respectively.

Pay by Experience Level for News Anchor

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


For many News Anchors, experience and pay levels seem to be correlated; more years in the business generally lead to more money. Salaries of relatively inexperienced workers fall in the neighborhood of $44K, but folks who have racked up five to 10 years see a notably higher median of $57K. News Anchors see a median salary of $69K after reaching one to two decades on the job. People who have worked for more than 20 years report a median income of $75K, which is barely higher than the median for folks with 10 to 20 years of experience.

Pay Difference by Location

National Average: $56,559

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

Geographically speaking, the highest compensation can be found in Chicago, New York, and Los Angeles — the three largest cities in the United States. Location significantly influences compensation, with Milwaukee News Anchors earning much less — 39 percent less — than the national average. Pittsburgh and Phoenix are a couple other places where companies are known to pay below the median — salaries are 9 percent lower and 3 percent lower, respectively.

News Anchor Advice

Q: 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

Key Stats for News Anchor

Gender

Female
53 %
Male
47 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 41 votes.
Less than 1 year
2%
1-4 years
20%
5-9 years
25%
10-19 years
36%
20 years or more
16%
Location:
Years in Fields/Career:
United States (change)

Experience Affects News Anchor Salaries




National Average
$57,000

Entry-Level
up arrow 21%

Skills That Affect News Anchor Salaries

anchor
up arrow 68%

Journalism
up arrow 54%

National Average
$57,000



Video Editing
up arrow 26%

Public Speaking
up arrow 29%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 41 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
36%
20 years or more
16%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 67%
vision benefits
Vision: 51%
dental benefits
None: 12%
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