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News Anchor Salary

News Anchors who are practiced in their profession and carry more than 10 years of experience make up approximately one-half of News Anchors. Pay fluctuates from $30K to $130K per year, but expected earnings average $56K per year. Overall cash earnings for News Anchors stretch from $30K on the lower end to $130K near the top, and the heftiest packages can encompass around $15K from bonuses and $50K from profit sharing. Residence and tenure each impact pay for this group, with the former having the largest influence. Job satisfaction for News Anchors is high. A large number enjoy medical while the larger part get dental coverage. Vision coverage is also available to just over a half. More than half of News Anchors (60 percent) survey participants are women. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
$30,364 - $127,184
(Median)
30K
56K
92K
130K
MEDIAN: $55,595
10%
50%
75%
90%

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$8.59 - $38.01
(Median)
8
12
25
38
MEDIAN: $13.00
10%
25%
75%
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
$30,364 - $127,184  
   
Bonus
$0.00 - $14,711  
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).
)
$29,519 - $129,658  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 743
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
$8.59 - $38.01  
   
Overtime
$1.70 - $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 - $14,711  
   
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).
)
$29,519 - $129,658  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 47
United States (change)

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.


Experience and income seem to be closely related; in general, the survey respondents who had worked for more years reported higher incomes. Those in the early stages of their career can expect to make around $40K; however, individuals with five to 10 years of experience bring in $58K on average — a distinctly larger sum. The average pay reported by folks with 10 to 20 years of experience is around $69K. 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 $84K.

Pay Difference by Location


Folks in search of above-average pay will head to one of the three largest American cities: New York, Los Angeles, and Chicago boast higher pay rates than the national average for this field. The lowest-paying market is Houston, which sits 8 percent below the national average.

Related Job Salaries

Experience Affects News Anchor Salaries

Late-Career
up arrow 52%


Mid-Career
up arrow 5%

National Average
$55,000

Entry-Level
up arrow 27%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 91 votes.

Gender

Female
60 %
Male
40 %

Years of Experience

Less than 1 year
3%
1-4 years
23%
5-9 years
24%
10-19 years
34%
20 years or more
17%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 66%
vision benefits Vision: 53% employee benefits None: 13%