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News Anchor Salary

With one-half of News Anchors in the United States reporting more than 10 years of experience, the field is heavily weighted toward experienced professionals. Average pay for News Anchors is $56K annually and can range from $30K on the lower end to $128K per year near the higher end. Total incomes of News Anchors incorporate potential for, in a few cases, more than $15K from bonuses and close to $50K from profit sharing; these performance components cause packages to range between $30K and $128K. Residence is the biggest factor affecting pay for this group, followed by experience level. Most workers in this position report high levels of job satisfaction. Most report receiving medical coverage from their employers and the greater part collect dental insurance. More than half of News Anchors (61 percent) survey participants are women. Respondents to the PayScale salary survey provided the data for this report.

$30,154 - $126,225
(Median)
$30K
$56K
$130K
MEDIAN: $55,757
10%
50%
90%

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$8.91 - $30.95
(Median)
$8
$15
$31
MEDIAN: $15.00
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
$30,154 - $126,225  
   
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).
)
$29,578 - $127,879  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 781
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
$8.91 - $30.95  
   
Overtime
$0.00 - $47.18  
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).
)
$29,578 - $127,879  
Country: United States | Currency: USD | Updated: 2 May 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.

News Anchor Job Listings

Jobs by Simply Hired
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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. Salaries for the relatively untried average out to around $41K, but survey participants with five to 10 years of experience earn a significantly higher median of $57K. For News Anchors, 10 to 20 years of experience on the job amounts to an average salary of $65K. More than 20 years of experience seem related to solid financial gains; veterans in this group report earning a median of $85K.

Pay Difference by Location


Top-shelf salaries can be found in the three largest American cities: New York, Los Angeles, and Chicago all offer compensation that exceeds the national average in this field. With compensation 7 percent below the national average, Milwaukee is not known for hefty paychecks and actually represents the lowest-paying market.

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United States (change)

Experience Affects News Anchor Salaries

Late-Career
up arrow 54%



National Average
$55,000

Entry-Level
up arrow 26%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 72 votes.

Gender

Female
61 %
Male
39 %

Years of Experience

Less than 1 year
2%
1-4 years
24%
5-9 years
23%
10-19 years
35%
20 years or more
16%

Common Health Benefits

medical benefits Medical: 86% dental benefits Dental: 64%
vision benefits Vision: 52% employee benefits None: 13%
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