Pricing Analyst Salary (United States)

Somewhere between two-thirds and three-fourths of Pricing Analysts report less than five years' experience, making for a field full of relatively fresh workers who earn around $50,073 per year on average. The top of the range reaches $69,850 per year, and the bottom approaches $35,869. Geography is the biggest factor affecting pay for this group, followed by experience level. Nearly all report receiving medical coverage from their employers and a strong majority collect dental insurance. Job satisfaction is reported as high by the vast majority of workers. Responses to PayScale's salary questionnaire form the basis for this outline.
Pricing Analyst Salary (?
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.
)
$37,542 - $68,233
(Median)
38K
44K
50K
59K
68K
MEDIAN: $50,167
10%
25%
50%
75%
90%
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Pricing Analyst Salary (?
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.
)
$13.37 - $28.72
(Median)
13
16
19
22
29
MEDIAN: $18.00
10%
25%
50%
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$24K$48K$72K
Salary
$37,542 - $68,233  
   
Bonus
$0.00 - $6,358  
Profit Sharing
$297.99 - $4,027  
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).
)
$35,869 - $69,850  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 1,198
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$15$30$45
Hourly Rate
$13.37 - $28.72  
   
Overtime
$20.67 - $43.64  
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$30K$60K$90K
Bonus
$0.00 - $6,358  
   
Profit Sharing
$297.99 - $4,027  
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).
)
$35,869 - $69,850  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 189
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Job Description for Pricing Analyst

Pricing analysts study pricing to determine the best target price for their business. While many businesses hire a full-time pricing analyst, some are hired as consultants to work on a single project or for a short amount of time.
Read More...
Pricing Analyst Tasks
  • Work with cross functional teams to define floor, target and ceiling pricing for project job components.
  • Scope the issue then define, build and implement solution to measure price effectively.
  • Identify, scope and execute strategic price process improvement projects.
  • Proactively communicate metrics and project objectives, status, barriers and results to all levels of the organization.

Common Career Paths for Pricing Analyst

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Though it's uncommon, some Pricing Analysts move into roles as Pricing Managers, bringing in an extra $31K per year. When Pricing Analysts are ready for the next step in their career, they often become Sr. Pricing Analysts or Senior Financial Analysts, where they can expect an additional $18,079 or $24K per year.

Pricing Analyst Job Listings

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Popular Skills for Pricing Analyst

Pricing Analysts report using a pretty varied skill set on the job. Most notably, skills in SAS, SQL, Statistical Analysis, and Financial Analysis are correlated to pay that is above average, with boosts of 9 percent, 9 percent, 7 percent, and 7 percent, respectively. The majority of those who know Data Analysis also know Pricing.

Pay by Experience Level for Pricing Analyst

Median of all compensation (including tips, bonus, and overtime) by years of experience.
Though starting salaries approximate $49K, they climb to $56K after five to 10 years. Those who spend a decent amount of time in this profession—one to two decades—usually make about $59K. After 20 years on the job, salaries actually take a dive for Pricing Analysts, averaging around $57K. Experienced employees who have 10-20 years of experience make up less than 10 percent of the workforce; inexperienced individuals who have been working for less than one year comprise 14 percent, and senior people with more than 20 years under their belt fill out the remaining less than five percent. Most employees in this workforce have between one and nine years of experience; most of those surveyed fall within this distribution.

Pay Difference By Location

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Washington
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Columbus
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Boston
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Seattle
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Cleveland
0%
National Average
$50,000
Dallas
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Minneapolis
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Philadelphia
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Larger circles over a city indicate a job is popular in that location.
Pricing Analysts will find that New York offers an impressive pay rate, one which exceeds the national average by 25 percent. Pricing Analysts will also find cushy salaries in Houston (+6 percent), Denver (+6 percent), Columbus (+5 percent), and Boston (+5 percent). Philadelphia is home to the smallest salaries in the field, lagging the national average by 8 percent. Workers in Miami and Phoenix earn salaries that trail the national average for those in this profession (-7 percent and -4 percent).

Pricing Analyst Reviews

What is it like working as a Pricing Analyst?
Pricing Analyst in Tacoma:
Pros: A lot of flexibility to define own workload, projects, etc. Fascinating to work with the complex data of a trucking company. It's a challenge to find the relevant trends and stories the data tells you about the story of how the company is conducting business. There is a lot of opportunity for someone with vision to simplify the story and optimize operations/sales efforts.
Cons: Little guidance, training, or development. Management feels aloof, bouncing from various meetings. Pay and benefits are weak, and it's difficult to see the direct contribution you make to the overall success of the company.

Related Job Salaries

Experience Affects Pricing Analyst Salaries

National Average
$50,000

Skills That Affect Pricing Analyst Salaries

SQL
up arrow 9%
SAS
up arrow 9%
Statistical Analysis
up arrow 7%
up arrow 5%
Microsoft Excel
up arrow 3%
Data Analysis
up arrow 3%
Microsoft Access
up arrow 2%
National Average
$50,000
Microsoft Office
up arrow 1%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 356 votes.

Gender

Female
40%
female alumni
 
Male
60%
male alumni

Years of Experience

Less than 1 year
14%
1-4 years
57%
5-9 years
19%
10-19 years
9%
20 years or more
2%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 84%
vision benefits Vision: 69% employee benefits None: 7%
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