Pricing Analyst Salary

Median pay for Pricing Analysts in the United States lies in the neighborhood of $54K per year. Including potential for bonuses and profit sharing, each hitting highs of $7K, total cash payment to Pricing Analysts can bottom out at $39K or peak near $75K. While the particular city and tenure impact pay for this group, the specific employer is the most influential factor. A large number report receiving medical coverage from their employers and most collect dental insurance. Among folks in this role, job satisfaction levels approximately match the national average. Women are just slightly outnumbered, with male Pricing Analysts making up 57 percent of survey respondents. The numbers in this rundown were provided by PayScale's salary survey participants.
Read More
$40,613 - $73,183
$41K
$54K
$73K
MEDIAN: $53,843
10%
50%
90%

Add this chart to your site: 640px    300px

$13.44 - $25.09
$13
$19
$25
MEDIAN: $18.86
10%
50%
90%

Add this chart to your site: 640px    300px

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$25K$50K$75K
Salary
$40,613 - $73,183  
   
Bonus
$292.77 - $7,238  
Profit Sharing
$985 - $6,977  
Commission
$13,000  
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).
)
$38,893 - $74,644  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 1,023
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$14$28$42
Hourly Rate
$13.44 - $25.09  
   
Overtime
$22.23 - $39.24  
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$28K$56K$84K
Bonus
$292.77 - $7,238  
   
Commission
$13,000  
Profit Sharing
$985 - $6,977  
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).
)
$38,893 - $74,644  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 160

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

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

  • 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.
  • 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.

Common Career Paths for Pricing Analyst


Add this chart to your site:   640px 640px    300px 300px


While not commonly seen, Pricing Analysts who transition into a Pricing Manager position may see a rise in pay. The median salary for Pricing Managers is $83K per year. Pricing Analysts most often move into positions as Senior Pricing Analysts or Senior Financial Analysts; those groups report median salaries that are $17K higher and $22K higher, respectively.

Pricing Analyst Job Listings

Search for more jobs:

Popular Employer Salaries for Pricing Analyst


Science Applications International Corporation (SAIC), Nationwide Mutual Insurance Company, Sears Holdings Corporation, J.P. Morgan Chase & Co. (JPMCC), and Wesco International, Inc. are leaders in the field that employ a large number of Pricing Analysts. Northrop Grumman Corporation attracts talent by shelling out the biggest paychecks in the area — the median in that office is $67K. Other big spenders include Science Applications International Corporation (SAIC), Ricoh Corporation, and Nationwide Mutual Insurance Company, top-paying firms where Pricing Analysts see paychecks nearing $62K, $59K, or $58K.

Advance Auto Parts, Inc., J.P. Morgan Chase & Co. (JPMCC), and Sears Holdings Corporation also scrape the bottom of the pay scale, with median earnings hovering around $45K, $52K, and $56K.

Popular Skills for Pricing Analyst


Survey results imply that Pricing Analysts deploy a deep pool of skills on the job. Most notably, facility with Data Modeling, Tableau Software, and Project Management are correlated to pay that is significantly above average, leading to increases of 21 percent, 16 percent, and 11 percent, respectively. Skills that pay less than market rate include Set Pricing Levels and Salesforce. Those educated in Data Analysis tend to be well versed in Pricing.

Pay by Experience Level for Pricing Analyst

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


More years of relevant experience do not necessarily translate to higher paychecks. The average worker who claims fewer than five years of experience earns around $51K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $60K. After working for 10 to 20 years, Pricing Analysts make a median salary of $63K. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $64K on average.

Pay Difference by Location

National Average: $53,532

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

New York offers some of the highest pay in the country for Pricing Analysts, 19 percent above the national average. Pricing Analysts will also find cushy salaries in San Diego (+15 percent), Boston (+14 percent), Washington (+12 percent), and Chicago (+10 percent). Irvine is home to the smallest salaries in the field, lagging the national average by 12 percent. Milwaukee and Minneapolis are a couple other places where companies are known to pay below the median — salaries tend to be 7 percent less than the median.

Pricing Analyst Reviews

Q: What is it like working as a Pricing Analyst?

Pricing Analyst in Irvine:
"Overworked and Underpaid."
Pros: I enjoy the coworkers I have, they make the work less dreadful and the day go by quicker.
Cons: The work is repetitive, the office has a poor atmosphere, there is no employee appreciation or consideration.

Pricing Analyst in Woodridge:
"Great job however, not rewarding."
Pros: I appreciate the trust given to me with my work. The relationships developed within the entire company are very rewarding to me. We are now in a different location which is now safer and pleasant.
Cons: I wish there was more communication within my dept. I feel my mgr should be more involved with problems and display appreciation to us. A little acknowledgement would be nice from the higher ups too. Very displeased with lack of raises over the last 22 years.

Pricing Analyst in Fairfax:
"Great."
Pros: The data analysis factor and working with numbers is a key component of the job of which I enjoy. I also enjoy working with smart and positive people.
Cons: Not high speed enough.

Pricing Analyst in Chicago:
Pros: The people are good. Love the work. We have good systems and data. Lower management is good. Job flexibility is good.
Cons: Merit raises (the only raises you get) are awful as they often only meet CPI or are less which does not lend to making you feel you did a good job. Bonus' have to be wrangled though they were promised during the hiring process. Benefits are cut every year.Too many pats on the back without the accompanying dollars in the paycheck.

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

Key Stats for Pricing Analyst

Gender

Female
43 %
Male
57 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 154 votes.
Less than 1 year
12%
1-4 years
57%
5-9 years
18%
10-19 years
10%
20 years or more
3%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Pricing Analyst Salaries

▲19%

▲18%

▲13%

National Average
$54,000

▼4%

Skills That Affect Pricing Analyst Salaries

Data Modeling
▲21%

Tableau Software
▲16%


SAS
▲6%



SQL
▲4%


Microsoft Excel
▼0%

Pricing
▼0%

Microsoft Office
▼0%

National Average
$54,000

Microsoft Word
▼2%

Financial Reporting
▼3%

▼4%

Set Pricing Levels
▼11%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 154 votes.

Gender

Female
43 %
Male
57 %

Years of Experience

Less than 1 year
12%
1-4 years
57%
5-9 years
18%
10-19 years
10%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 84%
vision benefits
Vision: 73%
dental benefits
None: 9%
ADVERTISEMENT