Pricing Analyst Salary

Median pay for Pricing Analysts in the United States lies in the neighborhood of $52K annually. Total cash compensation to Pricing Analysts ranges from $37K on the lower end to $73K on the higher end; the final number includes potential for approximately $7K each from bonuses and profit sharing in exceptional cases. Compensation for this group is mainly affected by location, but the specific employer and tenure are influential factors as well. Most Pricing Analysts report high levels of job satisfaction. Nearly all report receiving medical coverage from their employers and most collect dental insurance. The figures in this rundown are based on the results of PayScale's salary questionnaire.
Read More
$39,314 - $70,615
(Median)
$39K
$52K
$71K
MEDIAN: $51,971
10%
50%
90%

Add this chart to your site: 640px    300px

$12.97 - $25.45
(Median)
$13
$19
$25
MEDIAN: $19.00
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
$39,314 - $70,615  
   
Bonus
$0.00 - $6,939  
Profit Sharing
$357.45 - $6,851  
Commission
$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).
)
$37,343 - $72,517  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 1,420
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$13$26$39
Hourly Rate
$12.97 - $25.45  
   
Overtime
$21.65 - $38.12  
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$26K$52K$78K
Bonus
$0.00 - $6,939  
   
Commission
$8,500  
Profit Sharing
$357.45 - $6,851  
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).
)
$37,343 - $72,517  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 217
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: 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

  • 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


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


Pricing Analysts do not often transition into Pricing Manager roles. The role averages $83K per year. A common career progression for a Pricing Analyst is to become a Senior Pricing Analyst or a Senior Financial Analyst. Compared to Pricing Analysts, the first group earns $18K more on average, and the second group earns $23K more.

Pricing Analyst Job Listings

Search for more jobs:

Popular Employer Salaries for Pricing Analyst


Science Applications International Corporation (SAIC), Advance Auto Parts, Inc., Wesco International, Inc., Sears Holdings Corporation, and J.P. Morgan Chase & Co. (JPMCC) are all popular places to work. Salary cannot be beat at Science Applications International Corporation (SAIC), where median pay comes to $62K. The range seems somewhat confined, however; the lower end sits at $56K, and the higher end is not far away at $73K.

Advance Auto Parts, Inc. offers the lowest pay in the field with a median salary of just $43K. There's also little variation in pay at the company, with pay ranging from $41K to $71K.

Popular Skills for Pricing Analyst


Survey participants wield an impressively varied skill set on the job. Most notably, skills in VBA, SAS, Project Management, and SQL are correlated to pay that is above average, with boosts between 5 percent and 16 percent. At the other end of the pay range are skills like Salesforce and Financial Reporting. Most people 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.


Although individuals who have less than five years' experience earn $50K on average, people with five to 10 years benefit from a notably larger average of $59K. Pricing Analysts with one to two decades of relevant experience report an average salary of approximately $63K. Folks with more than two decades of experience actually report lower incomes overall; their average comes out to a mere $59K.

Pay Difference by Location

National Average: $52,038

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

Surpassing the national average by 29 percent, Pricing Analysts in New York receive some of the highest pay in the country. Pricing Analysts can also look forward to large paychecks in cities like San Diego (+19 percent), Washington (+17 percent), Boston (+15 percent), and Columbus (+8 percent). Milwaukee ranks last in the field for pay, reporting salaries 9 percent below the national average. Two other places where employers offer below-median salaries are Miami (7 percent less) and Dallas (4 percent less).

Pricing Analyst Reviews

What is it like working as a Pricing Analyst?

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

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Pricing Analyst Salaries




National Average
$52,000


Skills That Affect Pricing Analyst Salaries

VBA
up arrow 16%

SAS
up arrow 8%

Project Management
up arrow 5%

Financial Analysis
up arrow 4%

SQL
up arrow 4%

Statistical Analysis
up arrow 3%

Microsoft Access
up arrow 2%

Microsoft Excel
up arrow 1%

Data Analysis
up arrow 1%

Pricing
up arrow 1%

Logistics
0%

National Average
$52,000

Microsoft Office
up arrow 2%

Financial Reporting
up arrow 6%

Salesforce
up arrow 13%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 271 votes.

Gender

Female
40 %
Male
60 %

Years of Experience

Less than 1 year
12%
1-4 years
56%
5-9 years
20%
10-19 years
9%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 84%
medical benefits
Vision: 71%
dental benefits
None: 8%
ADVERTISEMENT