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Pricing Analyst Salary (United States)

Between two-thirds and three-fourths of Pricing Analysts are relatively junior in their careers, reporting less than five years' experience and an average income of $50K per year. With some bonuses approaching $6K and certain profit sharing proceeds approaching $4K, overall incomes of Pricing Analysts spread between $36K and $70K depending on individual performance. Geography and career duration each impact pay for this group, with the former having the largest influence. Nearly all enjoy medical while a strong majority get dental coverage. Vision coverage is also available to more than half. Work is enjoyable for Pricing Analysts, who typically claim high levels of job satisfaction. This synopsis is derived from the responses of individuals who took PayScale's salary survey.
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  
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  
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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It's not very common for Pricing Analysts to move on to become Pricing Managers. Typical pay for a Pricing Manager is $81K annually. It is quite typical for Pricing Analysts to transition into roles as Senior Pricing Analysts or Senior Financial Analysts, where reported median earnings are $18K and $24K higher per year.

Pricing Analyst Job Listings

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Popular Skills for Pricing Analyst

Survey results imply that Pricing Analysts put a diverse skill set to use. 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. Most people experienced in 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.
Those in the early stages of their career can expect to make around $49K; however, individuals with five to 10 years of experience bring in $56K on average — a distinctly larger sum. Pricing Analysts see a median salary of $59K after reaching one to two decades on the job. Survey participants with more than two decades under their belts actually report earning less than people with less experience; the former take home only $57K on average. A fair portion of respondents report having between one and nine years of experience in this field. Experienced employees who have 10-20 years of experience make up fewer than one in ten of the workforce; inexperienced individuals who have been working for less than one year comprise roughly one in seven, and senior people with more than 20 years under their belt fill out the remaining fewer than one in twenty.

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
up arrow 1%
Minneapolis
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up arrow 7%
Philadelphia
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Larger circles over a city indicate a job is popular in that location.
For Pricing Analysts, New York provides a pay rate that is 25 percent greater than the national average. Pricing Analysts will also find cushy salaries in Houston (+6 percent), Denver (+6 percent), Columbus (+5 percent), and Boston (+5 percent). With compensation 8 percent below the national average, Philadelphia is not known for hefty paychecks and actually represents the lowest-paying market. Two other places where employers offer below-median salaries are Miami (7 percent less) and Phoenix (4 percent less).

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.

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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%