Principal Data Scientist, IT Salary

IT Principal Data Scientists in the United States see excellent average salaries — about $130K annually. In the world of IT Principal Data Scientists, overall cash allowance can occasionally include more than $38K from bonuses and, in some exceptional cases, $20K from profit sharing, causing incomes to vary widely between $90K and $195K. Geography is the biggest factor affecting pay for this group, followed by career duration. Nearly all report receiving medical coverage from their employers and most collect dental insurance. For the most part, IT Principal Data Scientists enjoy their work and report high levels of job satisfaction. IT Principal Data Scientists who took the survey are largely men, dominating at 81 percent. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$89,919 - $174,422

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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$70K$140K$210K
Salary
$89,919 - $174,422  
   
Bonus
$-0.48 - $38,377  
Profit Sharing
$6,082 - $20,373  
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).
)
$89,665 - $194,543  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 159
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Job Description for Principal Data Scientist, IT

  • Perform and interpret data studies and product experiments concerning new data sources or new uses for existing data sources.
  • Develop prototypes, proof of concepts, algorithms, predictive models, and custom analysis.
  • Design and build new data set processes for modeling, data mining, and production purposes.
  • Determine new ways to improve data and search quality, and predictive capabilities.

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Popular Skills for Principal Data Scientist, IT


IT Principal Data Scientists who responded to the survey indicated only a few skills that they use on the job. Most notably, skills in Machine Learning, Python, Big Data Analytics, and Statistical Analysis are correlated to pay that is above average. Skills that pay less than market rate include Data Analysis and Statistical Analysis. Those familiar with Data Analysis also tend to know Machine Learning.

Pay by Experience Level for Principal Data Scientist, IT

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


Even the relatively untested can score weighty six-figure salaries; survey participants with less than five years' experience report earning a median of $111K per year. For IT Principal Data Scientists, 10 to 20 years of experience on the job amounts to an average salary of $153K. IT Principal Data Scientists who claim more than two decades of experience actually make somewhat smaller average paychecks of $152K.

Pay Difference by Location


With a pay rate for IT Principal Data Scientists that is 18 percent greater than the national average, San Jose offers a comfortable salary for those in this profession. IT Principal Data Scientists will also find cushy salaries in Seattle (+14 percent) and New York (+13 percent). Compared to the national average, Boston IT Principal Data Scientists have considerably lower salaries, 24 percent below the national average to be exact. Location appears to be a major driving force in pay for those in this profession.

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Experience Affects Principal Data Scientist, IT Salaries


Late-Career
up arrow 7%

National Average
$142,000



Skills That Affect Principal Data Scientist, IT Salaries

Machine Learning
up arrow 3%

Python
up arrow 1%

National Average
$142,000

Big Data Analytics
up arrow 1%



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 23 votes.

Gender

Female
19 %
Male
81 %

Years of Experience

Less than 1 year
2%
1-4 years
23%
5-9 years
24%
10-19 years
30%
20 years or more
20%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 85%
vision benefits Vision: 74% employee benefits None: 5%
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