Principal Data Scientist, IT Salary

IT Principal Data Scientists receive generous compensation in the United States — earning an average of $130K per year, their standard salaries shoot well into the six-figure range. Total cash compensation for IT Principal Data Scientists runs from $91K to $196K depending on bonuses that can occasionally exceed $39K and profit sharing that can reach almost $20K. Geographic location is the biggest factor affecting pay for this group, followed by experience level. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a strong majority. Job satisfaction is high and work is enjoyable for most IT Principal Data Scientists. Male IT Principal Data Scientists far outnumber their female contemporaries among those who completed the questionnaire. This report is based on answers to PayScale's salary questionnaire.

$90,523 - $175,679
(Median)
$91K
$130K
$180K
MEDIAN: $130,075
10%
50%
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$70K$140K$210K
Salary
$90,523 - $175,679  
   
Bonus
$1,010 - $39,065  
Profit Sharing
$6,040 - $20,426  
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).
)
$90,635 - $195,952  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 149
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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


Survey takers who work as IT Principal Data Scientists report a focused set of job skills. Most notably, skills in Machine Learning, Python, Statistical Analysis, and Data Analysis are correlated to pay that is above average. Skills that seem to negatively impact pay include Data Analysis and Statistical Analysis. For most people, competency in Data Analysis indicates knowledge of Machine Learning.

Pay by Experience Level for Principal Data Scientist, IT

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


New workers enjoy hefty six-figure paychecks when they take on this position — $110K per year is the median for people who claim less than five years' experience. IT Principal Data Scientists who work for 10 to 20 years in their occupation tend to earn about $154K. Survey participants with more than two decades under their belts actually report earning less than people with less experience; the former take home only $152K on average.

Related Job Salaries

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Experience Affects Principal Data Scientist, IT Salaries


Late-Career
up arrow 6%

National Average
$143,000



Skills That Affect Principal Data Scientist, IT Salaries

Machine Learning
up arrow 4%

Python
0%

National Average
$143,000



Job Satisfaction

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

Gender

Female
18 %
Male
82 %

Years of Experience

Less than 1 year
1%
1-4 years
21%
5-9 years
25%
10-19 years
31%
20 years or more
21%

Common Health Benefits

medical benefits Medical: 94% dental benefits Dental: 88%
vision benefits Vision: 77% employee benefits None: 2%
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