Principal Data Scientist, IT Salary

IT Principal Data Scientists in the United States can look forward to a sizeable six-figure salary — around $136K per year on average. Cash earnings for IT Principal Data Scientists — which occasionally include more than $39K from bonuses and more than $20K from profit sharing — stretch from around $91K to approximately $197K. Geographic location and career length each impact pay for this group, with the former having the largest influence. IT Principal Data Scientists who took the survey are largely men, dominating at 83 percent. Job satisfaction for IT Principal Data Scientists is high. Medical benefits are awarded to almost all, and a large number earn dental coverage. Respondents to the PayScale salary survey provided the data for this report.

$90,967 - $176,613
(Median)
$91K
$140K
$180K
MEDIAN: $136,237
10%
50%
90%

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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
$90,967 - $176,613  
   
Bonus
$1,002 - $39,171  
Profit Sharing
$4,848 - $20,180  
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).
)
$91,416 - $197,260  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 190
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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 generally report applying a varied skill set to their work. 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. Most people skilled in Data Analysis are similarly competent in Machine Learning and Python.

Pay by Experience Level for Principal Data Scientist, IT

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


For IT Principal Data Scientists, level of experience appears to be a somewhat less important part of the salary calculation — more experience does not correlate to noticeably higher pay. Respondents with less than five years' experience take home $115K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $144K. IT Principal Data Scientists bring in $157K after working for 10 to 20 years. People who have worked for more than 20 years report a median income of $166K, which is barely higher than the median for folks with 10 to 20 years of experience.

Pay Difference by Location

National Average: $145,999

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

For those looking to make money, IT Principal Data Scientists in Atlanta enjoy an exceptional pay rate, 16 percent above the national average. IT Principal Data Scientists will also find cushy salaries in San Jose (+14 percent), Seattle (+11 percent), New York (+7 percent), and Palo Alto (+4 percent). IT Principal Data Scientists in Boston report much lower salaries than the rest of the country — 21 percent below the national average — proving that residence is a major factor in overall pay.

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Experience Affects Principal Data Scientist, IT Salaries

Late-Career
up arrow 13%


National Average
$146,000



Skills That Affect Principal Data Scientist, IT Salaries

Machine Learning
up arrow 3%

Python
0%

National Average
$146,000

Big Data Analytics
up arrow 2%



Job Satisfaction

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

Gender

Female
17 %
Male
83 %

Years of Experience

Less than 1 year
2%
1-4 years
21%
5-9 years
28%
10-19 years
31%
20 years or more
18%

Common Health Benefits

medical benefits
Medical: 93%
dental benefits
Dental: 86%
medical benefits
Vision: 76%
dental benefits
None: 4%
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