Product Analysts in the United States take home approximately $59K annually on average. Including potential for bonuses and profit sharing — peaking near $10K and $6K, respectively — total cash payment to Product Analysts can bottom out near $41K or peak near $90K depending on individual performance. Geography is the biggest factor affecting pay for this group, followed by experience level. Male Product Analysts who responded to the survey are more common than women; more than half (66 percent) are men. Job satisfaction is high and work is enjoyable for most Product Analysts. Medical and dental coverage is claimed by most, and a strong majority earn vision coverage.

$42,020 - $86,348
(Median)
$42K
$59K
$86K
MEDIAN: $58,789
10%
50%
90%

Add this chart to your site: 640px    300px

$14.01 - $31.99
(Median)
$14
$20
$32
MEDIAN: $20
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$31K$62K$93K
Salary
$42,020 - $86,348  
   
Bonus
$727 - $10,277  
Profit Sharing
$489.36 - $6,357  
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).
)
$41,415 - $90,408  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 514
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$16$32$48
Hourly Rate
$14.01 - $31.99  
   
Overtime
$21.14 - $36.03  
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$32K$64K$96K
Bonus
$727 - $10,277  
   
Profit Sharing
$489.36 - $6,357  
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).
)
$41,415 - $90,408  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 34
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Employers: Start Here »

Job Description for Product Analyst

A product analyst is a specific type of business analyst involved in their employer's strategic review and planning process, analyzing existing products and potential new products the firm may wish to bring to market. The product analyst generally works for a single firm, though they may sometimes be hired on as independent consultants or contractors by companies seeking the viewpoint of an outsider. These professionals are found in many industries, meaning different skills and ranges of professional knowledge are required depending on the position; additionally, a product analyst may be involved at either a high level, advising upper management, or they may be deeply involved in a specific review of a product's features and uses. For example, a product analyst for a software firm may be involved in the review of the user interfaces for products to improve user experience, while a high-level product analyst for a toy manufacturer might be involved in market research and focus groups to identify market gaps in the educational toy market.

Read More...

Product Analyst Tasks

  • Create, maintain, and update product information, and act as an expert internally and externally.
  • Perform user test sessions and market surveys to inform product development teams.
  • Partner with product managers and clients to identify, document, and evaluate product requirements and roadmaps.
  • Analyze data to provide recommendations and reports on existing and prospective products.

Common Career Paths for Product Analyst


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


Product Analysts often transition into Product Manager of Software positions, for which compensation tends to be much higher. On average, Product Managers of Software earn $92K per year. Career advancement for the typical Product Analyst often leads to becoming a Senior Product Analyst or a Product Manager of Financial Services; median salaries in these positions are $12K higher and $28K higher, respectively.

Product Analyst Job Listings

Search for more jobs:

Popular Skills for Product Analyst


Survey results imply that Product Analysts deploy a deep pool of skills on the job. Most notably, facility with Tableau Software, Business Analysis, and SQL are correlated to pay that is significantly above average, leading to increases of 47 percent, 15 percent, and 10 percent, respectively. Those listing Research Analysis as a skill should be prepared for drastically lower pay. Product Support and Microsoft Excel also typically command lower compensation. For most people, competency in Data Analysis indicates knowledge of Product Development and Project Management.

Pay by Experience Level for Product Analyst

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


Although individuals who have less than five years' experience earn $58K on average, people with five to 10 years benefit from a notably larger average of $75K. For Product Analysts, 10 to 20 years of experience on the job amounts to an average salary of $77K. Product Analysts who claim more than two decades of experience actually make somewhat smaller average paychecks of $73K.

Pay Difference by Location

National Average: $59,897

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

With a pay rate for Product Analysts that is 36 percent greater than the national average, San Francisco offers a comfortable salary for those in this profession. Product Analysts can also look forward to large paychecks in cities like New York (+19 percent), Boston (+17 percent), Charlotte (+10 percent), and Pittsburgh (+8 percent). Dallas is the lowest-paying area, 15 percent south of the national average. Employers also pay below the national average in Denver and Los Angeles (4 percent lower).

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Employers: Start Here »

Experience Affects Product Analyst Salaries



Late-Career
up arrow 22%

National Average
$60,000


Skills That Affect Product Analyst Salaries

Tableau Software
up arrow 47%


SQL
up arrow 10%

Requirements Analysis
up arrow 7%

Product Management
up arrow 4%

Python
up arrow 4%

Project Management
up arrow 2%

Product Development
up arrow 1%

Financial Analysis
up arrow 1%

Data Analysis
0%

Product Marketing
0%

National Average
$60,000

SAS
up arrow 1%

Microsoft Excel
up arrow 3%

Product Support
up arrow 21%

Research Analysis
up arrow 41%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 61 votes.

Gender

Female
34 %
Male
66 %

Years of Experience

Less than 1 year
13%
1-4 years
59%
5-9 years
18%
10-19 years
9%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 84%
medical benefits
Vision: 73%
dental benefits
None: 9%
ADVERTISEMENT