Product Analyst Salary

Median pay for Product Analysts in the United States is around $60K per year, but employers in San Francisco offer the biggest paychecks; average compensation in that city is approximately $90K. Product Analysts will also find cushy salaries in Boston (+27 percent), New York (+17 percent), Nashville (+16 percent), and Minneapolis (+16 percent).

$43,836 - $89,196
$44K
$60K
$89K
MEDIAN: $59,673
10%
50%
90%

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$14.03 - $38.12
$14
$20
$38
MEDIAN: $20.01
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$32K$64K$96K
Salary
$43,836 - $89,196  
   
Bonus
$881 - $10,288  
Profit Sharing
$295.90 - $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).
)
$42,380 - $93,394  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 522
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
$14.03 - $38.12  
   
Overtime
$23.49 - $42.89  
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
$881 - $10,288  
   
Profit Sharing
$295.90 - $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).
)
$42,380 - $93,394  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 45

Find Out Exactly What You Should Be Paid

United States (change)

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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.

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Product Analyst Tasks

  • 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.
  • 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.

Common Career Paths for Product Analyst


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Product Analysts who move on to become Product Managers of Software may enjoy significant pay raises, as Product Managers of Software get paid an average of $92K per year. Senior Product Analysts or Product Managers of Financial Services are common next-step roles for Product Analysts moving up in their careers; annual pay for Senior Product Analysts is $12K higher on average, and it's $28K higher for Product Managers of Financial Services.

Product Analyst Job Listings

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Popular Employer Salaries for Product Analyst


Product Analysts seeking a sizable paycheck can earn the most at Kemper Insurance Company, where the average salary comes to $62K.

Popular Skills for Product Analyst


Survey respondents exploit a significant toolbox of skills in their work. Most notably, facility with R, Tableau Software, and Python are correlated to pay that is significantly above average, leading to increases of 73 percent, 32 percent, and 15 percent, respectively. Skills that pay less than market rate include Product Support and Microsoft Excel. Most people familiar with Data Analysis also know Product Development and Project Management.

Pay by Experience Level for Product Analyst

Pay by Experience for a Product Analyst has a positive trend. An entry-level Product Analyst with less than 5 years of experience can expect to earn an average total compensation of $59,000 based on 414 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Product Analyst with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $72,000 based on 118 salaries. An experienced Product Analyst which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $78,000 based on 58 salaries. A Product Analyst with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $76,000 based on 9 salaries.

Pay Difference by Location

National Average: $60,674

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

Related Job Salaries

Key Stats for Product Analyst

Gender

Female
35 %
Male
65 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 79 votes.
Less than 1 year
14%
1-4 years
59%
5-9 years
17%
10-19 years
9%
20 years or more
2%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Product Analyst Salaries

▲29%

▲25%

▲19%

National Average
$61,000

▼3%

Skills That Affect Product Analyst Salaries

R
▲73%

Tableau Software
▲32%

Python
▲15%


SQL
▲11%

Requirements Analysis
▲5%

Product Marketing
▲4%





Financial Analysis
▼0%

National Average
$61,000

SAS
▼1%


Product Support
▼5%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 79 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

Less than 1 year
14%
1-4 years
59%
5-9 years
17%
10-19 years
9%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 86%
vision benefits
Vision: 72%
no benefits
None: 8%
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