Earnings for Rate Analysts in the United States come in at around $51K annually on average. Among folks in this role, job satisfaction levels approximately match the national average. The majority of Rate Analysts (62 percent) who took the survey are female. Medical benefits are awarded to a strong majority, and the larger part earn dental coverage. This report is based on responses to the PayScale salary survey.

$32,859 - $87,643
(Median)
$33K
$51K
$88K
MEDIAN: $51,168
10%
50%
90%

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$13.89 - $23.77
(Median)
$
$20
$
MEDIAN: $20
50%

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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$30K$60K$90K
Salary
$32,859 - $87,643  
   
Bonus
$394.53 - $6,589  
Profit Sharing
$983  
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).
)
$31,306 - $86,238  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 37
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$15$30$45
Hourly Rate
$20.34  
   
Overtime
$31.05  
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$30K$60K$90K
Bonus
$394.53 - $6,589  
   
Profit Sharing
$983  
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).
)
$31,306 - $86,238  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 8
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Job Description for Rate Analyst

A rate analyst will usually do many different tasks for a company. One of the tasks a rate analyst will be asked to complete is to research and analyze data. A rate analyst may be asked to coordinate with other departments. The work a rate analyst will do is mostly mental and does not usually require physical strain. Rate analysts will spend most of their time indoors.

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Rate Analyst Tasks

  • Research and recommend changes to the current rate calculation or structure.
  • Draft proposals and present findings to a panel of reviewers.
  • Evaluate and analyse existing rates across multiple industries.

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Pay by Experience Level for Rate Analyst

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


Experience does not seem to be a strong driver of pay increase in this role. Relatively untried employees who have less than five years' experience have a median salary of $48K. Those who have been around for five to 10 years can expect to take home more — $51K on average. Rate Analysts bring in $51K after working for 10 to 20 years. Rate Analysts who have acquired more than two decades of experience generally do see greater compensation; their average income is approximately $62K.

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Experience Affects Rate Analyst Salaries

Late-Career
up arrow 23%

Mid-Career
up arrow 2%

Experienced
up arrow 2%

National Average
$50,000

Entry-Level
up arrow 5%

Skills That Affect Rate Analyst Salaries

Data Analysis
up arrow 28%

National Average
$50,000

Microsoft Excel
up arrow 2%

Job Satisfaction

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

Gender

Female
62 %
Male
38 %

Years of Experience

Less than 1 year
11%
1-4 years
40%
5-9 years
18%
10-19 years
22%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 79%
dental benefits
Dental: 62%
medical benefits
Vision: 65%
dental benefits
None: 18%
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