Research Analyst Salary

Research Analysts in the United States can expect wages of $51K per year on average. In the world of Research Analysts, overall income ranges from $36K near the bottom to $81K at the top; this can include more than $15K from bonuses and more than $13K from profit sharing in exceptional cases. The company is the main element affecting pay for this group — career duration and geographic location are driving factors as well. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 52 percent. Medical benefits are awarded to a large number, and a fair number earn dental coverage. For the most part, Research Analysts enjoy their work and report high levels of job satisfaction. Figures cited in this summary are based on replies to PayScale's salary questionnaire.

$37,372 - $78,379
(Median)
$37K
$51K
$78K
MEDIAN: $51,347
10%
50%
90%

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$13.01 - $27.83
(Median)
$13
$19
$28
MEDIAN: $19.00
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$27K$54K$81K
Salary
$37,372 - $78,379  
   
Bonus
$0.00 - $14,544  
Profit Sharing
$800 - $13,194  
Commission
$7,000  
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).
)
$35,972 - $80,737  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 3,423
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$14$28$42
Hourly Rate
$13.01 - $27.83  
   
Overtime
$18.37 - $40.99  
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$28K$56K$84K
Bonus
$0.00 - $14,544  
   
Commission
$7,000  
Profit Sharing
$800 - $13,194  
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).
)
$35,972 - $80,737  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 422
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Job Description for Research Analyst

Research analysts must carefully examine data and produce meaningful information for their employer. This can involve not only drawing meaning from the data, but also checking to make sure the data is correct and using it to validate ideas and theories. When not examining or verifying information, a research analyst must work with their superiors to demonstrate what they have learned from their data and how it can be applied in the future for their business.

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Research Analyst Tasks

  • Present results in written and oral formats.
  • Interview clients or team members to identify information needs and deliverables.
  • Use a variety of sources to research and analyze topics, becoming an expert in a field.
  • Collect and analyze quantitative data.

Common Career Paths for Research Analyst


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Research Analysts may progress into high-paying roles like Analytics Manager, where median compensation is $98K annually. Research Analysts typically move into roles as Senior Research Analysts or Senior Research Associates, and those positions pay $18K more and $18K more, respectively.

Research Analyst Job Listings

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Popular Employer Salaries for Research Analyst


The Nielsen Company, ICF International, Ipsos, Corporate Executive Board (CEB), and Wood Mackenzie are among the top companies that take on many Research Analysts. Research Analysts seeking a sizable paycheck can earn the most at Wood Mackenzie, where the average salary comes to $79K. Soaring salaries can also be found at Booz, Allen, and Hamilton, McKinsey & Company, Inc., and Corporate Executive Board (CEB), where earnings of $75K, $65K, or $62K are standard for Research Analysts.

Colliers International, J.P. Morgan Chase & Co. (JPMCC), and Gfk Custom Research Inc. are a few other employers known for handing out relatively lightweight salaries ($36K, $36K, and $45K respectively).

Popular Skills for Research Analyst


Research Analysts seem to exploit a large range of skills on the job. Most notably, facility with Financial Analysis, SAS, and Project Management are correlated to pay that is significantly above average, leading to increases of 28 percent, 10 percent, and 8 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Database Management & Reporting, Microsoft Office, and Online Research. The majority of those who know Data Analysis also know Microsoft Excel and Market Research.

Pay by Experience Level for Research Analyst

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


Research Analysts with a rich background of experience are typically rewarded with larger paychecks. Survey participants with less than five years' experience pocket $50K on average, but those with five to 10 years of experience enjoy a much bigger median of $61K. After working for 10 to 20 years, Research Analysts make a median salary of $73K. Research Analysts who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $76K.

Pay Difference by Location

National Average: $51,320

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

For Research Analysts, busy San Francisco offers a higher-than-average pay rate, 15 percent above the national average. Research Analysts will also find cushy salaries in New York (+14 percent), Arlington (+13 percent), Houston (+13 percent), and Boston (+11 percent). Those in the field find the lowest salaries in San Diego, 4 percent below the national average. Workers in Cincinnati and Austin earn salaries that trail the national average for those in this profession (3 percent less and 2 percent less, respectively).

Research Analyst Reviews

What is it like working as a Research Analyst?

Research Analyst in Overland Park:
"Great job, low pay."
Pros: Flexible, able to do different projects on different days. Tight knit team and good co-workers.
Cons: Low pay, I have many responsibilities and and am trusted with highly classified info, more so than what the pay scale would suggest.

Research Analyst in Chicago:
Pros: Assisting with executive search projects. Being in charge of the recruitment process for new data analyst.

Research Analyst in Honolulu:
Pros: I enjoy being able to learn all aspects of real estate and work with many different people in all areas of the business.
Cons: Management does not communicate to each other or me and the department which causes a lot of inefficiency and disconnect.

What is it like working as a Research Analyst at Jones Lang LaSalle?

Research Analyst in Dallas:
"Great Company."
Pros: I've very much enjoyed the atmosphere, the wide array of service lines they operate in, and the people. Definitely a great work/life balance. Good compensation.
Cons: Nothing bad to say about the company as of yet.

Related Job Salaries

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Experience Affects Research Analyst Salaries




National Average
$51,000


Skills That Affect Research Analyst Salaries


SAS
up arrow 10%




Research Analysis
up arrow 2%

Policy Analysis
up arrow 2%

Data Analysis
0%

Market Research
0%

National Average
$51,000

Microsoft Excel
up arrow 2%

SPSS
up arrow 2%

Microsoft Word
up arrow 4%

Online Research
up arrow 4%



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 580 votes.

Gender

Female
52 %
Male
48 %

Years of Experience

Less than 1 year
13%
1-4 years
62%
5-9 years
17%
10-19 years
7%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 77%
medical benefits
Vision: 62%
dental benefits
None: 10%
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