Research Analyst Salary

With a median pay of $79K, Wood Mackenzie Research Analysts make much more than the national average ($52K annually) for those in this field. Research Analysts will also find cushy salaries at Booz, Allen, and Hamilton (+$75K), Corporate Executive Board (CEB) (+$67K), and Jones Lang LaSalle (+$64K). This snapshot results from replies to PayScale's salary survey.

$38,614 - $76,292
$39K
$52K
$76K
MEDIAN: $51,798
10%
50%
90%

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$13.55 - $29.50
$14
$20
$30
MEDIAN: $19.63
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$26K$52K$78K
Salary
$38,614 - $76,292  
   
Bonus
$342.55 - $14,858  
Profit Sharing
$707 - $16,219  
Commission
$3,750  
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).
)
$36,654 - $77,419  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 2,180
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
$13.55 - $29.50  
   
Overtime
$18.56 - $40.16  
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
$342.55 - $14,858  
   
Commission
$3,750  
Profit Sharing
$707 - $16,219  
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).
)
$36,654 - $77,419  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 310

Find Out Exactly What You Should Be Paid

United States (change)

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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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For Research Analysts, progressing to an Analytics Manager role may result in a significant raise. On average, an Analytics Manager can earn $99K annually. It is not uncommon for a Research Analyst to continue on to become a Senior Research Analyst or a Data Analyst.

Research Analyst Job Listings

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Popular Employer Salaries for Research Analyst

Popular Skills for Research Analyst


Research Analysts seem to exploit a large range of skills on the job. Most notably, skills in Financial Analysis, Technical Writing, Statistical Analysis, and Presentations are correlated to pay that is above average, with boosts between 5 percent and 14 percent. At the other end of the pay range are skills like Online Research and Database Management & Reporting. Most people 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.


The average beginner in this position makes around $50K, but folks who have been around for five to 10 years see a markedly higher median salary of $61K. The average pay reported by folks with 10 to 20 years of experience is around $73K. Respondents who boast more than two decades on the job don't boast commensurate pay, unfortunately; these veterans see average earnings of only $70K.

Pay Difference by Location

National Average: $51,702

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

Boston offers some of the highest pay in the country for Research Analysts, 16 percent above the national average. Research Analysts can also look forward to large paychecks in cities like San Francisco (+15 percent), Arlington (+12 percent), Atlanta (+11 percent), and New York (+9 percent). Research Analysts in Salt Lake City make 22 percent less than the national average, proving that location is a major factor in pay. Workers in Houston and Austin earn salaries that trail the national average for those in this profession (11 percent less and 3 percent less, respectively).

Research Analyst Reviews

Q: 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 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.

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

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.

Related Job Salaries

Key Stats for Research Analyst

Gender

Female
52 %
Male
48 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 304 votes.
Less than 1 year
13%
1-4 years
63%
5-9 years
15%
10-19 years
7%
20 years or more
2%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Research Analyst Salaries

▲40%

▲35%

▲17%

National Average
$52,000

▼2%

Skills That Affect Research Analyst Salaries






▲2%



Data Analysis
▼0%

Market Research
▼0%

National Average
$52,000






Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 304 votes.

Gender

Female
52 %
Male
48 %

Years of Experience

Less than 1 year
13%
1-4 years
63%
5-9 years
15%
10-19 years
7%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 74%
vision benefits
Vision: 61%
dental benefits
None: 12%
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