Research Analyst Salary

Research Analysts in the United States take home approximately $51K annually on average. In the world of Research Analysts, total cash compensation can vary between $36K and $81K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $15K and $13K, respectively. The company is the main element affecting pay for this group — experience level and geographic location are driving factors as well. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. Women make up a slight majority of Research Analysts (52 percent) survey respondents. Most workers in this position report high levels of job satisfaction. This report is based on responses to the PayScale salary survey.

$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 who go on to become Analytics Managers may see their salaries climb quite a bit. Median pay for Analytics Managers is $98K annually. Research Analysts moving up in their careers tend to step into positions as Senior Research Analysts or Senior Research Associates. The median paychecks in those roles are $18K higher and $18K higher, respectively.

Research Analyst Job Listings

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Popular Employer Salaries for Research Analyst


Known for taking on a considerable number of Research Analysts, The Nielsen Company, ICF International, Ipsos, Corporate Executive Board (CEB), and Wood Mackenzie are leading firms in the industry. Research Analysts seeking a sizable paycheck can earn the most at Wood Mackenzie, where the average salary comes to $79K. Other employers shelling out big bucks include Booz, Allen, and Hamilton, McKinsey & Company, Inc., and Corporate Executive Board (CEB), where Research Analysts typically earn around $75K, $65K, or $62K, respectively.

Colliers International, J.P. Morgan Chase & Co. (JPMCC) and Gfk Custom Research Inc. are three other employers with a reputation for below-average pay, showing salaries around $36K, $36K, and $45K.

Popular Skills for Research Analyst


Research Analysts seem to require a rather large skill set. 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. Those proficient in Data Analysis are, more often than not, also skilled in 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 who reported more years of relevant experience also reported higher earnings. Although individuals who have less than five years' experience earn $50K on average, people with five to 10 years benefit from a notably larger average of $61K. The average pay reported by folks with 10 to 20 years of experience is around $73K. More than 20 years of experience mean a somewhat bigger median paycheck of $76K, but it's not much more than what less experienced people make.

Pay Difference by Location

National Average: $51,320

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

For those looking to make money, Research Analysts in San Francisco enjoy an exceptional pay rate, 15 percent above the national average. Research Analysts can also look forward to large paychecks in cities like New York (+14 percent), Arlington (+13 percent), Houston (+13 percent), and Boston (+11 percent). Falling short of the national average by 4 percent, the area with the worst salaries is San Diego. Two other places where employers offer below-median salaries are Cincinnati (3 percent less) and Austin (2 percent less).

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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