For Research Analysts, higher-than-average salaries can be found at Wood Mackenzie, where the average employee brings in around $79K relative to the national average of $52K annually for those in this line of work. Research Analysts can also look forward to large paychecks at Booz, Allen, and Hamilton ($75K), The Advisory Board Company ($58K), and AC Nielsen Corp ($54K). This report is based on responses to the PayScale salary survey.

$38,458 - $76,507
(Median)
$38K
$52K
$77K
MEDIAN: $51,733
10%
50%
90%

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$13.19 - $29.27
(Median)
$13
$20
$29
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$26K$52K$78K
Salary
$38,458 - $76,507  
   
Bonus
$207.81 - $14,708  
Profit Sharing
$964 - $16,341  
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).
)
$36,463 - $77,632  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 2,200
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
$13.19 - $29.27  
   
Overtime
$18.12 - $41.65  
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
$207.81 - $14,708  
   
Commission
$3,750  
Profit Sharing
$964 - $16,341  
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).
)
$36,463 - $77,632  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 311
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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.

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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, Statistical Analysis, Presentations, and Technical Writing are correlated to pay that is above average, with boosts between 4 percent and 13 percent. At the other end of the pay range are skills like Online Research, Database Management & Reporting, and Microsoft Office. For most people, competency in Data Analysis indicates knowledge of 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.


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 $60K. Research Analysts claiming one to two decades of experience make an estimated median of $71K. Research Analysts who have stuck around for more than two decades see earnings that are no higher than those of folks who have worked for 10 to 20 years.

Pay Difference by Location

National Average: $51,632

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

With a pay rate for Research Analysts that is 16 percent greater than the national average, San Francisco offers a comfortable salary for those in this profession. Research Analysts can also look forward to large paychecks in cities like Boston (+15 percent), Arlington (+13 percent), Portland (+11 percent), and Philadelphia (+11 percent). The lowest-paying market is Salt Lake City, which sits 22 percent below the national average, proving that location is a significant contributor to overall pay. Employers in Houston and Austin also lean toward paying below-median salaries (5 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.

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Experience Affects Research Analyst Salaries




National Average
$52,000


Skills That Affect Research Analyst Salaries


Statistical Analysis
up arrow 4%

Presentations
up arrow 4%

Technical Writing
up arrow 3%

Research Analysis
up arrow 2%

Project Management
up arrow 2%

Policy Analysis
up arrow 2%

SPSS
up arrow 1%

Data Analysis
0%

Market Research
0%

National Average
$52,000

Microsoft Excel
up arrow 1%

Microsoft Word
up arrow 3%

Microsoft Office
up arrow 4%



Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 313 votes.

Gender

Female
53 %
Male
47 %

Years of Experience

Less than 1 year
12%
1-4 years
63%
5-9 years
16%
10-19 years
7%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 74%
medical benefits
Vision: 61%
dental benefits
None: 11%
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