News Anchor Salary

Total annual pay for News Anchors is approximately $57K, and commissions account for a significant portion of this final number — close to two-thirds on average. Geography is the main element affecting pay for this group — the specific employer and experience level are driving factors as well. Job satisfaction is reported as high by the vast majority of workers. Women News Anchors who took the survey just slightly outnumber men. Most report receiving medical coverage from their employers and the larger part collect dental insurance. Respondents to the PayScale salary survey provided the data for this report.

$32,383 - $124,213
$32K
$59K
$120K
MEDIAN: $58,648
10%
50%
90%

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$11.21 - $30.58
$11
$19
$31
MEDIAN: $19.33
10%
50%
90%

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$0$124K
Salary $32,383 - $124,213
Bonus $745 - $29,799
Profit Sharing $6,750
Commission $25,000
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).
)
$30,958 - $122,845
  • Country: United States
  • Currency: USD
  • Updated: 19 Nov 2017
  • Individuals Reporting: 683
Hourly Data $0$52
Hourly Rate $11.21 - $30.58
Hourly Tips $14.29
Overtime $10.07 - $52.23
Annual Data $0$122K
Bonus $745 - $29,799
Commission $25,000
Profit Sharing $6,750
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).
)
$30,958 - $122,845
  • Country: United States
  • Currency: USD
  • Updated: 19 Nov 2017
  • Individuals Reporting: 53

Job Description for News Anchor

News anchors generally are responsible for presenting local, national and/or world news to the public. They generally work in a studio to produce TV or radio news programs, although they sometimes report or anchor programs from the scene of the broadcast's subject. The news anchor often reads compiled news stories from a teleprompter, as well as conducts on-air interviews with the subjects of news, experts and reporter colleagues as needed. They also react to breaking news as it emerges, presenting information to the viewing or listening public as it becomes available. Additionally, news anchors help make editorial decisions about which stories to air and how they should be presented. The anchor may also report stories themselves, performing such tasks as conducting interviews, obtaining video and audio to use in broadcast, researching relevant information, and using computer software to edit audio and/or video gathered through the course of reporting.

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News Anchor Tasks

  • Present both live and pre-recorded daily news stories in a professional manner on television.
  • Send timely updates via social media to engage the viewing audience and keep them informed.
  • Venture into the field to cover live events and unfolding stories as they happen.
  • Cover breaking news stories in real time and follow along with updates.
  • Research and develop news stories from the idea stages to a written script.

Common Career Paths for News Anchor


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Though it's uncommon, some News Anchors move into roles as Evening Anchors, where pay is an average $71K per year. A lot of News Anchors advance their careers by becoming Morning Anchors and Radio Show Hosts. However, those positions offer $5K less and $16K less per year on average.

News Anchor Job Listings

Popular Employer Salaries for News Anchor


Leading companies who hire large numbers of News Anchors include CBS Corporation, Sinclair Broadcast Group, Inc, Tribune Co, Nexstar Broadcasting Group, Inc., and Abc Corp. Sinclair Broadcast Group, Inc offers the highest compensation with a median salary of $72K. News Anchors will also find cushy salaries at CBS Corporation (+$68K), Raycom Media, Inc. (+$65K), and Tribune Co (+$55K).

A few other companies with smaller-than-average paychecks include Abc Corp. ($27K), Nexstar Broadcasting Group, Inc. ($32K), and Tribune Co ($55K).

Pay by Experience Level for News Anchor

Pay by Experience for a News Anchor has a positive trend. An entry-level News Anchor with less than 5 years of experience can expect to earn an average total compensation of $46,000 based on 326 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A News Anchor with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $57,000 based on 383 salaries. An experienced News Anchor which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $71,000 based on 388 salaries. A News Anchor with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $74,000 based on 139 salaries.

Pay Difference by Location

National Average: $57,830

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

The three biggest American cities also offer the biggest paychecks — professionals in New York, Chicago, and Los Angeles earn more on average than News Anchors in the rest of the country. One of the biggest compensable factors for News Anchors is geography, with workers in Columbia earning a whopping 30 percent below the national average. Employers pay around 12 percent less in Phoenix and 4 percent less in St. Louis, below-median salaries for those in this field.

Related Job Salaries

Key Stats for News Anchor

Gender

Female
60 %
Male
40 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 40 votes.
Less than 1 year
3%
1-4 years
20%
5-9 years
25%
10-19 years
35%
20 years or more
17%

Experience Affects News Anchor Salaries

▲27%

▲23%

National Average
$58,000

▼1%

▼21%

Skills That Affect News Anchor Salaries

anchor
▲64%

Journalism
▲50%

National Average
$58,000



Video Editing
▼27%

Public Speaking
▼30%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 40 votes.

Gender

Female
60 %
Male
40 %

Years of Experience

Less than 1 year
3%
1-4 years
20%
5-9 years
25%
10-19 years
35%
20 years or more
17%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 69%
vision benefits
Vision: 53%
no benefits
None: 12%