Research Analyst Salary

For Research Analysts, Wood Mackenzie hands out the highest paychecks — $79K on average — relative to the national average of $53K per year. Other big spenders include Booz, Allen, and Hamilton, Corporate Executive Board (CEB), and Jones Lang LaSalle, top-paying firms where Research Analysts see paychecks nearing $75K, $67K, or $64K. This snapshot results from replies to PayScale's salary survey.

$39,319 - $77,404
$39K
$53K
$77K
MEDIAN: $52,976
10%
50%
90%

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$13.52 - $29.91
$14
$20
$30
MEDIAN: $19.67
10%
50%
90%

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$0$78K
Salary $39,319 - $77,404
Bonus $74.50 - $13,351
Profit Sharing $967 - $10,271
Commission $1,200
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).
)
$36,848 - $78,580
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 2,158
Hourly Data $0$43
Hourly Rate $13.52 - $29.91
Overtime $19.69 - $43.40
Annual Data $0$78K
Bonus $74.50 - $13,351
Commission $1,200
Profit Sharing $967 - $10,271
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).
)
$36,848 - $78,580
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 354

Find Out Exactly What You Should Be Paid

United States (change)

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

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

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 $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

Popular Employer Salaries for Research Analyst

Popular Skills for Research Analyst


Survey takers working as Research Analysts report using a large range of professional skills. 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 14 percent. Skills that seem to negatively impact pay include Online Research and Database Management & Reporting. 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

Pay by Experience for a Research Analyst has a positive trend. An entry-level Research Analyst with less than 5 years of experience can expect to earn an average total compensation of $50,000 based on 1,973 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Research Analyst with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $60,000 based on 432 salaries. An experienced Research Analyst which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $72,000 based on 174 salaries. A Research Analyst with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $70,000 based on 57 salaries.

Pay Difference by Location

National Average: $52,507

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

For Research Analysts, working in the bustling city of San Francisco has its advantages, including an above-average pay rate. Research Analysts will also find cushy salaries in Boston (+12 percent), Atlanta (+11 percent), Portland (+8 percent), and New York (+8 percent). Research Analysts in Salt Lake City report much lower salaries than the rest of the country — 23 percent below the national average — proving that residence is a major factor in overall pay. Below-median salaries also turn up in Dallas and Houston (13 percent lower and 11 percent lower, respectively).

Research Analyst Reviews

Q: What is it like working as a Research Analyst?

Research Analyst in New York:
"Busy."
Pros: Putting together insights.
Cons: Salary.

Research Analyst in Springfield:
"Be prepared for sitting at a computer!!!!"
Pros: Generally: - Good pay. - Job security. - Moderate stress - low stress enviroments. - Dress code's usually flexiable.
Cons: - Boredom factor!!!!!!!! - Sitting all day. - Computer caused eye-strain.

Research Analyst in Houston:
Pros: - management is very respectful to all employees. - work/life balance is strongly encouraged.
Cons: - I am not paid relative to the high-demand skills I gained as an MIS major. - the industry does not appreciate the importance of technology.

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 Los Angeles:
"Great People."
Pros: Work with great people, respectful of your time and grateful for good work.
Cons: A focus on technology is lacking.

Research Analyst in New York:
"VERY ENGAGING WORK."
Pros: ENGAGING WORK. ABILITY TO INNOVATE IN GROWING FIELD.
Cons: A LOT OF HOURS.

Related Job Salaries

Key Stats for Research Analyst

Gender

Female
52 %
Male
48 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 372 votes.
Less than 1 year
13%
1-4 years
61%
5-9 years
17%
10-19 years
7%
20 years or more
2%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Research Analyst Salaries

▲38%

▲34%

▲14%

National Average
$53,000

▼4%

Skills That Affect Research Analyst Salaries






▼0%

National Average
$53,000

Data Analysis
▼1%



Market Research
▼2%






Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 372 votes.

Gender

Female
52 %
Male
48 %

Years of Experience

Less than 1 year
13%
1-4 years
61%
5-9 years
17%
10-19 years
7%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 73%
vision benefits
Vision: 62%
no benefits
None: 12%
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