It’s important to know how much you’re going to get paid if you embark on a career choice like Market Research Analyst. To start we always like to take a look at government average salaries that give you starting point to finding out how much people are currently getting paid in positions like a Market Research Analyst career.
The BLS produced salary data for Market Research Analysts in the United States in 2010 at a median pay rate of $60,570 a year. That kind of pay comes out to around $29.12 an hour and typically requires a Bachelor’s Degree to get that median market salary. The total number of market research analyst jobs that were available in 2010 according to the BLS were 282,700 and were expected to grow from 2010-2020 by 41%. This puts this research analyst career at an extremely high growth rate compared to other careers. In just one decade the job market is expected to add 116,600 market research analysts jobs that will need to hire new analysts.
In 2012 CNN released a report that listed a Market Research Analyst as the 7th best job in America. The salary they reported on was a median pay of $63,100 and a top pay that you can expect to get if you’re the best in the market research field at $97,700. It was mentioned that useful skills for this job to make sure you get paid well are statistics, economics and computer science. A market research analyst pours over data to try and figure out what consumers want to buy, where they want to buy it, how much they want to buy and at what price. The way market research analysts get to that conclusion is digging deep into consumer data driven numbers, market surveys and demographic information that can be produced into useful marketing data.
If you’re in the market for a job as a market research analyst you’ll want to dig into our state by state salary data that tells you how much you can expect to make in 2013 in every single state in the United States. Depending on which state you get a job in as an analyst you could get a much higher wage than other states.
Top 6 States For High Paying Market Research Analyst Salaries:
Looking at all the data below we have uncovered the highest paying markets to get a job as a market research analyst. The top two states in the US are tied at $92,000 a year for an Analyst getting a job there. The top 3rd and 4th states for paying high wages to market research analysts are also tied at $90,000 a year and then the last two come in at $89,000 and $87,000. Choosing the right state could earn you more than $5,000 a year extra from the #1 paying state to the #6 paying state!
- Market Research Analyst Salary in Mississippi – $92,000
- Market Research Analyst Salary in New York – $92,000
- Market Research Analyst Salary in Massachusetts – $90,000
- Market Research Analyst Salary in Washington DC – $90,000
- Market Research Analyst Salary in Virgin Islands – $89,000
- Market Research Analyst Salary in California – $87,000
Listed below is information that is specific to Market Research Analyst job salaries that you can expect to receive in that state area. Our state by state breakdown allows you to see which state is best to get a job as a Market Research Analyst. The salary information provided below is off of real-world job listings for Market Research Analysts and the pay offered for those jobs. We source Indeed, Simply Hired, PayScale and GlassDoor.com. The information provided by Indeed about their process for collecting salary averages is as follows: “Indeed Salary Search is based on an index of salary information extracted from over 50 million job postings from thousands of unique sources over the last 12 months. Many job descriptions don’t contain salary information, but there are enough that do to produce statistically significant median salaries for millions of keyword, job title and location combinations – in fact, most job searches you are likely to think of. As new jobs are added each day, the Indeed Salary Search index is automatically updated with fresh salary data, so the salary results are as up-to-date as they could possibly be.”