How much does a Research Analyst make?

The average salary for a Research Analyst is $84,191 per year in United States. Salaries estimates are based on 13852 salaries submitted anonymously to Glassdoor by a Research Analyst employees in United States.

The highest salary for a Research Analyst in United States is $108,695 per year.

The lowest salary for a Research Analyst in United States is $65,717 per year.

If you are thinking of becoming a Research Analyst or planning the next step in your career, find details about the role, the career path and salary trajectory of a Research Analyst.

70% of research analysts are satisfied with their salary, with annual salaries of $52,615.48 for entry-level analysts to $136,119.06 for senior level analysts. There are a number of factors that affect their salaries, including experience and job title. Entry-level employees make less than experienced professionals.

Research Analysts still make a respectable amount of money over time, with a median salary of $136,119.06 per year. The highly experienced make a salary toward the high end of the spectrum every year, while the lowest-paid earn $52,615.48 per year. As with most jobs, overtime pay can also be possible if you work more hours than normal, especially if you're an hourly worker.

Research analysts who earn their degree with an emphasis on statistics can often earn more as they have more opportunities to advance their careers. Accumulating research experience is an important part of becoming a highly experienced research analyst. By learning to explain complex concepts clearly, you'll naturally build trust with your clients and colleagues. This will allow you to work more efficiently and confidently as well as become more valuable to the company. With experience, you'll also learn how to communicate effectively with other people at all stages of the process from getting data to analyzing it. You can also start by volunteering or taking part in hackathons.

As a research analyst, your salary can increase naturally depending on the company you work for and your experience level. Research comparable salaries for research analysts at other companies in your geographic area. You can then set a goal for what you want to earn, and determine how much you are willing to negotiate based on that number. The best way to get a higher salary as a research analyst is to show that you're worth it by being prepared and following a solid plan for getting there. You can also negotiate by asking for small raises in increments of $100 or $200 every six months.