The average salary for a business analyst is in the $84k range. However, this salary varies depending on the industry and location you’re working in.
The average salary for a business analyst is $90,000.
Average salary for a business analyst
The average starting salary for a business analyst is $63,000. The national average salary for all business analysts combined is $76,000.
What business analysts do
A business analyst is a problem solver. You may be wondering what exactly that means. While it’s true that all business analysts are problem solvers, some are better at it than others. That’s why you need to know how to solve problems effectively before becoming a successful business analyst!
Average business analyst salary by location
If you are looking for a job as a business analyst, the place to start is your local area. The location of the business analyst can have an effect on their salary and it is important to know what this might be before accepting any offer from an employer.
The following information shows the average salary for a business analyst in each country:
- United States – $97,000 per year (USD)
- United Kingdom – £49,000 per year (GBP)
- Canada – C$72,000 per year (CAD)
- Australia – AU$95,000 per year (AUD)
In addition to providing these figures by country, we have also provided an overall figure that looks at how much businesses analysts earn across all countries listed above combined together.
Business analyst salary by state
If you’re looking to make a living as a business analyst, you’ll want to know what the average salary is in your area. The Bureau of Labor Statistics (BLS) reports that the median annual wage for business analysts was $70,000 in May 2016. This figure varies by state, however:
While California is home to some of the highest paying jobs in the country—the median annual wage for personal financial advisors is $97,440 and for marketing managers it’s $126,010—it also has one of the lowest paying industries: real estate brokers’ average salary was just $41,060. On average across all industries and regions of California though? The average business analyst salary is $64000!
The next highest paying state-wide employer is Texas ($66000), followed by New York ($6500). Virginia rounds out top five with an average yearly salary at or below six figures ($6600). On the lower end are Wyoming ($56300), Alabama ($55500), Mississippi ($50200) and Arkansas ($46500).
Business analyst salary by industry
The average salary for business analysts across all industries is $68,000 per year. The highest paying industries are:
- Healthcare – $68,070
- Financial Services – $71,711
- Technology – $68,094
The top 10 percent of business analysts make over $107,000.
The top 10 percent of business analysts make over $107,000. The bottom 10 percent of business analysts make less than $46,000. The average starting salary for business analysts is $63,000, and the average salary for business analysts is $81,000.
The bottom 10 percent of business analysts make less than $46,000.
The bottom 10 percent of business analysts make less than $46,000. The average starting salary for business analysts is $63,000 and the average salary for business analysts is $82,000. The average salary for a business analyst in the United States is $82,000 per year.
The average starting salary for business analysts is $63,000.
The average starting salary for a business analyst is $63,000. The average salary for a business analyst in the US is $67,000. The average salary for a business analyst in the US is $75,000
Conclusion
So, how much do business analysts make? That depends on location, industry and experience. But, if you’re looking for a career in business analysis, you can expect to earn more than $63,000 a year in your first year.
