Salary for local news anchors can reach well over $150,000 per year, if they are fortunate enough to work in a major market. The level of pay is based on several factors that include size and standards of industry with larger markets paying higher salary than smaller markets. Other factors such as location, experience and education can also influence the salary of a local news anchor.
Do you know the salary for local news anchors? Many people have no idea what these professionals earn, so they might not be choosing the right career path. However, this article should give you a better understanding of what to expect when looking for a career as a local news anchor.
Local news anchor salaries can run from a low of $20,000 to a high of $100,000 per year. The average salary is around $75,000.
The low end of the range is usually reserved for anchors who are new to the field or who work in smaller markets. Anchors with more experience and who work in larger markets can often earn significantly more than that.
The average salary for a local news anchor ranges from $50,000 to $150,000. The highest-paid anchors on network news earn about $10 million per year.
Salary for local news anchor
How much does a Local News Anchor make?
The average Local News Anchor in the US makes $69,194. Local News Anchors make the most in San Francisco at $104,340, averaging total compensation 51% greater than the US average.
U.S. Average
$69,194
$13,380$350,481
Base Salary
$69,194
Bonus
N/A
Get Bonus
N/A
Salary Ranges for Local News Anchors
The salaries of Local News Anchors in the US range from $13,380 to $350,481 , with a median salary of $64,162 . The middle 57% of Local News Anchors makes between $64,163 and $159,166, with the top 86% making $350,481.
How much tax will you have to pay as a Local News Anchor
For an individual filer in this tax bracket, you would have an estimated average federal tax in 2018 of 22%. After a federal tax rate of 22% has been taken out, Local News Anchors could expect to have a take-home pay of $58,031/year, with each paycheck equaling approximately $2,418*.
* assuming bi-monthly pay period. Taxes estimated using tax rates for a single filer using 2018 federal and state tax tables. Metro-specific taxes are not considered in calculations. This data is intended to be an estimate, not prescriptive financial or tax advice.
Recent Salary Records for Local News Anchor
View the most recent Salary Records anonymously contributed on Comparably.
- A Hispanic or Latino Male Local News Anchor reported making $100,000 per year in El Paso at a company with 51-200 Employees in Media industry.2 years ago · $100,000· 51-200 Employees· El Paso, TX
Quality of Life for Local News Anchor
With a take-home pay of roughly $4,836/month, and the median 2BR apartment rental price of $2,506/mo**, a Local News Anchor would pay 51.82% of their monthly take-home salary towards rent.
