Operations Research Analysts Salary 2017: How Much Money Do They Make

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hourly pay for Operations Research Analysts
do Operations Research Analysts make a lot of money

Operations Research Analysts

Other names for this job might include Analyst, Analytical Strategist, Business Analytics Director, Business Insight and Analytics Manager, Business Operations Analyst, Business Process Analyst, Decision Analyst, File System Installer, Forms Analyst, Liaison Planner


  • $84340
    Salary
  • 67%
    Job satisfaction
  • Hard
    Becoming one
  • High
    Job growth
OwlGuru Rank

B+



How Much Successful Operations Research Analysts Make In 2017


In this salary guide, you will find out how much do Operations Research Analysts make.

After reading this, you will be able to make a decision if working as an Operations Research Analyst will suit your financial goals (e.g: buying a home, BMW or just your target salary goal).



Average salary

Annual salary
$84340 per year

Hourly wage
$40.550 per hour


1 of the most popular questions we get from our readers here at OwlGuru is how much do Operations Research Analysts make per year and what is their hourly wage.

According to BLS, the average annual salary of Operations Research Analysts is $84340. Their salary can also be as low as $43400 if you’re still a newbie with no experience to over $132660 if you have a ton of experience under your belt.

The typical hourly pay is $40.550 and can range from $20.870 to $63.780 which also depends if you’re a newbie or a professional.

Just like any other job, the salary of An Operations Research Analyst will vary based on your education and experience level.

# = Over $100 per hour or $200,000 per year.
Salary rank
A

We wanted to make it easy for our readers to compare the salary of An Operations Research Analyst to all the other careers out there. So we created Salary Rank.

This compares the salary of all careers and we give them a rank of A, B, C or D depending on how high or low is their average salary.

After comparing how much do Operations Research Analysts make with other careers, they have a salary rank of A.



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Salary range

LevelHourlyYearly
Highest (Top 10%)$63.780$132660
Senior (Top 25%)$50.680$105410
Middle (Mid 50%)$38.080$79200
Junior (Bottom 25%)$27.600$57400
No experience (Bottom 10%)$20.870$43400


Entry-level Operations Research Analysts who starts out at $57400 can expect to make $79200 after 3-5 years of experience in the field.

The bottom 10% makes less than $20.870 per hour while the top 10% makes over $63.780 per hour.

While the median wage is $79200 per annum or $38.080 per hour.

Depending on who you work for, you might also get overtime pay.

# = Over $100 per hour or $200,000 per year.


Highest paying industries

Industry nameHourly wageAnnual salary
Communications Equipment Manufacturing60.28125390
Federal Executive Branch52.86109960
Federal government, including the US Postal Service52.4108990
Commercial and Service Industry Machinery Manufacturing51.55107230
Legal Services49.95103900
Securities and Commodity Contracts Intermediation and Brokerage49.71103410
Wireless Telecommunications Carriers (except Satellite)49.62103220
Securities, Commodity Contracts, and Other Financial Investments and Related Activities49.1102120
Research and Development in the Social Sciences and Humanities49.08102090
Other Financial Investment Activities48.57101030
Computer and Electronic Product Manufacturing48.27100400
Computer and Peripheral Equipment Manufacturing48.17100200
Machinery Manufacturing47.6399060
Psychiatric and Substance Abuse Hospitals, State government owned47.5598910
Converted Paper Product Manufacturing46.6997110
Other Information Services46.2896250
Motor Vehicle Manufacturing46.1696020
Engineering Services46.0795820
Navigational, Measuring, Electromedical, and Control Instruments Manufacturing45.9895640
Medical Equipment and Supplies Manufacturing45.8295310
Ship and Boat Building45.7195080
Miscellaneous Manufacturing45.3194250
Petroleum and Coal Products Manufacturing45.0493680
Household Appliances and Electrical and Electronic Goods Merchant Wholesalers44.9493480
Software Publishers44.9493480
Paper Manufacturing44.6692900
Metalworking Machinery Manufacturing44.692770
Other Professional, Scientific, and Technical Services44.5892730
Scientific Research and Development Services44.592550
Architectural, Engineering, and Related Services44.4892520
Postal Service (federal government)44.2592050
Research and Development in the Physical, Engineering, and Life Sciences43.8291140
Rail Transportation43.7290930
Monetary Authorities-Central Bank43.7190910
Publishing Industries (except Internet)43.6190700
Manufacturing43.4790430
Personal and Laundry Services43.2689970
Other Personal Services43.2689970
Management, Scientific, and Technical Consulting Services43.2389920
Electronic Shopping and Mail-Order Houses42.8689150
Nonstore Retailers42.8489120
Professional, Scientific, and Technical Services42.8289070
Retail Trade42.7688940
Educational Support Services (including private, state, and local government schools)42.6488690
Educational Support Services, Privately owned42.6488690
Psychiatric and Substance Abuse Hospitals (including private, state, and local government hospitals)42.3888150
Other General Purpose Machinery Manufacturing42.187560
Basic Chemical Manufacturing42.0887520
Soap, Cleaning Compound, and Toilet Preparation Manufacturing41.9687280
Computer Systems Design and Related Services41.9487240
Pulp, Paper, and Paperboard Mills41.586330
Merchant Wholesalers, Durable Goods41.2485770
Professional and Commercial Equipment and Supplies Merchant Wholesalers41.2185720
Electric Power Generation, Transmission and Distribution41.0885460
Engine, Turbine, and Power Transmission Equipment Manufacturing41.0185300
Aerospace Product and Parts Manufacturing40.9685200
Utilities40.8384930
Wholesale Trade40.6384520
Drugs and Druggists' Sundries Merchant Wholesalers40.6184470
Transportation Equipment Manufacturing40.5184250
Information40.3984020
Federal, State, and Local Government40.3683940
Federal, State, and Local Government, excluding state and local schools and hospitals, and the US Postal Service40.3683940
Management of Companies and Enterprises40.3483910
All industries, private ownership only40.2883780
All industries39.8882940
Telecommunications39.8682910
Direct Insurance (except Life, Health, and Medical) Carriers39.8482860
Other Services (except Federal, State, and Local Government)39.682360
Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing39.5782310
Natural Gas Distribution39.5782300
Business, Professional, Labor, Political, and Similar Organizations39.4782100
Religious, Grantmaking, Civic, Professional, and Similar Organizations39.3581860
Other Telecommunications39.3181770
Employment Services39.1681440
Oil and Gas Extraction39.1381380
Wholesale Electronic Markets and Agents and Brokers39.1381380
Mining39.1281360
Chemical Manufacturing38.9581020
Hospitals, State government owned38.8980900
Grantmaking and Giving Services38.6680400
Accounting, Tax Preparation, Bookkeeping, and Payroll Services38.5480160
Merchant Wholesalers, Nondurable Goods38.3779800
Semiconductor and Other Electronic Component Manufacturing38.2979650
Pharmaceutical and Medicine Manufacturing38.2379530
Wired Telecommunications Carriers38.2379520
Finance and Insurance38.1979440
Furniture and Related Product Manufacturing37.7378480
Motor Vehicle Parts Manufacturing37.5778150
Newspaper, Periodical, Book, and Directory Publishers37.578010
Federal, state, and local government, including government owned schools and hospitals, and the US Postal Service37.4777940
Other Support Services37.2577470
Automotive Equipment Rental and Leasing37.1677290
Advertising, Public Relations, and Related Services37.1277210
Transportation and Warehousing37.0677090
Miscellaneous Nondurable Goods Merchant Wholesalers37.0577070
Plastics and Rubber Products Manufacturing36.9976940
Insurance Carriers36.7276370
Outpatient Care Centers36.6676260
Insurance Carriers and Related Activities36.5676050
Plastics Product Manufacturing36.3475600
Air Transportation36.3375560
Scheduled Air Transportation36.2775450
Electrical Equipment Manufacturing36.1475180
Electrical Equipment, Appliance, and Component Manufacturing36.175080
Nondepository Credit Intermediation36.0775020
Resin, Synthetic Rubber, and Artificial Synthetic Fibers and Filaments Manufacturing36.0274930
Other Electrical Equipment and Component Manufacturing35.9374730
Other Insurance Related Activities35.8174490
Agencies, Brokerages, and Other Insurance Related Activities35.7274290
Data Processing, Hosting, and Related Services35.6574160
Fabricated Metal Product Manufacturing35.5773990
Insurance Agencies and Brokerages35.5373900
Couriers and Messengers35.5273880
Couriers and Express Delivery Services35.5273880
Sector 56- Administrative and Support and Waste Management and Remediation Services35.1373080
Administrative and Support Services34.9472670
Machinery, Equipment, and Supplies Merchant Wholesalers34.8272430
Other Nondepository Credit Intermediation34.7872340
Food Manufacturing34.7672300
Rental and Leasing Services34.6672100
Primary Metal Manufacturing34.3671470
Other Fabricated Metal Product Manufacturing34.271140
Credit Intermediation and Related Activities34.271130
Real Estate and Rental and Leasing3470730
Support Activities for Transportation33.9670630
Specialty hospitals, Privately owned33.8970480
Specialty (except Psychiatric and Substance Abuse) Hospitals (including private, state, and local government hospitals)33.8270350
Elementary and Secondary Schools, Local government owned33.7970280
Depository Credit Intermediation33.3569370
Educational Services, Privately owned33.3469340
Elementary and Secondary Schools (including private, state, and local government schools)33.2669180
Truck Transportation33.1168870
General Medical and Surgical Hospitals, State government owned32.9568530
General Medical and Surgical Hospitals, Local government owned32.868220
Hospitals, Local government owned32.7868190
Real Estate32.7668140
General Freight Trucking32.6567910
Arts, Entertainment, and Recreation32.6467890
Amusement, Gambling, and Recreation Industries32.5767740
Educational Services, Local government owned32.5467670
Ambulatory Health Care Services32.4667520
Amusement Parks and Arcades32.3467270
Office Administrative Services31.8266180
Iron and Steel Mills and Ferroalloy Manufacturing31.6765880
Testing Laboratories31.5965710
Health Care and Social Assistance (including private, state, and local government hospitals)31.3365170
Activities Related to Real Estate31.365100
Activities Related to Credit Intermediation31.2765050
Business Support Services31.2464970
Hospitals (including private, state, and local government hospitals)31.1564800
Colleges, universities, and professional schools, Privately owned31.1164720
Local government, including schools and hospitals30.7763990
Offices of Physicians30.7163880
General Medical and Surgical Hospitals (including private, state, and local government hospitals)30.3363080
Hospitals, Privately owned30.0162410
General Medical and Surgical Hospitals, Privately owned29.8362040
Junior colleges, Local government owned29.8262030
Printing and Related Support Activities29.7661910
Local Government, excluding schools and hospitals29.7561890
Junior Colleges (including private, state, and local government schools)29.5861530
Social Assistance29.4761290
Educational Services (including private, state, and local government schools)28.7459780
Telephone Call Centers28.4459150
Elementary and Secondary Schools, Privately owned28.158440
Other Ambulatory Health Care Services27.9358090
Colleges, Universities, and Professional Schools (including private, state, and local government schools)27.2156600
Water Transportation26.8155760
Deep Sea, Coastal, and Great Lakes Water Transportation26.8155760
State government, including schools and hospitals26.6855490
Colleges, universities, and professional schools, State government owned26.354710
Educational Services, State government owned26.2954690
State Government, excluding schools and hospitals26.1854460
Warehousing and Storage24.751370

Not all industries pay the same for Operations Research Analysts.

1 of the easiest way to increase your salary is to change industries and find a higher paying one.



Highest paying states

StateHourlyAnnual
DC$53.12$110500
VA$50.69$105430
NY$48.82$101540
NJ$48.79$101490
CT$47.15$98060
AL$45.72$95090
MD$45.46$94560
CA$45.37$94360
DE$43.67$90830
CO$42.73$88880

Another simple way to boost your pay as An Operations Research Analyst is to move to a higher paying state. However moving to a higher paying state like DC doesn’t mean you will make more overall. This is because the expenses at DC may be 2x higher than where you are currently living at right now.

According to the BLS, the highest paid / most successful Operations Research Analysts are in the states of DC, VA, NY, NJ and CT. The average salary in DC is $110500.



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Related to Operations Research Analysts Salary

Operations Research Analysts salary, how much do Operations Research Analysts earn, Operations Research Analysts hourly wage, Operations Research Analysts annual pay, highest paying industries for Operations Research Analysts, which states pay the highest for Operations Research Analysts

Additional resources

http://www.bls.gov/OOH/math/operations-research-analysts.htm
http://www.informs.org/
http://www.mors.org/
https://www.certifiedanalytics.org/index.php

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Operations Research Analysts
Written by: Stanley Tan
Operations Research Analysts formulate and apply mathematical modeling and other optimizing methods to develop and interpret information that assists management with decision making, policy formulation, or other managerial functions. May collect and analyze data and develop decision support software, service, or products. May develop and supply optimal time, cost, or logistics networks for program evaluation, review, or implementation.
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