How Much Do Market Research Analysts Make in 2020 (including Starting Salary)

Stan T.Career, SalaryLeave a Comment

Annual Salary, Salary Range, and Highest Paying States.

Average Salary

Annual salary
$70960 per year

Hourly wage
$34 per hour


One of the most popular questions we get from our readers here is how much do Market Research Analysts make per year and their hourly wage.


Starting Salary

Entry-level annual salary
$34310 to $46360 per year

Entry-level hourly wage
$17 to $22 per hour


Entry-level Market Research Analysts with little to no experience can expect to make anywhere between $34310 to $46360 per year or $17 to $22 per hour.

Just like any other job, the salary of a Market Research Analyst and Marketing Specialist will increase as they become more experienced.



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Salary Rank

Salary rank
B

We wanted to make it easy for our readers to compare the salary of a Market Research Analyst and Marketing Specialist to all the other careers out there. So we created Salary Rank. We compare the salary of all careers then we give them a rank of A, B, C or D depending on where their average salary sits in comparison to other careers.

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


Salary range

LevelHourlyYearly
Highest (Top 10%)$58$121080
Senior (Top 25%)$43$88680
Middle (Mid 50%)$30$63120
Junior (Bottom 25%)$22$46360
No experience (Bottom 10%)$17$34310

Highest paying states

StateHourlyAnnual
NJ$ 42$ 87,210
DE$ 40$ 82,890
WA$ 39$ 81,890
DC$ 38$ 79,770
TX$ 38$ 78,200
CA$ 38$ 78,090
NY$ 37$ 77,230
CT$ 37$ 77,010
VA$ 36$ 75,050
MA$ 36$ 74,510

Another simple way to increase your salary as a Market Research Analyst and Marketing Specialist is to move to a higher paying state. However moving to a higher paying state like NJ doesn’t guarantee that you will make more because the expenses at NJ might be much higher than where you are currently living at right now.

According to BLS, the highest paid Market Research Analysts are in the states of NJ, DE, WA, DC and TX.




Learn more about Market Research Analysts and Marketing Specialists

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Related to Market Research Analysts and Marketing Specialists Salary

Market Research Analysts and Marketing Specialists salary, how much do Market Research Analysts and Marketing Specialists earn, Market Research Analysts and Marketing Specialists hourly wage, Market Research Analysts and Marketing Specialists annual pay, which states pay the highest for Market Research Analysts and Marketing Specialists

Additional resources

http://www.bls.gov/OOH/business-and-financial/market-research-analysts.htm
https://www.casro.org/
http://www.marketingresearch.org/


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